Our Innovation Director, Jordan Carroll, has officially reached his two-year milestone at THE FIFTH! To celebrate this special occasion, we sat down with him to reflect on the past two years and gain some insights into his journey.
Congratulations, Jordan, and thank you for all the incredible work you’ve done over the years!
What is your best memory being at THE FIFTH since joining?
I’ve loved the pitch wins in which AI or measurement have played a part. My innovation work at THE FIFTH is much more client-focused than previous roles, and it’s been really gratifying to be involved in the big agency wins and get that buzz again.
What is the best campaign you’ve worked on since joining?
Our social work for Tommee Tippee has been really fun to be involved in. We’ve used Vision AI to help get creative insights about our content at scale, and used a social-search strategy to unlock incremental views. I play a small part, but it’s great to augment our amazing creative, strat and client service teams with innovation that genuinely contributes to improving the work.
What lasting memory from your first day do you have?
I am terrified of heights and The Fifth at the time was on the 10th floor (now the 14th!), so my excitement to be working with a group of such lovely people was being slightly foiled by my existential dread everytime I caught a glimpse of the view.
What is one thing you wish you had known earlier in your career?
Soft skills are just as important as hard skills. The need to have good soft skills is the only thing that will remain a constant whilst your industry changes every 3 seconds!
What was your first ever job?
Cue the cliche klaxon, it was McDonald’s! I used to do a 7am-5pm shift 4 times a week whilst in uni so that helped transition me from a bit of a hapless lazy teenager into a hapless teenager with a bit of work ethic. I still hear the beeps from the kitchen to this day…
Our Creative Director, Candice Green, has officially reached her five-year milestone at THE FIFTH! To celebrate this special occasion, we sat down with her to reflect on the past five years and gain some insights into her journey.
Congratulations, Candy, and thank you for all the incredible work you’ve done over the years!
What is your best memory being at THE FIFTH since joining?
One month in – Flying to LA for 48 hours for a huge client pitch with our CEO and coming home with the win.
What is the best campaign you’ve worked on since joining?
Curaleaf – Painful Conversations, this campaign has seen us explore the gender pain gap on behalf of the brand allowing us to create work that truly empowers women to stand up for their own health and wellbeing. The topic is something I’m incredibly passionate about and the documentary we are currently working on as part of this campaign is genuinely a pleasure to work on.
What lasting memory from your first day do you have?
Being hugged by every member of the team, super start up vibes… maybe a bit creepy. But I loved it.
What is one thing you wish you had known earlier in your career?
Ask for forgiveness not for permission. That’s how the good stuff really gets done.
What was your first ever job?
I worked in a clothing boutique running the shop on Saturdays. I took more in a day, then they did most of the week.
WOW, what an incredible three days we had last month at MAD//FEST!
We kicked off the festival with an insightful talk from our COO Jess Markwood and the talented Jesse Chuku, one of the amazing creators we’ve collaborated with for our campaign with YouTube Shorts.
They discussed ‘Short Wins for Long Gains: Chewkz has dominated YouTube’s new format and you can too.’ It was a fantastic opportunity for attendees to discover the ultimate recipe for success on YouTube Shorts.
The presentation leveraged THE FIFTH’s AI tools to analyse the relationship between Chewkz and his fans, coupled with his deep understanding of the format. Jess and Chewkz delved into the creative ingredients behind his phenomenal success.
It was great to hear such positive feedback on the session, Jess and Chewkz absolutely nailed it! You can now watch their talk on youtube which you can access below..
In an initiative aimed at diversifying the entertainment and advertising industries, global social and influencer marketing agency THE FIFTH joined forces with Big Brothers Big Sisters of Greater Los Angeles (BBBSLA) to introduce high school students to behind-the-scenes careers in these dynamic fields. The inaugural program, which launched last month on the Fox Studio lot, represents a significant step towards addressing the long-standing issue of underrepresentation in creative spaces.
The entertainment industry has long grappled with a lack of diversity, both in front of and behind the camera. This disparity extends to the advertising and marketing sectors, where diverse voices and perspectives are equally crucial in shaping the narratives that influence our culture. Recognizing this gap, THE FIFTH and BBBSLA crafted an immersive experience designed to spark interest and open doors for the next generation of diverse storytellers and marketing professionals.
“We are thrilled to partner with BBBSLA on this impactful program to open doors for the next generation of diverse storytellers and impactful marketing professionals,” says Charles Ifegwu, Managing Director of THE FIFTH, US. “This collaboration aligns perfectly with our mission at THE FIFTH to increase representation within creator and creative circles, and we firmly believe that starts with access and visibility as a youth.”
The program’s structure is carefully designed to provide a comprehensive view of the industry. Participants in the inaugural event, entitled Tours Open Doors, explored the Fox Studio lot, visited active production sets, and connected with influential professionals who call Fox Studios home. This hands-on approach aimed to demystify the industry and make career paths in entertainment and marketing more tangible for students who may not have previously considered these options.
While the entertainment industry has made strides in recent years to increase on-screen representation, the behind-the-scenes workforce often lags in diversity. This discrepancy can lead to a narrow range of perspectives influencing the content that shapes our cultural narratives. By introducing young people to the myriad of roles available in production, marketing, and advertising, THE FIFTH and BBBSLA are taking a grassroots approach to changing the face of media production.
The importance of this initiative extends beyond individual career opportunities. As media continues to play an increasingly significant role in shaping public opinion and cultural norms, the voices behind content creation become ever more critical. By diversifying these voices, we can expect to see a broader range of stories, perspectives, and experiences reflected in our media landscape.
This partnership between THE FIFTH and BBBSLA is not just about career exposure; it’s about mentorship and creating lasting connections. The program aims to pair students with industry professionals who can provide guidance, share experiences, and potentially open doors for future opportunities. This mentorship component is crucial in helping young people navigate an industry that often relies heavily on networking and personal connections.
The impact of such initiatives can be far-reaching. By exposing students to careers they might not have otherwise considered, THE FIFTH and BBBSLA are planting seeds that could grow into a more diverse and representative industry in the years to come. This approach addresses the pipeline problem often cited as a barrier to diversity in creative fields – by inspiring interest early, the program aims to cultivate a new generation of diverse talent ready to enter the industry.
Moreover, this partnership sets an example for other companies in the entertainment and marketing sectors. It demonstrates a proactive approach to addressing diversity issues, moving beyond mere acknowledgment to taking concrete action. As other organizations observe the potential long-term benefits of such programs, we may see similar initiatives sprout across the industry.
The choice of the Fox Studio lot as the venue for this program is significant. As one of the most recognizable names in entertainment, Fox’s involvement lends credibility to the initiative and provides students with a glimpse into the heart of the industry. This setting not only inspires but also reinforces the message that these career paths are attainable for students from all backgrounds.
As we look to the future, programs like this partnership between THE FIFTH and BBBSLA represent hope for a more inclusive and representative media landscape. By opening doors and providing mentorship, they are laying the groundwork for a transformation in the industry. The true measure of success will be seen in the years to come, as these students potentially enter the workforce and bring their unique perspectives to bear on the content that shapes our culture.
In an industry where change often comes slowly, grassroots efforts like this are vital. They remind us that diversifying the entertainment and advertising industries is not just about meeting quotas or ticking boxes – it’s about enriching our collective narrative, broadening our cultural understanding, and creating media that truly reflects the diverse world we live in.
The success of this partnership could pave the way for similar initiatives across the country, potentially reshaping the future of entertainment and advertising from the ground up. In the words of THE FIFTH’s Charles Ifegwu, this is just the beginning of a journey to “increase representation within creator and creative circles.” It’s a journey that promises to change not just individual lives, but the very fabric of our culture.
Yesterday, the free streaming platform, UKTV Play, rebranded to U, and we’re delighted to have been part of the journey.
Needing to drive mass awareness of U’s new brand in a crowded streaming space, our campaign is all about showing up on social media in the moments our audience are searching ‘what to watch’, responding with U’s huge range of content and personalised suggestions, and helping our audience find exactly what suits them.
Produced alongside our in-house production agency, Studio 5, the campaign will see 22 pieces of content go live across TikTok and Meta throughout July. Featuring award winning megastar Louise Boyce as our recommender-in-chief, scroll-stopping cameos from other top creators, and more viewing recommendations from TikTok’s top-searched TV creators, this campaign will leave you in no doubt that U has something for you to sink your teeth into.
“Bringing ‘#WeGotU’ to life through talent-first social content, we are revolutionising how our audience discovers what to watch. Strategically leveraging top-ranking TV influencers and key search terms, we are answering cries for perfect show recommendations and showing our audience the best place to watch them. We recruited our influencers to stop the scroll with playful content offering curated suggestions for every craving. From Vox-Pop style street recommendations through to reactive show suggestions, we’ll showcase the incredible variety of free shows available on the U platform, proving that ‘#WeGotU’ is more than a tagline—it’s U’s unwavering commitment to their audience’s entertainment satisfaction.”Candice Green – Creative Director.
The rebrand sees a fully integrated campaign from The Fifth, Havas, Taylor Herring PR and U’s internal marketing teams; the biggest and most important marketing campaign in UKTV’s history. With word of mouth being a key drive in U’s launch strategy, we knew that we had to go BIG with our social and influencer campaign – especially when the TV advert features the one and only Cher.
Inadvertent Gatekeeping: A Modern Challenge For Whiskey Brands
By Jordan Carroll and Rob Stevenson
Thursday 13th of June, 2023
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How Do You Solve A Problem Like Gatekeeping?
Inadvertent gatekeeping is the biggest challenge whiskey brands face as they forge a path to faster growth. The fanatical community that orbits around whiskey is essential in driving loyalty, with these consumers collectively celebrating the craft, experience, history, and heritage of the drink. Inadvertently, this knowledge gap intimidates those new to the category, limiting new customer acquisition.
Existing research by William Grant & Sons points to the fact that drinkers believe single malts are “too complex with intimidating choice and language,” with higher price points making trials too risky for shoppers new to the category. For the most part, UGC and owned brand content on social media leans into this language heavily, satisfying its loyal cohort of whiskey lovers, whilst creating a sense of ‘insiderdom’. The knock-on effect is clear, as whiskey is the slowest growing category in both the US and UK spirits market when forecasting from 2024 to 2029 (Statista).
Overall, a more delicate balance is required in the marketing of whiskey brands, between sharing ‘whiskeylore’ – what we’re referring to as the body of knowledge passed between whiskey drinkers – and trying to bring new customers into market through other means.
