We all know that creating and promoting content can be a ton of work (not to mention expensive). So how do we know whether it'll be worth it? In today's Whiteboard Friday, MozCon 2014 speaker Mike King shows you several ways you can be sure your content has the potential you need before you even start making it.
For reference, here's a still of this week's whiteboard!
Video transcription
Greetings and salutations, Moz fans. My name is Mike King. I'm from an agency called iPullRank, and today here on Whiteboard Friday we're going to talk about how to prove ROI potential of content. Basically, before you launch content, get a sense of will this perform before you go ahead and spend tens of thousands of dollars on promoting that content.
Content components
Surveying your target audience
So let's just hop right into it. One of the things you want to do for your content component aspect of it is survey your target audience. There are a lot of channels that you can do this effectively in. In fact, the ad platforms have gotten even better at letting you hyper target audiences and drive that traffic right away.
One of the things you can do is use StumbleUpon Paid Discovery. I love this platform for content promotion as well. But it's great in this use case because it's only $0.10 a click. Again, you can target based on different audiences, not as granularly as you can with something like Facebook or something to that effect, but you can get audiences around ideas, concepts, and things of that nature.
What you can also use is a tool called UserReport. What this tool does is allows you to do custom surveys on your own site. You put up your content experience. You throw UserReport on there. Once the user gets to a certain point in the page, you can make that survey pop up. You can ask them questions like: Hey, would you like this? Would you share this? What is it that you didn't like about this content? Does this solve a specific need for you?
You can do that with StumbleUpon Paid Discovery. Start collecting data on the users that would visit your content, and then it helps you build a business case saying that these people would be interested in this content.
By the same token, you can also use Facebook ads to do this. Like I said, Facebook ads allow you to really granularly target your audiences. They've gotten increasingly more sophisticated with their ad targeting options. In fact, at this point, the ad targeting very much aligns with standard market research in that you can target based on income, education, and so on and so forth.
If you're going after the B2C clientele, that's probably your best bet, using Facebook. If you're going after the B2B clientele, then LinkedIn ads make the most sense. You can also target very specifically on firmographics rather than just demographics. In both of these cases, you're going to then continue to use UserReport to collect that data via these custom surveys on your site.
Additionally, you can use SurveyMonkey Audience. I love this tool because you can, again, very much target very specific demographics and ask them direct questions. What you can do is host that piece of content in the survey, have them take the time to review it and fill out the questionnaire, and then, boom, you get your results right away.
Competitive analysis
Those are different ways you can do surveying to understand whether your content's going to perform. But, of course, competitive analysis is a really good way to make a case. I worked on a brand called LG back in the day. The best way to get them to do anything was to show them that Samsung was doing it.
By that very same token, you can use a tool like Social Crawlytics. What that tool does is crawls the site and identifies the social shares of every piece of content on that site. You can do that for your site and a competitor's site and see what's working, what isn't, and quickly identify what you can create that is similar to what they've made.
Additionally, you can use BuzzSumo, which kind of takes out the legwork out of that, because they've indexed a lot of content. They've pulled out the semantic relationships from that content, the entities. You can search by keyword for different pieces of content and then see what's the most popular content that fits that keyword. Now their index isn't huge, but they have a lot of content, especially around the SEO space, that you can look at. So you can quickly identify what's working for other people and then make your case that way.
Finally, you can use any of the link indices -- Open Site Explorer, Ahrefs, Majestic. All of these tools, if you go to the top pages reports for the different competitors, you can quickly see what's working and what's not, and then you have those metrics to make that business case.
Pose/review discussions
One of the other tactics that I really love to use to identify content that will work is by using the different discussion sites. Quora is a really good one. You can actually identify questions that people have already asked in the past and then see how many people have responded to that. You can see whether or not it's a popular question that you can then use into your content.
You can actually pose your own questions, see how many people follow the question and how many people answer the question. Then, you can look at those people that are following the question and see what their demographics are and, boom, another solid business case based on actual data.
The finally, Reddit is really good for this as well. People love to get in discussions on Reddit. We've posed questions in the past, and people have given really passionate responses. Then there have been cases where we've posed questions and we got no response. Once you know it's crickets, it's not a good piece of content to launch.
People components
Business case
These are all the content and metric components of this. But what you really need to focus on, when you're trying to get buy-in for this type of content internally, is the people components. When you're building business cases and you're dealing with a variety of people, your boss in fact, you've got to think about what metric is the one that helps him get to his bonus, and how does the content that you're looking to create help fulfill that metric.
In most cases, those metrics aren't necessarily channel metrics. It's not: Are we going to be number one for this keyword? Are we going to get more visits from organic search or more likes in social media? It goes back to things that affect the business.
In the case of a SaaS company, it can be: Okay, how does this contribute to our cost of acquisition versus our LTV ratio? Does this lower our cost of acquisition because we're going to get a wide range of people that are going to ingest this content and then come back to the site, ending up signing up? Then, is it reaching the right side of our audience that is high value a customer? Is it the one that has the bigger long-term value or lifetime value?
