In this final blog in our series examining the PESO framework, we delve a little deeper into the world of paid media. Including the role it plays in PR and marketing plans, and its relationship with the other PESO elements.
What is paid media?
As the name suggests, paid media refers to any type of paid activity. Traditionally, this was the domain of television, radio, and print advertising. Media has now moved into the digital landscape, and it has shifted and reshaped.
Paid media includes:
- Social media ads – for example, boosted and promoted posts and retargeted ads.
- Sponsored content – such as paying for influencers to endorse your brand or to have your logo included on certain websites.
- Search engine ads – including Google Adwords campaigns.
- Advertorials – paying for content that mentions your company and brand.
Why is paid media important in the PESO framework?
The joy of paid media is its ability to reach your target audience without people needing to leave the online environment they like to use. It has the potential to introduce your brand to people who are interested in what you do, but who may have never heard of you before.
Paid media usually comes later in the delivery of a PR or marketing schedule. Generally, you will create some owned content (in the form of blogs or white papers). You will have gained some media or influencer coverage before you turn to paid. Not only that, but getting the wheels in motion with some successful sharing is often the best tactic before you pay to boost it further. Content that is already popular will become more successful when you pay to promote it.
How to make the most of paid media
- Plan your budget wisely – boosting everything you post on social media or throwing bottomless pots at Google Adwords won’t necessarily bring in the best results. Consider what is most important to promote and focus your efforts on those.
- Go for organic first – ads generally perform better if the content or page is already popular – and algorithms like it because they can see you have an established audience. This makes your job harder, but you’ll see better results if you invest some energy into building your brand organically.
- Keep adapting – many ads are unsuccessful. It’s frustrating, but successful advertising is all about analysing, revising and trying again. Techniques such as AB testing are easy to set up on social media. They help you refine your campaigns to find the best message, creative, or target audience.
- Choose the right format – videos, galleries, carousels, Stories – the creative advertising formats on social channels are endless and different formats will work at different times.
If you have any thoughts on paid media and using the PESO framework let us know in the comments below, or connect with us on twitter @Ambitiouspr. We’d love to hear what you think!