Over the past decade, the media landscape has evolved to deliver both less and more. This might seem like an oxymoron, but it can be broken down like this: with the rise of digital platforms like Instagram and TikTok, and the universal impact of Covid-19 accelerating the shift to online content consumption, we now have more channels to tell our stories through. However, these channels skew towards the need for shorter pieces of content.
With evolution of these new media, fed on the finite advertising budgets which had sustained the traditional media and the changing the media consumption of audiences, we are seeing less of the traditional print and broadcast media.
Yet despite reports of its decline, print media – benefiting from lower production costs – has evolved to meet new demands and audiences. We are now served by more specialist magazines targeting specific areas relevant to luxury than ever before.
As the media continues to change at a rapid rate, so should your communications strategy. The good news is that you now have more outlets than ever to tell your brand stories. However, as quickly as trend-driven platforms like TikTok and Instagram rise, the news cycle changes just as rapidly and it’s imperative to make sure you’re telling your brand story to the right audiences at the right time.
Although brands are undoubtedly doing things worth talking about, we often see brands wanting their story featured in a specific media outlet or platform without providing all the necessary information to achieve the desired outcome. It’s a minefield, but its one worth investing time and consideration in. Identifying which media is right for your brand requires a comprehensive understanding of the media landscape. If you don’t have a PR agency or professional to help guide you when you're looking to land your story in the media, here are a few factors I would suggest brands need to consider:
Print media, with its timeless appeal and perceived prestige, can lend a sense of authenticity and permanence to a brand’s message. Luxury brands benefit from the high-quality visuals and in-depth storytelling that print publications offer, often reaching a discerning audience who values the tactile experience. The curated nature of prestigious print publications means that luxury brands can precisely target a discerning audience which values and seeks out premium products. This selective readership often includes high-net-worth individuals who are more likely to invest in luxury goods. In an era dominated by digital content, print media offers luxury brands a timeless and impactful platform to convey their heritage, craftsmanship, and exclusivity.
On the other hand, online and social media offer immediacy, interactivity, and a broad reach that print media cannot match – not to mention these platforms often also offer global visibility. Online media allows for quick updates, multimedia content and targeted advertising, making it easier for you to measure and optimise your campaigns.
Platforms like Instagram and TikTok are particularly powerful due to their visual nature and large user bases. These platforms enable real-time engagement, influencer partnerships and user-generated content, creating a dynamic dialogue with consumers.
Podcasts are also a great way to tell your brand story to a highly engaged audience.
Luxury brands should consider a balanced approach, leveraging the credibility and depth of print media while also harnessing the speed, reach, and interactive potential of online and social media to effectively communicate their story across multiple channels.
Don’t follow the pack. Sometimes it’s easy to lose sight of what your overarching objectives are when you see competitor brands investing in platforms you may not have considered. As a luxury brand, quality is of the utmost importance and this applies to the platforms you invest in too.
If your budgets are stretched, that’s okay – you don’t need significant budgets to tell your story. What you do need is to know exactly who you want to speak to, how you can reach them, and then craft your stories in an authentic way. This strategic focus helps differentiate your brand in a competitive landscape, fostering a more meaningful connection with your audience.
Understand the nuances of each channel. Whether it’s print, online or social media, they work to different timelines and have different sections depending on the platform, giving you the best chance to tell each distinct story. It’s imperative that you understand the unique characteristics and strengths of each medium, analysing audience preferences and behaviours, and aligning media strategies with your overarching objectives.
Luxury consumers are discerning and selective, often gravitating towards high-end publications and platforms that align with their aspirations and lifestyle. By knowing the demographics, interests, and media consumption habits of these audiences, luxury brands can tailor their messages to resonate deeply with potential customers, ensuring that their content is seen in the appropriate context.
A key thing to remember is that you’re not the only brand trying to tell a story. Journalists are time-poor, so you don’t want to waste their time. Historically, journalists were sector specific and, while they still exist today, more than ever in the luxury sector, journalists are covering a range of topics. Do your research and make sure you’re approaching them with all the information they need.
It’s not the size of the audience, but their influence and spending power. Specialist magazines (also referred to in the industry as 'niche publications') may not have a large audience, but they do have a targeted one. Don’t always get caught up on the amount of people you are reaching with your story. Instead, think about who you want to target and what media they consume. Potentially, it's those niche publications that cover specific, industry-lead content reaching an up-market group of readers that are more valuable in amplifying the resonation of your brand.
In the world of social media, it’s easy to get swept up in having to have your product in the hands of the latest social media talent. Social media’s power and ability to communicate a brand and its products is undeniable, but it doesn’t mean you need to be doing it all the time. If you’re going to invest in working with talent across social media, then you need to be willing to pull back the curtain and be real. Remember: social media is a community and people want to be associated with a brand and be part of the conversation, so you need to be willing to be part of it too. Working with creators collaboratively brings a personal touch to your comms, crafting content that resonates more deeply with their followers compared to traditional advertising.
Furthermore, social media campaigns often enjoy higher engagement rates due to their interactive nature, allowing brands to foster a two-way dialogue with consumers. This engagement is further amplified by the creators' ability to produce compelling, creative content that aligns with current trends and audience preferences. Much like online media, the measurable nature of social media provides brands with valuable analytics to assess campaign performance, refine strategies, and achieve better ROI.
There are four levels to social media that we guide our clients by to help identify the best approach for their campaigns:
In summary, the diverse array of media options available today offers an opportunity to tailor media specific goals you set out to achieve through your PR and communications strategy. If you want to reach a wide audience and see tangible results, securing online media coverage and partnerships will be crucial. To build on your brands community and voice of authority using social media, partnering and leveraging the right creator’s audience that aligns with your brand values and the message you want to convey will achieve this over time. Traditional print and OOH methods will always be important for luxury brands to consider for advertising, but think beyond the traditional and don’t be afraid to get creative.
> If you would like to find out more about ANM could help boost your brand through strategy and storytelling, visit anmcomms.com