‘Whiskeylore’ and Outsider Interests: It’s A Fine Balance
To understand the extent to which whiskey brands are aiming to reference wider consumer interests, simplify language, and connect with new communities to overcome this challenge, we used THE FIFTH’s proprietary AI creative insights platform, to zone in on the topics and language present in their Instagram content in 2024. In this research, we found that 84% of whiskey brands made no interest-based references outside of ‘whiskeylore’, with content revolving around lexically dense, technical language that is proven to be intimidating to those outside of the community.
When looking at terms such as ‘distillery’, ‘malt’, ‘cask’, ‘notes’, ‘oak’, ‘finish’, and ‘peaty’, we used TF-IDF scores which measure the frequency and importance of these terms across their Instagram captions. We found that these terms have 82% higher TF-IDF score in the captions of brands that do not reference outsider interests in their content. These brands also have 80% lower lexical diversity, meaning they use these terms often, prominently, and with little variety. Not only do these brands avoid referencing outside interests, they also fixate on these insider-based terms to an extremely high degree to satisfy their loyal cohort of insiders.
When we used our AI to zone in on the whiskey brands who are using wider consumer interests in their marketing, we saw a much healthier balance of retention and attraction in their language. For every one direct reference to ‘whiskeylore’, there were 0.73 references to consumer interests across classic cars, British, US, and Colombian rap music; Formula 1, The Met Gala, Chinese New Year, local artists, prominent architects, International Women’s Day, Rave Culture, and Music Festivals, to name a few of many.
By creating a more well-rounded brand with touch-points across wider consumer interests, these brands have been able to capture a 29% share of engagement among owned whiskey Instagram channels, despite only comprising of 16% of brands in our sample. Notably, the audience composition of these brands is also much younger, with 22% more Gen Z consumers that follow these brands and 15% more Millennials. Clearly, brands can retain the attention of these consumers once their interests are piqued, future-proofing their brands with new generations. Naturally, there is still a higher degree of ‘whiskeylore’ in their content, which then educates new consumers and invites them into the community, breaking down the gates which kept them out.
To understand more deeply how whiskey brands are connecting with new communities creatively, we used our AI tool to analyse all Instagram Reels content from our sample in the past 12 months. In this research, we have identified three key rules which are repeatedly proven to have a strong positive correlation with heightened social media engagement. These rules are as follows:
Rule one: Language is not just words! Lean authentically into iconography.
All communities and consumer passions have codes, traditions, and language which require a level of knowledge to be understood. Those with insider knowledge find joy and validation in connecting with others in the community who share the same level of curiosity and passion, and the same can be said for brands that do this in an authentic way. Of course, visual language is just as important as verbal language in community lore, which is why we found through our AI that content including iconography related to wider consumer interests receives 3.54% engagement rate. This is a +1.62pp higher engagement rate than the content posted by the same sample of brands that did not include iconography, despite in some instances referencing these interests and passions by other means. The best example of this is Ballantine’s and how they have been able to authentically engage Hip-Hop fans by embracing and championing its most iconic emblem.
Through collaborating with producer and rapper of the iconic Hip-Hop group Wu-Tang Clan across a series of drop-culture style product collaborations, the iconography associated with RZA and Wu-Tang Clan were added to a Crosley LP player in drop 1, a Neighborhood streetwear collection in drop 2, a Flying Goose sriracha sauce in drop 3, and a limited edition Ballantine’s bottle in drop 4. As a means to bring through audiences that are new to whiskey and start them on their ‘whiskeylore’ education, RZA was also documented visiting Ballantine’s distillery, immersing himself in the craft of the product which is so important to the fanatics. This authentic partnership has delivered Ballantine’s its highest ever engaged content on Instagram at a 62.4x lift vs their account median, whilst content including or mentioning RZA on average has a 5.17x engagement lift on their all-time median performance.
Rule two: Authenticity is everything! Platform real people, to tell real stories, in real settings.
When trying to connect with consumers through their passions and interests, the only way to do this authentically is through people and place. By showcasing the locations that inspire those interests and working with the people at the heart of those passions, you ensure that audiences identify shared frames of reference, creating kinship and affinity. Through our AI platform, we found that content that signals to consumer interests through incorporating authentic people and places achieve 1.93% engagement rate, +0.65PP higher than posts from brands with no references to outsider interests at all.
A brand leading the charge in this space is Monkey Shoulder who use music in their social marketing to champion local communities. The brand is collaborating with Worldwide FM to support the trailblazing communities where people connect, create and discover music, by awarding £10,000 each to five communities around the world to help bring to life an original project. As DJ and broadcaster Giles Peterson narrates detailing the project, we see clips from people dancing at festivals, nightclubs, concert venues in the UK, Nigeria, India, Miami and Taiwan.
The global initiative has people and place touch-points in every second of the video, which is why it achieves 96.56% positive sentiment and a significant 1.93x engagement lift on their median performance. This red thread is seen throughout their social content in 2024, such as when they filmed Hip-Hop DJ JFB creating a Monkey Jam Sour on his turntable, using record scratches and vocal samples to tell users how to make the cocktail. Another example is when the brand attended Amsterdam Dance Event, interviewing DJ Prime Cuts whilst he performs atop a crane, and following up by posting mixes from the festival on the brand’s Mixcloud.
Rule three: Blend ‘Whiskeylore’ With Outside Interests
One of the easiest and most effective way to strike a balance between attraction and retention is to clash these strategies together, by blending ‘whiskeylore’ with references to interests outside of ‘whiskeylore’. This approach helps preserve the codes and norms of ‘whiskeylore’ whilst folding in high affinity interests and educating new consumers at the same time. Our AI tool found that brands that blend attraction and retention in this way achieve a 4.52% engagement rate, a significant +3.42PP higher than content from whiskey brands who just focus on ‘whiskeylore’ in silo.
The best example of this comes Talisker who platformed artist, adventurer, conservationist and content creator Katie Tunn to tell her story about Skye, the place she lives, as well as the place the whiskey is distilled. In the content, she talks about how Skye is the ultimate inspiration for her works, as the docustyle interview shows Katie immersing herself in the sea and skyscapes as part of her process, before creating a label inspired by Skye for a new limited edition label for Talisker Skye, one of their best loved whiskeys inspired by the same place. This content achieved a 1.73x engagement lift compared to the brand’s median performance and is their best performing post of 2024.
LAUNCHING STUDIO 5, OUR FULL-SERVICE CREATIVE PRODUCTION STUDIO
Wednesday, 12th of June, 2024
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The new division was formed after we brought the celebrated creative production and artist representation agency Studio PI into our portfolio late last year.
Studio 5 will offer a comprehensive suite of visual production services spanning live-action video, photography, animation, illustration, graphic design and experiential production.
Rooted in Studio PI’s commitment to inclusion and representation, Studio 5 centres around a set of core commitments, including the discovery and platforming of new diverse talent, inclusive crew sourcing, an empathy-led shoot culture, the creation of professional pathways for underrepresented creatives, and upskilling initiatives.
“At THE FIFTH, we’ve always been committed to engaging diverse creators and promoting inclusion in the influencer marketing space,” said Oliver Lewis, CEO of THE FIFTH. “With the launch of Studio 5, we’re doubling down on that mission and bringing industry-leading creative production capability in-house. Studio 5’s resources will allow us to create even more culturally impactful content for our clients.”
Darren Sital-Singh, Managing Director of Studio 5, previously of Studio PI, added: “I’m thrilled to integrate our production capabilities into THE FIFTH as we formally launch Studio 5. Together, we’ll combine our passion for inclusivity with best-in-class creative execution to deliver genuine, narrative-driven branded content that moves audiences.”
The 2024 Hollywood Diversity Report revealed that only 22.9% of film directors identify as a person of color and less than 10 percent of creatives in the UK are from a working class background. While the UK’s creative economy generates more than £12 million per hour, the value is captured by a minority. A small homogenous group captures a disproportionate percentage of senior creative roles. The lack of representation has created a gap in the industry. Without lived experience behind the camera, brands struggle to tell resonant stories with niche audiences.
“There’s a huge opportunity for brands to better connect with diverse audiences by embracing authentic voices and perspectives in their marketing,” said Lewis. “Studio 5’s representation-first approach to production will allow us to craft culturally attuned campaigns that drive real brand affinity.”
The Studio 5 launch expands our end-to-end influencer and social marketing capabilities, which span influencer partnerships, social strategy, creative, campaign execution, paid media, measurement and innovation.
WITH THE HASHTAG GAINING OVER 200 BILLION VIEWS ON TIKTOK, HOW IS BOOKTOK INFLUENCING HOLLYWOOD?
By Jack Redmayne
Friday, 17th of May 2024
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Since the early days of Hollywood, film makers and financiers have sought after one thing above anything else, a guaranteed audience. Across the decades this desire has resulted in a plethora of different strategies such as casting popular actors or producing films within the most favoured genres. As of 2020, Hollywood’s strategists have turned their sights to the social media phenomenon, BookTok.
TheBookTok hashtag started to gain popularity during the 2020 Covid-19 Lockdown. This growth has certainly not plateaued, with the community now having over 200 Billion views on TikTok gaining recognition from media outlets and major publishing companies. Penguin Random House has even developed a built-in knowledge assistance tool to make the vast community even more interactive and informative. The trend has provided lesser-known and self-published authors with an unprecedented platform which has resulted in some miraculous success stories. The most notable example of the platform’s unsuspecting influence is Colleen Hoover, otherwise known as The Queen of BookTok. It is fair to say that when Colleen Hoover published her debut novel Slammed in 2013, she was far from a success. However, in 2021 Hoover experienced a colossal surge resulting in her book It Ends With Us achieving #1 on The New York Times Best Sellers List.
How does this influence Hollywood?
BookTok began as a place for people to recommend books to viewers. However, in the last few years it has become a hub for book-to-screen adaptation content with thousands of TikTokers taking their favourite books and creating theirdream casts for when they are ‘inevitably’ adapted.
Hollywood has finally got what they wanted, a guaranteed audience. Over the last year, numerous flagship titles of production companies have come from BookTok, such as ‘Red, White & Royal Blue’ and ‘Conversations With Friends’.
This is a seminal moment for the consumers of television and film. Previously, the decision making power stayed firmly inside the executives office, but now it seems as if their metaphorical door is wide open and ready for suggestions. No longer do you have to sit and wait patiently for your prayers to be answered and your favourite book to be adapted. BookTok has a seat at the table.
Overall, BookTok’s influence on Hollywood reflects the evolving relationship between social media, popular culture, and the entertainment industry. As platforms like TikTok continue to shape consumer tastes and preferences, they are also reshaping the way books are discovered, promoted, and adapted for the screen. By tapping into the cultural zeitgeist and amplifying diverse voices, BookTok has the potential to influence the types of stories that are told and celebrated in mainstream media.
