An influencer budget should balance reach and engagement by allocating resources based on audience alignment and campaign goals. Prioritizing micro and nano influencers often yields cost-effective, authentic connections with niche audiences. HubSpot contributor Kinzal Jalan has published an article featuring a four-point explanation on setting your influencer budget. Jalan says, “According to a 2024 Statista survey: 22.4 percent of marketing agencies and brands invest 10 to 20 percent of their marketing budget into influencer marketing. Interestingly, 26 percent are leaning into it by... [...]