Those Are The Rules
Have you ever heard the phrase “You gotta pay to play?” Well, if you haven’t, essentially what it means is you have to literally pay in order to play a game- think an arcade. Well, the phrase is also used as a metaphor for competition that isn’t in the form of a game, but business. Meaning, it is commonly used in social media, especially as it refers to advertising. Karen Freberg, author of “Social Media for Strategic Communication,” lists four types of content media. You may have heard of them, but without the technical term. They are: paid, earned, shared and owned media. Paid media tends to be paid advertising. This could be a post, video or campaign that a brand paid for you to see in your social media feed or on YouTube. Earned media on the other hand is the reach you obtain through people (customers or influencers) talking about your brand with their audience. This can be integrated with paid media through use of influencers. Shared media is just that- media that is reshared