The Coca-Cola Company is prioritizing content more than ever in its marketing strategy as part of a new mission to move from “creative excellence to content excellence” through its Content 2020 Project in the U.K. The company defines content as “the creation of stories that are to be expressed through every possible connection.” For the Coca-Cola Company, “each story must have value and significance to people’s lives.”
The Coca-Cola Company views content as an opportunity to “create ideas that are so contagious, they cannot be controlled.” The company calls these ideas “liquid” and explains them as follows:
“[Liquid ideas] are so innately relevant to our business objectives, our brand, and consumer interests, we call this ‘linked’ and through the stories we tell, we will provoke conversations and earn a disproportionate share of popular culture.”
Using a Conversation Model, the Content 2020 Project starts with brand stories that become liquid ideas to which the company reacts. Leveraging technology, the Project is built on what the Coca-Cola Company refers to as a “demand culture where consumers can turn their demands on 24 hours a day.”
You can learn more about the Content 2020 Project in the two-part videos below.
Already, the Coca-Cola Company has launched a variety of content initiatives on Twitter, Facebook, videos, live online events, and blogs as part of the Content 2020 Project. With a goal to increase reliance on listening to consumers and engaging with them to gain deeper insights than traditional market research can provide, the Coca-Cola Company expects that the Project will enable it to create content that can be flexible and evolve with consumers’ demands.
What do you think of the Content 2020 Project? Leave a comment and share your thoughts on the Coca-Cola Company’s new strategic focus on content marketing.
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