Categories
Content Effectiveness Content Marketing

How much content is enough?

How much content is enough?  Neither content strategy nor content marketing currently offers a complete framework to guide how much content a brand needs to produce.  Each has a distinct orientation that is largely reactive to the problems it is most concerned with.  These orientations conflict with each other.  Brands need better guidance.

Why the quantity of content matters

Everyone involved with content agrees about some basics:

  • content is important to the success of brands
  • doing it well can be expensive
  • it is important that brands make an appropriate investment

Brands will reasonably want to know what is the right amount of content to create, and how much is enough.  They don’t want to waste money creating unnecessary content, and don’t want to miss the benefits that can be gained from quality content because they produce too little.

This seemingly simple question — how much content is enough — turns out to be surprisingly difficult to get a consistent, straightforward answer to.  It’s a basic question with profound implications, affecting both the size of investment in content, as well as how that investment is structured.  It’s also the question, more than any other, on which practitioners of content strategy and content marketing are likely to disagree.

If we look at general tendencies, we see that content strategists more often than not advise brands to offer less content: to be more selective in the content they present and the messages they communicate.  Content marketers tend to advise brands to offer more content: to be more active in how much content they communicate with audiences.   I am sure each approach will acknowledge exceptions can apply — but the contrast between the emphasis of the approaches is stark.   The question of how much content to offer reveals a deep philosophical difference between the approaches, and the different ways each perspective values content.

Let’s review a few anecdotal statements for clues into how each approach thinks about the issue.  I will then ask “lateral” questions to consider strategic issues related to the statement.  These “food for thought” questions aren’t intended to challenge the value or accuracy of a fact or opinion expressed, or meant to imply anyone said something they did not say.  Rather, they are meant to spark a wider exploration of ideas associated with the topic of the statement.  I present them because I feel that much of the discussion to date has not been giving sufficient attention to these issues.

Content strategy perspectives on content quantity

Content strategists emphasize the tradeoff between the quality of content, and its quantity.  Improving the quality of content for audiences is a major purpose of content strategy.  Offering less content can result in better quality, for many reasons: the content gets more attention when created, it is keep up to date, it is easier for audiences to find, and it provides a clearer messaging to audiences.  Among content strategists there is even concern that content marketing is worsening the perceived problem of too much poor quality content.

Margot Bloomstein, an influential content strategist and author, speaks about having a“quantity verses quality discussion” with clients, where she asks them:  “Can we do it better, not just more?”    “Should we be just writing more content, or should we be looking at that content and saying, is it laser focused” to meet communication goals?  She asks clients “are they meeting objectives, or are we just doing more content marketing, and hope?”  Food for thought: Can you shrink your way to greatness? 

Jonathon Colman, a respected content strategist, currently at Facebook:  “If you want to see who the leading organizations of tomorrow are going to be, take a look at who’s doubling down on content — not quantity of content, but quality of content experiences and services.”  He summarizes: “Quality > Quantity!”  Food for thought: Can having high quality content alone substitute for not addressing a topic your audience is interested in, and expects you to provide to them?

The UK Government Digital Service (GOV.UK), implemented one of the highest profile examples of content culling: it cut out 75% of its web content, and improved the experience for audiences in the process.  “We don’t care about traffic, we don’t care about numbers. We just need people to get the information,” Sarah Richards, content officer, told  a Confab session last year.  Food for thought: Does this approach work for organizations that don’t have a captive audience?

Content marketing perspectives on content quantity

Content marketers believe that content is a cornerstone of marketing, and consequently more content needs to be created to support marketing.   There has been a rise of content agencies, and in-house content staffs have expanded quickly, an indication that more marketing content is being created than ever.

Like content strategists, content marketers acknowledge that content quality is important, and should not be sacrificed for the sake of producing more content.  But while they recognize the potential tradeoff between quantity and quality, they don’t see it as an iron law that can’t be overcome.  In other words, more content doesn’t necessarily have to be poorer quality, and therefore more content can be desirable.

Content marketers worry about not being seen by audiences.  So while quality is mentioned, the clear emphasis of the content marketing community is on producing more content.

