Current Events > I've always loved this article on the value of "influencers"

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pinky0926
02/08/22 10:25:50 AM
#1:


https://articlesofstyle.com/blogs/news/advice-for-fashion-influencers

TL;DR
Say you're an instagram babe with 100k followers and you hit up a women's fashion brand to put up a post wearing their stuff for $1500 or whatever. Good deal for them right? 100k people will see this super hot babe wearing your fashion brand. Think of all the sales.

Actual figures (let's be generous and assume there are no bots in any of this, although we know there definitely are bots):

  • Only 20% of your audience will actually see the post. So the starting number is 20k.
  • Of those 20k people, let's say 95% are really just thirsty dudes here to fap to your pics. So we're down to 5k.
  • Of those 5k people, how many are somewhere the brand ships to, are actually interested in shopping, within the brand's image? We could throw a dart at the wall and say you're left with 1k at best.
  • Of those 1k, how many will click on the website, add an item to their shopping cart and actually buy it? Like...2%, being extremely generous?
  • So 20 people bought a t shirt.
  • Your t-shirts cost $50. You make $20 profit on that. You made $600 on an advertising cost of $1500. Derp.

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ssjevot
02/08/22 10:31:06 AM
#2:


pinky0926 posted...
Of those 20k people, let's say 95% are really just thirsty dudes here to fap to your pics. So we're down to 5k.

Might want to check your work on that.

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SergeantGander
02/08/22 10:32:34 AM
#3:


dangit pinky now everyone loves influencers because of your math error

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Compsognathus
02/08/22 10:34:58 AM
#4:


The company I used to work for went pretty hard for influencer advertising, especially using video game streamers, to advertise their chairs. And like don't get me wrong, I get that some advertising is just about expanding product awareness overall as opposed to straight sales dollars but, like I'd see the contracts we would pay like one of the major streamers, look at the gross profit on the sale of each chair and be like we need to sell 200 chairs just to pay for that one streamer. And we had a lot of different streamers. It just made my accounting ass question a lot of things.

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TommyG663513
02/08/22 10:36:17 AM
#5:


There's a lot of assumptions in the OP that are not universal. Also some awful math.

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pinky0926
02/08/22 10:38:24 AM
#6:


ssjevot posted...
Might want to check your work on that.

lmao you know, as I pressed post I thought "If I don't check my arithmetic CE will ass blast me over this" but then I hit post anyway

Anyway, you get the idea

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Anony1125
02/08/22 10:38:31 AM
#7:


I would get a Walmart face tattoo for a stipend

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MedeaLysistrata
02/08/22 10:38:38 AM
#8:


An Instagram babe can "get it" by definition so they must know trends

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lolife67
02/08/22 10:39:52 AM
#9:


pinky0926 posted...
Of those 20k people, let's say 95% are really just thirsty dudes here to fap to your pics.
Why would it be 95%? Are you just using arbitrary numbers?
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pinky0926
02/08/22 10:40:47 AM
#10:


TommyG663513 posted...
There's a lot of assumptions in the OP that are not universal. Also some awful math.

Awful maths aside (and unsure why you'd argue this point anyway, because the real maths is even less generous), the point is that when someone gives you a soft offer you have to do some back of the envelope maths to see if it's worth it.

Because even being generous about it, the figures are appaling.

I'm being super generous here because my time in digital marketing tells me that you can take so many of these figures and half them to get closer to the true picture.

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pinky0926
02/08/22 10:44:56 AM
#11:


lolife67 posted...
Why would it be 95%? Are you just using arbitrary numbers?

Yes - without having any real data on the demographic you have to some assumptions on the intent of the audience.


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pinky0926
02/08/22 10:45:55 AM
#12:


MedeaLysistrata posted...
An Instagram babe can "get it" by definition so they must know trends

I'll see if I can find it, but there was another article about an influencer who had 2million followers who launched a fashion brand and sold 6 t shirts. There was a big disconnect between what her page was for (hot pics of me) and the intent of what she was trying to create (aspirational fashion).

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MedeaLysistrata
02/08/22 10:47:40 AM
#13:


pinky0926 posted...
I'll see if I can find it, but there was another article about an influencer who had 2million followers who launched a fashion brand and sold 6 t shirts. There was a big disconnect between what her page was for (hot pics of me) and the intent of what she was trying to create (aspirational fashion).
The gimmick: "I do stuff, but get paid for it"

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teep_
02/08/22 10:49:05 AM
#14:


pinky0926 posted...
there was another article about an influencer who had 2million followers who launched a fashion brand and sold 6 t shirts
uff

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lolife67
02/08/22 10:51:54 AM
#15:


pinky0926 posted...
Yes - without having any real data on the demographic you have to some assumptions on the intent of the audience.
So then your point is kinda worthless because it could also be far less than that.
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pinky0926
02/08/22 10:54:37 AM
#16:


lolife67 posted...
So then your point is kinda worthless because it could also be far less than that.

It's not a stretch of the imagination to think that the main demographic for an instagrammer who's main brand offering is nudity is not gonna be people looking for fashion inspiration.

The point stands also since I'm not totally pulling this stuff out of my ass - it's been shown that influencer soft offers like this just don't add up in terms of ROI.

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Gobstoppers12
02/08/22 10:54:51 AM
#17:


I mean... they've been using social media influencers to push product for years, now. If it wasn't generating a profit, I doubt they'd still be doing it so feverishly.

