{"id":4028,"date":"2019-10-10T00:00:00","date_gmt":"2019-10-10T07:00:00","guid":{"rendered":"http:\/\/powerdigitalmarketing.com\/blog\/the-value-of-user-generated-content\/"},"modified":"2019-10-10T00:00:00","modified_gmt":"2019-10-10T07:00:00","slug":"the-value-of-user-generated-content","status":"publish","type":"post","link":"https:\/\/powerdigitalmarketing.com\/blog\/the-value-of-user-generated-content\/","title":{"rendered":"The Value of User-Generated Content"},"content":{"rendered":"
Today, anyone who has a smartphone can be a content creator. And in recent years, many average Joes have started to cash in on the courtesy of user-generated content on social media.<\/span><\/p>\n What exactly is user-generated content? How is it different from influencer content? And most importantly, how can you leverage \u201cUGC\u201d in your <\/span>social media marketing<\/span><\/a> strategy to<\/span> boost your company\u2019s brand awareness and, by extension, your bottom line? Read on for answers to all your UGC FAQ\u2019s.<\/span><\/p>\n UGC is any content that has the potential to ignite and\/or drive an online conversation\u2014that was created by someone who:<\/span><\/p>\n This compensation aspect is what differentiates UGC from any <\/span>type of influencer<\/span><\/a> and paid blogger, both of whom have arrangements with major brands that entail them endorsing the brand in exchange for cash payments or free merchandise.<\/span><\/p>\n UGC typically comes in the following varieties:<\/span><\/p>\n Regardless of what form it takes, all UGC falls into one of two categories:<\/span><\/p>\n Several trends among marketers and consumers alike have evolved in a way that has opened the floodgates for UGC to shine.\u00a0<\/span><\/p>\n The most influential factors for UGC\u2019s rapid ascension include:<\/span><\/p>\n With the vast majority of consumers today no longer even registering online ad messages let alone making purchase decisions inspired by them, advertisers have been forced to find new, creative ways to reach audiences.\u00a0<\/span><\/p>\n But the full transparency that social media allows has exposed the fact that the Kardashians and \u201chey, what\u2019s up, guys?! Some 20-year-old here to tell you about the swag that a brand just sent me for free\u201d of the world are far removed from reality.\u00a0<\/span><\/p>\n As a result, we\u2019re beginning to care much less about what the rich and famous have to say and find ourselves craving content from normal middle-class people like us that we can actually relate to. In fact, a <\/span>recent study<\/span><\/a> reveals that 60% of consumers made a purchasing decision based on content sent to them by a family member or close friend, whereas only 23% were inspired by celebrity or influencer content to make a purchase.<\/span><\/p>\n The proverbial stars aligned for UGC to make a splash in the world of <\/span>social media marketing<\/span><\/a>. And market research shows that it hasn\u2019t just made a splash\u2014it’s initiated a tidal wave.<\/span><\/p>\n What makes UGC such a bankable advertising strategy? Let us count the ways:<\/span><\/p>\n Because UGC is created without the user expecting anything in return, consumers are much more willing to trust it. And apparently, when consumers can trust that content is authentic and free of ulterior motives, it plays an enormous role in their purchasing decisions.<\/span><\/p>\n Just how big of a role? Multiple studies reveal the following mind-blowing statistics about the correlation between authenticity and consumers\u2019 purchasing behavior:<\/span><\/p>\n The social proof that UGC provides lends itself to not only short-term purchasing decisions but also long-term brand loyalty. The inherent genuineness of UGC enables you to give consumers a refreshing look behind the curtain at what your company is all about, and how you\u2019ve succeeded in being the perfect solution for customers\u2019 pain points.<\/span><\/p>\n It\u2019s simple: the authenticity of UGC gives you a markedly better chance of attracting consumers\u2019 attention. And the mere feat of getting their attention automatically puts you in a better position to make customers out of them and, more importantly, compel them to talk about your brand to their friends.<\/span><\/p>\n Multiple studies show that UGC is just as effective at making a first impression as it is at sealing the deal. Check out these telling stats:<\/span><\/p>\n In addition to generating remarkable results, UGC is also extremely cost-effective. When users\u2014none of whom are paid employees on your staff\u2014create content, they\u2019re doing the lion\u2019s share of the advertising legwork for you. For free.<\/span><\/p>\n The same cost of producing a standard video advertisement in-house can get you dozens, perhaps even hundreds of UGC ads.<\/span><\/p>\n Every day, advertisers are dreaming up fresh new ways to capitalize on UGC.\u00a0<\/span><\/p>\n Here are three strategies that continually prove to be winners:<\/span><\/p>\n Another recent study<\/span><\/a> indicated that 86% of consumers consider checking out reviews to be an essential aspect of the purchasing process, and that accompanying product pages with reviews leads to an increase of:\u00a0<\/span><\/p>\n Several brands are taking advantage of this tremendous lift potential by showcasing user reviews on their website landing pages.<\/span><\/p>\n Video marketing<\/span><\/a> is an undefeated form of advertising, as videos deliver messages to consumers in the fastest way possible while telling a full, layered story in a way that photos and text simply can\u2019t replicate.\u00a0<\/span><\/p>\n In the UGC arena, two types of videos have separated themselves from the pack:<\/span><\/p>\n Highly anticipated events present a prime opportunity for UGC marketing based on the sheer fact that thousands of people attend them.<\/span><\/p>\n Initiating a successful event marketing campaign is a simple process:<\/span><\/p>\n UGC presents advertisers with the ultimate win-win: it\u2019s cheap to obtain and works like a charm. Follow the above guidelines for a UGC-based advertising campaign that earns consumers\u2019 attention, trust, and most importantly, loyalty.<\/span><\/p>\n Resources:<\/b><\/p>\n 1) \u201cUser-Generated Content for Marketing and Advertising\u201d by David Elkins and Clay Webster<\/span><\/p>\n https:\/\/www.iab.com\/insights\/user-generated-content-for-marketing-and-advertising-purposes\/<\/span><\/a><\/p>\n 2) \u201c21 Stats That Prove Your Brand Needs More User-Generated Content\u201d by Austen, contributing writer for Social Toaster<\/span><\/p>\nWhat is UGC?<\/span><\/h2>\n
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What Are Some Common Examples of UGC?<\/span><\/h2>\n
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Why UGC is Currently All the Rage<\/span><\/h2>\n
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Why UGC Has Been Able to Capitalize on the Opportunity<\/span><\/h2>\n
Trust<\/span><\/h3>\n
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Conversion Rates<\/span><\/h3>\n
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Cost-Effectiveness<\/span><\/h3>\n
How to Incorporate UGC Into Your Social Media Advertising Campaign<\/span><\/h2>\n
User Reviews on Websites<\/span><\/h3>\n
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Video Ads<\/span><\/h3>\n
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Event Marketing<\/span><\/h3>\n
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Conclusion<\/span><\/h2>\n