I read an interesting post at Social Media Explorer titled ‘Is content marketing the new advertising‘. More than the specific subject itself, which I write about occasionally, it made me wonder about the various entities that seem to be vying for the marketer’s attention. So even if we do limit ourselves to the thought that brands (and businesses) would create their own content, how does the distribution work?
I remember writing about this a few weeks back, and asking whether content is merely a titular king and distribution is the real power. Its ironic because much of the power of the web’s second wave is in the ability to create content and distribute it fast. But over a period of time, the platforms we use for sharing have undergone a consolidation. The presence of traditional media outlets and brands on these platforms validate this.
Now if we zoom out further and consider the various other things that are making their presence felt – social gaming, location based services (check out the Foursquare-Pepsi and SCNGR-Coke deals, and the new contexts of advertising they’re creating), group buying; apps on iPhone/ iPad (Murdoch and Branson are making a newspaper/magazine specifically for iPad) and Android. (do add on) This is in addition to the terrains that the incumbents – Google, Facebook, Apple, Twitter will discover and develop at least for some more time, and the technological possibilities that will arise. (eg. Augmented Reality, and the return of QR codes) Each of them are building their own distribution systems, and its difficult to bundle all the ‘content’ that appears on them under one umbrella. And that’s only the digital world.
All of this also makes me think of destination sites. I can count mine on one hand. Every other consumption is via Reader/Twitter/Facebook and occasionally email. When the web (and its consumption) is rebuilt around people and their connections, what value does a destination site (belonging to a brand) add? How does the brand deal with fragmentation? The good news for the brands is that there are many more options than ever before. Not every campaign needs to be a TVC, radio spot, newspaper ad, site banner. There are smaller, more scalable and more flexible options. The challenge is to find them, and develop things that enable them to connect with the consumers. We live in interesting times indeed.
until next time, many kings and many thrones
[…] Remember the post on Social Media Explorer titled ‘Is Content Marketing the new Advertising?’ I had linked to earlier, while on the subject of content, media and distribution? […]