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- The foundations of digital marketing
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start with taking a look at the three types of media
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that you'll leverage in your marketing efforts:
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paid, owned, and earned.
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I'll break these down for you.
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When we talk about paid media,
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this is everything that you, well, pay for.
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And this includes channels like pay per click ads,
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affiliate marketing, and display marketing.
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Owned media will encompass channels
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that you directly control, like your website,
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the list of customers that you use to send out emails,
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and even a blog that you host.
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Earned media is the world of organic mentions,
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posts by others on social media, mentions in videos,
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and even articles written about you.
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Now, all of these channels can overlap.
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Social media, for example,
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can be a paid channel if you're promoting your content,
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an owned channel if you're publishing a post,
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and an earned channel
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if you're receiving interactions and mentions from others.
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Together, these make up the foundation of digital marketing.
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And while these media types
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also exist in non-digital marketing,
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we gain a huge advantage in the digital space,
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personalization.
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Imagine you're selling mattresses.
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If you used paid media in a traditional sense,
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you might put an ad in the local newspaper.
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And it's possible that someone reading the paper
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needs a new mattress, but most aren't shopping for it.
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So you'll run this ad for a long time,
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and it's rather inefficient.
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Most eyes that land on that ad,
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the eyes that you're paying for, are uninterested.
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In digital marketing, you can identify people
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who are actively shopping for a mattress right now.
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You can pay to deliver an ad specifically to them.
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And this is an incredibly efficient advertisement.
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Now, there's always exceptions in marketing,
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but for the most part,
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as you evaluate where to market digitally,
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you'll be evaluating how to distribute your message
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across all three of these marketing channels.
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