Should every business use content marketing?
After teaching myself more advanced Wordpress publishing skills, I managed to abandon the idiot-proof but expensive landing page builder Instapage, and rebuild the landing page of DataN on Wordpress with exactly the same design and layout. It saves me more than $200 a year. Yes, I’m an entrepreneur on a shoestring who bootstraps everything. Wordpress also allows me to add more features to the website in the future.
Now comes the hard part. I need to market my website to my target customers and get them into the purchase funnel through inbound marketing (yes, I have picked up all these jargons in the past two months). I was told by a media consultant, who came to Tow-Knight Center to teach the fellows how to do online marketing, that content marketing combined with email newsletter is the most effective and cheapest marketing approach. Online ads have lost its magic for quite a long time. To attract attention, we need to produce and distribute quality content that is helpful to our target customers. If it is done right, the customers will not only know but trust your product or brand.
So I proceeded to understand the buyer’s journey of my product, and planned a detailed content strategy down to the specific issues to write on data journalism and newsroom training. However, just before I sat down to work on them, I talked to my mentor Ranjan Roy, a Tow-Knight alumni who is also developing his own startup Informerly, and the whole plan took another direction.
Roy reminded me that although content marketing has become a buzzword in the online advertising space, it is not a one-size-fits-all solution for all businesses. He saw DataN as a B2B service that does not rely heavily on content marketing to attract customers, and my target customers are in a niche market - media executives and senior editors of small and medium newsrooms operating in countries where data journalism is relatively new. It is very unlikely that my potential customers will google about data journalism training or click on a Facebook, Twitter or LinkedIn ads to find training resources for their newsrooms.
Hence the marketing strategy for DataN should be a traditional one. He advised me to focus my resources on high-touch personalized marketing effort - create a list of potential customers and contact them through my existing network or leverage on Tow-Knight’s network to pitch my products.
However, it doesn’t mean content marketing has no value in my marketing plan. It helps to build my credibility and brand when my potential customers travel further down the purchase funnel after hearing about DataN from colleagues or my emails. They would google about DataN and me, and perhaps visit DataN website. This is when I should let them encounter content that demonstrate my expertise and track record in the field.
Content marketing is an important element to move potential customers towards purchase decision but I should not mistake it as the prime tool to promote my products.
This view was later reaffirmed in a social media marketing workshop conducted by Stéphane Lagrange from Revsquare, a consultant firm working with Tow-Knight Center. According to him, the question that must be asked before deciding your online marketing strategy is “Where do your potential customers hang out (digitally)?” For DataN, I modified that question into “Where do your potential customers hang out and check out services/tools for their newsrooms?” The answer obviously is not social media but most likely journalism events, online forums, email listserv and journalism websites/newsletters. LinkedIn could be an exception as its users are usually in a “business state of mind” while using the platform.
With these assumptions (anything not tested remains as assumption), my next step is to create more content in DataN website, among others, a product sheet that explains more about the training packages and data tool tutorials/tipsheets for free download but users would have to submit their basic personal details before downloading. I need the information to expand my potential customer list. Then I will individually contact my potential customers - those who have downloaded my content and also those I found through my market research - with my pitch.
So, what’s the lesson?
The trendiest thing may not be the thing that fits your business.
Make sure you know your market and product.
Sometimes a simple and straightforward insight may be shrouded by buzzwords and hype.













