Michael asks, “How do you find the balance between creation and promotion in content marketing?”
Great question – the answer is going to depend on which is more broken. Generally speaking, I’m a fan of mitigating the weakest point in any operational funnel until you hit diminishing returns. The question is, how do you know what’s weakest? The answer, unsurprisingly, is analytics. Watch the video to learn which analytics to focus on for creation and distribution.
Can’t see anything? Watch it on YouTube here.
Listen to the audio here:
- Got a question for You Ask, I’ll Answer? Submit it here!
- Subscribe to my weekly newsletter for more useful marketing tips.
- Find older episodes of You Ask, I Answer 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.
In today’s episode, Michael asks, How do you find the balance between creation and and promotion in content marketing? That’s a great question. The answer to this question is going to depend
on in your organization on what’s more broken. Now this is can be a contentious strategy because some people will say, double down on your strengths. Other people say, fix your weakest points.
I’m personally a fan of the ladder fixing your weakest point in any operational system until you hit diminishing returns. So for example, you say, in your marketing operations phone, that you’ve got a 40% conversion from prospect to lead, but a 1% converted from lead to opportunity.
Honestly, rather than take that 40% to 45%, if you took that
1% to 2%, you see significantly more return.
So again, it depends on on your your metrics within your content marketing funnel, and every division of your marketing has its own funnel content. Marketing has its own funnel, social media marketing has its own funnel from the perspective of operations, meaning, what are the things that you do like creation of content, or the distribution of content, or the activation of content that has its own stages, its own steps, its own process and its own measures? So how do you know what’s weakest? The answer, of course, oh, surprise here is analytics. When you measure the steps in your content marketing operations funnel, you measure the step from stage to stage creation, distribution, activation, and figure out where your content is doing least well. So what are those analytics? What are those metrics that you measure? Well, obviously, certainly one of the measures of content marketing is the ability to, to drive traffic to your website, get it to engage and then get as convert. So you’re going to have the basics right. But when it comes to creation and distribution, in particular, these are measuring was how is the quality of our content, meaning is the quality of the content itself doing his job of attracting the high quality engagement that we’re looking for. And then the distribution which is the the publication of the promotion of all technically activations promotion, but distribution or things like new users referral traffic audience quality versus list signups and then on the activation side, which is the paying side? What is your paid social reach? What is your cost per thousand impressions? What is your cost per click? What is your click through rate? Those are activation measures to measure the the the efficacy of your ability to attract audiences via payment. So let’s dig into some of these metrics. What are your creation metrics
when you’re looking at the creation of content? And you’re trying to measure it ultimately trying to figure out is the content engaging? is it doing its job of getting people to do stuff? So some of the metrics you’d be looking at would be organic search metrics, particularly unbranded unbranded organic search because your content should be attracting people who are interested in more than just your name, obviously, certainly, your name is important, but it should also be topically relevant, are you getting traffic that is relevant to what your business does. So this blog post is titled, about content marketing, because I want people who are searching for stuff about content marketing to come to my website, returning users is an important one. And it’s an
one to measure. But it’s one a lot of people overlook. Because of the way little a lot of web analytics programs, lay this out, returning users tells you who’s coming back, right, it’s easy to get that first click, it’s a lot harder to get that second click bad that return traffic. And so if you’re measuring returning users, you are by proxy, measuring the quality of your content, the quality of user experience, the quality of your engagement mechanisms, to get people to come back to your website, and engage again, with your content
time on page certainly is important. And
getting people to spend more time on your site is is a good thing. And this is where bounce rate has some relevance. If you want to lower your bounce rate, you don’t necessarily need to lower your exit rate. But you definitely want to reduce them. People who come in read something like man has, okay, and then they go back out. If your content is great, they should bounce they should come in, go. Okay, that was good. What else is here, right? And then read some more content, spend maybe some more time or browse a few more pages and then leave?
Right, it’s fine for
them to leave exit rate? I’m not worried about the bounce rate. Yeah, it’s indicating if people just in and out nothing else, or number of pages visited per session? Yeah, your content and all that good, especially for measuring new users pages per session. First time they come in, they don’t spend any time looking around, then maybe the content or the layout or whatever wasn’t that good. So so you need creation out there? And of course, conversions. Is the content compelling enough to get somebody to say, Yep, I want to sign up for your mailing list. I want to have someone call me or I want to download an E book or whatever the case may be. But those are all creation measures, the distribution measures, new users is an obvious one, how good is your distribution mechanism at getting new people into your website? If that number is is low, and getting lower, you got a problem. referral traffic is an important one How are you getting new people to your website searches important, but searches driven a lot by quality of the content. referral traffic is your ability to go out and tell people, hey, this thing is here, right? Social media traffic as part of referral traffic, organic social media, the ability for you to distribute your content well, to get that traffic out there.
And audience quality is another one
it that refers
to distribution strategy, when you look at your mailing list, are the people that you’re attracting to your mailing list or to your marketing automation or to your CRM? Are they the right people, are you getting a bunch of people who will never be customers and
you know, you just get you never going to get a single business results out of them, they never going to share your stuff, and so on, and so forth. If so,
you have a list quality now, except for list quality. All these other metrics in the distribution stage are measured within Google Analytics. So you can set up a dashboard in Google Data Studio to measure these things. And finally, the activation side looking at things like cost per thousand impressions, cost per click, paid social reach, click through rates, all those will tell you how good you are at activating an audience that you have that you have gathered or targeted in your advertising systems. Especially if you’re doing retargeting which pretty much everybody should be without exception. When you’re doing activation, you want to measure how efficient Are you with the dollars you’re spending at getting people to come back to your content. So those are the three ways to measure content marketing. And then the the way to to analyze this is to really scale all of these metrics on a zero to 100 basis so that you’re comparing apples to apples, and then look at which numbers the lowest right, so if you made that weighted average of that we scaled average of your creation of your distribution, activation. And look across the board at your dashboard. Oh, yeah, we’re a 74 creation over 33, a distribution. So we need to fix our distribution. And you’ll invest more time commensurately more time in distribution than you will in creation until you get those numbers
less of a gap between those numbers. And then you want to either What else we got everything like 60%, right, then you pick one. Okay, what do we best at? Let’s double down on that. So now that you’ve mitigated the weaknesses, you say, Okay, let’s go and double down on our strengths. Now that we’ve gotten, we’ve patched the holes in the ship is no longer thinking around us. Now we can start rowing faster, right? You don’t want to go fast, they got a hole in the bottom of the boat. So
great question, complex question that requires you to spend some time on the analytics in order to put together those blended averages and come up with those quick scores that you can monitor frequently and say, Yep, this is where we’re going, this is what’s most broken, let’s fix those things and we can get ourselves back on track. So great question. If you have any follow up questions, please leave them in the comments and of course, please subscribe to the YouTube channel newsletter. Thanks for watching. want help solving your company’s data analytics and digital marketing problems?
This is trust insights.ai 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)
Also published on Medium.