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The Fight for Influencer Marketing Dollars Heats Up

ShopMy, a four-year-old influencer monetisation platform, has attracted over 50,000 creators, making inroads in a space long ruled by incumbent player LTK. Tensions rose to new heights this week after LTK sued ShopMy for false advertising.
ShopMy co-founders Harry Rein, Tiffany Lopinsky, Chris Tinsley at their New York Fashion week dinner in February.
ShopMy co-founders Harry Rein, Tiffany Lopinsky, Chris Tinsley at their New York Fashion week dinner in February. (Jason Lowrie/BFA.com)

The lucrative business of helping influencers make money off their followings is undergoing its biggest shakeup in a decade, as a new entrant is making inroads with both creators and brands.

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Further Reading

What’s Driving the Influencer Subscription Boom

As social media users tune out ads, content creators are putting more of their content behind a paywall. The hope is they can build a deeper connection with their followers – and make more money, too.

Innovating Influencer Marketing to Drive Growth

In 2022, brands spent more than three times the amount than 10 years prior to acquire each customer through marketing. Jennifer Piña, vice president of strategic partnerships at social commerce platform MagicLinks, shares why influencer marketing remains a powerful investment.

About the author
Diana Pearl
Diana Pearl

Diana Pearl is Senior News and Features Editor at The Business of Fashion. She is based in New York and drives BoF’s marketing and media coverage.

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