Interview, Webinar
Digital Branding: Lessons from Vogue, Monetizing Social, Creator Tips | Field Notes with Connie Chan
Media Evolution and Business Model Shifts
- Susan Plageman served as the youngest publisher of Cosmopolitan at Hearst in 1998, leading the publication during an era where print circulation was the sole dominant driver of fashion and beauty influence.
- In the pre-internet 1998 market, Cosmo and Glamour defined trends for women aged 18–34, controlling narratives on style and celebrity without digital competition.
- Cosmo operated as a "market maker" in the beauty industry, functioning as the primary acquisition channel for new consumers while retaining older demographics.
- Cosmopolitan pursued a "mega-brand" strategy to scale beyond print, launching three new verticals: Cosmo cruises, Cosmo Español, and Cosmo Girl.
- Cosmo Girl emerged as the only successful expansion, effectively capturing the next generation of the consumer base.
- Post-Cosmo, Plageman oversaw the launch of Marie Claire's first video podcast series in the early 2000s.
- This initiative adapted print content into video format rather than creating video-first, requiring teams to re-report stories specifically for the new medium.
- The early video distribution relied on a low-traffic website, reflecting the limited reach of early digital platforms compared to today's social media ecosystems.
- Early internet adoption in media was characterized by experimentation and a steep learning curve regarding user behavior and content consumption.
- Media executives were initially mesmerized by web capabilities, struggling to understand basic UX norms like the vertical scroll before establishing directional standards.
- Plageman emphasized that successful digital transition required anticipating consumer behavior and actively guiding audiences to adopt new consumption habits.
- Publications faced a fundamental shift in volume requirements, moving from periodic article production to a daily demand for new content to sustain online engagement.
Vogue's Digital Transformation and Strategy
- Upon joining Vogue in 2010, the brand lacked a standalone digital presence; Plageman led the team that built the first dedicated Vogue.com website.
- The website was developed for specific brands rather than a shared platform, requiring a full digital monetization strategy from scratch.
- Plageman facilitated a strategic "learning trip" to Silicon Valley, including editors and business executives, to meet with tech companies to solve specific business and editorial challenges.
- Andreessen Horowitz (Andreessen) was among the first tech firms visited, providing a foundational understanding of technology that informed Vogue's digital strategy.
- Vogue maintained a unified editorial vision for both print and digital platforms, managed by the same editor-in-chief.
- The publication's digital success was attributed to its ability to respond daily to cultural news and trends, a capability not possible in traditional print formats.
- Vogue pioneered early digital video formats, including the first dancing videos, musician features, and high-fashion content like "women running down Park Avenue in ball gowns."
- The team aggressively adopted social media and GIFs, utilizing "genius" wordplay with hashtags to maximize engagement and expand the brand's reach.
- Digital and mobile platforms were used to expand upon print content rather than simply replicating it.
- Major events like the Met Gala May issue were covered in print, while digital channels allowed for deeper exploration and faster updates on the same topics.
- Content strategies were tailored to specific formats, leveraging the interactive nature of the web to speak to readers in ways print could not.
Current Role at WME and Strategic Advice
- Susan Plageman currently serves as President of WME Fashion, overseeing four distinct companies within the portfolio:
- Art and Commerce: A representation firm for photography, hair, makeup, and stylists.
- The Wall Group: A sister representation business for hair, makeup, and styling.
- IMG Models: The global premier modeling agency.
- IMG Fashion and Events: The entity responsible for creating buzz and executing fashion weeks globally (including New York and Australian Fashion Week).
- WME Fashion operates under three core strategic goals:
- Prioritizing talent (artists and models) by articulating meaningful differentiation beyond job placement, focusing on strategy, creativity, and support.
- Moving "upstream" with global fashion, beauty, and luxury brands to anticipate needs and provide solutions before the client identifies the problem.
- Leveraging deep industry expertise to inform creators and companies in adjacent sectors like sports and entertainment.
- Plageman advocates for a problem-solving approach when creators negotiate with brands, advising them to ask targeted questions rather than presenting immediate rates or audience stats.
- Creators should first ask potential partners: "How do you define success?" to identify if the priority is viewership, fame, or revenue.
- Creators should ask: "What are the three most important things you have to do this year?" to align their proposed solutions with the brand's immediate focus.
- This inquiry-based approach allows creators to frame their value proposition around the brand's specific needs rather than their own capabilities.
- Future-facing advice for creators and companies emphasizes self-disruption and brand clarity.
- Entities must not be afraid to disrupt themselves to stay relevant in a rapidly evolving tech landscape.
- Success depends on clearly defining the brand's "lane" or purpose and ensuring all activities reinforce that core identity.
- Plageman asserts that every company, including SaaS or enterprise software, can benefit from developing a "fashion strategy" to enhance emotional connection and storytelling.
- The ultimate value of fashion is defined as an emotional driver that helps individuals "tell their story," a principle applicable across all industries.
- Plageman highlights a significant shift in the digital economy regarding compensation for content.
- She had long advocated for platforms to compensate publishers and creators for the value of their content, a goal she notes is recently gaining traction with platforms being asked to pay.
- She argues that high-quality content from major brands provides significant value to social platforms like Instagram and TikTok, justifying compensation for that curation and creation.