Recent studies have shown that every follower on Instagram is worth an estimated £0.0033. With The Great British Bake Off returning to our screens this month, money.co.uk analysed every finalist from seasons 1-10, to discover how much bread they could earn through Instagram.
With the finalists now in place for the latest season of the show, we looked at which of them had the biggest increase from the beginning of the season to the final week.
Of the three finalists, third place on the Instagram podium goes to Dave, who has still increased his revenue power by a respectable 2,463%, from 605 to nearly 15,000. Whilst Laura takes second place, albeit with the biggest increase at 6515%, from £2.18 to £141.90.
But it’s young star baker Peter who has proven the most popular on social media. Already boasting 1,000 followers at the start of the competition, he has now eked past Laura with 43,000 followers, putting his number at £147.84 per post.
But it isn’t a finalist that is set to benefit the most from their appearance on Bake-Off. Fan favourite Lottie went from just 683 followers to an incredible 116,000. Able to charge just £2.25 for a post before Bake-Off, she can now command a fee around the £382.80 mark, an increase of a staggering 16,984%.
Across the board, the contestants have gone from an average of 696 followers to a whopping 35,000. Increasing their posting power from £2.30 to a whopping £116.24.
Series 2 comes out as one of the fewest success stories for social media, with an average follow count of 19,050 and as a result an estimated ad revenue of £62.87 per post.
On the other end of the scale, Series 6, thanks in part to the huge success of Nadiya, takes the crown, with Series 9 not far behind it. On average these two series have 220,000 followers and ad revenue of more than £700 per post.
Recent seasons have benefitted from the increased viewership and interest in the show, as well as the drastic improvement in Instagram over the same period. The first five years of the show produced an average of 62,000 followers for the finalists, whereas the most recent five have produced an average of 150,000 followers, an increase of 141%.
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We used wikipedia to determine the finalists per season. We then manually retrieved their Instagram handles and follower numbers, before multiplying the number of followers with the estimated value of each follower (£0.0033). This calculation gave us the potential earnings per Instagram post.
Salman is our personal finance editor with over 10 years’ experience as a journalist. He has previously written for Finder and regularly provides his expert view on financial and consumer spending issues for local and national press such as The Express, Travel Daily, and The Daily Star.
Salman is our personal finance editor with over 10 years’ experience as a journalist. He has previously written for Finder and regularly provides his expert view on financial and consumer spending issues for local and national press.