Thursday, February 18, 2016

[New Post] CMO Essentials for Optimizing Your Content Marketing Program

 

Blogs

CMO Essentials for Optimizing Your Content Marketing Program

Ken Wincko

CMO Essentials to Optimize Content Marketing Strategy

Marketing executives and their teams are being held to higher expectations than ever before. More content is competing for attention, buyer behaviors have shifted, and economic dynamics have placed more pressure on demonstrating ROI.

Accurately tying business value back to content is a constant struggle. In fact, according to a study by Forrester, while almost all senior marketers say that content marketing is important, an overwhelming 85% admit that it is only somewhat effective — or less so — at moving the needle on generating revenue, retaining customers, or winning customers' long-term loyalty*.

As I write in Meeting Demand: A Guide to Becoming a Data-Driven CMO, we have to dramatically adjust our way of thinking and adopt a multichannel, data-driven, buyer-focused approach to marketing.

With the right mindset and tools, it is possible to prove marketing's power as a revenue driver, not a cost center. Maximize your content marketing's impact by following these five steps.

1. Get hyper-targeted with market research.

Before you publish a single piece of content, you need to know whom you're creating it for and what their informational needs are along the buyer lifecycle.

On average, there are 7-10 key decision makers and influencers in a B2B buying decision. While you may have a general idea as to who these contacts are, your content won't convert unless you compile comprehensive personas and journey maps detailing decision makers' different roles, informational needs, and content preferences.

Conduct external market research to define purchase triggers based on key buyer segments, personas, and stages of the buying cycle. This research can be a combination of focus groups, surveys, ethnographic research, etc.

Including existing clients in this research will be useful; however, interviewing prospects and key influencers will help you uncover new opportunities where current content fails to connect.

2. Map content to buyer journeys.

With market research in hand, identify specific topics that will guide your audience step-by-step through the buying cycle.

The content you and your team create can't stand alone. Each piece needs to fulfill a purpose and fit within a cohesive story based on your brand vision. Unfortunately, most marketers still create content piecemeal. According to Forrester, 62% of marketers admit to producing content on a campaign by campaign basis. Content that is siloed and doesn't fit into a continuous narrative runs the risk of disrupting and deterring prospects and customers.

Once you have determined the sequence of topics and aligned it with buyer journeys, pinpoint the most credible voices and relevant formats to deliver your message.

Consider using components of specific content offers in different formats based on the unique needs of your core buying groups. Different buyer segments have different preferences for how they consume content. For example, while interactive, how-to videos tend to work better for practitioners, executives may be more likely to read content focused on strategy in a whitepaper or ebook.

Determining the most effective authors is also critical. At PR Newswire, we leverage expertise across our business as well as the industry. From marketing and sales to product managers and executives, a wide variety of subject matter experts create content within our organization. We also leverage highly respected industry experts with broad appeal to expand our perspective. This ensures that our messages are authoritative and authentic.

In summary, to effectively convert buyers, you must deliver content in the right context.

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3. Build out a scalable marketing infrastructure.

While your focus should be on creating high-quality content, a sustainable marketing program is impossible if you don't invest in the right technology, processes, and people.

Today's audiences expect a seamless experience from your brand, one in which they can interact with your content without interruption no matter what channel they are in.

Marketing automation is key to providing this seamless experience; however, many marketers aren't using automation in the right way. Your automation tools need to be integrated across all of your platforms as part of an integrated technology stack, informed by analytics on where and when you place your content based specific audience needs.  This requires quite a bit of investment to be sure, but it is well worth the effort to create connected interactions.

Another aspect to consider are your processes. It isn't just a matter of putting content on your website with a lead generation form. Today's marketing dynamic requires a flexible yet coordinated strategy executed through standardized processes that accelerate responsiveness. A content calendar should be developed and utilized by all teams that changes weekly based on content and channel performance.

The final, yet most critical pieces of your marketing infrastructure are your people.  Create a buyer focused team with strong content marketing and analytics skills who embrace technology. I look for people who are "marketing athletes," who have the flexibility to change roles. Each team member should have a clearly defined understanding as to what they're delivering and how it supports the buyer's overall journey. United by a market-focused vision, you will create a team of people with diverse but complementary skillsets.

