In opposition of
content creation in inbound marketing
, one thing we hear time and time again from businesses is the infamous free content debate.
"If we give away free content and information that our paid products/services help solve," they say, "who's going to want to pay money for what we're selling?"
It's easy to understand why companies would think that way. The goal of any business is to make a profit, so giving away free goodies to people would be crazy, right? Wrong. In fact, giving away free content to your prospective customers can actually do the opposite, educating prospects about the products and services you offer and leading to more leads and sales for your business.
So when it comes to inbound marketing, does the old adage, "Why buy the cow if the milk is free?" ring true? We think not. Here are five benefits of using free content to educate your prospects.
1. Trust in Your Brand
Using free content, whether it's in the form of blog articles, ebooks, webinars, videos, etc. can do wonders to boost trust in and credibility for your brand. Quality content shows prospective customers that your business is a thought leader that knows what its talking about, and this can also translate to initial trust in your paid products and services. After all, if the content you're creating is educational and helps your prospects learn something new or solve some problems they have, why wouldn't they think your paid offerings are equally as helpful?
2. Prospect & Customer Evangelism
If your prospects (and even your customers) are finding value in your content, what you might even end up with is a bit of
content evangelism
, or people sharing and promoting your content on your behalf. This is extremely beneficial, since it expands the reach of your content and generates brand awareness beyond your direct network.
3. Traffic
No surprise here. Creating content is a fantastic way to get found online and increase various types of traffic to your website. By making sure content is optimized with your best keywords, you'll increase your chances of getting found in search engines and boost organic traffic. By promoting content in social media, you'll increase your referral traffic. By using content offers in paid marketing efforts like pay-per-click or in email promotions, you'll increase traffic from paid search and email marketing, respectively.
4. Qualified Leads
Another huge benefit of educational content is that it's, well, educational. The more prospects who read your content, the smarter they'll be about what your business actually sells and can offer them. The better they know this, the more qualified they'll be as leads, and the easier it will be for your sales team to close them as customers. Inbound marketing greatly improves lead quality because prospects are essentially volunteering themselves as leads. Isn't self-selection a beautiful thing?
5. Happier Customers
When your content is effective at communicating and educating customers about what problems your products/services can help them solve, they'll have better expectations as customers. What this usually means is happier customers. Rather than blindly purchasing from you and not fully understanding that your product does , which can lead to misconceptions and false perception, educational content better prepares your customers and makes for a more informed customer base. This can lead to future or repeat purchases and lower churn.
What other benefits have you noticed from providing free, educational content to your customers and prospects?
Photo Credit:
JelleS
Analise 1:16 PM on August 16, 2011
Fantastic analysis, and complete on target when it comes to our social commerce platform! On the SEO side, quality content is naturally rife with keywords and other attributes rated highly by search engines. We've also been tracking social media engagement with different integration features, making sharing/interacting with the content even easier than before.
Emma 1:37 PM on August 16, 2011
I would also add "providing foretaste" to that list. Free content is like tantalizing a potential client with the glorious marketing campaign that could come to fruition, should your client opt to sign on and start pumping out cash for the next round of content generation.
Of course, the freebie should not be in any way held back or abridged; rather, content services should still bring out their A material for the preliminary offering, if only to further entice the client into becoming a regular.
Maddie Weber 1:56 PM on August 16, 2011
Pamela,
Great insights and synopsis. The one thing I'd add to this list is "a better understanding yourself". It goes along with the phrase that when you teach something; you learn it better yourself.
So in reading/writing content about what your company does, explaining what problems you solve and how best to approach them - you develop a thorough and inherent understanding of your own work.
Ultimately, you might find better ways to explain things as well, after seeing what questions your consumers have as well.
Ranchelle Alexander 2:53 PM on August 16, 2011
This is great info. I know that when I work with Coaches there number one concern is 'giving away' what people will pay for.
jbledsoejr 3:27 PM on August 16, 2011
Educating your prospects is very important. It can be a way of sifting (similar to what you said in #4). The prospects who want to learn more about what you are providing will connect and remain...hopefully making purchases. While the others will continue looking for something else.
Nice post!
RealStew 2:34 AM on August 17, 2011
Excellent post! Thanks for the information..I Agree all of those 5 Benefits..By the way have you heard about the new “Social Media platform that shares it’s revenue with users?”
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Rick Falls 1:31 PM on August 18, 2011
I find that by giving help and guidance freely, as you inform your prospects, you gain a significantly better position as an expert in your field.
Many still seem to be operating out of fear that repels, instead being in the confidence that naturally attracts customers.