Category Archives: local newspapers

Happy National Newspaper Week!

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Image Source: http://www.nationalnewspaperweek.com

Oct. 1 – 7 is officially “National Newspaper Week” and MediaBids would like to thank each and every newspaper we work with.

The theme this year is “Real Newspapers…Real News” and a website has been set up for interested newspapers to download content & house ads reinforcing the importance of newspapers to use in print editions and online.

Here’s the link for more information – there’s still time to celebrate! http://www.nationalnewspaperweek.com/

NNA Survey Shows Newspapers are Still a Top Source of Local News

The National Newspaper Association recently conducted a survey to find out what consumers preferences were when it came to learning about local news in their community.

Newspapers slightly edged out television, but what was the most surprising stat was that only 1% of people surveyed cited newspaper’s websites as their preferred source. Also notable is that the majority of respondents have been readers of their local paper for 30 years or more. The full survey findings can be seen here: http://www.nnaweb.org/nna-news?articleTitle=nna-survey-newspapers-still-top-choice-for-local-news–1497279875–1575–1top-story

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Source

The “Newseum”

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http://www.newseum.org

Anyone interested in seeing front page news from around the US every morning can stop over to Newseum.org . You can literally check out content on the front pages from over 800 newspapers – ranging from small town papers to large dailies like The Washington Post.

In addition to hosting this large group of newspaper front pages online, the Newseum has a top top rated museum headquartered in Washington D.C., featuring curated exhibits, events and programs covering notable news events throughout history.  Current exhibits include a gallery of Pulitzer Prize-winning photographs, an interactive news room and an exhibit about Presidents and their pets.

Now, more than ever, may be an important time to take a trip here and appreciate the role journalism in its various formats plays in our society. We’ll be making the trek.

2016 Holiday Gift Guides – Publishers Monetize Audiences with Affiliate Links

christmas shoppingTis the season to scour the internet’s Holiday Gift Guides for the best presents for all the friends and family on your shopping list this year.

Publications have found a new way to monetize their audiences by producing content with shopping recommendations utilizing affiliate links.

Affiliate marketing is a type of performance-based marketing in which the advertiser rewards an “affiliate” (aka publisher – online or otherwise) for each sale driven by that affiliate’s own marketing efforts.

So in other words, when you see a Gift Guide with clickable links published by the New York Times and you end up purchasing a product they recommend, that advertiser will give the publisher a percent of the sale to reward their efforts.

Instagram has made many of their “influencers” rich through affiliate networks such as RStyle, LIKEtoKNOW.it, ShareASale, Impact Radius, and others. This has long been popular among bloggers and independent website publishers as well. Though there are ongoing issues with disclosure and there may be more regulations in the future, this revenue stream is likely here to stay.

Now, many publications are getting into the game. The New York Times launched a beautiful interactive Gift Guide with dozens of product recommendations divided by category. This comes as no surprise following their acquisition of The Wirecutter, an online consumer guide which publishes in-depth product reviews.

 

The NYT includes the following disclosure (if you know where to look for it). But for many readers of the NYT unfamiliar with this type of advertising, it certainly further blurs the lines between editorial and advertising.

The gifts included in this guide were chosen solely by The New York Times. Our editorial content, including that by Wirecutter, which recently became a part of the company, is not influenced by advertisers or affiliate partnerships.

Through a third party, we may receive commissions on sales made on the linked sites. When our editors and writers make selections, they do not know what products may generate a commission, or what that commission might be, and payments play no part in their decisions.

Similarly, New York Magazine has a recommendation page called The Strategist. Real Simple has many holiday gift guides available as well, and I’m sure most magazines are building these types of pages now, if they haven’t already. Wired, The Atlantic, Chicago Tribune, LA Times, the list goes on and on.

 

Buying print advertising, for years we’ve seen publications try to maintain “church and state” separation between their editorial recommendations and the revenue generated from their advertisers. But there are huge monetary opportunities from affiliate advertising revenue in providing product recommendations to loyal readers.