4. Promote content with an integrated channel approach.

When it comes to your content promotion, it's important to balance the quality and quantity of audience touchpoints across paid, earned, and owned channels.

Buyers are exhibiting a high degree of cross-channel behavior – typically consuming content via 8-12 different sources during the buying process.

However, it is critical to remain focused on where you promote your brand. Despite the buzz about omnichannel, it's impossible to simultaneously and successfully manage your brand on every single channel. Based on the budgetary and resource constraints you are facing, you need to determine where you can maximize the impact of your content vs the investments required.

Go back to the research you conducted in step one and gather insights on the channels your buyers and influencers frequent. With these factors in mind, run an integrated multichannel test to understand how your channels work together to drive pipeline.

For instance, by testing the single channel promotion of a white paper vs. a coordinated, multichannel approach, we were able to determine that multichannel promotion not only increased content downloads fivefold, but our conversion rate by over 48%.

This data showed us that promoting content over more channels within a short period of time – typically within a few days – achieves exponentially better results. Our buyers can interact with our content when and where they choose, boosting the number of overall qualified leads and closed deals.

5. Utilize advanced analytics to optimize your marketing program.

Once your content is in market, dive into your analytics to capitalize on new opportunities and demonstrate success. Push your team to look beyond the raw data and gather the insights you need to improve effectiveness.

At the end of the day, your primary responsibility is showing how efficiently you generate revenue on a cost-adjusted basis. To do this, you need to make sure you're measuring the right KPIs.

Traditional metrics like page views and click-throughs, while still important, continue to decrease in utility and don't offer clear insight into ROI. While you still need to measure them, you need to view them as directional and in context with other buyer behaviors.

Shift your focus to build analytics on the elasticity of content performance (how content converts vs number of views it gets), velocity (when and how it is consumed, along with next steps taken), and contribution to pipeline and revenue. This will validate what topics are resonating the most, how buyer behaviors are evolving, and what you may need to do differently in your marketing strategy.

Ultimately, you need to be able to track who is consuming what, where, and when they're consuming it, and how it's impacting the buying process. You can then optimize your approach to enhance results. Do this and your marketing will nurture buyers across all channels in a compelling, consistent way.

Download our executive whitepaper Meeting Demand: A Guide to Becoming a Data-Driven CMO for more insight into the metrics that will transform your marketing leadership.

Author Ken Wincko is the Senior Vice President of Marketing at PR Newswire, where he manages the company’s global marketing strategy and serves on the Executive Management Committee. He has more than 20 years of marketing, product, and business development experience in bringing innovative marketing programs and solutions to market for both B2B and B2C organizations.  Ken is an advisory board member at the CMO Council and has been covered in publications such as the Wall Street Journal, Tech Target, Alister & Payne, The Demand Gen Report, and Marketing Sherpa. 

*Compare Your B2B Content Marketing Maturity, Forrester Research, Inc.

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Wednesday, February 17, 2016

[New Post] 10 Critical Ingredients for the Perfect Online Press Kit

 

Blogs

10 Critical Ingredients for the Perfect Online Press Kit

Erienne Muldoon

trade show press kit checklist

From dazzling booth displays to engaging mobile event apps, trade shows have embraced spectacular feats of innovation over the years. However, when it comes to marketing trade show content, are you packaging your cutting-edge news in an antiquated box?

The press kit — an essential part of any exhibitor's plan — can come in many forms, from hard paper copy and CDs to USB flash drives and online links.

While beautifully designed binders and engraved USB drives might sound like an enticing opportunity to showcase your brand's aesthetic, an online press kit is the most flexible, efficient, and cost-effective option.

With any type of physical press kit, there are many challenges: the content you include must be created, printed and loaded well in advance of the show; it's costly and/or time-consuming to update content at the last minute; and there is no way to capture usage analytics.

On the other hand, hosting your press kit online not only bypasses all of these obstacles, it's also available and shareable 24/7.

Once you've decided to create an online press kit, it is important to make sure the platform you use has the functionality you need as a one-stop shop for journalists, influencers and other audiences.

