Social Media Means
Photo: Karolina Grabowska
Cristiano Ronaldo - $2.40 million The legendary footballer sits at the top of the list of the highest-paid influencers making an average of $2.40 million (an estimated Rs 19 crore) per post. Ronaldo has also topped the list of the most followed person on Instagram with 483 million followers.
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Read More »Facebook and Youtube are the most popular social network with billions of users worldwide followed by Instagram which has at least 1.4 billion users who spend an average of 29 minutes on the platform every day. This makes the network an excellent tool for brands to promote their products and services. For this purpose, companies rely on the work of influencers with millions of followers on Instagram. Influencers promote the products and, in return, receive a good amount of money. However, the number of followers isn't the only factor taken into account when pricing a post on the network. A well-used metric in the industry to analyze the real value delivered is the engagement or the number of followers who like and comment on each published post. Thus, it is possible to find profiles with a smaller number of followers, but with a higher amount charged per post.
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