In the recent past, social media marketing has witnessed an
enormous increase. This has given birth to a bandwagon of social
media influencers, who spend hours in creating content and doing
various other activities such as endorsing, reviewing or
advertising a brand. Influencer marketing can be understood as a
type of marketing that focuses on using key leaders to drive the
brand's message to the larger market, rather than marketing
directly to a large group of consumers, the brand instead
inspire/hire/pay influencers to get out the word for
it.1
As per a report titled, 'The State of Influencer Marketing
2019: Benchmark Report' by Influencer Marketing Report revealed
that the outlook for influencer marketing is extremely
positive2. It further showed that 92% of consumers
believed that influencer marketing was an effective form of
marketing.3 Therefore, with the increase in the
industry, various issues in this regard have also elevated.