PESO stands for paid, earned, shared, owned and was developed by Gini Dietrich in 2014.
It's important to note that a successful online marketing campaign does not attempt to do everything in the PESO model - that would be crazy! Instead, the goal is to determine the best channels for your business to reach your audience.
Let’s break down what the individual channels mean:
Paid media. This includes display ads, search ads or boosted social media posts. Paid media is important as it gives you a chance to instantly get in front of your chosen audience.
Earned media. This is non-paid media. Despite being hard to track, word-of-mouth is one of the most valuable forms of PR. In a world so connected, a single recommendation can have a huge impact and you can’t put a price on that!
Shared media. This refers to social media channels such as Twitter, Facebook, LinkedIn, Pinterest and Instagram. The potential for the network to expand is endless; if you’re sharing quality content and giving your audience the opportunity to engage, you can't lose!