Content Marketing - A CMO's View (w/o speakers notes due to PDF upload)

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The voice of the customer plays an increasingly important role in the development and use of timely and relevant content – “Content Excellence." Developing the right content strategy to drive the desired outcome requires, once again, that we exercise new muscles and build new behaviors.

Transcript of Content Marketing - A CMO's View (w/o speakers notes due to PDF upload)

Rod BrooksVice President & Chief Marketing Officer, PEMCO Mutual Insurance Company

Immediate Past Chairman - 2011Word of Mouth Marketing Association

• Integrity• Responsibility• Courage

Content intended to reflect brand

Helpful

Timely

Passionate Edgy

Curious

Engaging

• Integrity• Responsibility• Courage

Our Vision

PEMCO is the Northwest insurance companythat “gets it.” An organization that’s great to do business with, one that shares the values of those who live here, one that’s genuinely likeable. It’s the first choice of responsible people.

PEMCO Gets

It!– Voice of the Customer

• Integrity• Responsibility• Courage

What do you see?

“What do you see”

"The Lesson"

So what’s new?

Stay focused!

Keep the main thing, the main

thing!NEW

Health & fitnessWriting & sharing

Meaningful connections

• Integrity• Responsibility• Courage

Health and fitness

I’m resolved to remain

standing on the scale until I lose weight!

• Integrity• Responsibility• Courage

Passion and metrics aren’t enough

I’m resolved to change what I

do NOW in order lose

weight!

• Integrity• Responsibility• Courage

Embrace continuous learning

• Integrity• Responsibility• Courage

Five Principals: Word of Mouth Marketing

• Integrity• Responsibility• Courage

Creating content

• Integrity• Responsibility• Courage

Creating content

• Integrity• Responsibility• Courage

Cogs of “content excellence”

Motivating

Language

Listen

Listen

Listen

Positive Thought

InformativeInteresting

TimelyRelevant

Entertaining

Engaged

• Integrity• Responsibility• Courage

Human approach

• Integrity• Responsibility• Courage

Human Approach

Social MediaVoice of the Company

Top-Down Control

Company-Generated Messages

Infrequently Updated

Socially EngagedVoice of the Customer

Bottom-Up Messaging

Consumer-Generated Messages

Continuously Updated

• Integrity• Responsibility• Courage

Human approach

Social MediaVoice of the Company

Top-Down Control

Company-Generated Messages

Infrequently Updated

Socially EngagedVoice of the Customer

Bottom-Up Messaging

Consumer-Generated Messages

Continuously Updated

• Integrity• Responsibility• Courage

Social engagement mantra

“PEMCO’s success depends on the

positive opinion of people like me.

They listen, participate,

encourage and enable me to

share with others.”

• Integrity• Responsibility• Courage

The content continuum

Received

ValuedUtilized

Share

dU

ndersto

o

d

Selfless+Inspiring +

Compassionate=HUMAN

• Integrity• Responsibility• Courage

Are your marketing pants on fire?

76% of consumers believe companies are

untruthful intheir advertising.

source | Bold Mouth’s “Perceptions, Practices, and Ethics” report (2006)

• Integrity• Responsibility• Courage

Are your marketing pants on fire?

source | Bold Mouth’s “Perceptions, Practices, and Ethics” report (2006)

Advertised In Reality

• Integrity• Responsibility• Courage

Are your marketing pants on fire?

source | Bold Mouth’s “Perceptions, Practices, and Ethics” report (2006)

Advertised In Reality

• Integrity• Responsibility• Courage

Trust lives in the community.

78% of global consumers say they

trust recommendations from other consumers

source | Nielsen’s “Trust in Advertising” Report (2007)

• Integrity• Responsibility• Courage

Moving from money to mouth

source | PEMCO Mutual Insurance Co, “Market Metrics – 2010”

Reason 2001 2002 2005 2007 2008 2009 2010

Price60% 62% 50% 50% 36% 40% 33%

Referral and/or

Recommend10% 12% 17% 20% 22% 22% 32%

• Integrity• Responsibility• Courage

Making meaningful connections

• Integrity• Responsibility• Courage

We are what they say we are!

The people who“link, like, and list”

us are among abrands most valuable

marketing assets.

• Integrity• Responsibility• Courage

Dream big!

BHAG

BIG HAIRY AUDACIOUS GOAL

• Integrity• Responsibility• Courage

Dream big!

BHAG

BIG HAIRY AUDACIOUS GOAL

Aw

are

ness

Advoca

cy

Awareness to Advocacy

Filling The Gap With ContentTouch points to talking

points.

Aw

are

ness

Perc

epti

on

Pre

fere

nce

Sele

ctio

n

Renew

al

Refe

rral

Advoca

cy

“I know you”

Initial: “I Know You” – Low Engagement 1) Familiar 2) Assessing & Evaluating 3) Consideration

Aw

are

ness

Perc

epti

on

Pre

fere

nce

Sele

ctio

n

Renew

al

Refe

rral

Advoca

cy

“I like you”

Transaction: “I Like You” – Moderate Engagement 1) Functional 2) Transactional 3) Expectations met

Aw

are

ness

Perc

epti

on

Pre

fere

nce

Sele

ctio

n

Renew

al

Refe

rral

Advoca

cy

“I like you”

Transaction: “I Like You” – Moderate Engagement 1) Functional 2) Transactional 3) Expectations met

Aw

are

ness

Perc

epti

on

Pre

fere

nce

Sele

ctio

n

Renew

al

Refe

rral

Advoca

cy

“I love you”

Mature: “I Love You” – Active Engagement 1) Loyal 2) Relationship based 3) Recommendation behavior

Aw

are

ness

Perc

epti

on

Pre

fere

nce

Sele

ctio

n

Renew

al

Refe

rral

Advoca

cy

“I defend you”

Mature: “I Defend You” – Active Engagement 1) Affinity 2) Proactive defender 3) Collaborative

Awareness

Percep

tion

Prefere

nceSelection

Referral

Re

new

al The Advocacy

Engine

Awareness

Percep

tion

Prefere

nce

Referral

Re

new

al

Fuel the Advocacy

Engine with timely

and relevant content and

conversations consistently

and regularly.

Awareness To Advocacy

• Integrity• Responsibility• Courage

And remember…

BORING

“Advertising is the

price companies pay for

products and services!”

• Integrity• Responsibility• Courage

Let’s connect!

Twitter: @NW_Mktg_Guy

Facebook:Rod Brooks

Linked In: Rod Brooks

Blog: www.rodbrooks.com