Monday, October 13, 2014

If you build it, will they come?


https://econsultancy.com/blog/65560-what-s-the-difference-between-paid-owned-and-earned-media#i.18o2rshgcdd4xx

We discussed that Display advertising has three main components: media, audience, and creative. It is important that a brand pay attention to all three buckets and ensure that distribution (which I believe falls under both media and audience buckets) is considered, in addition to creating great content. Some marketers mistakenly assume that if they create content, it will distribute itself. However, viral content is often a fluke and typically unpredictable. Most great content needs a little "push" via distribution efforts (hence, digital marketing or “paid media”). On the flipside, it doesn’t make sense to throw a lot of money and “force” views at poor content. This is where creative testing can be crucial, per class discussion. An efficient way to reach your target audience is by partnering with your distributer. The example described in AdAge is PacSun’s content creation with StyleHaul (a fashion-focused online video network) Personalities (i.e. Influencers). PacSun partnered with StyleHaul to create videos about “back to school” looks for its jeans and launched these videos via the Personalities’ YouTube channels. PacSun smartly captured StyleHauls’ audience, in an engaging, interactive way. Young females are top consumers of fashion and beauty content on YouTube. Per AdAge, a brand shouldn’t stop here, at the publishers’/distributors’ audiences. A brand should utilize their own audiences by leveraging social networks and capturing “earned media”. This is where However, AdAge warns that the content should be customized to the medium (i.e. 15 or 30 second pre-rolls on YouTube). Further, if partnering with distributors or content creators, a brand should ensure that they have the rights for redistribution, thinking along the lines of “owned media”. distributors or content creators, a brand should ensure that they have the rights for redistribution. 




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