Joe Pulizzi  of the Content Marketing Institute (CMI): “Australian, North American and UK marketers all produced more content over the last year compared with one year prior.”   Food for thought:  Are all these brands wrong to be producing more content? Alternatively, are they all seeing benefits from producing more?  Are some wrong, but others right, when following the same basic advice?

A CMI survey of B2B marketers: “Producing enough content is the biggest challenge.”  Food for thought:  What’s the true constraint?  Is this a real problem, or a manufactured one?

Red Rocket Media, a content marketing agency, writing in econsultancy: “Creating more content gets results,” and they present data they say proves it.  Food for thought:  Will offering more content get the brand more love, or just better vanity metrics?

Is quality or quantity more important?

There is a philosophical difference between content strategy and content marketing.   I’ll use a grossly simplified analogy to illustrate this difference (accept my apologies in advance).  Content strategy is about magnetism; content marketing is about outgoingness.   Content strategy believes people will find you if you are likable, while content marketing believes if you find people they will like you.  Quality enables magnetism for a brand; quantity (or at least the availability of fresh content) enables its outgoingness.

The focus on quality verses quantity by itself does little to inform us about how much content is enough.  It’s important to understand what someone has in mind when they talk about quality.  Everyone agrees quality matters, but don’t necessarily agree what quality is.  Most people agree what quantity is, though they don’t always agree why or how it matters.

Quality is rarely robustly defined, so it remains largely a subjective judgement. People have many different ideas of what constitutes quality: ranging from like-ability to high production values to informational accuracy to content utilization.  Personal ideas about quality shape many of the assumptions used to develop goals for content.

Content strategists will argue the right amount of content is the amount that supports the goals of a defined content strategy, which will be unique to each organization.  Content marketers will argue as well that a plan with goals are needed, and the right amount of content is the amount that satisfies these goals.  Both perspectives might scoff at the idea that one would ask how much content is enough, in the absence of a strategy or plan.  They might consider the question naïve.  But brands would be reasonable to push back and ask: What is so mystical about the utility of content that prevents us from getting a sense of what is the right scale for content?  Can getting a sense of appropriate scale for content only be determined after some lengthy strategy review process?  Are there no guidelines at all?

Given the conflicting advice about how much content to produce, brands need better guidance.  This guidance needs to look at the complete picture, and not just react to worries about falling behind other brands in some particular area.  And that guidance needs to be specific about what is helped and hindered by a particular approach to increasing or decreasing content.  Most general advice either unrealistically promises “you can and should do it all” or vaguely advises that “it’s necessary to strike the right balance.”

Quality verses quantity is just one strategic trade-off that needs to be addressed in a content strategy.  It’s an important tradeoff, and one that deserves a deeper examination, especially given the wide variation in how people refer to quality.  There are other factors such as engagement, visibility and relevance to consider when determining how much content is enough. Each of these factors has its own tradeoffs.

So to answer whether a brand should be creating more content, or less, it pays to understand how different content goals will influence different directions for content quantity.  In a follow-on post, I will discuss in more detail how looking at four dimensions of content can help brands understand better the appropriate level of content to produce.

—Michael Andrews

Categories
Content Marketing

The content strategy and marketing relationship

How content strategy relates to content marketing has generated much discussion, as various practitioners learn more about what each other does.  There is growing acknowledgement that content marketing needs strategy, but how this happens is still not widely agreed.  Some people speak of a hybridization called “content marketing strategy” while others refer to content marketing as simply the tactical implementation of content strategy — a related but distinctly later stage of activity.  Implicit in these formulations is a game of one-upmanship, placing one aspect or another as the less important detail.

I have created a simple diagram to show how each side needs to relate to the other.  I hope to bring greater specificity to the discussion than has been generally offered so far, without weighing down it with  long explanations.

How content strategy and content marketing should relate to each other
How content strategy and content marketing should relate to each other

I decided to align content activities according to whether they are primarily focused on brand content in general, or on the relationship with a specific audience segment.  Obviously, audience and content are two sides of the same coin, so there are some things I’ve classified one way that others might classify differently.  One common responsibility is content experience: making sure content offers audiences engagement.  Practitioners are welcome to re-classify specific tasks as they like: I am merely trying to highlight broad tendencies.   I wanted to avoid classification biases based on fuzzy notions of “strategic” verses “tactical” activities, or narrow notions of sales-supporting verses overhead activities.

