In 2023, the biggest share of the fashion industry's media impact value (MIV) was held by the media category, with 48.2 percent. The influencer category came second, with 24.6 percent of the total media impact value.
Distribution of media impact value (MIV) of the fashion industry worldwide in 2022 and 2023, by media category
Media Impact Value™ (MIV®*): Allows brands to assign a monetary value to every post, interaction or article to measure its impact and identify contributions to brand performance across Voices, channels and regions. This single measurement standard lets you compare and understand which strategies create the most media impact across print, online and social by reflecting the audience perspective. The methodology is built on more than 15 years of experience, working with and for Fashion, Lifestyle and Beauty (FLB) brands globally, including China. Finely tuned with AI Machine Learning, the algorithm relies on both quantitative and qualitative attributes specific to the FLB industries (including audience engagement, industry relevance, source authority, and content quality) to ensure overall accuracy and relevance when benchmarking in the growing competitive landscape.
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Launchmetrics. (January 26, 2024). Distribution of media impact value (MIV) of the fashion industry worldwide in 2022 and 2023, by media category [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1450435/fashion-industry-category-miv/
Launchmetrics. "Distribution of media impact value (MIV) of the fashion industry worldwide in 2022 and 2023, by media category." Chart. January 26, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1450435/fashion-industry-category-miv/
Launchmetrics. (2024). Distribution of media impact value (MIV) of the fashion industry worldwide in 2022 and 2023, by media category. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1450435/fashion-industry-category-miv/
Launchmetrics. "Distribution of Media Impact Value (Miv) of The Fashion Industry Worldwide in 2022 and 2023, by Media Category." Statista, Statista Inc., 26 Jan 2024, https://www.statista.com/statistics/1450435/fashion-industry-category-miv/
Launchmetrics, Distribution of media impact value (MIV) of the fashion industry worldwide in 2022 and 2023, by media category Statista, https://www.statista.com/statistics/1450435/fashion-industry-category-miv/ (last visited November 22, 2024)
Distribution of media impact value (MIV) of the fashion industry worldwide in 2022 and 2023, by media category [Graph], Launchmetrics, January 26, 2024. [Online]. Available: https://www.statista.com/statistics/1450435/fashion-industry-category-miv/