HOW TO MEASURE SUCCESS IN CONTENT...
Transcript of HOW TO MEASURE SUCCESS IN CONTENT...
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HOW TO MEASURE SUCCESSIN CONTENT MARKETINGAn approach to content engagement
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White Paper CreditsWritten by: Stephen Zorio & Brennan Reid Contributors: Leah Betancourt, Aleya Chattopadhyay, Kim Fox, Reuben Tozman.
“Engagement is the reward you get when
you meet the needs of your customers with
pathological empathy for their perspective,
problems, points of view. You get an audience
who relies on you for information or who you
delight with ‘content gifts.’”
— Ann Handley
Chief Content Officer of MarketingProfs
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Content marketing is here to stay.
Ninety-five per cent of CMOs believe
content marketing is important to their
business. Thirty-three per cent said
it was “extremely important.” In fact,
only one person, out of 200, said that
it was not important at all.1
That leads to an essential question:
How do you know it’s working? We
intend to help you answer that question.
1 http://podcasts.socialmediatoday.com/Whitepapers/ The_Speed_of_Life-Fortune_500_CMOs_Share_Priori ties_and_Challenges_for_2014.pdf
01. Introduction
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02. Background
“Content marketers need to ask themselves the
question, ‘How will we know if we are succeed-
ing?’ I can tell you it probably doesn’t relate to
how many ‘likes’ a post received.”
— Amanda Clark
source
A goal of communication, since the dawn of humankind,
has been to persuade. Content marketing is a contin-
uation of that idea, i.e. persuading people to trust your
brand. Content marketing, as a form recognizable to us
today, began in 1895 with the publication of The Furrow,
a customer magazine created by John Deere (still
published today).2 It started a new trend, with Michelin
releasing their famous travel/automotive guide in 1900 and
Jell-O releasing a recipe book in 1904.3
Jump ahead through the years and you can find examples
of brands taking advantage of content marketing in a variety
of different mediums across multiple platforms, and even
in real time. The importance of content marketing is an
accepted fact. Demonstrating that it’s successful — in mean-
ingful ways that matter to C suite executives — is where the
real challenge lies.
2 http://contently.com/strategist/2013/10/03/the-story-behind-the-furrow-2/
3 http://todaymade.com/blog/history-of-content-marketing/
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The rise of social media like Facebook,
Twitter and Instagram birthed an equiva-
lent focus on (or obsession with) virality
and the clicks, likes, re-tweets and
shares that come with it. Getting a click,
like, or a retweet has some value, but the
question today’s content marketers need
to ask is not, “Did I get some interac-
tion?” but instead: “What is the value of
that interaction?”
“Likes” have an intrinsic value. It
is better to have more likes than
fewer, but tying a like to a busi-
ness goal is extremely difficult.
A 2012 BBC experiment found a non-ex-
istent business about virtual bagels
drew nearly 3,000 likes in four days.4
Facebook’s own algorithm changes are a
tacit admission that the presumed value
of a like had outpaced its real-world value.
You can extend that to favorites, re-tweets,
impressions, page views: Unless you know
the value of the metric you’re using, it’s
not doing you any good — and may
actually be hurting. Touting a metric
without knowing how it links to your
business goals means you’re wasting time
and resources.
Content marketing is about creating
connections in meaningful and lasting ways
that tie into your business goals. A like is
just one of the ways to express interest, but
it’s ultimately a fairly shallow measurement.
02.AThe Modern Challenge
4 http://www.bbc.com/news/technology-18819338
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“I believe content marketers are getting smarter at what
they’re doing, and better tying content to buyer’s journey
and all that. But unless they can start measuring that
FDXVH�DQG�H̆HFW��LW�ZLOO�EH�LQFUHDVLQJO\�GL̇FXOW�WR�MXVWLI\�additional investments moving forward.”
— Matt Heinz
President at Heinz Marketing Inc.
source
It is useful to think about what metrics actually achieve. In one end of the pool are clicks, likes, favorites,
retweets, pageviews, loops, plays — anything that can be done almost without thought.
These metrics are useful in that they represent an interaction,
but they have questionable value because they only represent
an interaction. In other words, you can favorite something or
play a video or visit a site and do nothing further whatsoever.
