For this research, Accenture Interactive surveyed more than 1,000 global executives responsible for content within their organizations, seeking their insights about the evolving content environment.
Since Accenture’s first annual State of Content report last year, the percentage of companies producing large amounts of content has doubled. On average, organizations are creating over one million digital content assets a year. As content volume increases, a layer of complexity is also increasing with the introduction of new distribution channels. This explosion of new content channels has disrupted every industry, however only 24 percent of organizations feel ready to activate new distribution points.
High-performing companies are transforming themselves into content-driven organizations to address this transforming landscape and to truly own their organization’s voice by bringing talent in-house to manage and create content. The study finds 76 percent of companies are leveraging in-house talent to create content in the next two years, with survey respondents citing a lack of in-house talent as the top barrier to their ability to create quality content.
“Content has the potential to become the ‘great limiter’ for many organizations as they struggle to maintain quality while managing the tidal wave of content, and reducing increased complexity plus associated costs,” said Donna Tuths, global digital content lead at Accenture Interactive. “There is no sign of demand slowing down and new channels and technology will continue to disrupt the industry. There is now a clear need for organizations to ‘get real’ and gain control of their content strategy and in order to become truly a content-first organization, both inside and out.”
Accenture Content Connections 2017
Today, an organization’s audience is connected primarily through their exposure to the content they share – it is the personality, identity and voice of an organization. However, research shows a misalignment between the perceived goals of content versus current realities.
- Eighty-four percent affirmed the importance of content in shaping the brand experience
- Seventy-eight percent believe that content must clearly convey everything they want external audiences to know about their company
- Forty percent of executives responsible for content at their organization report that they clearly understand the goals for their content
- Twenty-nine percent agree that the content they produce is consistent in style and tone across channels
- Less than a third believe their content reflects their company’s core values
The Changing Landscape of Content Distribution
The digital environment is radically decentralized, and new platforms regularly displace incumbents. Relatively new and popular channels like Snapchat and Facebook Live are creating a variety of ways for organizations to reach consumers – although many content managers are not prepared to explore these new distribution channels.
- Eighty percent believe it is necessary to acheive mastery of new platforms
- Thirty-five percent are looking to invest more in content creation rather than paying to place their content
- Nearly three-quarters of organizations invest the majority of their budgets ($100-250M), up to 70 percent, on paid placement
- Sixty-five percent of high-performing companies are working toward integrated plans that balance investments in content production with smart distribution approaches that activate a range of channels, both free (e.g., social media) and costly (e.g., network television)
For the second annual survey titled, “You are Your Content,” Accenture Interactive surveyed 1,082 senior leaders among digital, media and communications from Argentina, Australia, Brazil, Canada, China, France, Germany, Italy, Japan, Singapore, South Korea, Spain, United States, United Kingdom and from the following industries: Automotive, Banking, Capital Markets, Chemicals, Consumer Packaged Goods, Electronic and High Tech, Health Payers, Health Providers, Life Insurance, Life Sciences/Medical Products, Media and Entertainment, Pharmaceutical/Biotech, Property & Casualty Insurance, Retail, Technology, Telecommunication, Transportation and Travel, and Utilities. The survey was fielded in July 2016.
Accenture (NYSE: ACN) is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With more than 394,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.
Accenture Interactive, part of Accenture Digital, helps the world’s leading brands drive superior marketing performance across the full multichannel customer experience. Accenture Interactive offers integrated, industrialized and industry-driven digital transformation and marketing solutions. It was named the world’s largest and fastest-growing digital agency in the latest Ad Age Agency Report. To learn more follow us @accenturesocial and visit www.accenture.com/interactive.
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