In 1996, Bill Gates declared that “content is king.” Over 20 years later, marketers continue to adhere to his prophetic statement.
Why is content still king?
Is it because 93% of B2B marketers use content marketing? Yes.
Is it because content marketing costs 62% less than traditional marketing, and generates 3x as many leads, according to DemandMetric? Absolutely.
However, King Content isn’t always perfect. In fact, Havas Group conducted a 10-year study looking at the performance of top brands vs. the competition. The Meaningful Brands study found that content produced by most brands is so underperforming that its impact on business is negligible.
84% of consumers are expecting brands to create content, yet 60% of the content created by leading brands is low-quality, irrelevant, or un-actionable. That means that most brands are wasting money.
The meaningful brands who create excellent content are outperforming the market by 206%. Everyone else’s content is seen as clutter by consumers.