Content marketing is the preferred mode of marketing for many businesses these days. Not only is it very cost-effective when compared to traditional forms of marketing, but also allows brands to use the power of the Internet to increase their market base. Moreover, content marketing, unlike many other forms of online marketing, is still considered trustworthy by consumers leading to brands making a beeline towards content marketing firms.
However, many brands are unable to use content marketing effectively, as they don’t know how their campaigns are faring or why and what they must change. This is why brands need to practice data-driven content marketing and not just content marketing.
Track the performance of your content marketing efforts
There is no point in having marketing campaigns if you have no idea how well they are performing. Yes, content marketing campaigns are much cheaper than traditional marketing campaigns but that doesn’t mean you can run them forever even when they are not giving you any results. This is a rookie mistake in content marketing and unfortunately it is committed by many brands. They create and launch content marketing campaigns without checking up on them.
Without tracking any data and without any metrics analysis, they may have no idea if their content marketing campaigns are meeting targets and goals set for them. Without using data analytics to track content marketing, there is no way to know if the content marketing efforts of a brand are actually worth the investment, time, and effort that has gone into the campaign.
Is your content reaching the intended audience?
Brands turn to content marketing to help them reach out to and attract their ideal or target audience. Once brands figure out the kind of people or the demographics that they think will benefit from their products and services, they try and create content and marketing campaigns to gain visibility among their ideal audience. Smart brands and content marketers use data analytics methods to track their content marketing campaigns to see if they are actually reaching out to the intended people or not.
With data analytics, you can actually figure out how people are interacting as well as reacting with your content and marketing campaigns. This will allow you to understand what you are doing right and the areas that you can improve upon. With proper data analytics processes, you will be able to change your content marketing campaigns to make them more effective.
Content marketing is also one of the most important ways to attract more prospects. Choosing prospects is very tricky, as they need to be in tune with your brand. They must also understand your business and marketing philosophies to be truly beneficial to your brand. If you are not using a data-driven approach to content marketing, how can you find out if your brand is attracting the right kind of prospects that will actually help your brand and not harm it? Moreover, the content marketing landscape and consumer tastes are ever changing and your campaigns need to adapt to them as quickly as possible. With no data analytics, you will never know when the changes occur and how they are affecting your campaigns.
You can improve your content marketing campaigns
Apart from getting the ideal prospects and consumers for your brand, content marketing also helps brands improve their visibility. Another, and probably the ultimate goal of content marketing, is to increase sales for the company. This is the ultimate and long-term goal of any marketing campaign. Data from tracking campaigns and analysis of this collected data can help you understand if casual visitors are being converted into customers and if not, then what is blocking the sales funnel.
With the right data you can improve your campaigns to convert casual readers of your content into paying customers without having to blatantly express that you want them to buy your products. Data analytics can also give you the entire and detailed view of the purchasing or conversion funnel to see how much time it takes for visitors to convert and at what phases they are spending the most time. This will help you understand what is stopping people from converting and how you can change your content marketing campaigns to nudge causal visitors in the right direction.