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Tag: creator economy

Stack Influence Case Study: How Micro-Creators Became a High-ROI Growth EngineStack Influence Case Study: How Micro-Creators Became a High-ROI Growth EngineStack Influence Case Study: How Micro-Creators Became a High-ROI Growth Engine

Stack Influence Case Study: How Micro-Creators Became a High-ROI Growth Engine

I stared at the Excel sheet, the numbers blurring into a sea of red. It was Q4 2020, and we had just burned $40,000 on a single influencer campaign for a skincare client. The influencer had 2 million followers, the video production was flawless, and the engagement was… crickets. This is when we began our Stack Influence case study. The return was a negative 300% ROI. I remember the client’s email: “We paid for influence. We got a pretty post.” The silence in our small New York apartment-turned-office was deafening. My co-founder, Michael, and I didn’t speak. We just sat there, the weight of a broken business model crushing us. In that moment of absolute failure, we asked the heretical question: What if everything we knew about influencer marketing was wrong? What if bigger wasn’t better, but worse?

The influencer marketing industry was a $9.7 billion behemoth in 2020, but it was broken. Brands were throwing money at mega-influencers, chasing vanity metrics like “likes” and “followers” that rarely translated to sales. A 2020 report by Influencer Marketing Hub showed that while 93% of marketers used influencer marketing, 78% found measuring ROI their greatest challenge. The gap was clear: the market needed a bridge between authentic creator voices and tangible, trackable business outcomes. We had our pivot.

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The Un-Silicon Valley Story: How Gumroad Built a Quiet Empire for Creators by Breaking Every “Growth” RuleThe Un-Silicon Valley Story: How Gumroad Built a Quiet Empire for Creators by Breaking Every “Growth” RuleThe Un-Silicon Valley Story: How Gumroad Built a Quiet Empire for Creators by Breaking Every “Growth” RuleThe Un-Silicon Valley Story: How Gumroad Built a Quiet Empire for Creators by Breaking Every “Growth” RuleThe Un-Silicon Valley Story: How Gumroad Built a Quiet Empire for Creators by Breaking Every “Growth” Rule

The Un-Silicon Valley Story: How Gumroad Built a Quiet Empire for Creators by Breaking Every “Growth” Rule

It was November 2015, and Sahil Lavingia had to fire everyone. This was a pivotal moment that led to a reevaluation of the Gumroad business model.

He stood before his small, tight-knit team—the people who had bled with him to build Gumroad—and dismantled his own dream. One by one, he let them go. The office lease was terminated. The venture capital fairy tale was over. He was a 23-year-old CEO who had raised $8.1 million from the world’s top investors, and now he was a company of one.

The tech press, which had once celebrated him as a wunderkind, now wrote his obituary. “Gumroad is failing,” they declared.

But as the last employee walked out, a different sound emerged from the ashes: a quiet, steady cha-ching. A sale of a digital product. Then another. The platform wasn’t dead. The creators—the illustrators, writers, course instructors, and musicians—were still there, still earning. In that moment of profound failure, Sahil discovered a radical new purpose: not to build a billion-dollar unicorn for VCs, but to build a sustainable, simple, and powerful engine for the creative middle class.

This is the story of how that “failure” became a quiet revolution.

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influencers becoming retailers: a person is taking a video of themselves eating breakfast

Influencers Becoming Retailers: The Rise of the Creator Commerce Model

Influencer marketing has evolved. Once upon a time, creators made money through sponsored posts and affiliate links. Today, a new generation of digital creators is moving beyond promotion—they’re building influencer-led brands and selling products directly to their followers.

This transformation marks the birth of creator commerce, a movement where influencers become retailers, merging influence, content, and commerce into one ecosystem. Platforms like TikTok, Instagram, and YouTube are fueling this shift by integrating shopping tools right into the content experience.

An influencer sitting at a desk with a video camera in front of them
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