I know I’ve felt pressured for time in the past, to just create something without putting in the work. But in the era of massive content shock, good enough isn’t good enough any more.
What content marketing ideas can you improve on? Examples include:
- The KPCB Meeker Report which, as Tom Webster of Edison Research points out, is heavily biased towards KPCB clients
- A Twitter stock market study which is an interesting idea but not as thorough as it could be
- Raw data laying around everywhere
What generic ideas can you borrow and execute flawlessly on?
- Custom research or custom methodology on public data
- Making something new that hasn’t been done before or for a very long time
Can’t see anything? Watch it on YouTube here.
Listen to the audio here:
- Subscribe to my weekly newsletter for more useful marketing tips.
- Find older episodes on my YouTube channel.
- Need help with your company’s data and analytics? Let me know!
What follows is an AI-generated transcript. The transcript may contain errors and is not a substitute for watching the video.
Well, folks, Happy Friday. It’s another Friday feeling. And today I’m
talking about feelings around time and quality. I know that in the past, I felt pressured for time
always true in and especially if you didn’t like client service industry, it’s feels like feast or famine. You know, some weeks you’re just crazy all out other weeks, you’re like, well,
guess good update website.
And it’s that those cycles that make it difficult to plan ahead and difficult to create the best quality content we could be creating.
Especially in those weeks. When you’re crunched for time. You just feel like okay, if I could just get this thing off my to do list. I’ll be in good condition. Off we go. But
in the era of massive content shock,
really isn’t good enough anymore. Good enough is not enough to be heard when we are at a point now where I think we we ran the math on this recently, they’ll do about 100 million news stories in, which is a massive leap up from
just five years ago.
That works out to something like 190 news stories per minute. Now, granted, that’s planted planet wide, but that’s a tremendous amount of news. That is a tremendous amount of
competition for the same eyeballs, competition for the same
And it’s tough if if our content isn’t better than the alternatives. When you think about it. We’re not competing with you know, who are direct competitors. I mean, we all work if you’re if you work at a
soda shop or a soda company.
Other beverage companies are your competitors. But in an era when attention is so scarce, everybody is your competitor. If you’re watching this video now, by default, you’re not watching another video. So we’re all competing for the same amount of attention, which means that our content has to be top notch
and we see this and we see this in the content that’s being created out there or not being created. There are are a couple of pieces of content that come to mind. I think that we could improve upon someone could improve upon and
garner the the rewards of doing it. This past week, the well known Kleiner, Perkins Caufield, Byers
Meeker report merrymakers report she’s
well the employees of a PCB and puts out a massive, well curated
Mega deck of slides of all these interesting statistics.
However, there’s an interesting bias to that report. My friend Tom Webster at Edison research pointed out when he looked through the report last year and struggled this year, while it is a well curated landscape view of major trends in in digital and on the internet, it is heavily biased towards Kp CB clients in a blog post, which I’ll link up in the show notes. Tom points out that in the digital audio space, they spend a lot of time on Spotify, which is one of their portfolio companies. They spend no time on Pandora which is a Spotify is nearest competitor and not a small company. And to omit that shows a clear bias there
sitting down this week with some of the folks from
from a consulting company and really
Looking at this Twitter report
as report using Twitter data, it was not by Twitter as a report done by some academic researchers using Twitter data
and stock market data to try and find a correlation between a mood of the population in a given area and the impact on the stock market in that area. It’s an interesting idea. But when you dig into the report and really read through their methodology and stuff, and you have to have a statistics background to to interpret everything that’s in it, but it wasn’t as thorough as could be the methodology, their their mathematics were ok. But their data collection and how they pull data out of Twitter’s API was not as robust as it could have been. So that was another case where it wasn’t time that somebody ran into that was lack of capability, a lack of having the right tools to be able to pull off a really good report and third example from this.
Week tons and tons of raw data just laying around everywhere. It’s astonishing how much data is available for free licensed for public use, that people just aren’t doing anything with a number years ago in some work with IBM positions idea of the citizen analyst, somebody could take a tool like IBM Watson Analytics and public data sets and invest time to, in creating custom analyses of public data about things that they cared about causes they care about, and that never really came to fruition.
The tools are good, I mean, IBM Watson Analytics is a fine piece of software, I use it and it’s more that people don’t have either the time or the willingness to put in the work to turn that data into analysis and insights.
So what does all this mean? Well,
it means that there are bountiful opportunities for us all of us to take
borrow the idea. don’t borrow the actual content because that’s obviously copyrighted and proprietary but borrow the idea and execute on it better. So the Meeker report is a compilation of data and almost all of its publicly available data stock filings and other people’s research reports that are licensed for fair use, etc. nothing stopping any one of us from fixing the biases in that report, creating a bigger, more thorough, more balanced report of the internet landscape, including lots of companies that are not in the K PCB portfolio
with the stock market idea with Twitter data. There’s an opportunity there to improve the methodology, improve the data collection and redo that research but with the best tools available.
I remember one of the things I was looking at that report was they were using a really, really old sentiment library. I was like, Man
There’s there are much better ones available. Now Watson natural language understanding would be one. If you don’t want to pay for it, you can even use like the vintage NRC library.
the third thing is all this data. There’s so much of the laying around, I think this is where the, the
the blue ocean or green fields are white space or whatever analogy you want to you want to use.
There is tremendous opportunity to turn all the data that’s out there that no one’s really done a great in depth analysis into interesting content, interesting content that supports different verticals and things like that. I was poking around a job listings website and pulling out, you know, thousands and thousands of job listings just to see what the trends are geographically in certain types of hiring
that as far as I know, has not been done recently. At least not at the
The scale of data we’re working with, but it would be cool to turn that into something actionable. So
I feel like we collectively could all be doing better with the data we have with the analysis, the quality of analysis we do and what the insights we generate.
And like I said, it’s not that what’s out there is bad, but it’s not as good as it could be. And for the folks who are willing to put in the time and the effort and the creativity and and just the elbow grease on it,
you have the opportunity to dominate in your vertical in your content marketing space with some of this data. So that’s today’s Friday feeling very introspective on the state of data data storytelling. I look forward to seeing what you create. Thanks for watching. As always, please subscribe to the YouTube channel and to the email newsletter.
I’ll talk to you soon. Take care
if you want help with your company’s data and analytics visit Trust Insights dot com today and let us know how we can help you
You might also enjoy:
- How to Set Your Public Speaking Fee
- The Evolution of the Data-Driven Company
- Best Practices for Public Speaking Pages
- How to Set Your Consultant Billing Rates
Want to read more like this from Christopher Penn? Get updates here:
Get your copy of AI For Marketers (2019 Edition)