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The Content Marketing Revolution

The Content Marketing Revolution

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The Content Marketing Revolution

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  1. The Content Marketing Revolution 18th January 2013 Digital Ad Lab

  2. Content Revolution • Threeaudiences • Agencies • Clients / Brands • Consumers • Content Marketing • Print • Digital • Mobile

  3. Vision Make CMA synonymous with content marketing CMA to create cut-through by establishing and owning content marketing in UK using • Research • Thought leadership • White papers • Events and social media

  4. CMA Objectives • Attract spend to the customer publishing/content marketing industry from other initiatives • Start owning the content space • Multichannel and integrated solution: magazines (including posted messaging) and digital • Prove the effectiveness of content marketing • Inspire and educate brands • Unite all members – power of working together

  5. Content Marketing – key trends • The art of telling stories about a brand = consumer engagement • Serialisation versus tactical campaigns • Content & convergence • Reach v. results • Clients increasing want to own the dialogue with consumers • Earned media v. paid media • Monetisation of content • Integration of content • CMO officer positions • Its all up for grabs – but only content agencies really get it = journalism skills

  6. Marketing Overview – quality free content

  7. The agency view

  8. Key findings in the report • Revenues are rebounding upwards • Print aficionados become multi-media cognoscenti • Digital is creating industry resilience • Genesis of advanced digital media • Print has a place and still is healthy (paginations, titles) • In tough times agencies have worked more efficiently • A sense of cautious optimism pervades

  9. Today revenues are rebounding froma 2009 low

  10. In an advertising context, the sector is outperforming

  11. Digital reach: websites are updated frequently showing commitment to fresh content One in three websites is updated daily Source: APA Member Survey/Mintel Research Consultancy

  12. Content is being delivered in a more integrated way than ever before Source: APA Member Survey/Mintel Research Consultancy

  13. Digital future: A selection of verbatim Digital future – a selection of verbatim The future’s digital. For clients where we publish a traditional magazine format, we are invariably also providing a digital element. We have invested a great in the digital team and expertise and have begun creating tablet apps for clients. As patterns of media consumption change digital communications offer a range of ways to engage with customers. Their strengths include interactivity, immediacy and the ability to fuse different media together and personalise messages. And of course these channels are vital to reach digital natives and those consumers for whom print has lost its pre-eminence. There’s been more of trend for clients to move to digital, not because they believe it generates a higher return, but because it saves on print and postage costs. Source: APA Member Survey/Mintel Research Consultancy

  14. Brands

  15. The Approach The Approach 500 omnibus interviews with higher/Intermediate managers who make key decisions about Marketing --- Fieldwork dates: 06.06.2012 - 08.06.2012 --- 43% of the sample were aware of the split of their marketing budget apportioned to content marketing

  16. Content Marketing is multiplatform

  17. Content Marketing works for brands

  18. Budget split devoted to content marketing Budget split devoted to content marketing Content Marketing spend now accounts for a fifth of total marketing budgets. Average % devoted to content marketing: 21% • Base: All respondents aware of budget allocation (218) • To the nearest per cent, what percentage of your total marketing budget is apportioned to the creation and dissemination of content?

  19. Content Marketing revenues grow in next 12 months 73 per cent of marketers will increase or maintain their content marketing budgets over the next 12 months 73% DK = 11% • Base: All respondents aware of budget allocation (218) • Do you expect your content budget to increase over the next 12 months?

  20. Digital growing, but magazines still holding firm Digital growing, but magazines still holding firm Digital clearly the future for content marketing, but 1 in 4 advertisers will still be looking to customer magazines as a key way to connect with consumers Share of mentions: Digital: 76% Mobile: 30% Traditional: 23% Note: Mobile included in digital % • Base: All respondents aware of budget allocation (218) • Do you expect your content budget to increase over the next 12 months?

