30752 - THE CREATOR ECONOMY: STRATEGY, MONETIZATION, AND IMPACT
Department of Marketing
Course taught in English
MAXIMILIAN BEICHERT
Suggested background knowledge
Mission & Content Summary
MISSION
CONTENT SUMMARY
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	Introduction to the Creator Economy - 
		Definition, size, revenue, and key statistics 
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		Evolution: historical milestones, technological shifts, economic and societal trends 
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		Characterization: low entry barriers, competitive landscape, long-tail dynamics 
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		Key players framework: influencers vs. creators, consumers, brands, platforms 
 
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	Platform Dynamics - 
		Platform purpose and infrastructure: enabling value‐creating interactions, governance models 
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		Platform vs. pipeline: network effects, scalability, data-driven feedback loops 
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		Role in creator economy: content creation support, management tools, monetization overview 
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		Major platforms (YouTube, Instagram, TikTok, Twitch): content fit, user goals, platform biases 
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		Algorithmic curation: discovery mechanisms, filter bubbles, matching value, bias and aversion 
 
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	Monetisation Strategies - 
		Direct vs. indirect models: subscriptions, ad revenue, sponsorships, merchandise 
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		Creator’s dilemma: balancing monetization tactics with authenticity and audience trust 
 
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	Building a Personal Brand - 
		Creatorship as entrepreneurship: motives, typologies (hobby, professional, niche, celebrity) 
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		Key drivers: infrastructure, financial support, individual traits (creativity, resilience, experience) 
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		Branding principles: authenticity, engagement, niche content strategies 
 
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	Role of Brands and Marketers - 
		Collaboration models: sponsored content, performance-based fees, affiliate partnerships, co-creation 
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		Luxury industry focus: heritage, exclusivity, brand-creator alignment 
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		Impact measurement: reach, impressions, engagement, conversions, ROI, earned media value 
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		Tools and dashboards: platform analytics, third-party trackers 
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		Case studies: successful (e.g., Loro Piana & Gstaad Guy) and failed collaborations 
 
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	Economics of Influence - 
		Influencer tiers: nano, micro, macro, and their relative power 
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		Pricing strategies, benchmarks, and comparisons 
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		Virality dynamics: content performance metrics and determinants 
 
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	Matching Platforms - 
		Framework for aligning creator goals with platform features 
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		Criteria: audience demographics, content format, algorithmic tendencies 
 
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	Impact on Traditional Industries - 
		Consumer behavior shifts: bypassing search engines, media and advertising disruption 
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		Creator-driven changes: fashion, beauty, tech, entertainment (and optional sports/journalism) 
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		Strategic discussion: vulnerability of legacy players, potential for creator-led models 
 
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	Legal and Regulatory Challenges - 
		Transparency and disclosure guidelines; regional differences (EU, US, China) 
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		Copyright, licensing, and intellectual property considerations 
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		Platform policies and content moderation frameworks 
 
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	Emerging Trends - 
		AI in content creation: personalization, trust concerns, deepfakes, ethics, EU AI Act implications 
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		Virtual influencers and digital twins; debate over AI disclosure badges 
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		Web3 and decentralization: creator-owned platforms, tokenization, and future ecosystem models 
 
