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What Is A Digital Marketing Strategy? 5 Steps To Create One

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What Is A Digital Marketing Strategy? 5 Steps To Create One

Part of any successful business is a successful digital marketing strategy.

Creating a strategy is one thing, but the execution is just as important, if not more.

But with the digital landscape changing every day, where’s the best place to start creating and optimizing your strategy?

Read on to learn how to create a successful digital marketing strategy for your brand.

What Is A Digital Marketing Strategy?

Inevitably, digital must become the pillar of your overall marketing strategy.

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With an average of 12 touchpoints and two months for a customer to convert from awareness to sale, many of those touchpoints will be digital.

While there’s not one clear-cut definition of what a digital marketing strategy is, it can be summarized as the following:

A digital marketing strategy is part of a larger business plan that outlines how to reach its overarching business goals using digital channels.

A digital marketing strategy must be tailored toward specific company key performance indicators (KPIs). Core elements of creating a successful strategy include:

  • Digital channels.
  • Target audience and regions.
  • Core messaging components.
  • Budgets.

As part of a digital marketing strategy, specific channels are identified to target the company’s ideal customers and lead them toward conversion.

These channels can include (but are not limited to):

  • Search engines.
  • Social media platforms.
  • Email.
  • Websites.
  • Apps.

Identifying channels is just one part of the digital marketing strategy. The second necessary key piece is consistent and relevant messaging to the target audience.

While the overarching message should be consistent across channels, the way brands engage and specifically talk to customers will, and should, vary by platform.

Digital Strategy Vs. Tactics

Many brands tend to confuse strategies and tactics and end up blending them together.

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While both are essential elements of a marketing plan, strategy and tactics have different definitions and serve different purposes.

As mentioned above, a strategy is part of a larger business plan to help brands reach overarching company goals.

Conversely, tactics are planned actions to achieve a greater marketing strategy.

The Key Differences Between Digital Strategies And Tactics

Strategy Tactics
Focused on long-term goals Focused on short-term goals
Part of a larger company plan Can be measurable objectives
Channel-oriented Campaign-oriented
Audience-oriented Action-oriented
Provides a roadmap for tactics

One example of a digital strategy could be paid media marketing. The tactics that fit within paid media marketing could include:

  • Running paid search ads on Google or Microsoft.
  • Testing audiences on the Google Display Network (GDN).
  • Testing landing page or ad copy creatives for optimized conversion rates.

To summarize: Tactics do not equal strategies. Strategies are created to then inform which tactics should be used.

Digital Strategy Examples

While digital marketing strategies may contain similar characteristics across brands, each strategy and its tactics will look different. Strategies are not a “one size fits all.”

Below are some of the more common digital marketing strategies used by brands across the world:

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  • Pay-per-click (PPC) advertising.
  • Search engine optimization (SEO).
  • Content marketing.
  • Ecommerce.
  • Email marketing.
  • Social media marketing.

PPC Advertising

PPC marketing is a form of online advertising where brands pay each time a user clicks on their ad and is driven to the company website. Typically PPC campaigns are run in Google and Microsoft Ads.

Within those two PPC platforms are multiple campaign types to choose from, depending on the advertiser’s goals. These can include:

  • Search ads.
  • Display ads.
  • Shopping ads.
  • YouTube ads.
  • App ads.
  • Discover ads.
  • Performance Max.
  • And more.

PPC ads can be hyper-targeted to specific audiences or targeted to the masses, depending on the brand’s objectives. PPC is generally used to drive a brand’s traffic, sales, and conversions.

An example of a PPC search ad on Google is below.

Screenshot from search for [ppc software], Google, March 2023

SEO

An SEO strategy involves optimizing the brand’s website, app, or content to help rank higher in the search engine results pages (SERPs).

When a brand’s website and content are optimized, it helps drive improved organic (non-paid) search visibility, ultimately driving more traffic to the website.

SEO is considered a long-term strategy, and while there are typically no “direct” costs (like PPC advertising), it does involve indirect costs such as:

  • Employee or agency time and fees.
  • Third-party platforms or technology costs.

