Showing posts with label media. Show all posts
Showing posts with label media. Show all posts

Thursday, September 11, 2008

How Do You Move From Print Advertising to Digital Advertising?

The following query was posed on LinkedIn by Mark Gordon, Webmaster at Prince William County Park Authority:
"We have a print magazine that we want to move to a digital format. Our current print magazine has advertisers that we would also like to take to the digital side. What steps would need to be taken to ensure that we charge a good price for this? We're not sure of the medium (pdf or other), but we would not be averse to having ads on our website (we currently only have google ads on our site. Is there something that speaks to the best way of doing this?"

My response to Mark:

First, and most importantly, you must ascertain if your target audience is READY for a move from the now-print version to a digital version of your magazine.

How? Ask them! You already have their attention with your print content, so develop a short survey and include it in your next edition. And, send the survey electronically, too. A great way to "test" your audience's acceptance of digital media. Sometimes the best information gleaned from a survey isn't related to a question and a response!

And, while you're at it, be sure to ask them HOW, if you should move to a digital format, they would want to receive it: via email with PDF of magazine attached, via email with link to website-archived magazine, via a reader like Zinio (with advertisers' interactive links), or a combination of media?

Be certain you have the email address of every current magazine recipient and reader. Again, ask for it and their opt-in in advance. (Think, too, about how will you reach readers that get an issue via pass-along.)

Don't push this one; you need to "pull" your audience along, providing what they want not what you want to give.

Plan to spend some money on obtaining email lists of prospective readers, too, in order to add/maintain value to your advertisers.

Making sure your audience WANTS a digital magazine is very, very important in today's social media frenzy. I can think of many magazines I currently read that I would unsubscribe in a heartbeat if they went digital-only. So proceed with caution to maintain readers AND advertisers. Depending upon your audience, perhaps you try to ADD a digital version to your current mix and test reaction/ readership. I've seen this done with great success. After you see your audience has not only accepted, but embraced, the new digital format, you can guarantee your advertisers with solid metrics and eliminate the print version (and all the related costs). And, for those few print-hangers on (and there will be a few), you have a solid reason for making the change, not just that YOU wanted to make the move.

As far as the pricing of online magazine advertising, you most definitely will be in a better position to maintain or even increase rates if you take some well-place steps FIRST to guarantee readership, stability AND growth.

Thursday, July 31, 2008

Connecting Hampton Road Journalists with New Sources




FREE SERVICE CONNECTS LOCAL JOURNALISTS

WITH HAMPTON ROADS BUSINESS AND ORGANIZATIONS


Mimics costly national services, but is free for both journalists and sources


(NEWPORT NEWS, VA – July 31, 2008) – Reporters and editors seeking sources for their news outlets in Hampton Roads, as well as businesses, organizations, experts and other individuals interested in obtaining coverage for their causes can sign up for a new free service that links them.

Sponsored by The Buzz Factory, a boutique PR and marketing firm in Newport News, the service, called “Hampton Roads Media Connectionz,” launches Friday, Aug. 1. Journalists, businesses and other organizations interested in participating should visit http://www.hrmediaconnectionz.com/ to sign up at any time.

While there are national organizations that provide similar services – most carrying expensive price tags for sources who subscribe – this is the first such service dedicated to serving only the needs of Hampton Roads. Because the service is free, Hampton Roads Media Connectionz is expected to provide more “grassroots” sources for journalists, as opposed to the well-financed businesses who can pay for national services.

Participants must complete an online form that subscribes them to the service. Afterwards, reporters and editors return to the site and submit queries for sources to help them with stories they are working on. The service is available to print, broadcast, online and freelance journalists.

Once a day, queries will be forwarded via email to all who have signed up as sources. When a subscriber can offer expertise to address a journalist’s area of interest, the subscriber emails the journalist indicating their availability. After reviewing responses, journalists then contact the sources that provide the best “fit” for their stories.

“We’ve been on both sides of the fence as former journalists now working as public relations practitioners,” says Gail Kent, owner and managing director of The Buzz Factory. “As PR practitioners, we’ve been connecting businesses and non-profits with the media for more than 25 years, and we know how difficult it can be to get coverage for newsworthy stories.

“And as former news reporters, we know how frustrating it can be to find the right source to interview for a story – especially on deadline. This service is a win-win for everyone, and the price is right.”

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The Buzz Factory helps organizations powerfully interpret and tell their unique stories so that they will win customers, clients and friends, and influence opinion. For more information, contact Gail Kent: gail@theprbuzz.com or (757) 930-0032.





NOTE: for the same free resource on a national scale, visit http://www.helpareporter.com/.

Monday, January 14, 2008

“Is Newspaper a Dying Medium?”, the program

VP/GM of South Hampton Roads’ The Virginian-Pilot, Maurice Jones, spoke at HRAMA’s January ‘08 luncheon event. Due to overwhelming, positive response to the subject matter, the venue was changed at the 11th hour to accommodate the approximately 125 participants. (I was there, and here are my notes.)

The topical timing turn-out yielded a sell-out crowd as Landmark Communications (the Pilot’s owner) announced last week their intention to potentially sell all or part of the company.

Maurice quoted media research source, the Scarborough Report, to tell us that the answer is “NO, Newspaper is NOT a dying medium”. A historical timeline review revealed that new media is ADDITIVE, not substitutive. Radio did NOT replace newspaper, TV did NOT replace radio, the Internet did NOT replace TV, and so on, but each successive new media launched ADDED to the prior one. (The Pilot has been in existence since 1865!)

