30752 - THE CREATOR ECONOMY: STRATEGY, MONETIZATION, AND IMPACT
Department of Marketing
MAXIMILIAN BEICHERT
Suggested background knowledge
Mission & Content Summary
MISSION
CONTENT SUMMARY
-
Introduction to the Creator Economy
-
Definition, size, revenue, and key statistics
-
Evolution: historical milestones, technological shifts, economic and societal trends
-
Characterization: low entry barriers, competitive landscape, long-tail dynamics
-
Key players framework: influencers vs. creators, consumers, brands, platforms
-
-
Platform Dynamics
-
Platform purpose and infrastructure: enabling value‐creating interactions, governance models
-
Platform vs. pipeline: network effects, scalability, data-driven feedback loops
-
Role in creator economy: content creation support, management tools, monetization overview
-
Major platforms (YouTube, Instagram, TikTok, Twitch): content fit, user goals, platform biases
-
Algorithmic curation: discovery mechanisms, filter bubbles, matching value, bias and aversion
-
-
Monetisation Strategies
-
Direct vs. indirect models: subscriptions, ad revenue, sponsorships, merchandise
-
Creator’s dilemma: balancing monetization tactics with authenticity and audience trust
-
-
Building a Personal Brand
-
Creatorship as entrepreneurship: motives, typologies (hobby, professional, niche, celebrity)
-
Key drivers: infrastructure, financial support, individual traits (creativity, resilience, experience)
-
Branding principles: authenticity, engagement, niche content strategies
-
-
Role of Brands and Marketers
-
Collaboration models: sponsored content, performance-based fees, affiliate partnerships, co-creation
-
Luxury industry focus: heritage, exclusivity, brand-creator alignment
-
Impact measurement: reach, impressions, engagement, conversions, ROI, earned media value
-
Tools and dashboards: platform analytics, third-party trackers
-
Case studies: successful (e.g., Loro Piana & Gstaad Guy) and failed collaborations
-
-
Economics of Influence
-
Influencer tiers: nano, micro, macro, and their relative power
-
Pricing strategies, benchmarks, and comparisons
-
Virality dynamics: content performance metrics and determinants
-
-
Matching Platforms
-
Framework for aligning creator goals with platform features
-
Criteria: audience demographics, content format, algorithmic tendencies
-
-
Impact on Traditional Industries
-
Consumer behavior shifts: bypassing search engines, media and advertising disruption
-
Creator-driven changes: fashion, beauty, tech, entertainment (and optional sports/journalism)
-
Strategic discussion: vulnerability of legacy players, potential for creator-led models
-
-
Legal and Regulatory Challenges
-
Transparency and disclosure guidelines; regional differences (EU, US, China)
-
Copyright, licensing, and intellectual property considerations
-
Platform policies and content moderation frameworks
-
-
Emerging Trends
-
AI in content creation: personalization, trust concerns, deepfakes, ethics, EU AI Act implications
-
Virtual influencers and digital twins; debate over AI disclosure badges
-
Web3 and decentralization: creator-owned platforms, tokenization, and future ecosystem models
-
Intended Learning Outcomes (ILO)
KNOWLEDGE AND UNDERSTANDING
-
Introduction to the Creator Economy: Describe the key concepts, historical evolution, and economic significance of the creator economy.
-
Platform Dynamics: Explain how digital platforms leverage network effects, algorithmic curation, and open infrastructures to shape content distribution and value creation.
-
Monetisation Strategies: Identify and compare major monetisation models available to creators—such as subscriptions, advertising, sponsorships, and merchandise—and evaluate their benefits and challenges.
-
Building a Personal Brand: Analyze the principles of personal branding and the individual, environmental, and strategic drivers that contribute to entrepreneurial success in the creator ecosystem.
-
Role of Brands and Marketers: Evaluate different collaboration models between brands and creators (e.g., sponsored content, affiliate partnerships, co-creation) and assess their effectiveness using relevant performance metrics.
-
Economics of Influence: Discuss the economics of influencer tiers (nano, micro, macro), pricing benchmarks, and the factors that drive virality and content performance.
-
Impact on Traditional Industries: Assess how the creator economy disrupts legacy industries (e.g., fashion, media, beauty) and articulate strategic responses for established firms.
-
Legal and Regulatory Challenges: Summarize the key legal, regulatory, and ethical considerations—such as transparency, intellectual property, and platform moderation—that affect content creation and influencer marketing across different regions.
