As 2021 comes to an end, marketers take stock and plan for 2022 in anticipation of higher marketing budgets.
HubSpot conducted a survey with over 1,000 global marketers and identified five main trends to watch in 2022:
The pandemic has propelled short-form video at the forefront of digital marketing as a fun and convenient way to disseminate information. Short-form video will continue to rise in popularity in 2022.
As revealed by HubSpot, in 2021 influencer marketing has provided the highest return on investment (ROI) for marketers, and 2022 is shaping up to be an influencer marketing year as well. One trend we might notice is brands migrating towards micro-influencers as opposed to the most popular names because micro-influencers are likely to provide access to a smaller but more engaged audience.
Audio content is on the rise. Marketers have gotten comfortable with using podcasts and other forms of audio content to engage with their audiences on the go. One can listen to audio content while cooking, hiking, or engaging in other activities and avoid the screen fatigue that comes with video content consumption. 2022 will bring an even higher consumption of audio content.
Content marketing is a critical component of digital marketing given its effectiveness in increasing brand awareness, engaging online communities, generating new leads, and increasing sales.
What makes content marketing effective is that people trust editorials more than they trust advertorials. In essence, content marketing is a form of marketing that focuses on creating, publishing and distributing creative content for a targeted audience to generate leads and sales while informing and entertaining. Traditional marketing focuses on pitching products and services, while content marketing focuses on publishing engaging content.
Although content marketing gained traction during the digital age, the practice is nothing new. In 1895 John Deere founded The Furrow, a magazine designed to educate farmers about the latest advancement in the field, and help them find solutions to their problems. The magazine continues to exist today, not just in print but in digital format as well; it has a large social media platform, and is published in several languages around the world. The magazine helped crystallize the John Deere brand, and grow its market.
Forms of content marketing include: how to guides, white papers, newsletters, presentations, blog posts, social media posts, videos, podcasts, infographics, product descriptions, reviews, testimonials, and others.
#GEInstaWalk is a clever example of content marketing which allows the company’s Instagram followers to take a peek into GE’s facilities where cutting-edge technology is being manufactured. Amazon’s Building Your Book for Kindle free e-book is another clever example designed as a free guide to creating and publishing e-books. This is a great tutorial during the consideration phase when aspiring authors are weighing in their options. An example you might be familiar with is the Phyllo Shells recipes on the back of the package – the recipe itself might be enticing enough to make one buy the product, or vice versa. This isn’t something unique to Phyllo Shells however; there are plenty of food brands that offer recipes on the back of their package. It’s an ingenious form of content marketing.
Two local examples that stand out are the Catskill Dream Team’s real estate blog, and The Roxbury Motel’s whimsical themed rooms as featured on social media. How to Buy a Home in One Year: A Step-by-Step Guide, for instance, educates prospective buyers, but it also builds expectations of a lifestyle, and that’s exactly what a real estate blog is about. The Roxbury Motel’s internationally renowned themed rooms also have stories to tell. Breakfast at Tiffany’s, for instance, designed as a tribute to Audrey Hepburn, has the walls stained to match Tiffany’s flagship store on 5th Avenue. The chandelier that hangs above the bed matches the mini chandelier in the Tiffany window at the opening of the movie when Audrey is eating a croissant and staring in the window. The owners of the motel confess that in their twenties they would go around Manhattan re-enacting scenes from the movie. The following Audrey/Truman Capote quote guided the design of the room: “Tiffany’s! Calms me down right away. The quietness and the proud look of it; nothing very bad could happen to you there. If I could find a real-life place that’d make me feel like Tiffany’s, then – then I’d buy some furniture and give the cat a name.” These fun facts shared on social media are bold examples of clever content marketing.
Moz identified four phases of content marketing, which one of them carrying out distinctive goals and types of content to pursue:
Align your content style, tone and voice with your brand’s personality (set up guidelines)
Documentation (governance rules and workflow)
Content ideation, creation, promotion and distribution (team, tools and infrastructure)
Analytics (metrics to evaluate success)
Depending on the size of your project, building an adequate infrastructure will help carry out the tactics and the execution of your content strategy, both creation and distribution. Often enough the work is outsourced to content strategists, writers, editors, and coordinators equipped with tools to designing and implementing an effective strategy.
In sum, content marketing works because:
It provides valuable information;
It provides entertainment;
It sparks conversations that bring people together;
It forms communities;
It converts potential customers into actual customers;
A quick overview of what’s new and trending in the publishing and content marketing industries.
First and foremost, news from Amazon: Amazon authors may have received news about changes in the European Union (EU) tax laws regarding the taxation of digital products (including e-books). The Value Added Tax (VAT) used to be applied based on the seller’s country, but beginning January 1st this year the VAT is being applied based on the buyer’s country. Kindle authors were asked to re-visit their pricing strategies, and make adjustments moving forward.
Also, Amazon had gradually expanded its Kindle Unlimited services to include countries like Spain and Italy (since November 2014), France and Brazil (since December), and Canada and Mexico (since February). Kindle Unlimited is a subscription service that allows customers to read as many book as they like and keep them as long as they want for a monthly subscription fee. This is different from being an Amazon Prime member: anyone can subscribe to Kindle Unlimited services for a $9.99 monthly fee.
Authors who have enrolled their e-books in KDP Select, and have made their titles available to the Kindle Owners’ Lending Library ought to know that all titles enrolled in KDP Select are automatically enrolled in Kindle Unlimited as well. Authors do get paid royalties once a customer has downloaded and read at least 10 percent of their books. But there are concerns that authors actually earn less, as a result of fierce competition from other titles (Kindle Unlimited currently has a library of over 750,000 titles). You can read more opinions about Kindle Unlimited here. To learn more about authors’ royalties, visit https://kdp.amazon.com/help?topicId=A3BQJE2QV37M1B.
Mark Coker from Smashwords listed his predictions for 2015, which, as expected, include the increase in digital reading and independent publishing, but also some unexpected considerations. I find particularly interesting Coker’s prediction that independent authors will in fact face increased competition from traditional publishers in 2015, and also the fact that Coker expects many more indie authors to just give up. Coker also thinks that major publishers will begin experimenting with free products in 2015, a strategy that has been far too common among indies. At the same time, Coker warns that freebies aren’t what they used to be, because there are so many free books already on the market. We’ll see what 2015 bears for both traditional and independent publishers.
Social media will continue to evolve and bring ever more changes to the way we’re doing business. The landscape is becoming so complex, that analysts recommend an increased specialization in this field. While integration across multiple platforms has been unavoidable for some time, 2015 is seen as the year brands can no longer avoid paying for ads on social media. Video sharing is rapidly spreading, and gaining more popularity. SlideShare is also becoming trendier, as it plans to introduce video sharing capabilities this year. As a novelty, Twitter and Facebook may introduce a “Buy” button so users can make purchases without leaving these platforms. According to trend analysts, in 2015 interactive brand personas will become ever more common. To read more about social media trends, visit http://www.socialmediaexaminer.com/social-media-marketing-predictions-for-2015/.