End of year reviews are fun, but I’m just a little bit late for that. Besides, I’m much more interested now in what happens next. Here’s five big ideas that media brands need to grapple with in 2014.
1. Realise the value of their audience
Trust and recognition can take decades to build. With every brand in the world now able to deliver a content proposition, media brands have a genuine head start when it comes to building meaningful audience relationships. Expect mergers and acquisitions.
2. Understand that a strong point of view is an obligation
Content is everywhere, so brands must be highly disciplined with their content strategy to maintain attention, credibility and point of difference. This means more focus on brand values, and then delivering stories that reflect them with a point of view that really means something.
3. Create better sponsored content
Instead of the rubbish that turns up in everyone’s feed, brands have to realise their sponsored content must be entertaining, useful and non-promotional. Every. Single. Time.
4. Get the website balance right
The hardest nut to crack, but if the content and the user experience is valuable, users will pay – particularly for specialist brands. If titles can get their story straight and support it across every platform, then metered content, paywalls and added value subscriptions will succeed. A different business model will also reduce the requirement to yell at the audience with a bunch of screaming MPUs.
5. Accept permanent beta and budget accordingly
Media brands need to wake up to the fact that visual design IS content. User expectation is now so demanding, that brands need to accept continual development when it comes to look, feel and function. Whatever the platform, if the experience doesn’t feel right within the first three seconds, people will wander off.
Same as it ever was.