Types of media that you can use to support your marketing efforts 2021.
There are many different types of media that can be used to support your
marketing efforts from the traditional media platforms to the digital platforms
that can be utilized by either individuals or even companies of any size.
There are the following types of media:
1. Owned,
2. Earned,
3. Paid,
4. Shared &
5. Rented.
Although, let us
start with traditional media channels or types:
Traditional media can include adverts
or articles within newspapers, magazines, trade journals as well as other
traditional printed media forms or there are are also television (TV) adverts
or even radio adverts or even a sponsorship agreement between the radio station
or even the TV station and your company where there can be product placement
within these TV or radio shows and the ads that appear on these channels or
even during ad breaks or possibly 'this show is brought to you by 'a company'
although, this may only be available on commercial stations.
Rather than these channels being completely to do with the marketing
department within a company or organisation this can also be considered as
being also a press relations (PR) channel especially if it entails a press release
or a full article is required to be released by the company or organisation and
published.
Traditional paid media channels can include newspapers, magazines (print
media), radio, television (broadcast media), in transport stations such as
train stations, bus stations and other public transport stations and other city
specific transport stations such as the London (United Kingdom (UK) Underground
stations or even the Luas stations in Dublin (Republic Of Ireland (ROI) and
Subway in New York (United States Of America (USA).
Other forms of traditional media channels could be company brochures, university,
or college prospectuses (in terms of education) as well as many other
traditional media that can be utilised in different forms of marketing
efforts.
Digital media
Owned media
These are only 3 example of owned media (although, there are many other
examples):
1. Your company's'
website is owned media as your company has complete control over it
and there aren't any guidelines pre-defined and restrictions in place. For
using this form of media unless the company has applied limits for certain
users within the company itself or by the individual marketer if this is one of
your own personal websites that you have set up.
2. Your company can
develop an application (app) for internal customers such as
staff or for external customers to use to access a particular service or a
range of services that your company provides this is set up and run and owned
by the company itself. Rather that it belonging to another company and you only
using it as that would fall into the rented media type of
media rather than owned media.
3. Your company can
create a company blog (a blog could also be considered
as rented media also if you are utilizing a third-party
hosting website although you still own the content that you post on this unless
you invite guest contributors to contribute one of their blogs on the company
blog or the third-party blog hosting website. That blog(s) would be considered
as content owned by the contributing party rather than your own company.
Owned media is anything under or your companies’ direct control such as:
- Companies or even your own
personal websites where you choose what you want to
include or not to include on it and what to include without the guidelines
that most third-party sites usually ask you to consent to and accept when
signing up.
- Newsletters that you or your
company releases either in the post, emails or even in downloadable
versions usually in PDF or a Microsoft Word version or even just imbedded
within an email. Usually though signing up form on the website this is
also a a good way that you could grow your email list as long as you
include an option to opt in and get permission for their personal contact
details to be collected and stored as well as an opt out option in each
email to opt out at any time in line with the General Data Protection
Regulation (GDPR) or any other regulation that your country has in
operation.
- Catalogues that contain the
products and services that your company or you yourself offers and these
could be in available through your website and even in print form although
that's when it becomes an example of traditional media as it either has to
be distributed by hand and / or posted rather than it being easily
distributed via your company’s website.
- Blogs (for example this one
that you are currently reading this on) that can be on your own website or
a third-party blog hosting website. Here are a couple of examples: Blogger
(https://www.blogger.com/) (This particular one),
WordPress (https://wordpress.com/) (another one), Medium (https://medium.com/) (a further example of
one), There are also other third-party blog hosting websites
available. These are only a couple of examples.
Earned media
Earned media types could be considered as social media channels as you
earning these likes, comments, shares, retweets and other social media channel
specific social interactions and you are growing an audience as long as it's
organic growth rather than paid growth.
Paid media
Paid media channels could be considered as pay per click (PPC) online
examples could be for example:
- Google Ads search ads
(https://ads.google.com/intl/en_uk/home/campaigns/search-ads/).
- Bing Ads
(https://ads.microsoft.com/)
As two examples for
search engines that have paid for media channels that can be utilized for your
company or individual marketing and adverting efforts.
- Sponsored social or promoted
social media posts, please find an example of this form of paid media below:
Source: https://www.linkedin.com/posts/activity-6747542871865335808-Spky
This particular post is an example of paid media as you can see under
the 'number of followers' you can see clearly stated 'promoted'.
