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CREATOR ECONOMY
By our News Team | 2023
Advertisers are finding tremendous success adding it to their marketing mix alongside studio content advertising, says IAB.
The Interactive Advertising Bureau in the US recently released its first research report on the creator economy advertising opportunity.
Titled ‘The Creator Economy Opportunity: Where Authenticity Meets Impact’ and conducted in partnership with research agency Talk Shoppe, it offers an examination of the evolving consumer purchase journey, how buyers can leverage the creator economy in their media budgets, and where creator content fits in the media mix alongside studio-produced content.
Photo by Ron Lach from Pexels
“Creator content marketing is a powerful vehicle for driving full-funnel impact, and advertisers are finding tremendous success adding it to their marketing mix alongside studio content advertising,” says Jack Koch, Senior Vice President for Research & Insights at the IAB.
“This report helps marketers more deeply understand the opportunity, and how best to activate campaigns leveraging creator content. As more advertisers see real success with creator marketing, those who haven’t invested yet risk falling behind.”
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“The creator economy, valued at US$250-billion this year by Goldman Sachs, is expected to nearly double to $480-billion by 2027. Savvy marketers know that they need to reach their customers in content that resonates with them,” says David Cohen, CEO of the IAB. “There is no doubt – creator content is now a vital part of the mix.”

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