MARKETING
Content Marketing vs. Content Strategy: What’s the Difference?
The distinction between content marketing and content strategy is subtle because the two concepts work together. Once you figure it out, you can use them as the one-two punch to help grow your brand.
This post explains content marketing and content strategy and gives advice for using both to benefit your business.
The Difference Between Content Marketing vs. Content Strategy
Content strategy is your master plan to drive business goals with content. It focuses on the big-picture tasks that help you meet your customers’ needs and achieve your business objectives.
Content marketing is a group of tactics or activities you use to enact your content strategy. It’s the creation and distribution of content that helps your audience solve problems and lead better lives. Even though you may not actively try to sell with all content marketing, the free information you provide will eventually help you attract and convert your target audience to drive business growth.
The objectives, approaches, and outcomes differ for content strategy vs. content marketing.
Objectives
Content strategy seeks to document the role content will play in your business goals. It gives content marketing efforts direction, cohesion, and meaning.
Content marketing revolves around creating brand awareness, generating leads, and capturing demand by transforming ideas into content assets and sharing them.
Approaches
Content marketing assembles your marketing resources to create and distribute content assets across relevant channels to build a brand’s presence. It also includes measuring data to alter content campaigns where necessary.
Content strategists determine the content marketing tactics will be most meaningful for your business objectives. They handle all the backend of content from pre-production (like research, content audit, and content guidelines) to production (like content creation, distribution processes, and tools) and post-production (promotion, evaluation, and analysis).
Outcomes
Content marketing leads to increased brand traffic, authority, trust, lead generation, conversion, and loyalty.
Content strategy produces content marketing systems that position a brand as the solution to customers’ needs.
How Content Strategy and Content Marketing Intersect
Despite being different, content strategy and content marketing work together. They are two sides of the same coin.
Strategy is the Foundation for Marketing Practices
Content strategy helps you decide why and how you want to create content. So, content marketing success depends on your strategy.
Content marketing is the process of putting your content strategy to work. It’s creating, distributing, and measuring the success of the content according to the content strategy. So, your content marketing efforts rely on your content strategy to achieve your business goals.
Neither Can Stand Alone
As marketing expert Amanda Milligan said, “Don’t try marketing without strategy; don’t bother strategizing without marketing.” What’s the point in making plans if you don’t implement them? And how can you succeed with your marketing efforts if you don’t have a plan? Strategy and implementation go hand in hand.
After Strategy, Marketing Begins
If content marketing is the act of preparing a meal, the content strategy would be all the decisions you make before the actual cooking. What are you going to cook? What ingredients will you use? Where will you cook it, and how will you serve it?
Once you determine what to do, when, where, and how to do it during content strategy, you can bring the vision to life in the form of content.
Benefits of Content Strategy
Content strategy is critical because it lays out your content game plan. Without strategy, you’re wasting time and effort producing content and hoping it works. So, it’s almost an accident if your content works well for your brand without strategy. Here are some other benefits of content strategy.
Creates a Unified Brand Voice
Your brand voice must be consistent across all your marketing channels if you want your brand to stand out in a crowded market. A good content strategy will make sure of it.
Studying your brand story, personality, and style guide will help you define a consistent voice for your content marketing team, so your brand doesn’t sound too inconsistent on any content channel.
Increases Efficiency
A documented strategy streamlines your content operations to keep you from wasting time and resources figuring things out. That’s because it puts systems in place to guide your production and distribution, allowing you to complete tasks faster and within budget.
Content marketing has so many moving parts that leaving anything to chance is a mistake. Your content strategy should state what the content is (title and format), who’s responsible for what, where to store your content, and where to publish it.
Maps a Clear Path to Success
A good content strategy defines what you’re trying to achieve and the metrics to track to measure success. When this is clear, you can prioritize your activities accordingly. And you can measure what’s working and what’s not to keep your content relevant to your audience and helpful to your business goals.
