They
market, they conquer. Giants are miles apart from average. They have mastered
the art of content marketing which makes them stand apart from average. There
are many companies who are successful in their business, but very few companies
are as successful as Apple and RedBull when it comes to marketing. Actually,
their content marketing strategies have become a benchmark in advertising
agencies. We will delve shortly into their marketing techniques, but let’s first
understand the basics of content marketing.
Topics:
- What is Content marketing?
- Why Content Marketing?
- The Apple Way
- The RedBull Way
- Conclusion
What is content marketing?
The
shortest definition would be – the art of storytelling. Anyone can make a
product but very few can market them successfully. That’s why many businesses
with great products fail to scale up in the long run.
The content
marketing has become a buzzword with the explosive growth of internet, but the
concept has been around for thousands of years. For instance, the Edicts of great
Mauryan emperor Ashoka were placed in all over ancient India from 268 BCE to
232 BCE. These edicts described moral and social percepts (kind of law) for
ordinary citizens. Was it content marketing? Of course, it was. As an emperor,
Ashoka wanted social harmony and loyalty from citizens. The edicts spread the
awareness about the emperor’s offerings, and they citizens have to subscribe
otherwise face punishments.
Similarly, businesses too want to spread their offerings and sell their products or services. And for that they need marketing, kind of Ashokan edicts to spread their words. Business can’t force the customers to subscribe their products, but they definitely can influence their buying decisions.
The Growth of Digital Content Marketing
The
traditional media outlets such as TV, newspaper and radio dominated the content
delivery mediums in the 20th century. Enter 21st century,
the internet has replaced the newspaper and radio, and competing neck to neck
with TV. In many countries, if we look at the total advertisement spend by
medium (TV, newspaper, internet, etc.), we can see how digital platforms are
outperforming the traditional mediums:
Country |
Total Ad Spend |
TV (out of total ad spend) |
TV Ad in % |
Internet |
Internet Ad in % |
Newspaper |
Newspaper Ad in % |
Japan |
US $38.42 billion |
$1.126 billion |
29.3% |
$1.034 billion. |
26.9% |
$280.466 million |
7.3% |
United Kingdom |
£20.868 billion |
£4,359 million |
20.88 |
£7,100 million |
34.02% |
£1,424 million |
6.82% |
Germany |
€17,624 million |
€4,545 million |
25.78% |
€5,491 million |
31.15% |
€3,694 million |
20.96% |
Brazil |
$16,481 million |
$11,812 million |
71.67% |
$1,768 million |
10.72% |
$1,032 million |
6.26% |
France |
$13.675 billion |
$3.962 billion |
28.97% |
$5.381 billion |
39.34% |
$944 million |
6.90% |
India |
Rs 60,908 crore |
Rs 23,432 crore |
32% |
Rs 11,705 crore |
19% |
Rs 19,457 crore |
32% |
Source: Advertising Spend Breakdown by
Medium (2018)
The above data depicts how digital mediums are fast becoming a get-to-go platform for content marketing.
Why Content Marketing?
Every
business has one ultimate goal, profit. And in order to generate profit they
must sell their products and services. To sell, they need to market their offerings
so customers can buy their products. On the other hand, customers’ buying cycle
consists of mainly four steps: 1. Recognition 2. Exploration 3. Comparison 4.
Buying
1. Recognition: Spreading awareness about the products and services is the first step. Customers might have a need or looking solutions for their specific problems, but they don’t know about your product.
2. Exploration: Once a customer recognizes your offerings, they will start researching about it. For example, a traveler has to go Mumbai from Delhi. He will explore transport options such as rail, air and bus services.
3. Comparison: Now customers will compare your offering with other business offerings. Customers look for best services at affordable price. So if the traveler decides to go via air then it will compare the prices of various airlines offerings.
4. Buying: Ultimately, customers, according to their need and budget buy the best product available at reasonable price.
Traditional
marketing techniques work great when it comes to the last two steps of buying
cycle. Content marketing comes into play for the first two steps – spreading
awareness and educating customers about the products and services. Now, let’s
dive into how giants’ way of content marketing.
RedBull Way
Great
companies never let you know they are selling their products. They tell you a
story, their uniqueness, and their value proposition. They spellbound you to
hook on their products. Our first giant, RedBull is a market giant in energy
drink segment. Some say, they are marketing agency first and energy drink
manufacturer, second.
RedBull
devotes 30% of its revenue on marketing efforts. Its content marketing
strategies revolve around – creating appealing visuals, sponsoring extreme
sports and music events, exploiting social media for better reach, and
influencer marketing.
