Post courtesy of American Business Media
There wasn’t an empty seat in the house as Joe Pulizzi, founder and chief content officer of Junta42, kicked off Custom Media Day 2010, a full-day program from ABM, Junta42 and the Custom Content Council.
Quoting an anonymous global brand’s CMO, Pulizzi set the day’s theme: “Al Gore created the Internet, and now we are all publishers, whether we like it or not.” A perfect storm of content has spurred the growth of spending on custom activities – SEO, lead generation, social media, etc. – and now, everyone wants a piece, from traditional publishers to direct marketers to agency executives and others. In fact, the latest study from ABM, the BMA, Junta42 and MarketingProfs, entitled “B2B Content Marketing: 2010 Benchmarks, Budgets and Trends,” found that the average spend on content marketing (creation and distribution) consumes 26% of a company’s total budget. And 96% of those surveyed reported that they’re maintaining or increasing that spend over the next 12 months. (Click here to request a copy of the final report.)
During the program’s panel session, experts explored opportunities for publishers with new media devices like smartphones and the iPad. Panelists focused on how media companies can create immersive digital magazine experiences to keep up with expected growth through 2012. One indicator of this growth: Amazon.com sold more e-books than hardcover books last month. While Web-based technologies aren’t optimal for branding experiences, the iPad is the first device to showcase digital magazine capabilities.
Considering the fact that Apple sells an iPad every three seconds, it’s clear that consumers are dictating how they want to receive media in today’s multi-screen world of content consumption. And there’s good news for advertisers: 70% of readers are less likely to ignore display ads in digital editions than on Web sites.
According to min, Internet access from mobile devices will surpass access from desktops in just five years. So, although only a small percentage of your audience may be currently demanding a mobile experience, that number is sure to grow, so start (carefully) experimenting now. Click here for a guide to e-readers from Nxtbook Media.
Other speakers, like Dan Blank, founder of We Grow Media, also advised attendees to start focusing on these new revenue streams immediately. He acknowledged some of the challenges – like clients becoming competitors, new skill sets, and protecting existing revenue streams while pursuing organizational change – but encouraged scaling interaction and credibility to engage your audience. Blank pointed to success stories like Demand Media, Flipboard and Radian6 as examples of workflows and user interfaces that are impacting content.
Keynote speaker Jim Hopkinson of Conde Nast Digital/Wired.com brought his “audible caffeine” to the program. He suggested three very distinct steps for an optimal content strategy: Find your voice. Build your brand. Spread the word. He also shared case studies on brand building (GoDaddy.com) and brand tarnishing (Tiger Woods). To check out Hopkinson’s entire presentation, visit the ABM Video Network at www.AmericanBusinessMedia.com.
‘Tweetable Tweets’
Custom Media Day didn’t just occur in-person this year … The event was well-attended and represented throughout Twitterville. Here are a few of the “Tweetable Tweets” that media folks were inspired to share (via #CMDay):
brianbierbaum Highlights from Custom Media Day in #NYC including an analogy between social media and butter. Not to miss! http://ow.ly/2iUfz
Deffree Key take away from 2010 Custom Media Day: When it comes to Media 2.0, take what u need, share what u can, & compete like never before
WeGrowMedia “Social media doesn’t replace the personal connection… but it does make it easier to keep in touch.” http://bit.ly/deadx5
chadmendell Like this: Xerox: we changed how we talk to customers. More like talking to a person. Less slick brochures. via @Junta42, @JoshGordon
JoshGordon PriceWaterhouseCoopers: over 5 yrs top growth is internet advertising: N America 7.70% global 11.4, second is video games
AmBusinessMedia @DanBlank: Publishing itself is no longer a business metric … We need to measure action.
PublishingSpy 5% of book publishers revenues come from ebooks
merubin I love this from @johncass: Engagement marketing is both how customer engages your content, and how you engage them
roboregan nicholas pavach @zinio: 13m ipads in 2010 means consumers are telling u they want content electronically.