Establishes Content Intent
Creating content will waste your time and resources if you don’t have a purpose that ties it to your business goals. Each content asset should take a prospect further down your marketing funnel. Anything short of that is creating content for content’s sake, and the best you can get out of it will be vanity metrics that don’t help your business. Establishing a purpose for your content is the essence of content strategy.
Benefits of Content Marketing
Your customers don’t know when they see your content strategy in action, but they see your content marketing. It answers their questions and makes them consider doing business with you. Here are some other benefits of content marketing.
Drives Engagement
Customers engage with content they find valuable. The more content you share, the better your chances of keeping them on your platforms long enough to like, comment, and share your content with friends.
Increases Brand Awareness
By distributing valuable content, you’re making it easier for your target audience to find your brand and buy from you. Without brand awareness, people can’t even consider your products or services.
Builds a Relationship with Your Audience
If the information you share helps your audience live better, they’ll naturally grow fond of and want to continue using your brand. And because your value systems will shine through, the content you share and help you build stronger relationships with the right customers. As your relationship develops, these people will become advocates for your brand and recommend it to others.
Instills Credibility
Consumers and search engines will grow to trust you when your content demonstrates your thought leadership, expertise, and authority. Backlinks and mentions from other brands will also serve as a vote of confidence for your brand. Credibility attracts more positive attention to your brand.
Leads to Customer Acquisition
Turning your content marketing beneficiaries into customers is the goal. When they see how much value you’re giving away for free, they can only imagine how helpful you will be when they pay for your products or services. This value will increase their chances of becoming your customers.
If you don’t know where to start, look at the latest trends in content marketing and see if any are a good fit for your business.
Best Practices for Implementing Content Marketing and Content Strategy
There’s no one way to create and implement content strategy or marketing. Strategy depends on your business and its goals. Content marketing depends on your audience’s needs and your creativity. While there’s no one approach to either, there are best practices for each.
Gather Audience Information
Content-market fit is when your content satisfies or exceeds your audience’s needs. Every business wants this, but those who achieve it do so only because they know their audience well enough to tailor their content to their specific situations.
To create valuable content, you need to know the people you serve by:
- Demographics (age, education level, gender identity, education level, etc.)
- Psychographics (interests, beliefs, values, etc.)
- Goals and pain points
- Where they gather online
- What they’re trying to do when they go online (also known as search intent)
The more information you have, the better your ability to create an ideal profile or buyer persona to guide your marketing efforts. You really can’t know too much about your ideal audience.
To gather the most accurate audience data:
- Identify the people who need your products and services.
- Survey your current customers.
- Review your competitors’ clients.
- Use online data tools like Facebook audience insights or SEMRush.
Approaching every piece of content strategy or marketing effort with a clear picture of your ideal buyer in mind will help you tailor your content to their specific needs.
Set Clear Goals
Setting clear content goals helps you define what success means for your content marketing efforts. Apart from allowing you to align your actions toward success, setting clear goals also lets you measure the effects of your efforts.
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For example, if you want to drive traffic to your website to increase brand awareness, analyzing the difference in your weekly or monthly website visits and what posts are bringing in the most traffic will help you measure the impact of your efforts. You can do more of what works.
Setting clear goals for your content marketing will enhance your goals for individual content assets.
To set clear, more achievable content goals:
- Understand the overall goals of the business and the part content can play in reaching them.
- Audit your content activities to understand how far you are from achieving those goals.
- Identify the resources you need to achieve those content goals.
- Put numbers and timeframes to your goals (e.g., increasing website traffic by 25% in the next year).
Develop Processes
Content marketing requires a sense of organization. Keyword research, content creation, and distribution are just a few of the routine tasks. You’ll need to create workflows to coordinate the many moving parts if you don’t want things to fall through the cracks.
Content calendars help marketers of all experience levels to coordinate their content operations. Creating one will make you more productive and efficient. If you’re looking for a place to start, there are a host of online tools to help, ranging from Google Sheets, where you build your own calendar, to Coschedule, where you use a template.