Sometimes we describe what we do here at Mediabids with per response advertising (or performance marketing) as affiliate advertising since many e-commerce companies are already familiar with affiliate programs and do these types of campaigns online. Supplementing their online affiliate campaigns with a print campaign is a great way for advertisers to reach a new and desirable audience. Likewise, it benefits publications by bringing revenue back to print through advertisers that wouldn’t otherwise consider the medium.

For publications looking to add an alternate revenue stream, or if you’re an advertiser interested in reaching new consumers…call Mediabids today at 860-379-9602.

Hey Gannett, Why Buy More Papers?

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As of this writing, it’s quite possible that Gannett has bought Tronc (a.k.a. Tribune Publishing.) As many media watchers know, Gannett has made a series of offers to Tronc this year. Based on a report from Politico Media today, the deal appears to be all but announced.

Whether you’re inside or outside the media business you may be wondering why exactly Gannett is in such a hurry to snap up Tronc, one of the country’s largest metro newspaper publishers. One thing is for sure, it’s not necessarily about publishing more print newspapers.

Newspapers and journalism have been in the midst of a great deal of industry upheaval and change for the past decade. The future of newspaper publishing isn’t about growing print circulation. Rather, the future is about digital (meaning video, really) content distribution to a valued audience of reliable news and content consumers. Metro newspaper publishers are aiming to deepen their relationships, and drive revenue, by providing their loyal news consumers with more content overall and more mobile-friendly content, to be precise.

Tronc owns the Chicago Tribune, the LA Times, the San Diego Union Tribune, the Orlando Sentinel, the South Florida Sun Sentinel and several other large metro papers. In other words Tronc has audiences in several top ten media markets. According to ComScore, Tronc’s online audience exceeds that of the Washington Post and nearly matches Disney. As you might expect, these are among the largest audiences on the web.

Gannett is already the largest newspaper publisher in the county. The purchase of Tronc, with it’s large online audiences, content distribution network and investments in video production,  position Gannett to be a major player in the future of content, information and entertainment. A future that is, more or less, already here.

Post by Jim Jinks

Advertising is Dead

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I’m sure on a Monday morning, at the beginning of a long week of anticipated sales and prospecting, the last thing anyone would want to read is that their industry is ”dead.” I’ll admit ”Advertising is Dead” is a strange title for a post, especially given that Mediabids is in the advertising business and our last blog post title happened to be  ”6 great ads that prove print isn’t dead.” Obviously advertising isn’t dead but the way many people still think of advertising -meaning the way many of your clients still think of advertising- is very much dead. This is particularly true at the local SMB level where advertising for the purposes of reach (i.e. to get the word out or simply build awareness) is very much dead.

As we all know, digital has been disrupting the advertising business for many years now. To date, the greatest disruption has been to the newspaper and magazine business but lately the bigger story is the disruption in local TV and radio. SMBs have increasingly relied on digital advertising channels – first it was local search ads and now it’s search plus social media advertising. Why?

It’s not that fewer people can be reached by local TV and radio, quite the opposite.

It’s not that local TV and radio have lost all their considerable powers to influence an audience.

It’s not necessarily about the cost of creating TV and radio spots (although for some SMBs this may be an excuse they frequently give to media sales people.)

It’s also not even about the cost of buying local TV or radio time (although it’s not inexpensive.) If advertisers could better measure the impact of local TV and radio, the sticker price would be less of an issue. In other words, what advertisers don’t want to pay for is the unknowns.

Earlier this year, eMarketer announced that digital display ad spending would exceed search spending for the first time. In 2016, digital display ad spending is projected to increase 23% while search spending would grow another 10% this year. The reasons for the growth in digital display are several: the improvement in the user-experience online (or UX as the fancy people call it); the explosion in smart phone adoption; and perhaps most importantly, the ability to better qualify (and CONVERT) traffic and customers through the use of video, rich media and native advertising online.

