June 12, 2014

Survey: Marketers Struggle to Create Compelling Content




By Jessica Jeffcoat
Research Analyst
Growth Team Membership™
Frost & Sullivan





It’s been a few weeks since I saw The LEGO Movie with my husband and our LEGO-obsessed 11-year-old son, and I still can’t get the infectious “Everything is Awesome” theme song out of my head (thank you, Warner Brothers…). Despite (or maybe because of) a transparent commercial agenda, the movie was a brilliant piece of branded content that’ll go down as one of 2014’s most effective (and certainly most profitable) marketing moments.

The LEGO Movie – which has grossed more than six times its budget and is beginning to turn this blog into another advertising vehicle – tells the story of the utterly ordinary Emmet, in a familiar plot. His destiny is to save the LEGO universe from an evil tyrant. 

The LEGO Movie uses a traditional medium (film) to share traditional content (a story with a familiar plot) and appeal to the masses. However, LEGO recognizes that traditional marketing vehicles are no longer enough. It also takes advantage of digital media, like its interactive website and movie-inspired video games, to connect with a more niche audience. (I was particularly amused by the website’s tongue-in-cheek, behind-the-scenes (“behind the bricks”) interviews with the cast members, as if they were real people.)

As the marketing world is flooded with content, it’s more important than ever for marketers to differentiate their voice from the rest of the noise, like LEGO has. Given widespread online and mobile access to information, creating compelling digital content is no longer a nice-to-have. It should be the foundation of your company’s brand identity, demonstrating who your company is and compelling the audience to learn more about you.

However, many marketers are struggling with effective content marketing, regardless of the medium. Frost & Sullivan and CMO.com’s 2014 Marketing Priorities Survey reveals that marketers’ top challenge is creating content that delivers value to customers. Furthermore, the majority of marketers (65%) rate their content marketing efforts as “average” or lower.

So, why are marketers having a hard time producing content that resonates with customers? Most survey respondents attribute their challenges to inadequate staffing levels and time constraints. Marketers expect moderate increases in their content marketing budgets in 2014, but it’s unclear if these increases will address staffing limitations. Consequently, marketers may find themselves forced to produce higher quality content, and likely more of it, with the same headcount.

There could be, however, an alternate explanation for why marketers are struggling with content. The majority of marketers currently use, and plan to devote more resources to, tried-and-true vehicles, such as brochures, customer case studies, and live events. Survey respondents consider these traditional mediums to be the most effective content types to attract and retain customers. This may reflect a risk-averse mindset – and a disconnect with customer behavior – that’s keeping many marketers from creating truly unique and compelling content, and they must explore new and different ways to get their messages out.

The one potential bright spot in the survey was that the majority of respondents (53%) plan to allocate more resources to videos in 2014. While video is not a new medium, its use on popular online sites, such as YouTube and Vimeo, has the potential to connect with a social-savvy demographic. If done well, video can be an engaging, entertaining content vehicle that distinguishes a company’s personality.

Content marketing isn’t going anywhere, and marketers must devote the necessary time and staffing to do it well. However, relying on traditional channels, which some audiences may find outmoded and stale, doesn’t help. Like LEGO, marketers need to push beyond the status quo and take advantage of the huge opportunity digital content presents to attract new customers and retain existing ones.

Access the full results of the 2014 Marketing Priorities Survey to learn the top challenges marketers are facing, resource trends, and the findings of our special interest section on content marketing. 

If you have any questions about the survey, please contact us at GTMResearch@frost.com, follow us on Twitter @Frost_GTM
or visit us at www.gtm.frost.com  



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