Follower Fallacy

in #hive-1484414 days ago

When Creator X hit 10M followers across platforms in 2023, tech media hailed them as the next digital mogul. Six months later, they quietly shut down their merchandise line, laid off their small team, and admitted they were "taking a break to restructure." They're not alone.

Of course, this isn't an actual story per se and seems a bit too dramatic.

But if you've spent sufficient time watching the creator economy, you've seen this kind of story before. Not so recently, there was this trend of established creators quitting social media.

On a broader angle, the pattern seems like this: meteoric rise then glowing profiles, and finally the inevitable "taking a break" post.

But what's really happening beneath the surface?

It could be a lot of things. From experiencing burnout via constant content creation demands to struggling with the growing pains of turning attention into sustainable revenue.


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Vanity Metrics

That said, there's a fundamental disconnect in the digital economy that keeps repeating, audience size has become disconnected from business fundamentals.

In a way, we've collectively confused attention for value creation. But one could also make the argument that without attention, value creation cannot take ground.

I personally like to think of it like a measuring a restaurant's success by how many people look at its menu rather than its profit margins and operational efficiency. Yes, the crowds look great from the outside, but the unit economics tell a different story.

Sometimes, the difference between succeeding or falling as a creator/business is in understanding what really drives business value in the digital economy. Not necessarily content quality or niche.

The platform trap is a peculiar paradox of our digital age. In that, creators build their entire business presence on platforms they don't control, more or less setting up shop in someone else's mall.

The great aspect is the initial benefits are clear (built-in audience, easy discovery, network effects), however, the long-term risks remain hidden until it's too late.

It only takes one algorithm change or a policy update and their reach drops dramatically. Suddenly, that 'direct line' to their audience isn't so direct anymore.

Can't Move A Layer Deeper

There's also this unspoken assumption that more followers automatically translate to more business success. Usually, scaling reveals the cracks in a business model rather than reinforcing it, at least at first.


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Let me illustrate this specific challenge with a pattern I've noticed. When creators hit certain follower milestones (say 100K, 500K, or 1M), their content engagement starts declining inversely.

In many cases, it's not because their content quality dropped. But because maintaining meaningful engagement at scale is fundamentally different from growing an initial audience. The former requires systems, teams, and infrastructure that most creators aren't prepared for.

And from a business pov, each new follower potentially increases operational complexity without necessarily contributing to revenue.

So, it creates a sort of gap between the depth of engagement and the superficiality of followers.

And if we combine the above assumption and the platform trap, it begins to make sense to me on one of the reasons why we're seeing this recurring pattern of successful creators hitting an invisible ceiling.

In that regard, followers are merely the beginning of the story, not the end.


Thanks for reading!! Share your thoughts below on the comments.

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There’s a lot of interest in getting the next big channel and millions of “followers” but what I think is frequently not discussed is how most of those people are just bots or AI at this point. The engagement isn’t real like it is here on hive. It’s unfortunate but that’s the way of the world at the moment.

I think it’s also impossible to sift through those comments and make replies. You would need a few people to do that and then it comes back to the main point - what’s actually really humans or not?

It's so true, nowadays. Especially on traditional social media, I always laugh in my head when I read YouTube comments of a bot pretending to not understand how crypto works, openly displays the wallet seedphrase and asked for help in transferring funds. It's clearly just a scam attempt but genuine humans do reply to it lol.

I think for that case, niche communities will become more relevant, especially when the crypto aspect is embedded in it like Hive. Building a self sustaining economy where human users can exchange value and do other interesting stuffs.

Thanks for stopping by :)

It takes a lot to keep people happy, but it takes even more to keep even more people happy. Sometimes there are constant burnout from wanting to appeal to a larger audience, so I think this happens.

Right. Also, not everyone will resonate with the creator's content as he/she scales up and trying to appeal to a larger audience risks appealing to no audience at all. It's a tricky situation to be at.

Thanks for stopping by :)