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Power of Print Video

Posted on March 05, 2010 by Mediabids

From MIN: 

As part of its new promotion of magazines to consumers and advertisers alike, the ‘Power of Print’ campaign launched a video into the YouTube ecosystem yesterday. The lions (and lionesses) of print—Time Inc. CEO Ann Moore, Condé Nast president and CEO Charles Townsend, Wenner Media chairman Jann Wenner, Hearst Magazines president Cathie Black and Meredith National Media Group president Jack Griffin—all mock the bloggers and pundits who have declared the death of print at the hands of the Internet.

“What actually happens is that people find room in their lives for the new medium alongside the media they already love,” says Moore. This will continue as long as the old media continue to provide “an irreplaceable value,” adds Townsend.

Watch it here . The video is part of the multititle in-print push to defend and promote the enduring value of magazines. The campaign will appear across thousands of ad pages in scores of titles in coming months.

The YouTube video has been viewed just over 3,100 times as of this morning.

Google Wave and the NAA: Explain again how this helps anyone except Google?

Posted on January 30, 2010 by Mediabids

In this excerpt from an article on Google Wave by the Newspaper Association of America, the NAA gives us just another example of how the organization continues to misunderstand how its members make the money they use to pay its dues. Google Wave does not offer any sustainable revenue stream for publications. If everyone would give away their content for free, a lot of people could come up with a cool way of displaying it too. But Wave does nothing for the publications who actually have to pay people to go out and write stories. Hard to believe that the NAA consistently misses this point, maybe they believe, as Google does, that as long as your motto says you intend to do no harm, it is ok to wrip off print publications.

Here is what they said. Full story here, if you have the stomach to read it.

As Google Wave ends its first year of existence, we have learned two things:

First, there’s no shortage of critics who are happy to argue that the Google product, which combines threaded conversations with collaborative document editing and a host of embedded interactive gadgets, may be a technology searching for a purpose.

Second, the term “beta” applied to a Google product means just that for a change—until a recent round of bug fixes, the service slowed to a crawl or crashed as soon as the number of visitors participating in a “wave” reached the kind of critical mass a media site would draw.

Does that mean newspapers should wait to begin experimenting with Wave? Not at all – especially given its potential to shape conversations both within and beyond news organizations, argue early industry dabblers in the technology.

“Think about how many newsrooms would have killed to be on top of a social media tool like Twitter four years ago, before it became as popular,” says Chris Taylor, online editor of TBO.com, who oversees converged Web operations for The Tampa Tribune and WFLA-TV. “We want to make sure our newsroom is familiar with Wave so if it becomes the next great tool for media consumption, we know how to be there for our audience.”

From the AFCP: How Print Helps the Internet

Posted on November 13, 2009 by Mediabids

 

From the Association of Free Community Papers (AFCP: 

How Print Helps the Internet

Telegraph.co.uk became the first British newspaper website when it was launched 15 years ago.

When I took over the editorship of the fledgling Telegraph internet site early in 1995, two questions were constantly being posed to me. The first was: how can you make money out of something you give away free? The second was: does this mean the end of newspapers? The first of these questions was always the most tricky, because, in reality, no one had a clue how we were going to make money. The Telegraph's internet operation was essentially a marketing initiative with a brief to explore this new medium and report back. No one said anything about making money, although reader offers were always part of the mix from the start, so there was a token nod in the direction of commerce.

 

I recall a rather a rather scary meeting with the then proprietor Conrad Black, who asked me the same question. I pointed out to him that he was always complaining that city analysists undervalued the share price of Hollinger (which owned the Telegraph) and that one of the reasons they gave was that the company did not have an internet strategy. By backing an internet newspaper, I reasoned, he would show them that he did have a strategy and his share price would rise accordingly - so at least he would make some money that way. The answer seemed to satisfy him and we were allowed to keep going.

 

The longer term answer remains elusive. Short of charging for content, no one really is completely sure 15 years later. And although the telegraph's internet operations do attract many millions of advertising revenue now, these revenues are still smaller than the sales and advertising revenue of the print titles.

 

As to the second question, my answer remains the same as it was then: of course the internet doesn't spell the end of newspapers. No new medium has ever sunk an older one without trace. Contrary to popular musical mythology, video didn't kill the radio star (although DVD and Blu Ray have certainly given video a kicking) and TV didn't kill radio - in fact, radio is going from strength to strength, while a lot of TV is struggling to survive.

 

And the longer time goes on, the more convinced I am that that the internet needs newspapers. The reason is simple: people like reading, and whilst reading from a screen is bearable for short items, it gets tedious for anything more than a few hundred words. I'm prepared to bet that the majority of people, young and old alike, when they find something online they want to give detailed study to - whether its an article or the terms and conditions of their holiday booking - the first thing they do is hit the 'print' button so they can sit down with a bit of paper in their hands.