Create a content calendar by:
- Listing your content ideas
- Determining the content formats
- Documenting your publishing and distribution frequency to schedule the ideas
Create Quality Content
Quality content is your ticket to a successful content marketing campaign. Your audience is busy, so they’ll be more impatient with wishy-washy content. They won’t stick around long enough to buy from you or exchange their contact information if your content doesn’t draw them in.
To create content that resonates with your audience:
- Focus on Originality. Most of the content online is a bunch of recycled information. Original content approaches the topic in new and unique ways. Your content will stand out by researching an issue in your industry, sharing your personal experiences, or adding fresh insight to what exists.
- Repurpose Existing Content. Repurposing helps you maximize the value of the content you already created. For example, you can turn audio or video content into a blog post, social media posts, or an infographic. Repurposing helps your content work for you on multiple platforms.
- Leverage User-Generated Content (UGC). User-generated content is gathering customers’ feedback and reviews and sharing them with your audience. UGC resonates because other customers often regard the opinions of their peers above brand messages.
- Utilize Data and Analytics. Data helps you analyze audience behavior to better understand the type of content they want and need, how they want it, and when. Use analytics to inform your content decisions from strategy to post-publication.
- Be Flexible. Working with content means being ready to adjust your plans as often as necessary. Audiences and their needs change, so you must be ready to pivot with them.
Content Marketing vs. Content Strategy
Content Marketing and Content Strategy are connected, but they aren’t the same. You need content strategy as the blueprint to serve your customers and content marketing to execute your strategy. Using both well will help you build a well-oiled content engine that will serve your audience and your business now and for years to come.
MARKETING
AI driving an exponential increase in marketing technology solutions
The martech landscape is expanding and AI is the prime driving force. That’s the topline news from the “Martech 2024” report released today. And, while that will get the headline, the report contains much more.
Since the release of the most recent Martech Landscape in May 2023, 2,042 new marketing technology tools have surfaced, bringing the total to 13,080 — an 18.5% increase. Of those, 1,498 (73%) were AI-based.
“But where did it land?” said Frans Riemersma of Martech Tribe during a joint video conference call with Scott Brinker of ChiefMartec and HubSpot. “And the usual suspect, of course, is content. But the truth is you can build an empire with all the genAI that has been surfacing — and by an empire, I mean, of course, a business.”
Content tools accounted for 34% of all the new AI tools, far ahead of video, the second-place category, which had only 4.85%. U.S. companies were responsible for 61% of these tools — not surprising given that most of the generative AI dynamos, like OpenAI, are based here. Next up was the U.K. at 5.7%, but third place was a big surprise: Iceland — with a population of 373,000 — launched 4.6% of all AI martech tools. That’s significantly ahead of fourth place India (3.5%), whose population is 1.4 billion and which has a significant tech industry.
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The global development of these tools shows the desire for solutions that natively understand the place they are being used.
“These regional products in their particular country…they’re fantastic,” said Brinker. “They’re loved, and part of it is because they understand the culture, they’ve got the right thing in the language, the support is in that language.”
Now that we’ve looked at the headline stuff, let’s take a deep dive into the fascinating body of the report.
The report: A deeper dive
Marketing technology “is a study in contradictions,” according to Brinker and Riemersma.
In the new report they embrace these contradictions, telling readers that, while they support “discipline and fiscal responsibility” in martech management, failure to innovate might mean “missing out on opportunities for competitive advantage.” By all means, edit your stack meticulously to ensure it meets business value use cases — but sure, spend 5-10% of your time playing with “cool” new tools that don’t yet have a use case. That seems like a lot of time.
Similarly, while you mustn’t be “carried away” by new technology hype cycles, you mustn’t ignore them either. You need to make “deliberate choices” in the realm of technological change, but be agile about implementing them. Be excited by martech innovation, in other words, but be sensible about it.
The growing landscape
Consolidation for the martech space is not in sight, Brinker and Riemersma say. Despite many mergers and acquisitions, and a steadily increasing number of bankruptcies and dissolutions, the exponentially increasing launch of new start-ups powers continuing growth.