Like floating on water, these are passive activities and do
almost nothing to drive people down the conversion funnel.
At the other end of the pool are active metrics. Page views repre-
sent an intentional decision to consume something beyond a single
interaction. Return visits are a sure sign that content strategy is
paying off, as are shares. Broadly, the more time people spend with
your content, aka the more engaged they are, the more likely they
are to interact with it and convert in meaningful, measurable ways.
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“Search engines have killed content farms for a good reason; they ZHUH�SXPSLQJ�RXW�EDG�FRQWHQW�WKDW�ZDV�FUHDWHG�VSHFL¿FDOO\�WR�UDQN�on specific keywords that their business was interested in. That VWUDWHJ\�LV�QR�ORQJHU�H̆HFWLYH�DQG�GRHV�QRW�PDNH�VHQVH�DQ\PRUH�´
02.BTypes of Measurement
— Jason Miller
Senior Manager, Content Marketing
Marketing Solutions at LinkedIn
source
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³7KHUH�DUH�GL̆HUHQW�ZD\V�WR�VRUW�RI�VOLFH�LW�LQ�WHUPV�RI�ZKDW�your priorities are. But at the end of the day, you’re looking for evidence that what you’re making is resonating.”
— Nathan Lump
Editor, Travel + Leisure at TIME Inc.
source
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Content engagement aims to create a relationship between
an audience and the brand itself. Too many marketers look
at engagement with tunnel vision, focusing on social media
likes or retweets. ”How to Increase Your Social Media Click-
Through Rates,” reads a blog headline; it’s the fourth Google
result when “content engagement” is plugged into the search
bar. It misses the point of content engagement — it’s about
creating a relationship beyond social media, into real life.
Content engagement is broad. It’s social media shares, it’s
comments on a piece of content, it’s pageviews, it’s the
length of time on a page and it’s word of mouth. Given the
sheer scope of engagement and the alphabet soup of digital
metrics, how can you drill down to determine the benchmarks
that make your content successful?
02.CDefining Engagement
“Engagement has to be a means to an end. You have to be engaging for some greater purpose otherwise you’re just
wasting time and money.”
— Jay Baer
Speaker and Best-Selling Author
source
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Engagement requires planning, creating, tracking, gathering,
analyzing and nurturing. We can show you which metrics are
important, and how to keep track of them, but it’s essential
that you first have a clear understanding of what it is you want
to achieve.
03. The Path To Success
“At the core of your content strategy, you should be
creating content to tell your brand’s story, answer
a customer’s question and alert them to solutions of
problems they may not even know they have.”
— Jason Miller
Senior Manager, Content Marketing
Marketing Solutions at LinkedIn
source
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Once you have buy-in from the necessary stakeholders on
your company goals, then the real challenge (and fun) begins.
³,W�DOO�FRPHV�GRZQ�WR�\RXU�VSHFL¿F�EXVLQHVV�JRDOV�²�DQG�WKHQ�you need to create the metrics from there. Your organization’s
team members need to be on the same page of what is important
and then track to those metrics.”
— Michele Linn
Content Development Director
Content Marketing Institute
source
03.ACreating the Right Kind of Content
First, you need an audience to engage with. This is challenging, but building up a readership or viewership through good, relevant content is the very first step.
You have to decide how frequently to publish and the
mediums you publish in, but again, creating content is the
very first step. (You can also curate content, and there are
some good reasons to do that too.) However, while static
content is an essential part of finding an audience, real time
content gives you more bang for your buck.
A study by researchers at City University of London showed
that people stay on dynamic content web pages for five times
the amount of time they spend on an average page.5 People
engage more when looking at real time content, with up to
25 per cent more audience contributions.6 This can only be a
good thing for brands. 7 But live content (or any content) that
isn’t measured against your goals is of no value. You need to
know whether it’s working.
