
05/09/2024
Fabulators in the News! 📰
Fabulate Co-founder and Chief Product Officer, Nathan Powell, shared his thoughts in Mi3Australia on how creators are becoming a powerful force in commerce.
In the article he discussed how marketers are rethinking their traditional advertising budgets as audience behaviours shift and how platforms like TikTok Shop in APAC are transforming the way brands engage with creators. By using data, brands can now measure a creator’s true impact on sales through metrics like GMV (Gross Merchandise Value) and GPM (Gross Profit per Thousand Streams).
Data from Fabulate Discovery reveals that 1.03% of TikTok creators and 5.66% of Instagram creators in Australia with over 1,000 followers are actively linking to shopping and sales pages in their bios. This trend underscores the growing importance of social commerce and the unique connections that creators are forging with their audiences.
Thanks to Nadia Cameron and Mi3Australia for the feature!
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