It should be observed, of course, that this is almost entirely a cloud-based, subscription-based commercial space. To launch a martech start-up doesn’t require manufacturing, storage and distribution capabilities, or necessarily a workforce; it just requires uploading an app to the cloud. That is surely one reason new start-ups appear at such a startling rate.
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As the authors admit, “(i)f we measure by revenue and/or install base, the graph of all martech companies is a ‘long tail’ distribution.” What’s more, focus on the 200 or so leading companies in the space and consolidation can certainly be seen.
Long-tail tools are certainly not under-utilized, however. Based on a survey of over 1,000 real-world stacks, the report finds long-tail tools constitute about half of the solutions portfolios — a proportion that has remained fairly consistent since 2017. The authors see long-tail adoption where users perceive feature gaps — or subpar feature performance — in their core solutions.
Composability and aggregation
The other two trends covered in detail in the report are composability and aggregation. In brief, a composable view of a martech stack means seeing it as a collection of features and functions rather than a collection of software products. A composable “architecture” is one where apps, workflows, customer experiences, etc., are developed using features of multiple products to serve a specific use case.
Indeed, some martech vendors are now describing their own offerings as composable, meaning that their proprietary features are designed to be used in tandem with third-party solutions that integrate with them. This is an evolution of the core-suite-plus-app-marketplace framework.
That framework is what Brinker and Riemersma refer to as “vertical aggregation.” “Horizontal aggregation,” they write, is “a newer model” where aggregation of software is seen not around certain business functions (marketing, sales, etc.) but around a layer of the tech stack. An obvious example is the data layer, fed from numerous sources and consumed by a range of applications. They correctly observe that this has been an important trend over the past year.
Build it yourself
Finally, and consistent with Brinker’s long-time advocacy for the citizen developer, the report detects a nascent trend towards teams creating their own software — a trend that will doubtless be accelerated by support from AI.
So far, the apps that are being created internally may be no more than “simple workflows and automations.” But come the day that app development is so democratized that it will be available to a wide range of users, the software will be a “reflection of the way they want their company to operate and the experiences they want to deliver to customers. This will be a powerful dimension for competitive advantage.”
Constantine von Hoffman contributed to this report.
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MARKETING
Mastering The Laws of Marketing in Madness
Navigating through the world of business can be chaotic. At the time of this publication in November 2023, global economic growth is expected to remain weak for an undefined amount of time.
However, certain rules of marketing remain steadfast to guide businesses towards success in any environment. These universal laws are the anchors that keep a business steady, helping it thrive amidst uncertainty and change.
In this guide, we’ll explore three laws that have proven to be the cornerstones of successful marketing. These are practical, tried-and-tested approaches that have empowered businesses to overcome challenges and flourish, regardless of external conditions. By mastering these principles, businesses can turn adversities into opportunities, ensuring growth and resilience in any market landscape. Let’s uncover these essential laws that pave the way to success in the unpredictable world of business marketing. Oh yeah, and don’t forget to integrate these insights into your career. Follow the implementation steps!
Law 1: Success in Marketing is a Marathon, Not a Sprint
Navigating the tumultuous seas of digital marketing necessitates a steadfast ship, fortified by a strategic long-term vision. It’s a marathon, not a sprint.
Take Apple, for instance. The late ’90s saw them on the brink of bankruptcy. Instead of grasping at quick, temporary fixes, Apple anchored themselves in a long-term vision. A vision that didn’t just stop at survival, but aimed for revolutionary contributions, resulting in groundbreaking products like the iPod, iPhone, and iPad.
In a landscape where immediate gains often allure businesses, it’s essential to remember that these are transient. A focus merely on the immediate returns leaves businesses scurrying on a hamster wheel, chasing after fleeting successes, but never really moving forward.
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A long-term vision, however, acts as the north star, guiding businesses through immediate challenges while ensuring sustainable success and consistent growth over time.
Consider This Analogy:
Building a business is like growing a tree. Initially, it requires nurturing, patience, and consistent care. But with time, the tree grows, becoming strong and robust, offering shade and fruits—transforming the landscape. The same goes for business. A vision, perseverance, and a long-term strategy are the nutrients that allow it to flourish, creating a sustainable presence in the market.