TOMMEE TIPPEE APPOINTS SOCIAL CREATIVE AGENCY, THE FIFTH.
Tommee Tippee, the brand whose innovative designs make caring for babies easier, simpler, and more instinctive, have chosen THE FIFTH as their social creative agency to create social content for their platforms.
Tuesday, 14th of May, 2024
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The appointment comes as Tommee Tippee looks to be the ultimate parent care brand, liberating parents’ intuition through empathetic design and being renowned as a ‘cultural powerhouse’ in the parent care space.
Ensuring Tommee Tippee’s social channels are a place where parents can find answers, support, and connect with others, The Fifth will work closely with the brand across both their UK & US social presence to be there for the parents! With real parents as the heart and soul of their channels, instilling confidence and empowering them to trust their intuition, supported by the smart design of Tommee Tippee products.
Oliver Lewis, founder and CEO of THE FIFTH said of the appointment,“We’re thrilled to have been appointed as Tommee Tippee’s social creative agency; we’ll work with them to apply our expertise of cultural understanding within social and influencer marketing. We can’t wait to help their next stage of growth in becoming the go-to brand for millennial and Gen Z parents.”
Candice Green, Creative Director, added: “It’s incredibly exciting to be working with a brand who understands the importance of using TikTok creatively to become a cultural powerhouse. We can’t wait to start our work together, applying our unique approach to creating influential content to seamlessly integrate Tommee Tippee into the first hand experiences of their audience.”
Nicola Wallace, Head of Global Brand Communications at Mayborn Group Limited
“Tommee Tippee has chosen The Fifth due to their unique ability to harness the power of both creativity and social search behaviour. This ensures that our social content not only captivates our audience by directly responding to them but also drives meaningful engagement, maximising our brand visibility and impact across platforms.”
At TikTok’s 2024 UK ‘For You Summit’, the platform’s agenda was heard loud and clear: “entertainment drives impact.” Research was cited by TikTok’s Head of Measurement that proves their position: “entertaining ads on TikTok are re-watched at almost double the rate than on any other channel.” Meanwhile, entertainment was also positioned as the driving force of social commerce “when communities share highly entertaining content, it increases recommendation by 17%.” They also have a buzzword for this approach: ‘Shoppertainment’. It’s all very compelling stuff, isn’t it?
However, across three key metrics - growth, volume, and active usership - it looks like entertainment isn’t driving the impact that TikTok itself is striving for. According to mobile analytics specialists Sensor Tower, in the fourth quarter of 2023 globally, TikTok's YoY DAU growth (daily active users) was 0%, whilst YouTube grew 7%, Instagram 8%, and Snapchat 11%. Instagram’s monthly active users also rose 13 million in the final quarter of 2023, whilst TikTok’s declined 12 million. Instagram also outpaced TikTok on downloads in the calendar year of 2023 by a substantial 16%.
Roll forward to 2024, and honing in on the USA, daily app usage has been down for TikTok in January and February by another 1.4%, totalling a fall of 9.5% since November 2022. Worth noting is the fact that Instagram is also down 4.4% during the same period, but 5.1% less than its counterpart. With social app usage down across the board in the US, TikTok is the app with the second sharpest decline in daily usage after X / Twitter, and has had a 8.9% steeper decline than Facebook. Yes, you read that right. Facebook.
A litany of reasons have been claimed as the cause for this recent decline in growth. The congressional hearing and potential impending ban in the USA is, of course, a pretty big fly in the soup. But would that stop you viewing content on the platform in the here and now? Maybe Instagram’s improvement of Reels has stopped users jumping ship and downloading TikTok? But that doesn’t explain why TikTok’s monthly active users declined. Analysts have been most confident in saying that the ageing of TikTok’s user base may be a leading reason for this recent decline in growth. Are its diehard cohort of Gen Z users finding they have less time for the FYP now they are entering the working world?
The data tells a different story. According to The FT, users spent an average of 95 minutes per day on TikTok in the fourth quarter of 2023, compared with 62 minutes on Instagram, and 19 minutes on Snapchat. That’s clearly a big win for TikTok in the attention battle - those that use the app, use it in a big way. But it doesn’t explain why a lesser volume of people are downloading and using the app overall. There’s something else at play here, and we think it has something to do with how brands and creators are responding to TikTok’s push for entertainment.
Let us first start with an irrefutable truth: TikTok’s encouragement of entertainment and culture has most certainly birthed a new wave of trailblazing brands and creators that are culture-defining. They have completely reimagined the way that you should show up in digital spaces. Those brands and creators “get it.” But for the rest of the chasing pack, rather than finding their own way of “getting it,” they simply copy, producing a wave of second hand sameness that has flattened their own distinctiveness and made everything about them largely unmemorable.
What am I referring to specifically? Open the app and see for yourself. Creators talk with a TikTok voice - a rising intonation that makes every sentence sound like a question. Trending audio is seen as the be all and end all, meaning only a handful of tracks are ever in wide circulation. The platform actively rewards users who post trend-centric content, meaning that to participate and win on the platform, it is widely accepted that you need to actively pursue sameness and respond to what is already happening. Where’s all of the individuality gone? It’s perhaps best summed up by this barb of a Tweet/X, posted last year by RGA: “there is one universal, legal dept approved, sanded-down style of humor that so many brands have latched on to. One voice applied to the same memes, using the same vocabulary. The Funny Brand Voice.”
Not only is this lack of distinctiveness harming your brand, clearly, via the data shared before, it’s also turning off audiences from once-loved algorithms, and the knock-on effect of this is clear. In a pursuit to be more intentional, individualistic, and find meaningful ways of spending their time, TikTok users are documenting their newfound love for the concept of life-crafting. Life-crafting is an intentional mindset and practice, which people use to design their life in a way that aligns with their values, passions, and goals. It’s a direct response to life that is lived through an algorithm, by being more purposeful in your choices and actions, checking out of the digital dopamine dilemma, and exploring your individuality at a deeper level. Astrology and spirituality, neurodivergence, hedonism, heritage, mindful travel, or health and fitness: these crafts are discovered on social, and then taken off social to explore further and find deeper meaning.
Clearly, life-crafting is a symptom of the problem. And the problem is this: people want more than spoonful after spoonful of the same entertainment. The fact TikTok’s search functionality has grown in favourability shows that users are searching out for more meaning, as the algorithm itself is not able to satisfy their yearning for depth and difference. Nor does a platform’s engagement mechanics - like, comment, view, and share - provide anything more than the ability to tell the platform you want to see more of a specific style of content.
So, what’s the solution? For brands on social media, there is a need to push back against total trend-led conformity, by leaning into more distinctive ways of engaging with audiences. To be distinctive, brands need to tap into different ways of involving audiences in the entertainment and use more novel means. Distinctiveness is key: but how do you be distinctive, in platforms that encourage sameness?
What life-crafting tells us is that consumers want to be less passively consuming things that are served to them, and more actively involved in the things they are seeking out. This doesn’t mean brands should have less fun as a result: it’s more about recognising that entertainment is a two-way street. Audiences want to get involved in the entertainment as much as they want to consume it, and we only need to look at gaming, as the harbinger for the entertainment space, to see that this is true.
Gaming’s influence on entertainment is there for all to see. The biggest streaming titles are based on games, or eventually, become games. SVOD platforms are bringing gaming within their apps. Video games even generate more revenue than the music and movie industry combined. And video game success is due the fact it mandates you to enter the new world it creates, allowing you to lose yourself in the moment through the cognitive demands it sets. All of this leads to longer session lengths, whilst the sense of jeopardy in winning or losing leads to heightened levels of attention, emotion, novelty, and resultantly, favourability and memorability.
But this isn’t a call to arms for gaming. Rather, it’s a call to arms to embrace the essence of gaming, which is playfulness, and how brands can be playful in their marketing. By being more playful, brands can turn their approach to entertainment from a one-way broadcast into a two-way interaction. In being playful, brands deliver on their need to be entertaining, but do so by inviting users to go beyond, making the viewer a co-creator, a participant, or a challenger.
This can be done in a multitude of ways, and our Innovation team below will each point to a trend in how brands are being more playful with audiences, in order to break away from sameness and interact with audiences in a distinctive way.
It’s impossible to ignore the influence of remix culture when thinking of playfulness in the digital age. Especially as a musician! Before Web 2.0, content creation was a one-way street. The industry made the content, and the rest of us were passive consumers. But as soon as we were given the platform and the toolkit to create and share, we saw an explosion in remix culture, found in mash ups, memes, bootlegging, fancams, modding, 3D printing, and UGC. Fandoms expressed their brand love through their own creative interpretations of what the brands, artists, and IP holders meant to them. Fast forward to 2024, and you will see that most of the content we consume on social media has been remixed in some way or another.
It’s taken brands a long time to warm up to this change. There’s been a resistance, despite the fact that remix culture is where a lot of brand love exists. Brand managers are anxious about handing their IP over to the masses and encouraging playfulness. Recently however, we’ve been slowly edging towards remix culture as a macro-trend. Brand-to-brand collaborations have been heavily leveraged to drive cross-cultural appeal and brand ubiquity. Creators have also been made Product Developers or Creative Directors to reimagine who or what the brand is.
These are, of course, heavily controlled acts of playfulness, managed by the brand, which don’t endorse the audience to get involved. But the final barrier to fan co-creation has recently been overcome, thanks to Artificial Intelligence (AI). Brands have begun leveraging the capabilities of AI, bolstering fans with creative tools that allow them to foster a sense of ownership and freedom. They are able to portray a reflection of themselves intertwined with the brand identity. Most importantly, AI allows this to be done in a way that is brand safe (with the right controls).
For instance, Burger King’s 'Million Dollar Whopper' campaign invites customers to use their Generative AI toolkit to remix their famous Whopper and craft a new version of the burger in their own vision. Text prompts are used to assemble a burger with ingredients from the wildest corners of their imagination, with a shareable asset generated encouraging others to remix their own. As is par for the course with playful brand activity, there’s a ginormous prize: the winning entrant earns a ‘whopping’ $1m and will have their creation made available at select Burger King restaurants. Burger King's timeless 'Have it Your Way' mantra has been around since 1973. Now, with AI, the brand is bringing that ethos into 2024, offering a playful experience that resonates with contemporary consumers.
Similarly, Coca-Cola too have deployed AI for personalised consumer interactions, immersing them in a futuristic re-imagined world tailored to their preferences and surroundings. The Coca-Cola AI Lens allowed consumers to use the camera on a mobile device to take or upload a photo of your surroundings. Using AI technology, the Y3000 AI Lens will create a new image with a “futuristic” version of your location.