As I said, advertising in terms of reach is dead. But advertising in terms of conversion, as the eMarketer article suggests, is booming. It’s all about conversion now, especially at the SMB level. Automakers, soft drinks and snack makers, national quick-serve chains and some retailers still need big reach to drive people into store locations. However, many SMBs are much more interested in the conversion of digital traffic to paying customers. This means a mix of media that allow SMBs to qualify callers and site visitors -such as digital display, search, email, social media and PRINT.

Yes, I subtly added print advertising to the list.

It’s true. Print advertising still has a big role to play in our increasingly digital first world, especially for the SMB market.

At Mediabids, our advertisers have conversion rates that are well into double digits (the average is about 40%.) So advertising, as we have long known it, is dead. But what advertisers want from their investment in advertising hasn’t changed much at all – they want to pay for customers at a cost-effective rate. This means that digital and print advertising is most relevant and still kicking.

Post by Jim Jinks

 

Labor Day Weekend Sales

Happy Labor Day Weekend!  Chances are, if you’re still in the office reading this, you’re dreaming of taking off for a long weekend of beach, barbecue, and…shopping of course.

According to a recent CBS MoneyWatch article, LDW is the best time to get great deals on seasonal summer items retailers are trying to unload to make room for fall and winter goods.  Stock up on summer clothes for next season, a new grill, or if your mattress needs to be replaced, holiday weekends often tend to offer good deals.  Skip fall clothing, toys, and consumer electronics like Apple products – these types of items will be more heavily discounted in the Black Friday/holiday shopping timeframe.

Check your local newspaper for inserts with coupons and local promotions.  According to a research study for the NAA (Newspaper Association of America), 39% of US adult internet users favored newspapers for receiving ad inserts and fliers, compared with just 21% who preferred the web and 27% who wanted them sent via mail.  In fact 70% of US newspaper consumers said they checked the inserts to find out about sales and savings.

Post by Darcy Mauke

New Study Shows Newspapers are Still the Top Source of Local News

Local NewsA recent article on MediaPost provided data from a new study that focused on newspapers and their important role as a trusted source of local news.

The study, commissioned by AMG/Parade and researched by Coda Ventures, surveyed 1,000 local media users and found that :

  • 47% of local media users cited newspapers as the best source of deals
  • 49% said newspapers did the “best job” providing local news and information
  • 32% of local news consumers had visited a newspaper’s social-media channels in the last month
  • 40% of local news consumers said they had visited a newspaper web site in the past 30 days

Local newspapers continue to be a vital source of information to communities nationwide. Here at MediaBids, we place ads in local papers all across the country, and these ads get thousands of phone calls each month. Local papers are well read, and the ads placed in them provide great ROI for local and national advertisers alike. People pay attention to what’s going on in their towns, and there’s no more trusted source of information than the local paper.

As a side note, Coda Ventures, via their Triad Service, provides additional insights into newspaper ad and insert effectiveness. Below is a sample of the type of info they gather. We’d encourage you to take a look at their most recent full report: Click Here

Triad

Post by Jess Greiner

Print Ad Success, Happens To Be Just Like Fishing (no kidding!)

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I just returned from my annual trip to Alaska, where I did a lot of fishing with my kids. Stay with me for a minute, there is a point to this that relates to marketing in newspapers. I believe, that what I have learned about fishing applies to marketing in newspapers.

Not surprisingly, my kids all like catching fish more than they like waiting for fish to bite. The problem is that a big part of fishing is waiting (I always tell them, “that’s why they call it fishing, not catching”) and having faith that the fish will respond sometime soon. If my kids believe that we have gone to a bad spot or that there is no hope in trying, their attention to detail diminishes. Instead of checking the bait every few minutes, they check every hour. They don’t hold the rods, they put them in the boat’s rod holders. They are less likely to try different techniques or pay attention to where their bait is positioned. In short, fishing is a self-fulfilling prophecy. You are unlikely to be successful, unless you pay attention, which is easier to do when you believe that success is possible.