Implementation Steps:
- Begin by planning a content calendar focused on delivering consistent value over the next six months.
- Ensure regular reviews and necessary adjustments to your long-term goals, keeping pace with evolving market trends and demands.
- And don’t forget the foundation—invest in robust systems and ongoing training, laying down strong roots for sustainable success in the ever-changing digital marketing landscape.
Law 2: Survey, Listen, and Serve
Effective marketing hinges on understanding and responding to the customer’s needs and preferences. A robust, customer-centric approach helps in shaping products and services that resonate with the audience, enhancing overall satisfaction and loyalty.
Take Netflix, for instance. Netflix’s evolution from a DVD rental company to a streaming giant is a compelling illustration of a customer-centric approach.
Their transition wasn’t just a technological upgrade; it was a strategic shift informed by attentively listening to customer preferences and viewing habits. Netflix succeeded, while competitors such a Blockbuster haid their blinders on.
Here are some keystone insights when considering how to Survey, Listen, and Serve…
Customer Satisfaction & Loyalty:
Surveying customers is essential for gauging their satisfaction. When customers feel heard and valued, it fosters loyalty, turning one-time buyers into repeat customers. Through customer surveys, businesses can receive direct feedback, helping to identify areas of improvement, enhancing overall customer satisfaction.
Engagement:
Engaging customers through surveys not only garners essential feedback but also makes customers feel valued and involved. It cultivates a relationship where customers feel that their opinions are appreciated and considered, enhancing their connection and engagement with the brand.
Product & Service Enhancement:
Surveys can unveil insightful customer feedback regarding products and services. This information is crucial for making necessary adjustments and innovations, ensuring that offerings remain aligned with customer needs and expectations.
Data Collection:
Surveys are instrumental in collecting demographic information. Understanding the demographic composition of a customer base is crucial for tailoring marketing strategies, ensuring they resonate well with the target audience.
Operational Efficiency:
Customer feedback can also shed light on a company’s operational aspects, such as customer service and website usability. Such insights are invaluable for making necessary enhancements, improving the overall customer experience.
Benchmarking:
Consistent surveying allows for effective benchmarking, enabling businesses to track performance over time, assess the impact of implemented changes, and make data-driven strategic decisions.
Implementation Steps:
- Regularly incorporate customer feedback mechanisms like surveys and direct interactions to remain attuned to customer needs and preferences.
- Continuously refine and adjust offerings based on customer feedback, ensuring products and services evolve in alignment with customer expectations.
- In conclusion, adopting a customer-centric approach, symbolized by surveying, listening, and serving, is indispensable for nurturing customer relationships, driving loyalty, and ensuring sustained business success.
Law 3: Build Trust in Every Interaction
In a world cluttered with countless competitors vying for your prospects attention, standing out is about more than just having a great product or service. It’s about connecting authentically, building relationships rooted in trust and understanding. It’s this foundational trust that transforms casual customers into loyal advocates, ensuring that your business isn’t just seen, but it truly resonates and remains memorable.
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For instance, let’s talk about Oprah! Through vulnerability and honest connections, Oprah Winfrey didn’t just build an audience; she cultivated a community. Sharing, listening, and interacting genuinely, she created a media landscape where trust and respect flourished. Oprah was known to make her audience and even guests cry for the first time live. She had a natural ability to build instant trust.
Here are some keystone insights when considering how to develop and maintain trust…
The Unseen Fast-Track
Trust is an unseen accelerator. It simplifies decisions, clears doubts, and fast-forwards the customer journey, turning curiosity into conviction and interest into investment.
The Emotional Guardrail
Trust is like a safety net or a warm embrace, making customers feel valued, understood, and cared for. It nurtures a positive environment, encouraging customers to return, not out of necessity, but a genuine affinity towards the brand.
Implementation Steps:
- Real Stories: Share testimonials and experiences, both shiny and shaded, to build credibility and show authenticity.