Staying with food, the Avocados From Mexico (AFM) company identified that an estimated 250 million pounds of avocados would be consumed during the Super Bowl LVIII. Leading with this great insight, AFM unveiled a multimodal AI tool called the GuacAImole, which uses image recognition, text, and image generation to create personalised guacamole recipes from the contents of your fridge, making avocados go further than just a dip, and helping the environmentally aware consumer tackle any potential wastage and upping their culinary skills.
We’ve seen so much brand advertising that harangues AI in creativity and its perceived absence of humanity. Ironically, we’re actually seeing that with co-creation and remix culture, AI allows the most important humans to the brand - the fans - to get involved more than ever before. There’s a lot of humanity in being playful.
When we think of life-crafting, one craft I am seeing distinctive brands chase in a big way is Active Social. By Active Social, we mean social media activity that encourages active participation and physical proactivity. The call to action is exactly that - the content asks you to get you on your feet and move. It works for consumers because in health and fitness spaces, there’s a natural inclination to step out of algorithms and into the outer world to be productive and to support others. And it works for brands as they are able to build mental availability whilst consumers are going through meaningful change - whether mental or physical - and challenging themselves to be better, creating positive emotional associations with the brands.
For example, Chipotle partnered with Strava to create custom routes and challenge runners to complete segments that end at Chipotle restaurants. The individual that completed each segment the most in each city would receive free Chipotle for a year. The brand even collaborated with a Strava artist to produce their chilli logo as a route-map, imprinting the brand’s iconic image into the app for the most native of integrations. With Strava providing brands with the opportunity to engage audiences beyond likes, comments, views or shares, there’s a novelty and participation baked into interaction on Strava which makes it highly memorable.
On a similar plain, running brand Saucony discovered that the average person scrolls 78 miles per year - the length of three marathons - and turned this insight into a social challenge. They encouraged brand fans to stop doom-scrolling and take part in its “Marathumb Challenge”. Using screen time metrics to actively compare scrolling distance to stepping distance; if the participant moves farther than they scroll, they have the chance to redeem Saucony-branded merchandise. Using life-crafting messaging within the actual campaign is a surefire way to appeal to those consumers who are becoming apathetic to the endless stream of entertainment and wanting something more playful.
It’s not all about working up a sweat, either. Britvic launched The Robinsons Big Fruit Hunt, a geolocation-based digital treasure hunt powered by augmented reality, to encourage parents and their young children to go outside and find virtual fruit placed in parks and other public green spaces located near them. Collecting fruit leads to the chance to win prizes such as family activity packs and special activity days out.
Instead of treading the same trend-led path that other brands are, these three brands recognise that people want to feel, do, and see something different to break out of algorithmic mundanity. People want to get outside, touch grass and feel challenged, so why not create something native, distinctive, and genuinely engaging for when consumers are in this moment?
Building on Jordan’s example with Britvic, one trend (but to be clear; distinct from the short-lived viral TikTok aesthetic type of trends) we’re seeing crop up again and again recently is treasure hunts! Whether digital, or out there in the physical world. Treasure hunts sound like a remnant of the past. Kids parties, perhaps how people had low-cost fun in the 70s and 80? However, they’re worth a closer look as a 2024 marketing strategy. There are several reasons that point to their return, but two specifically are worth mentioning.
Firstly, the tech. Augmented Reality has been around for years and Pokemon Go was an immensely popular IRL application that involved hunting down and collecting characters…. sounds a lot like a treasure hunt! Yet, we haven’t seen other versions of this that have lived outside of nerdy interest groups. We’ve also seen the rise of VR (Virtual Reality) and FOOH (Fake Out Of Home) too, which is another signal of the convergence of IRL and digital worlds. The technology is constantly improving, meaning users and brands are finding that the barrier to entry is much lower. Executions no longer have to involve building a custom game, or creating a bespoke microsite. Mixed reality can be achieved within social apps and Instagram is reportedly working on a Friends Map feature, similar to Snapchat, in which users can view friends' locations on a map and leave location-based notes for friends to pick up.
Secondly, gaming. Everyone knows gaming is a huge part of culture. And casual gaming is massively popular with people that don’t fit the stereotype. Many games, including those on Fortnite and Roblox, Minecraft, Animal Crossing and more, are centered around maps. Users explore islands, picking up items to build with, trade, and grow strong! In essence, the steps, objectives and the appeal with treasure hunts are the same. The mechanic is different, however, this presents an opportunity to tap into the same playful mindset but with different audiences away from traditional gaming environments.
Several brands have ventured into treasure hunt territory recently. Mondelez-owned Cadbury’s Worlwide Hide Easter Egg Hunt 2024 is being widely promoted across media, with OOH spots. Users can gift someone they know a virtual egg, by hiding it in a meaningful location on a digital map - leaving cryptic clues to lead them there. This taps into emotions, while bridging digital and IRL worlds. The easter egg hunt is free to use, requiring an email address, although Cadbury’s has also integrated buying an egg into a journey for those that want to.
Diageo rum brand Captain Morgan is maximising its partnership with the NFL through its season-long ‘Follow the Captain” activation. The campaign features music artists such as Action Bronson and Bebe Rexhe in social and TV spots. Fans are encouraged to pay extra attention to the brand’s advertisements across the season, as any one of them could contain a clue or hidden QR code. Prizes on offer include intimate performances from the featured artists and a trip to the Super Bowl.
In November, EE launched an immersive campaign that blurred the lines between the physical and digital realms, offering gamers a unique and playful experience. Across 13 real-world locations, players were challenged to discover physical game chests containing gear worth up to £1k. Simultaneously, Twitch streamers played the game, providing hints about chest locations and passwords to unlock them, and could win digital prize chests. Leeds city centre was then recreated digitally, with avatars navigating the city in-game, undertaking tasks like collecting coins and assembling a map, which were used to reveal the chest locations. The campaign included a hero video, shot in Leeds city centre, incorporating a cosplay flash-mob of Live Action Role Play characters (LARPs).
And, as part of its investment in niche fandoms (they recently hired Taylor Swift, Acid House, Crocs and Pokemon curators), the V&A Museum initiated a treasure hunt across the UK, to bring awareness to its collection of artefacts. The museum worked with creators to produce miniature objects that would be hidden around the country, and left clues for fandoms to find them, including on Twitch and across social media.
It doesn’t always have to be a large-scale activation. McDonald’s hid breakfast wraps in their social posts, encouraging followers to hunt them out and comment where they were in order to get their hands on free breakfast wraps via the app. A very simple execution, and a great way to capture more engaged time, which helps consolidate memory and brand recall (not that McDonald’s are short on that!).
Treasure hunts aren’t for every brand or every person, but, as exemplified by these brand activations, they will appeal to niche fandoms who are brand advocates, offering them something unique and exclusive that enables them to connect on a deeper level. This is particularly appealing if the prizes on offer are sought after (think exclusive event invites, products) or food - everybody wants free food. Ultimately, the advantage of treasure hunts is in the innate way they are optimised for attention. Users have to think, consider options, unpick clues, often discuss with other people in the community. All this occurs under the facilitation of and time spent with the brand. The brand story can be woven in to the clues, destinations, aesthetic of the content, meaning that brands are creating their own moments, while developing meaningful connections with their community over time.
Quizzes are another fun and playful way for brands to capture sustained attention from consumers. Alcohol brands such as Staropramen (Molson Coors) and Jameson’s Whiskey (Pernod Ricard) utilise website quizzes to guide their followers to become experts in their product, food pairings as well as, in the case of Staropramen, the city of Prague; the home of the brand.
Quizzes go beyond entertainment, offering a way for brands to reward brand fans while educating consumers on the periphery. They act as a barrier to entry to the inner circle. In many respects this is actually a positive thing, providing distinction and a way to reward the biggest fans who are willing to go the extra mile.
The most extreme example of this is the Chinese streaming site BiliBili. Sitting somewhere in the juncture between YouTube and Letterboxd, but for Anime, the site has a 2 hour long, 100 question exam (!) which anyone wishing to be part of the community must take in order to gain entry. According to the company’s Chairman and CEO Chen Rui, it might be the world’s most-taken test. Crucially, the retention rate once this obstacle has been passed is incredibly high while the vibe within the community is positive and safe.
Beavertown Brewery (Heineken) created a cipher, which had to be deciphered as part of its Halloween campaign which centered around UFO sightings. They worked with a ‘sand designer’ to place ‘crop circle’ on a Welsh beach, containing symbols and codes.
Less extreme, Mastercard’s current campaign “Pass to Priceless” merges the excitement of a quiz with the social buzz of interactive participation, with users taking part in engaging social challenges. The quiz takes place across the knock-out rounds of the Champions League, incentivising repeat visits to interact with the brand. With each correct answer and social interaction, players accumulate points and progress to the next round, enhancing their chances to secure tickets to the UEFA Champions League Final.
Giveaway culture has too often been utilised as a race to the bottom for mass engagement and followers, offering no barriers to entry to compete in the giveaway, which in turn attracts the wrong type of audiences to your brand. Barriers to entry in quizzes like the above are a positive thing, as it allows the brand to be playful and reward the customers who are true fans and want to interact with you in a deeper and more meaningful way. After all, would you rather have 10,000 participants who were there for free stuff and will never buy your product, or 1,000 participants who are willing to quiz themselves on how much they love your brand?
Platforms, brands and media have all contributed towards the creation of a one rule playbook - be entertaining - since the turn of COVID-19. And whilst what’s considered entertainment is completely subjective, the homogenisation of entertainment as a one-way broadcast and trend-participation has led to the sameness which is now causing a change in what consumers are seeking out. By solely participating in trends and attempting to make your brand a part of a moment that is not yours, you will struggle to let audiences know what you stand for. The playbook needs to be reimagined so that more brands can win.
In making your own moment, born from social, that encourages playfulness, you are able to break through the noise and communicate what your brand is about, without needing to connect it to a trend which is ultimately winning out in the messaging hierarchy. Trends and entertainment are not the be all and end all: there are different ways to play the game.
How Social Turned the Stanley Cup into an Influencer Icon
STANLEY SALES HAVE BLOWN UP TO £750M. HOW DID WE GET HERE?
