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The PESO Model is a strategic framework used in marketing and public relations to categorize media into four types: paid, earned, shared, and owned. The model describes the use of different media channels in organizations' marketing approach, and has been widely adopted in the marketing communications industry.
Marketing communication can be summarized as falling into four categories, (paid, earned, social [or shared], and owned) media. [5] [2] This categorization is sometimes referred to as the PESO model. Paid media is a traditional approach to promotion, and usually takes the form of advertising or advertorials (paid opinion pieces).
Facebook gives advertisers options such as promoted posts, sponsored stories, page post ads, Facebook object ads, and external website (standard) ads. To advertise on Twitter, there are promoted tweets , trends, and promoted accounts that show up on users' news feeds .
Advertising includes the use of paid, earned, or owned media. Paid media is directly through advertising and various business sponsorship campaigns. Earned media occurs through word of mouth and online social media posts or trends. Owned media includes brand websites and other owned content by the business producing the product. [4]
Instagram, a photo and video-sharing website and app, is owned by Meta. Instagram launched Oct. 6, 2010, and was acquired by Facebook in 2012 for $1 billion. Who owns Snapchat?
It seems like every streaming service these days allows users to pay for an ad-free version, and now the leading social media company is adding the tactic to its business model.
Personal channels of communication are direct and target individual groups. Personal communication channels are connected with two or more persons who communicate directly with each other face-to-face, person-to-person through telephone, email, or fax. Social channels also fall under the category of personal communications.
Paid, owned and earned touchpoints now flow through multiple channels and the message can be two-way. The proliferation of digital channels has now influenced owned and earned touchpoints to be considered in sync with traditional paid channels (Pessin & Weaver, 2014). [ 17 ]