Peter Drucker said: “The purpose of a business is to create and keep a customer.” This succinctly stated truth is the essential requirement for every brand.
Although Peter left us in 2005, I think he would agree the spark that keeps the customer relationship going is relevant content. It’s a fundamental way to create trust by proving you understand what your audience values.
84% of us turn to the internet for relevant content, especially when it comes to subjects like the government, news, healthcare, and commerce, according to the Pew Internet and American Life Project; 75% of us say we get what we are looking for.
For some more revealing percentages, here are number of reasons every brand needs a content marketing strategy in 2012.
- 93% of CMO(Chief Marketing Officer) ’s plan to use some form of user generated content in their marketing effort this year.
- 92% of shoppers have more confidence in information sought online versus a salesperson or some other source.
- 90% of all purchase decisions begin on the internet.
- 90% of CMO’s participate in an average of 3 or more social media activities.
- 84% of brand managers says they use online videos on their brand websites for marketing product and services
- 81% of CMO’s say they plan to track social media activities to revenues in order to determine ROI. However, only 40% actually do.
- 78% of marketers believe content is key to the success of their organization but only 49 have a content strategy in place
- 78% of B2B marketers say generating high quality leads is their top priority
- 77% of search users choose organic over paid search listings
- 74% of consumers rely on social networks to help them make a purchase decision
- 73% of companies now use social media for marketing
- 66% of companies report using online video for brand awareness; 21% for lead generation and 12% for ecommerce/sales
- 66% of marketers says their greatest concern is lead generation; only 17% say it’s brand awareness
- 62% click a link on the first page of search engine results
- 61% of marketers say they implement a social media strategy for lead generation
- 60% of retailers use customer reviews as a form of content marketing
- 60% of brand managers says they are going to increase spending for online videos in the next 12 months
- 55% of companies use case studies as part of their content marketing strategy
- 51% use a blog for content marketing
- 51% of marketers say they are going to increase content marketing spending within the next 12 months
- 49% of shoppers have made a purchase based on a recommendation from a social network
- 44% of all content shared on internet comes from Facebook
- 43% of companies says they are writing “white papers” and sharing them online as part of their content marketing
- 43%of companies report higher click-through on RSS feeds with reviews than without
- 32% of consumers now browse or research products at least once a month on mobile devices
- 26% higher conversion results for products when they have product reviews
- 26% of total marketing budgets are allocated to content marketing by B2B marketers
- 25% of search results for the world’s 20 largest brands are links to user-generated content
- Only 21% of branded mobile apps now contain videos. However, 70 of brand manager says they are going to add videos to their mobile apps within the next 12 months
- 14% of B2B marketers say they send e-mails on an opt-out basis; down from 23% a year ago
- Only 2.6% of all brands views occur through off-site embeds of branded videos
- 300 other companies compete with Facebook for content sharing
- 30 minutes is the average that people watch online videos every day
- E-mail providers, such as Yahoo, AOL and Gmail, all use the number of time a consumers hits the “report spam” button as their #1 criteria for sending future e-mails to that consumer
- Companies with over 1000 employees use an average of 9 content marketing tactics
- Companies with under 10 employees use an average of 6 content marketing tactics
Laurence Peter, the educator who developed the Peter Principle said, “If you don’t know where you’re going, you’ll probably end up someplace else.” The numbers clearly state content marketing is on the rise but, before you jump in, have a content marketing strategy.
NOTE: The facts and statistics in this post all feature studies conducted within the last year. The sources include: Nielsen, eMarketer, comScore, Edelman Digital, BazaarVoice, MediaPost, Webbiquity among others with appreciation.
In the compilation of the stats, the best infographic I came across on content marketing comes from Marketo and was passed along by Wendy Emerson at business2community.com because a picture is worth 1000 words. It is below.
Posted on December 01, 2011 by Rob Petersen 42 reasons every brand needs a content marketing strategy in 2012