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THOUGHT LEADERSHIP DISRUPTED:
NEW RULES FOR THE CONTENT AGE
Chris Shedd
@cjshedd
#TLDisrupted #DSKC
SEA OF CONTENT
3
© THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016
THE ECONOMIST IS A SMART GUIDE TO THE
FORCES THAT SHAPE THE FUTURE
TRUSTED
The Economist is
relied upon as
a filter of
world affairs.
SMART
Our readers turn to
The Economist to make
sense of the forces that
shape our future.
GLOBAL
The only publication with
a dedicated section
covering every region in
the world, every week.
BOLD
Founded to defend free
trade, The Economist is
not afraid to advocate
for positive change.
WELL-WRITTEN
Readers value The
Economist’s distinct
style of intelligence
and wit.
#TLDisrupted #DSKC
WE’RE MORE THAN
A MAGAZINE
Research
Mobile
Content
& Events
TVC &
Films
Special
Publications
Apps
Data
Visualization
Podcasts
#TLDisrupted #DSKC
5
© THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016
WE SURVEYED
838
business
thought
leadership
consumers
executives
<$500m
>$5bn
806
marketers
C-suite
or equivalent
57%
YES
43%
NO
29%
Western
Europe
25%
Rest of
World
21%
North
America
25%
Asia
Geography
Samples annual global revenue
66%
15%
C-suite
or equivalent
30%
Western
Europe
20%
Rest of
World
23%
North
America
26%
Asia
Geography 41%
YES
59%
NO<$500m
>$5bn
Samples annual global revenue
53%
22%
6
© THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016
THOUGHT LEADERSHIP
ˈTHÔTˈLĒ-DƏR-ˌSHIP
The practice of influencing a community of interest by
developing information, analysis and insight that helps its
audience understand its world and plan for
the future. It can be delivered in any medium, and can help
companies raise awareness, shift perception and increase
the status of their brand.
#TLDisrupted #DSKC
7
© THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016
AUDIENCES ARE REACHING CONTENT
OVERLOAD
3 in 5 global
executives admit
sometimes feeling
confused or
overwhelmed by the
volume of content
they encounter
#TLDisrupted #DSKC
8
© THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016
YET MARKETERS KEEP CHURNING OUT CONTENT
80%
of marketers plan to
increase the
amount of thought
leadership content
they produce
Half of marketers
believe
<20%
of current output
gets engagement
#TLDisrupted #DSKC
9
© THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016
AND WE CAN SEE WHY
#TLDisrupted #DSKC
z
83%
would be influenced in
their choice of potential
business partner
76%
of senior executives
are influenced in their
purchasing decisions
67%
would be willing to
advocate for that
brand or organisation
externally
10
© THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016
GOOD THINGS HAPPEN WHEN WE DO IT RIGHT
CONSUME
MORE
SHARE
MORE
z
PURCHASE
MORE
ADVOCATE
MORE
z
#TLDisrupted #DSKC
BUT THE PROBLEM IS,
WE’RE DOING IT WRONG
#TLDisrupted #DSKC
‘The challenge for B2B content is
that it competes in a huge array of
media fighting for time against
other always-on entertainment.’
John Rudaizky, Brand & Marketing
Leader, Partner, EY
WE STILL NEED TO FIND
A CONNECTION
#TLDisrupted #DSKC
SO HOW DO YOU MAKE THE SHORTLIST?
#TLDisrupted #DSKC
RULE 1: KNOW YOUR AUDIENCE
GIVE THEM WHAT THEY WANT (AND NEED)
NOT JUST WHAT YOU’RE WILLING TO GIVE
MARKETERS ARE NOT TRULY FOCUSED ON THE
AUDIENCE
Nearly half of all marketers (47%) cite differentiating their
company from the competition as a primary objective.
42% cite gaining recognition for their company or key
individuals as experts/authority in their field.
Only 28% of marketers cited helping their audience to become
more knowledgeable as a key objective.
Only two in ten cited social media shares or time spent with
content (24%, 21%) as a top measure of ROI.