- Open Conversation: Encourage and welcome customer feedback and discussions, facilitating a two-way conversation that fosters understanding and improvement.
- Community Engagement: Actively participate and engage in community or industry events, align your brand with genuine causes and values, promoting real connections and trust.
Navigating through this law involves cultivating a space where authenticity leads, trust blossoms, and genuine relationships flourish, engraving a memorable brand story in the hearts and minds of the customers.
Guarantee Your Success With These Foundational Laws
Navigating through the world of business is a demanding odyssey that calls for more than just adaptability and innovation—it requires a solid foundation built on timeless principles. In our exploration, we have just unraveled three indispensable laws that stand as pillars supporting the edifice of sustained marketing success, enabling businesses to sail confidently through the ever-shifting seas of the marketplace.
Law 1: “Success in Marketing is a Marathon, Not a Sprint,” advocates for the cultivation of a long-term vision. It is about nurturing a resilient mindset focused on enduring success rather than transient achievements. Like a marathon runner who paces themselves for the long haul, businesses must strategize, persevere, and adapt, ensuring sustained growth and innovation. The embodiment of this law is seen in enterprises like Apple, whose evolutionary journey is a testament to the power of persistent vision and continual reinvention.
Law 2: “Survey, Listen, and Serve,” delineates the roadmap to a business model deeply intertwined with customer insights and responsiveness. This law emphasizes the essence of customer-centricity, urging businesses to align their strategies and offerings with the preferences and expectations of their audiences. It’s a call to attentively listen, actively engage, and meticulously tailor offerings to resonate with customer needs, forging paths to enhanced satisfaction and loyalty.
Law 3: “Build Trust in Every Interaction,” underscores the significance of building genuine, trust-laden relationships with customers. It champions the cultivation of a brand personality that resonates with authenticity, fostering connections marked by trust and mutual respect. This law navigates businesses towards establishing themselves as reliable entities that customers can resonate with, rely on, and return to, enriching the customer journey with consistency and sincerity.
These pivotal laws form the cornerstone upon which businesses can build strategies that withstand the tests of market volatility, competition, and evolution. They stand as unwavering beacons guiding enterprises towards avenues marked by not just profitability, but also a legacy of value, integrity, and impactful contributions to the marketplace. Armed with these foundational laws, businesses are empowered to navigate the multifaceted realms of the business landscape with confidence, clarity, and a strategic vision poised for lasting success and remarkable achievements.
Oh yeah! And do you know Newton’s Law?The law of inertia, also known as Newton’s first law of motion, states that an object at rest will stay at rest, and an object in motion will stay in motion… The choice is yours. Take action and integrate these laws. Get in motion!
MARKETING
Intro to Amazon Non-endemic Advertising: Benefits & Examples
Amazon has rewritten the rules of advertising with its move into non-endemic retail media advertising. Advertising on Amazon has traditionally focused on brands and products directly sold on the platform. However, a new trend is emerging – the rise of non-endemic advertising on this booming marketplace. In this article, we’ll dive into the concept of non-endemic ads, their significance, and the benefits they offer to advertisers. This strategic shift is opening the floodgates for advertisers in previously overlooked industries.
While endemic brands are those with direct competitors on the platform, non-endemic advertisers bring a diverse range of services to Amazon’s vast audience. The move toward non-endemic advertising signifies Amazon’s intention to leverage its extensive data and audience segments to benefit a broader spectrum of advertisers.
Endemic vs. Non-Endemic Advertising
Let’s start by breaking down the major differences between endemic advertising and non-endemic advertising…
Endemic Advertising
Endemic advertising revolves around promoting products available on the Amazon platform. With this type of promotion, advertisers use retail media data to promote products that are sold at the retailer.
Non-Endemic Advertising
In contrast, non-endemic advertising ventures beyond the confines of products sold on Amazon. It encompasses industries such as insurance, finance, and services like lawn care. If a brand is offering a product or service that doesn’t fit under one of the categories that Amazon sells, it’s considered non-endemic. Advertisers selling products and services outside of Amazon and linking directly to their own site are utilizing Amazon’s DSP and their data/audience segments to target new and relevant customers.
