Online Influencer Business

Business Idea: Start An Online Influencer Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$46.3K
Avg Startup Costs
$5.89K
Score
74
Market Size
Avg Revenue
Min Revenue
$2K/month
Max Revenue
$83.3K/month
Avg Days To Build
145 days

An online influencer business is a company or service that gets products or services sold through popular online users. It can be a very lucrative form of marketing.

As technology has advanced, more and more influencer businesses are starting to rise. These are people or companies who become famous for being influential on various topics.

More and more companies are investing in online influencer marketing because this channel is successful for new product exposure or for sharing news about a brand through voice-overs on popular online videos. You can work with these online influencers in different ways including the use of affiliate marketing or product embeds with sponsorship.

Revenue & Profitability

How much do online influencer businesses make?

Startup Costs

How much does it cost to start an online influencer business?

  • It can cost as low as $25 to start an online influencer business.
  • It can cost as high as $500,000 to start an online influencer business.

Learn more about the costs of an online influencer business.

Examples Of Successful Online Influencer Businesses

Successful online influencer business businesses and case studies

Discover how Philip Taylor built FinCon from scratch to a 3,000 attendee annual conference and achieved $1.6M in revenue in less than 10 years, by allowing customers to help build the event, fostering a sense of community, expanding offerings, pricing strategically, and surrounding himself with talented people.

$83.3K Monthly Revenue
$25 Startup Costs
Read by 5,816 founders

This case study is about SARAL, a bootstrapped influencer relationship management platform for E-commerce businesses that has over 200 paying brands and works with over 13,000 influencers, offering users everything they need to succeed with influencer marketing.

$50K Monthly Revenue
$25K Startup Costs
Read by 1,591 founders

See full list of successful online influencer businesses.