What Is Content Marketing?
Useful content should be at the core of your marketing
Traditional marketing is becoming less and less effective by the minute; as a forward-thinking marketer, you know there has to be a better way.
Enter content marketing.
"Content marketing is a strategic marketing approach focused on creating and distributing valuable, relevant, and consistent content to attract and retain a clearly defined audience — and, ultimately, to drive profitable customer action".
Instead of pitching your products or services, you are providing truly relevant and useful content to your prospects and customers to help them solve their issues.
The Difference between Content and Content Marketing
Content marketing is not a piece of content. it is not
marketing with content like brochures. It is not a native ad. It is not a
“viral video.”Content marketing means acting like a publisher, consistently creating content that our customers actually like to read and share. Content marketing is how build an audience and attract subscribers who opt-in to allow you into their already over-crowded email inbox.
This is very different from advertising. Advertising means occasionally interrupting the content your audience actually wants, in order to sell them a product or introduce your brand. Many of us opt-out of unwanted advertising. Advertising is not something we typically want to read and share. Advertising is how publishers monetize their traffic.
So look to great content marketing examples like L’Oreal’s Makeup.com, Adobe’s CMO.com and our favorite industry-wide content marketing example like American Express Business Trends and Insights. That site is the largest source of leads for their small business card division.
Imagine you are the content marketing director for your company and you led the creation and management of a program that drove more leads and sales than any other marketing activity. With results you can rack and measure in business terms.
It starts with an understanding that marketing is not about selling, but about the conversation we have with our customers. It continues with investing in content marketing, because the difference between just content and content marketing is the destination.
Content marketing is a marketing technique of creating and distributing valuable, relevant and consistent content to attract and acquire a clearly defined audience – with the objective of driving profitable customer action.
Differences Between Content Marketing and Traditional Advertising
Permissibility
One of the main differences between content marketing and
traditional advertising is that the former is permissive while the
latter is interruptive. Content marketing gives consumers the freedom to
seek out and consume their desired content whenever they want. This
means that they have given marketers permission to reach out to them.
Traditional advertising, on the other hand, often reaches consumers
when they are doing something else, such as watching television,
listening to the radio, or driving. It can distract people from their
current activities or experiences. This marketing approach is also
sometimes implemented in digital marketing efforts, such as pop-ups,
social media ads, and pre-roll videos.Information
Content marketing is currently the preferred marketing
approach because it offers something valuable to consumers. It can
educate readers or viewers about a certain industry, teach them how to
make the right purchasing decisions, or simply entertain them. This can
lead to increased customer engagement and loyalty.
Unlike content marketing, traditional advertising typically
includes only information on the product or service it intends to sell.
Although some traditional advertisements, such as Super Bowl
commercials, also provide entertainment, their main purpose is to
educate consumers on the products that are being sold, such as their
benefits and the methods to purchase them.
Audience
Content marketing seeks to earn its audience by giving
something valuable. Consumers find and view your content because they
want to do so. This means that they choose to be your audience, and you
own them.
In contrast, traditional advertising is usually aimed at a
rented audience. Traditional advertisers pay money to media platforms
with an existing audience to get their messages across to people who use
those platforms. Purchased radio airtime, rented billboard spaces, and
purchased PPC ads are some examples of platforms that are commonly used
for traditional marketing. The disadvantage of renting an audience is
that the audience does not belong to you, and you will eventually have
to give it back once your paid period is over.
Interaction
Content marketing is intended to help you start a
conversation with your potential customers. By sharing value and
conversing with your customers on a consistent basis, you will establish
yourself as a leader in your industry. As a result, they will trust
your brand and eventually decide to buy from you. Content efforts that
are effective in sparking conversations with customers include in-person
events, webinars, and opportunities for user-generated content.
Traditional marketing strategies, such as commercials, only
allow you to have a one-way communication with your customers. They do
not encourage or ask for an immediate response. Traditional marketers
just put information about certain products or services in front of
their target consumers and hope that some of them will make a purchase.
Changeability
Another benefit of content marketing
over traditional advertising is that it enables marketers to hone their
marketing strategies in real time. Marketers can find out which content
strategies are working and invest more time and effort in those
strategies to achieve better results. This can be done using analytics
programs that show different aspects of sales and marketing campaigns as
they are happening, including purchases, clicks, and links.
Traditional marketing campaigns are more static, because
they are difficult to tweak while they are underway. This is especially
so with television and print ads. Marketers have to wait until their
campaigns are over before they can start analyzing the results and make
improvements to their strategies.
Cost
Cost is a major consideration when it comes to choosing a
marketing strategy. When you compare the costs of content marketing and
traditional advertising, you will find that the former is significantly
more affordable. According to an article published in Forbes, content
marketing is 62 percent more cost-effective than traditional marketing and delivers three times as many leads.
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Content Marketing vs. Traditional Advertising: Which Should You Choose?
When you are choosing a marketing strategy, there is no
doubt that you should implement content marketing. It is more effective,
easier to accomplish, and more affordable. Nonetheless, this does not
mean that you should ignore traditional advertising. The best marketers
are those who are able to seamlessly integrate their inbound and
outbound marketing strategies. Create a multichannel marketing strategy
that uses content to narrow down prospective customers to a specialized
group and then employ traditional marketing tactics to convince them to
buy from you.
Whether you choose to reach your target audience
with blog posts, advertisements, newsletters, emails, billboards, or
flyers, you are still sharing content. While content marketing and
traditional advertising both involve the use of content, they have
different fundamental principles, benefits, and effects on consumers. In
order to create a winning marketing strategy, you need to use an omnichannel approach that enables you to leverage the unique benefits of content marketing and traditional advertising.
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