Friday 18 January 2019

Record-breaking Instagram egg post could now be worth more than £250,000

The post went viral after people around the world started liking the image to set a world record

The world’s most popular Instagram post could now be worth more than £250,000, if sponsored, according to a leading influencer marketing agency.

As it stands, the @world_record_egg account boasts more than 5.8 million followers, days after gaining more than 40 million ‘likes’ on a stock image of an egg with the caption: “Let’s set a world record together and get the most liked post on Instagram.”

As a result, influencer marketing agency Pulse Advertising & Talent Management estimates the post could now be worth a quarter of a million pounds.

Christoph Kastenholz, co-founder of the agency exclusively tells the Independent that the account’s large number of followers means “the egg now reaches five times as many people as an established brand”.

“At the current market value of followers, the egg could value one single post at £25,000 and possibly more.

"Measured on that basis this post alone would be worth more than £250,000.”

However, Kastenholz points out the value of influencer marketing lies in the trust of a character and not followers alone.

“So far the egg has only created attention, not yet relationships with its followers,” he adds, which may affects its monetary sponsored value on Instagram.

Paulina Paulsen, executive Director at Pulse Advertising & Talent Management adds the egg may now be much more valuable than anybody could have imagined.

She says Instagram has become incredibly lucrative for influencers, who can sell sponsorships and partnerships on their posts.

"With 5.8m followers and rising, this account suddenly has a huge audience and could instantly begin commanding five-figure sums per post," she explains.

While it’s yet to be seen how engaged the followers are with the account, “having just carried it to a world record, the sky is the limit!”

Since the account holder posted the egg image on 4 January, the post has overtaken the 18 million ‘likes’ accrued on a picture of reality star Kylie Jenner’s newborn daughter, Stormi Webster, posted in 2018.

According to the 2018 Instagram Rich List compiled by automated Instagram scheduler Hopper HQ, Kylie Jenner had the most lucrative account on Instagram last year.

The make-up mogul earned an estimated £779k ($1 million) per sponsored post on her Instagram – a 150 per cent increase from her Instagram earnings in 2017.

Meanwhile, singer Selena Gomez is estimated to have earned approximately £623k ($800,000) per post, with footballer Christian Ronaldo in third at £584,000 ($750,000) per post.

Reality star Kim Kardashian and singer Beyoncé’s Instagram posts were valued at £561k ($720,000) and £545k ($700,000) per post respectively.

While the identity of the account holder of @world_record_egg remains unknown, they recently told the Independent that they are “an individual living in London”.

“I wish I could tell you how I managed to get the egg photo to go viral but I’m still working that out myself. It’s been a whirlwind week and I’ve just been running with it,” they said.

(Source: The Independent)

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