By Chiara Yeomans and Bella Hales
Wednesday, 31st of January 2024
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“Wisteria, Orchid, Lilac, Cloud, Tiger-Lily…” @doesnttiktok kicks off. But this isn’t your typical baby name brainstorm; instead, this TikToker is actually naming all 120+ of her beloved Stanley Quenchers. Holli Silva is just one of the hundreds of women all over the globe proudly documenting their ever-expanding Stanley collections, and the craze doesn’t seem to be dying down anytime soon. Just recently, a viral clip showing customers fighting to claim their very own exclusive Valentine’s Day Stanley Cup took over our TikTok FYP, sparking a whole conversation about consumerism and the sway of influencer marketing in the social media realm.
But it didn’t start off so cute. Back in 2016, the Stanley 40oz Quencher model was introduced by the brand it wasn’t an instant hit. Traditionally, Stanley products were targeted at workmen, with the marketing being directed at those who enjoy outdoor activities like camping. In 2012, Stanley mentioned that its products resonated with“a 30-year career veteran policeman” and “a retired Army soldier.”
That was until ✨social media✨ stepped in. Fast forward to 2023, and the #StanleyTumbler has over one billion views on TikTok and the tumbler found itself as now one of Gen Z’s most in-demand Christmas gifts. This newfound popularity among Gen Z and Millennial women certainly stands in stark contrast to the brand’s original target audience.
So, what happened to cause this shift?
There are four things we accredit to this development, so let’s dive into them
In 2017, the Stanley Cup had limited recognition among female Gen Z and Millennials. This was also around the time when influencer marketing really started to build momentum, which has since evolved into the thriving multi-billion-pound industry we are(very) familiar with today.
The turning point came when the Stanley 40oz Quencher garnered organic exposure on The Buy Guide, a shopping blog by Linley Hutchinson, Ashley LeSueur, and Taylor Cannon. These influential women, avid fans of the product and genuine believers in its quality, gave it a glowing review and introduced it to their predominantly female audience. Despite being available in limited quantities on Amazon, every mention led to a swift sell-out, revealing the product’s unexpected popularity among millennial women—an untapped consumer group for the brand.
However, this success faced a setback when Stanley decided to discontinue selling the product altogether. Recognising its potential, the three women took matters into their own hands and started gifting mumfluencers on Instagram, and word-of-mouth quickly spread. Women loved the product and couldn’t get enough of it! The ladies behind The Buy Guide said it took a while to convince the brand just how much spending power and influence Millennial women have on social media, but Stanley eventually took a leap of faith, and the rest is history.
CONSPICUOUS CONSUMPTION AND SOCIAL MEDIA
Despite Gen Z and Millennials being fairly educated on the future of our planet and the effects of unsustainable consumption, it seems the impact of social trends and the desire to fit in online are still having a huge impact on the way we shop. Stanley claims their products “will last a lifetime when properly cared for”with a #BuiltForLife ethos,yetconsumers are purchasing multiple versions of the same cup in different colours and styles. In line with this ethos, consumers should only really need to buy up to two Stanley cups in their lifetime. So why do people feel so compelled to buy the newest version of a cup they already own?
This is due to the way social media markets this cup towards Millennial and Gen Z audiences. The Stanley Cup is now positioned not just as a practical addition to our lives but as a symbol of an aspirational lifestyle. Priced at around £45, it stands higher in cost compared to similar products in the market. Considering the dynamics of social status, consumption trends, and the overarching influence of social media in selling a curated lifestyle, the Stanley Cup has seamlessly carved its niche. The frenzy around it taps into the fear of missing out, creating a sense that not having this product, not stocking up on the newest iteration and exclusive colour-way, means missing out on the lifestyle that it represents.
Let’s look at @kaelimaee as a prime example of this. Kaeli’s whole presence on social media has been meticulously crafted around living an ‘aesthetic’ lifestyle. Just one glance at her specially curated TikTok feed, and you’re left feeling like you want to get your life together! She’s amassed14.8Mfollowers on the platform and, of course, the Stanley cup takes centre stage in many of her videos, implying that it’s not just a product, but a lifestyle essential, and that you too should buy one if you want to emulate the ‘perfect’ lifestyle depicted by Kaeli.
Stanley caters for everyone, with nearly all of their products being customisable with either text, monograms or graphics – not to forget the 26 colours the quencher comes in. This level of customisability has garnered attention from the likes of Molly-Mae, who recently posted her nails matching her Stanley cup. An organic post of this nature is something hundreds of brands would pay a large sum of money for – so this really shows just how popular Stanley has become today!
(Screen-shot taken from Molly-Mae’s Instagram Stories)
VIRAL MOMENTS
Stanley walked right into a dream PR scenario last November. @Danimarielettering, posted a now-viral TikTok video of the remnants of her car after a fire, where just her Stanley 40oz Quencher survived the flames. The water inside the cup was still ice cold. While Stanley’s whole ethos is built on being #BuiltForLife – which we wouldn’t say was a largely known tagline. This video led to over 95.2 MILLION people being enlightened about the product’s durability. TikTok’s largely younger audience now knew that Stanley was not only socially ‘cool’, with its varying models and colours to choose from, but actually a quality product that’s worth investing in.
“Your brand is your public identity, what you’re trusted for” – Lisa Gansky (American entrepreneur and author)
The Stanley team really took advantage of this situation, showing just how much their social media strategy has evolved over the years. The president at Stanley, Terrance Riley, publicly sent Dani a whole new collection of Stanley products alongside a brand new car! This naturally gave them some hugely positive PR. We guess this part of Stanley’s rise is part down to luck (while also seeing an organic opportunity and creating reactive content in response to it), and part down to the actual benefits of the product itself. Humanising a brand is so important, something which Sam Mehrbod, contributor to Forbes encapsulates:
“People want to do business with those they know, like, and trust, and building a personal connection with your audience can help to achieve this. Your personality and values humanise your brand, making it relatable and more appealing to potential customers.”
And it is clear here that this is something that the Stanley team have mastered.
@danimarielettering What a journey, thank you all sooo much for being here for it. I cant say it enough, this wouldnt have happened without every single one of you. Love you and @Stanley 1913 ♬ The Champion - Lux-Inspira
DROP CULTURE
YouTuber and historian @philedwardsinc believes people are missing a key component when analysing Stanley’s success, and that is Terrance Riley, the Stanley president himself.
When looking at Riley’s career history and successes, it is understandable why Edwards thinks the success was more down to a well-planned strategy than simply luck. Terrance was previously head of marketing at Crocs, where he built the brand from a simple outdoor shoe into an iconic fashion statement, where collaborations with brands like Levi’s and PALACE were the norm and people like Post Malone were the average fans. All of which was achieved through his ability to make the drop style culture of sneakers work for Crocs where collaborations with top industry names were frequent…and who’s to say he didn’t do the same with Stanley.
With the help of Terrance, Stanley began collaborating with bigger iconic names “albeit influencers of different styles” to create limited edition collections. Take the Lainey Wilson collaboration for example, a country singer from Tennessee with a dedicated fanbase, yet completely unrelated to the traditional target audience of Stanley, allowing them to explore new spaces and reach new people. Through these limited drop-style collaborations Stanley were able to create this perception of scarcity, causing fans and people to feel pressure to buy a tumbler before they miss the boat.
An even greater example of drop culture and FOMO marketing is the recent limited edition Stanley x Starbucks Valentines collection. The cups come in two bright Barbie pink and red shades. Not only have the videos of shoppers been storming our FYP’s as we’ve mentioned, but the cups are even being resold for double the price on sites like eBay. It’s crazy to think a cup can create such high demand – but this is exactly how exclusive drops can make you feel like you’re missing out if you don’t purchase and add to your collection.
So yes, whilst the rise of the Stanley Cup was part down to luck and part down to social media and influencer marketing, it’s also an effective example of how experimenting with drop culture can be a useful tool to implement for the success of a product.
TO WRAP UP…
What was once a humble ‘camping cup’, has now evolved into social media’s ‘IT GIRL’ product of 2023. Stanley’s success story is one that brands should really look to as an example of the transformative influence of social media and influencer marketing on public perception.
But like most social media trends, there is often an expiry date, and Stanley could be nearing theirs. However, in the meantime, we think the brand is going to continue to enjoy riding the wave. But ultimately there’ll be another shiny and exciting rival to push Stanley off the top, stay tuned to keep track of what social trend is next in vogue.
P.S
We even spotted a couple of new Stanleys floating around The Fifth’s office after Christmas… very well confirming that a few of us here have also been easily influenced by Stanley’s social media takeover!
The utilisation of user-generated content (UGC) to promote products or to tell a story is not a new concept to brands. However, the way this content is being developed professionally through UGC creators, is a new, cost-effective option that many brands are adopting and reaping the benefits of. This blog post will explain what UGC is, the effectiveness of UGC, the role of UGC creators and the differences between UGC creators and influencers.
What is User-Generated Content?
User-generated content (UGC) has been around for years, long before social media. It has been traditionally defined as brand-specific content that is created by customers and published on social media/other channels. User-generated content is shared organically by customers from their own platforms and can take many forms including images, videos, reels, TikToks, Facebook posts, reviews or blog posts.
What are the benefits of User-Generated Content?
User-generated content can pose many benefits to brands, one being its ability to enhance a brands’ authenticity (this article from Nosto explains why authenticity matters). This is because it allows the brand to highlight their products/services from the perspective of their customers. As a result, prospective customers are more likely to relate to this type of content and thus invest in a brand, and buy their products.
Another benefit of using UGC is the way it can cultivate a strong sense of community among customers by actively involving them in a brand’s content creation process. Customers can openly share their experiences with a brand, product, or service which can establish connections between customers who share similar interests or preferences.
UGC can also help increase conversion rates and drive sales by offering social proof and showcasing real-life experiences of other customers. Prospective buyers are more likely to purchase a product or service if they see UGC that highlights the positive experiences of existing customers.
Furthermore, UGC can have a positive impact on SEO. Google, as well as other search engines, tend to prioritise websites which are regularly producing new and engaging content. This can effectively enhance a website’s search engine rankings and increase organic traffic. Additionally, by users interacting with UGC on social media platforms, social signals are generated which can also improve a website’s search engine rankings.
Finally, UGC is often a more cost-effective option for brands as it reduces content creation costs. UGC eliminates the need for brands to create every piece of content themselves which can be both time consuming and expensive. Brands can instead use the content created by their own customers and now UGC creators to significantly reduce costs.
What is a UGC creator?
The value of UGC has become increasingly apparent which has contributed to the rise of so-called UGC creators. This refers to creators who are paid by brands to create specific content which showcases their products/services in a way that appears authentic and organic. This content is created to live on the brand’s social media pages which means UGC creators do not need a large following, nor do they even need to appear in the content.
What is the difference between UGC creators and influencers?
