Design and implement a content governance system to increase ROI

Content is the core of customer experience. A company’s product or service can be phenomenal, but if the enterprise content — marketing, messaging, customer service communications, product documentation or even brand voice and style — is poorly written or unfocused, you’ll have a difficult time attracting and retaining customers.

That’s where content governance comes in. It involves taking a systematic approach to measuring your current content’s status and actively guiding content creation to achieve your stated goals, such as increasing sign-ups for a newsletter or increasing conversion rates. Content governance systems take the key elements of a style guide and content strategy and turn them into even more thorough, usable and holistic frameworks for your entire company. It goes beyond strategy, using AI and NLP to generate actionable advice on how to improve content.

The biggest benefit of this is content that establishes trust. The more businesses can retain quality in their support content, the more likely customers are to trust the solutions provided.

Choose metrics that matter

Your company is already likely using vanity metrics, like open rates, shares and time spent on a page, to measure how well your content seems to be performing. But how does that translate into a return on investment (ROI)?

For example, vanity metrics might indicate that a landing page is performing badly, but they won’t tell you why. You can see that a page has high bounce and exit rates and that customers click away from it quickly, yet there’s no indication of the reasoning behind those metrics.

The truth is: vanity metrics don’t measure how engaged potential customers are; they simply gauge the relative popularity of your business. This makes measuring ROI tricky. With a content governance system, you need to ensure you’re tracking the right kind of metrics for your website.

Specifically, you should gauge how clear and inclusive your language is, as well as how well the tone fits your customer base. If a web page scores poorly in these categories, there are likely spelling mistakes, run-on sentences, exclusionary language and inconsistent references to products on the page.

Take IKEA, for example. With so many product names, instruction manuals and support articles, maintaining consistent terminology across all departments is a priority. Building your own furniture is difficult enough without getting bogged down by conflicting descriptions of assembly parts or being unable to find a how-to article because the product is spelled differently.

Here’s another example: A landing page for an online sports retailer opens with a sentence like “Running shoes for every athlete, no matter how hard he trains, how long he’s been running, or how far he goes, we have shoes for him,” could lead female runners to assume the site is only for male athletes.

These kinds of issues are immediate turn-offs and drive away many potential customers. Tracking performance scores that go beyond popularity gives you a better idea of why a particular page or content funnel isn’t doing as well as it should be. You’ll also better understand which problems you need to fix.

With all that in mind, here are some essential steps to take when implementing your own content governance system and how each step will impact your company’s ROI.

Create a brand style guide

Brand cohesiveness keeps your content consistent across the entire company. Determine which terminology to use in assets like sales presentations, website copy, blog posts, Google Ads, customer service messages and product documentation. What kind of language resonates best with your target audience? If you don’t already have a company style guide, take some time to find out what that looks like and upload a final, digital version somewhere your writers can easily access it.

Maintaining brand consistency across channels eliminates the chances of confusion and establishes a recognizable identity. When a company and its products or services are easier to identify, consumers find it easier to recognize the brand and its offerings at every touchpoint. For existing customers, consistent content leads to higher satisfaction with products or services and greater brand loyalty. All of the above leads to more conversions, which will greatly impact your ROI.

Companies that want to achieve a recognizable brand image should integrate their brand style guide throughout the content generation and review process. By incorporating AI and machine learning tools into the content governance system, companies can set these tools to check if all content matches with key messages, phrasings and tone as specified in the brand style guide.

Create a workflow that makes sense for your team

Create a drafting, editing, publishing and maintenance process that works for your team and the software they use. Your content governance approach should include establishing a workflow that factors in enough time for all the steps.

Assign team members specific actions in the editorial process. Once they create a piece of content, there should be a clearly defined process for who receives that content for editing. This workflow should account for the number of expected edits as well as anticipated timelines.

As part of the workflow, companies should consider integrating a review process to minimize outdated terminology or identify opportunities to insert key phrases. For example, when a salesperson is crafting a deck to pitch to a prospect, the review process should identify references to products the company no longer manufactures.

Find and resolve bottlenecks

Assess the pain points in your current content creation cycle: Are the edits uniform? Is your tone consistent? Are projects taking longer than they should? An effective content governance system works to find sources of bottlenecks and eliminate them.

For example, the editing process is often a major bottleneck for content creators. If the entire marketing team is relying on one or two editors for every piece of content, production time can be drastically affected.

How does this impact ROI? By reducing the time it takes to create accurate, impactful content, you’re also reducing the costs involved, resulting in higher returns when your content brings in leads. For existing customers, long wait times for responses can impact retention.

If you’re struggling with keeping projects on time, examine your workflow and see where you can redistribute tasks, or consider hiring another employee to fill in the gaps. If your content creators are struggling to produce work quickly, you may need to re-strategize or streamline the workflow process. You may also consider a content review tool that monitors for grammar, terminology and clarity so your editors can focus on more nuanced issues.

Measure, measure, measure

How do you know your content is working? With a whole lot of data. This is how you find out if your investment is paying off. Calculate the ROI on your content to see how it’s doing. When successful, your content will bring in more credible leads, establish brand loyalty, and increase customer retention. Whatever your business model is, once you start tracking data about your content beyond the vanity metrics, you’ll begin seeing actual impact.

In my experience, businesses that use a content governance system see a significant number of improvements, such as a 90% reduction in published content errors, paired with a 90% reduction in content review time. Companies using such systems for content creation and management also see a 25% increase in customer satisfaction, with the content resulting in five times more customer engagement compared to before such a system was implemented. The numbers prove that a successful governance system is worth the time it takes to set up.

Content impacts every step of the customer journey. By making sure your company’s content is accurate, speaks in your brand voice and follows your guidelines, all that work will be paid back in customer dividends. Streamlined processes and lower creation time for content aligned with company goals all factor into improved ROI. Taking the time to make your content shine will only help your business thrive.