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Journalist as Entrepreneur

       Presented 28 August 2010
         Kuala Lumpur, Malaysia
2

Example: Talking Points Memo - 19 February 2002

                                  • Content: Blog on politics,
                                    government and policy


                                  • Audience: <10,000


                                  • Revenue:
                                    - Syndication
                                    - Donations
3

Example: Talking Points Memo – 24 June 2004

                                • Content: Blog on politics,
                                  government and policy


                                • Audience: ~500,000


                                • Revenue:
                                  - Syndication
                                  - Donations
                                  + Advertising
4

Example: Talking Points Memo – 26 April 2006

                                • Content: Blog on politics,
                                  government and policy

                                  + TPMuckraker – Leaks, Tips
                                  + TPCafé – Discussion


                                • Audience: <1 million


                                • Revenue:
                                  - Syndication
                                  - Donations
                                  - Advertising
                                  + Commerce


                                • TPM Today:
                                  - 1.5 million
5




A few fundamentals:


 You can make money as a citizen journalist.


 You will need to develop multiple sources of revenue, not rely on just
  one.
  + Donations
  + Advertising
  + Commerce
  + Syndication
  + Offline revenues – training, speaking, …


 Many of the tools needed are already at available to you now while other
  programs are developed.
6




There are a few simple steps to follow:


  Step 1: Content Focus and Quality. Expertise matters.


  Step 2: You need a place to show your product and build an audience.

    - Use your blogs as a way to develop an audience
    - Not just for articles, but also for video, photos, …

    Bigger the audience, the bigger the revenue potential.


  Step 3: Add revenue tools to your blog.
7

        Content and Distribution: The CJ Blog
        Treat your CJ blog as your online hub to promote your work and
        build an audience.


             Search Engines:                           Social Media:
             - Google                                  - Twitter
             - Yahoo!                                  - Facebook



                                     CJ Blogs


         Media Distribution:
         - Picasa                                      Media Partners:
Photo
         - Flickr                                      - MalaysiaKini.TV
                                                       - MalaysiaKini.com
Video    - Youtube                                     - KomunitiKini.com

         - BlogMalaysia.com
Articles - Sarawak-bloggers.com
8

Content and Distribution: Search Engines
Search engines are your friend – they help you build audience and
revenue.
But you have to help them first!


1. Text: Search engines “read” text, not photos, or videos

   Do: Use text to label photos and videos – title, caption, tags

2. Focus: Search engines “understand” the content of a blog and posting
   when content is focused on a few topics.

   Do: Create a short list of topics to guide your coverage

   Do: Try to make one out of two posts about your “guiding topics”

3.Frequency: Search engines will visit more frequently, if you post
   frequently

   Do: Post as regularly as you can. Even short posts or photo posts will do.
9

Content and Distribution: Search Engines
Search engines rank your blog based on how engaged your blog is
with other sites.


It’s all about links!


4. Links and Embeds: The more links to your blog and from your blog to
   relevant information, the higher your blog’s importance will be.

   Do: Develop as many relevant links and embeds to your blog as possible
        A. Blogrolls: Create a list of blogs that you follow about your topics
           or location.
        B. Link Exchanges: Encourage “related bloggers or sites” to
           exchange links with you.

   Do: Use links in a text post to your blog.
        A. Places or Organizations: Add a link to their websites
        B. People: Add a link to their blog, resume page, or social media
           page (is they have one).
10

Content and Distribution: Social Media
Social media expands your audience and improves your search
engine importance.


5.                : Short updates from you and your blog, including text,
     photos, and VERY SHORT (<10 sec) video.

     Do: Set-up a twitter account and feed for your CJ blog (twitterfeed.com)
         Include your location when you sign up so people can find you.

     Do: Find and “follow” other related Twitter users (your town, your topics)
         If you “follow” them, they are likely to “follow” you.

     Do: Join relevant Twitter Directories like TwitterMalaysia.com


6.                 : You can also build distribution for your blog from your
     personal Facebook page.

