The Newsroom: How Brands are Becoming Media Companies

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Breaking: Faced with a content surplus and a consumer attention deficit, brands need to deploy a content strategy that connects the right audience with the right content on the right channels. Michael Brito, author of "Your Brand, The Next Media Company", Slideshare's Marisa Wong, and Spredfast's Jordan Slabaugh report on key lessons from traditional media companies and the technology that make this transition possible.

Transcript of The Newsroom: How Brands are Becoming Media Companies

the newsroom

How Brands are Becoming Media Companies

Michael BritoW2OGroup @britopian

Jordan SlabaughSpredfast@jordanv

Marisa WongSlideShare@marisa_wong

today’s discussion• The newsroom mindset

• Successful brand traits

• The approach to transforming from brand to

media-minded brand

• Panel Discussion

timely, relevant, valuable content

Builds a relationship with your audience

Gives a reason to share, discuss & create WOM

#1 #2

Business decision-makers prefer to get company information in a series of articles versus an ad.

Consumers believe organizations providing custom content are interested in building good relationships with them.

Consumers like reading content from brands when it's relevant

80% 82%

90%Consumers find custom content useful

78%

Sources: Content Marketing Institute, Content Marketing Association, McMurry/TMG

and

think like a

newsroom

thinking like a newsroom

PEOPLEPROCESSE

S

the newsroom mentalityPEOPLE (& MINDSET)• Content creators and editors

• Insatiable curiosity and news consumption

• Familiarity with your audience

• Storytellers

• Embracing an editorial slant

PROCESS• Strategy for content

breakdown

• Editorial Calendar

• Curation of timely, relevant developments

• “Beat” assignments

• Analytics and insight

how brands are becoming media companies

Marisa Wong, SlideShareOct. 17, 2013

ME(JOURNALISTS)

THE DARK SIDE

why become a ‘newsroom’?

conversation

CONTROL

TRUST

how do you build trust?

1. stop pushing promotions

2. provide real information

3. have a voice

other newsroom tactics…

have a powerful headline

be timely & relevant

seek sources

tailor to your audience

Share Knowledge

Be Highly Visual

THANK YOU.

there is a content & media surplus

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there is an attention deficit

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the customer journey is unpredictable

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consumers have tunnel vision

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all consumers are influential

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of marketers say that their biggest challenge with content is "creating original content" and that they don't have enough time to do it

78%say that developing content takes too much time

43%

of marketers say that producing enough content is their biggest challenge; with 49% say that producing "engaging" content was a challenges

51%

creating content isn’t easy

business objectives remain constant

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but, why a media company?Storytelling: Media companies tell stories. Conde’ Nast has a diverse narrative told through their media properties from fashion and travel to sports and weddings. Traditional news organizations also tell stories, although their narrative is current or breaking news.

Content: Media companies are content machines with an "always on" mentality. It doesn't matter what time a day it is or what the hour, media companies distribute content all the time.

Relevance: Media companies provide relevant content all the time to someone, somewhere. Their content is recent and real-time.

Ubiquity: Media companies are everywhere. They dominate the search engine results and their content is shared daily across social media channels.

Agility: Media companies are content organizations and move quickly. They have workflows that facilitate the entire content supply chain (ideation, creation, approval, distribution and integration.)

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8 steps to transform your brand toa media company

5

1. Build a team

2. Assign roles & responsibilities

3. Define your brand narrative

4. Create channel strategy

5. Establish the content supply chain

6. Build real-time capabilities

7. Integrate converged media models

8. Invest in the right technology