{"id":27991,"date":"2020-04-29T13:00:44","date_gmt":"2020-04-29T17:00:44","guid":{"rendered":"https:\/\/crowdcontent.com\/blog\/?p=27991"},"modified":"2021-10-08T18:12:27","modified_gmt":"2021-10-08T22:12:27","slug":"the-long-term-value-of-content-and-why-you-shouldnt-put-off-creating-it-in-the-short-term","status":"publish","type":"post","link":"https:\/\/www.crowdcontent.com\/blog\/content-marketing\/the-long-term-value-of-content-and-why-you-shouldnt-put-off-creating-it-in-the-short-term\/","title":{"rendered":"The Long-Term Value of Content and Why You Shouldn&#8217;t Put Off Creating It in the Short -Term"},"content":{"rendered":"\n<p>Albert Einstein said, &#8220;In the middle of difficulty lies opportunity.&#8221; He was encouraging others to face problems with the knowledge that they might find a way to resolve them or learn from the experience.<\/p>\n\n\n\n<p>Many businesses \u2014 online and off \u2014 are facing serious challenges in 2020, particularly given the impact that COVID-19 is having on bottom lines. But some companies are finding a way to resolve some current business issues \u2014 or, at least, create a more solid foundation for the future \u2014 by using this time to work on content marketing.<\/p>\n\n\n\n<p><strong>ALSO<\/strong> &#8211; Need a hand creating evergreen content? Try our <a href=\"http:\/\/www.crowdcontent.com\">content writing services<\/a> <\/p>\n\n\n\n<p>Yes, in the current environment, many businesses are understandably scaling back on content budgets. But at the same time, other businesses are&nbsp;<a href=\"https:\/\/www.crowdcontent.com\/blog\/2020\/03\/24\/how-to-leverage-content-in-a-crisis-situation\/\">actually increasing budgets<\/a>&nbsp;\u2014 and it&#8217;s not just those that are enjoying a traffic bump during this period.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Businesses Are Still Investing Because Content Is Valuable<\/h2>\n\n\n\n<p>For example, Kevin Miller, the founder and CEO of&nbsp;<a href=\"https:\/\/thewordcounter.com\/\">The Word Counter<\/a>, says he&#8217;s doubled his monthly content budget during this time. &#8220;I am increasing content spend because many others are slowing down,&#8221; says Miller. &#8220;Also, writers have a greater capacity to get new topics completed. It helps me plan out the entire years&#8217; worth of content and get it at a cheaper rate.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"730\" height=\"382\" src=\"https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/Kevin-Miller-Quote-730x382.jpg\" alt=\"Why Kevin Miller of The Word Counter is increasing content marketing spend\" class=\"wp-image-28003\" srcset=\"https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/Kevin-Miller-Quote-730x382.jpg 730w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/Kevin-Miller-Quote-320x167.jpg 320w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/Kevin-Miller-Quote-768x402.jpg 768w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/Kevin-Miller-Quote-620x324.jpg 620w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/Kevin-Miller-Quote.jpg 1200w\" sizes=\"(max-width: 730px) 100vw, 730px\" \/><\/figure>\n\n\n\n<p>But Miller&#8217;s not just looking out for his own bottom line. &#8220;It feels great to give work to people who are really in need right now and allows me to feed money back into the freelance writing economy that can use it.&#8221;<\/p>\n\n\n\t\t<div class=\"ss-ctt-wrapper ss-ctt-style-4\" data-ss-post-id=\"27991\" data-nonce=\"f285974be7\">\n\n\t\t\t<a href=\"https:\/\/twitter.com\/intent\/tweet?text=It+feels+great+to+give+work+to+people+who+are+really+in+need+right+now+and+allows+me+to+feed+money+back+into+the+%23freelance+writing+economy+that+can+use+it.+Just+one+reason+why+Kevin+Miller+is+increasing+%23content+spend+right+now%3A&#038;url=https%3A%2F%2Fwww.crowdcontent.com%2Fblog%2Fwp-json%2Fwp%2Fv2%2Fposts%2F27991&#038;via=crowdcontent\" class=\"ss-ctt-tweet\" data-title=\"Click to Tweet\" rel=\"nofollow noopener\" target=\"_blank\">It feels great to give work to people who are really in need right now and allows me to feed money back into the freelance writing economy that can use it.<\/a>\n\n\t\t\t<a href=\"https:\/\/twitter.com\/intent\/tweet?text=It+feels+great+to+give+work+to+people+who+are+really+in+need+right+now+and+allows+me+to+feed+money+back+into+the+%23freelance+writing+economy+that+can+use+it.+Just+one+reason+why+Kevin+Miller+is+increasing+%23content+spend+right+now%3A&#038;url=https%3A%2F%2Fwww.crowdcontent.com%2Fblog%2Fwp-json%2Fwp%2Fv2%2Fposts%2F27991&#038;via=crowdcontent\" class=\"ss-ctt-link\" data-title=\"Click to Tweet\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t\t<span>Click to Tweet<\/span>\n\t\t\t\t<svg class=\"ss-svg-icon\" aria-hidden=\"true\" role=\"img\" focusable=\"false\" width=\"32\" height=\"32\" viewBox=\"0 0 24 24\"><path d=\"M18.244 2.25h3.308l-7.227 8.26 8.502 11.24H16.17l-5.214-6.817L4.99 21.75H1.68l7.73-8.835L1.254 2.25H8.08l4.713 6.231zm-1.161 17.52h1.833L7.084 4.126H5.117z\"><\/path><\/svg>\t\t\t<\/a>\n\n\t\t<\/div><!-- END .ss-ctt-wrapper -->\n\n\t\t\n\n\n<p>Meg Marrs, the founder and CEO of&nbsp;<a href=\"https:\/\/www.k9ofmine.com\/\">K9 of Mine<\/a>, is also increasing content spend in April 2020. &#8220;With more folks stuck at home and spending more time online, we expect to see an increase in traffic and want to take advantage of that with as much content as possible.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"730\" height=\"365\" src=\"https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/Meg-Marrs-Quote_Twitter-1-730x365.jpg\" alt=\"Why K9 of Mine is Increasing Content Spend in April 2020\" class=\"wp-image-28009\" srcset=\"https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/Meg-Marrs-Quote_Twitter-1-730x365.jpg 730w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/Meg-Marrs-Quote_Twitter-1-320x160.jpg 320w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/Meg-Marrs-Quote_Twitter-1-768x384.jpg 768w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/Meg-Marrs-Quote_Twitter-1-620x310.jpg 620w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/Meg-Marrs-Quote_Twitter-1.jpg 1024w\" sizes=\"(max-width: 730px) 100vw, 730px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">5 Reasons to Keep Creating \u2014 or Even Create More \u2014 Content Now<\/h3>\n\n\n\n<ol><li><strong>The competition can outpace you.&nbsp;<\/strong>If you&#8217;re not creating content now and the competition is, you may never catch up. They will have weeks or months of content where you have none, which can help them perform better than you in SERPs and engage with consumers at a time when people are looking for entertainment, support or guidance from brands.<\/li><li><strong>You have time to invest in quality.&nbsp;<\/strong>Changes to projects or business priorities might mean you have time to invest in quality. And, as Miller pointed out, if you don&#8217;t personally have an opening your schedule, you may find qualified, experienced freelancers happy to provide high-quality content right now. It&#8217;s a time to stock up on editorial for the future.<\/li><li><strong>Content has long-term value and builds authority.&nbsp;<\/strong>When choosing what to spend marketing budget on in this season, consider what will provide long-term value. Advertising is short-term. Morgan Taylor, the CMO for&nbsp;<a href=\"https:\/\/letmebank.com\/\">LetMeBank<\/a>, points out that, &#8220;nobody wants to feel marketed to at this time. It can come off as tasteless if you directly market at a time like this, but that doesn&#8217;t mean we have stopped producing and using content.&#8221; Taylor recommends switching focus to content that&#8217;s informative and drives SEO and brand awareness.<\/li><li><strong>SEO takes time, and creating content ensures you don&#8217;t waste it.&nbsp;<\/strong>Since SEO takes time to build, Taylor&#8217;s recommendation is sound. Investing in more content during this time \u2014 when advertising might not be an option \u2014 puts you in a strong SEO position in the future.<\/li><li><strong>You can use it again later.&nbsp;<\/strong>Plus, all the content you create during this time can be reused in the future. You can pull components out for social media posts and<a href=\"https:\/\/www.crowdcontent.com\/blog\/2019\/08\/23\/content-repurposing-how-to-make-the-old-new-to-drive-seo\/\">&nbsp;repurpose content<\/a>&nbsp;for future posts, ebooks or white papers, providing additional value down the road (and reducing the cost and time associated with future content creation).<\/li><\/ol>\n\n\n\t\t<div class=\"ss-ctt-wrapper ss-ctt-style-4\" data-ss-post-id=\"27991\" data-nonce=\"f285974be7\">\n\n\t\t\t<a href=\"https:\/\/twitter.com\/intent\/tweet?text=Give+your+content+endless+life+through+repurposing+into+%23socialmedia+posts%2C+%23ebooks%2C+white+papers%2C+and+more%21+More+tips+here%3A&#038;url=https%3A%2F%2Fwww.crowdcontent.com%2Fblog%2Fwp-json%2Fwp%2Fv2%2Fposts%2F27991&#038;via=crowdcontent\" class=\"ss-ctt-tweet\" data-title=\"Click to Tweet\" rel=\"nofollow noopener\" target=\"_blank\">Pull components out for social media posts and repurpose content for future posts, ebooks or white papers, providing additional value down the road.<\/a>\n\n\t\t\t<a href=\"https:\/\/twitter.com\/intent\/tweet?text=Give+your+content+endless+life+through+repurposing+into+%23socialmedia+posts%2C+%23ebooks%2C+white+papers%2C+and+more%21+More+tips+here%3A&#038;url=https%3A%2F%2Fwww.crowdcontent.com%2Fblog%2Fwp-json%2Fwp%2Fv2%2Fposts%2F27991&#038;via=crowdcontent\" class=\"ss-ctt-link\" data-title=\"Click to Tweet\" rel=\"nofollow noopener\" target=\"_blank\">\n\t\t\t\t<span>Click to Tweet<\/span>\n\t\t\t\t<svg class=\"ss-svg-icon\" aria-hidden=\"true\" role=\"img\" focusable=\"false\" width=\"32\" height=\"32\" viewBox=\"0 0 24 24\"><path d=\"M18.244 2.25h3.308l-7.227 8.26 8.502 11.24H16.17l-5.214-6.817L4.99 21.75H1.68l7.73-8.835L1.254 2.25H8.08l4.713 6.231zm-1.161 17.52h1.833L7.084 4.126H5.117z\"><\/path><\/svg>\t\t\t<\/a>\n\n\t\t<\/div><!-- END .ss-ctt-wrapper -->\n\n\t\t\n\n\n<h2 class=\"wp-block-heading\"><strong>Measuring the Long-Term Value of Content<\/strong><\/h2>\n\n\n\n<p>Staying the course with your content budget during a time of uncertainty can be bold, and investing&nbsp;<em>more<\/em>&nbsp;in content even bolder. Whether you&#8217;re trying to ease your own concerns or get buy-in from clients, bosses or other stakeholders, you need a way to measure the value of content.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"730\" height=\"730\" src=\"https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/How-to-Measure-the-Value-of-Content-730x730.jpg\" alt=\"How to Measure the Value of Content\" class=\"wp-image-28015\" srcset=\"https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/How-to-Measure-the-Value-of-Content-730x730.jpg 730w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/How-to-Measure-the-Value-of-Content-320x320.jpg 320w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/How-to-Measure-the-Value-of-Content-768x768.jpg 768w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/How-to-Measure-the-Value-of-Content-620x620.jpg 620w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/How-to-Measure-the-Value-of-Content.jpg 1080w\" sizes=\"(max-width: 730px) 100vw, 730px\" \/><\/figure>\n\n\n\n<p>How you advocate for content depends on your business model. We reached out to business owners, marketing managers and others who are confident enough in their plans to hold steady or increase content right now. Here&#8217;s how they&#8217;re calculating the value of content.<\/p>\n\n\n\n<ul><li>Kevin Miller of The Word Counter uses Google Adsense revenue per post. It&#8217;s simple, available on his dashboard and lets him create projections of what his content is likely to earn in the future.<\/li><li>Morgan Taylor advises tracking the value of the customer over their life with you. A solid CRM system lets you gather this type of data; once you know what the average customer brings to your bottom line, you can calculate content value by how many customers it brings into your fold. And since content can keep bringing in new customers for months or years, that value can be big.<\/li><li>Jesse Nieminen of&nbsp;<a href=\"https:\/\/www.viima.com\/\">Viima<\/a>&nbsp;provides a formula for calculating the lifetime value of content: &#8220;Total number of inbound leads * conversion to paying customers * average lifetime value of customer &#8211; cost to convert traffic and deliver service.&#8221;<\/li><li>Meg Marrs also provides a formula, stating, &#8220;We try to calculate a value per visitor amount by dividing the revenue the page generated by monthly traffic to get a revenue per user number. So for example: $400 of revenue \/ 5,000 page views per month = .08 cents per user.&#8221; Marrs says this calculation lets them compare the revenue generation of various articles.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Time to Make a Decision. . .<\/h2>\n\n\n\n<p>Are you going to invest in the long-term value of content during this season like many of the businesses above? Steps for doing so include:<\/p>\n\n\n\n<ul><li>Figuring out how you calculate the value of your content<\/li><li>Understanding what your customers need during this time and how to serve that need with content that also provides long-term value (based on the metric above)<\/li><li>Getting buy-in from other stakeholders by showing them how much today&#8217;s content can do for the business in the future<\/li><li>Reaching out to internal teams or&nbsp;<a href=\"https:\/\/www.crowdcontent.com\/how-it-works\/\">qualified freelance writers<\/a>&nbsp;to create the kind of content that will have a lasting impact<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"730\" height=\"365\" src=\"https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/How-to-Invest-in-Long-Term-Value-of-Content-730x365.jpg\" alt=\"How to Invest in the Long-Term Value of Content\" class=\"wp-image-28024\" srcset=\"https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/How-to-Invest-in-Long-Term-Value-of-Content-730x365.jpg 730w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/How-to-Invest-in-Long-Term-Value-of-Content-320x160.jpg 320w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/How-to-Invest-in-Long-Term-Value-of-Content-768x384.jpg 768w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/How-to-Invest-in-Long-Term-Value-of-Content-620x310.jpg 620w, https:\/\/www.crowdcontent.com\/blog\/wp-content\/uploads\/sites\/16\/How-to-Invest-in-Long-Term-Value-of-Content.jpg 1024w\" sizes=\"(max-width: 730px) 100vw, 730px\" \/><\/figure>\n\n\n\n<p><strong>ALSO &#8211; <\/strong><a href=\"https:\/\/www.crowdcontent.com\/blog\/2020\/04\/22\/make-your-content-budget-go-further\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"5 Ways To Make Your Content Budget Go Further (opens in a new tab)\">5 Ways To Make Your Content Budget Go Further<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Albert Einstein said, &#8220;In the middle of difficulty lies opportunity.&#8221; He was encouraging others to face problems with the knowledge that they might find a way to resolve them or learn from the experience. Many businesses \u2014 online and off \u2014 are facing serious challenges in 2020, particularly given the impact that COVID-19 is having [&hellip;]<\/p>\n","protected":false},"author":283,"featured_media":29113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_stopmodifiedupdate":false,"_modified_date":"","footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Long-Term Value of Content and Why You Shouldn&#039;t Put Off Creating It in the Short -Term - Crowd Content - Blog<\/title>\n<meta name=\"description\" content=\"Creating content is one of the best investments a business can make. Find out why and ways you can maximize its long-term value in this post.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.crowdcontent.com\/blog\/content-marketing\/the-long-term-value-of-content-and-why-you-shouldnt-put-off-creating-it-in-the-short-term\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Long-Term Value of Content and Why You Shouldn&#039;t Put Off Creating It in the Short -Term - Crowd Content - Blog\" \/>\n<meta property=\"og:description\" content=\"Creating content is one of the best investments a business can make. 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