16
© THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016
AND LAY OFF THE SALES PITCH
#TLDisrupted #DSPDX
RULE 2: KNOW YOURSELF
FIRST, WE HAVE TO GET OUT OF
OUR OWN WAY
#TLDisrupted #DSKC
#TLDisrupted #DSKC
INTERNAL ALIGNEMENT IS KEY
More than 60%
strongly agree or somewhat agree that
internal alignment is a barrier to
thought leadership production.
#TLDisrupted #DSPDX
WHO ARE YOU?
“It’s important for all companies to have a clear idea
of their brand internally before you go ahead and talk
about how that manifests itself externally. To be
credible you have to have a clear understanding of
what you want to portray.”
Hamish Rickman, VP Marketing, Virgin Atlantic
21
© THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016
AUDIENCES ARE REACHING CONTENT
OVERLOAD
#TLDisrupted #DSPDX
#TLDisrupted #DSKC
RULE 3: INVOLVE OUTSIDE EXPERTS
When asked about who was NOT involved in the planning of thought
leadership, but should be marketers cited:
Media partners
All employees
Customers/other outside sources
50%
49%
47%
23
© THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016
#TLDisrupted #DSKC
RULE 4: LESS IS MORE
< = >
#TLDisrupted #DSKC
RETURN TO THE FUNDAMENTALS
55%
Trust is established through
the quality or nature of the
research and whether the
data is ‘credible’.
‘Challenger brands’ who want to break
through and make the shortlist must
employ rigour: for an unfamiliar source
to prompt engagement, it needs to be
a ‘source of hard facts’ (47%).
26
© THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016
SURPRISE!
TEXT STILL MATTERS
#TLDisrupted #DSKC
#TLDisrupted #DSKC
RULE 5: THINK BIG & BUILD
A RELATIONSHIP OVER TIME
#TLDisrupted #DSKC
DESPITE THE NOISE, EXECS ARE STILL
HUNGRY FOR HELP
68% consume thought leadership on at least a weekly basis.
33% do so daily.
20% have increased consumption “a lot” over the
past 12 months.
< 5% have reduced consumption either a little or a lot.
#TLDisrupted #DSKC
RULE 5: THINK BIG & BUILD A
RELATIONSHIP OVER TIME
Executives and marketers agree:
Compelling TL is ‘innovative’, ‘big
picture’, ‘credible’ and
‘transformative’.
According to executives unimpressive
TL is ‘superficial’, ‘sales-driven’ and
‘biased’
#TLDisrupted #DSPDX
RULE 6: BE A THOUGHT PARTNER
#TLDisrupted #DSKC
EFFECTIVE THOUGHT LEADERS
PUSH BOUNDRIES
of consumers like to
encounter thoughts
and ideas that go
beyond current
thinking.
96%
#TLDisrupted #DSKC
“It’s mindshare
before market share.”
Rebecca Edwards,
Chief Communications Officer, GE Oil & Gas
#TLDisrupted #DSKC
THE NEW RULES
1. Know your audience – put them first
2. Know yourself – know where you have a right to play
3. But don’t be limited – involve outside experts
4. Less is more – return to the fundamentals
5. Think big – build a relationship over time
6. Stop trying to be a thought leader – be a thought partner
WE MUST REMEMBER
IT’S THEIR JOURNEY THAT MATTERS…
#TLDisrupted #DSKC
SO WHAT ARE YOU
GOING TO DO?
