Lithium Klout Marketers Guide Paid Earned Owned Media
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Transcript of Lithium Klout Marketers Guide Paid Earned Owned Media
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1The Marketers Guide to Paid, Owned & Earned Media
Social has had a signicant impact on consumer purchasing behavior. As a result marketers are changing the way they approach the creation and distribution of content. Learn how to improve campaign results and build integrated content channels that not only signicantly increase brand lift, but also build advocacy and community amongst consumers.
The Evolution of the Content Ecosystem
Content has always been top of mind for marketers, but how it's been created and
distributed has evolved over time. Year after year, new trends and technologies emerge
that enable marketers to reach their audience in new ways. It used to be that owned media
(i.e. website content, blog posts, etc.) was the primary content marketing channel, then
brands began adding paid media to their strategies to gain greater scale. Marketers quickly
learned how to integrate and optimize these two channels, seeing tremendous potential in
their ability to reach a broader audience of new consumers. The recent rise in social has
triggered another change in the content ecosystem. Consumers today are more connected
than ever before and this has resulted in two massive changes that affect consumer
purchasing behavior.
The rst change is that as consumers spend more and more time online, they have become accustomed to being inundated by messages from brands on a daily basis. In fact, studies
have shown that the average user is exposed to thousands of ads per day (NY Times), but they never actually see them. A result of banner blindness, a term that advertising
professionals are becoming all too familiar with. A recent study found that 60% of
participants couldnt recall the last display ad they saw and nearly 80% felt recent ads they
saw were not relevant to them (Media Post). Additionally, even if an ad manages to break through the consumers blinders and be seen, only 33% of consumers trust ads (Nielsen). Even Facebook is not immune to banner blindness. While their ads typically cost more
than a traditional banner ad, a study that looked at 11k campaigns found that the
average click-through rate for Facebook ads was $0.063% - half the industry standard
of .1% (Webtrends).
This leads into the second change affecting consumer purchasing behavior. As consumers
become more connected via social they are tapping into their networks for more
information. Consumers actively seek out peer recommendations to differentiate products
and make purchasing decisions. As well as to nd and share event related information. While
they may have done this for years, they are now able to reach an even larger network and do
so faster than ever. In fact, according to MarketForce, 81% of consumers are inuenced by their friends posts on social media when making purchasing decisions.
The evidence continues to stack up, proving that its time for marketers to rethink their
approach to content creation and distribution if they are going to stay ahead of this
tremendous shift in consumer purchasing behavior. While 85% of marketers publish
branded content, only 36% feel they are doing it effectively (Forrester) The fact of the matter is that Owned and Paid Media is here to stay, but the key to standing out above the noise in
either of those channels is to move beyond traditional push strategies and start engaging
consumers in new ways.
The Power of Earned Media
The power of earned media lies in the trust and authenticity of the content that's generated.
Many marketers already have a social strategy and are engaging fans or followers in their
networks. However, common engagement methods such as basic posting, running contests
or hiring service providers to run large social campaigns all have limitations, which cause
them to be less effective. Social strategies are further hampered by decreases in organic
Facebook reach. Facebook brand pages suffered a 44% decline in reach last year. While
brands could previously expect to reach 16 out of 100 Facebook fans, they are now lucky
to get 3 out of 100 (Ignite Social Media).
Earned media is not a new concept. Successful paid and owned media strategies have been
shown to effectively generate earned media in the past, however, technology improvements
have allowed marketers to easily generate it and to actually measure its impact. Studies have
proven that earned media produces 4x the impact on brand lift compared to paid media
(Nielsen BrandEffect 2011). If consumers are engaged with your message, they are more likely to share it. The challenge lies in building a message that consumers are compelled to
share. Unlike traditional owned and paid media that involves pushing out a brand message
to consumers, earned media requires a pull strategy. Its about engaging consumers with a
story that resonates and compels them to share that story.