One benefit of having a strong SEO strategy is that, over time, the reliance on PPC marketing can be reduced, making the budget more efficient.

Using the same example of the search query [ppc software], an example of organic listings and answer boxes on the Google SERP is below.

An example of organic listings for the query 'ppc software' in Google.Screenshot from search for [ppc software], Google, March 2023

Content Marketing

This strategy is more “behind-the-scenes” work, if you will. It includes creating (and sharing) unique and valuable content with a company’s target audience.

Part of a content marketing strategy involves creating different types of content for each digital platform.

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For example, if a brand wants to create content for the TikTok platform, the content would be in the form of short video clips (maximum of three minutes).

Conversely, if a brand wants to increase brand authority, it may involve creating a long-form article and blog strategy to live on its website.

Content marketing aims to help build and establish trust with the target audience and turn them into long-term, repeat customers.

Using the same example as the PPC section above, an example of content marketing is below. The brand Skai (formerly Kenshoo) curates blog posts for its readers to increase engagement.

Skai.io Screenshot from Skai.io, March 2023

Ecommerce

If a brand sells physical products, an ecommerce strategy should be crucial to a company’s business goals.

Enabling an ecommerce strategy means an online storefront is created for consumers to purchase products.

Some of the tactics in an ecommerce strategy can include:

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  • Creating an online storefront where brands sell direct to consumers (DTC).
  • Selling physical products on online marketplaces such as Amazon.
  • Creating affiliate sales programs where others get paid to promote the brands’ products.
  • Paid shopping ads on Google and Microsoft to drive sales.
  • Influencer and brand ambassador marketing.

Email Marketing

This component of a digital strategy involves sending targeted emails to potential and current customers. The ultimate goal of email marketing is to drive leads, sales, or transactions and create repeat purchasers throughout the customer journey.

For example, a soon-to-be bride is looking for the perfect wedding invitations after getting engaged.

After this user is subscribed to the brand’s email or marketing communications, an email strategy cadence is created to guide them throughout the planning process. That could include:

  • Promoting free samples on wedding invitations.
  • Discounts on wedding invitation suites.
  • Free (or discounted) Thank You cards after the wedding.
  • Referral program to create word-of-mouth sales.

Email marketing is a great way to talk to the target audience and build lasting customer relationships, even after the initial purchase.

Below is an example of a targeted email offering a promotion in my inbox:

What Is A Digital Marketing Strategy? 5 Steps To Create OneScreenshot taken by author, March 2023

Social Media Marketing

Depending on the brand, a social media marketing strategy will have different use cases and goals.

As part of the larger digital marketing strategy, social platforms should be chosen to promote content or interact with the target audience in some form.

Below are just a few tactics that can be used in social media marketing:

  • Creating organic content to post.
  • Running paid ads on platforms to target audiences.
  • Launching influencer marketing campaigns depending on the specific goal.

Using the same brand example as the email section, below is an example of a retargeting ad on Facebook (Meta):

Thrive Market Facebook adScreenshot from Facebook, March 2023

How To Create A Digital Strategy In 5 Steps

As mentioned above, a digital marketing strategy should be created after identifying the overarching business goals.

For this reason, the steps to create a successful digital strategy include specific steps to help achieve the larger business goals.

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What Is A Digital Marketing Strategy? 5 Steps To Create One

Step 1: Identify Target Audience And Build Personas

A digital marketing strategy will only be as good as the target audience behind it. After all, they’re the ones who purchase your brand’s products and services.

When identifying a target persona, consider the following items:

  • Demographics: After identifying where to sell your products/services, determine if any key geographic areas may outperform others. Other demographic categories are age, parental status, household income, and more.
  • Interests: What kinds of hobbies does your ideal persona have? This information can help shape content for the customer.
  • Behaviors: How (and where) do these users consume content on the internet? Are they impulse shoppers? What social platforms do they frequent?
  • Pain points: What problems are users trying to solve? This is the key area to focus on. By providing your target audience with a solution to their pain points and speaking to them in a way they understand, you’ll likely win a customer for life.

