YouTube influencers are a sought-after breed. One word from these connoisseurs of cool, these heralders of hipness, and traffic to a website or store soars, products fly off shelves and brands become blockbusters overnight.
But these people can be picky, quirky and hard to connect with — especially for a new brand roaming about the Internet in search of some love and respect.
That was the problem Aihui Ong, the founder of a small healthy snack subscription business, Love With Food, was having.
She could see that some new business was coming to her site from YouTube, where current customers had made videos showing how much they liked her snack boxes. But how to scale that up? How to find those influencers with really big followings and get them on her side?
And that is where the start-up FameBit came in. It is a self-service, online marketplace where brands and YouTube influencers — especially the smaller ones — can connect.
Ms. Ong began using the platform about a year ago and now most of her marketing budget is devoted to YouTube videos. It’s been successful for her. Love With Food’s revenue last year was about $5 million, year-over-year sales are up 15 percent and the cost of acquiring a customer is down 30 percent.
FameBit was founded by high school friends — David Kierzkowski, chief executive, and Agnes Kozera, chief operations officer. (The company was also the beneficiary of a Silicon Valley seed fund, 500 Start-Ups.)
It capitalizes on the rapid growth of influencer marketing, where video creators with a sizable following on YouTube — often considered authorities in a particular niche — feature a brand’s products or services in their videos. An influencer recommendation is akin to that of a friend or family member and is trusted by more than 80 percent of consumers worldwide, according to a 2015 survey by Nielsen.