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ConvergedMedia: Strategic Benefits & Key Success Factors



converged media

Marketing success hinges on the customer journey. Leaders in marketing understand this concept and put emphasis on the customer journey at all touchpoints. Converged media enables seamless marketing across multiple channels, including social media. This report reviews the vendors and explains the key benefits of converged media. It's written for media and marketing professionals who wish to use social media to improve their brands and reach customers. It offers suggestions for media strategies that work and best practices for converged media.

Paid, owned, and earned media

Content marketing plans must consider the convergence of earned, paid and owned media. Although the idea of convergence is not new, marketers are publishing their findings for many years. The best balance between these three types depends on the business and KPIs of your company, as well as your deadlines. In this report, we'll take a look at the converged model and some of the best practices for its implementation.

Social media

A multitude of marketing channels have been created by the convergence of earned, paid, 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's how you can make the most of social media marketing.

Digital radio

Radio broadcasters face many challenges, as digital platforms continue to expand into other areas. Radio broadcasters now have many options, not only do they need to deliver content and engage their audiences, but also new media platforms offer them many opportunities. New Zealand's radio stations want to establish themselves as a major music entertainment brand. They launched The Edge TV and other streaming platforms. This will consolidate The Edge's position as New Zealand's number one music entertainment brand.

Radio online

An Internet-based radio station is a perfect fit for today's radio consumer society. Listeners expect more control over the content they hear and immediate access to songs that suit their mood or preference. Online radio stations are becoming a strong source of traffic. Online radio will only continue to evolve in a constantly changing media environment. It may even be argued that radio will become a completely new medium altogether.

Online video

The consumer has become more independent and can now distribute and produce content. Convergent technology and communication, commonly known as media convergence, has made it easier to enter the market. Consumers have been empowered to create and produce content through digitization. YouTube stars have made thousands of distribution channels to reach worldwide audiences. While convergence has allowed for instantaneous changes and the birth new content types, consumers are now better served.




FAQ

Is content marketing worthwhile?

Content marketing is essential to any online business strategy. It is also an extremely effective way of promoting your brand. Content marketing is not just valid for customers, but it makes you stand out from the competition.

It's all about providing valuable information that people want and need. Successful companies use content marketing to engage their target audience.


How do I calculate my return on investment from a Content Marketing Strategy

The average return on investment (ROI) for businesses that implement a Content Marketing Strategy is between 5x and 10x higher than for businesses that don't.

A Content Marketing Strategy can be used to generate leads or sales.

It's also designed to provide valuable insights into your business. These insights can help you make better business decisions like identifying new opportunities or improving customer service.

So, if content marketing strategy is something you're interested in, here are some numbers:

You can easily increase your overall revenue.


Do I need to hire a writer for my Content Marketing?

No! There is no need to hire professional writers to write content for you business. There are tons free resources to help you get started.


Is it easy to measure content marketing?

Yes! It's part of the process. It helps you determine whether your efforts were successful and whether you need to make changes.

It's possible to track how many visitors came through different sources--including email, social, and paid ads, as well as track conversions such sales leads and purchase orders.

These metrics allow you to see which content is performing well and where your greatest opportunities are.



Statistics

  • This marketing strategy landed Ford a 15.4% conversion rate. (neilpatel.com)
  • Content marketing produces 3X more leads per dollar spent. Content marketing costs 62% less than traditional marketing. (criteo.com)
  • Out of the 1,500 marketers we surveyed for our State of Content Marketing report, 78% who felt their content marketing strategy was exceptionally effective in 2021 had documented their strategy. (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)
  • 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)
  • To further show the importance of this, 89% of people have stopped doing business with a company because of a poor experience. (neilpatel.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)
  • Progress indicators (0–100%) allow each team member to see how attainable each goal is and understand what remains to be accomplished. (semrush.com)



External Links

semrush.com


slideshare.net


contentmarketinginstitute.com


copyblogger.com


blog.hubspot.com


hubspot.com




How To

How can I get started with content-marketing?

Organizations can use content marketing to reach potential customers or generate leads online. By providing useful information about products and services, it helps you to connect with potential clients.

Content marketing fosters trust among visitors, which in turn increases brand loyalty and results in higher sales conversions.

A blog is a great place to start. Blogs are user-friendly platforms that allow you to post fresh articles regularly.

This allows people to return to what you have written often. To share information and news with your followers, you can use social media platforms like Twitter and Facebook.

You can also create videos and add them to YouTube. These videos can educate viewers on topics related to your business.

Canva is a tool that allows you to create infographics. Infographics allow you to visualize data. These are useful in explaining complex concepts and making it easy to comprehend information.

More readers will be attracted to your blog if they are more consistent and frequent.




 

 



ConvergedMedia: Strategic Benefits & Key Success Factors