You might have seen a video 2 Wingsuit Flyers BASE Jump Into a Plane In Mid-Air, where two wingsuit flyers fly at unbelievable speed or, this one Felix Baumgartner's supersonic freefall from 128k where a man jumped from the edges of space. What these videos have to do with the content marketing? Actually, they are trying to sell this idea – the people who live dangerously drink RedBull. But they are not telling it directly, they indirectly enter into the psyche of audiences. And their target audience is 15 to 35 years old individuals.
What we can learn from RedBull?
1.
Tagline
RedBull’s tagline is “Red Bull gives you wings.” And the above mentioned
videos show the “wings” to viewers. Maximize on your idea behind the tagline.
And create videos around the taglines.
2.
Work on your visuals
RedBull YouTube channel has 9.63 million subscribers. Blogs used to be
the great platform for content marketing efforts, but since the last 5 years,
videos have emerged as the most engaging content format. Create short videos
about how your product or service is solving a problem (it should be engaging
not educating).
3.
Focus on key content topics
RedBull key content topics are extreme sports, music, art, dance and a
lot more. Their wide spectrum of content topics provide them leverage to their
marketing efforts. Make consumable content for the right audience, and business
will follow.
4.
Create content for audiences
Redbull’s videos and other visuals create an enthralling experience
which customers would love to watch and enjoy the energy drink. Make your
content around your business proposition which attracts the customers.
To sum up, RedBull is a storyteller that spellbound the audience with their visual contents. Content first, product second.
The Apple Way
In Aug
2020, Apple’s market valuation reached to a whopping $2 trillion making it
almost equal to Italian economy (Italy’s GDP 2017= $1.99 trillion). Apple has
registered phenomenal growth thanks to their spectacular products and
unparalleled marketing strategy. Apple’s tagline “think different” sums up all
the marketing mantra in one line.
When you see an Apple ad on YouTube, you will find that they are not telling you how much storage or any technical specifications. Their videos are centered on one thing – don’t sell a product, sell an experience. This video Apple - Think Different, depicts how ‘crazy’ and ‘rebels’ (Gandhi, Einstein and others) who don’t subscribe to traditional societal norms have changed the world. Take another video, iPad Pro — Your next computer is not a computer, is another way of telling you that time of laptops are soon coming to an end. Apple products have created a status-symbol among millennial generation.
What we can learn from them?
1.
Simplicity
Whatever you do, keep it simple. Apple’s marketing team makes simple and
consumable content. Their ads don’t tell you how much storage the device has or
where you can buy it. They focus on one message in each advertisement. Don’t
run for selling your product through ads. If they like your content, they will
buy your product.
2.
Reviews are gold mine
If you look for Apple product reviews, you will see millions of reviews
and ratings more than four stars (out of five) on average. Today, any product
sold on the internet can’t escape from the scrutiny of customers. Reviews are
testimony of your products and it helps the customers in making a purchase.
3.
Great value proposition
Apple products are quite expensive and even their older products’ prices
have not come down. Why? Because they make sure everything they offer is of
best quality.
4.
Stand out
People have a natural tendency to look different and act different. They
want to be separated from the crowd. You probably don’t want to show off with a
Micromax mobile (no offense!), but with an iPhone, you can flaunt without
looking cheap. Remember, your products and services are not for everyone. So
channel your content marketing efforts for the right audience segment.
5.
Sell emotions not products
Can you create an experience that invoke emotion and add sensory
dimensions? Apple invokes emotions and RedBull adds sensory dimension while you
watch their videos. Similarly, you should try to sell an idea through content.
If you can create an emotional touch in your content, rest assured your
products will be sold too.
6.
Influencer Marketing
Apple partnered with YouTibe Creators’ unboxing videos and sponsored Instagram posts. Apple provides early access to influencers on social media platforms, which creates huge demand for their products before the launch. Find the influencers for your products, and let them describe and create a buzz in the market.
Conclusion
Content marketing is an art of storytelling. It’s not a rocket science, neither an easy pursuit. But there are some elements which can be pursued effectively by anyone with right approach. Create simple and unique content that resonates with your target audience. Focus on the idea first then your offering. You can build a solid audience base through promoting your content on different digital platforms. You can create a blog or a YouTube channel which interest you. There are endless opportunities to create awareness and garner loyalty from your customers. Once you gain the trust, marketing becomes easy.
Remember, content marketing is all about creating valuable content for the right audience. Let me know your thoughts how you are marketing your content?
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