  21. Key conclusions Key conclusions • Over 20% of budgets will be devoted to content marketing • With this amount likely to increase year on year • Digital is a clear driver of new activity, but magazines will still have a vital role to play for a large number of advertisers • Five per cent of marketers think their content budget will increase significantly in 2013 • The industry is on track to meet Mintel’s prediction to reach £1 billion by the end of the year

  22. Consumers

  23. The Approach The Approach • 1049 interviews with UK Adults aged 16+ conducted by PanelBase • Fieldwork dates: 06.06 - 08.06.2012 • Quotas set to ensure the sample is nationally representative • 49% Male / 51% Female • 31% 16-34 / 34% 35-54 / 35% 55+

  24. Content marketing helps the consumer

  25. Consumers – digital content

  26. A similar story when looking digitally … Quality digital content ‘I trust content on a website if I know the brand involved’ ‘The content on websites produced by brands is of similar quality to 'normal' websites’ ‘I'm positive towards brands that deliver relevant content to me online’ 72% agree 7% disagree 44% agree 17% disagree 71% agree 6% disagree Source: PanelBase / Base: Monthly digital users (526) We'd like to know whether you agree with these statements below regarding websites that are produced by brands?

  27. Which ultimately delivers more than conventional advertising Which ultimately delivers more than conventional advertising 59% are more likely to recall products and promotions on a website produced by a brand compared to a normal online advert Source: PanelBase / Base: Monthly digital users (526) We'd like to know whether you agree with these statements below regarding websites that are produced by brands?

  28. Consumers – mobile content

  29. Research Approach Research approach • 952 users interviewed using survey software on their iPad • Fieldwork conducted between 18 March – 8 April • 48% from Europe, 35% from North America • 19% 15-24 / 47% 25-39 / 30% 40+ Source: Dres Consulting

  30. Users are committed to their iPad Users are committed to their iPad • Over a third are considering buying another Tablet PC in the next 12 months • 79% of those would consider buying an iPad2 • Brand Loyalty: 70% wouldn’t even consider swapping their iPad for an new alternative tablet brand for free Source: Dres Consulting - Base: All Respondents (952)

  31. Once you’re hooked… Once you’re hooked • 95% use their iPad at least once a day • Average usage of 2h 17m each day Source: Dres Consulting - Base: All Respondents (952)

  32. A similar story when looking digitally Strong showing digitally 26% Mean % of overall online / time using apps spent with sites / apps published by a brand Source: PanelBase / Base: Monthly digital users (526) Thinking of all of the time you spend online or using apps what percentage of that time is spent reading magazines published by a brand?

  33. Apps - an area for opportunity Apps – an area for opportunity • 50% of users have over 40 iPad apps • With 95% paying for ¾ or more of their apps Source: Dres Consulting - Base: All Respondents (952)

  34. Apps: Play, Inform, Communicate Apps: Play, Inform, Communicate • The range of genres shows the versatility of the iPad as a communication tool Source: Dres Consulting - Base: All Respondents (952)

  35. Opportunity: The branded content ‘gap’ Opportunity – The branded content ‘gap’ • Over 1 in 4 do not own a ‘branded content’ app • 84% of users have 10% or less of their apps in association with brands • 67% would like brands to produce more interesting or exclusive content for their iPads Source: Dres Consulting - Base: All Respondents (952)

  36. Where should brands get involved? Where should brands get involved? • The key to success is to create content that is relevant, fun and informative Which areas should brands get involved in when creating new apps? Source: Dres Consulting - Base: All Respondents (952)

  37. What should the pricing model be? What should the pricing model be? A free, branded app with no advertising is the clear winner with users • 73% would prefer a free app that is associated with a brand rather than having to pay • 68% would prefer a free branded app with NO ADVERTISING rather than an independent app with advertising Source: Dres Consulting - Base: All Respondents (952)

  38. Driving future actions Driving future actions • As a result of using an app users have... • have recommended an app to family/friends (61%) • visited the developer’s/brands website (33%) • considered buying a product or service (29%) Source: Dres Consulting - Base: All Respondents (952)

  39. Executive Overview Summary • iPad users are committed enthusiasts and brand loyal • Once you’re hooked... 57% use their iPad for at least an hour every day • Content is King: Willing to pay for apps but would rather have free branded apps with no advertising • Presents great opportunity for brands to produce free branded apps with relevant, fun and entertaining content • Brands can maximise on the powerful word of mouth association with a positive and creative app Source: Dres Consulting

  40. The Content Marketing Association Patrick.Fuller@the-cma.com @the_CMA www.the-cma.com