5. Online Newspaper Visit: 10 Mins AvgYoutube video: 3.5 Mins TV Show: 30 – 60 Mins Print Newspaper: 40 Mins Blog Post: 3-10 Paragraphs Tweet: 140 characters 5
26. and Sharethe media they interact with . Clay Shirky 23
27. The Snowball Economy Lower Demand for Blockbusters Media 2.0 Supply A growing number of snowballs pushes up the Media 2.0 demand curve Snowball Price Media 1.0 Demand Media 2.0 Price Quantity 24
28. Media 1.0 Media 2.0 Closed Dominant Portal Open Distribution Coordination 25
30. Become the ultimate destination for news, information and connectivity in your market. Quantity Aggregate more than competitors 27
31. What can you be best in the world at? Make it local, make it mobile, make it super- relevant. Quality Differentiate more narrowly than competitors 28
32. Quality + Quantity Higher User Engagement Higher ROI for Advertisers Higher % Revenue from Digital A Digital Future 29
36. Companies achieving 15% to 20%of their revenue from digital have dedicated digital sales teams. Borrell and Associates 2010 Local Advertising Report 33
37. 2. Find Unbelievably Great Digital Talent Don’t wait for the print guys to figure it out. 34
52. 6. Train your people, give them the right tools and create incentive programs to get them going. Set Big Digital Goals 49
53. There is a Digital Future JRC Deseret News Goals % of revenue from digital in 3 years: 25% 5 years: 50% Q1 2011 digital advertising up 70% over Q1 2010. 2010 digital revenue was up 75% over 2009 revenue Digital revenue already makes up more than 50% of total company revenue 50
54. 7. Start Selling ROI and Service Not just lines and columns, banners and big boxes. 51
55. Only half of Canada’s 2,000,000 businesses have websites 52
58. Make a better Daily Deal. One-time customers Damage to brand No customer caps allowed 50% deal required 50% cut to daily deal site Top Daily Deal Advertiser Complaints 55