UGC creators can appear deceptively similar to influencers as they both produce content for brands, however, it’s important to understand the distinction between UGC creators and influencers since they remain fundamentally different from each other.
Firstly, paid UGC creators are paid to create specific content for a brand that emulates typical user-generated content which is distributed across the brand’s marketing channels. They typically don’t share the content on their own platform and so they do not need to have a large following. Brands are paying them for their ability to create quality content, rather than the value of their audience.
On the other hand, influencers are paid to create content and distribute it across their own social media channels. Influencers usually have a substantial following on social media as brands use them to promote their products to their audience, thus using their influence to promote their brand.
Thousands of brands reap the benefits of working with both influencers and UGC creators every day. To find out more about how brands use UGC, check out my other article Eight ways brands work with UGC creators and why
Here are eight different ways brands can effectively utilise user-generated content
By Carla Watts
Tuesday, 19th of December 2023
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In today’s digital landscape, the rise of UGC creators has transformed the way brands utilise user-generated content. By harnessing the power of UGC creators, brands can effectively connect with their target audience, build trust, and leverage the creativity and authenticity of their customers. This cost-effective approach enables brands to tap into the power of user-generated content to drive meaningful engagement, increase brand credibility, and ultimately boost sales.
Here are eight different ways brands can effectively utilise user-generated content with real-life examples.
1. Social Media Campaigns:
Brands often incorporate user-generated content by encouraging customers to create content featuring their products/services with a specific hashtag. This enables them to collect a wide range of UGC and showcase it across their platforms.
One example of this is Nike who often urges its customers to share their achievements using the hashtag #JustDoIt. This UGC helps to build a sense of community online.
2. Contests and Giveaways:
Running UGC contests where customers submit photos/videos/written content for prizes can help build a buzz around a brand and get more people talking about them on social media.
For example, Trivago ran a UGC contest on Instagram with a $500 prize. Participants were asked to post a picture of their favourite hotel listed on Trivago using the hashtag #trivagofaves.
Brands can also collaborate with influencers who can create content in the style of UGC that features the brand’s products/services. This helps expand the brand’s reach and credibility among the influencer’s audience.
Glossier, for example, frequently collaborates with influencers to showcase pictures and videos of how they incorporate Glossier products into their daily routine.
4. Product Reviews:
Brands can encourage customers to leave reviews and share their thoughts which can provide new customers with valuable feedback and build trust.
On Quay Australia’s website, visitors can view photos of real customers wearing different sunglasses styles in their ‘styled by you’ section, providing social proof for prospective buyers. They also showcase written reviews from customers on their website. Therefore, UGC product reviews help to enhance customer engagement and boost conversion rates.
5. Testimonials/Success Stories:
Brands can also ask customers to share their stories and experiences about how a brand’s product/services have improved their lives. These testimonials can then be used for marketing purposes.
For instance, HubSpot highlights customer case studies and testimonials on its home page so it’s the first thing that potential customers will see. They often share figures, such as “Rock & Roll Hall of Fame Grows Its Audience By 81% With HubSpot. By outlining impressive statistics and notable brands, site visitors are made aware of the capabilities of HubSpot which can help improve conversion rates.
6. User-Generated TV Commercials:
Some brands involve their customers in creating TV adverts by inviting them to submit videos showcasing their brand experience or explaining why they love the brand.
An excellent example of user-generated commercials was the ‘Crash the Super Bowl’ Campaign by Doritos that ran for ten years. This gave fans the opportunity to submit their own commercials with the premise that they may be aired during the Super Bowl. Every year, Doritos would pick a few commercials that would be aired, as well as a winner who would receive $1 million. This campaign generated significant attention and media coverage, and gave aspiring filmmakers and content creators the chance to gain considerable exposure.
Brands can also incorporate UGC to help advocate for social change and engage their audiences with meaningful causes.
For example, Lounge Underwear is dedicated to empowering women, as well as advocating for women’s health. They launched their #FeelYourBreast campaign in 2019 and each year they share content created by their customers which encourages people to #FeelYourBreast. In 2022, the company raised over £500,000 for Breast Cancer Awareness. As a result, UGC allowed Lounge Underwear to build an online community which is based on shared values and a common goal of empowering women everywhere.
8. Innovation and Product Development:
Brands can ask their customers to contribute ideas or suggestions for new products or improvements to existing ones. This UGC can be used to drive innovation and better meet customer needs.
IKEA is a prime example of a brand that actively encourages its customers to submit ideas and improvements for new and existing products. They do this through their co-creation platform and initiatives like IKEA Bootcamps. This interactive approach enables IKEA to engage with their customers, gather valuable insights and enhance their product development process. The Privacy screen and Baby’s crib in the photo from The Wall Street Journal below were proposed designs from the Royal Academy of Arts during an IKEA sponsored workshop.
THE NATION’S FAV CAMPAIGNS AND THE ONES THAT WERE JUDGED HARD
By Laina Claydon
Tuesday, 19th of December 2023
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In the last few years, Christmas adverts have become almost as anticipated as the big day itself; always critiqued on socials, but this year they are living and dying by the sentiment on social media. Aligned with this observation, at THE FIFTH, we think Social Out: a strategic + creative methodology that centers around the thinking that all ideas must be inherently social. Here we discuss some of the nation’s fav Christmas ads and the ones that were judged hard in the comments.
Now and again, a super low budget ad breaks through the noise of our feeds and shoots us straight in our hearts. This year that came in the form of Northern Irish independent pub, ‘Charlie’s Bar’ who made their own Christmas ad (Watch here), tackling loneliness. Advertising the fact that they’re open on Christmas Day and will welcome solo guests, the final message ‘there are no strangers here, only friends you haven’t met yet’ is a pitch-perfect way to connect with consumers on a level that immediately strikes an emotional chord. The video made on a mobile phone with a budget of £700 by Aoife Teague has racked up millions of views across Instagram and TikTok and coverage from some of the UK’s biggest publications. The sentiment of the comments are overwhelmingly positive; it’s safe to say Carlie’s Bar has won the Christmas ads battle this year.
Meanwhile, usually one of the safe bets, M&S had a shocker this year. If you’re thinking, I can’t picture this one, that would be because it got pulled after screening due to the outrage it caused on social media not once, but twice when a scene that was cut from the ad was leaked, causing outcry all over again. It initially caused controversy as it featured various celebs choosing to do away with festive traditions they don’t enjoy. The ad caused many people to take to social media to complain about the selfish anti-Christmas energy the ad was giving out. All you have to do is check out the comments section of the ad here for a sense of the sentiment towards it. Then, just as the chat had started to die down, an outtake featuring red, green and silver party hats burning in a fire was leaked. Some thought the burning hats that matched the colours of the Palestinian flag could be taken as an anti-Palestinian message and took to social media to raise their concerns. It was at this point that M&S made the call to remove the ad.
A relatively new contender, JD Sports celebrated 25 years of the brand’s trademark drawstring duffle bag for their Christmas ad this year. The 1:30 ad speaks to the younger generation in a tone that shows they just ‘get’ their customers. With stars including Kano, Nia Archives, Joy Crookes and Central Cee, who appear alongside everyday people, all of whom use the bag for much more than just carrying purchases home from the store. “The JD duffle bag has been a central part in British youth culture across the years,” said Uncommon Creative Studio ECD Benny Everitt. “We wanted to create a campaign that celebrated its relevance today now more than ever – using the bag itself as a connection point between the brand and its audience.” The brand nailed nostalgia marketing with this entry. Read more about the rise of nostalgia marketing here.
Finally, John Lewis, usually the winner of Christmas and certainly the most hyped every year, left viewers feeling divided. The advert tells the story of a young boy who opts for a Venus fly trap instead of a Christmas tree, honouring the unique festive traditions upheld by many families each year. In a report conducted by Sprout Social analysing X/Twitter traffic, almost all of the big 2023 Christmas ads out-performed John Lewis in the social sentiment stakes. Marks & Spencer and John Lewis gained the most overall engagement, but when they delved into the sentiment connected to the comments they found that the John Lewis campaign scored just 68% positive sentiment with many complaining about the dog-eating plant.
Exploring FOOH: Is the future of marketing synthetic?
The rise of fake-out-of-home media and its implications for the marketing industry
By Jordan Carroll, Robert Stevenson and Jonnie Owen
Wednesday, 20th of September 2023
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How many times in the past 15 years have you lectured your frustratingly undiscerning close ones – usually those older than you – for believing everything they see on the internet? Well, life comes at you fast, doesn’t it? In 2023, you might now find yourself scratching your head, watching smartphone camera footage of giant Jacquemus bags cruising along the streets of Paris. You’re looping the video for the second or third time, squinting, then asking yourself: it can’t be real, can it?
This new form of reality-bending media has been dubbed as FOOH (or fake-out-of-home), and has been the burning topic on the marketing world’s lips for the entirety of the summer. The art form usually involves the addition of giant CGI products to mobile-shot footage of OOH city locations. Seemingly, the objective is to capture attention by duping audiences into a short state of disbelief, poking them to ask the question: is this real or not?
After months of fanfare has continued to grow for this type of media with each viral execution, right on time, we now have an alternative thread of discourse which stands to shine a negative light on FOOH. Is FOOH misleading audiences?Is it harmful to the OOH industry? Is it quickly getting very old and tired, anyway? The answer to each of those questions requires a nuanced one.
We turned to our Innovation team to help answer each of these questions. On the topic of potential harm to audiences via deception, our Innovation Director, Jordan, says that this is a common concern with the advent of new media formats:
“We have historically always had a tendency to invest blind trust in new centralised sources of truth, especially those driven by new, sophisticated technologies, which get closer and closer to seeming like real-life. You might think that tension contains itself solely to the internet age, but this definitely isn’t the case.
85 years ago, when a relatively new media format in radio reached mass adoption in the US, a radio drama broadcast of The War of the Worlds contained a news bulletin detailing aspects of a Martian invasion. Lo and behold, droves of war-anxious audiences believed it to be true, as they had just newly become heavily reliant on radio for their news.
Things like this are all par for the course with new media formats, until the right regulation is introduced and the format becomes familiar. But in the instance of FOOH, in my view, there is little to no room for harming audiences through deception, apart from those who are sensitive to feeling a bit foolish for believing!”
In fact, instead of harming audiences, FOOH seems to be getting mass buy-in because of its artificiality, showing that any perceptions of this format getting old or tired are solely contained in our marketing bubble. Taken from a sample of FOOH content during the months April to August 2023 (Tagger), brands that have jumped in have achieved 1,701% – 16,441% more engagement on their FOOH videos than on the average engagement from their previous 30 posts, with the best examples of success coming from fashion and beauty.
