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October 16, 2009

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» Custom Publishing Budgeting - Providing Some Answers from Junta42 blog
We've had some excellent feedback around Russell Sparkman's guest post on creating a consistent content plan. As part of the discussion, Chris Herbert asked how a company should go about budgeting for a custom publishing plan such as this. Below... [Read More]

Comments

Nigel Lamb

Great article. I've read many blog posts from others that talk about content on blogs, what you can write about, and also about choosing a theme for your blog, but this is the first one to talk about (in my layman terms) a publishing schedule.

Personally it's a lot to take on all at once, but is certainly could be something that could be brought on in stages, building up to the full 1-7-30-4-2-1.

Chris Herbert

This is a really good framework to use. Thx. Can you give us an idea of what to budget for this type of plan?

Susan Weiner

I'm doing 1, 7 & 30. The other numbers are great food for thought

Brian Hicks

Great recommendations Joe. Succinct & many are easily executed.

Brian

Russell Sparkman

Re Chris Herbert's question about what to budget for this type of plan:

This question, of course, comes up all the time. Because there are so many variables, I'm going to shift the question from "What to Budget" to "How to Budget." Here is how we explain content marketing budget development to clients:

1. Read Seth Godin's Meatball Sundae. I often recommend this book to existing and new clients because of its key premise: ask not how you can use New Media approaches such as Content Marketing to market your "business as usual" company or organization, but how can you change your company/organization to better utilize New Media approaches;

2. If you follow the advice in Point #1, and you're focus is Content Marketing, then a conclusion you need to come to is that it will take a new commitment, or realignment, of human resources to content creation or development. If it's a small business, this may mean the business owner's commitment; if it's a large corporation, it's going to be a realignment of people in the communications departments. Or, it'll mean creating a relationship with an outside content strategy/development agency;

3. If you make the human resource commitment, then the next step is to look at what you normally spend or budget for marketing and realize that now you're going to begin using a significant portion of those funds to invest in content. Notice the use of the term "invest." This isn't spending. It's investment;

4. Next, look at the recommended 1-7-30-4-2-1 schedule featured in this blog post, and start picking off the low hanging fruit. budget-wise. For example, blogging is a major time commitment, but since it can be done without paying anyone, it's often the most affordable point of entry. Additional, lower cost approaches are self-generated, in-depth presentations such as White Papers in PDF format, Powerpoints uploaded to Slideshare.com, and so;

5. At the opposite end of the spectrum from blogging, in terms of time and budget, is producing a workshop, a web video series, or an event. However, these are excellent investments because content from them can be "multipurposed" across the whole content plan and publishing frequency range (for my own content marketing efforts, we came out of the starting gate by producing an event, for example. We have videos from the event that we'll be publishing monthly to our site, and so on);

I'll wrap this comment up with a little story. I lived in New England for many years. I learned that Old New England farmhouses often started out as a single, small house and a separate, detached barn. Over the years, the farmers would add onto the single, small house in phases as the family grew and as income allowed, until, eventually, the house and the barn were connected. They became one unified unit.

When planning your content marketing budget, and striking out to publish or produce content on a 1-7-30-4-2-1 frequency, keep the Old New England farmhouse analogy in mind.

You may start out with a daily or weekly blog (i.e., the little farm house), and a more production intensive project like an annual event (i.e., the barn).

Over time, as resources and budget allow, your content investment will make all the little in-between connections so that you end up with a content marketing strategy that is a unified whole.


Additional Reading:
Content Marketing Playbook
http://blog.junta42.com/content_marketing_blog/2009/10/check-out-the-content-marketing-playbook-a-free-ebook-experiment.html

The Content Factory: Maximizing Content Investments Through Multipurposing
http://www.fusionspark.com/blog/2009/01/09/the-content-factory-maximizing-content-investments-through-multipurposing/

Content Marketing Secrets, Part I: The Energizer Bunny of Marketing
http://www.fusionspark.com/blog/2009/02/12/content-secrets-part-i-the-energizer-bunny-of-marketing/

Trevor

Brilliant even for publishers. After all, successful online publishing is not just about sentences and paragraphs, it must be a holistic digital practice.

Jenny Pilley

Thanks for this post Joe, really insightful. I think many of us like structure and with this in mind you've provided an excellent tool many of us can work from.
As the others have mentioned, few of us are doing all of the list but dipping in some, but a structure is needed to ensure all bases are covered, and you've provided that.

Russ Henneberry

Very good stuff. This plan is not too ambitious in my opinion either, with the suggestions laid out herein, there is more than enough opportunity to publish material on this schedule.

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    • Joe Pulizzi is a leading author, speaker and strategist for content marketing. Joe, founder of content matching site Junta42, is co-author of Get Content Get Customers. This blog looks at the trends in content marketing, and how marketers can learn to think and act like publishers.

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