from whom influential financiers can choose the content and the faces to go with it and pocket the lion’s share.
How? This kind of doesn’t make sense to me because it seems like some kind of talent manager wouldn’t have a lot to offer in terms of actually increasing someone’s chances of making it big on social media, if it’s a type of content that doesn’t require any special resources to produce and is suited to being made by one person.
Social media agencies that manage company accounts on behalf of their clients and have their employees produce content for them.
Agencies that operate their own accounts, which are financed through product placement, e-commerce (mostly dropshipping), or affiliate marketing.
Typically, these companies pursue both approaches simultaneously.
What they offer the actual content producers, i.e., the (sometimes even pseudo-self-employed) employees, is the following:
A salary or at least project-based remuneration
A network of contacts to advertising customers and thus lucrative sources of
revenue that are pretty much unattainable for individuals without significant reach (they have sales people to protect those contracts from the people that do the content of course - usually these people are called account managers or something tacky along those lines)
A network of contacts to other “influencers” in order to gain subscribers, etc. through strategic cooperation
Know-how on how to build up accounts
Professional equipment (cameras, dongles, drones, video editing applications and so on) as well as social media marketing tools for reporting, planning, and automation, which are not exactly cheap
In some cases, substantial advertising budgets for ads to promote new accounts (performance marketing) and, in the case of campaigns for external clients, “seals of approval” from meta and other Plattforms (meta, Google or TikTok “Business Partner” for example — these seals are exclusively issued to companies who spend a significant amount on ads on the respective platform)
Opportunities to collaborate with other employees of the company, which can also create network effects.
There are certainly other advantages, but the key point is the contact with advertising customers, i.e., companies that want to engage in social media marketing. These contacts are only accessible to private individuals if they already have one or multiple successful accounts, which unfortunately only very few of those aspiring to a professional career in this field ever achieve.
but the key point is the contact with advertising customers, i.e., companies that want to engage in social media marketing. These contacts are only accessible to private individuals if they already have one or multiple successful accounts, which unfortunately only very few of those aspiring to a professional career in this field ever achieve.
I get the impression that you also generally have to already have a successful account to be considered by agencies, which would defeat the point somewhat of it being a way to get over the initial hurdle. I watch vtubers on Twitch and from what they sometimes say about how sponsorships work, much of it is somewhat automated and gated mainly by account popularity metrics, which makes sense because why would advertisers want to pay a premium to another middleman if they didn’t have to? There was a vtuber agency that collapsed recently when it came out that they were insolvent and had been defrauding many people they worked with along with various other corruption and abuse, and given how similar scandals aren’t uncommon and the need for creators to be doing the work of building themselves up as a business regardless, makes it seem like a pretty bad deal to have an all inclusive sort of contract with agencies.
How? This kind of doesn’t make sense to me because it seems like some kind of talent manager wouldn’t have a lot to offer in terms of actually increasing someone’s chances of making it big on social media, if it’s a type of content that doesn’t require any special resources to produce and is suited to being made by one person.
There are basically two approaches:
Typically, these companies pursue both approaches simultaneously.
What they offer the actual content producers, i.e., the (sometimes even pseudo-self-employed) employees, is the following:
There are certainly other advantages, but the key point is the contact with advertising customers, i.e., companies that want to engage in social media marketing. These contacts are only accessible to private individuals if they already have one or multiple successful accounts, which unfortunately only very few of those aspiring to a professional career in this field ever achieve.
I get the impression that you also generally have to already have a successful account to be considered by agencies, which would defeat the point somewhat of it being a way to get over the initial hurdle. I watch vtubers on Twitch and from what they sometimes say about how sponsorships work, much of it is somewhat automated and gated mainly by account popularity metrics, which makes sense because why would advertisers want to pay a premium to another middleman if they didn’t have to? There was a vtuber agency that collapsed recently when it came out that they were insolvent and had been defrauding many people they worked with along with various other corruption and abuse, and given how similar scandals aren’t uncommon and the need for creators to be doing the work of building themselves up as a business regardless, makes it seem like a pretty bad deal to have an all inclusive sort of contract with agencies.