5 http://www.scribblelive.com/new-research-shows-liveblogs-increase-user-engagement/
6 KWWS���ZZZ�VFULEEOHOLYH�FRP�KRZ�EUDQGV�FDQ�EHQH¿W�IURP�XVHU�SDUWLFLSDWLRQ�WRR�
7 http://www.dmnews.com/take-a-holistic-view-of-measuring-customer-engagement/arti cle/335417/
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“An investment in content is also an investment in your clients and potential customers.
When done correctly, (i.e. creating resources that can help solve their pain points, not
resources that focus solely on selling your product), you become a valuable resource to
them. This helps build goodwill and trust in your brand.”
— Jenna Hannington
Marketing Content Specialist at Pardot
source
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³1HWÀL[�XVHG�WR�EH�D�SODWIRUP�WR�ZDWFK�PRYLHV�RU�79�VKRZV�²�WKH�SUREOHP�KHUH�LV�WKDW�LQ�WKLV�FXUDWLRQ�PRGHO��WKDW¶V�H[DFWO\�ZKDW�WKH\�ZHUH�GRLQJ���WKHUH�ZHUH�RWKHU�FRPSDQLHV�WKDW�VSUXQJ�XS�WKDW�GLG�WKH�H[DFW�VDPH�WKLQJ��6R�ZKDW�1HWÀL[�GLG�ZDV�VWDUW�FUHDWLQJ�RULJLQDO�FRQWHQW�WKDW�was owned by them, i.e ‘House of Cards’, ‘Orange is the New Black’. This made people choose
1HWÀL[�RYHU�RWKHU�FXUDWLRQ�FRPSHWLWRUV��7KLV�LV�ZKDW�D�VXFFHVVIXO�FRQWHQW�PDUNHWLQJ�VWUDWHJ\�VKRXOG�GR�²�LQFUHDVH�OR\DOW\�EHFDXVH�SHRSOH�NQRZ�WKH\�KDYH�WR�FRPH�WR�<28�WR�¿QG�WKH�RULJLQDO��creative content or information they are searching for.”
— Amanda Clark
CEO of Grammar Chic Inc.
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At ScribbleLive, we believe the most valuable metric of all is what we define as User Engagement Minutes, or UEMs.
UEMs represent the amount of time a person has spent
engaging with your content, and is the backbone of
content engagement. You are competing for attention in a
world filled with countless demands. The longer you can
keep someone engaged on your site, the better your odds
of achieving your goals, regardless of what they might be.
03.BTracking
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³%HOPRQW�6WDNHV�'D\�ZDV�RXU�¿UVW�H[SHULHQFH�XVLQJ�WKH�6FULEEOH/LYH�SODWIRUP��DQG�ZH�FRXOG�QRW�KDYH�JRWWHQ�R̆�WR�D�EHWWHU�VWDUW��$XWRPDWLFDOO\�FXUDWLQJ�NH\�FRQWHQW�FUHDWHG�D�FRQYHQLHQW�³RQH�VWRS�VKRSSLQJ´�H[SHULHQFH�IRU�RXU�IDQV��ZKR�responded by staying on the site in record numbers for prolonged durations.”
Nicholas Aquilino
Creative Services Supervisor
New York Racing Association
Avg Time On Page
26 MINUTES
Total UEMs
11,402,825
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Content engagement is holistic. UEMs are the lodestar, but there
are a number of things that can feed that overall metric, including
average time on page, shares, conversion rate and more. Those
measurements allow marketers to be far more effective and react
in real time to quantifiable data.
“An important thing to keep in mind is that each piece
of content you create is an investment.”
— Jenna Hannington
Marketing Content Specialist at Pardot
However, you also need to gather those metrics in such a way
that they are immediately available and allow you to draw conclu-
sions, in both real time and historical fashion. It’s not enough to
simply know the stats, you need to know how they compare to the
past day, week, month and year. You need to know which metrics
are flat, which are spiking and which are falling in order to shape
strategy accordingly.
03.CGathering
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Compiling the metrics that matter to you in a single place is
essential to content marketing success. You must be able
to (quickly) assess what’s working, what’s not and what your
audience is hungry for when it comes to content. You can use
that data to ask smarter questions and get answers that allow
you to not just react, but to predict need. You can be certain that
the investment you make in content is paying off in ways that are
important to both your business goals and your clients’ needs,
short-term and long-term.