Step 2: Conduct Competitor Landscape Analysis

It’s important to understand the digital landscape before diving into digital channels.

Some of the key components of conducting a competitor analysis include:

  • Which competitors are bidding on relevant keywords you’d like to target?
  • How are competitors messaging their target audience?
  • Which channels are competitors advertising on?
  • How do competitors rank organically compared to you?
  • How much are competitors’ monthly digital ad budgets?

Third-party tools like Semrush, SpyFu, Google Keyword Planner, and Google Trends can help answer many of these questions.

Note that with any third-party tool’s data, the information provided cannot be guaranteed 100% accurate and should be used as a guide, not as an absolute.

Step 3: Determine Necessary Digital Marketing Channels

Once you’ve figured out who your target audience is and where they hang out online, it’s time to determine the key digital marketing channels.

Ideally, a mix of channels will be chosen as it’s not best practice to choose one or two and put all your eggs in one basket.

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The key is to diversify the digital channels and meet your customers where they’re online at any given point in time.

These channels will likely include any of the above in the digital strategy examples section.

Each channel identified should include its own set of KPIs. These are set by the marketers and greater business teams.

Be sure not to set the same KPIs and measurement goals for each channel, as they all serve different purposes.

Creating realistic measurement goals ensures that awareness channels are measured against awareness KPIs, such as brand lift instead of direct conversions.

As with any digital channel, it’s important to understand how they can be measured.

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This step should include identifying a proper measurement platform, such as Google Analytics or another tool, to ensure that marketing dollars and channels can be measured.

Step 4: Create Content And Unique Value Proposition Plan

Once the digital channels have been identified, it’s time to plan your content for each channel.

The key is creating a consistent messaging framework that can be reused and reworked in each channel. That way, you’re not starting from scratch each time.

For example, if you want to introduce your brand on YouTube or the Google Display Network, the content should not be focused on a direct conversion or a “Buy Now” CTA. That’s simply asking for too much on an initial brand awareness touchpoint.

On the other hand, for someone well on their search journey and looking for specific products and services, that could be a time to introduce discounts and special offers.

Lastly, make sure that what you’re providing your customers is unique and differentiated in the market. Conducting a competitor analysis first will help identify what’s currently being offered in the market.

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Even if your product or service is similar to your competitors, it’s important to find a way to differentiate your brand.

Step 5: Execute And Optimize Digital Marketing Strategy

Once you’ve defined steps 1-4, it’s time to launch your digital marketing strategy.

However, the work is not done yet. Your digital marketing strategy should be ongoing and fluid based on performance and the changing market landscape.

Digital marketing channels and campaigns should be continuously monitored and analyzed to ensure that marketing budgets and resources are utilized most effectively.

This should include daily, weekly, and monthly checkpoints in each channel.

Monthly reports and quarterly business reviews (QBRs) should be conducted to provide opportunities to shift and pivot strategy based on findings.

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Summary

Digital marketing strategies are not a “one size fits all.” They also should not be the only strategy a brand has.

While it’s important to think about “digital-first” when it comes to strategies, it needs to align with the overarching business goals.

Don’t confuse strategy and tactics and end up rushing into a tactics-first approach.

By taking the time to create a solid digital marketing strategy, you’re setting the brand up for long-term success and the ability to pivot based on performance.

More Resources:


Featured Image: ImageFlow/Shutterstock

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Google’s Search Engine Market Share Drops As Competitors’ Grows

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Assorted search engine apps including Google, You.com and Bing are seen on an iPhone. Microsoft plans to use ChatGPT in Bing, and You.com has launched an AI chatbot.

According to data from GS Statcounter, Google’s search engine market share has fallen to 86.99%, the lowest point since the firm began tracking search engine share in 2009.

The drop represents a more than 4% decrease from the previous month, marking the largest single-month decline on record.

