Posts Tagged ‘earned media’

Seattle Social Media Tips: Paid, Owned, & Earned Marketing

Digital marketing is quickly becoming one of the most important outlets for businesses that want to grow themselves, but most users don’t understand the differences between various types of online marketing except that some are free and some are not. Understanding various types of media is important for Seattle businesses that want to promote themselves in a digital setting, mainly because understanding means that you can use it to create strategies that work.

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What is Paid Media

Paid marketing includes most basic paid advertisements including PPC, banner ads, and paid coverage such as a paid blog or article on a popular website.

What is Earned Media

Earned media is media or marketing material that you earn without paying for. Examples include press release coverage, coverage in a local newspaper, unpaid coverage or reviews on blogs, and user shares. Earned media is often accomplished by sharing valuable information and data, such as infographics and videos, doing something noteworthy, or reaching a press worthy milestone. Earned media also includes partnerships, offering free content in exchange for a review, and generally any sort of PR efforts.

Owned Media

Owned media is the least important of these three, but still important for digital marketing. Owned media includes any media content or hype created by the company for the company. For example, a blog posted on the business website is a great example of owned media.

How to Use Them

While the ideal for almost any business would be to create a great deal of earned media through viral content, the truth is that it is rarely that simple. For example, earned media is usually either paid or owned media, which may confuse you at first until you realize that you have to create content that is either yours or have someone else create it for you.  The most common reasons that content goes viral is social sharing, which also means that you have to first get users to see it. Essentially, unless you already have a fairly large number of visitors to your company blog or YouTube channel, then paid media in the form of posting your content elsewhere, or paying for advertisements, is the best way to go to create earned media.

So earned media, which is created from shares and interest in your topics, is typically generated from paid media. The result is a marketing strategy that should include both paid and owned media options, both with the intention of created earned media through shares and additional coverage.

Any good local social media strategy will include paid and owned media with a marketing strategy for creating earned media. If you want to make it happen for your business, you need a Seattle social media company that knows how to work with all three to create results. Hybrid campaigns are the most successful option, and also the most logical. Companies ranging from General Motors to Orange are taking advantage of campaigns that maximize the use of every type of media, and you should be to.

Contact us to find out more.

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Seattle Social Media Tips – Integrating Earned Media To Increase Revenue

Social media is already recognized as a driving force behind ecommerce and brick and mortar sales, but some areas are more efficient than others. While advertised media has been the driving force behind social for some time, experts are now pointing to the growing field of earned media, which earns more revenue and offers more social interaction than any amount of paid media. So what is earned media and how can you get it to work for you?

Earned Media

Earned media is quite simply media that is earned through promotional effort rather than advertising. The concept is nothing more than idea that earned traffic is earned rather than paid for, and is usually gotten through promotions such as giveaways and incentives. For example, a restaurant offering a discount coupon code to Facebook fans is more likely to get actual sales from their Facebook, and an ecommerce store offering a free $50 coupon to a random fan who attends their tweet party gains exposure, and fans.

As an example, eBay frequently promotes their ‘Green’ section on Twitter by holding a Twitter party to talk about green products. Fans have to tag the eBay Green Team and hashtag them and follow them, and then each person who tweets at them is automatically entered into an hourly drawing for a gift certificate for as long as the event lasts. The result is usually around ten thousand generated tweets that all mention and tag the Twitter, and many of which link specific products. While it doesn’t always generate direct sales, it does generate a great deal of new content, interaction, and more exposure.

In another example, the popular fashion brand White House Black Market holds competitions on Instagram for posting photos of women wearing their clothes, tagging them, and sharing on Facebook and Twitter. The result is a huge library of women wearing their clothes, which ups promotion, increases interaction, and helps make sales because consumer photos are similar to consumer recommendations in that they drive sales, and all for the cost of a $2,500 gift certificate to the store. While a little too much of an investment for smaller businesses, it generated thousands in revenue for White House Black Market as well as numerous followers on Instragam and Facebook.

Integrating Earned Media Into Your Social Strategies

Integrating earned media into your strategy can be intimidating at first, especially if you don’t have a huge fan base. Offering smaller giveaways, deals, or incentives to customers such as $5 credit on your fifth visit, coupons, or discounts, can help to build your customer base by increasing awareness. Offering free samples and even gift certificates to influential bloggers such as through Klout Perks can help you to increase awareness and get good reviews and more buzz about your business.

Essentially earned media isn’t free, but it does net you more interested and engaged consumers who are more likely to make sales. The most common strategy is to offer an incentive in exchange for a like or follow, which you can then use to make a sale.

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