-
Emerging Trends: Appraise emerging developments (e.g., AI in content creation, Web3 decentralisation) and anticipate their potential implications for future creator-driven markets.
APPLYING KNOWLEDGE AND UNDERSTANDING
- Analyze platform features and user data to recommend optimal distribution channels for specific content goals.
-
Develop a comprehensive monetisation plan that balances revenue objectives with audience engagement and authenticity.
-
Design a personal branding strategy by identifying key differentiators, target niches, and content themes.
-
Evaluate brand–creator collaboration proposals using performance metrics (e.g., reach, engagement, ROI) to determine strategic fit.
-
Assess the legal and ethical implications of influencer campaigns, ensuring compliance with disclosure, copyright, and platform policies.
-
Apply economic principles to estimate pricing benchmarks for influencers across nano, micro, and macro tiers.
-
Use analytics tools (e.g., platform dashboards, third-party trackers) to interpret content performance data and iterate on creative strategies.
-
Collaborate effectively within a team to develop and present a mock creator-driven marketing campaign, demonstrating clear communication and role delegation.
-
Critically reflect on emerging trends (AI, Web3) to forecast potential impacts on creator-driven business models.
Teaching methods
- Lectures
- Guest speaker's talks (in class or in distance)
- Practical Exercises
- Individual works / Assignments
- Collaborative Works / Assignments
- Interaction/Gamification
- Competitions/Hackathons
DETAILS
-
Lectures: Instructor-led presentations to introduce core concepts, frameworks, and theoretical foundations.
-
Case Study Discussions: Analysis of real-world brand–creator collaborations and platform strategies to connect theory with practice.
-
Guest Speakers & Industry Panels: Insights from active creators, platform representatives, and marketing professionals on current trends and challenges.
-
Workshops & Hands-On Exercises: Guided sessions where students experiment with analytics dashboards, content‐creation tools, and monetisation models.
-
Group Projects: Team-based assignments, such as developing a mock creator campaign or platform‐matching proposal, to foster collaboration and project management skills.
-
Seminar-Style Debates: Student-led discussions on emerging topics (e.g., AI ethics, Web3) to encourage critical thinking and articulation of diverse viewpoints.
-
Peer Review & Feedback Sessions: Structured critique of classmates’ personal branding plans, content prototypes, and campaign proposals to develop communication and evaluative abilities.
-
Online Modules & Discussion Forums: Self-paced readings, video modules, and asynchronous forum discussions to reinforce concepts and accommodate remote or hybrid learners.
-
Simulations & Role-Playing: Scenarios where students assume roles (e.g., influencer, brand marketer, platform moderator) to practice negotiation, briefing, and compliance decision-making.
-
Presentations: Individual or group presentations of research findings, strategy proposals, or case analyses to hone public speaking and storytelling skills.
Assessment methods
Continuous assessment | Partial exams | General exam | |
---|---|---|---|
|
x | ||
|
x | ||
|
x |
ATTENDING STUDENTS
Assessment & Weighting
-
Final Exam (55%): Closed‐book test covering core concepts and frameworks (ILOs: knowledge).
-
Group Project (25%): Monetization strategy + presentation (ILOs: application).
-
Individual Assignments (20%): Case analysis reports (ILOs: application, understanding).
Group Projects
-
What & How: Teams develop a creator monetization strategy.
-
Attending: In‐class teamwork; in‐person presentations.
-
Verification: Project deliverable and strategic design (ILOs: applying).
NOT ATTENDING STUDENTS
Assessment & Weighting
-
Final Exam (55%): Closed‐book test covering core concepts and frameworks (ILOs: knowledge).
-
Group Project (25%): Monetization strategy + presentation (ILOs: application).
-
Individual Assignments (20%): Case analysis reports (ILOs: application, understanding).
-
Group Projects
-
What & How: Teams develop a creator monetization strategy.
-
Non‐Attending: (Individual) Video presentations + detailed business plan outline.
-
Verification: Project deliverable and strategic design (ILOs: applying).
Teaching materials
ATTENDING AND NOT ATTENDING STUDENTS
All required academic articles, white papers, and case studies will be compiled and shared by the instructor.
-
Before Week 1: An email with a syllabus attachment (PDF) listing all mandatory journal articles.
-
Throughout the Semester: Additional readings (e.g., recent industry reports, guest-speaker slide decks) will be posted online at least one week before the corresponding lecture.