Screenshot from: https://gs.statcounter.com/search-engine-market-share/, May 2024.

U.S. Market Impact

The decline is most significant in Google’s key market, the United States, where its share of searches across all devices fell by nearly 10%, reaching 77.52%.

1714669058 226 Googles Search Engine Market Share Drops As Competitors GrowsScreenshot from: https://gs.statcounter.com/search-engine-market-share/, May 2024.

Concurrently, competitors Microsoft Bing and Yahoo Search have seen gains. Bing reached a 13% market share in the U.S. and 5.8% globally, its highest since launching in 2009.

Yahoo Search’s worldwide share nearly tripled to 3.06%, a level not seen since July 2015.

1714669058 375 Googles Search Engine Market Share Drops As Competitors GrowsScreenshot from: https://gs.statcounter.com/search-engine-market-share/, May 2024.

Search Quality Concerns

Many industry experts have recently expressed concerns about the declining quality of Google’s search results.

A portion of the SEO community believes that the search giant’s results have worsened following the latest update.

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These concerns have begun to extend to average internet users, who are increasingly voicing complaints about the state of their search results.

Alternative Perspectives

Web analytics platform SimilarWeb provided additional context on X (formerly Twitter), stating that its data for the US for March 2024 suggests Google’s decline may not be as severe as initially reported.

SimilarWeb also highlighted Yahoo’s strong performance, categorizing it as a News and Media platform rather than a direct competitor to Google in the Search Engine category.

Why It Matters

The shifting search engine market trends can impact businesses, marketers, and regular users.

Google has been on top for a long time, shaping how we find things online and how users behave.

However, as its market share drops and other search engines gain popularity, publishers may need to rethink their online strategies and optimize for multiple search platforms besides Google.

Users are becoming vocal about Google’s declining search quality over time. As people start trying alternate search engines, the various platforms must prioritize keeping users satisfied if they want to maintain or grow their market position.

It will be interesting to see how they respond to this boost in market share.

What It Means for SEO Pros

As Google’s competitors gain ground, SEO strategies may need to adapt by accounting for how each search engine’s algorithms and ranking factors work.

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This could involve diversifying SEO efforts across multiple platforms and staying up-to-date on best practices for each one.

The increased focus on high-quality search results emphasizes the need to create valuable, user-focused content that meets the needs of the target audience.

SEO pros must prioritize informative, engaging, trustworthy content that meets search engine algorithms and user expectations.

Remain flexible, adaptable, and proactive to navigate these shifts. Keeping a pulse on industry trends, user behaviors, and competing search engine strategies will be key for successful SEO campaigns.


Featured Image: Tada Images/Shutterstock



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How To Drive Pipeline With A Silo-Free Strategy

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How To Drive Pipeline With A Silo-Free Strategy

When it comes to B2B strategy, a holistic approach is the only approach. 

Revenue organizations usually operate with siloed teams, and often expect a one-size-fits-all solution (usually buying clicks with paid media). 

However, without cohesive brand, infrastructure, and pipeline generation efforts, they’re pretty much doomed to fail. 

It’s just like rowing crew, where each member of the team must synchronize their movements to propel the boat forward – successful B2B marketing requires an integrated strategy. 

So if you’re ready to ditch your disjointed marketing efforts and try a holistic approach, we’ve got you covered.

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Join us on May 15, for an insightful live session with Digital Reach Agency on how to craft a compelling brand and PMF. 

We’ll walk through the critical infrastructure you need, and the reliances and dependences of the core digital marketing disciplines.

Key takeaways from this webinar:

  • Thinking Beyond Traditional Silos: Learn why traditional marketing silos are no longer viable and how they spell doom for modern revenue organizations.
  • How To Identify and Fix Silos: Discover actionable strategies for pinpointing and sealing the gaps in your marketing silos. 
  • The Power of Integration: Uncover the secrets to successfully integrating brand strategy, digital infrastructure, and pipeline generation efforts.