A second caution is not to treat this classification as a way to organize internally, or to equate activity names to specific job titles.  Ideally, everyone involved in content should work together as an integrated team.  No one person will be expert on all these activities, and some activities may not be familiar to you individually.  The list of activities itself is only indicative, and not exhaustive.

Organizations practice widely different ways of dividing up teams involved with content, based on many factors including budgets, oversight responsibilities and so forth.  My modest hope is that revealing the mutual dependence of various parties on each other for the success of the whole will promote better coordination.

— Michael Andrews

Categories
Content Marketing

Profitable insights from content marketing

In a previous post, I explained why a brand should not expect their content marketing programs to drive sales growth, because such expectations can interfere with a brand’s ability to build long-term relationships with audience segments.  In this post, I examine how building relationships with audiences using a content marketing program can lead to greater customer insights, support the development of the brand, and enhance profitability.

Marketing is fundamentally about identifying the needs of a segment, and understanding the profit potential the segment represents.  Content marketing enables long-term relationships with audiences.  Content marketing plays an important strategic role precisely because it has a long-term focus, rather than the short-term focus of promotional content.  As Philip Kotler notes: “marketing is not a short-term selling effort but a long-term investment effort.” Brands need engaging content to support that long-term effort.

Relationships enable understanding of marketing segments

Understanding customers for marketing purposes requires a higher resolution picture than offered by personas.  Personas may be a starting point for thinking about segmentation, and may have value helping content writers develop their content, but they don’t provide the deep insights available from data.  Personas should reflect data, but can’t themselves represent that level of detail.

Content marketing can be a fantastic tool for understanding customers.  The more you talk about the interests of your customers, the more they will open up and the more you will learn.  While customer research using content marketing is not a substitute for ethnographic research or other qualitative techniques, it can deliver tremendous insights that can deliver profitability.

Businesses exist to be profitable, and a key part of that is knowing who is profitable.  Audience directed content can help answer at.  When content is focused on the natural interests and motivations of people, they will share their views and preferences in ways more faithfully than in surveys or focus groups.

Part of the purpose of content marketing is to learn what segments are most profitable for which products you offer.  Targeting content helps to distill target market segments according to actual motivations.

Brands can learn many things about potential customers through content:

  • the interests of different people, according to how attracted they are to content of different themes and genres
  • what their attitudes to different topics are, and how their attitudes may shift according to different dimensions of a discussion
  • their values: what they spend time on, what they most talk about and share with others
  • demographic information: household characteristics or profession, either self revealed or inferred through content usage, which can be cross-referenced with offline research sources
  • financial orientation: concerns about finances and willingness to spend on certain kinds of products and services, which can be cross-referenced with offline market data about income, assets, spending and credit

Content can foster audience activity by presenting audiences something they care about, and offering them something to talk about.  This activity produces data on:

  • content consumption behavior
  • search terms used to discover content
  • social interactions relating to content

Through the use of standard digital analytics techniques involving cookies and IP address identification, marketers can learn more about who is engaging with the content, and where else they spend time online.

The process is iterative.  As marketers learn more about distinctions that matter within a segment, they can refine their segmentation to adjust the focus of content, potentially creating new areas of content focus that are even more closely aligned with the interests of a group.  They may also conclude some segments aren’t likely to be profitable, and avoid actively marketing to them.

Even though this content is not aimed at selling, the insights that can be developed from it are useful for developing sales oriented content to present when people from a segment have a need to purchase something.  First, the insights provide guidance on how to message to a segment by using criteria that matter most to them.  Second, the insights help to personalize the offer.  The marketers understand how a segment evaluates a product, and how their values, interests and general circumstances come into play.  They get better insights into what are the chief dis-satisfiers for a segment, can tailor what they recommend based on expected satisfaction of a particular model for a given segment, and offer incentives as necessary to prevent “buyers remorse”, be they discounts codes or coupons, upgrades or membership award perks, or after sales service.

