Insight Articles — Jul 26, 2024
5 mins read
Share this article
In the fast-paced and ever-evolving digital marketing landscape, it's easy to get lost in the latest trends and innovations. New tools, platforms, and strategies emerge almost daily, vying for attention and promising the next big breakthrough. However, amidst the buzz, there are several core marketing concepts that can always serve as a reliable backbone for your marketing campaigns.
Allow us to [re]introduce you to the digital marketing classic: The Digital Marketing Trifecta. This powerful combination of Owned Media, Paid Media, and Earned Media remains a cornerstone for sustainable growth and long-term success.
Image: Digital Marketing Trifecta
Owned Media comprises a brand's digital properties, ranging from websites and social media accounts to newsletters and marketplace stores. These are the cornerstones of a brand's online presence. Marketers and brand owners must see owned media as an investment tool and play this as a long game.
Investment Profile: Long term
Marketing Tactics: Brand Positioning (Communication & Visual), Content Creation, SEO
Pro Tip: Think outside the box and explore unique owned media options. Marketers don't need to be on every platform; sometimes, brands can utilize niche channels such as forums (Reddit/Kaskus) or publishing platforms (Medium).
Earned Media is the digital equivalent of word-of-mouth marketing. This media comes in the form of organic mentions and endorsements by consumers, reviewers, or journalists. Examples include marketplace reviews, unboxing videos, or mentions in news media.
Investment Profile: Medium to long term
Marketing Tactics: PR / Media Relations, Community Building, CRM
Pro Tip: While it's easy to "purchase" your earned media, for a longer and more sustainable strategy, marketers should focus on building organic relationships with industry opinion leaders.
Paid Media complements owned and earned media by strategically amplifying your brand's reach through targeted advertising. Investing in paid media channels, such as social media ads, search engine marketing, or sponsored content, allows you to target specific demographics, interests, and behaviors to boost traction.
Investment Profile: Short to medium term
Marketing Tactics: Performance Ads
While each component of the Digital Marketing Trifecta offers unique benefits, the true power lies in their seamless integration. By leveraging all three in harmony, marketers can create a holistic marketing strategy that maximizes the brand's traction.
Harnessing the combined strengths of Owned, Paid, and Earned Media allows marketers to build a robust foundation that withstands trends and drives lasting success. By focusing on these timeless principles, you can achieve sustainable growth and long-term success in the digital marketing landscape.
Share this article
Related insight