Achieve Greater ROI with an Integrated Marketing Strategy
For marketers looking to leverage earned media its easiest to think about it in the context
of paid, owned and earned media, or if said differently converged media, (Altimeter). Earned media doesnt need to strip valuable resources from other areas of media focus, but rather
can be used to amplify the effects of other channels. However, it can be challenging to bring
together what are often separate teams and align to a single campaign goal.
Brands that can effectively integrate these three forms of media have seen the return on
their investment increase exponentially. One of the largest real-time marketing events of
the year, the Super Bowl, is a perfect example of brands converging media initiatives to
build awareness, engage consumers and scale their marketing message, while saving costs.
Brands that previously would have had very little exposure without spending millions on a
90 second commercial slot are now able to get their message heard amongst some of the
worlds biggest ad spenders.
If approached right, brands can achieve remarkable results and build a powerful content
channel that not only signicantly increases brand lift, but also builds advocacy and community amongst their consumers.
Klout Perks
Klout Perks enable marketers to generate earned media at scale for product launches and
events via authentic sources. We connect over 300 of the world's largest brands with key
inuencers and have delivered over 1 Million Perks to-date. Learn more about how Perks can help take your product launches to a new level, contact us at: [email protected]
Banner Blindness is the conscious or
unconscious decision
to ignore web spaces
conventionally containing
ads (infolinks).
-
2The Marketers Guide to Paid, Owned & Earned Media
Social has had a signicant impact on consumer purchasing behavior. As a result marketers are changing the way they approach the creation and distribution of content. Learn how to improve campaign results and build integrated content channels that not only signicantly increase brand lift, but also build advocacy and community amongst consumers.
The Evolution of the Content Ecosystem
Content has always been top of mind for marketers, but how it's been created and
distributed has evolved over time. Year after year, new trends and technologies emerge
that enable marketers to reach their audience in new ways. It used to be that owned media
(i.e. website content, blog posts, etc.) was the primary content marketing channel, then
brands began adding paid media to their strategies to gain greater scale. Marketers quickly
learned how to integrate and optimize these two channels, seeing tremendous potential in
their ability to reach a broader audience of new consumers. The recent rise in social has
triggered another change in the content ecosystem. Consumers today are more connected
than ever before and this has resulted in two massive changes that affect consumer
purchasing behavior.
The rst change is that as consumers spend more and more time online, they have become accustomed to being inundated by messages from brands on a daily basis. In fact, studies
have shown that the average user is exposed to thousands of ads per day (NY Times), but they never actually see them. A result of banner blindness, a term that advertising
professionals are becoming all too familiar with. A recent study found that 60% of
participants couldnt recall the last display ad they saw and nearly 80% felt recent ads they
saw were not relevant to them (Media Post). Additionally, even if an ad manages to break through the consumers blinders and be seen, only 33% of consumers trust ads (Nielsen). Even Facebook is not immune to banner blindness. While their ads typically cost more
than a traditional banner ad, a study that looked at 11k campaigns found that the
average click-through rate for Facebook ads was $0.063% - half the industry standard
of .1% (Webtrends).
This leads into the second change affecting consumer purchasing behavior. As consumers
become more connected via social they are tapping into their networks for more
information. Consumers actively seek out peer recommendations to differentiate products
and make purchasing decisions. As well as to nd and share event related information. While
they may have done this for years, they are now able to reach an even larger network and do
so faster than ever. In fact, according to MarketForce, 81% of consumers are inuenced by their friends posts on social media when making purchasing decisions.
The evidence continues to stack up, proving that its time for marketers to rethink their
approach to content creation and distribution if they are going to stay ahead of this
tremendous shift in consumer purchasing behavior. While 85% of marketers publish
branded content, only 36% feel they are doing it effectively (Forrester) The fact of the matter is that Owned and Paid Media is here to stay, but the key to standing out above the noise in
either of those channels is to move beyond traditional push strategies and start engaging
consumers in new ways.