Ben Childs, President and Founder of Digital Reach Agency, and Jordan Gibson, Head of Growth at Digital Reach Agency, will show you how to seamlessly integrate various elements of your marketing strategy for optimal results.

Don’t make the common mistake of using traditional marketing silos – sign up now and learn what it takes to transform your B2B go-to-market.

You’ll also get the opportunity to ask Ben and Jordan your most pressing questions, following the presentation.

And if you can’t make it to the live event, register anyway and we’ll send you a recording shortly after the webinar. 

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Why Big Companies Make Bad Content

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Why Big Companies Make Bad Content

It’s like death and taxes: inevitable. The bigger a company gets, the worse its content marketing becomes.

HubSpot teaching you how to type the shrug emoji or buy bitcoin stock. Salesforce sharing inspiring business quotes. GoDaddy helping you use Bing AI, or Zendesk sharing catchy sales slogans.

Judged by content marketing best practice, these articles are bad.

They won’t resonate with decision-makers. Nobody will buy a HubSpot license after Googling “how to buy bitcoin stock.” It’s the very definition of vanity traffic: tons of visits with no obvious impact on the business.

So why does this happen?

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I did a double-take the first time I discovered this article on the HubSpot blog.

There’s an obvious (but flawed) answer to this question: big companies are inefficient.

As companies grow, they become more complicated, and writing good, relevant content becomes harder. I’ve experienced this firsthand:

  • extra rounds of legal review and stakeholder approval creeping into processes.
  • content watered down to serve an ever-more generic “brand voice”.
  • growing misalignment between search and content teams.
  • a lack of content leadership within the company as early employees leave.
Why Big Companies Make Bad ContentWhy Big Companies Make Bad Content
As companies grow, content workflows can get kinda… complicated.

Similarly, funded companies have to grow, even when they’re already huge. Content has to feed the machine, continually increasing traffic… even if that traffic never contributes to the bottom line.

There’s an element of truth here, but I’ve come to think that both these arguments are naive, and certainly not the whole story.

It is wrong to assume that the same people that grew the company suddenly forgot everything they once knew about content, and wrong to assume that companies willfully target useless keywords just to game their OKRs.

Instead, let’s assume that this strategy is deliberate, and not oversight. I think bad content—and the vanity traffic it generates—is actually good for business.

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There are benefits to driving tons of traffic, even if that traffic never directly converts. Or put in meme format:

Why Big Companies Make Bad ContentWhy Big Companies Make Bad Content

Programmatic SEO is a good example. Why does Dialpad create landing pages for local phone numbers?

1714584366 91 Why Big Companies Make Bad Content1714584366 91 Why Big Companies Make Bad Content

Why does Wise target exchange rate keywords?

1714584366 253 Why Big Companies Make Bad Content1714584366 253 Why Big Companies Make Bad Content

Why do we have a list of most popular websites pages?

1714584367 988 Why Big Companies Make Bad Content1714584367 988 Why Big Companies Make Bad Content

As this Twitter user points out, these articles will never convert…

…but they don’t need to.

Every published URL and targeted keyword is a new doorway from the backwaters of the internet into your website. It’s a chance to acquire backlinks that wouldn’t otherwise exist, and an opportunity to get your brand in front of thousands of new, otherwise unfamiliar people.

These benefits might not directly translate into revenue, but over time, in aggregate, they can have a huge indirect impact on revenue. They can:

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  • Strengthen domain authority and the search performance of every other page on the website.
  • Boost brand awareness, and encourage serendipitous interactions that land your brand in front of the right person at the right time.
  • Deny your competitors traffic and dilute their share of voice.

These small benefits become more worthwhile when multiplied across many hundreds or thousands of pages. If you can minimize the cost of the content, there is relatively little downside.

What about topical authority?

“But what about topical authority?!” I hear you cry. “If you stray too far from your area of expertise, won’t rankings suffer for it?”

I reply simply with this screenshot of Forbes’ “health” subfolder, generating almost 4 million estimated monthly organic pageviews:

1714584367 695 Why Big Companies Make Bad Content1714584367 695 Why Big Companies Make Bad Content

And big companies can minimize cost. For large, established brands, the marginal cost of content creation is relatively low.