In an effort to counterbalance the inevitable impatience of children fishing, for the past several years I have manufactured a new “secret spot” that some unnamed but very wise old friend has told me about. I tell my kids that this friend caught monsters at this spot and their enthusiasm rises to a fever pitch. They believe that this spot will produce fishing glory, so they fish harder, are more attentive to detail and are more patient than they would be otherwise. So it is no big surprise that my fictitious “secret spot” always outperforms other areas that we fish.

Fishing is a hard thing to scientifically quantify and there is no doubt that a certain amount of luck factors into a good day of fishing. However, I firmly believe that there are many factors that a fisherperson can control and the expectation of success creates an environment where success is more likely.

Now, stay on the line, I am about to set the hook – marketing in newspapers is very similar to fishing.

As you probably know, we do a lot of response-based print marketing here at Mediabids. In response-based marketing there are two parties who are involved in a transaction. First, there is the advertiser who is trying to generate response for their goods or services. Second, there is the publication, who wants revenue from the results they generate for that advertiser.

Too often, I believe, all parties (and I include Mediabids in this group) don’t expect success for a specific ad in a specific publication. They want success, but they don’t expect it. All parties involved act like my kids when they are fishing in a spot they believe is unlikely to yield results. But attention to detail generates better results in fishing and in newspaper marketing. Maybe the ad would perform better with a different offer or at a different price point? Maybe the ad would generate more response if it ran in a different section of the publication or at a different size or on a different day of the week? Often it is the little things that determine the difference between an ad performing well or below expectations. However, if success is not expected, it is easy to ignore those little things, which only increases the odds of failure. It is too easy to say, “This ad isn’t going to work.” and not try anything. It is like my kids saying, “There are no fish here.”

We should all expect success from print advertising. We have all seen enough success stories to know that print can generate large numbers of highly qualified results. It should happen with every ad we place, but it doesn’t. It is the job of Mediabids, the advertiser and the publication to expect and demand that ads perform well.

Post by Jedd Gould.

Top Podcasts for a Better You

Head Phones

I have been one of those people, at times, that has been indifferent to the emergence of the digital age. I mean, I still read actual books…sometimes I even buy hardcover versions! I know. I know. What a Luddite, right?

But let’s be honest, unless you’re a big gamer, the internet has been -until the past few years- awash in advertising and A LOT of one-dimensional content that can be take it or leave it (there are many exceptions, of course.) In fact, among the most heavily visited sites on the old WWW have been newspaper sites -which is great, don’t get me wrong. But newspaper sites are hardly what all the fuss and promise of the internet has been about, until recently. As many of you likely already know, the latest generation of the internet (are we at 3.0 yet?) is about text, messaging and social media apps and accessing video and audio content. It’s the audio content (a.k.a. podcasts) that we’ll talk a bit more about here today.

Starting in 2015, especially with the popularity of Serial (from the makers of This American Life on NPR), podcasts have really begun to emerge. National Public Radio, the New York Times, Slate, ESPN and several other media outlets have really started to focus on podcast content, not to mention a myriad of other smaller players. After all, the production of podcasts doesn’t necessarily require much of an investment beyond a microphone, a server for storing the files and the time involved. As a media salesperson or an agency staffer, why should you care about podcasts?

Podcast audiences, generally speaking, are still relatively small so selling ad space in them or looking at them as a cornerstone of a media plan is a ways off..in terms of really being a part of the marketing conversation. But as a media seller or an agency staffer, the real value of podcasts to us is more basic – inspiration and education.

At the risk of sounding a little new age, listening to podcasts (like reading books or watching films) can help you be a better you. The exploration of ideas and hearing different perspectives on things that are happening in our world, will only help you -as a media seller- to make connections with others and -as an agency staffer- to be able to think of old problems in new ways. If you haven’t started to take some time for podcasts, the time is now. At the very least, if you’re still something of a Luddite like me, starting now you can still claim to be an early-adopter (even if it’s just barely the case.)

If you’re unsure of where to get started with podcasts, here are five from the worlds of journalism, business, culture, politics and entertainment to consider:

RadioLab

TED Radio Hour

The MOTH

SLATE Political Gabfest

WTF with Marc Maron

 

Post by Jim Jinks