An Orange Tile Worth $317,460.31

An Orange Tile Worth $317,460.31

Google “orange tile” and you are presented with a moderate number of options starting as low as $.25 per tile often with the word “retro” next to it - a reference to the 70’s when this color choice was blazin. I think the $.25 is way undervalued. 4-sho, 130 million people who subscribe to Netflix have a different story to tell. Let me give you the lowdown.

In 2017 only 63 orange tiles sold $20,000,000, which when doing the math is $317,460.31 per orange tile - an ace price. 

And there was nothing retro about it.

If you are one of the 130 million you might know what I am talking about and perhaps have seen the documentary about the greatest party that never happened - the Fyre Festival in 2017.

The organizer’s digital strategy for Fyre Festival: 63 influencers simultaneously posting a blank orange square, using the hashtag #FyreFest. These posts received 300 million impressions in 24 hours. It did not take long for 5,000 people to buy $4,000 tickets for the event. 

Influencer Marketing

The event ended in bogus fashion with the organizer behind bars and triggered a big debate about the merit of influencer marketing.

Many say the logistics and organization did not match the influencer marketing success and I’d agree. Still, that the influencers spread the message and the festival sold out in quick time was off the hook. Great execution and result. No diggity, no doubt. 

Influencer marketing works, but there are strings attached. Vetting on both sides - brand and influencer and FTC compliance are just a couple of topics that you might playback next time you pass by an orange tile at your local home improvement store.

We have honed our craft of vetting brands and influencers. Moreover, we know what it takes to be FTC compliant with your influencer marketing campaign. Look here to discover our secret: CLICK HERE

#Influencermarketing

David Sievers

Creator commerce

5 年

Despite how bad the rest of it went, this campaign was pretty clever.

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