Does Free Content Cannibalize Your Paid Consulting?
Transcript of Does Free Content Cannibalize Your Paid Consulting?
Does Free Content Cannibalize Your Paid Consulting?
@jaybaer
@juntajoe
Jay BaerConvince & Convert
www.convinceandconvert.comwww.nowrevolutionbook.com@jaybaer
Joe PulizziContent Marketing Institute
www.contentmarketinginstitute.comwww.contentmarketingworld.com@juntajoe
Is Content Required?
Death of the IntermediaryKnowledgeable ProfessionalsViable Technology
“Technology is shifting the power away from the editors, the publishers, the establishment, the media elite.
Now it’s the people who are in control.”
-- Rupert Murdoch
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Is Every Company a Media Company?
Professional services companies are creating content
Media companies are creating content
Increasingly, the type and quality of this content is strikingly similar
No more barriers to entry
What’s the difference?
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Three-Legged Success Stool
Search Engine Optimization
LeadGeneration
Social Media
STORYTELLING
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It should all be perfect, right?
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We still have major issues…
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The Content Marketing Institute
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About CMI
Lovers of orange
Everything content marketing
More than 70 content contributors
EventsBookseBooksBlogVideo
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Trojan Horse?
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But How Far Should You Open the Kimono?
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Concerns About Consultants’ Content
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My Clients Don’t Consume Online Content
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We Don’t Have Time to Create Content
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“Content Provides an Information Annuity”
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We Can Just Do Social Media, We Don’t Need Content
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“Content is Fire. Social Media is Gasoline”
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We Can Just Do a Blog
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Break Up Content 10x1
Pre-Activation
Distribution
Re-Imagine
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We’ll Give Away Our Secret Sauce!
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327,000 views
Attention Interest Action
“Having a Grocery List Doesn’t Make You a Chef”
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We Shouldn’t Talk About Price in Our Content
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David vs. Goliath?
Things to Consider Before You Dive In to Content Marketing
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1. Know Your Niche
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1a. Know Your Audience
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2. Know Your Budget
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Blogging (36 hours @ $45/hour) = 3 posts/week
Chunky Content (16 hours @36/hour) = 1 big piece/quarter
Social Media and Community Building (10 hours @ $45/hour, per every 10 employees)
Official Outposts and Measurement (24 hours/month @ $30/hour)
Total annual labor costs for a 50-person professional services firm = $62,280
3. Know Your Metrics
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Consumption Metrics
Sharing Metrics
Lead Generation
MetricsSales Metrics
Managing Content Marketing
How Open Are You?
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Questions!