Think back to your early sales days (even if you didn’t have early sales experience this should resonate) and remember when that “so and so” advertiser didn’t buy what you thought was a slam dunk, can’t miss campaign?! What could that knucklehead have been thinking?? Doesn’t she know newspaper is far better than [TV, radio, outdoor… fill in the blank] anything else being contemplated? I simply cannot believe HE didn’t buy!?!
We occasionally feel the same way. It’s hard to believe when a prospect (or, even existing customer, ugh) invests in research from a source other than Belden. Tell me it ain’t so! Sometimes it’s, a syndicated product, perhaps budget was an issue, there are times a prospect has a great, enviable relationship with another newspaper partner, and, yes, there are times corporate headquarters suggests tighter expense management, and research and/or training are the first to be eliminated from any budget.
Do not expect a report on the conferences -
Presstime, E&P and others will do a far better job -
but, rather, what we saw, heard, thought important,
liked and encountered in the hallways and meeting
rooms of D.C.
Disclaimer: In most cases there is no attribution to
many excellent ideas and/or quotes - our apologies to
the authors - we hope you understand...our fingers
and note taking couldn't keep up. Don't expect to find
any particular order or chronology to these
observations. No priority either. And, an opinion or
two might slip in to these pages...
...should parents of youth carriers get any discount off
their subscription as a thank you? An interesting
notion. But is that happening?
...The "compact" newspaper phenomenon will appear
several times in this newsletter, but what about niche
products or special sections formatted as magazines
for more reader functionality?
...GREAT COMMENT - "...way too much of our content
reflects the sensibilities of our journalists and not the
sensibilities of our readers."
...Ivan Fallon of the Independent Newspapers in
London (amongst the most competitive newspaper
markets in the world) made the decision to publish in a
tab format (in addition too, not instead of!)
and 7 years of circulation declines were erased within a
year. Approximately 80,000 additional
distribution,
while
the largest competitor followed, yet only held steady.
The first mover advantage really worked here.
Advertiser's saw the move as "innovative and
good for their message".
...One Publisher commented, "...we talked about and
wish we had converted our afternoon product to a tab
instead of killing it". There's a thought.
...there seems to be a growing trend to move towards
a
paid model for newspaper web sites. (Belief: not a
good idea...at least not yet. Maximize display
revenues
1st and most sites still have a ways to go on this
front.)
...(this IS interesting!!) Everyone at one
particular
paper calls 3 readers to ask for feedback. Yes, there
is a "script" with 5 questions to guide the
conversation. Overall findings are aggregated, but
there's plenty of opportunity for unfettered feedback -
talk about CREATING A FOCUS ON READERSHIP.
...in addition to Red Eye, The Tribune Company in
Chicago has developed a stand-alone High School
product that distributes 425,000 products daily.
(Opinion: Now We're Talking! This is where the
reading habit is being "lost" or remains undeveloped.
As much innovation and creativity as is possible
should
be devoted to cultivating this audience.)
...If you want to see a web site that embraces college
reading and lifestyle differences, check out
Lawrence.com, from the good folks who publish the
Lawrence Journal World in Kansas. Their
bundled on
and off line sale is called a "fiber/cyber" combo.
...just released is the Teen study done for the NAA by
North Castle Partners. Take a close look at the
Teenguager report.
The toughest first - there are obstacles to teen
readership (if you stopped to think about it, you could
probably name more than half. Think things
like "jumps" and "little news about me".)
The good news - Teens Want News.
If delivered in a
way which helps them create a Social Connection and
advances their view of themselves within peer groups,
teens will read!
...by publishing directories for the local Chambers of
Commerce, the Torrance Daily Breeze is not
only
supporting the local organizations, they have added to
their databases contact information (and a LOT of
subsequent subscriptions) and 9,000 leads.
...as if our major retail clients weren't facing enough
challenges, the web creates a host of new ones. One
of the ways they are promoting their wares is via
newspaper advertising disintermediation - you can now
find this on some sites - "no paper; no problem" - and
there's a digital copy of the insert which appears in
your Sunday pages. Users can click, get directions
and even coupons or buy right there.
...how many times have you heard "locallocallocal"
when it comes to what readers want? The Readership
Institute has suggested pictures of those like me
is
part of the solution. Well, how about having
photographers (many) taking pictures at a broad scope
of events and then posting them on the newspaper
web site for purchase? Concerts. Rallies. Sporting
events of all ages and types. And, guess what, each
of these purchases MUST leave information to add to
your database for future acquisition and retention
efforts.
...There were other examples of ways the Internet is
being used as a way of distributing information to
tough to reach demographics, yet the best way to sum
these up was to think about how to "exchange
functionality for information"?
...Anecdote - there was a session on department store
advertising running concurrently with one on the
Internet and registration. While walking with a
Publisher of a major metropolitan daily, he
remarked, "Department store advertising is the past;
I'm going to listen to the future" as he walked in to the
Internet session.
As you might expect, there was plenty of interest
related to the preliminary findings from the latest wave
of research from the Readership Institute on Young and
Ethnic Readers. A quick summary of some on target
and very interesting results:
THREE COMMANDMENTS
- Get in to their (whichever segment) heads!
- Simply tweaking the paper will not advance
readership growth. There must be REAL innovation.
- A multi-year, tied to rewards, strategic plan must
be developed which the entire organization
embraces.
...After all is said and done, there must be an
emotional connection between the reader and
the
newspaper (and, web site...and, niche product...and,
whatever!).
Look at it this way - just about every reader (and
even some non readers) within the Boomer generation
and older, calls their home town daily "my" paper.
That's how strong the relationship is!
That tie begins to unravel with the younger
generations. That should be our goal - to create
products and tools and content (which, by the way
INCLUDES advertising) so that younger, African-
American, Hispanic, Asian and any audience segment
we under penetrate uses us Possessively. We need to
become "THEIR" paper.
...one panelist described the Hispanic market
as, "...the
most dynamic opportunity in media!" That isn't
completely hyperbolic.
...another said, "...audience voice matters. Minorities
are searching for a voice and identity." That pretty
well sums it up. The question becomes, are we going
to provide either?
Does that give you a sense of the overall DC "frame of
mind". Most were upbeat. Heard of one major metro
up 9% for the 1st quarter and April was already good.
But, please, don't think for one second the challenges
facing newspapers related to growing readership aren't
DAUNTING. There remains a window of opportunity -
only a few years - to get us moving along the
proper path, and if that doesn't happen, a tipping
point, spiral, cliff, whatever you want to call it, looms
large!
To paraphrase a relatively recent presidential inaugural
address "...those things within the industry that aren't
quite right, CAN be fixed by those who know what is
right!"
We're finally beginning to see consistent, positive
signs, so lets make them more and more frequent
across every segment of our audience. And, recognize
audience IS an incredibly valuable asset we must
nurture and grow relentlessly.