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How Platforms Are Changing in Response to the Creator Economy
Publisher |
ConvertKit
Media Type |
audio
Categories Via RSS |
Arts
Business
Marketing
Publication Date |
May 26, 2021
Episode Duration |
00:33:27

Times are changing. As our culture slowly begins to normalize full-time creatorship, the economy is responding. Some shifts feel unexpected while others feel more predictable. Regardless, one thing is for certain: as creators, paying attention to these shifts is important to maintaining our creative freedom and loving the lifestyle we’ve built.

In this episode, Charli and Haley examine the sometimes puzzling moves made by companies capitalizing on creators, the parts of creatorhood finally valued by our modern economy, and the powers that fuel it. 

“What this shows really though — this fight to get creators to be exclusive on a platform — it shows how valuable creators are, right? And it shows how much these companies need creators in order to be successful.” ~ @charliprangley

Main takeaways

  • [04:05] Companies are trying to figure out the best way to incentivize creators to create exclusively on their platforms but what’s the end game? Why is it important for creators to be exclusive on a platform? 
  • [07:46] When a company pays a creator to be exclusive, it almost forces that creator to work for the company rather than for themselves. That creator is suddenly held more accountable and may ultimately lose creative freedom. 
  • [10:46] Companies continuously focusing on exclusivity dilutes the ability for creators to easily diversify their streams of income. 
  • [13:52] There’s been a snowball effect of one company after another recognizing the creator economy as something that’s collectively driving us forward. 
  • [15:25] Companies are also recognizing the value of owning your audience. It will be interesting to see how companies outside of ESPs support that end goal. 
  • [17:53] Platforms aren’t helping the creator middle-class succeed. Instead, they’re perpetuating the handful of highly successful creators. 

Connect with our hosts

Links

Got a story to tell on The Future Belongs to Creators podcast?

We'd love to have you on the show to talk about successes or failures you've experienced on your creator journey. Submit your story here!

Start building your audience for free=

With ConvertKit landing pages, you can build a beautiful page for your project in just a few minutes. Choose colors, add photos, build a custom opt-in form, and add your copy. All without writing any code! Check out landingpages.new to get started.

Stay in touch

In this episode, Charli and Haley examine the sometimes puzzling moves made by companies capitalizing on creators, the parts of creatorhood finally valued by our modern economy, and the powers that fuel it.

Times are changing. As our culture slowly begins to normalize full-time creatorship, the economy is responding. Some shifts feel unexpected while others feel more predictable. Regardless, one thing is for certain: as creators, paying attention to these shifts is important to maintaining our creative freedom and loving the lifestyle we’ve built.

In this episode, Charli and Haley examine the sometimes puzzling moves made by companies capitalizing on creators, the parts of creatorhood finally valued by our modern economy, and the powers that fuel it. 

“What this shows really though — this fight to get creators to be exclusive on a platform — it shows how valuable creators are, right? And it shows how much these companies need creators in order to be successful.” ~ @charliprangley

Main takeaways

  • [04:05] Companies are trying to figure out the best way to incentivize creators to create exclusively on their platforms but what’s the end game? Why is it important for creators to be exclusive on a platform? 
  • [07:46] When a company pays a creator to be exclusive, it almost forces that creator to work for the company rather than for themselves. That creator is suddenly held more accountable and may ultimately lose creative freedom. 
  • [10:46] Companies continuously focusing on exclusivity dilutes the ability for creators to easily diversify their streams of income. 
  • [13:52] There’s been a snowball effect of one company after another recognizing the creator economy as something that’s collectively driving us forward. 
  • [15:25] Companies are also recognizing the value of owning your audience. It will be interesting to see how companies outside of ESPs support that end goal. 
  • [17:53] Platforms aren’t helping the creator middle-class succeed. Instead, they’re perpetuating the handful of highly successful creators. 

Connect with our hosts

Links

Got a story to tell on The Future Belongs to Creators podcast?

We'd love to have you on the show to talk about successes or failures you've experienced on your creator journey. Submit your story here!

Start building your audience for free=

With ConvertKit landing pages, you can build a beautiful page for your project in just a few minutes. Choose colors, add photos, build a custom opt-in form, and add your copy. All without writing any code! Check out landingpages.new to get started.

Stay in touch

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