#TLDisrupted #DSKC
#TLDisrupted
TLDisrupted.com
Chris Shedd
VP, Brand Partnerships, Financial Services
The Economist Group
@cjshedd

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Chris Shedd - Thought Leadership Disrupted: New Rules for the Content Age

  • 1. THOUGHT LEADERSHIP DISRUPTED: NEW RULES FOR THE CONTENT AGE Chris Shedd @cjshedd #TLDisrupted #DSKC
  • 3. 3 © THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016 THE ECONOMIST IS A SMART GUIDE TO THE FORCES THAT SHAPE THE FUTURE TRUSTED The Economist is relied upon as a filter of world affairs. SMART Our readers turn to The Economist to make sense of the forces that shape our future. GLOBAL The only publication with a dedicated section covering every region in the world, every week. BOLD Founded to defend free trade, The Economist is not afraid to advocate for positive change. WELL-WRITTEN Readers value The Economist’s distinct style of intelligence and wit. #TLDisrupted #DSKC
  • 4. WE’RE MORE THAN A MAGAZINE Research Mobile Content & Events TVC & Films Special Publications Apps Data Visualization Podcasts #TLDisrupted #DSKC
  • 5. 5 © THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016 WE SURVEYED 838 business thought leadership consumers executives <$500m >$5bn 806 marketers C-suite or equivalent 57% YES 43% NO 29% Western Europe 25% Rest of World 21% North America 25% Asia Geography Samples annual global revenue 66% 15% C-suite or equivalent 30% Western Europe 20% Rest of World 23% North America 26% Asia Geography 41% YES 59% NO<$500m >$5bn Samples annual global revenue 53% 22%
  • 6. 6 © THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016 THOUGHT LEADERSHIP ˈTHÔTˈLĒ-DƏR-ˌSHIP The practice of influencing a community of interest by developing information, analysis and insight that helps its audience understand its world and plan for the future. It can be delivered in any medium, and can help companies raise awareness, shift perception and increase the status of their brand. #TLDisrupted #DSKC
  • 7. 7 © THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016 AUDIENCES ARE REACHING CONTENT OVERLOAD 3 in 5 global executives admit sometimes feeling confused or overwhelmed by the volume of content they encounter #TLDisrupted #DSKC
  • 8. 8 © THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016 YET MARKETERS KEEP CHURNING OUT CONTENT 80% of marketers plan to increase the amount of thought leadership content they produce Half of marketers believe <20% of current output gets engagement #TLDisrupted #DSKC
  • 9. 9 © THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016 AND WE CAN SEE WHY #TLDisrupted #DSKC z 83% would be influenced in their choice of potential business partner 76% of senior executives are influenced in their purchasing decisions 67% would be willing to advocate for that brand or organisation externally
  • 10. 10 © THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016 GOOD THINGS HAPPEN WHEN WE DO IT RIGHT CONSUME MORE SHARE MORE z PURCHASE MORE ADVOCATE MORE z #TLDisrupted #DSKC
  • 11. BUT THE PROBLEM IS, WE’RE DOING IT WRONG #TLDisrupted #DSKC
  • 12. ‘The challenge for B2B content is that it competes in a huge array of media fighting for time against other always-on entertainment.’ John Rudaizky, Brand & Marketing Leader, Partner, EY WE STILL NEED TO FIND A CONNECTION
  • 13. #TLDisrupted #DSKC SO HOW DO YOU MAKE THE SHORTLIST?
  • 14. #TLDisrupted #DSKC RULE 1: KNOW YOUR AUDIENCE GIVE THEM WHAT THEY WANT (AND NEED) NOT JUST WHAT YOU’RE WILLING TO GIVE
  • 15. MARKETERS ARE NOT TRULY FOCUSED ON THE AUDIENCE Nearly half of all marketers (47%) cite differentiating their company from the competition as a primary objective. 42% cite gaining recognition for their company or key individuals as experts/authority in their field. Only 28% of marketers cited helping their audience to become more knowledgeable as a key objective. Only two in ten cited social media shares or time spent with content (24%, 21%) as a top measure of ROI.
  • 16. 16 © THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016 AND LAY OFF THE SALES PITCH #TLDisrupted #DSPDX
  • 17. RULE 2: KNOW YOURSELF
  • 18. FIRST, WE HAVE TO GET OUT OF OUR OWN WAY #TLDisrupted #DSKC
  • 19. #TLDisrupted #DSKC INTERNAL ALIGNEMENT IS KEY More than 60% strongly agree or somewhat agree that internal alignment is a barrier to thought leadership production.
  • 20. #TLDisrupted #DSPDX WHO ARE YOU? “It’s important for all companies to have a clear idea of their brand internally before you go ahead and talk about how that manifests itself externally. To be credible you have to have a clear understanding of what you want to portray.” Hamish Rickman, VP Marketing, Virgin Atlantic
  • 21. 21 © THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016 AUDIENCES ARE REACHING CONTENT OVERLOAD #TLDisrupted #DSPDX
  • 22. #TLDisrupted #DSKC RULE 3: INVOLVE OUTSIDE EXPERTS When asked about who was NOT involved in the planning of thought leadership, but should be marketers cited: Media partners All employees Customers/other outside sources 50% 49% 47%
  • 23. 23 © THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016
  • 24. #TLDisrupted #DSKC RULE 4: LESS IS MORE < = >
  • 25. #TLDisrupted #DSKC RETURN TO THE FUNDAMENTALS 55% Trust is established through the quality or nature of the research and whether the data is ‘credible’. ‘Challenger brands’ who want to break through and make the shortlist must employ rigour: for an unfamiliar source to prompt engagement, it needs to be a ‘source of hard facts’ (47%).
