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Branded Entertainment ROI: Measuring Impact and Success

19/08/2024
Brand Entertainment Studio
Montreal, Canada
50
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The team at THEUN KNOWN on tools and techniques for quantifying the ROI of your branded entertainment campaigns

Discover the tools and techniques for quantifying the ROI of your branded entertainment campaigns.

In the ever-evolving landscape of marketing, the quest for ROI is unceasing. But when it comes to branded entertainment, measuring success isn't just about numbers; it's about capturing the essence of engagement and impact. In this article, we will unveil the metrics and methodologies that allow you to measure the ROI of your branded content campaigns effectively. Beyond the Clicks and Views: In the world of branded entertainment, success isn't solely defined by clicks and views. It's about creating memorable experiences that resonate with your audience. While traditional marketing metrics still matter, measuring branded content impact requires a more holistic approach.

Key Metrics for Branded Entertainment ROI:

  • Engagement Rate: Track how actively your audience interacts with your branded content. This includes likes, comments, shares, and other forms of engagement on social media platforms.
  • Audience Retention: Analyse how long viewers engage with your content. A high retention rate indicates that your content is holding your audience's attention.
  • Brand Lift: Measure changes in brand perception and awareness before and after the campaign. Tools like surveys and focus groups can provide valuable insights.
  • Conversion Rate: Monitor how well your branded content drives desired actions, such as signing up for newsletters, making purchases, or downloading resources.
  • Social Listening: Use social listening tools to gauge sentiment around your brand and campaign. Positive sentiment can indicate a successful impact.
  • The Role of Data Analytics: Data analytics is your ally in measuring the impact of branded entertainment. By leveraging the power of data, you can gain deeper insights into how your audience interacts with your content. It's not just about collecting data; it's about extracting actionable insights.

Real-Life Success Stories

Get inspired by brands that have transformed their marketing strategies into captivating entertainment experiences.

Let's dive into the real world and explore brands that have not only embraced branded entertainment but have also reaped the rewards. These stories serve as proof that the right branded content strategy can lead to remarkable success.

1. Red Bull: Soaring to New Heights: Red Bull's "Stratos" campaign pushed the boundaries of branded entertainment. By sponsoring Felix Baumgartner's record-breaking freefall from the edge of space, Red Bull created a thrilling narrative that resonated with millions. The result? Sky-high brand awareness and a lasting impact on audiences worldwide.

2. GoPro: Turning Customers into Content Creators: GoPro has mastered user-generated content. By encouraging customers to share their adventures captured on GoPro cameras, the company turned everyday users into brand ambassadors. The result? Authentic, captivating content that showcases the brand's product while engaging its audience.

3. Dove: Redefining Beauty Standards: Dove's "Real Beauty" campaign challenged conventional beauty standards. Through emotionally charged content, Dove encouraged women to embrace their natural beauty. The result? A profound impact on women's self-esteem and a stronger brand connection.

4. Airbnb: Transforming Destinations into Adventures: Airbnb's "A Night at..." series transformed destinations into magical adventures. By offering unique experiences, they not only promoted travel but also created a sense of belonging. The result? Increased bookings and a community of loyal travellers.

5. Nike: Inspiring Athletes Worldwide: Nike's "Just Do It" campaign is iconic in the world of branded entertainment. Through powerful storytelling, they've inspired athletes of all levels to push their limits. The result? A brand that is synonymous with determination and excellence.

6. LEGO: Building Imagination: LEGO's success with branded entertainment lies in their ability to create immersive stories that align with their product. The LEGO Movie franchise is a testament to their success, with engaging narratives that showcase their bricks' endless possibilities.

7. Coca-Cola: Spreading Happiness: Coca-Cola's "Share a Coke" campaign turned a simple product into a personal experience. By putting people's names on their bottles, they encouraged connections and shared moments, making Coca-Cola more than just a beverage.

8. Old Spice: A Fresh Take on Advertising: Old Spice revamped its image from outdated to hip through humorous and bizarre commercials. Their "The Man Your Man Could Smell Like" campaign became a viral sensation, proving that humour can be a powerful marketing tool.

These brands have embraced branded entertainment, measured their impact through a range of metrics, and emerged as true success stories. They demonstrate that when executed effectively, branded content can not only engage but also leave a lasting impression on audiences.

In the fast-paced world of marketing and advertising, capturing and retaining the attention of consumers is an ever-evolving challenge. Traditional advertising methods, while effective in their own right, are facing increasing scepticism and ad-blockers. To navigate this changing landscape, brands are turning to a powerful fusion of advertising and entertainment—Branded Entertainment.

Measuring the ROI of branded entertainment goes beyond traditional metrics. It requires a multifaceted approach that considers engagement, retention, brand lift, conversion, and sentiment. Real-life success stories from brands like Red Bull, GoPro, Dove, and Airbnb prove that the impact of branded content can be transformational.

Ready to measure your branded content's impact? Let’s talk!

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