Maybelline’s Sky High mascara example is perhaps the most viral, depicting the attachment of giant eyelashes to the top of a tube train, which are brushed by a giant Maybelline mascara as it drives by. This video alone achieved 451% more engagement than their previous 30 posts combined, with droves of positive sentiment centered around the fact they actually loved the deceptive nature of the ad.
Despite the fact marketers continually evangelise for authenticity at any cost, Jonnie, our Music Partnerships manager, believes that audiences are more than willing to suspend their desire for authenticity in order to be entertained on social media
“First of all, it’s important to point out that entertainment and authenticity are never mutually exclusive. Live music, family vlogs, and documentaries can be just as entertaining as a fictional Netflix series.
But content that is absent of authenticity allows our imaginations as marketers to run wild and ensure that there is diversity and innovation in the media we are consuming. Consumers do not want the same old, same old every time they open the app, and I would stress that we as an industry do not want this either!
Ultimately, we are in a dogfight for attention everyday, and for that reason, there has never been a greater need to be inventive. My view is that invention exists more in a frame of mind that pushes authenticity further down the menu and prioritises entertainment, like FOOH does. And why shouldn’t we use a medium that helps us achieve incredible organic results at a time when we’re all being asked for our budgets to work harder?!”
@maybelline 📣 All aboard the Sky High Mascara Express ✨🚄 After hitting the NYC Streets, we’re taking over London💂🇬🇧 We are on the move with #SkyHighMascara elevating your lash game to new heights🌤️ 🌇 it’s guaranteed to serve limitless lash length 📏 and full volume😍 #Maybelline♬ original sound - Maybelline New York
Of course, just because examples so far haven’t been harmful, it doesn’t mean we should turn a blind eye altogether. As AI democratises skills for everybody and allows for the generation of synthetic audio, imagery, and deep fakes, there is an industry wide need for legislation which enforces the labelling of assets that are artificial, especially those masquerading as the real thing. FOOH also exists in this world.
Whilst each platform develops its own solutions – with X (Twitter) opting for crowdsourcing moderation with community notes, TikTok asking for self-moderation with threat of consequence, and Meta releasing self-labeling tools if you use their AI – we are embarking upon a messy ecosystem where there is indisputably more margin for audience harm.
Agencies like Ogilvy have taken it on themselves to self-label when content has been produced through use of AI, and if a joined up effort from social platforms is too much to ask, it may fall on the industry to help create best practice with legislators in order to protect our own industry from any potential disrepute upon the horizon.
When you peel away concerns about consumer harm and the potential longevity of FOOH, you’re left addressing the concerns of the OOH industry. It’s within this arena where your empathy should be most directed, as FOOH is a sample of what is to come when our environments become virtual, immersive, and removed from the real world. The real world where JCDecaux, Clear Channel, Global Outdoor, TFL, and others rule the roost.
McKinsey found that Gen Z, millennials, and Gen X consumers expect to spend between four and five hours a day in the metaverse in the next five years, where large-scale brand advertisement will be completely democratised, without limits, and potentially, completely decentralised, too.
The metaverse is completely at odds with authenticity, where humans adopt avatar appearances to explore synthetic worlds, with a goal to be entertained through escapism. Is the outrage at FOOH a sign of the resistance that legacy marketers will have as we edge closer and closer to the future of online media? Ocean have already pioneered in examples of DOOH in specific immersive environments, but decentralisation and fragmentation will mean OOH buyers need to be nimble-footed.
Our Business Strategist, Rob, believes metaverses could completely reimagine the way in which media is bought, which is why the whole industry should be wise to the implications that Web3 brings with it:
“Augmented Reality and CGI / FOOH ads are a stepping stone to virtual worlds. Media fragmentation means that competition for attention is at an all time high and is only headed in one direction.
Clearly not many people are prepared to wear massive VR headsets just yet, however, Apple Vision Pro may be the driver the industry is looking for. Of course, younger generations, such as Gen Alpha may come to be considered VR natives, who have moved way beyond the current question of ‘is this real?’
In virtual worlds, marketing will evolve further and take different forms. We already see static in-game billboards sitting alongside race-tracks, advertising Gatorade – but this is a rudimentary version of what could be.
The direction of travel appears to involve the democratisation of CGI tools and a user preference to play with and remix brands. Combined, I believe we will see companies open up their brand assets, enabling creators in spaces such as Roblox, Sandbox and Fortnite to produce fantastic CGI, which is a fundamentally different way of assessing brand engagement.
In the meantime, we’re at an interesting juncture: Web 2.5. Where virtual and IRL co-exist and blend, but there are no rules, benchmarks or disclosure.”
Chinese e-commerce apps look busy to keep customers busy buying
By Jordan Carroll
Thursday, 7th of September 2023
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Picture this. You’re online shopping and see a silicone head-massager that looks like a torture device. Next, a rainbow of miniature Crocs attached to a keyring, closely followed by a plastic rocket launcher with 40 barrels that fire fairy liquid bubbles.
There’s also timers everywhere. Interruptive pop-ups. Reams of cramped text. Zero white space. Does this read like a description of the #1 app in the United States?
Well, that’s exactly what Temu is. It’s an online marketplace containing an endless raft of wacky products, set to hit $1bn monthly gross merchandise value in 2023. If sensory overload is your thing then you’re in luck. This app has one design principle and one design principle only: stay busy.
Temu is not alone with this ‘stay busy’ ethos. Whether it’s Ali Baba, Ali Express, JD.com, VIP.com, or SHEIN, Chinese e-commerce apps are consistently achieving success in the West, in spite of the formulaically eyesore app experience they strive for. It seems like the sole aim with each of these apps is to cram as much content into a single scroll as possible.
And culturally, there are a whole raft of reasons that explain why that might be precisely the case. Logographic languages like Chinese are visually more dense than English, with no spaces between words, and higher character complexity. This allows readers of Chinese to process more information, in more compact spaces, in a shorter period of time. Ultimately, it’s more efficient to cramp content.
The complexity of single Chinese characters also means that designers find no use for Westernised typographic rules. Large, practical and uniformed styles are favoured to make text as legible as possible, leading to the overwhelming of a Western eye that is used to clearly stylised headings, sub-headings and body copy.
The proliferation of mobile web in China predated smart phones, meaning flip phones were used to browse the web, with less processing power and less digital real estate to display content. Websites were resultantly designed with as much content in one page as possible to limit loading, a principle which still exists today.
And surely one look at Hong Kong, one of the world’s major cities of commerce, has some pointed influence. Rambunctious streetscapes of neon ads, busy crowds and sweeping traffic, vibrant streets of markets, bustling beneath towering modern skyscrapers. Commerce in Hong Kong is visual stimulation 101, and it’s also a real life manifestation of what the shopping experience is like on Chinese apps.
So, being busy makes good sense for Chinese customers, but why do these design principles make their way to the West?
Ultimately, this design works in line with the business objectives of Chinese e-commerce apps in the West, in spite of how this might affect its appearance. An app’s design and interface sits very closely with the brand, and Temu for instance, is inherently anti-brand. It’s a marketplace for white label, non-branded products to thrive. Goods are sold directly to customers from factories in China for the cheapest possible price.
There is no brand image to build, no brand story to tell, no brand values to uphold, no brand love to harbour. Customers are paying purely for the product. And the same can be said for all the other aforementioned Chinese e-commerce brands.
Therefore, any design element to create brand-love is abandoned in favour of elements that are data-engineered to drive you to checkout. This data-led decision making is known as horse racing, where multiple teams are assigned to build the same feature with slight variations. All versions are tested at a huge scale, with businesses like Temu leveraging China’s one billion internet users through their sister companies in the East.
They then optimise their apps before exporting the learnings overseas and scaling. Everything that appears within the app is incrementally engineered to drive more transactions, even if these developments are made to the detriment of how the app might look. We’re seeing marketing experts evangelise for experimenting with ugly ads because invariably they work.
Clearly ugly apps are also a winning formula.
With all that said, once you peel back the chaotic front-end, you will find that businesses like Temu are not solely feats of Eastern engineering. Rather, they are unsustainable business models, powered by great tech, backed with a bottomless pit of cash and driven by a sole objective: scale user adoption by any means possible.
How does that manifest itself in strategy? Whilst the exact fees that Temu take in transactions aren’t known holistically, its sister company Pinduoduo only charges a commission of 0.6% for each sale. With many products listed for less than $1, that’s an extremely small charge for what the platform offers in exchange to sellers: acquisition, payment, logistics, partnerships.
Add to this the fact that the creator economy is also invited to join the Temu Affiliate Program and earn up to 20% commission on affiliate sales, with a $5 sweetener for each new download they drive, that’s an eye-watering expense on top of a paper thin margin.
Resultantly, it has been reported the average loss on each order on Temu is currently $30, and the expense doesn’t stop there. Changing shopping habits is a big traffic play, which is expensive from an advertising perspective. Temu know this and are not shying away: they reportedly plan on spending $1.4 billion on advertising campaigns in the US this year, and $4.3 billion next year. How is that bottom line going to look?
Being a loss-making enterprise in tech is no new and novel practice exclusive to Chinese e-commerce apps, but what happens when these apps feel they have achieved the minimum viable DAUs to change gears and start striving for profitability?
Heavily subsidising sellers and consumers can’t continue if Temu wants to be profitable, and as soon as the huge discounts are not found on Temu, purchases on those nice-to-have products will dry up. Pumping a bottomless pit of cash into sales-focused paid ads is not sustainable, as customers need something more when price isn’t the only driving factor.
By acting as a middle man between Chinese factories and Western customers, and having a proposition centred on sending non-branded products for as low cost as possible, it feels like this will be par for the course for Temu or any other e-commerce app that follows the same operational template.
Is this the tension which TikTok Shop can thrive within? TikTok Shop is inviting Western brands to house their shops within the platform’s e-commerce infrastructure, using the same app design principles that all successful Chinese e-commerce apps follow. But whilst Temu has no reason to visit beyond price, TikTok is where product discovery takes place, with conversion available within a few taps, on your favourite brands, as well as the zany products you might find on Temu.
TikTok has also already spent its billions hitting the sky-high daily active users needed to make this a sustainable play, and those users open the app to consume content from influential creators responsible for deciding which products are in vogue. Their own localised fulfilment centres will also deliver products within timeframes that align with Western competitors. With all of these factors priced in, you would assume that it will be TikTok Shop which is able to win the battle for Western wallets.
