4 Reasons Why Your Business Should Invest in Content Marketing | Entrepreneur (2024)

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Not sure if content marketing is right for your business? As one of the few marketing strategies with very little up front cost and the potential for high ROI, I highly encourage you to rethink your stance.

Seth Godin famously said, "Content marketing is the only marketing left," and for good reason. Creating your own content provides your business with a variety of untapped opportunities to increase sales. Whether you publish a few blog posts a week, record a podcast, or film original video, any form of original content helps in turning information-seeking consumers into customers. Here's four reasons why...

1. Content marketing will supplement your current marketing strategy.

For a lot of businesses, content marketing seems far off from what they are currently doing. In actuality, it probably fits right in. Are you already running a PPC campaign? Focusing on SEO? Growing your social media marketing campaign? You probably answered "yes" at least once.

Content marketing complements all three of these marketing strategies. How so? For PPC, it gives you more landing page opportunities. Sometimes a customer may not be in the buying stage of the sales funnel, but they are actively seeking more information. Publishing blog posts that dive into different industry topics can serve as the perfect place to direct these customers to the answers they are seeking--and to your business. Once potential customer lands on your blog post, you can show them advertisem*nts once they leave your site via Adwords Remarketing.

If you've already implemented SEO on your website, you know the importance keywords play in boosting your search rankings. Through a blog, you are able to incorporate more keywords in a search-engine friendly manner that will continue to improve your rankings in an organic and inexpensive way.

Social media is a staple for most businesses, but finding relevant material to share with your audience can be a struggle. By creating your own content, you are able to enhance your social media presence and direct an already interested customer right to your website.

2. Drive targeted traffic to your website.

Content marketing can help you increase visitors to your site through all of the aforementioned channels. Even better, that traffic is high-quality traffic. Studies have shown that content marketing is more effective at obtaining leads than traditional interruption-based messaging. It also proves to have a better rate of converting traffic to leads, actually doubling the average website conversion rate from 6% to 12%. Why? It is because you are connecting with customers at a time when they need information about what you have to offer. Rather than pushing an advertisem*nt on them, you give them helpful content, which creates trust. That trust builds a relationship between your business and the customer. In fact, it could be said that content marketing is the only scalable form of relationship-based marketing.

3. There is very little risk involved.

Whether you run ads on Facebook, launch a PPC campaign, or invest in display ads, it's going to cost you money. There is usually a lot of upfront costs with all of those marketing strategies. Sometimes it takes trial and error until you find the right marketing mix that brings quality traffic to your site through paid ads.

On the flip side, content marketing has very little upfront costs and since you will likely be publishing it on your own website, there is no cost to keep it up and running. Even if one attempt fails or you learn your audience responds to one content marketing channel versus another (e.g. blogs rather than videos) you can make the necessary changes, publish new content, and not lose much in the process.

4. Everyone else is doing it.

Not to go against everything you were taught growing up, but if all of your competitors are leveraging content marketing and you're not you will fall behind. Recent research even backs this up. It has been shown that 88 percent of B2B organizations and 76 percent of B2C companies are leveraging content marketing, in some form or another, to grow their business. Roughly 50 percent of businesses plan to expand their content marketing in the future. If you haven't started yet, how long will it take you to catch up? Don't get left in the dust when it comes to growing your content marketing strategy. Use some of these simple tips to get started.

4 Reasons Why Your Business Should Invest in Content Marketing | Entrepreneur (2024)

FAQs

Why should you invest in content marketing? ›

Content marketing is crucial for a solid sales funnel

And done right, every piece of content you produce will move customers from one stage of the buyer journey to the next. Content is a powerful tool at every step of the customer journey, and your content marketing strategy needs to reflect that.

What are the four main purposes for content marketing? ›

Each of these four purposes can be met through different types of content.
  • Entertain. Content marketing can enable you to engage with your audience through entertaining them. ...
  • Inspire. ...
  • Educate. ...
  • Convince. ...
  • Support all four purposes for successful content marketing. ...
  • 2023 update.
Nov 30, 2016

Why businesses should use content marketing? ›

Content is a fundamental part of all forms of marketing. Today, 93 percent of companies prioritize delivering relevant content when and where a person is most likely to see it. This is because content is an effective way to reach prospective buyers and drive revenue.

Why should the business invest in marketing? ›

Great marketing helps position your brand in the target market. Your positioning can lead to increased referral sources, as more people know of your services. It can also lead to you being able to charge higher fees, as your brand is seen as a premium service.

Why is content marketing important 9 reasons to use content? ›

By creating and publishing high-quality content regularly, you can attract more visitors to your website, build trust and credibility with your audience, generate leads and customers, and improve your search engine ranking.

Why content marketing is more important than ever? ›

In today's digital age, content marketing is more important than ever for businesses of all sizes. Whether a small start-up or a large corporation, investing in high-quality content can help you attract and retain customers, build trust and credibility, and drive sustainable growth for your business.

What are the 4 C's of content marketing? ›

The 4 C's of Marketing are Customer, Cost, Convenience, and Communication. These 4C's determine whether a company is likely to succeed or fail in the long run. The customer is the heart of any marketing strategy. If the customer doesn't buy your product or service, you're unlikely to turn a profit.

What are the 4 Ps of content? ›

Digital Marketing Director at Americas Market… One of the basic marketing tenets is focusing on the 4 Ps—product, place, price and promotion.

What are the 3 C's of content marketing? ›

Well, that's where we focus in on the fundamentals of communication as the basis for a checklist to success; we have defined communication as the relevant 3C's – Content, Channel and Context. It's about giving the right communication (3C's) at the right time.

What is the value of content marketing? ›

Content marketing not only drives leads, but it also helps increase customer retention and educate audiences on key issues. Content marketing is quickly becoming an industry standard practice, with 91% of B2B content marketers using content marketing to reach customers.

How important is content in business? ›

The importance of content writing to a business is that it allows them to reach more customers and gives them the potential to sell more products. There are a variety of ways content does this for a business, but most fit into four broad categories: Building brand awareness - people know you exist.

Is content marketing worth it? ›

Content marketing leads to a 13-time increase in ROI (when compared to traditional marketing). It is able to generate 3 times more leads and has a 6 times higher conversion rate. Small businesses with blogs generate over 125% more leads than those that don't have a blog.

What should a business invest in marketing? ›

A common rule of thumb is that B2B companies should spend between 2 and 5% of their revenue on marketing. For B2C companies, the proportion is often higher—between 5 and 10%. This is because B2C companies typically need to invest in more marketing channels to reach various customer segments.

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