FameBit Review: Influencer Marketing Platform
FameBit is an interactive entertainment company founded in 2013 and headquartered in Santa Monica, California with an additional office located in Brampton, Ontario, Canada. The company develops and maintains a popular Influencer Marketing link sharing platform. As of 2016 the company has been a subsidiary of Google, grouped under their YouTube division.
Type: Private Business
Industry: Influencer Marketing
Headquarters: Santa Monica, California, United States
Social Media Platforms: Facebook, Instagram, YouTube, Twitter and Tumblr
Business Model :
Unlike other influencer marketing platforms, FameBit is not subscription based, instead it is free to sign-up, and the company receives 10% of the transaction fees between Influencer & Brands.
FameBit offers an online marketing platform that allows brands to post offers to advertise their products on specific social media platforms. Content creators can log into the platform, browse offers, and then negotiate their prices. The platform is free to sign-up, w/ FameBit taking a percentage of the transaction fee between brand and influencer.
The Pros Of FameBit’s Influencer Marketing Platform :
- Payment portal
- Management dashboard
- Creators can respond to campaigns based on interest level
The Cons Of FameBit’s Influencer Marketing Platform :
- Limited campaign scope
- Limited influencers and creators on platform
- Difficult to understand influence marketing strategies and concepts in order to maximize platform use.
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