Think about those metrics rather than, oh, we're going to get some more likes and shares, because these metrics are typically the ones that go back to the metrics that help your boss hit his bonus.
Also, is there a conversion rate based on your existing content on your own site? I've talked at length about doing content on that's both qualitatively and quantitatively, in a guest post that I did for Copyblogger, which will be below in the description, about doing content audits where you can identify what is performing and what's not, and then see what types of content you may want to create in the future.
Using that as a framework to work with, you can then look at these content ideas that you've gotten on this side and see, okay, we have content that fits this, and generally the conversion rate is X. So you can make some sort of prediction based on the search volume and the keywords that go with this piece of content, or the amount of traffic you're likely to get from social media to go with this content, and then back that into the conversion rate and then get back to these business level metrics that we talked about before.
Finally, or the last two things rather, how does this map to your brand's story? A lot of the times when you're talking about content, you're talking about the brand messaging architecture, the voice, the tone. What are the brand's goals? What is the brand trying to put out there?
Moz is really good at developing a good brand story. They have Roger that they weave into a lot of things. How does your piece of content go with that brand's story? Again, back to the Moz example, they're about doing better marketing.
My Whiteboard Friday here goes with that idea. So it's really easy for me to make a business case for this piece of content to align with the business. How does your piece of content fit that brand's story?
Then, finally, what phase in the funnel does this piece of content serve?
Because ultimately, at the end of the day, we're always trying to market something. We're marketers. We're trying to move people through the funnel.
So, if you've identified in your content audits that, oh, we're missing a lot of stuff for the decision phase, so this content will specifically speak to that decision phase. Here are all the metrics that go with it. Now, we have a strong business case.
That's all I've got for today. My name's Mike King. I'm happy to help you guys out. In the comments, let me know anytime that you've come against anything where you couldn't get a piece of content pushed through at your business or your agency or what have you, and I'm happy to answer your questions.
Have a great one, and I'll see you guys next time on Whiteboard Friday.
Nice whiteboard Friday. Content marketing can be so intangible, I've found most business owners find the strategy hard to get their heads around - it can take time to build up and have an impact and most entrepreneurs (at least) don't work that way.
Plus, some pieces work really well and directly convert or you can demonstrate how they've lead to conversions down the line whereas others don't seem to convert at all but generate traffic whereas others don't get much traffic but you know the piece is so niche it's got to be having a beneficial impact. I've had to hold business owners back from totally culling their content output at some points whereas at the other extreme I've had to calm business owners down that want to invest all their marketing resource in adding less and less relevant content to a site.
I think a good idea is to create a spreadsheet with the categories of the different types of content a business produces, look back to find out how it's performed in the past and use some quantitative KPIs in the spreadsheet. The different types of content will perform differently but you can then have a discussion about the ratio in which you're going to produce the different types of content.
Here's all the tools and sites all together ;)
Surveying Your Target Audience
- StumbleUpon Paid Discovery + User Report
- Facebook Ads / LinkedIn Ads
- SurveyMonkey Audience
Competitive Analysis
- Social Crawlytics
- BuzzSumo
- Open Site Explorer / Ahrefs / Majestic SEO
Pose/Quora Discussions
- Quora
- Reddit
Thanks for this! Got one or two on there I can add to my list o' tools. (Lord knows there are hundreds out there)
Haha love this. Very well presented, even without rapping!
You've also clarified some key areas how to get the most from your content marketing strategy. Content marketing ROI has many strings, but not every string fits "every" business. Having a true understanding of a business is crucial before developing any kind of content amplification strategy to project architecture, voice and tone.
Thanks Michael.
Mike also wins one of the best voices ever.
Coolest SEO guy on the planet
Prefer* Rand's handwriting though :P
*am used to
StumbleUpon Paid Discovery is just 10 cents per click? Wow. That's useful.
First things first: Mike is definitely in the running for best dressed whiteboard Friday presenter to date (outside of Mr Fishkin ofcourse).
If any viewers are looking for a supplement to this WBF, I highly recommend Mike's Mozcon talk on Digital Body language, very interesting and actionable stuff.
Digital Body Language Slides
Really glad that you mentioned Buzzsumo, this has been taking a lot of the pain out of GAP analysis for me of late and I am totally in love with the tool. For a really top level look at the people searching your keywords and the content they most readily consume, I mix it up with the Google Display Planner data to give me an idea of the content we should be making to reach the right people with the right message.
As marketers our problem is no longer data collection and analysis, rather, proving ROI as Mike points out in this video.
Great WBF!
Quora and Reddit are the best websites to decide on content.
All of the tools that are described here including UserReport, StumbleUponPaidRecovery and others also are great in my opinion. This is the worthy stuff to do for analyzing Content marketing. Great work Michael; your MozCon presentation was also an add-on to our knowledge.
