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Converged Media: Strategic Benefits and Key Success Factors



converged media

Good marketing is built around the customer experience. The best businesses recognize this and pay attention to the customer journey through all touchpoints. Converged Media allows seamless marketing across multiple channels, such as social media. This report discusses the key strategic benefits and success factors of convergence media, as well as the various vendors. It is designed for marketing and media professionals looking to maximize the power and reach their customers through social media. It provides recommendations for successful media strategies and identifies best practices in converged media.

Paid media, owned media, and earned media

The convergence of owned, paid, and earned media is now an integral part of content marketing blueprints. The concept of convergence isn't new. Marketers have been sharing their insights for years. The right balance of these three forms of marketing depends on your business, KPIs, and deadlines. We will be looking at the converged approach and best practices to implement it in this report.

Social media

There are many marketing channels that have emerged from the convergence of paid, earned and social media. These converged medium channels include paid advertising as well as owned media such Google+ Local and Facebook. They also include earned media such buzz, word-of–mouth, and other social media. Converged media presents new marketing challenges. However, it also has many opportunities. Here are the top social media marketing strategies.

Digital radio

As digital platforms expand into multiple areas, radio broadcasters are facing a number of challenges. Radio broadcasters have new opportunities, as well as the challenges of communicating content and engaging an audience. New Zealand radio stations seek to establish themselves in the music entertainment industry by launching The Edge TV, and other streaming services. This will consolidate The Edge's position as New Zealand's number one music entertainment brand.

Radio online

A radio station that is internet-based fits perfectly into today's radio consumer culture. Listeners are more interested in having complete control over their radio stations and being able to listen to the songs they like. Online radio stations are proving a powerful new source of traffic to online radio stations. Online radio will undoubtedly continue to grow and change over the next few years. One could even argue that radio may become a new medium.

Online video

Consumers have become more independent and are now able to create and distribute content. Convergent communication technology, also known as media convergence has reduced barriers to entry. For example, through digitization, consumers have become the creators and producers of their own content. YouTube stars have made thousands of distribution channels to reach worldwide audiences. The growth of converged media means that consumers are better served than ever.




FAQ

Is content marketing easy to measure?

Yes! It is part of the process to measure results. This helps you to determine if your efforts were successful or if you need to make adjustments.

You can track which visitors came from different sources (emails, social media, paid advertisements, etc.) and track conversions, such as sales leads and purchases.

These metrics will tell you what pieces of content did well and where there are the most opportunities.


Is Content Marketing right for me?

Absolutely! Any type of business can benefit from content marketing. You can sell products and services, offer support, or provide training. Content Marketing is a great way to let customers learn about your company, and keeps them connected.


How much does content marketing cost?

Prices for content marketing vary depending on whether the solution is outsourced or managed by you. Outsourcing content marketing services is usually less expensive than hiring full-time staff, and allows you to scale up quickly when you require more coverage.

HubSpot research found that outsourcing content production is more expensive for B2B companies than it is for consumers.

But, you don't have to pay a lot of money for content marketing tools. These can be used to create high-converting content.

There are many different ways to optimize content that is optimized for search engines, such as Google and Bing. For example, you could write original articles and guest post on blogs. Or, you could curate content form other websites or reuse existing materials.

If you go down the route of self-produced content, you'll need to learn how to produce great content. However, once you are proficient in this skill, it will be easy to produce content.

You can start by creating simple landing pages using WordPress and then move on to building out your site. You can then build your portfolio over time.


What are the best ways to improve my content strategy?

Focusing on distribution, audience and content can help improve your content marketing strategy. It is important to first identify your ideal customer. This will help you determine where they live online. This information will allow you to tailor your content to their needs. The second is to develop a voice and style unique enough to distinguish yourself from your competition. The third step is to determine how to best distribute your content.


What is strategic content marketing?

Content marketing refers to the art of creating quality content that can be shared across all channels. It's about giving people the things they want. This is what makes the most successful businesses.

Strategic Content Marketing gives you the ability to provide exactly what your clients need at precisely the right time.

Listen carefully to what people think and get to know their interests. Next, you need to create high-quality content which answers their questions or solves their problems. This builds trust, loyalty, and ensures that you are always in their minds when they need your product/service.


How does Content Marketing Strategy help me?

Content Marketing Strategy grants you access to data that you would not otherwise have. This data can be used to determine which content types perform best.

It will help you determine the best strategies to increase traffic to your website. It can also give you insights into the behaviour of your audience, so that you can produce even better content.

This allows you to focus on the good content and less worrying about whether it works.

You can also use a Content Marketing Strategy to determine which messages are most popular with your audience.

This analysis will allow you to determine which content they like. So you can create similar pieces of content and keep those successful ideas going.

A Content Marketing Strategy is a tool that helps you monitor the performance of your content. You can quickly see which types of content converts best by sharing them more.

A Content Marketing Strategy is essential to ensure your content performs according to its intended purpose.



Statistics

  • To further show the importance of this, 89% of people have stopped doing business with a company because of a poor experience. (neilpatel.com)
  • According to the Content Marketing Institute, 70% of B2B marketers and 86% of B2C marketers surveyed use content marketing in some form or other. (criteo.com)
  • Seventy-two percent business to business (B2B) (mailchimp.com)
  • Progress indicators (0–100%) allow each team member to see how attainable each goal is and understand what remains to be accomplished. (semrush.com)
  • An example of an overarching goal could be: "In 2022, we want to achieve a 20% increase in revenue created by organic content and generate 15,000 MQLs with a budget of $30,000." (semrush.com)
  • Content marketing produces 3X more leads per dollar spent. Content marketing costs 62% less than traditional marketing. (criteo.com)
  • According to our research, 65% of companies with very successful content marketing in 2021 ran content audits at least twice a year. (semrush.com)
  • According to research compiled by Coschedule: Companies that publish 16+ blog posts a month get as much as 3.5x as much traffic as those that publish 0-4 posts a month. (criteo.com)



External Links

slideshare.net


contentmarketinginstitute.com


sproutsocial.com


twitter.com


copyblogger.com


semrush.com




How To

What is a content marketing plan?

A content marketing plan (CMP), is a document that helps you to define your goals, objectives and strategies for building and executing an online presence. It is a plan for how to reach those goals via content creation and distribution.

The CMP usually breaks down into three major areas:

  1. Your overall strategy. What do you want?
  2. Your content strategy. Where are the best people to write, curate, distribute and promote your content?
  3. Your strategy's execution tactics - What channels will you use for sharing your content? What types of content are you going to produce?

These are the components that make a CMP effective.

  • Goal Setting – Define and measure your target audience.
  • Audience Research - Understand your ideal customers so you know exactly where to look for them.
  • Strategy – Create a clear vision for where you are going. Next, break it down into smaller parts.
  • Execution is key - Have realistic expectations about the time you can expect to see tangible results.




 

 



Converged Media: Strategic Benefits and Key Success Factors