Anyone working in digital marketing or for an advertising agency will use the words Paid Media, Owned Media, and Earned Media. But is Owned Media
really Owned Media?
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| PEO Model - should Loaned Media be part of the mix? |
I was reading an old
Forrester blog post last week on Paid, Earned and Owned Media, and the author split Owned Media into 'fully-Owned Media' (your website, your blog) and 'partially-Owned Media (your Facebook fan page, your Twitter account etc).
Owned Media is essentially something you
control as a person or as a brand. I would argue that much of Owned Media is actually
Loaned Media. Most blogs are powered by Blogger or Wordpress. If either of those platforms makes a significant change or ceases to exist, your blog will be affected. Thus, you don't control it. Same with Facebook or Twitter or other 'Owned Media' platforms.
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| Loaned Media - the new model? |
Therefore you don't control those platforms outright, you simply control the parts that are loaned to you. Go on, throw Loaned Media into the mix, you know it makes sense.
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