Publishers as Marketing Agencies: The Content Marketing Effect

Post on 08-May-2015

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As publishers see continued erosion of ad revenue and readership, advertisers are shifting their dollars to digital, hiring writers and building their own audiences. In short, brands are becoming publishers, and investing resources in content marketing that were once earmarked for traditional media. However, opportunities are arising for publishers to evolve, and to become key players in the modern marketing agency ecosystem. The can leverage their built in audiences, talent, and ability to scale content production to create new revenue streams, and highly evolved business models.

Transcript of Publishers as Marketing Agencies: The Content Marketing Effect

PaulRoetzer@paulroetzer

Publishers  as  AgenciesThe  Content  Marke-ng  Effect

Founder  &  CEO,  PR  20/20  Author  of  The  Marke)ng  Agency  Blueprint

Jan.  26,  2013

• An  Evolving  Industry  and  Ecosystem• Rise  of  Hybrid  Professionals• Publishers  as  Agencies• Q  &  A

Agenda

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“It’s  not  about  who  we  are,  but  what  we,  as  

markePngs  agencies,  have  the  poten4al  to  be.”

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An  Evolving  Industry

photo credit: cattias.photos

8  million  viewers  live  on  YouTube

50  million  views  in  four  days

1  million+  visitors  per  month

449,000+  Facebook  likes

266,000+  TwiTer  followers

60,000+  leads  per  month

120,000+  views  (published  1/10/13)

Brands  are  publishers,  but  .  .  .

There  is  a  talent  gap.

Many  lack  the  ability  to  tell  engaging  stories.

They  are  not  structured  to  scale  content.

It’s  difficult  to  break  through  the  noise.

Building  reach  (and  influence)  is  hard.

“Agencies  that  provide  strong,  mul4-­‐media  content  services  are  a  rare  and  valuable  asset  

in  the  new  ecosystem.”  

—  The  Marke)ng  Agency  Blueprint

Publishers?

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• Technology  innovaPon

• Consumer  behavior

• Business  so\ware

• Online  applicaPons

• CommunicaPon  paTerns

• MarkePng  philosophies

• Management  systems

1)  Change  Velocity

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Forrester  forecasts  interac4ve  marke4ng    spending  will  reach  $77  billion  by  2016.

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• Basic  principle  behind  inbound  marke4ng

• Consumers  tuning  out  tradiPonal  markePng

• Brands  lose  control,  but  gain  loyalty

• Shi\ing  budgets  to  digital

• Brands  become  storytellers

• The  era  of  integrated  services

2)  SelecPve  ConsumpPon

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33%  of  budget  spent  on  content  marke4ng

45%  plan  to  increase  spending  in  2013

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3)  Success  Factors

“CMOs  today  are  under  increasing  pressure  to  provide  quan4fiable  evidence  of  how  their  markePng  expenditure  is  helping  the  organizaPon  achieve  its  goals.  They  also  have  to  hire  people  with  the  right  mix  of  financial,  technical  and  digital  skills  and  become  savvier  in  such  areas  themselves.”

 —  IBM  Global  Chief  MarkePng  Officer  Study,  2011

Marke4ng  ROI  tops  the  measurement  list.

Source:  IBM  Global  Chief  Marke)ng  Officer  Study,  2011 @PaulRoetzer

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71%  of  clients  cited  accountability  as  the  main  area  of  frustraPon  with  agencies,  as  CEOs  and  board  levels  demand  greater  

markePng  ROI  effecPveness.  

—  Source:  Avidan  Strategies  Report,  via  MediaPost

Rise  of  Hybrid  Professionals

“The  marketers,  the  publishers,  the  ad  tech  companies,  the  agencies,  data  management  companies  —  they’re  all  

going  for  the  same  type  of  employee.”

 —  John  Ebbert,  managing  editor  of  AdExchanger.com,  as  quoted  in  the  New  York  Times

The  CMO’s  Expanding  Role

“Most  CMOs  are  underprepared  to  manage  the  impact  of  key  changes  in  the  markePng  arena.”

Source:  IBM  Global  Chief  Marke)ng  Officer  Study,  2011 @PaulRoetzer

The  future  of  markePng  belongs  to  the  generalists,  

the  hybrids.

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• Analyst

• CreaPve

• Intrinsically  moPvated

• Listener

• Social  web  savvy

• Strategic

• Tech  savvy

• Team  player

• Writer

Hybrid  Professional  Traits

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• Build  editorial  strategies.  

• Develop  and  acPvate  distribu4on  plans.

• Create  effecPve  copywri4ng  that  is  buyer-­‐persona  focused,  opPmized,  technically  sound  and  results  driven.

• Tell  your  brand  story.

• Integrate  content  into  social,  search,  PR,  lead  nurturing  and  customer  loyalty  strategies.

Content  Marke4ng

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 80%  of  chief  markePng  officers  think  integrated  services  will  increase  in  importance  over  the  next  five  years,  according  to  

a  study  by  The  Horn  Group  and  Kelton  Research.  

However,  in  the  same  study,  60%  of  CMOs  indicated  that  they  are  unable  to  find  an  integrated  firm  to  meet  those  needs.

Publishers  as  Agencies

Opportunities

Create  and  distribute  content,  in  and  out  of  network.

Produce  sponsored  content  (aka  naPve  adverPsing).

Tap  exisPng  adver4sing  partnerships.

Offer  integrated  services.  Content  isn’t  enough.

Grow  your  own  reach  and  influence.

“Publishers  are  masterful  content  creators,  and  they  are  able  to  charge  a  premium  for  the  

services  they  offer  by  leveraging  their  market  research,  exisPng  distribu4on  pla[orms,  and  even  the  talent  from  their  editorial  teams.”

—  Andrew  Davis,  author,  Brandscaping

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The  opportunity  for  media  companies  is  to  create  content  that’s  compelling  for  users  on  behalf  of  adver4sers.  That  doesn’t  mean  it  has  to  be  naPve,  but  the  skills  in  telling  stories  are  quite  valuable  to  

marketers  as  they  build  audience  themselves.

—  Paul  Rossi,  managing  director,  The  Economist

“The  agency  model  is  absolutely  under  fire  from  every  direcPon,  and  if  you  look  at  most  great  publishers  out  there,  including  BuzzFeed,  they’re  very  much  an  agency-­‐solu4ons  company  

cloaked  in  a  media  model.  If  I  were  a  publisher  right  now,  I’d  be  doing  the  same  thing."

—  John  McCarus,  SVP  and  pracPce  lead  of  brand  content,  Digitas  

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Na4ve  Adver4sing

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Obstacles

CompePPon  for  talent  will  be  intense.

IntegraPon  of  services  isn’t  easy.

Change  velocity  requires  nimble  business  models.

Maintaining  editorial  integrity  and  content  quality.

Brands  are  building  their  own  reach.

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“The  insight  I  had  seven  years  ago  is  that  inside  every  great  brand  is  an  idea  and  that  idea  used  to  be  solely  translated  to  commercials  or  print  ads.  We  take  that  idea  and  turn  that  into  content.”

—  Spencer  Baim,  Virtue  

Publishers?

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Paul  Roetzer

paul@pr2020.com

www.PR2020.com  

www.MarkePngAgencyInsider.com

Thank  You

@PaulRoetzer