The jury is still out on that. Case studies are being released pointing towards singular examples of success, but TikTok will also go down the same path of subsidising creators, consumers and sellers in order to drive adoption and try to own every step of purchase decision-making. One thing’s for certain: e-commerce in the West is never going to stand still thanks to the influence of the East.
A breakdown of why finfluencers are impacting our financial decision making
By Bella Hales
Wednesday, 30th of August 2023
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In recent years, a new breed of influencers has emerged, capturing the attention of millions across various different social media platforms. Known as ‘finfluencers’, these individuals have gained remarkable popularity by offering financial advice, tips, and strategies to their growing audience. With their engaging content and expertise in personal finance, they have effectively carved out a space in the financial advisory landscape.
Here, we explore the multitude of reasons as to why finfluencers are taking over the financial social space, and explore the impact of their influence on individuals’ financial decision-making.
Accessibility and Relatability
One of the main reasons behind the increase in of finfluencers is their ability to make financial advice more accessible and relatable to a wider audience. Unlike traditional financial advisors who may seem intimidating or unapproachable, finfluencers use social media platforms to share their knowledge in a casual and engaging manner. They break down complex financial concepts into digestible bites, making it easier for people with little to no financial background to understand and implement the advice. They also often share their personal experiences, including financial successes and failures, fostering a sense of authenticity that resonates with their audience. This genuine connection builds trust, leading their followers to consider their advice more seriously.
Millennial and Gen Z Appeal
The rise of finfluencers is closely tied to the demographic shift in the audience seeking financial advice. Millennials and Gen Z, in particular, form a significant portion of their followers. These younger generations often prefer digital platforms and social media for information consumption, finding more affinity with influencers who understand their unique financial challenges, such as student loan debt, housing affordability, and gig economy work.
Educational Content and Empowerment
Finfluencers have made it their mission to increase financial literacy among their followers. They offer educational content that covers a wide range of topics including budgeting, saving, investing, and retirement planning. By empowering their audience with knowledge, they encourage them to take charge of their finances and make informed decisions. With the cost of living crisis in full force, this is something that is more in demand than ever.
Finfluencers excel at community building, creating supportive environments where their followers can interact, share experiences, and learn from one another. This sense of belonging can be particularly valuable for those who might feel isolated or overwhelmed by financial challenges. The community aspect fosters a collaborative learning space where members can openly discuss their financial journeys without judgement.
Digital Disruption in Financial Services
The rise of finfluencers coincides with a broader trend of digital disruption in the financial services industry. Fintech innovations, robo-advisors, and online investment platforms have already transformed how individuals access financial products and services. Finfluencers fit into this evolving landscape, offering a human touch and personalised guidance that complements the convenience of digital financial tools.
It must be said that taking advice from finfluencers does come with its own risks. In a recent interview with the Financial Times, finance expert Bola Sol explained how ‘the accessibility of social media means new creators crop up frequently and produce content that takes advantage of people.’ There are, however, new measures being introduced to tackle the new social financial landscape.
Money Week reports how the Financial Conduct Authority and the Advertising Standards Authority have teamed up to warn finfluencers that some financial promotions could be a criminal offence and aims to provide them with clear guidelines to follow which they should check before agreeing to promote products.
As a result, many financial influencers are taking the IFA (independent financial advisor) certification to boost their credibility and expand their content. Experts like John Sommerville, head of learning at the London Institute of Banking and Finance, are huge advocates for this, arguing that “if creators aren’t educated enough, there’s a risk that somebody may be put into some form of financial distress.”
Overall, it is clear that the rise of finfluencers represents a paradigm shift in financial advice and education. With their accessible and relatable approach, they have successfully reached and inspired a vast audience, particularly Gen Z and millennials.
While traditional financial advisors and institutions still play a crucial role, finfluencers have demonstrated their impact in increasing financial literacy, building trust, and empowering individuals to take control of their financial futures. As with any source of financial advice, however, it is essential for followers to exercise discernment, cross-reference information, and consider professional advice when making significant financial decisions.
TikTok’s strategy to dethrone Amazon? Uninvite them from the party
THE FIFTH’s Innovation Director delves into Big Tech paranoia
By Jordan Carroll
Tuesday, 29th of August 2023
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Seated in the grandstands of the bloody coliseum known as Big Tech, we watch as the world’s biggest companies carve lumps out of one another for global dominance and the relevance of an adage like “only the paranoid survive” becomes strikingly clear. First articulated by Intel’s CEO Andrew Grove in 1996, this adage has stood as a guiding principle for big tech over the past three decades, illuminating the unforgiving landscape where vigilance reigns supreme.
In last week’s showing of big tech vigilance, we once again saw the formidable challenger TikTok advancing with their guard up against Amazon in a pursuit to topple them as the e-commerce incumbent. A new report from The Information suggests that TikTok will throw the kitchen sink at e-commerce from a funding perspective, adding $500m losses to their P&L in pursuit of dominance whilst most notably, introducing a policy to ban links from their platform to outside e-commerce sites – including Amazon.
Amazon had TikTok paranoia back in 2020 when they aimed to ban the social app on employee devices, and perhaps that paranoia was well placed.
This latest development, if true and unleashed at the right time, would cause serious disruption in the e-commerce space. And what would a big tech battle be without a vein of irony?
The Financial Times recently reported that TikTok is rolling out an in-app product promotion called Trendy Beat. This shopping feature will showcase TikTok-owned products that have been manufactured based on in-app data. If the product is popular, TikTok will copy it, probably for cheaper, then sell it directly to customers. These are the exact fundamentals of Amazon’s growth strategy, and you can bet dollars for donuts that TikTok will in the not-so-distant future be accused of copying viral products, then prioritising their own white label products in favour of the original brand’s product. Just like Amazon has been accused of.
This is the specific tension which should terrify brands.
After brands have invested years into a platform that has helped them gain strong organic and paid returns, all whilst positioning them authentically towards Gen Z culture in a meaningful way, and beckoning in an era of shopping and social that is more tightly woven than ever before, we will now see that same platform use the data from yours and millions of other brand’s investment to cut themselves off a much bigger slice at your expense. This is whilst limiting your ability to drive clicks towards your favoured storefront. We should have seen this coming when the platform birthed dupe culture.
TikTok is now in a race against itself to drive mass adoption of their shop offering. Clearly they believe they have the cultural clout to own the shopping process outright from awareness to conversion.
Of course, Amazon logistically is an absolute beast, with over 185 fulfilment centres globally, 9.7m registered sellers, and most importantly, the ability to ship with next day delivery to their 300m customers worldwide. But with TikTok owning their own fulfilment centres, could they be inching closer to offering a next day delivery service of their own?
With TikTok expected to reach 1.8bn users by the end of the year, all of which average 95 minutes’ usage per week, as well as the fact the platform is hugely responsible for the creation of virality around products right now, they’ve become an irresistible prospect – or a frightening one – depending on whether you are a customer, or if you are Jeff Bezos.
There are aspects of the app which also need to align to ensure TikTok can make a dent in Amazon. Of course, their FYP algorithm is well suited to deliver you relevant products with scary accuracy, meaning organic awareness nested with surprise and delight is a great emotion to tap into when trying to drive shopping behaviour. The affiliate payouts are reportedly not bad, considering one creator netted 20% commission on a sale, where Amazon reportedly ranges from 1-20%. But search is a huge reason why Amazon is so convenient. They seemingly sell everything and make discovery completely frictionless – with reviews playing a huge part in that journey – meaning that more often than not, your research within the app drives you down-funnel tidily towards purchase.
TikTok does not yet boast the power of Amazon’s search engine, nor does it boast the decades of data – including reviews – that Amazon has. When users do search on TikTok, the power of the creator content that exists there is arguably the most powerful discovery content that can possibly be leveraged. Therefore, if TikTok can truly nail search, offer next day delivery, and drive mass seller adoption, you would start to seriously consider the app as a destination for shopping as a consumer.
If you think Amazon’s paranoia should reside solely in the realm of e-commerce, then you would be wrong. Amazon has recognised that to keep consumers within your ecosystem, you need to add an insane amount of value, which is why their Prime subscription houses so many products to make it a no brainer for consumers. Whilst Amazon does not break down the profitability of each of its business segments, half of its Prime revenue is spent on maintaining their streaming on-demand platform Prime Video, with total expenses across Prime Video and Prime Music coming in at $16.6 billion in 2022 against revenues of $35.22bn. That’s before you even consider the logistical cost of delivering their bread and butter at a next day turnaround. Package this up with Prime Gaming, Amazon Day, Amazon Photos, Whole Foods discounts, Twitch subs, and Prime Reading, and you’re talking a lot of added value to make sure consumers keep shopping with you.
How will TikTok compete on those grounds? Well, the platform has been expanding its offerings in many of those areas to varying degrees of scale. It recently launched TikTok Music in select countries, a music streaming platform which clearly will be favoured by Gen Z listeners who are able to support their favourite artists via merchandise, music, and exposure – all within one app. They launched Series, which allows creators to pay-gate premium content: not a stretch on the value offered by Prime Video, but the first step on a long, steep path. TikTok has its own coin donation economy, similar to Twitch’s subs and bits, which allows users to support their favourite creators. Furthermore, TikTok is venturing into mobile gaming, live sports streaming with the NFL and X Games, and even launching a publisher model for creators called 8th Note Press.
With these developments, whilst Elon Musk talks up a good game about making X the everything app, it seems that TikTok is actively building it for both creators and consumers. By offering a similarly eclectic range of services, including music streaming, gaming, content creation tools, and e-commerce, TikTok is positioning itself as a one-stop platform for entertainment and shopping, locking horns with Amazon on more than on ground. Once they reach a product viability level with the right levels of adoption across each of their business divisions, a TikTok subscription to give you all of this value included with free next day delivery would really put the cat among the pigeons.
How can Amazon respond?
They could make their Shopping platform more social, like Google is doing. Launching Shorts and nesting vertical creator-led content in searches is clearly driven by the adage “only the paranoid survive” in mind. I’m sure Amazon can try to look to Congress and anti-competition for a helping hand. But as they fight anti-competition battles of their own, I’m not sure how much favour they will curry, beyond faux patriotism and anti-China agendas. It seems the plucky challenger has a lot going for it, and clearly, a lack of other challengers with the same strategy. If you zoom out from the battle taking place in the centre of the coliseum between Amazon and TikTok, you can see Meta in the periphery, acquiring VR headset companies ahead of Apple to ensure their metaverse move is bulletproof, whilst copying Twitter wholesale and aiming to improve the things that X users are complaining about on their app via the launch of Threads. Meta have winded down their ecommerce plays in favour of these battles, and you wonder whether they may regret that in coming years.