 

I think there's something deeply ingrained in the DNA of post Gutenberg culture concerning typography and design - and nowhere do you find more exciting an innovative typeography and design than in mass ciculation newspapers and the plethora of magazine and supplements they bring in their wake. And whilst the design of websites has advanced from the rather sparse minimalism that characterised our efforts 15 years ago, they still have a long way to go before they can replicate the best that newspapers have to offer.

 

But beyond the aesthetic argument, there's a more profound argument about the centrality of newspapers, and this is to do with the business of telling stories, and creating compelling narratives. If you examine the world's great online sources of news and opinion, for example, the vast majority of them have sprung from newspapers or from broadcast organisations with strong roots in newspaper journalism culture.

 

So, in a curious way, things have come full circle. Fifteen years ago, the Telegraph newspapers needed an internet site to help transform the brand image of the paper, to make it seem more modern and relevant. Now, I think, when our internet presence has made us a global brand, we need the newspaper even more to remind those readers why they value what they are reading.

 

By Derek Bishton

Newspapers Evolving But Still Important

Posted on November 13, 2009 by Mediabids

The Newspaper Association of America can usually be counted on to put the best spin on the difficult situation facing publications. Here is the latest:

"As a researcher, I can share with you what the numbers show about the newspaper business. Scarborough Research has tracked the audiences of newspapers for more than 35 year. Our 2009 measurements indicate that, in contrast to stereotypes or misconceptions, readership of newspapers, while declining, is still relatively strong and part of our routine and culture. According to our latest newspaper ratings:

·74% of adults read a paper in print or online during the past week. Newspaper readership in some markets reach upwards of 90%.

·19% visited a newspaper website during the past week.

·70% of American adults (18+) read a printed newspaper during an average week.

While the numbers speak for themselves, I understand why readership may be in question. Media has spent more than a decade incorporating online platforms into our strategies. Hear the word "newspaper" and we think exclusively of paper and ink editions. But the reality is that newspapers have become more than the traditional printed copy. Scarborough data demonstrates that newspapers are successfully extending their audiences online, providing a 4% "lift" in readership to their print companions."

Full story here

Newspaper ad sales down 29% in Q2 09

Posted on September 12, 2009 by Mediabids

Full Story from Marketing Charts here

"For the second quarter of 2009, total newspaper ad sales fell 29% to $6.8 billion, down from $9.6 billion last year, according to Q2 figures released by the Newspaper Association of America

As  evidence of the continued toll the recession is taking on the industry, online ad sales were significantly affected again this quarter, slipping 16% to $653 million. Online newspaper advertising declined 1.8% in all of 2008, but tumbled more than 13% in Q109.

Print Takes Hardest Hit

Total print advertising totaled $6.2 billion, a decline of 30% over the same period last year. Within the print category, national ads fell nearly 30%, while retail ads fell nearly 25%.

Classifieds ads took the biggest hit within the print category, falling a total of 40%. Job recruitment classifed ads declined 66%, the worst slide of any classified category. Automotive classifieds fell 43%, while real estate classifieds fell 46% for the quarter, the NAA said.

Newspaper ad losses have grown worse in each of the last 12 quarters, experiencing the worst declines in newspaper history, reports Media Buyer Planner.

For the first half, ad revenue fell 29%, to $13.4 billion. Ad revenue fell 28% in the first quarter.

The numbers, give perspective to what John Sturm, chief executive of the association, calls “a terrible stretch of bad road,” writes Mediaweek."

Survey Says: 82% Take Action As A Result of Newspaper Advertising

Posted on July 21, 2009 by Mediabids

 

This survey shows some very positive numbers for response from newspaper advertising. Most of the vital stats are below. As we have said before, surveys showing that newspaper advertising works are pretty common. What is not common is the ability to show advertisers that it is working for them. At Mediabids.com, we do this by incorporating unique 800#s into many of the ads we place. This allows us to show the thousands of advertisers who use our website to buy print ads exactly how many responses (at least by phone) they have received. It isn't hard and much of the time the results we show validate the findings of surveys like this (this one from printinthemix.edu), which in the absense of hard data, can seem too good to be true:

July 15, 2009 -- Newspaper advertising remains the leading advertising medium cited by consumers in planning, shopping and making purchasing decisions, according to early data from a MORI Research survey of more than 3,000 adults, conducted on behalf of the Newspaper Association of America (NAA).

This study, part of a series entitled “American Consumer Insights,” examined the impact newspaper advertising has on consumer shopping and spending patterns. Early results indicate:

  • Nearly six in 10 adults (59%) identify newspapers as the medium they use to help plan shopping or make purchase decisions
  • 82 % of those surveyed said they “took action” as a result of newspaper advertising, including:
    • Clipping a coupon (61%)
    • Buying something (50%)
    • Visiting websites to learn more (33%)
    • Trying something for the first time (27%)
  • 73% of adults say they regularly or occasionally read newspaper inserts
  • 82% have been spurred to action by a newspaper insert in the past month.

 

Primary Medium for Checking Advertising
2009

Newspapers

41%

Internet

21%

Direct mail

14%

Television

8%

Catalogs

6%

Magazines

3%

Radio

2%

None of these

5%