     Decide: Do you want to distribute blog articles to your personal page?

     Can: Set-up a “feed” to automatically send your twitter/blog info to FB.
11

Content and Distribution: Media Distribution
Media distribution sites like Youtube and Flickr can also drive new
audience for your blog.

 Video: Embeds or links to videos build your blogs importance and
  increase views.

   Do:   Use Youtube to embed your videos in your blog;
Do: Find other YouTube videos to show and comment on
   (Remember text matters).

 Photos: Photo galleries can also be created with Flickr, Picasa for your
  blog.

   Decide: If you want to include photos in your coverage, subscribe to a
   photo sharing service (like Flickr or Picasa).
   Do: Add photo galleries to your blog for comment and discussion.


 Blog Directories: Popular blog directories can also create traffic for
  your content.
12

Content and Distribution: Chinese (华语)
If you are blogging mostly in Chinese, also consider China-based
Internet services to reach your audience.

 Search: Google =>Baidu.com, Sohu.com


 Video: Youtube =>Youku.com, Tudou.com


 Photo:Flickr =>Bababian.com


 Social Media:

  Twitter =>Twitter.com, Sina.comMicroblog

  Facebook => Kaixin001.com, RenRen.com, Douban.com
13

Revenue Tools
As your blog audience builds, you can add revenue tools to your site.

 Donations: Volunteer contributions from your most loyal audience


 Advertising: Lots of options, most depend on traffic volume and focus

   Ad Networks: Simple to install. Another third party company sells the
   ads and you display them on your blog.

   Sponsorship: Similar to a Donation, but from a business instead of an
   individual. Often a message is displayed “Sponsored by___________”

   Ads: Requires a regular sales force and technology to sell, collect and
   display the ads.


 Commerce: Selling product for yourself or for other companies

 Syndication: Selling new or past work to third party media companies.
14

Revenue Tools: Donations
Voluntary donations can build a small revenue base from your most
loyal audience.

 Do: Choose the simplest method for your audience to contribute
  “Widgets” exist for your blog, mostly using PayPal




 Do: Suggest an amount for regular donations


 Do: Ask for donations to fund a specific
  project like a specific story.




          http://vimeo.com/2041615
15

Revenue Tools: Advertising
Ad networks provide the simplest and the least “conflicted” type of
advertising for CJ blogs.

 Ad networks do the selling for you.

 Protects your independence from large advertisers.
  - Ad networks do not tell advertisers where their
    advertisement appears.

 Ad networks depend on click-through on particular
  ads to make money.
  - To make money focus your content and build
    a large audience

 Visually, ad network ads come in a lot of different forms,
  so they are not too disruptive to your blog.
16

Revenue Tools: Advertising
In Malaysia there are two primary ad networks to work with –
Google AdSense and NuffNang. Microsoft also has a small presence.

 Google Adsense:
  - Introduction Page
  - Can be added quickly with an addition of an embedded piece of code
  - Best results come from experimentation with type of ad and placement

 Nuffnang

   - Malaysian based blog ad network
   - Offices in KL, Penang, Singapore, Manila and Melbourne
   - Blog needs to have at least 20 visitors daily on average to qualify
17

Revenue Tools: Commerce and Syndication
Two other revenue options exist though they are still emerging in SE
Asia.

 Commerce: Branded Blog Products Sales
  - For example: calendars, mugs, t-shirts, …
  - Often linked to a specific project
  - Limited revenue opportunity, require some special technology


 Commerce: Commissions
  - Sell products through your blogs
  - Limited inventory available in SE Asia
  - iTunes, Amazon, AliBaba, Rakuten all present obstacles to foreign sales
  - eBay Malaysia does have some programs but limited


 Syndication: Content Sales
  - Independent content sales mostly through blogs in English
        + Helium.com
        + Blogburst.com
  - Some photo and video citizen sales sites
        + AFP’sCitizenside
18

Summary
You can supplement your income with blog-based audience and
revenue programs.

