When Seth Godin, the ever popular marketing advisor and blogger said, “The only marketing left is content marketing,” he almost single-handedly stopped marketing in its tracks. I’m glad he did. For those of you who haven’t been around content marketing, we’ll define it as a strategy by which you create and distribute compelling, relevant and valuable content to very specific target audiences with the purpose of driving a profitable action.
So what’s different about that? In the past, it was all about the delivery platform — Web site, TV spot, brochure system and the like — and content followed as a bi-product of the platform. Now, content takes the lead and becomes the single most important attribute in your marketing plan. Here’s why — in a report published by the Custom Publishing Council, 80% of business decision makers said they prefer their information through articles rather than advertisements, 70% stated that content marketing makes them feel closer to the content provider, and 60% said they make product purchasing decisions based on content marketing.
But there’s another reason to jump on board. Content marketing will save you money, and it will probably be more effective than what you’re doing now. As the folks at content distributor Junta42 say, “Think of this — what if your customer looked forward to receiving your marketing?” And to that I add, “Think of this —how about not having to pay the traditional advertising costs?”
So, how does this work? At TMA+Peritus our approach to content marketing, which is a branded product that we call Simpatico™, begins with a content and audience audit for our clients. In your organization, you will need to understand your audiences and what type of information they need and want, and then determine what existing content is usable, what can be repurposed, and what needs to be created as you work toward the first goal of an overall Content Strategy.
The next phase is Content Creation, and trust me, there’s more in your archives than you think. This could be white papers, case studies, videos, articles, photos, news releases, research, trade show materials and more.
Then you will need to determine your Content Delivery Platform, or how are you going to get your content into the hands of your audiences. Will it be through your primary Web site, microsites, Facebook, twitter, Linkedin, private networks, sharing tools or perhaps all of the above? In any event, you will need to develop new channels or optimize existing channels for distribution.
The fourth phase is Content Promotion — think of this in terms of digital and traditional marketing — and consider your content as your newest and greatest product. Promote it through news releases, industry articles, digital ads, on your Web site, though email campaigns, during speeches, at trade shows and within your electronic newsletter. Finally, there’s Content Engagement and Measurement. You’ll need to keep distributing content frequently, and based on how you measure your success, you’ll need to refine your messaging based on different analytics, content consumption ratios and comments. Remember, you can’t manage it, if you can’t measure it.
A friend of mine used to say, “He who controls the data, controls the transaction.” True enough, but times have changed. “She who controls the content, controls the transaction.”
Tom Marks is the President & Managing Partner of TMA+Peritus: A Strategic Interaction Agency. Find them online at www.tmaperitus.com, offline in their offices in Wausau and Madison, or follow them on Twitter@ twitter.com/tmaperitus