content paradox - madhavan narayanan at the indiasocial summit 2012
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Madhavan Narayanan's presentation on Power Talk: Future of Content at the IndiaSocial Summit 2012TRANSCRIPT
Content Paradox
Six Rules to Harness the Chaos
Narayanan Madhavan
April, 2012
Why we need to ponder,wander and wonder
• A century-old revenue model based on advertising/PR is facing a threat – both for brands and publishers
• Loser Generated Content may erode a market for remunerative content, Long Tail makes ads difficult to measure
• Future of content, business models and brands that relied so far on old-world advertising/public relations are at stake. And intertwined
Rule 1: Content is King- But Attention Will Be Empress
• Virality Quotient (VQ) improves visibility of shared content
• Attention Quotient (both drawn attention and retained attention) are critical – Draw the horse to water, and make it drink
Rule 2: The Pizza Principle -Content needs to be “repurposed”
• Content will be designed like adjustable airline seats or variable pizza toppings, even when the basic stuff is the same
• Need for customisation – at low cost/effort
Rule 3. “Feel Factor” will replace“Form Factor”
• Content is received inside your brain, heart and mind
• Are they GENUINELY INTERESTED?
• No 30-second commercial, no A4 paper, no Berliner
Rule 4: Content
discovery is an industry • Search engines are
chaotic, inadequate still – long way to go
• Social media triggers a zillion points of intervention
• Kumbh Mela Syndrome
Rule 5. Branding is about reputation, not recall
• Social buzz, social CRM will be countervailing forces
• Advertising, PR are active. Social buzz is interactive
• Low-cost, high-impact branding feasible. Your rival knows it
Rule 6. Sponsor content, raise your brand
• Coke Studio/Binaca Geetmala/Bournvita Quiz contests/ITC Sangeet- Research Academy
#youremember
• Abandon demographic obsession
• CSR meets content meets branding
• Ride the reputation wave
Why ride culture, when you can shape it?
• Repurpose
• Restructure
• Relate
Courtesy:Searchengineland.com
Thank you!