Shauna Lewis
Jul 18, 2023

Gary Vaynerchuk: Facebook Reels is 'most underused medium for reach

The VaynerMedia founder tells Campaign the platform has a "huge" younger audience that is being overlooked.

Gary Vaynerchuk
Gary Vaynerchuk

AI has been the word on everyone’s lips lately, but VaynerX and VaynerMedia founder Gary Vaynerchuk has come out in favour of the OG disruptor medium: Facebook.

Speaking to Campaign, Vaynerchuk said: “I think Facebook Reels right now is one of the most underpriced organic reach creative models in the world.”

He added that “millions and millions” of people are consuming Facebook Reels but “no one is talking about it”.

In fact, he added, the industry has leaned too far away from it because it thinks people are going to other platforms.

However Vaynerchuk has a well known online presence with 10.1 million followers on Instagram, 3.1 million followers on Twitter and 6.2 million followers on Facebook.

As a content creator, Vaynerchuk said he is always testing different media to see where content works well.

Despite his biggest following being on Instagram, Vaynerchuk said his growth on Facebook has been “huge” in comparison to the other two platforms.

He added that he was “stumped” initially, but even more surprised when he realised his largest growing demographic on Facebook was the 18-25 age range.

From Vaynerchuk’s perspective, Reels is perhaps the most exciting medium right now and, although he is looking forward to the “positive change” AI could bring, he is resolute it will also bring “negative change” just like “every piece of technology”.

Campaign spoke with Vaynerchuk before the launch of Threads, Meta's answer to Twitter. Soon though, Meta will also be monetising Facebook Reels. Currently, the platform's Reels are not universally monetised but have been beta tested with limited partners.

Vaynerchuk has not yet approved the use of generative AI in VaynerMedia because he is concerned about copyright and trademark.

For him, the world is only just "realising that brand is being built on social" and, in this case, the tried-and-tested methods are the ones to stick with.

Source:
Campaign UK

Related Articles

Just Published

10 hours ago

Tech On Me: Are Chinese tech giants doing enough to ...

In this week's edition: Chinese social media platforms take on xenophobia, Australia looks to prevent teens from using social media, Meta's plans to introduce generative AI into the metaverse, among other tech news in the region.

11 hours ago

Samsung’s new global campaign taps travel bug to ...

The work by BBH Singapore shows how new AI features in the Galaxy S24 like 'circle to search' turn travel photos into mobile tools.

11 hours ago

Agency Report Cards 2023: We grade 31 APAC networks

Campaign Asia-Pacific presents its 21st annual evaluation of APAC agency networks based on their 2023 business performance, innovation, creative output, awards, action on DEI and sustainability, and leadership.

11 hours ago

Agency Report Card 2023: Wavemaker

With a sharp ascent to the top spot in Campaign’s Media rankings for 2023, Wavemaker had a solid year of performance even amidst an uncertain economic landscape.