Influencer marketing has evolved from a niche strategy to a multi-billion-dollar industry with a 31.78% projected CAGR over 2024-2029, impacting consumer behavior globally.
IZEA Founder Ted Murphy recognized the growing influence of independent creators in 2004, leading to the creation of 'e-seeding,' leveraging bloggers and MySpace celebrities to promote brands.
Murphy pioneered the first influencer marketing platform, PayPerPost, in 2006, disrupting the industry by paying bloggers to create content for brands amid social media skepticism.
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