THEN:

Content was a product.

Content drew people, the people drew advertisers, and the advertisers paid to make more content/product.

Advertisers had to latch onto the content/product because it was the cheapest way to get to the people, and it wasn’t cheap…just cheaper than becoming a content/product itself.

NOW:

Content is still a product.

Content still draws people and still draws advertisers.

Advertisers can now create their own content cheaply. They can broadcast and publish with no need of another content/product as long as they can build their own audience.

CONCLUSION:

• You don’t have to pay $100/month for a small ad in the Yellow Pages.
• You don’t have to pay hundreds of dollars to be in a local coupon booklet.
• You don’t have to pay a thousand dollars for a full page ad in the newspaper.
• You don’t have to pay hundreds of thousands of dollars for television commercials.

Still not sure? Check out Rhett & Link. They’re a product. Their content is their product. Their product is their content. General Motors saw their content/product and hired them. Who might buy your product if you start getting into the content business and out of advertising?

Tags: content as promotion strategy, General Motors, new media marketing, Rhett & Link, socialmediamarketing, Yellow Pages

This entry was posted on Sunday, March 2nd, 2008 at 10:59 pm and is filed under Content is the new promotion strategy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.