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Joe Pulizzi is a leading author, speaker and strategist for content marketing. Joe is founder of the Content Marketing Institute and SocialTract. This blog looks at the trends in content marketing, and how marketers can learn to think and act like publishers.
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Prepare the Way: We will all be media companies
Sat in on a great panel yesterday with Amanda Watlington (Searching for Profit), Christina Howe (Avid) and Rebecca Lieb (eConsultancy) discussing what the world’s leading brands are doing.
The discussion was all about content (loved it!).
One attendee asked this question to the panel. “Right now social media is hot, but what is the next big thing we should keep our eyes on?”
I was the first to answer, and this immediately came to mind, and it will happen (is happening).
Over the next few years (not sure exactly when), we won’t be able to tell the difference between media companies (publishers) and companies that off non-informational products and services.
Look at it this way. Advertising and traditional marketing is becoming less and less effective. Engagement is fostered today by delivering consistent, relevant, compelling content to our customers (like P&G) – or – showing them a good time (like Blendtec) [for more on that, check out this custom content post about UPS]. That content creation is the fodder for getting involved in the online conversation and positioning your brand as a trusted solutions provider.
At the same time, media companies that have developed great brands and loyal audiences around delivering content are having trouble selling advertising. They all know that traditional advertising (even online display in some cases) is not going to bounce back. So, they are looking at developing products their readers can buy like data products, online software tools (i.e., Smartools from MarketingProfs), and actual manufactured products ala what Martha Stewart has done.
Whether you are a brand that offers products and services or a brand that offers information as the product, this completely changes your business model.
This is coming, and soon. Actually, it may even be here but we haven’t noticed yet.
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