Wednesday, August 7, 2024
HomeMarketing AutomationSubstack Is The New Branding Frontier for Founder-Influencers. Is It Working?

Substack Is The New Branding Frontier for Founder-Influencers. Is It Working?


Welcome to Tendencies, a weekly publication with the zestiest enterprise tendencies and actionable insights for entrepreneurs.

founder-influencer-substack

The most effective a part of my job is being surrounded by content-obsessed people.

They’re professionals at creating nice content material, but additionally at sniffing it out.

So when two of them, with out coordination, level me to Substack, I concentrate. 

Screenshot 2024-08-02 at 12.40.58 PM

Supply: Google Tendencies, six-month rolling common

Apparently, the self-publishing platform is having fun with a recent enhance in recognition — many entrepreneurs are seeing it as a greater different to social media.

“Substack is the brand new Instagram,” Free Folks’s director of name advertising and marketing, Libby Strachan, advised Shiny.

What’s Outdated Is New Once more 

Substack was based to assist content material creators, writers, and journalists join with their readers in a method that wasn’t doable in conventional media.

They get to be their very own writer, and construct up a loyal viewers who’s keen to pay them instantly for his or her work.

Yup, that is creator economic system 101 stuff.

However what’s attention-grabbing now is {that a} wave of D2C founders are rediscovering this platform as their private branding outlet.

Melanie Masarin of Ghia (that classic stylish non-alcoholic model), as an illustration, has a Substack publication the place she shares “founder musings” and different snippets of her life.

Screenshot 2024-08-02 at 12.41.10 PM

Supply: Substack

It’s a extra curated tackle “constructing in public,” the place founders get to attach with potential prospects in a extra intimate method.

They write like influencers — about what they put on, what they eat, the place they journey to — and plug their merchandise when the time is correct.

The writing’s clear: as social media and brief movies divide shopper’s consideration into one million totally different items, running a blog is again in full swing to make sure you — and your model, as an extension — get seen.

Is It Working?

 

👍 Sure…

Creators personal the viewers they earn on Substack. These are actual e-mail lists (leads) that may be taken with them to another platform.

It’s additionally simpler to monetize than social media, even with a much smaller subscriber base.

Say you cost $50 per annual subscription, 2,000 followers will get you to 100k ARR. Not too shabby. (That’s <1% of Tendencies’ subscriber rely… perhaps we must always get on Substack??) 

simone-biles-team-usa-gymnastics-vault-olympic-games-nes39qxovpgt7x99

Leaping into Substack like… Supply: GIFDB

And if people fall underneath your affect, then they’re extra possible to purchase your merchandise, too. This might work wonders for D2C manufacturers in style, magnificence, wellness, or meals & bev — the place persons are extra vulnerable to comply with the recommendation of a founder-influencer.

👎 …And No

However the place does your private model finish, and your “model” model begin?

D2C buyers are involved about their ROI if an organization’s founder is consistently posting on Substack about their life and musings. Generally it may even masks the truth that the corporate isn’t doing so scorching.

Screenshot 2024-08-02 at 12.41.18 PM

Get again to work. Supply: Digiday

So whether or not Substack will give you the results you want will depend on your objective.

If you happen to’re absolutely invested in your corporation and see it as a brand new channel to fulfill prospects, go for it. 

If you happen to’re right here for private clout, or use it as a backup plan in case your corporation doesn’t pan out — it almost definitely gained’t pan out.

Need extra content material like this? Join our weekly Tendencies e-mail, crammed with knowledge, deep dives, and pattern insights for enterprise builders, entrepreneurs and progressive professionals.

New call-to-action

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments