One thing we can all agree on: PR professionals will spend a lot of time working on sponsored content and corporate social responsibility projects for the foreseeable future.
“Sponsored content” is the hottest phrase in PR and marketing right now, primarily because it means such different things to different people. Yes, it’s a new twist on the classic advertising discipline, but SC can clearly amount to more than BuzzFeed listicles barely related to the product at hand or conspicuous blog posts that hang out at The Huffington Post under the “sponsored story” heading.
Last month we spoke to Matt Crenshaw, president of environmental and social responsibility news site Mother Nature Network, to learn about how his organization has begun to serve clients by combining CSR and sponsored content in one fell swoop.
Why are brands increasing their focus on CSR?
Well, a recent Cone Communications study found that 80% of people feel that brands have a responsibility to tell them what they’re doing for the greater good, and another study found that brands that put “values” at their core outperform the S&P 500 by about 300%. We all joke about Whole Foods being “Whole Paycheck”, but they are really a lifestyle platform based on “values”, and they’ve done a great job of taking this niche movement and making a big business out of it.
What role can sponsored content play in this equation?
We live in an age where brands need to tell a story and hit you on an emotional level. MNN wants to be the Whole Foods for content: if you’re AT&T and you want to reach the high-value, socially responsible consumer, then you don’t talk about a discount on your phone, you talk about these tablets you created for kids on the autistic spectrum to help them learn. So MNN created a documentary series about it:
Of course, at the end it’s “AT&T: Rethink Possible”, and it’s clearly labeled “content provided by AT&T“, but our role is to say “here’s the story behind the brand.”