OWNED, EARNED and PAID media - Maximising outcomes across all available channels

Marketers today have a vast array of channels at their disposal to reach their target audience. These channels can be broadly grouped into three categories: owned, earned, and paid media. In this article, we'll take a closer look at each of these categories and discuss how you can use them effectively to maximize your marketing outcomes.

Owned media refers to channels that you own and have complete control over, such as your website, blog, email list, and social media accounts. These channels provide a direct line of communication with your audience and are an important part of your overall marketing strategy.

To maximize the effectiveness of your owned media, you should focus on creating high-quality, engaging content that resonates with your audience and encourages them to take action. You should also regularly assess the performance of your owned channels and make changes as needed to improve their performance.

Earned media refers to the coverage and attention you receive from other sources, such as media mentions, reviews, and social shares. This type of media is often more credible than paid media, as it is seen as an endorsement from a third party.

To maximize the impact of your earned media, you should focus on building relationships with key influencers and media outlets in your industry. You can do this by regularly sharing your content with them and engaging with them on social media. You should also make sure to track and measure the performance of your earned media, so you can understand what is working and what isn't.

Paid media refers to the advertising and promotion you pay for, such as sponsored content, paid search, and display advertising. This type of media can be a powerful way to reach new audiences and drive traffic to your website.

To maximize the effectiveness of your paid media, you should focus on targeting the right audience and creating compelling ad copy and creative. You should also regularly track and measure the performance of your paid campaigns, so you can optimize them for better results.

In conclusion, owned, earned, and paid media are all important channels for reaching your audience and achieving your marketing objectives. By maximizing the effectiveness of each of these channels, you can create a comprehensive and successful marketing strategy that drives results.