Meta and YouTube Woo Creators
Lindsey Gamble
Creator Economy Expert | Influencer Marketing Consultant | Strategic Advisor | LinkedIn Top Voice | Previously: Influencer Marketing Strategy & Innovation at Later/Mavrck
Good morning! I’ll be speaking at Influencer Marketing Show ( Influencer Marketing Show presented by Hello Partner ) next week in New York. If you’ll be there, let me know and catch my session (Closing the Creative Gap for Optimal Influencer Marketing Success) on Tuesday. There won’t be a newsletter next week, but I'll be sharing updates throughout the week on LinkedIn and Twitter .
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Meta Announces New Updates for Creators on Facebook
Meta has announced several updates for creators on Facebook to help with content creation, audience growth, and monetization. Here are the highlights:
Why it matters and what it means: Meta's latest updates aim to encourage more creators to use Facebook. Although the features, tools, and programs that Meta has been releasing for Facebook are often better than what is available on Reels, Facebook is not a platform that the general creator population is investing in. However, these updates should entice some creators as they offer an opportunity to tap into new audiences they may not be reaching on Instagram, TikTok, and YouTube, with the added benefit of monetization.
YouTube Lowers Eligibility Criteria for Its Partner Program
YouTube is expanding access to the YouTube Partner Program (YPP) by lowering the eligibility criteria, allowing smaller creators to monetize their content through fan funding features. These features include Channel Memberships, Super Chat, Super Stickers , and Super Thanks. They can also sell their own products using YouTube Shopping.
To be eligible to apply, creators must meet the following requirements:
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Additionally, YouTube is expanding its YouTube Shopping affiliate program to US-based creators with a minimum of 20,000 subscribers. Creators can now tag products from over 50 brands , such as Nordstrom, SEPHORA, and Ulta Beauty, in their videos and earn commissions for generated sales. When viewers watch videos with product tags, they can easily tap them to view information about the product, including pricing, while continuing to watch the video. YouTube says using YouTube Shopping also increases the discoverability of videos.
Why it matters and what it means: These options help YouTubers generate revenue through methods other than traditional sponsored content. By granting creators access to some YPP benefits, they can start earning money earlier through fan contributions. Although they may not be able to benefit from sharing ad revenue, focusing on fan funding can be more advantageous in the long run. Creators who can garner support from their viewers can create a more diverse revenue stream down the road.
The expansion of the affiliate program provides creators further in their journey a way to earn money through a pay-for-performance model, which has been picking up . With native support for affiliate marketing, creators can spend less time and effort managing affiliate links and tracking commissions in third-party apps. They can now handle everything in YouTube Studio, where they can monitor insights and earnings, freeing up more time to focus on content creation. The convenience, revenue potential, and enhanced discoverability should encourage creators to opt into the program, particularly those who already produce product review content and are part of affiliate programs.
TikTok Tests Visual Search for Product Discovery
TikTok is currently testing a visual search tool for the TikTok Shop tab in markets outside the U.S. The tool enables users to take a photo or upload an image to search for similar products, similar to features that currently exist on Pinterest, Google, Microsoft Bing, and Instagram.
Why it matters and what it means: Visual search can strengthen TikTok Shop by providing users with an additional way to discover products, while helping retailers reach a broader customer base. By allowing users to utilize visual components to find products, the platform can present them with more relevant products compared to traditional text-based searches, which often yield a large quantity of less relevant items. This streamlined environment can lead to a faster purchasing process.
Since TikTok Shop is still in its early stages, the results for visual search may not be as comprehensive. However, this is expected to improve over time as TikTok adds more retailers to its platform. While visual search primarily focuses on product discovery, TikTok could also leverage it to suggest videos related to a photo or image that a user takes or uploads. For instance, if a user captures a photo of a popular tourist attraction like Pike Place Market and searches for it, the platform could display videos from creators who have featured that location in their content, such as showcasing a day in Seattle or providing recommendations for things to do at Pike Place Market.
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70M + Followers Across Social | Investor in 25+ companies I CEO of Magic Group | Speaker. Entrepreneur. Street Magician! ?? Searching for magic people ????
1 年Incredible overview ????
Influencer Marketing | B2C + B2B Growth | Social + Creator Economy | Speaker
1 年Excited to see you speak in NYC next week!
Next Trend Realty LLC./wwwHar.com/Chester-Swanson/agent_cbswan
1 年Thanks for the updates on, The Lindsey Gamble's Newsletter.
Program Manager, Influencer Marketing Strategist & Photographer
1 年Super insightful, Lindsey! So glad that YouTube is lowering their requirements
Building the Creator Middle Class via Creator Logic. You deserve to earn more from your content - join 38,800 free newsletter subscribers below and follow @thecreatorlogic on social. [email protected]
1 年You have to laugh at Twitch's gall, taking away the 70% split then putting it back in place up to the lower end of a middle class income. Who is making decisions at that place and do they have any sense of self-awareness??