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TommyG663513
02/08/22 10:55:53 AM
#18:


pinky0926 posted...
Awful maths aside (and unsure why you'd argue this point anyway, because the real maths is even less generous), the point is that when someone gives you a soft offer you have to do some back of the envelope maths to see if it's worth it.

Because even being generous about it, the figures are appaling.

I'm being super generous here because my time in digital marketing tells me that you can take so many of these figures and half them to get closer to the true picture.

Your 95% figure is a big assumption itself. It's kind of irrelevant that if your math was correct the numbers would be worse, because it sounds like that number isn't based on any sort of research.

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TommyG663513
02/08/22 10:58:41 AM
#19:


I also want to point out that not all influencers are thirst traps. There is an extremely wide variety of them that advertise a long list of products and services.

My girlfriend follows a couple dozen tiktokers and they influence a lot of various products that she buys. It all depends on exactly what an influencer does.

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lolife67
02/08/22 10:58:43 AM
#20:


Gobstoppers12 posted...
I mean... they've been using social media influencers to push product for years, now. If it wasn't generating a profit, I doubt they'd still be doing it so feverishly.
Exactly my thinking. That's why TC had to use such a ridiculous percentage in their example to make the "point."

pinky0926 posted...
It's not a stretch of the imagination to think that the main demographic for an instagrammer who's main brand offering is nudity is not gonna be people looking for fashion inspiration
Except those aren't the "influencers" they having promote their brands. They aren't going to OF pages with lewds and the like. They are finding attractive young women who wear make-up, give styling tips or do dances. And their fans are very much in the same demographic that will shop at places like Fashion Nova or Express.
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pinky0926
02/08/22 11:00:13 AM
#21:


Gobstoppers12 posted...
I mean... they've been using social media influencers to push product for years, now. If it wasn't generating a profit, I doubt they'd still be doing it so feverishly.

Sometimes it works, sometimes it doesn't. It can work when the audience and brand offering actually line up (for example, say you follow a chef on instagram because he gives good kitchenware product reviews, and the chef advertises some affordable chef's knives).

It doesn't work when the audience and brand offering are at complete odds. Take the same example but the chef starts advertising sun dresses.

The point the article makes is that influencers tend to not sell themselves very well. If you're looking for an advertising channel, google etc. gives you literally all of the big and small data you could hope to ask for to make an informed decision.

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TommyG663513
02/08/22 11:02:58 AM
#22:


pinky0926 posted...
Sometimes it works, sometimes it doesn't. It can work when the audience and brand offering actually line up (for example, say you follow a chef on instagram because he gives good kitchenware product reviews, and the chef advertises some affordable chef's knives).

It doesn't work when the audience and brand offering are at complete odds. Take the same example but the chef starts advertising sun dresses.

The point the article makes is that influencers tend to not sell themselves very well. If you're looking for an advertising channel, google etc. gives you literally all of the big and small data you could hope to ask for to make an informed decision.

This is a much better take than your OP

I completely agree with this

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pinky0926
02/08/22 11:03:03 AM
#23:


TommyG663513 posted...
Your 95% figure is a big assumption itself. It's kind of irrelevant that if your math was correct the numbers would be worse, because it sounds like that number isn't based on any sort of research.

Of course it's an assumption, but the point here is if you're an influencer, you're competing agianst other channels that provide much better offers. You have to make some educated guess work on this stuff. Whether the figure is 75% or 95% it doesn't matter - it's a poor channel to spend your dollars on when there are obviously better ones.

https://www.insider.com/instagrammer-arii-2-million-followers-cannot-sell-36-t-shirts-2019-5

This is all on the original article anyway, I was just throwing some guesstimates anyway.

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pinky0926
02/08/22 11:06:02 AM
#24:


Just some background here, since I didn't give a great example. I used to work in digital marketing as a campaign manager, and like the guy in the original article, I had influencers like this sending me offers daily. I had to weigh up the pros and cons vs other marketing channels to decide if X amount of dollars (in the thousands or tens of thousands usually) was gonna be worth it. From a risk perspective alone, influencers provide few strong arguments most of the time.

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TommyG663513
02/08/22 11:12:37 AM
#25:


pinky0926 posted...
Just some background here, since I didn't give a great example. I used to work in digital marketing as a campaign manager, and like the guy in the original article, I had influencers like this sending me offers daily. I had to weigh up the pros and cons vs other marketing channels to decide if X amount of dollars (in the thousands or tens of thousands usually) was gonna be worth it. From a risk perspective alone, influencers provide few strong arguments most of the time.

It entirely depends on the influencer. No doubt, there are tons of bad influencers and perhaps most are.

I can tell you from personal anecdotes that me and my GF follow various influencers and I know many friends that do as well and they influence our purchases.

Obviously, I know a ton of junk influencers too.

Not gonna pretend that personal anecdotes are strong evidence either, but your OP is also based on assumptions. No one is really bringing hard data to the table here.

Though that article does have some data it sounds like it cherry picked some examples of bad influencers.

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Ruvan22
02/08/22 12:03:22 PM
#26:


I feel that's why so many influences on r/choosingbeggars just ask for free products
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1337toothbrush
02/09/22 10:29:21 PM
#27:


Gobstoppers12 posted...
I mean... they've been using social media influencers to push product for years, now. If it wasn't generating a profit, I doubt they'd still be doing it so feverishly.
Companies do a lot of dumb things for years.

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