In 2023, influencer marketing was estimated to be worth $21.1 billion — but for a majority of influencers in front of the camera working to rake in the views, create the content and shoulder the responsibility of public scrutiny, there is no pot of gold at the end of the rainbow.
More than 200 million content creators are competing for a piece of the pie, and in Australia, the money to be made isn't nearly as lucrative as it is for those in the United States.
Online content creator Grace Dorney can attest to this, telling Mamamia that apart from a few free beauty products, there has been no monetary gain from her stint in the online world, which began in 2020 during the height of the COVID pandemic.
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"It was lockdown. I was bored and I had so much time on my hands," she explains, adding that her foray into viral stardom began with an old Nike T-shirt she wanted to upcycle into a corset top.
She was already knee-deep into her own video series where she reconstructed old garbs into new outfits. As a result, Grace slowly built up her audience to several thousand followers.