Last month at BlogWorld LA, I had the privilege to see Jay Baer and Joe Pulizzi’s session about content marketing. Their session focused on the different types of content marketing that companies participate in. It was titled: “How Much Do You Open Your Kimono?”
Is content marketing worthwhile? How do you tie it to revenue?
They taught that there are six types of content marketing. The six types of “opening the kimono” are:
1. Closed Kimono – There is no online thought leadership. Your content is not for public distribution. This type has the goal of significant repeat and “word of mouth” business. Pro: There is zero time investment. Con: You have limited exposure and a reduced ability to build online influence.
2. What Happens In Vegas – Online thought leadership is distributed and built via micro-platforms. Your company is participating in platforms such as LinkedIn, Twitter, etc. and leaving blog comments to build your reputation as a thought leader. Pro: Original content is not required. You’re sharing other’s content in an effort to become a community resource. Con: You have no ability to drive the lead source and limited search engine potential. A great quote included in this segment was:
“To be considered a leader in any field, one must build and gain trust within their communities.” – Lisa M. Loeffler, Genuine Media Co.
3. Quid Pro Quo – This type comprises of selling thought leadership via methods such as e-books, how-to articles, and e-newsletters. The essential flow is that you give away free content and include a form asking people to subscribe to receive more free reports, etc. This builds your subscriber base and you then you market to those people with your paid content. Keep in mind that your free content needs to be “best in class” or people won’t pay you for your paid content. Pro: Recurring revenue. Con: Passive income.
4. Give Me Your Number – This is essentially lead-gated thought leadership. In this type, you put your content behind a gate (such as a lead form) and people have to give you some personal information to access the content (such as an e-mail address, etc.). Here you can focus not just on lead generating but lead nurturing. You would promote your content through all of your media channels but not give it to away until someone completes a lead form. Pro: If your content is good, you can generate a river of leads. Con: You have no control over the lead quality.
5. Peekaboo – In this type of content marketing, you give away what you know but not the process. Your content itself becomes your resume of thought leadership. Pro: You will get heavy SEO and PR awareness within your audience Con: This type takes tons of effort. It can also devalue each piece of content. You also risk publishing too much which could lead to you being ignored.
6. The Full Monty – Just like it sounds. You give it all away – what you know and how to do it. You create content for content’s sake. You even create content that is outside your industry. You can still have a lead form but it should not act as a gate to the content. Pro: There is no barrier to the customer. You can go big or small. Con: This type requires serious effort. It also allows others to “steal” your content and diverts attention from your core attributes.
Which one is right for you really depends on your target audience. Through testing, you can determine which one converts the most for you with your audience.
They provided a worksheet with a testing plan that you can use to evaluate each type and see which is the best fit for your company. You can access that worksheet at http://bit.ly/openkimono
It was fun using this “type-guide” to identify which type of content marketing various members of the online automotive community are using.
You can follow both Jay Baer and Joe Pulizzi on Twitter for more valuable information and content.