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Intended Learning Outcomes (ILO)
KNOWLEDGE AND UNDERSTANDING
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	Introduction to the Creator Economy: Describe the key concepts, historical evolution, and economic significance of the creator economy. 
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	Platform Dynamics: Explain how digital platforms leverage network effects, algorithmic curation, and open infrastructures to shape content distribution and value creation. 
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	Monetisation Strategies: Identify and compare major monetisation models available to creators—such as subscriptions, advertising, sponsorships, and merchandise—and evaluate their benefits and challenges. 
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	Building a Personal Brand: Analyze the principles of personal branding and the individual, environmental, and strategic drivers that contribute to entrepreneurial success in the creator ecosystem. 
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	Role of Brands and Marketers: Evaluate different collaboration models between brands and creators (e.g., sponsored content, affiliate partnerships, co-creation) and assess their effectiveness using relevant performance metrics. 
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	Economics of Influence: Discuss the economics of influencer tiers (nano, micro, macro), pricing benchmarks, and the factors that drive virality and content performance. 
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	Impact on Traditional Industries: Assess how the creator economy disrupts legacy industries (e.g., fashion, media, beauty) and articulate strategic responses for established firms. 
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	Legal and Regulatory Challenges: Summarize the key legal, regulatory, and ethical considerations—such as transparency, intellectual property, and platform moderation—that affect content creation and influencer marketing across different regions. 
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	Emerging Trends: Appraise emerging developments (e.g., AI in content creation, Web3 decentralisation) and anticipate their potential implications for future creator-driven markets. 
APPLYING KNOWLEDGE AND UNDERSTANDING
- Analyze platform features and user data to recommend optimal distribution channels for specific content goals.
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	Develop a comprehensive monetisation plan that balances revenue objectives with audience engagement and authenticity. 
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	Design a personal branding strategy by identifying key differentiators, target niches, and content themes. 
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	Evaluate brand–creator collaboration proposals using performance metrics (e.g., reach, engagement, ROI) to determine strategic fit. 
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	Assess the legal and ethical implications of influencer campaigns, ensuring compliance with disclosure, copyright, and platform policies. 
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	Apply economic principles to estimate pricing benchmarks for influencers across nano, micro, and macro tiers. 
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	Use analytics tools (e.g., platform dashboards, third-party trackers) to interpret content performance data and iterate on creative strategies. 
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	Collaborate effectively within a team to develop and present a mock creator-driven marketing campaign, demonstrating clear communication and role delegation. 
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	Critically reflect on emerging trends (AI, Web3) to forecast potential impacts on creator-driven business models. 
Teaching methods
- Lectures
- Guest speaker's talks (in class or in distance)
- Practical Exercises
- Individual works / Assignments
- Collaborative Works / Assignments
- Interaction/Gamification
- Competitions/Hackathons
DETAILS
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	Lectures: Instructor-led presentations to introduce core concepts, frameworks, and theoretical foundations. 
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	Case Study Discussions: Analysis of real-world brand–creator collaborations and platform strategies to connect theory with practice. 
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	Guest Speakers & Industry Panels: Insights from active creators, platform representatives, and marketing professionals on current trends and challenges. 
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	Workshops & Hands-On Exercises: Guided sessions where students experiment with analytics dashboards, content‐creation tools, and monetisation models. 
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	Group Projects: Team-based assignments, such as developing a mock creator campaign or platform‐matching proposal, to foster collaboration and project management skills. 
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	Seminar-Style Debates: Student-led discussions on emerging topics (e.g., AI ethics, Web3) to encourage critical thinking and articulation of diverse viewpoints. 
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	Peer Review & Feedback Sessions: Structured critique of classmates’ personal branding plans, content prototypes, and campaign proposals to develop communication and evaluative abilities. 
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	Online Modules & Discussion Forums: Self-paced readings, video modules, and asynchronous forum discussions to reinforce concepts and accommodate remote or hybrid learners. 
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	Simulations & Role-Playing: Scenarios where students assume roles (e.g., influencer, brand marketer, platform moderator) to practice negotiation, briefing, and compliance decision-making. 
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	Presentations: Individual or group presentations of research findings, strategy proposals, or case analyses to hone public speaking and storytelling skills. 
Assessment methods
| Continuous assessment | Partial exams | General exam | |
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ATTENDING STUDENTS
Assessment & Weighting
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	Final Exam (55%): Closed‐book test covering core concepts and frameworks (ILOs: knowledge). 
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	Group Project (25%): Monetization strategy + presentation (ILOs: application). 
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	Individual Assignments (20%): Case analysis reports (ILOs: application, understanding). 
Group Projects
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	What & How: Teams develop a creator monetization strategy. 
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	Attending: In‐class teamwork; in‐person presentations. 
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	Verification: Project deliverable and strategic design (ILOs: applying). 
NOT ATTENDING STUDENTS
Assessment & Weighting
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	Final Exam (55%): Closed‐book test covering core concepts and frameworks (ILOs: knowledge). 
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	Group Project (25%): Monetization strategy + presentation (ILOs: application). 
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	Individual Assignments (20%): Case analysis reports (ILOs: application, understanding). 
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Group Projects
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	What & How: Teams develop a creator monetization strategy. 
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	Non‐Attending: (Individual) Video presentations + detailed business plan outline. 
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	Verification: Project deliverable and strategic design (ILOs: applying). 
Teaching materials
ATTENDING AND NOT ATTENDING STUDENTS
All required academic articles, white papers, and case studies will be compiled and shared by the instructor.
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	Before Week 1: An email with a syllabus attachment (PDF) listing all mandatory journal articles. 
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	Throughout the Semester: Additional readings (e.g., recent industry reports, guest-speaker slide decks) will be posted online at least one week before the corresponding lecture. 