The Power of Earned Media
The power of earned media lies in the trust and authenticity of the content that's generated.
Many marketers already have a social strategy and are engaging fans or followers in their
networks. However, common engagement methods such as basic posting, running contests
or hiring service providers to run large social campaigns all have limitations, which cause
them to be less effective. Social strategies are further hampered by decreases in organic
Facebook reach. Facebook brand pages suffered a 44% decline in reach last year. While
brands could previously expect to reach 16 out of 100 Facebook fans, they are now lucky
to get 3 out of 100 (Ignite Social Media).
Earned media is not a new concept. Successful paid and owned media strategies have been
shown to effectively generate earned media in the past, however, technology improvements
have allowed marketers to easily generate it and to actually measure its impact. Studies have
proven that earned media produces 4x the impact on brand lift compared to paid media
(Nielsen BrandEffect 2011). If consumers are engaged with your message, they are more likely to share it. The challenge lies in building a message that consumers are compelled to
share. Unlike traditional owned and paid media that involves pushing out a brand message
to consumers, earned media requires a pull strategy. Its about engaging consumers with a
story that resonates and compels them to share that story.
Achieve Greater ROI with an Integrated Marketing Strategy
For marketers looking to leverage earned media its easiest to think about it in the context
of paid, owned and earned media, or if said differently converged media, (Altimeter). Earned media doesnt need to strip valuable resources from other areas of media focus, but rather
can be used to amplify the effects of other channels. However, it can be challenging to bring
together what are often separate teams and align to a single campaign goal.
Brands that can effectively integrate these three forms of media have seen the return on
their investment increase exponentially. One of the largest real-time marketing events of
the year, the Super Bowl, is a perfect example of brands converging media initiatives to
build awareness, engage consumers and scale their marketing message, while saving costs.
Brands that previously would have had very little exposure without spending millions on a
90 second commercial slot are now able to get their message heard amongst some of the
worlds biggest ad spenders.
If approached right, brands can achieve remarkable results and build a powerful content
channel that not only signicantly increases brand lift, but also builds advocacy and community amongst their consumers.
Klout Perks
Klout Perks enable marketers to generate earned media at scale for product launches and
events via authentic sources. We connect over 300 of the world's largest brands with key
inuencers and have delivered over 1 Million Perks to-date. Learn more about how Perks can help take your product launches to a new level, contact us at: [email protected]
81% of consumers are inuenced by their friends' posts on social
media when making
purchasing decisions.
Earned media produces
4x the impact on brand lift compared
to paid media.
-
The Marketers Guide to Paid, Owned & Earned Media
Social has had a signicant impact on consumer purchasing behavior. As a result marketers are changing the way they approach the creation and distribution of content. Learn how to improve campaign results and build integrated content channels that not only signicantly increase brand lift, but also build advocacy and community amongst consumers.
The Evolution of the Content Ecosystem
Content has always been top of mind for marketers, but how it's been created and
distributed has evolved over time. Year after year, new trends and technologies emerge
that enable marketers to reach their audience in new ways. It used to be that owned media
(i.e. website content, blog posts, etc.) was the primary content marketing channel, then
brands began adding paid media to their strategies to gain greater scale. Marketers quickly
learned how to integrate and optimize these two channels, seeing tremendous potential in
their ability to reach a broader audience of new consumers. The recent rise in social has
triggered another change in the content ecosystem. Consumers today are more connected
than ever before and this has resulted in two massive changes that affect consumer
purchasing behavior.
The rst change is that as consumers spend more and more time online, they have become accustomed to being inundated by messages from brands on a daily basis. In fact, studies
have shown that the average user is exposed to thousands of ads per day (NY Times), but they never actually see them. A result of banner blindness, a term that advertising
professionals are becoming all too familiar with. A recent study found that 60% of
participants couldnt recall the last display ad they saw and nearly 80% felt recent ads they
saw were not relevant to them (Media Post). Additionally, even if an ad manages to break through the consumers blinders and be seen, only 33% of consumers trust ads (Nielsen). Even Facebook is not immune to banner blindness. While their ads typically cost more
than a traditional banner ad, a study that looked at 11k campaigns found that the
average click-through rate for Facebook ads was $0.063% - half the industry standard
of .1% (Webtrends).