The exact mix of the personalized offer has a big impact on the profitability the brand realizes, so being able to optimize the mix through data developed from audience interaction with content is highly valuable.  Content can clarify how personal values translate into revenue value.  To cite a basic example, some customers will be more time sensitive than others, so they will value time more highly.   The widely variable pricing and service levels the airline industry offers different passengers is based on projected customer profitability.  Some of the this profit yield maximization is starting to be adopted by other industries (without the baggage of having high fixed costs for an essentially undifferentiated product.)

Aligning brand values with values embraced by market segments

Since the purpose of content marketing is to develop a long term relationship rather than a short term sale, it provides an excellent vehicle for brand building.  Calculating the ROI on brand activities is more involved than calculating the profit margin on sales, but it is well established that strong branding reduces sales costs, since you have to do less “selling” when people already trust your brand.

Emotionally engaging content is a powerful way to develop a sense of shared connection with audiences.  You have enhanced your brand with the target segment to the extent your content captures a sense of shared identity with the audience engaging with it.  Customer segments will share common concerns and interests (the segmentation), and the brand needs to learn what these are and how they relate to the brand’s values.  Brands can promote and contribute to the interests of the segment, by offering them exclusive content resources not available elsewhere.  Content can be tailored to match segment’s interests, and highlight common values between the segment and the brand.

The role of content marketing is to translate high-level brand values into content that embodies more specific brand attributes that will resonate with various audience segments.  The content will have a niche focus, but by using a coordinated content marketing strategy, individual segments can be aggregated into larger groupings to align with products and divisions in an organization.

Applications

To see how brands can use content marketing to enhance profitability without resorting to using content as a sales tool, we will examine an example from a unit of HSBC.  While many consumers rate their bank as being unhelpful, HSBC Expat, a unit that manages funds for people who live in foreign countries, has managed to develop content that shifts common brand perceptions.  They have created a community open to all (one doesn’t need to be a customer) that focuses on issues of vital concern to expats. Some of these issues are financial, but most of them relate to other life concerns such as housing or schooling. HSBC contributes some of the suggestions, while community members supply their own tips.

A screenshot of HSBC's content marketing aimed at British expats
A screenshot of HSBC’s content marketing aimed at British expats

The content works well on many levels.  While I don’t have any visibility into the internal metrics of the site, one can see that it has been successful attracting participation.  The content is valuable to expats who access it, and it also provides HSBC with insights into the concerns of expats, and what they most value.  Many comments concern issues like language, or making friends.  Other issues are more specific to financial topics such as taxes.  HSBC can understand more about the various audiences who interact with the content.  Some people will already be expats, while others will be thinking about becoming expats, and some may be ready to give up the expat life and move home.  By providing an emotionally safe space to discuss these topics, free of sales content, HSBC can understand how to serve needs of prospective customers in different situations, and be seen as a brand supportive of their needs.

This example uses a community model, but other media such as videos and games can be used to foster greater engagement.  The focus of the content can be anything that matters emotionally to an audience segment that has relevance to the brand.  In many cases brands develop content around a theme that isn’t directly tied to the brand’s products, but represents aspects of the brands values that resonate with audience segments, which could be values such as performing at one’s best, or innovation and creativity.

Content marketing’s unique role

When brands embrace the possibilities of content marketing as a living laboratory that supports their evolution, they can gain precise insights from small, well-defined segments.  In contrast, when brands expect content marketing to deliver sales growth, they have to chase large numbers of people, and can’t offer content truly targeted to the interests of any group.

There remains a role for persuasive sales content to support the customer’s buying journey, and task focused content to support after sales support.  People who are motivated to do something expect to be persuaded that your choice is the right one.  When they decide what they want to do, they want to get on with it, and need content to facilitate that.  But recommendations only work when people are ready to make a decision, and are interested in listening to the opinions of the brand.   Persistent persuasion, even when subtle, is exhausting, and people’s attention will wonder elsewhere.

To become engaging and sustainable, content marketing needs to provide emotional safety for audiences.  Content marketing also needs to provide brands with actionable insights that can enhance their profitability in order to become a sustainable strategy.  Neither of these things is easy to do.  Engaging content requires enormous creativity and sensitivity to audience needs.  Insights also require creativity to identify, and imagination to see how they can create big opportunities for brands.  Despite the effort required, the payoff can be great precisely because so few brands do either of these things well.

—Michael Andrews