Influicity connects brands to YouTube influencers

Toronto company aims to remove guess work with marketplace model

Influicity has opened up its YouTube influencer marketplace to all types of agencies.

The Toronto- and New York-based company first launched the marketplace in July, inviting brand marketers and media agencies to use its platform to find influencers for social campaigns. This week it opened the platform up to PR firms, content marketing shops and all other agencies.

Several Canadian agencies, including Geometry, Zenith Optimedia and Content Citizen are already using the service.

Influicity works like a search engine for influencers, allowing brands to look for potential partners based on their age, gender, ethnicity, category of influence, location and reach. Given the appetite for for video content from brands, it currently focuses on YouTube users.

According to founder and CEO Jonathan Davids, Influicity has plans to add search tools for brands seeking influencers on other social networks in 2015.

Davids said Influicity’s aims to take the guess work out of influencer marketing. Instead of searching for influencers on their own, marketers can use the tool to identify the ones who are a fit for the brand and have the reach to help move the needle.

The company currently has 140,000 influencers in its system, including about 4,000 Canadians. For brands looking for Canadian eyeballs, however, Davids recommends partnering with influencers who have large Canadian audiences rather than influencers who specifically live in Canada.

Access to the marketplace is via a monthly subscription, costing between $125 and $1,500 depending on the reporting and analytics features the marketer or agencies needs.

As for the price tag of working with the influencers themselves, Davids said it can vary greatly based on factors such as reach, viewer loyalty and demand. Some clients spend just a few hundred dollars on their influencer programs, while Davids said others spend up to hundreds of thousands (big brands that have used the marketplace include Puma and Garnier).

“Pricing was a key issue for us to tackle early on, since most pricing is arbitrary in the influencer space,” Davids said. “Influicity acts as a market maker by setting the fair market value for each influencer. When a client searches for influencers, a price tag is attached to each one.”

Advertising Articles

On The Move: Additions at Ketchum and Zulu Alpha Kilo

A weekly update of who's headed where in Canadian marketing and communications

Fuse livens things up for clients with new division

Toronto agency blends social and experiential under new brand

MEC goes for good times in new campaign

Creative focuses on fun, outdoor experiences with friends and family

Toronto culinary experience brings new credit card to life

Pomp & Circumstance promote CIBC/Air Canada card to media and influencers

The Body Shop pops up in Yorkville

Retailer testing new storytelling installations at pop-up store

CFL partners with EA on in-game content

Partnership places current and legendary CFL players inside Madden NFL Mobile

Media Innovation Awards 2016 shortlist — Part 1

Nominees in Best Use of Content, Best Use of Digital Channels and Niche Marketing

Kia Cubed

New experiential initiative aims to shift consumer perceptions of Korean automaker

Enbridge wants customers to pass the smell test

Utility company goes scratch-and-sniff route to help customers identify gas leaks