Many companies scale their output through networks of freelancer writers, avoiding the cost of fully loaded employees. They have established, efficient processes for research, briefing, editorial review, publication and maintenance. The cost of an additional “unit” of content—or ten, or a hundred—is not that great, especially relative to other marketing channels.

There is also relatively little opportunity cost to consider: the fact that energy spent on “vanity” traffic could be better spent elsewhere, on more business-relevant topics.

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In reality, many of the companies engaging in this strategy have already plucked the low-hanging fruit and written almost every product-relevant topic. There are a finite number of high traffic, high relevance topics; blog consistently for a decade and you too will reach these limits.

On top of that, the HubSpots and Salesforces of the world have very established, very efficient sales processes. Content gating, lead capture and scoring, and retargeting allow them to put very small conversion rates to relatively good use.

1714584367 376 Why Big Companies Make Bad Content1714584367 376 Why Big Companies Make Bad Content

Even HubSpot’s article on Bitcoin stock has its own relevant call-to-action—and for HubSpot, building a database of aspiring investors is more valuable than it sounds, because…

The bigger a company grows, the bigger its audience needs to be to continue sustaining that growth rate.

Companies generally expand their total addressable market (TAM) as they grow, like HubSpot broadening from marketing to sales and customer success, launching new product lines for new—much bigger—audiences. This means the target audience for their content marketing grows alongside.

As Peep Laja put its:

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But for the biggest companies, this principle is taken to an extreme. When a company gears up to IPO, its target audience expands to… pretty much everyone.

This was something Janessa Lantz (ex-HubSpot and dbt Labs) helped me understand: the target audience for a post-IPO company is not just end users, but institutional investors, market analysts, journalists, even regular Jane investors.

These are people who can influence the company’s worth in ways beyond simply buying a subscription: they can invest or encourage others to invest and dramatically influence the share price. These people are influenced by billboards, OOH advertising and, you guessed it, seemingly “bad” content showing up whenever they Google something.

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You can think of this as a second, additional marketing funnel for post-IPO companies:

Illustration: When companies IPO, the traditional marketing funnel is accompanied by a second funnel. Website visitors contribute value through stock appreciation, not just revenue.Illustration: When companies IPO, the traditional marketing funnel is accompanied by a second funnel. Website visitors contribute value through stock appreciation, not just revenue.

These visitors might not purchase a software subscription when they see your article in the SERP, but they will notice your brand, and maybe listen more attentively the next time your stock ticker appears on the news.

They won’t become power users, but they might download your eBook and add an extra unit to the email subscribers reported in your S1.

They might not contribute revenue now, but they will in the future: in the form of stock appreciation, or becoming the target audience for a future product line.

Vanity traffic does create value, but in a form most content marketers are not used to measuring.

If any of these benefits apply, then it makes sense to acquire them for your company—but also to deny them to your competitors.

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SEO is an arms race: there are a finite number of keywords and topics, and leaving a rival to claim hundreds, even thousands of SERPs uncontested could very quickly create a headache for your company.

SEO can quickly create a moat of backlinks and brand awareness that can be virtually impossible to challenge; left unchecked, the gap between your company and your rival can accelerate at an accelerating pace.

Pumping out “bad” content and chasing vanity traffic is a chance to deny your rivals unchallenged share of voice, and make sure your brand always has a seat at the table.

Final thoughts

These types of articles are miscategorized—instead of thinking of them as bad content, it’s better to think of them as cheap digital billboards with surprisingly great attribution.

Big companies chasing “vanity traffic” isn’t an accident or oversight—there are good reasons to invest energy into content that will never convert. There is benefit, just not in the format most content marketers are used to.

This is not an argument to suggest that every company should invest in hyper-broad, high-traffic keywords. But if you’ve been blogging for a decade, or you’re gearing up for an IPO, then “bad content” and the vanity traffic it creates might not be so bad.

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