Changes today ARE applying pressure to all traditional advertising models, used to financially support media, though. Not just newspapers are affected. Pressures are from demand for greater ROI, media fragmentation, changing consumers (wanting more control, but having less time) and disruptive technologies.

What are these “disruptive technologies” facing traditional media? Cell phones, iPods, the web, PDAs, Tivo/DVRs, video games, VOIP, VOD, XM/satellite radio, etc.

Hampton Roads is a tech savvy community as evidenced by our extremely high U.S. rankings in such measurements as growth in usage of these so-called “disruptive technologies”.

Media fragmentation has been a direct result. Just think: in the last 10-20 years, the U.S. has grown from 3 TV channels (NOTE: 4, counting PBS) to include cable TV and 250+ channels, 0 web sites to 100M+. There’s also the explosion in numbers of radio stations (even more when including HD and internet radio) and the preponderance of niche print publications available (some represented by V-P’s Targeted Publications + Media). Locally, we still have only 2 daily newspapers, Southside’s Virginian-Pilot and the Peninsula’s Daily Press.

The consumer audience has changed dramatically, too.

Newspapers as well as network and local TV/radio has lost reader/viewership. Cable primetime news has declined substantially since 2003 despite a 150+% gain in the five years prior. And, of course, internet growth continues to spiral upward.

According to Maurice, the question should be NOT “Is Newspaper a Dying Medium?”, but “What is a Newspaper?”

The definition is broad among adults (18+). Some circulation stats for the Virginian-Pilot: 47% read daily, 60% read Sunday, 72% read the paper at some point over the past week. Add 10% to any of these numbers for PilotOnline.com viewership.

In contrast, the 2007 Super Bowl reached an audience of only 42%, which is the biggest ad day on TV. Hmmm….

Every day at the Virginian-Pilot offers better reach than Super Bowl Sunday.

Recently, the Virginian-Pilot has accomplished a major redesign in print and online to meet and exceed the change in consumer wants and needs. The Pilot’s online offerings serve 1M unique visitors every month, representing the largest usage in all of Hampton Roads, not just Southside.

PilotOnline.com was ranked 6th best access in the country. That means there are only 6 other metro regions’ newspapers in the U.S. ranked better for online news access.

The Virginian-Pilot is not just a newspaper company. It’s news, information and advertising, too.

The definition of a newspaper has truly changed. Newspapers fuel consumer power, giving information to do what you want to do.

The Virginian-Pilot has been voted the best newspaper in Virginia 21 of the last 22 years by the Virginia Press Association (VPA) and won 3 Pulitzer Prizes. PilotOnline.com was one of the first newspaper websites in the country, and LINK (providing condensed news and entertainment) was one of the first free dailies.

The Pilot is journalistic excellence with a local impact, an impact which means something personally to each and every individual in Hampton Roads.

A few more stats regarding the Virginian-Pilot: most used ad medium, most valuable in planning shopping, best for bringing sales to consumer’s attention.

Newspaper is becoming agnostic. There are more geographically zoned products and more targeted publications such as the ethnically-focused MIX Magazine, launched August ’07.

The Virginian-Pilot is also the largest publisher of military newspapers in the country. Pilot Direct, V-P’s direct marketing business, is the fastest growing segment of the company. Following closely are V-P’s online products, such as HamptonRoads.tv, which is typically a difficult segment to monetize. And, they’re moving into mobile products as well.

The Virginian-Pilot, as an aggregated audience solution, reaches 93% of South Hampton Roads adults every week.

Newspapers are Alive, Well . . . and Changing

It’s still the most powerful media product in the market.

Questions? and, Answers

Yes. One day (in Maurice’s opinion) the core Virginian-Pilot product will be free versus the current paid subscription model. The ability to obtain free content is enormous, and the move in media is to “free”.

Yes. The production plants are undertaking green initiatives and building on these.

Yes. The Pilot is working on integrated “multimedia” sales and marketing packages for its diverse products versus the “silo” of sales teams by product used now. This is a historical and cultural shift.

Why are you selling? Publishing is only 15% of Landmark’s holdings. The Weather Channel is driving Landmark Communications’ decision involving the sale of the Virginian-Pilot. Think of it as “beach front property”; sell when the selling is good.

Saturday, September 29, 2007

A Prairie Home Companion in Minnesot-ah



September 29, 2007

As the guests of American Public Media, we enjoyed a live "dress rehearsal" of A Prairie Home Companion in Minnesota Public Radio's own theater.

In a word, all I can say is WOW!

This week on A Prairie Home Companion:

for Saturday's live broadcast from the Fitzgerald Theater, actor Martin Sheen, and the honky-tonk band that keeps Hank William's foot tapping in the grave, BR549 (Chuck Mead, Mark Miller, Chris Scruggs, and Shaw Wilson).

also the otherworldly operatic voice of Maria Jette, the Royal Academy of Radio Acting; Tim Russell, Sue Scott, and Tom Keith, The Guy's All-Star Shoe Band with Rich Dworsky, and The News from Lake Wobegon.

Check out APHC on iTunes or download MP3s of each show from their website.

Saturday, February 04, 2006

Word of Mouth is the MOST Influential Form of Media for Consumers


Word of mouth is the most influential form of media in making a purchase decision. That's the key finding in the Simultaneous Media Usage Survey recently conducted by BIGresearch. The study signals a marked shift in approach as marketers look more toward consumer behavior.

According to the report, the top 10 most influential media across all ages were:
1. Word of Mouth
2. TV
3. Coupons
4. Newspaper Inserts
5. Read Article
6. Direct Mail
7. Magazines
8. In-store Promotion
9. Cable TV
10. Internet Advertising

Learn more:http://www.bigresearch.com/news/big122005.htm