Check these 10 elements off your list when creating your next online press kit.

MOBILE-FRIENDLY WEBSITE

Having a press kit with responsive design is critical. From attendees walking the show floor to media switching between devices on the go, an online press kit needs to be compatible with smartphones, tablets, laptops and desktop computers alike.

To check if your press kit is mobile-friendly, try a free tool like Google's responsive design test.

BRANDED DESIGN

With a quick glance, a reader should be able to tell whose content is in front of them. Customizing the press kit with branding elements like your logo, banner and/or color scheme helps keep your company's message visually consistent.

Similarly, just as your primary company website should have information for how to connect with your brand on social media, the press kit should also be able to integrate live social media feeds or icon sets.

SHAREABLE URL

Since the press kit lives online, it needs to be easily shared and found via search engines. A succinct vanity URL can seamlessly fit onto a business card or be transformed into a QR code as quickly as it can be tweeted or emailed.

Add a toolbar with email and social sharing features; email functionality is also a great way to directly send a journalist your press kit when you're on the show floor.

Pro Tip: For maximum visibility, include the press kit link in all of your show-related communications, from email invites to press releases.

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BOOTH NUMBER

Because many journalists and attendees will establish their agenda ahead of the show, include your booth number, demo schedules and other event details in your press kit to get your company circled on the map, rather than skipped over.

CONTACT INFORMATION

Don't be shy! Include the full name, title, email address, and phone number(s) for at least one representative at the show. Be sure to list the mobile number for this contact so they can be reached during the event. Otherwise, a journalist on deadline might not get any further than voicemail.

Keeping in mind that your online press kit will be accessible before, during, and after the show, it's also smart to include a second or third contact who might not necessarily be at the event, but can answer questions from the office.

COMPANY OVERVIEW

Trade shows are hotbeds for startups and companies launching new branding and services. A brief background or overview section will give readers the context they need to delve deeper into your content.

This section is the perfect place to not only give a synopsis of the company's mission, but also spotlight details about when or why it was founded. For more established brands, use the overview area as an opportunity to highlight recent accolades or reaffirm the company's core mission.

RECENT PRESS RELEASES

What's the brand's story? Shape the tale media and bloggers will tell by providing a few recent press releases that are relevant to the event.

While the company may have hit a major milestone two years ago or announced an important product three seasons ago, these achievements are better suited for the overview section, rather than taking up valuable press release real estate.

Instead, feature fresh news pertinent to the show, such as a new product unveiling or award received.

VISUAL ASSETS

Stories with multimedia elements yield higher views and engagement numbers than their plain text counterparts, which is why many media outlets require some sort of visual asset for any original content they publish.

Make the hunt for videos and high resolution images simple by placing B-roll footage, YouTube demos, infographics, product shots, headshots, etc. at a journalist's fingertips—all in one place, right on the press kit.

SUPPORTING CONTENT

If news releases and visual elements are the stars of your kit, then pieces like white papers, case studies, FAQs, spec sheets, and speaker or executive bios fill the supporting roles.

These details inform the brand's larger story and can be a huge time saver for a reporter—as long as the information they need is available.

When selecting supplemental materials, you don't want to overwhelm the press kit with superfluous information; but you also don't want to leave it nearly bare.

Hit the Goldilocks zone by only choosing relevant pieces that support your trade show message.

REPORTING DATA

One of the fundamental benefits of using an online press kit over hard copy is the ability to gather usage metrics. However, not all reporting platforms are created equal.

Determine what analytics you're interested in ahead of time so that you can choose a system that offers the data you need to prove ROI.  Visitors, views, downloads, and clicks are essential numbers that your site analytics should offer.

Every press kit and news release you issue is a digital ambassador for your brand; it’s important to get them right the first time. Download PR & SEO: Still Driving Discovery for more tips on developing and distributing content that drives engagement.

Erienne Muldoon is a senior customer content specialist for Virtual Press Office, PR Newswire's trade show marketing solutions division. VPO helps global event professionals, exhibitors and trade show marketing managers reach their event goals through news distribution and online press kit creation.

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