I got involved in a tete-a-tete over the concept of journalists as entrepreneurs on Twitter on Wednesday. The essence of it was the question of whether or not journalists should stick to journalism, and not worry about the selling/entrepreneurial part of things. If they stick to journalism, the argument went, they will be better placed to maintain the quality of their work. I disagreed (you can read the whole thing here).
That discussion was about individual journos, selling their own wares, largely in the news sphere. We didn’t tackle the broader ‘grand repurposing’ of journalism. Marketeers have come to realise that rather than trying to convince journos to ‘print their stuff’, they’re going all in and hiring them to do what they do naturally, then piggybacking on it and basking in the reflected glory. They call it brand journalism. Bizarrely, it often offers journalists, photogs and filmmakers the freedom to do the stuff they’d desperately love to do. For money. I know.
This repurposed journalism, in which journalists are hired to create great content for magazines, websites and even TV channels conveniently owned by brands, is on the rise. It’s the advertising world’s rising MO and an area in which smart companies are willing to invest heavily and build big, creating talented teams to turn out top-quality content.
They’re hiring, and hiring fast. (Net-a-Porter are hiring right now, so are Patagonia). Take Patagonia. They now have a team of ten journalists, developers, designers and an editor-in-chief creating their blogs, websites and tumblrs. It seems to be working.
Patagonia does not rely on outside agencies for any of its marketing, another unique aspect of its approach. “By doing things ourselves, we are just removing the layers,” Boland [Bill Boland, Patagonia’s digital creative director], said.
“Proving ROI isn’t a big challenge,” he said. “Our biggest challenge is that we have more content than we could possibly publish, which makes it hard to figure out what gets in and what does not.”
The whole project, every fullstop and pixel, exudes ‘Patagionaness’. They even take counter-intuitive environmental stances against their own product from time to time. Damn hippies. Minor scuffles aside, it’s clear that Patagonia’s editorial team are advocates for the company and its philosophy – they speak the language of their customers, they are wholly into it, which is why the whole thing works, and why they have become magnets for relevant content. And that’s crucial if brand journalism is to to be practical, and credible. Jez Frampton, CEO of Interbrand, spoke of the importance of that in the content marketing context. It’s essential that everything that emanates from a brand newsroom is in tune with that company’s ethos.
‘Every message from a brand is viewed in the context of that brand: its market position, personality, values, competitive stance etc. In other words, it shapes the way we interpret the message, and in a world where our communication with brands is increasing exponentially, a clearly articulated and defined brand becomes even more important.’
Translation: If there’s a sniff of your team being false, or trying to be something you clearly don’t believe in, the reader will shred your credibility in a bloody marketing pogrom. The media houses with a strong brand and who understand their brand, are the ones that are surviving, and that’s not restricted to fashion houses or FMCG entities. The FT and the Economist are thriving. Al Jazeera is spreading like nits in a kindergarten. They are all well-defined brands. And then there’s Red Bull. Originally a fizzy drink made (so the urban myth goes) with the stimulating freshness of a bull-testicle extract, Red Bull is now a global media empire (which just happens to sell a beverage).
‘Lately, every conference PowerPoint on the future of advertising or PR seems to mention Red Bull as a — if not the — shining example of a brand-turned-publisher, what every future-leaning agency encourages its clients to emulate.’
Red Bull has gone from emblazoning other people’s events with extreme soft-drink bunting, to running the events, ending at a point where it producing high-grade expeditionary documentaries, magazines and the rest off the back of their extreme lifestyle advicates and has become a global leader in content marketing. They sell drinks on the side. No-one would question the quality of the film, photography and interviews they produce. Their team are outstanding. The content they create is stunning.
‘It [the Red Bull behemoth] recently released a feature film, The Art of Flight. The movie cost a reported $2 million to make, but when it hit iTunes in 2011, it parked atop the charts for more than a week — bringing in $10 per download.’
Remember a time when brands used to pay for ads in the traditional media? Step through the looking glass into the Red Bull content pool. It’s a place where the traditional media can go to pay for professional content produced by people who once tried to sell you fizzy can of caffeinated cough mixture which they advertised in the traditional media. Dizzy? You should be, particularly if you work in the traditional media. Former advertisers selling you the content you once used to use to sell them advertising? It’s like someone invited you to dinner, got you drunk, and then stung you with the bill. Red Bull describe their content pool thus:
‘A one-stop gateway to our full media catalog: plug-and-play web clips, documentaries,news pieces, photo shoots, the latest interviews, and accompanying editorials. With over 50,000 photos and 5,000 videos, the Red Bull Content Pool is the finest dedicated global content source in existence for sports, culture, and lifestyle material.’
Red Bull are streets ahead of most brands looking to get into this game, and there’s a frantic game of catch-up being played. Everyone wants in, but the road to creating a newsroom from scratch is daunting.. In a Harvard Business Review blog post, Newsweek/Daily Beast CEO Baba Shetty said brands need to be more like newsrooms:
For messages to be heard in 2020, brands will need to create an enormous amount of useful, appealing, and timely content. To get there, brands will have to leave behind organizations and thinking built solely around the campaign model, and instead adopt the defining characteristics of the real-time, data-driven newsroom — a model that’s prolific, agile and audience-centric.
That’s easy to say, but not easy to do. Agility and timeliness are particularly challenging, because it means your creative wordsmiths also need to be skilled at monitoring all the relevant incoming news and/or social media signals to find whatever it is they should be reacting to. Digiday provide a dose of reality.
Any publisher will tell you that operating a newsroom is an expensive, arduous task. It’s also incredibly difficult to do well, especially if it’s not your business.
Amen, brutha. (Sorry, SISTA). It’s tough. Say you’re a clothing retailer, your core competency is, well, clothing. Not editorial (exceptions aside). There’s an enormous skills gap. It’s a gap into which journalists should be leaping to make a buck. Some are – in the form of companies like /Newsroom and networks like Contently, springing up to fill the content gap. As newsrooms shut their doors, there are windows opening in the world of brand journalism. But journalists may be reluctant to break in. In fact, they may board up the holes. Why? More to follow.