It is often said that Bill Gates coined the phrase "Content is king" in a 1996 essay, where he discussed how the Internet would change the way information is shared and consumed.
The phrase has since been widely adopted and has become a guiding principle for many businesses in the digital age. However, it's worth noting that content creation has become more crowded and competitive in recent years, and the quality of content is more important than ever in order to stand out.
The creator economy has grown significantly in recent years, with an estimated value of $104.2 billion (Influencer's Club) in 2022, and with almost 1 in 4 people contributing to it as consumers, entrepreneurs, companies, influencers, etc. This means that there is a lot of content out there, and it's important for businesses to produce high-quality content in order to be successful.
One key aspect of creating high-quality content is to niche it down, in order to cater to a specific audience. This means that businesses should choose to create content that is specific to their target market, and that provides value to that audience.
Another important aspect of quality content is that it should be community-focused, and involve platforms that allow meaningful connections, such as LinkedIn. In this way, businesses can create a connection with their audience and foster a sense of community around their brand.
Finally, quality content should allow people to authentically engage with the people behind the business, or with influencers that reflect the brand's values. This means that businesses should choose to partner with influencers that align with their brand values and that can authentically connect with their target audience.