What are two advantages of building a content strategy for your company that balances brand and demand?
- Generating an immediate and trackable response
- Achieving greater ability to set prices
- Driving long-term growth and profit
Explanation:
Building a content strategy for a company that balances brand and demand offers two significant advantages. Firstly, it allows for driving long-term growth and profit. By focusing not only on short-term sales but also on cultivating brand awareness, loyalty, and authority, a balanced content strategy contributes to sustained business success over time. By consistently delivering valuable, relevant content that resonates with the audience, companies can foster stronger relationships with customers, increase brand recognition, and position themselves as industry leaders, ultimately driving long-term growth and profitability. Additionally, balancing brand and demand in a content strategy provides the advantage of achieving a greater ability to set product prices. Establishing a strong brand presence and cultivating customer loyalty through engaging content can enhance the perceived value of products or services, allowing companies to command premium prices and maintain profitability in competitive markets. Therefore, the selected answer accurately identifies two key advantages of adopting a content strategy that balances brand-building and demand generation, emphasizing the importance of long-term growth and profit and the ability to set favorable product prices in driving business success.