by Steve Fodor
The more things change, the more they stay the same.
I just read an article about branded content. How marketers communicate with customers, go to market and increase brand loyalty has changed dramatically in just the last year. In fact, 32% of marketing communications budgets were dedicated to branded content in 2009. That’s a heck of a lot of blogging, Facebook interaction, YouTube videos and other forms of branded content.
You could say branded content is the new face of public relations. The media dynamic has changed. You now can go straight to end users without the media controlling your message. That opens endless possibilities. But, it also sacrifices the implied endorsement from reputable editors and media.
So what’s the key to branded content as a marketing strategy? If I had the answer to that, I’d be out fishing now instead of working for a living. But one thing always stands out in everything I read about branded content: your content has to be valued information that customers desire and not just a sales pitch. In other words, you must become a valued information provider and not just a product purveyor to elevate your brand above commodity status. And the only way to do that is to employ good, old-fashioned research to determine what information your customers and prospects need. In marketing “buzzword-speak” that means determining latent needs (there…now I can justify spending money on marketing books prior to the Amazon Kindle).
Even though the media dynamic has literally been turned upside down in recent years, that’s why I say “the more things change, the more they stay the same.” If you don’t understand your customer and if you can’t differentiate your brand beyond product features and price, you’re always going to be a commodity. Branded content has now become the most visible “face” of your brand. Think about that. And think about who is handling the face of your brand. Do they really understand how to generate valued content?
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