Why the investment industry is crying out for content marketing
Robin Powell gravatar avitar

Why the investment industry is crying out for content marketing

Author: Robin Powell | Posted on: 27 August 2013

On the face of it, content marketing has finally caught on. Around the world, nine out of ten companies now use content as part of their marketing strategy.

But that only tells part of the story. The fact is that most businesses are not doing enough of it to be making a significant impact; and many of those that are have been putting out content that is, frankly, not very good. As one content expert recently put it, most business content is "self-serving, not useful and... pointless".

dry desert

© Hannes Grobe / Wikimedia Commons / CC-BY-SA-2.5

Perhaps the most striking thing, though, is that it's precisely those companies with the most to gain from content marketing which are least likely to be doing it well - if at all.

A classic example is the investment and personal finance industry. Here is a sector that is crying out for high-quality content for several reasons:

Lack of trust

Recent scandals have undermined public confidence in the financial world. Engaging with customers through content is a proven way of building trust - and counteracting all the negative news and comment about the sector in the traditional media and online.

Complexity

Investing is a complex business, or at least it can appear so to the layman. Video in particular is a very effective way of conveying complex information in an accessible manner.

Perception as dull

Let's face it, personal finance is not the most exciting of subjects. Investors are deluged with printed material that more often than not goes unread. They're far more likely to engage with visual content such as videos and infographics.

Limited differentiation

Perhaps the biggest challenge facing financial advisers, fund managers and so on is that there are so many of them, offering - from the customer's point of view - pretty much the same thing. Content marketing can help companies stand out from that sea of sameness and to deliver a distinctive message.

Two volcanoes, one erupting

© Taro Taylor / Wikimedia Commons / CC-BY-2.0

One of Ember Television's biggest recent projects has been SensibleInvesting.TV (SITV), a not-for-profit website that aims to help ordinary investors make better-informed decisions. In just a few months we've built a large and loyal following on YouTube, LinkedIn, Twitter and Facebook, and the positive response we've had has taken even us by surprise.

So why has it been so successful? I'd suggest there are four main reasons:

1. Quality content

Quality Investors - particularly of the high-net-worth variety - often have substantial sums to invest. They demand quality. Every video we produce for SITV is thoroughly researched, carefully scripted and produced to a high technical standard.

2. A disruptive message

Although independent, SITV has a definite stance: it favours low-cost, long-term investing over paying high charges to active fund managers to buy and sell shares for us. That's just the sort of disruptive message, challenging the status quo, which is made for content marketing. Even if people don't like (or, more to the point, feel threatened by) the videos we make, at least they're talking about them!

3. An integrated approach

The most successful content marketing strategies are integrated. Although SITV's strategy is video-centric, just as important as the videos themselves is the wrap-around social marketing we also provide - blogging, micro-blogging, commenting and interacting.

4. Limited competition

One of the main reasons why SITV has caught on so quickly has been the sheer dearth of alternatives. True, there are excellent blogs out there - Abnormal Returns and Monevator are among my personal favourites - and I love the diagrammatic approach favoured by Behavior Gap. But quality video content in particular is notable by its absence.

Of course, we wouldn't be too disappointed if SensibleInvesting.TV continues to face such limited rivalry. But with so much to gain from quality content marketing, I can see plenty of other financial sector companies seeking to reap the benefits of it very soon.


Author: Robin Powell

Robin Powell gravatar avitar
Robin worked for many years as a television journalist with ITV, Sky and the BBC. He is the founder of Ember Regis Group and heads up Regis Media, a niche provider of content marketing for financial advice firms. He blogs as The Evidence-Based Investor and also works as a consultant to disruptive companies in the financial services sector. https://www.linkedin.com/profile/view?id=45830333&snapshotID=&authType=name&authToken=6sSD&ref=NUS&trk=NUS-body-member-name https://twitter.com/ember_robin https://plus.google.com/114307932267328112195/posts
Why the investment industry is crying out for content marketing

More content for fiduciary businesses

...

Sensible Investing TV

Clear, concise and impartial information for investors

...

Market Pricing: Evidence-based Investing Insights Part 1

The first in a series of videos on how to invest with confidence based on evidence, not emotion

...

Attract and retain: how financial advisers can benefit from content marketing

An extract from our upcoming eBook, Attract and Retain: A Content Marketing Guide for Growing Fiduciary Businesses

...

Research shows potential of content marketing in financial services: 5 key facts

The financial services stand to make big gains from using content marketing, studies show