How to Boost Earned Media Value for Better Marketing ROI

 

In today’s competitive marketing world, maximizing your return on investment (ROI) is crucial, and one of the best ways to do that is by boosting your Earned Media Value (EMV). But you might be wondering, what is earned media value, and why is it so important for your marketing strategy? Let’s break it down, explore how to calculate it, and discuss how you can increase it—especially when influencer marketing is involved.

What Is Earned Media Value?

Earned Media Value (EMV) means the value of media exposure that is actually earned through organic and unpaid means such as media mentions, sharing, reviews, or news coverage, all of which help in bolstering the brand's credibility.Unlike paid media, like ads, or owned media, like your website or social media, earned media comes from third parties—meaning it’s more authentic and often carries more weight with consumers.

Consider it this way. Your post was shared by someone on Instagram. There is a writer for an article from a magazine who has written wonderful things about your brand. That is known as earned media. Unpaid media! Paid ads have nothing on it.

How to Calculate Earned Media Value

The moment you are given an introduction to the meaning of EMV, you are probably already thinking of "what is the way to calculate EMV?" it is not as difficult as you think. Let's go through the actual process. 

• Track Your Media Mentions: What you need to do now is record every mention your brand gets on the press, social media, or influencer posts, or reviews. Even better, use BuzzSumo or Meltwater to track that.
• Assign a Monetary Value: After identifying your media mentions, the next step is to place value on them. This is usually a guess as to the amount of money one would have to spend to get the same exposure in paid media. For example, what would it cost if your brand is mentioned by an influencer in their post as a sponsored post?
• Include Engagement: Next, look at how much engagement you're getting with your mentions or posts. The more likes, shares, comments, and retweets, the higher the EMV. Multiply the engagement by a cost-per-engagement metric to calculate the value.
• Reach and Impressions: How many people have seen the mention? The wider the reach, the higher the EMV. So, entailing both immediate reach and then anything with a longer tail like viral mentions. 

You may also like:  Engagement Rate vs. Reach: What Drives Real Results?

The equation is simple: 

EMV= (Media Reach x Cost per Thousand Impressions) + (Engagements x Cost per Engagement). EMV is equal to (Media Reach x Cost per Thousand Impressions) + (Engagements x Cost per Engagement).

What Is a Good Earned Media Value?

What is a good earned media value really depends on what industry you are in and what marketing goal you are trying to achieve. A good approximation is aiming for 5:1; meaning if you spend $1 on that activity, your EMV should be at least $5. For example, if you spend $1,000 on an influencer campaign, EMV should aim for $5,000 and up in this case. But perfection is not some goal you should be striving for; rather, look to improve EMV over time.

You will have different results in different sectors. For example, trends in fashion and beauty produce higher EMVs because their products are visual in nature, and social media influencers play a big role. In contrast, the B2B sector will score pretty low EMV because their earned media could be through white papers, case studies, and detailed articles, which may not always generate as much social buzz.

Earned Media Value Influencer Marketing

Influencer marketing significantly uplifts EMV. There is a ton of unpaid exposure, credibility, and engagement when the influencer negotiations are successful. 

1. Find the Right Influencers

Picking the right influencers should come first; this is not just about followers but rather about whether the influencers can communicate to your target audience. For instance, micro-influencers typically have smaller but far more engaged followings, which may lead to higher EMV when collaborating with them compared to macro-influencer collaborations.

Before signing an influencer, check for the following:

• Their audience matches your brand's target demographic.
• High engagement rates. Having an audience that is smaller but more active is way more valuable than a bigger but less engaged one.
• The collaboration seems authentic. The consumers have a sharp eye to tell a partnership that is forced or seems fake. Such a scenario can harm EMV. 

2. Monitor Mentions and Engagement

Once you finish working with an influencer, keep track of how many times your brand is mentioned and how much engagement every post received. Look at the comments, likes, and shares, as this will help you gauge how valuable the earned media is.

Remember that it is not just about immediate exposure. Influencers' content has the potential to evoke engagement that lasts well beyond the campaign's termination, and measuring those long-term effects should be your priority.

3. Focus on UGC

Another way to increase the earned media value through influencers is by encouraging user-generated content. Extra credibility comes when an influencer or their followers create content in which your brand is featured. UGC is likely to perform even better since people tend to trust peer recommendations rather than branded content. The virality of this type of content is another added bonus in terms of acquired exposure and EMV. 

4. Sustainable Relationships

Instead of creating one-off campaigns, build long-term relationships with influencers. These continuous partnerships create constant media mentions and provide constant visibility for long-term enhancement of your EMV.

Essential Read: Influencer Marketing Checklist: Key for a Successful Campaign

How to Boost Your Earned Media Value

With a clear knowledge of EMV and its workings, let us now discuss a few actionable ways to improve it. These tips will help you master earned media value through media mentions and increase your overall marketing ROI.

1. Create Shareable Content

The more shareable your content is, the greater the likelihood of it being noticed and spread around. Be it a giggle-a-minute meme, an informative blog post, or a viral video, any content created that resonates with the audience is key to boosting earned media. People are likely to share what they consider valuable or entertaining, and that helps ogle your EMV.

2. Engage the Audience

Keep the conversation going—do not leave them after one post. Respond to comments, ask questions, and share content generated by users. The more you engage, the higher the possibility of your followers sharing your content, thus boosting your earned media value. 

3. Run Contests or Giveaways

Contests and giveaways provide an excellent opportunity for people to share your content! Think of a giveaway where the prize is social sharing, mentions, or tags—let the battle of EMV begin! Everybody loves free stuff, and they'll help you spread the word for a shot at winning!

4. Public Relations

Public relations is another brilliant practice for earned media. You can just pitch your story to journalists or bloggers if you think you have something newsworthy within to tell. Positive press coverage may drive some serious earned media value. Just ensure that your story is good and relevant to the audience of that outlet.

5. Exploit Social Proof

People will always listen to what other people say rather than whatever any brand has to say. As positive customers' reviews, testimonials, and influencer endorsements surround your brand, the more people are influenced to talk about them that closely, thus maximizing EMV.

Conclusion

Earned Media Value is one of the most powerful metrics in marketing, especially when it comes to maximizing your ROI. By understanding what EMV is, how to calculate it, and the strategies you can use to boost it, you can significantly improve the impact of your marketing campaigns.

Influencer marketing plays a key role in increasing EMV, but whether you’re working with influencers, running a PR campaign, or simply engaging with your audience, the goal is the same: increase exposure and credibility for your brand—without having to pay for it directly.

So, get creative, build relationships, and keep track of your earned media. Over time, you’ll see your EMV grow, leading to better marketing results and stronger brand success.

This content was created by AI