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3 Golden Tips For eCommerce Content Marketers
3 Golden Tips For eCommerce Content Marketers
For many, eCommerce Content Marketing has not delivered on its promise.
Here is how you can make it better.
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Brands like Nasty Gal, REI and ASOS are referenced as shining examples of how fashion sites can grow their revenues and build audiences and communities through content. Many other brands (Hermes, American Eagle, Burberry) are on the content commerce bandwagon, as well.
According to research done by the CMI, more than 90% of companies are engaged in content-marketing activities.
However, the same research shows that content marketing is only effective for 30%.
eCommerce Content Marketing's conundrum
eCommerce Content Marketing's conundrum
Visual content is more than Instagram
Most marketers instinctively think of Instagram when they think of visual content. And indeed, Instagram can be an important and sometimes essential part of a visual content strategy.
However, there are other content marketing tools out there that perform extremely well.
This piece of research about
content marketing in fashion
reveals that marketers think the four most effective content marketing tools are:- social media
- online newsletters
- online catalogues
- online lookbooks
Here are a couple of essential resources for you if want to create any of these resources, or if you just want to learn more about them:
How To Create a Powerful Lookbook And Get More Customers
How To Write And Create A Newsletter
A complete guide to creating interactive brochures with software tips and examples
How to make content marketing successful in eCommerce?
How to make content marketing successful in eCommerce?
When content marketing works though, it is powerful. The problem is that most of the time, it does not seem to work. So the million-dollar question is: when does content marketing work? In cases like this, I always like to go back to the basics.
CMO.com, in a recent publication, hit the nail on the head as far as I am concerned when they highlighted in their research that:
Does brand storytelling really work?
Does brand storytelling really work?
This is not an option for most marketers in B2C, who are trying to sell products. In B2C, images and videos are the best way to describe a product.
Luckily, this turns out to be an advantage: as humans, we are visually wired, and we tend to process images better than text.
So it is not surprising that visual content marketing drives superior engagement compared to traditional text-based content marketing.
Research from co:collective looked at the impact of brand storytelling on the financial performance of 42 publicly traded companies. They found brand storytelling to have a significantly greater impact on brand engagement than traditional advertising.
This higher level of engagement leads to increased ROI. Here are a few highlights of the report, as demonstrated by
Type A Communications
:
- When comparing the number of social media mentions for traditional branding/advertising messages vs storytelling, the latter approach garnered 1900 percent more mentions.
- Of those, storytelling prompted 10 percent more positive mentions.
- These companies spent almost two-thirds less on paid media per dollar of revenue.
- From 2008-2013, these companies experienced almost double the number of social media mentions compared with traditional branding/advertising approaches.
- Their annualized revenue growth rate from 2007-2011 was 70 percent higher.
- Their annualized share price growth was 227 percent higher.
Here is another cool example to illustrate how stories, or in this case, brand characters, generate rapport with your audience.Mark Kelley, from Tags, researched how brand characters (which is both storytelling and visual content in one package) improved social media engagement. His conclusion is that brand characters improved engagement dramatically.If you want to know more, here is a completeguide on brand storytelling.
Use storytelling to build rapport
Use storytelling to build rapport
No promotion, no gain
No promotion, no gain
Conclusion
Conclusion
Content Marketing is off to a bad start - 2 out of 3 marketers using it do not find it effective. At a minimum, it is a risk.
But given that traditional, advertising-based marketing is becoming less and less effective, it is a strategy that marketers need to get right and add to their arsenal.
In eCommerce, content marketing needs to be visual and have a narrative (or story). Time and/or money will have to be spent to get the content to your audiences. It is a buyer’s market, also for great content.
How do you become successful in eCommerce content marketing? Quality visual content with a story, distributed at scale, to the right audience, is the recipe for success.
Why does everybody jump on the content-marketing bandwagon?
Why does everybody jump on the content-marketing bandwagon?
Simply put: content needs a good deal of promotion.
The good news for eCommerce and B2C brands, though, is that social media have evolved to be excellent platforms to reach relevant audiences, with paid promotion often at a reasonable cost. And the other good thing is that your audiences don’t seem to mind.
Research shows that consumers will “like” sponsored content and they don’t seem to care if the content is sponsored. As long as it is relevant to them, of course.
A fundamental driver is that traditional advertising methods are becoming less and less effective in many sectors that are active in eCommerce.
Google publishes trends, available per sector, online. While the overall Click-Through-Rate (CTR( across industries shows a somewhat stable CTR, this is not the case for eCommerce-related sectors.
Visual content builds engagement
Visual content builds engagement
Another statistic that reveals the reluctance of today’s audiences versus traditional ad-based advertising is the adoption of ad-blocker technologies.
According to eMarketer, 28.5 percent of users in the US have ad blockers installed on their desktops, and 11% on their smartphones.
Google
shows
a declining CTR for ‘Shopping’ display advertising
Google
shows
a declining CTR for ‘Face & Body Care’ for display advertising
Image courtesy from DigiDay
Image courtesy from
Neoman Studios
Image courtesy from
Bandwagon Creative
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Image courtesy of Content Marketing Institute
Brand storytelling is vital to the success of your brand because of the connection-building power it contains.
Powerful connections = loyalty and trust — two things you cannot buy, but have everything to do with the livelihood of your brand and ROI.
In a business context, a story can be many things. It can be literally the story of your company, or anything that provides a storyline or contextual frame.
Showing some of the process or thinking behind a new collection, for example, is a story. Showing a clothing line in an urban or rural setting provides a lifestyle frame and adds a storytelling element.
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