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The power Of Branded Content
Branded content is replacing traditional advertising when it comes to connecting to the hearts and minds of consumers. Forrester defines branded content as “content that is developed or curated by a brand to provide added consumer value such as entertainment or education”.
Eighty percent of today’s consumers are familiar with branded content and prefer it to traditional advertising across streaming, mobile, social, desktop and TV devices, according to CNN’s recently released report.
The report indicates that branded content promotes a higher emotional response with consumers of all generations, compared with traditional ads.
Content marketing doesn’t push promotional and overt advertising, but offers entertaining and educational content that can stand on its own. It was first created in 1930 when P&G devised ‘soap operas’ to reach housewives. In the 1980s Hasbro created the G.I. Joe TV show which started a cross-promotional boom.
CNN predicts that branded content will achieve $20 billion growth by 2021 with marketers predicting larger budget growth by 50%.
The report provides the following insights and creative best practices, based on recent industry campaigns:
Think like a content provider: Create engaging content that consumers will actively seek out and choose. Understanding consumer perceptions means understanding their evolving needs and how they consume content.
Trust factor: The News and Entertainment categories, followed by Health and Lifestyle are the most effective in delivering relevant Branded Content. Content is being consumed across all devices with larger screens accounting for a higher trust factor.
Quality content: Consumers have a significantly higher emotional engagement with branded content than traditional advertising. They don’t discriminate with content and will watch as long as it’s a good story. As long as the content is delivering an engaging experience it does not matter where it comes from. They prefer content that is high quality, inspirational and helpful to their lives.
Context matters: Branded content needs to fit in with the context of the program or site on which it appears. Consumers prefer human interest, corporate/social and educational content in the News category. Food and Recipes, educational and human interest content is preferred in the Health and Lifestyle category, while comedic, human interest and emotional content is preferred in the Entertainment category.
Brand identification: This is important and consumers prefer a visible brand name and logo to be shown throughout the video on all devices. Optimal content marketing is transparent and consistent visual branding supports a positive brand association.
Focus on the face first: Research indicates that people search for faces when consuming content. Ultimately people want to connect with people, not things. Facial bias is powerful and can drive engagement with characters and creative.
Feature a hero: Engagement increases and sustains in sections featuring a main character undergoing adversity. While visuals and a set-up of the story is necessary, consumers have the highest engagement when the “hero” is on screen.
Don’t overcrowd: Less is more, simple is better. With creative moving at a rapid pace, consumers need to work harder to keep up which can result in lower engagement due to a more cognitive and less emotional mindset.
Use a consistent visual theme: Audiences engage with the location setup and character development. When the location changes, the character then seems “out of place” and engagement starts to dip.
Engage with satire cautiously: The majority of audiences do not understand satirical comedy. After testing a documentary-style satirical video, only 20% of consumers understood the parody. The remaining 70% assumed the video was discussing a serious topic. However, emotional engagement remained high for both groups due to the engaging topic.