By now, most everyone has probably heard someone harping about the need for businesses to “tell their story” or “engage consumers with content” or “connect with customers on a personal level”. For over a decade, the mantra among marketers has been that Content Is King. Content is meant to attract and keep the attention of customers and potential customers. As the saying goes, “Be careful what you ask for; you might just get it.” Everyone jumped on the content bandwagon. Ad agencies, marketing firms, public relations firms, SEO firms and media vendors all rushed in to help. They all touted the need for “MORE CONTENT.” The goal was quantity. Tell stories. Share information.
Today, consumers are saturated – actually overwhelmed – by content. Social media has enabled and encouraged everyone to share information and tell stories. Methods of storytelling abound. Businesses are sharing more information. Experts are writing white papers. Industry leaders are putting out Forecasts. Charities are telling stories. Teenagers are chatting and tweeting and sharing pictures, videos and stories. Even religious leaders – who used to be confined to telling their stories from the pulpit – have joined the digital storytelling revolution. And the media — the original reporters of the world’s stories — now find themselves vying to be heard above the storytelling din. People are experiencing an onslaught of ‘content’ the likes of which has never before been experienced. The whole of humanity is busy creating content. It is a growing ocean of noise. Now what?
This is where the law of supply and demand kicks in. When there is a glut of supply in the market, then the value goes down. Whereas once upon a time quantity was the name of the game with content, going forward the focus is shifting toward quality over quantity. Welcome to the age of quality content. Continue reading