Blog Post

The Currency of Relevance

  • By Wayne Wood
  • 23 Nov, 2020

It's time for brand-owners to implement a system of systems that puts the focus on scaling engagement with quality content.

Ask any progressive marketing executive archetype and they will pontificate on the merits of content and the role it plays for their organizations. They will share their experiences and observations of content relevance and its use in modern-day marketing. Content is the new economic currency. There is ample evidence that content has become the conduit to relevancy as post-modern consumers continue to increase their reliance on multiple sources of content in their quest to identify products and services that are relevant to their needs. B2B buyers have embraced the Internet as the primary means to obtain anonymous information that is timely, authentic, and relevant to their desire to obtain fact-based examples of how a product or service solution will contribute value to them.

Content is the modern-day conduit for business, citizens, and society. It is the new age currency of relevance. In fact, an Edelman & LinkedIn survey revealed, 90% of decision-makers say thought leadership is important to their process.  

Content, when aggregated by the user, will inherently formulate greater trust or distrust depending on the results of their research. When properly curated, created, and combined, content is one of the primary sources of trust. As diverse forms of complex information are readily available, the emerging millennial buyers (three out of five players in the buying committee process) are fast becoming the dominant users of online research, whereas their older boomer counterparts tend to prefer human interaction. This is an important distinction that will only increase as populations evolve.

The currency of content today is being powered by relevancy, before, during, and after the purchase has been made. 

The consumption of often disparate content starts well before buyers have identified a specific need exists or determined that it can be addressed. This revelation is essential for every forward-thinking vendor to embrace as the earlier you are engaged in the buying process, the greater your chances of being considered and identified as a candidate on the buying committee checklist. Regardless of your sales model, be it a ‘challenger’ approach, social media engagement, or populating the Internet with content that is meaningful, this must start at the earliest possible moment.


Buyers in the post-modern age are focused on accumulating as much trustworthy information as is necessary to make an informed and risk-averse decision. Their selection criteria and choices are grounded in the necessity for the available content to be easy to digest, relevant to the specific requirements and affirmed by third party independent analysts, peer review, and solid unbiased customer references.

 

The challenges facing most vendors today lies in their ability to acknowledge and commit to making the necessary investment to be relevant. They must be prepared to ensure that the content they create will do exactly as intended. Their intentions need to be clearly defined, validated by customer insight, and delivered in a professional, personalized, and proactive manner. No longer can you rely on an outbound sales consultant to generate demand. You must engineer content that aligns with Internet search engine algorithms, indexing, and ranking presence. That content must be available in multiple forms, structures, and places.

62 % of decision-makers develop selection criteria or finalize a vendor list based solely on digital content - Demand Gen Report 

It’s time for a new marketing model for a new decade. Your new marketing model must be all about being digital-first in your approach to enlighten, engage, enable, empower, and enhance the experience with your brand. With content being the currency of relevance, that requires a series of different flavours of content assets, each with their unique purpose, timing, and value to the decision outcome. We call this the Content Flywheel and have divided these into six sections, each of which is identified by more specific assets and their respective relevance to buyer personas.

Different types of content generally fall into one of the following categories;


1.    Internet Presence

2.    Audience Enlightenment

3.    Personas Engagement

4.    Buyer Enablement

5.    Decision Empowerment

6.    Customer Enhancement

 

Raising awareness of your brand at the lowest cost possible requires your organization to formulize a content strategy that touches your entire audience. This requires the identification, development and distribution of multiple forms of content that align to your audience as a ‘Flywheel’ that casts a wide net and eventually narrows to a customer decision.


Generating brand equity demands content that is relevant, sequenced, and aligned to the buyer’s interest. Given the diversity of content and the dimension of form, each asset created becomes the catalyst to the buyer’s appreciation of your brand value. The question is… where should you start?  What is the shortest route to creating this continuum of content across today’s channels?


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