I conclude from this that WBF content without promotion is almost doomed to no visibility.Thank you for the tips you have shared us! I'll use it.
Excellent presentation.
i like it because I have just started to look into content marketing so thank you for sharing your tools and i m sure it give a lot of benefit to all..
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Its a very informative Post iPullRank hope to see more on White Board Friday.
Awesome Post Great I like And i love Moz
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Regular analysis always matters a lot to get proper results. Apart from killer content, its analysis who tell you how to get the targeted results.
Again super effective Whiteboard Friday.. worth reading... iPullRank
Hi Mike, great work. The Quora/Reddit research is something we're doing to come up with content ideas but I never thought to use these sites to test which questions are most popular in order to decide which direction to take the content.
One thing we have noticed is a massive difference in success/engagement on these sites by time of day - we have to post according to when America is on lunch/leaving work for the day or there's nothing. Posting at the wrong time could potentially mean that a question that would have garnered a ton of responses ends up buried.
Mike mashing out another banger as usual! There are a ton of metrics you can dig up to show demand but tying those to a tangible dollar amount for stakeholders / decision makers is something we are all going to have to do if we expect to get content buy-in.
I would add that people working with Enterprise content look into the product Colleen Jones has been working on "Content WRX" - https://www.contentwrx.com/
Happy to get a complete post with new tools to try !
Great WBF. As an avid redditor I love to hear people talk about it in terms of content testing. It is excellent for that. One thing I would caution though, is if your content does go viral on reddit make sure you have the server capacity to handle it. My site got reddit hugged offline once with a good piece of content.
You absolutely hit the nail right on the head when you said this, "It goes back to things that affect the business." As a community all too often we are centered on "channel" metrics and not business metrics necessarily. If you can translate what you are doing to make the business case that is huge in winning support for any content strategy that you are proposing.
I'm glad somebody has mentioned that as that is a discussion that happens all too little.
Great WBF Mike, and presentation at Mozcon too. I appreciate the breakdown of how to find the content piece that will work best for ROI. I have been tasked with helping our blog with content creation, and I have a few ideas that I think would be good, but now I have some tools so I can test them out before and find the ones that will hopefully work the best. Thanks for the tips!
WOW, Fantastic SHOW of testing your content... The Only other suggestion I would fire off would be A/B Split Testing allowing you to take that content and then fine tune the Ads and targeting to allow for a better survival rate for then posting it within your website.
I truly believe that following all these steps provides a comprehensive approach. But many people don't spend so much time on analysis and just thoughtlessly create and publish content.
@Wojtek. Totally agree with you. Coming to tools, StumbleUpon Paid Discovery is a good one.
Very well thought out strategy, I like it! I'd add an additional tool which has worked very well for me, it's called Adzuum (www.adzuum.com) you can target audiences by age, location & interest.
It looks like this is an advertising platform. I'm not seeing how this is related to proving the ROI potential of content campaigns. Could you elaborate a bit please?
How would this platform help me to prove the ROI potential of my content campaign? :)
In content marketing or any sort of marketing the thing that a business owners needs the most is 'Patience'. ROI of a marketing campaign should not be expected within days, but that does not mean that you cannot get it from some. A good plan always involves some good research and testing work in it. It helps you define the target clearly and also make backup plans in case of unexpected shortfalls.
A very usefull WBF.
Thanks Mike!
Thanks for the interesting post! As an SEO I have just started to look into content marketing, so thanks for sharing your tools and tactics!!
I found this post to be helpful. You gave us a different perspective to take into consideration. Most of us utilize at least one of the sites you mentioned above, and you brought some simple ideas for us to implement into these sites we already utilize. The concept itself enlightened my thought process regarding how to improve on blog posting.
I also recommend using your adwords conversion report to see what people are searching for right now, and to help you with generating the most recognized and influential content. I always see new subjects pop up in my Google Adwords search report that all of the sudden are getting high searches, and with fresh news, comes what? Yes, low competition! So also keep an eye on your Google Adwords search report and you can find fresh subjects to write about.
It's totally worth the time to research and utilize the tools above in order to write the most effective blog posts. Think about it, with one solid blog post, you could actually rank for hundreds of new keywords. Blog posts have the power to rule on the Google Search results, just look at Moz.
If you are spending money on writing new content pages, then spend the dam money towards massively improving your blog. And then of course also utilize the practically free tools listed above in the video.
These tools are the icing on the cake for me! I am notifying my marketing department to start ASAP, with using Open Site Explorer to find out what the hot blog topics are in our Industry. Thank you for the great video Mike & the Moz Team!
Thank you for sharing your tools and tactics! It is very hard to succeed immediately with content marketing, but in the long it sure pays of. I am thinking branding, TOM marketing (Top Of Mind) and brand recognition.
It is worth nothing though, if ones product or service is bad and that content is only being published without reason.
A small question though - Will you make the next WBF Mike and what will the topic be? :-)
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this is very nice