An influencer marketing platform is a centralized hub for brands to discover, connect with, hire, and pay influencers for campaigns, streamlining the campaign management process.
Investing in an influencer marketing platform now is opportune.With the current market value at $10.39 billion in 2021 and an expected 33.4% CAGR growth from 2022 to 2030, guaranteeing a stable revenue stream.
To give you a brief idea, the influencer marketing platform development cost can vary between $40,000 to $200,000.
Cost involved?
1. The location of the app development agency,2. The design and coding process3. Quality assurance4. The underlying app platform, etc
FACTORS:
Estimated Average Cost: $40,000 to $60,000Time Frame: 3 to 6 months
SIMPLE
Estimated Average Cost: $60,000 to $100,000Time Frame: 6 to 8 months
MODERATELY COMPLEX
Estimated Average Cost: $100,000 to $200,000Time Frame: 9+months