
UOB FinLab AI Ready Programme Recap
UOB FinLab AI Ready Programme empowers SMEs to adopt and scale AI, with hands-on support from AI Singapore, IMDA, and Microsoft.
In addition to overt marketing via video advertising, the rise of social media – and the changing nature of how we are getting connected to people through it – is changing a key pillar of subtle advertising: word-of-mouth.
Conventionally, Hollywood red-carpets were the place for brands (especially fashion ones) to sponsor the wardrobes of celebrities as a way to showcase their newest creations. While celebrities would have to stop and pose for photo opportunities for the paparazzi, social media influencers can take Instagram photos of multiple wardrobes, apparel and gadgets within a day to show off the products they are sponsored to use.
The status of influencers has now grown to that accorded to celebrities, commanding substantial fees depending on the influencers’ reach. Simultaneously, influencer management agencies have come in to curate this new form of ‘talent’ and besides driving influencer rates even higher, are an added layer in the engagement process. In an ever-growing pool of influencers and wannabes, brands have an increasingly hard time identifying the right influencer that suits their brand message and segment.
This is where Singapore-based Affable comes in to help brands better identify influencers with more relevant reach and with authentic engaged followers, as well as micro-influencers, who have fewer but more engaged followers. The startup, founded by technopreneur Nisarg Shah, uses an AI-powered algorithm to sift through the many influencers across Southeast Asia and recommend them to the right brands, based on past posts, comments and followers mix and engagement rate, thereby helping brands reduce manual effort and guesswork to measure the true reach of influencer marketing campaigns.
In describing the technology behind Affable’s ‘audience filter’, Nisarg said,
“Before you do any kind of a campaign, you want to make sure you work with influencers who have the reach to your target audience.”
“So, we sift through the images that the influencers upload on Instagram and we track the type of audience that was reached. With our proprietary technology, we then give our clients the analytics on the campaign which helps them know whether their money is spent effectively and how they can optimise resources for their next campaign.”
As one of the tech start-ups that joined The FinLab’s programme, Nisarg and his team had the opportunity to talk to SMEs such as International Labs – a distributor of international apparel brands such as Everlast – on why it is worth investing into micro-influencers.
“Today there is a spectrum of influencers,” said Nisarg, “Think of it as a pyramid with the celebrities on the top, and then there is another layer which is macro-influencers who are very popular and expensive. Then, there is another layer below which are micro-influencers. These are people who have 5,000 to 50,000 followers but who are not expensive, whom you should engage as an ambassador or as a spokesperson for your brand. Micro-influencers still work well for small brands as they are most probably selling a niche product.”
If you have a technology solution to help SMEs grow, apply here.
UOB FinLab AI Ready Programme empowers SMEs to adopt and scale AI, with hands-on support from AI Singapore, IMDA, and Microsoft.
Upskilling is the key for SMEs to thrive in a digital and sustainable economy—and UOB FinLab is here to make it happen.
UOB FinLab Indonesia held a series of its UKM SUKSES programmes, benefitting various Indonesian founders. The programme covered various topics such as smart tax strategies, health talks, business solutions, and financial foundations for startups alongside speakers who are experts in their field.
Senior Lecturer, Ngee Ann Polytechnic
Melvin Gan is a senior lecturer at Ngee Ann Polytechnic’s School of Business and Accountancy, where he specialises in sustainability in business management, ESG reporting, digital marketing, consumer insights, and human-centered design thinking. A founding member of the Sustainability Module Team, he has been instrumental in developing specialised curricula such as Corporate Governance and Reporting for Sustainable Business and has contributed to the growth of the Business Sustainability and Digitalisation specialisation.
Consultant & Trainer, CSO Centre
Joyce was former Commercial Director at Climate Impact Exchange (CIX), a global carbon solutions provider established by Temasek Holdings, Singapore Exchange, DBS Bank & Standard Chartered in Singapore. She was hired as part of the founding team and represented CIX in multiple public forums on decarbonisation, market development and green finance.
Joyce has close to 20 years of experience in the financial industry. She has helmed leadership roles at Singapore Exchange, Goldman Sachs and Credit Suisse across various business and operation units. At CIX, she worked with C-Suites, NGOs and financiers on decarbonisation solutions, global carbon market development, as well as alignment with the UN Sustainable Development Goals (SDGs) for long term impact and business resilience.
Consultant & Trainer, CSO Centre
Lance is an FSA Credential Holder and GRI Certified Sustainability Professional. Throughout his corporate career, he has worked at JPMorgan, Citibank and Singapore Exchange. As a marketing and corporate communications consultant, his clients have included DBS, Singtel, UOB, Bank of Singapore as well as many other government organisations, SMEs and startups.
He currently specializes in helping corporates with ESG and sustainability reporting as a trainer and consultant. His courses have been taken by individuals and companies from all over the world and accredited by the Institute of Banking & Finance (Singapore). He is also an associate lecturer with Ngee Ann Polytechnic for various sustainability-related courses.
Designed for business owners to enhance their digital capabilities through practical learning, this programme takes businesses to the next level.
Designed for business owners to enhance their digital capabilities through practical learning, this programme takes businesses to the next level.
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