
3 Ways to Boost ROI from Branded Entertainment
Traditional advertising techniques are becoming less effective by the day, and branded entertainment has emerged as a vibrant alternate route for marketers, event organizers, and brand leaders to create deep, meaningful connections with their audiences. But as with any marketing investment, the burning question remains: How do you maximize the Return on Investment (ROI) from your branded entertainment? Before we dive into the strategies that can help ensure every dollar spent on branded content works harder for you, let's unpack what we mean by this term.
What is Branded Content?
Branded content is created by brands to entertain, educate, or inspire their audience rather than directly advertise products or services. This kind of content aims to build brand affinity and emotionally resonate with viewers, creating a more substantial, loyal connection over time.
However, the challenge with branded entertainment lies not just in its creation but in measuring its effectiveness. A noteworthy piece on LinkedIn by Thierry Daher delineates the complexities involved in measuring ROI for branded entertainment, highlighting the importance of setting clear objectives and employing a mix of qualitative and quantitative metrics to gauge success accurately.
How to Measure the ROI of Branded Entertainment
Measuring the ROI of branded entertainment requires a different approach than traditional advertising. While direct sales might still be a critical measure, engagement metrics, social shares, sentiment analysis, and brand lift studies often provide more nuanced insights into the effectiveness of branded content. The key is to establish clear KPIs (Key Performance Indicators) based on the specific goals you aspire to achieve—whether that's increasing brand awareness, engagement, or loyalty.
Maximizing ROI from Branded Entertainment: 3 Pro Strategies
1. Align Content with Core Brand Values
The most compelling branded content resonates because it mirrors the brand's core values, creating a genuine, authentic connection with the audience. When your content embodies what your brand stands for, it doesn't just attract attention—it engages hearts and minds. For instance, if sustainability is a pillar of your brand, creating content that highlights environmental issues or celebrates solutions can engage an audience that shares these values, leading to higher engagement and loyalty.
2. Leverage Cross-Channel Promotion
No branded content should live in isolation. To maximize exposure and engagement, leverage all available channels to promote your content. This means going beyond posting on your website or YouTube channel. Utilize social media, email newsletters, partner platforms, and even paid advertising to ensure your content reaches as wide and relevant an audience as possible. It's about creating a cohesive ecosystem where your branded content can be discovered, shared, and acted upon across various touchpoints.
3. Incorporate Interactive Elements
Engagement is the lifeblood of ROI in branded entertainment. One way to significantly boost engagement—and, by extension, ROI—is to incorporate interactive elements into your content. Whether it's a live poll in a webinar, an interactive infographic, a virtual reality experience, or a social media contest, interactive components invite the audience to participate rather than passively consume your content. This not only increases the time spent with your brand but also elevates the memorability and impact of your message.
Conclusion
Brands can significantly enhance the effectiveness and impact of their branded content initiatives. Maximizing ROI from branded entertainment starts by aligning with core brand values, utilizing cross-channel promotion, and incorporating interactive elements.
Remember, the ultimate measure of success in branded entertainment doesn't just lie in immediate sales or conversions. It's also about the long-term brand equity and loyalty you build through meaningful, resonant content. Cultivating a deep, authentic connection with your audience is the most powerful ROI branded entertainment can offer.