Best of the week: Brands are cutting agencies, going directly to influencers

We’ve reached the weekend and there’s a pretty good chance you’re already headed out of town. But before you shut off completely, make sure to check out our top stories from the week – a full list is available at the bottom:

A former global media head of a multinational brand spoke to our UK editor Jess Davies in this week’s Confessions, noting how agencies have evolved into the procurement business, driven by clients prioritizing the road of cheap.

Perhaps on a related note, Shareen Pathak explored how an increasing number of brands are going straight to Instagram stars and social stars on other platforms to make creative, cutting agencies out of the process. “Between high agency markups, creative fees and imaginary fees, brands are saving money by just going direct,” said Delmondo CEO Nick Cicero.

On the video beat, co-executive editor Lucia Moses delved into how food brand Tasty is a template for Buzzfeed’s vertical expansion. Wrote moses: Tasty was followed in October 2015 by Top Knot, a beauty video page with 4.5 million followers; and in September 2016 by Goodful, a wellness page with 15 million followers. One of the most established spinoffs came in March 2016 with DIY page Nifty, which now has 28 million followers of its main page and its own offshoots, including Outdoors and Pets. In the first quarter of this year came Bring Me, for adventurous travelers (1.7 million followers); and bro-y Sweaty (about 1 million followers). Nifty, Goodful, Sweaty and Bring Me were among BuzzFeed’s top 10 Facebook pages in terms of video views. All told, these verticals are the fastest-growing part of BuzzFeed’s business.”

 

Top stories of the week:

Confessions of an ex-brand global media chief: It’s all one massive arbitrage system

Brands are using influencers like ad agencies

How food brand Tasty is a template for BuzzFeed’s vertical expansion

Snapchat is wooing ad buyers with discount coupons and bonuses

Complex is getting 400,000 views on its daily pop culture YouTube show

 

https://digiday.com/?p=238569

More in Marketing

Inside X’s latest, desperate attempt to beguile advertisers

If X has its way, 2024 will be the year it hits the long, twisted trail back to advertiser land, according to the platform’s pitch deck.

How Amazon Prime’s ‘Fallout’ series highlights the power of post-apocalyptic video game IP

To some extent, the mainstream success of the “Fallout” series is a reflection of the massive scale of the Amazon Prime machine. But the consensus among viewers and critics is that it’s a damn good show, too.

Why the New York Times is forging connections with gamers as it diversifies its audience

The New York Times is not becoming a gaming company. But as it continues to diversify its editorial offerings for the digital era, the Times has embraced puzzle gamers as one of its core captive audiences, and it is taking ample advantage of its advantageous positioning in the space in 2024.