Memes – A form of communication, entertainment, and everything in between. Chances are one of your favourite past times are browsing through Instagram/Twitter and tagging friends in memes. Am I right? We’ve spoken about meme culture on this platform before, and it goes without saying that they are at the core of the millennial generation. With that being said, can they be monetized?
@FuckJerry, an Instagram account thats boasts 12 million followers has become nothing short of a franchise of its own. Expanding into clothing, a social agency, a card game, a video channel, and so much more, all sitting under the Jerry Media umbrella which has other accounts such as @pizza, and @kanyedoingthings. Now if you’re just as surprised as I am, you’ll be even more shocked to know that an account like @FuckJerry charges at least $30k for a sponsored post. To put this in context, the page offers 6 to 7 million impressions per post and this is not only attractive, but expensive for advertisers.
The above post was a piece of Burger King sponsored content that when I saw for the first time, the last thought on my mind was that it was paid material. This is the opportunity that brands have in partnering with meme pages such as @FuckJerry. Although the name isn’t the most PG, loosely based off of Jerry Seinfield, their sponsored content appears organic as long as it’s presented in an amusing fashion. Will they be partnering with a Shampoo brand for example? Probably not as their content is going to work better with an edgier brand such as Jack in the Box or Burger King. 2 of their dozen clients.
Brands are subjected to the style of comedy that these pages emulate as well as their fan base that browse the page daily and love to make comments. You’ll get an unfiltered and raw post that has the opportunity to reach over 6 million people and receive 30k comments in one day. Last year, the page earned over $2M in revenue and Jerry Media as a whole is expanding quickly. From launching @JerryNews to expanding on Snapchat and other platforms extending their reach.
So will we start to see more frequent sponsored posts appear on the meme pages we all know and love? Considering how you probably never noticed all of the paid material on the @FuckJerry page, it won’t even matter at this point. If the material “fits in”, then it will be consumed the same.
Dakarai is an ambitious professional with a passion for advertising and marketing, and is currently employed as an account coordinator for an ad agency in Toronto. When he’s not at the office, he’s most likely trying out a new restaurant, browsing AdWeek, or binge watching something on Netflix. Dakarai, but you can call him Dak. Follow him on Twitter, Instagram, and connect with him on LinkedIn.