³7KHUH�DUH�GL̆HUHQW�ZD\V�WR�VRUW�RI�VOLFH�LW�LQ�WHUPV�RI�ZKDW�your priorities are. But at the end of the day, you’re look-
ing for evidence that what you’re making is resonating.”
— Nathan Lump
Editor, Travel + Leisure at TIME Inc.
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When you have an overall view of your metrics, you
can begin to break down how your content is doing
engagement-wise. You’ll have to carefully weigh the
successes of each piece of content depending on your
individual marketing strategy.
“[What] we as marketers should be striving for, is
to create the optimal conditions across every part
of the engagement opportunity or funnel. Basi-
cally, everywhere a customer is going to have an
HQJDJLQJ�H[SHULHQFH�ZLWK�XV�RU�FUHDWH�WKH�RSWLPDO�environment for that to happen.”
— Robert Rose
Chief Strategist at the Content Marketing Institute
source
03.DAnalyzing & Nurturing
Buyers complete 70% of their journey before ever contacting sales.
— Oracle Eloqua, The Grande Guide to sales Enablement
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Creating content without a clear sense of
what that content is meant to achieve is a
wasted investment. To that end, ScribbleLive
allows you to set “content goals” for every-
thing you publish. Are
you hoping to gather
more email addresses
or names or phone
numbers or job titles?
Or is it more important to get them to click on
a specific link? Using “content goals” lets you
know precisely which types of content are best
suited to realizing those goals.
Individual audience profiles are when things
get interesting and useful. By gathering a
single user’s metrics into one place, you can
analyze their level of engagement and deter-
mine a path analysis that translates to the
sales process. The more engaged a prospec-
tive client is, the further down the sales
process they are likely to go.
You can determine which pieces of content
they’ve interacted with — whether they’re
more inclined to take a poll or leave a
comment or share a Tweet — and then use
that information to tailor their experience in a
way that, again and again, works to anticipate
their needs.
The more engaged a prospective client is, the further down the sales process they are likely to go.
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This can help you identify leads and continue to
nurture a relationship with a prospect. What content
does a high-value prospect seem to enjoy? Sending
along preferred content can help foster a growing
relationship, which could potentially lead to sales.
The more directly you can link the content you
create to prospects and sales, the easier it is to
demonstrate the real-world value of the work you do.
“Measurement is an evolving process…
FRPSDQLHV�DUH�DOZD\V�UH¿QLQJ�KRZ�WKH\�DUH�measuring and reporting ROI.”
— Michele Linn
Content Development Director
Content Marketing Institute
source
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At ScribbleLive, we take the same approach that’s outlined here. We give you the tools to
create real time content that engages audiences better and for longer. We help you track
the content metrics that are specific to your needs, as well as audience profile metrics
that follow clients from one interaction to the next. We empower brands and marketers to
create and refine data-driven, smart and effective strategies that target specific goals in
efficient, measurable and repeatable ways.
04. ScribbleLive’s Approach
³7KH�FRQWHQW�HQJDJHPHQW�VWUDWHJ\�LV�D�ZD\�WR�GL̆HUHQWLDWH�EH\RQG�WKH�IHDWXUHV�RI�\RXU�SURGXFW�WKURXJK�FUHDWLQJ�LQWHUHVWLQJ�FRQWHQW�WKDW�PD\�LQGLUHFWO\�KDYH�VRPHWKLQJ�WR�GR�ZLWK�\RXU�FRPSDQ\�²�LW�PD\�LQGLUHFWO\�KDYH�VRPH-
WKLQJ�WR�GR�ZLWK�\RXU�SURGXFWV�²�EXW�GH¿QLWHO\�KDV�D�ORW�WR�GR�ZLWK�WKH�DXGLHQFH�\RX¶UH�WU\LQJ�WR�WDUJHW�DQG�ZKDW¶V�RI�LQWHUHVW�WR�WKHP��7KURXJK�FUHDWLQJ�WKDW�VWUDWHJ\��\RX�VWDUW�WR�GL̆HUHQWLDWH�\RXU�EUDQG�´�
— Vincent Mifsud
CEO of ScribbleLive
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