The innovation I have chosen is not something I use every day, but something I find highly interesting.
Content Marketing is an innovation in marketing that has existed for many years. However, it didn’t earn major traction until the rise of digital media.
The Content Marketing Institute was founded by Joe Pulizzi. It is the leader in content marketing research and implementation. Pulizzi defines content marketing.
“Content marketing is a strategic marketing approach focused on creating and distributing valuable, relevant, and consistent content to attract and retain a clearly-defined audience — and, ultimately, to drive profitable customer action.”
CMI created an infographic outlining the history of content marketing.
In the early days of TV and film, content marketing was known as product placement. It wasn’t until 2001 that the phrase content marketing was first used. Content Marketing is the integration of advertising content into editorial content. Ideally the goal is to create marketing that doesn’t interrupt the flow of content.
In 2010 according to CMI 88% of brands utilize content marketing. It also states that 25% of marketing budgets were spent on content marketing.
I want to go back now to the readings, the medium is the message. I feel like this statement is very relevant to content marketing. That’s exactly what digital media are, the message. Digital media have created a new way to communicate with the world. With that new way comes a new way to communicate with consumers. Previously, advertising told consumers what marketers thought they needed to hear. Now marketers listen to consumers because of digital media. Digital media have created a new use for communication, interactivity. Content Marketing is interactive. It provides a way for consumers to gain valuable information about products and services while enjoying editorial content. Marketers now have two-way communication to create an environment where consumers feel like they’re involved in the marketing process.
Today, content marketing surrounds the content we consume on a daily basis. These experiences come from sponsored ads, and links, banner ads and articles. However it’s important to understand the difference between effective and ineffective content. That’s what I’ve been following in the content marketing world. Finding ways to switch from traditional advertising to digital content without disrupting the flow. This video from CMI explains what separates effective strategy from ineffective.
Today on Twitter I followed CMI, Josh Earnest the white house press secretary, and NPR politics. I followed CMI because I’m always reading their articles anyway and watching their videos. I can’t believe I wasn’t already following them. I followed Josh Earnest because his job is essentially my dream job. I really enjoy campaign strategy and hope to break into the political field one day. That’s also why I decided to follow NPR politics. The election year is coming up, and I need to stay up-to-date.