In 2024, Instagram stood as the main brand performance driver of London Fashion Week, responsible for 46 percent of the total media impact value. The second channel in terms of London Fashion Week's MIV was web or online, snatching 31 percent of the total. TikTok and Facebook came third, with eight percent of shares.
Distribution of media impact value (MIV) during London Fashion Week 2024, by channel
Media Impact Value™ (MIV®*): Allows brands to assign a monetary value to every post, interaction or article to measure its impact and identify contributions to brand performance across Voices, channels and regions. This single measurement standard lets you compare and understand which strategies create the most media impact across print, online and social by reflecting the audience perspective. The methodology is built on more than 15 years of experience, working with and for Fashion, Lifestyle and Beauty (FLB) brands globally, including China. Finely tuned with AI Machine Learning, the algorithm relies on both quantitative and qualitative attributes specific to the FLB industries (including audience engagement, industry relevance, source authority, and content quality) to ensure overall accuracy and relevance when benchmarking in the growing competitive landscape.
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Launchmetrics. (April 1, 2024). Distribution of media impact value (MIV) during London Fashion Week 2024, by channel [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1261053/distribution-miv-channel-london-fashion-week/
Launchmetrics. "Distribution of media impact value (MIV) during London Fashion Week 2024, by channel." Chart. April 1, 2024. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1261053/distribution-miv-channel-london-fashion-week/
Launchmetrics. (2024). Distribution of media impact value (MIV) during London Fashion Week 2024, by channel. Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1261053/distribution-miv-channel-london-fashion-week/
Launchmetrics. "Distribution of Media Impact Value (Miv) during London Fashion Week 2024, by Channel." Statista, Statista Inc., 1 Apr 2024, https://www.statista.com/statistics/1261053/distribution-miv-channel-london-fashion-week/
Launchmetrics, Distribution of media impact value (MIV) during London Fashion Week 2024, by channel Statista, https://www.statista.com/statistics/1261053/distribution-miv-channel-london-fashion-week/ (last visited December 26, 2024)
Distribution of media impact value (MIV) during London Fashion Week 2024, by channel [Graph], Launchmetrics, April 1, 2024. [Online]. Available: https://www.statista.com/statistics/1261053/distribution-miv-channel-london-fashion-week/