How Chiara Ferragni's blog became an $8M business
Ever since I had
an Instagram account, I started to follow Chiara Ferragni and always wondered
who this blonde was, because she has over 4.5 million followers without
specifying what her occupation is or what she does for living. It was not until reading the article named ‘How Chiara Ferragni’s blog became an $8M business’ that I
realized how brilliant this 27-year-old young lady is, particularly in
marketing herself via media.
Just a few years
ago Chiara Ferragni was a fashionable Italian law student with a passion for
posting photos of her personal style online. Now, she sits atop two companies
worth $8 million. She's been on the covers of magazines all over the world,
earned the attention of the Harvard Business School, and just sat front row at
two dozens New York Fashion Week shows. And the most interesting fact is that
Ferragni is not a model, not an actress, or not even a traditional celebrity,
but she represents her name-a brand, and a lucrative one. She's the co-founder
and editor-in-chief of fashion blog-turned-lifestyle-website, "The Blonde
Salad." She founded it in 2009 -- for $10 -- with her then boyfriend and
current CEO Riccardo Pozzoli. Ferragni’s first intention to post photos was
simply because, according to Ferragni, she loved to create something that
people loved to look at, and they could find inspiration from, and that was it.
I sincerely believe in her statement. We never know what kind of opportunity is
around us, and we are unlikely to explore opportunities that do not have
potential for personal development. However, Ferragni is the luck girl as she
grasped the chance and never let it go.
Among many
bloggers, Ferragni is probably the most successful one. Her success does not
come out of nowhere; if you ever had a chance to look through her photos on
Instagram, you would know her secrets to success: keeping blogs up to date and
presenting the photos of the highest quality. Ferragni is a smart woman; she
knows what pose to make at different occasion and what caption to put to
attract peoples’ attention without any sense of showing off. This is her
marketing strategy: being fashionable while keeping herself close to the social
norm.
Due to
Ferragni’s influence, there is a significant increase in fashion bloggers who
hope to become famous and make a great fortune (maybe). Aleali May and
Charlotte Groeneveld are good examples. With their increased popularity
and designers’ handbags in the photos, it is very likely that a successful
fashion blogger is one of the top occupations that any girl would want.
Nevertheless, a successful fashion blogger not only needs to keep fit, but also
keep her mindset strategized. Ferragni is not satisfied with her
accomplishment. Indeed, a focus on the American market is now at the top of
Ferragni’s agenda. She is already house hunting in Los Angeles. Americans are
just so much easier to work with — they understand the power of numbers and the
power of social media interactions and all these kinds of things much better
than anybody else. Therefore, Ferragni keeps on walking down her path of
fashion, people across the world keep on following her steps in fashion.
Sources:
http://www.cbsnews.com/news/chiara-ferragni-fashion-blogger-became-8-million-dollar-business/
https://instagram.com/chiaraferragni/
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