This leads into the second change affecting consumer purchasing behavior. As consumers
become more connected via social they are tapping into their networks for more
information. Consumers actively seek out peer recommendations to differentiate products
and make purchasing decisions. As well as to nd and share event related information. While
they may have done this for years, they are now able to reach an even larger network and do
so faster than ever. In fact, according to MarketForce, 81% of consumers are inuenced by their friends posts on social media when making purchasing decisions.
The evidence continues to stack up, proving that its time for marketers to rethink their
approach to content creation and distribution if they are going to stay ahead of this
tremendous shift in consumer purchasing behavior. While 85% of marketers publish
branded content, only 36% feel they are doing it effectively (Forrester) The fact of the matter is that Owned and Paid Media is here to stay, but the key to standing out above the noise in
either of those channels is to move beyond traditional push strategies and start engaging
consumers in new ways.
The Power of Earned Media
The power of earned media lies in the trust and authenticity of the content that's generated.
Many marketers already have a social strategy and are engaging fans or followers in their
networks. However, common engagement methods such as basic posting, running contests
or hiring service providers to run large social campaigns all have limitations, which cause
them to be less effective. Social strategies are further hampered by decreases in organic
Facebook reach. Facebook brand pages suffered a 44% decline in reach last year. While
brands could previously expect to reach 16 out of 100 Facebook fans, they are now lucky
to get 3 out of 100 (Ignite Social Media).
Earned media is not a new concept. Successful paid and owned media strategies have been
shown to effectively generate earned media in the past, however, technology improvements
have allowed marketers to easily generate it and to actually measure its impact. Studies have
proven that earned media produces 4x the impact on brand lift compared to paid media
(Nielsen BrandEffect 2011). If consumers are engaged with your message, they are more likely to share it. The challenge lies in building a message that consumers are compelled to
share. Unlike traditional owned and paid media that involves pushing out a brand message
to consumers, earned media requires a pull strategy. Its about engaging consumers with a
story that resonates and compels them to share that story.
Achieve Greater ROI with an Integrated Marketing Strategy
For marketers looking to leverage earned media its easiest to think about it in the context
of paid, owned and earned media, or if said differently converged media, (Altimeter). Earned media doesnt need to strip valuable resources from other areas of media focus, but rather
can be used to amplify the effects of other channels. However, it can be challenging to bring
together what are often separate teams and align to a single campaign goal.
Brands that can effectively integrate these three forms of media have seen the return on
their investment increase exponentially. One of the largest real-time marketing events of
the year, the Super Bowl, is a perfect example of brands converging media initiatives to
build awareness, engage consumers and scale their marketing message, while saving costs.
Brands that previously would have had very little exposure without spending millions on a
90 second commercial slot are now able to get their message heard amongst some of the
worlds biggest ad spenders.
If approached right, brands can achieve remarkable results and build a powerful content
channel that not only signicantly increases brand lift, but also builds advocacy and community amongst their consumers.
Klout Perks
Klout Perks enable marketers to generate earned media at scale for product launches and
events via authentic sources. We connect over 300 of the world's largest brands with key
inuencers and have delivered over 1 Million Perks to-date. Learn more about how Perks can help take your product launches to a new level, contact us at: [email protected]
MarketingStrategy
Owned website
blog
social media
Earned mentions
shares
reviews
Paid pay per click
display ads
retargeting
3
"Converged media will
happen and is happening;
if marketers don't take
action, the effectiveness
of marketing efforts
will suffer." (Altimeter The Converged Media Imperative)