7 Benefits of Running Non-Endemic Ad Campaigns
Running non-endemic ad campaigns on Amazon provides a wide variety of benefits like:
Access to Amazon’s Proprietary Data: Harnessing Amazon’s robust first-party data provides advertisers with valuable insights into consumer behavior and purchasing patterns. This data-driven approach enables more targeted and effective campaigns.
Increased Brand Awareness and Revenue Streams: Non-endemic advertising allows brands to extend their reach beyond their typical audience. By leveraging Amazon’s platform and data, advertisers can build brand awareness among users who may not have been exposed to their products or services otherwise. For non-endemic brands that meet specific criteria, there’s an opportunity to serve ads directly on the Amazon platform. This can lead to exposure to the millions of users shopping on Amazon daily, potentially opening up new revenue streams for these brands.
No Minimum Spend for Non-DSP Campaigns: Non-endemic advertisers can kickstart their advertising journey on Amazon without the burden of a minimum spend requirement, ensuring accessibility for a diverse range of brands.
Amazon DSP Capabilities: Leveraging the Amazon DSP (Demand-Side Platform) enhances campaign capabilities. It enables programmatic media buys, advanced audience targeting, and access to a variety of ad formats.
Connect with Primed-to-Purchase Customers: Amazon’s extensive customer base offers a unique opportunity for non-endemic advertisers to connect with customers actively seeking relevant products or services.
Enhanced Targeting and Audience Segmentation: Utilizing Amazon’s vast dataset, advertisers can create highly specific audience segments. This enhanced targeting helps advertisers reach relevant customers, resulting in increased website traffic, lead generation, and improved conversion rates.
Brand Defense – By utilizing these data segments and inventory, some brands are able to bid for placements where their possible competitors would otherwise be. This also gives brands a chance to be present when competitor brands may be on the same page helping conquest for competitors’ customers.
How to Start Running Non-Endemic Ads on Amazon
Ready to start running non-endemic ads on Amazon? Start with these essential steps:
Familiarize Yourself with Amazon Ads and DSP: Understand the capabilities of Amazon Ads and DSP, exploring their benefits and limitations to make informed decisions.
Look Into Amazon Performance Plus: Amazon Performance Plus is the ability to model your audiences based on user behavior from the Amazon Ad Tag. The process will then find lookalike amazon shoppers with a higher propensity for conversion.
“Amazon Performance Plus has the ability to be Amazon’s top performing ad product. With the machine learning behind the audience cohorts we are seeing incremental audiences converting on D2C websites and beating CPA goals by as much as 50%.”
– Robert Avellino, VP of Retail Media Partnerships at Tinuiti
Understand Targeting Capabilities: Gain insights into the various targeting options available for Amazon ads, including behavioral, contextual, and demographic targeting.
Command Amazon’s Data: Utilize granular data to test and learn from campaign outcomes, optimizing strategies based on real-time insights for maximum effectiveness.
Work with an Agency: For those new to non-endemic advertising on Amazon, it’s essential to define clear goals and identify target audiences. Working with an agency can provide valuable guidance in navigating the nuances of non-endemic advertising. Understanding both the audience to be reached and the core audience for the brand sets the stage for a successful non-endemic advertising campaign.
Conclusion
Amazon’s venture into non-endemic advertising reshapes the advertising landscape, providing new opportunities for brands beyond the traditional ecommerce sphere. The blend of non-endemic campaigns with Amazon’s extensive audience and data creates a cohesive option for advertisers seeking to diversify strategies and explore new revenue streams. As this trend evolves, staying informed about the latest features and possibilities within Amazon’s non-endemic advertising ecosystem is crucial for brands looking to stay ahead in the dynamic world of digital advertising.
We’ll continue to keep you updated on all things Amazon, but if you’re looking to learn more about advertising on the platform, check out our Amazon Services page or contact us today for more information.
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