Skip to main content

How food media brand Chefclub reached 1 billion organic views per month

Chefclub hasn’t attracted a lot of headlines over the years as it has only raised $3.5 million. But it is slowly building a major media brand on social media platforms as it now competes directly with Tastemade and Tasty.

Compared to more traditional recipe websites and brands, Chefclub focuses exclusively on the intersection of food and entertainment. If you’ve watched a few Chefclub videos, your reaction is probably something along the lines of “oh no they didn’t.”

You’ll see a lot of melted cheese, and somehow cooking often involves deep frying all the things. Some people around me are obsessed with those videos even though they’d never consider watching a cooking show on TV.

“We are normal people, we don’t have the same cooking skillset that you can see on TV and in books. We opened up the kitchen cabinet and used everyday ingredients. That positioning has always been there and hasn’t changed,” Chefclub co-founder Thomas Lang told me.

And it’s been working incredibly well. The company now has 75 million followers across multiple social media platforms. It generates a billion video views per month and reaches 200 million people. The startup has never spent a cent in paid media to grow this user base.

Due to its lean culture, there are “only” 50 people working for Chefclub. The entire team is based in Paris, with one third of them who are not French. Despite this very French DNA, Chefclub has noticed that you don’t necessarily have to adapt all your content to different geographies. 70% of videos work well across the globe.

Chefclub optimizes its content for Facebook first and foremost. As many publishers told me, it has become increasingly harder to work around Facebook’s algorithm to reach a large audience on Facebook. But the startup has been through all the ups and downs of Facebook’s algorithm. Those relentless efforts have been key to the company’s growth as many media brands simply gave up on Facebook.

Other social networks seem way easier when you compare them to Facebook. Chefclub is now also active on YouTube, Snapchat (Discover partnership in France and Germany), Instagram and TikTok. The startup says that it is the leader in Europe and Latin America. In the U.S., the company is still in the growth phase — it is close to reaching 1 billion views in the U.S. in 2019.

So how do you turn a successful media strategy into a business? Chefclub is betting heavily on the Direct-to-Consumer wave. The company first started with a recipe book. You can scan QR codes in the book to play the video on your phone. It has sold half a million cookbooks directly on its website.

More recently, Chefclub has introduced Kiddoz, a cooking kit for kids. There’s a book with 20 recipes, easily identifiable measuring cups and an app.

Up next, Chefclub wants to partner with retailers to license its brand and sell branded products. You could imagine buying Chefclub-branded appliances and toys in the near future.

“We have another revenue source that we call ‘the cherry on the cake,’” Thomas Lang said. Chefclub generates revenue from preroll ads on YouTube and other social platforms with revenue-sharing deals. While this is not a focus, Chefclub gets $200,000 in ad revenue per month with no additional effort.

Finally, Chefclub wants to open up content creation to community members. In order to scale its content, Chefclub wants to become a platform that broadcasts user-generated content to other community members.



from Startups – TechCrunch https://ift.tt/35Fuq0J

Comments

Popular posts from this blog

Thousands of cryptocurrency projects are already dead

Two sites that are actively cataloging failed crypto projects, Coinopsy and DeadCoins , have found that over a 1,000 projects have failed so far in 2018. The projects range from true abandonware to outright scams and include BRIG , a scam by two “brothers,” Jack and Jay Brig, and Titanium , a project that ended in an SEC investigation. Obviously any new set of institutions must create their own sets of rules and that is exactly what is happening in the blockchain world. But when faced with the potential for massive token fundraising, bigger problems arise. While everyone expects startups to fail, the sheer amount of cash flooding these projects is a big problem. When a startup has too much fuel too quickly the resulting conflagration ends up consuming both the company and the founders and there is little help for the investors. These conflagrations happen everywhere are a global phenomenon. Scam and dead ICOs raised $1 billion in 2017 with 297 questionable startups in the mix. The

Dance launches its e-bike subscription service in Berlin

German startup Dance is launching its subscription service in its hometown Berlin. For a flat monthly fee of €79 (around $93 at today’s exchange rate), users will get a custom-designed electric bike as well as access to an on-demand repair and maintenance service. Founded by the former founders of SoundCloud and Jimdo , the company managed to raise some significant funding before launching its service. BlueYard led the startup’s seed round while HV Capital (formerly known as HV Holtzbrinck Ventures) led Dance’s €15 million Series A round, which represented $17.7 million at the time. E-bike subscription service Dance closes $17.7M Series A, led by HV Holtzbrinck Ventures The reason why Dance needed so much capital is that the company has designed its own e-bike internally. Called the Dance One, it features an aluminum frame and weighs around 22kg (48.5lb). It has a single speed and it relies on its electric motor to help you go from 0 to 25kmph. And the best part is that you