  • 26. 26 © THE ECONOMIST GROUP AND HILL+KNOWLTON STRATEGIES 2016 SURPRISE! TEXT STILL MATTERS #TLDisrupted #DSKC
  • 27. #TLDisrupted #DSKC RULE 5: THINK BIG & BUILD A RELATIONSHIP OVER TIME
  • 28. #TLDisrupted #DSKC DESPITE THE NOISE, EXECS ARE STILL HUNGRY FOR HELP 68% consume thought leadership on at least a weekly basis. 33% do so daily. 20% have increased consumption “a lot” over the past 12 months. < 5% have reduced consumption either a little or a lot.
  • 29. #TLDisrupted #DSKC RULE 5: THINK BIG & BUILD A RELATIONSHIP OVER TIME Executives and marketers agree: Compelling TL is ‘innovative’, ‘big picture’, ‘credible’ and ‘transformative’. According to executives unimpressive TL is ‘superficial’, ‘sales-driven’ and ‘biased’
  • 30.
  • 31. #TLDisrupted #DSPDX RULE 6: BE A THOUGHT PARTNER
  • 32. #TLDisrupted #DSKC EFFECTIVE THOUGHT LEADERS PUSH BOUNDRIES of consumers like to encounter thoughts and ideas that go beyond current thinking. 96%
  • 33. #TLDisrupted #DSKC “It’s mindshare before market share.” Rebecca Edwards, Chief Communications Officer, GE Oil & Gas
  • 34. #TLDisrupted #DSKC THE NEW RULES 1. Know your audience – put them first 2. Know yourself – know where you have a right to play 3. But don’t be limited – involve outside experts 4. Less is more – return to the fundamentals 5. Think big – build a relationship over time 6. Stop trying to be a thought leader – be a thought partner
  • 35. WE MUST REMEMBER IT’S THEIR JOURNEY THAT MATTERS… #TLDisrupted #DSKC
  • 36. SO WHAT ARE YOU GOING TO DO? #TLDisrupted #DSKC
  • 37. #TLDisrupted TLDisrupted.com Chris Shedd VP, Brand Partnerships, Financial Services The Economist Group @cjshedd

Notas del editor

  1. Ok, in all seriousness, what I want to talk about is data. Specifically email and how all of you in the room are literally sitting in the center of the digital universe.
  2. This simple email address can unlock so much data on you.
  3. But when we think about email, we have 2 perspectives. First is the campaign we do everyday, and the second is about how we consume that in our personal lives. I want us today to think about both sides of this chasm. ON the personal side, an email address is accessed on our phone
  4. Retailers have it cause we give it for receipts or savings
  5. Doctors have our email address
  6. Our home information has it
  7. Even banks have it. The information that can be consolidated based on your email address is amazing….and very scary
  8. But how can we link all that data when the average consumer has 3 email addresses. Linkedin and Yahoo B2B – B2C
  9. Especially when we as marketers are devaluing email like this.
  10. I mean, yes. Email continues it’s reign in digital advertising in North America and brings home the REAL BACON. Yes. US BACON RULES. And there is a need to create
  11. Yet only 1/3 are actually going farther. Where customers are expecting to see you go. Not using what they have... Not adding to it.
  12. We haven’t really unlocked the world of this key – with big data. My understanding is that 75% are still doing batch and blast. How do we change that??
  13. Think about it. On average, UK advertisers are spending £253 per connected user on advertising. How much are we wasting cuase we’re acquiring customers we already have?
  14. We’re literally pouring money down the toilet
  15. This is the marketing plan of the future... Where it’s going. And it’s not easy to get here.
  16. So where to start? Where are marketers that are succeeding? Strategy. Live in Strat – not in tactic.
  17. I mean, yes. Email continues it’s reign in digital advertising in the US and Canada and brings home the REAL BACON. Yes. US BACON RULES.