In the case of this particular there is a clear message 'Subscribe &
save 50%' as well as a clear button to click on labelled 'Subscribe'.
This is only one example from LinkedIn. This post will appear in the
LinkedIn feeds of LinkedIn users even if, you are not following the 'Financial
Times'. I can tell you this I'm not even following the Financial Times.
- Display Ads,
Source: https://ads.google.com/intl/en_uk/home/campaigns/display-ads/
These ads contain an image as well as a short description as well as a
click through direct to a place to perhaps buy the item or find out more information
about the company’s product or even the service(s) and perhaps even.
- Video ads
There are many ways to use video ads and create them they could be only
photos and text or actual videos.
For further information from Facebook on Video ads here is a link:
https://www.facebook.com/business/ads/video-ad-format
Including the following types that Facebook can you provide on their social media website:
- Slideshow
- Stories
- Carousel
- Collection
- Messenger
- Playables
- Instant Experiences
- Premium video
There are many more
example of these paid media here are a couple of other examples that you could
consider utilising in your marketing.
- Paid search results,
- Pop-ups and
- Other promoted
multimedia.
These examples are
from: Meyer, K. (2019, Hubspot, Paid media, explained in 400 words or less, source: https://blog.hubspot.com/marketing/earned-owned-paid-media-lead-generation).
- Search
- Display Ad Networks can be
networks where you can bid for key words and ad space within search
engines such as Google, Bing (Microsoft) and can be charged based on pay
per click (PPC) or another payment plan that is available.
- Affiliate
Marketing
These examples are
from: Chaffey, D. (2020, SmartInsights, The difference between paid owned and
earned media, Source:
https://www.smartinsights.com/digital-marketing-strategy/customer-acquisition-strategy/new-media-options/).
Social
- LinkedIn Ads
(https://business.linkedin.com/marketing-solutions/ads)
- Twitter Ads
(https://business.twitter.com/en/advertising.html)
- Facebook Ads
(https://www.facebook.com/business/marketing/facebook)
- Tik Tok (https://www.tiktok.com/business/en-US)
- SnapChat
(https://forbusiness.snapchat.com/)
Owned media
Owned media can be
considered as any media that a company, individual has complete direct control
over such as:
- Websites,
- Newsletters,
- Catalogues, and
- Blogs.
That you or your
company writes, and releases and you control what is posted and included within
them.
These examples are
from: Bonchek, M (2014, Harvard Business Review, Making sense of owned media,
source: https://hbr.org/2014/10/making-sense-of-owned-media).
Shared media
Shared media can be
any media content that you or your company has created and shared on special
media channels by your company and it is targeted that others could view on
other websites and share it with their community's and friends, families, colleagues
and this is generally for free unless you choose to promote the post which
would lead this to be a part of paid media.
Rented media
Rented media is not included within the model although this can be considered as any other website or blog hosting website such as Blogger.
Other examples are:
- Most email services such as Mail Chimp, Outlook, Gmail, etc.
- Web-Based Meeting Platforms such as Google Meetings, GoToMeeting, Skype, etc.
- Online social media platforms such as Facebook, Twitter, Instagram, LinkedIn, etc.
- Podcast hosting platforms such as Apple Podcasts, Spotify, SoundCloud, etc.
Source of some of these examples of rented media: Hunt, C. (2016, Denovati, Digital media: owned, earned, paid … plus share, free and rented , source: http://denovati.com/2016/06/digital-media-owned-earned-paid-shared-free-rented/).
These 4 types of
media together form a particular Public Relations (PR) model that has become
known as the PESO (Paid, Earned, Shared & Owned) model that was developed
by Gini Dietrich of Spin Sucks.
This is their model
below:
Source of the above
image and link for further information on the above model from the developer: https://spinsucks.com/communication/pr-pros-must-embrace-the-peso-model/
. Also, there is a full book on the model.
I hope you found this short blog of in interest and of help for your personal marketing needs or even for the company that you work for due on Monday and that marks the end of this module.
Unfortunately, this is the final post on this blog for now as I have a report to complete on this for my Marketing Analytics module as part the MSc in Marketing that I'm completing as part of the MSc in Marketing I'm currently completing. I may start this blog up again in the future so please watch this space.
David Mc Donald, BSc
(Hons)
Currently completing
an MSc in Marketing
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