“Global newspaper trends have been surprisingly stable.”
“Media is in the center of a storm of turbulence.”
“You should feel this level of uncertainty and turbulence in your daily lives.”
"We’re in a world of modestly declining revenue overall."
"We think branded content is a pretty exciting space."
"We think of native advertising as a subset of branded content.”
"We like it, we think it works."
(RedBull has) surrounded us with media properties."
“Redbull is no longer alone…other brands are building integrated media ecosystems.”
“A tweet by itself is not branded content.”
“Branded content marketing is the only marketing left.”
“Only young kids like branded content. Well, that’s actually not the case.”
“As audiences change over time, branded content acceptance will, as well.”
"It's all about authenticity and transparency.”
"Trust. After consuming branded content, trust increases."
"Obviously credibility matters the most.”
“If you dislike a brand and experience branded content, it will increase your dislike.”
“The interests in branded content increases & affinity in brands increases the younger you go.”
“Media companies on a daily basis create, manage, mine data around branded content.”
“Branded content is powerful.”
“What role will you play in shaping this variable world?”
Zuckerman began his career with the Boston Consulting Group in his current position in 2006. Prior to beginning his work with BCG, he was the Executive Director of Strategic Planning for Time Warner, Inc. BCG has more than 81 locations in 45 countries, serving as a business strategy advisor to all clients. They work to identify opportunity in all client organizations and advise on how to overcome business challenges.
Neal Zuckerman, partner and managing director of the Boston Consulting Group, focused his presentation at the INMA World Congress around branded content.
“Where do we think the next source of growth could come from?” Zuckerman asked the audience. “We think branded content.”
However, the exact definition of branded content is still unclear, he added: “When you Google branded content, you get 72 million results.”
Zuckerman defines it as this: content with a consumer benefit in an authentic environment in the service of a brand.
For branded content to be effective, the environment it’s placed in must be natural and relevant. He used the counter-example of putting a diaper ad in a teen magazine. The two do not typically go together.
After conducting a 4,500-person survey, consisting of answers from people of various ages, countries and ethnicities, Zuckerman found once they encountered branded content, 86% found they liked it. In addition, 65% demanded and sought out the branded content.
However, the survey also found that if a person already dislikes a brand, then the branded content makes a person dislike the brand even more.
“After consuming branded content, trust increases,” Zuckerman said.
He wrapped up his talk giving a few tips on what attributes are critical for branded content: credibility, design, humour, thought-provoking and short content: “As audiences change over time, branded content acceptance will, as well.”