Influencers: #victims of their own success?

    ‘I’m not selling a product – I’m selling my personality’

    Influencer marketing works. That’s why brands spend billions on it annually. But content creators must post relentlessly about their carefully curated lives or risk being passed over by the algorithms.

    by Benoît Bréville 

    JPEG - 477.3 KiB

    Vlogger Juju Fitcats walks the runway during the Salon du Chocolat de Paris 2023, Paris, 27 October 2023

    Dimitar Dilkoff · AFP · Getty

    On 3 May a gleaming Tecnomar for Lamborghini sports yacht – with an official capacity of 16 passengers – sank near Miami Beach. On board at the time were 32 influencers enjoying the Florida sunshine. As the boat went down, the revellers in swimsuits and neon lifejackets kept filming themselves on their phones, grins fixed till the end. Their afternoon may have been ruined, but the footage was soon doing the rounds on social media. It’s a fitting metaphor for the setbacks that have affected the world of jet-set influencers in recent years.

    One major cause is an oversaturated market. When reality TV shows exploded, advertisers became spoilt for choice if they want to promote bikinis or tanning products on Instagram. ‘I used to do three sponsored posts a day. Now I’m lucky to get one every other day,’ said Julia Paredes in a YouTube interview. Paredes, a former contestant on several reality shows runs an Instagram account with 1.1 million followers, where she shares her life as a single mother in Dubai.

    In among the photos of her children and luxury nights out, she inserts sponsored content for a wide range of brands – makeup, local restaurants, baby products, play mats, protein powders. ‘Some months I used to make €35-40,000. Now it can be more like €5,000,’ she said. It’s a sign of the times that many Dubai-based influencers have recently moved to Bali, where the cost of living is lower. Others have returned to doing paid nightclub appearances, as they did early in their careers, and some have resorted to selling erotic images on platforms such as MYM and OnlyFans.

    Yet out of the spotlight on the biggest names, the influencer marketing industry continues to thrive. In France alone, it was worth nearly €6.5bn in 2024, according to a study by Coherent Market Insights. Brands, especially in the fashion, cosmetics and sport sectors, are spending more than ever promoting their products online.

    ‘Booba killed the business for (…)

    Full article: 3 813 words.

    Benoît Bréville

    Benoît Bréville is president and editorial director of Le Monde diplomatique.

    Translated by George Miller

    (4See Christopher Newfield, ‘America’s degree scam’, Le Monde diplomatique, English edition, November 2012.

    (5Melanie Hanson, ‘Economic effects of student loan debt’, 25 November 2024, educationdata.org/.

    (7CJ Libassi, Jennifer Ma and Matea Pender, ‘Trends in college pricing and student aid 2020’, College Board, New York, 2020, research.collegeboard.org/.

    (8‘Fast facts’, National Center for Education Statistics (NCES), nces.ed.gov/fastfacts/.

    (10‘US higher education endowments report 6.8 % 10-year average annual return, increase spending to a collective $30 billion’, 12 February 2025, www.nacubo.org/.

    (11‘China’s globetrotting students are getting back on the road’, The Economist, London, 25 November 2021.

    (12Lisa Peet, ‘LJ’s college student library usage survey reveals positive views, inconsistent engagement’, 4 May 2022, www.libraryjournal.com/.

    (13Suzanne Blake, ‘Nearly half of college grads polled say degree unnecessary for current job’, 17 October 2024, www.newsweek.com/, and Andrew Hanson et al, ‘Talent disrupted: College graduates, underemployment, and the way forward’, February 2022, www.burningglassinstitute.org/.

    (14‘2.1 million manufacturing jobs could go unfilled by 2030’, 4 May 2021, nam.org/.

    (15‘All aboard the apprenticeSHIP: assessing the changing face of registered apprenticeships’, White House press release, 20 November 2024, bidenwhitehouse.archives.gov/.

    (16‘College enrollment rates’, NCES, May 2024, nces.ed.gov/.

    Discussion