 Build your blog audience
  - Search Engine Focus
  - Evaluate creating a social media presence on Twitter and Facebook
  - Distribute your content through media distribution sites


 Revenue depends on audience
  - Simple revenue tools exist to help you build a personal revenue stream
  - Audience drives everything, focused and large


 These tools for audience and revenue building will take a little trial and
  error, but are available now while broader programs are developed.

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Journalist as Entrepreneur

  • 1. Journalist as Entrepreneur Presented 28 August 2010 Kuala Lumpur, Malaysia
  • 2. 2 Example: Talking Points Memo - 19 February 2002 • Content: Blog on politics, government and policy • Audience: <10,000 • Revenue: - Syndication - Donations
  • 3. 3 Example: Talking Points Memo – 24 June 2004 • Content: Blog on politics, government and policy • Audience: ~500,000 • Revenue: - Syndication - Donations + Advertising
  • 4. 4 Example: Talking Points Memo – 26 April 2006 • Content: Blog on politics, government and policy + TPMuckraker – Leaks, Tips + TPCafé – Discussion • Audience: <1 million • Revenue: - Syndication - Donations - Advertising + Commerce • TPM Today: - 1.5 million
  • 5. 5 A few fundamentals:  You can make money as a citizen journalist.  You will need to develop multiple sources of revenue, not rely on just one. + Donations + Advertising + Commerce + Syndication + Offline revenues – training, speaking, …  Many of the tools needed are already at available to you now while other programs are developed.
  • 6. 6 There are a few simple steps to follow:  Step 1: Content Focus and Quality. Expertise matters.  Step 2: You need a place to show your product and build an audience. - Use your blogs as a way to develop an audience - Not just for articles, but also for video, photos, … Bigger the audience, the bigger the revenue potential.  Step 3: Add revenue tools to your blog.
  • 7. 7 Content and Distribution: The CJ Blog Treat your CJ blog as your online hub to promote your work and build an audience. Search Engines: Social Media: - Google - Twitter - Yahoo! - Facebook CJ Blogs Media Distribution: - Picasa Media Partners: Photo - Flickr - MalaysiaKini.TV - MalaysiaKini.com Video - Youtube - KomunitiKini.com - BlogMalaysia.com Articles - Sarawak-bloggers.com
  • 8. 8 Content and Distribution: Search Engines Search engines are your friend – they help you build audience and revenue. But you have to help them first! 1. Text: Search engines “read” text, not photos, or videos Do: Use text to label photos and videos – title, caption, tags 2. Focus: Search engines “understand” the content of a blog and posting when content is focused on a few topics. Do: Create a short list of topics to guide your coverage Do: Try to make one out of two posts about your “guiding topics” 3.Frequency: Search engines will visit more frequently, if you post frequently Do: Post as regularly as you can. Even short posts or photo posts will do.
  • 9. 9 Content and Distribution: Search Engines Search engines rank your blog based on how engaged your blog is with other sites. It’s all about links! 4. Links and Embeds: The more links to your blog and from your blog to relevant information, the higher your blog’s importance will be. Do: Develop as many relevant links and embeds to your blog as possible A. Blogrolls: Create a list of blogs that you follow about your topics or location. B. Link Exchanges: Encourage “related bloggers or sites” to exchange links with you. Do: Use links in a text post to your blog. A. Places or Organizations: Add a link to their websites B. People: Add a link to their blog, resume page, or social media page (is they have one).
  • 10. 10 Content and Distribution: Social Media Social media expands your audience and improves your search engine importance. 5. : Short updates from you and your blog, including text, photos, and VERY SHORT (<10 sec) video. Do: Set-up a twitter account and feed for your CJ blog (twitterfeed.com) Include your location when you sign up so people can find you. Do: Find and “follow” other related Twitter users (your town, your topics) If you “follow” them, they are likely to “follow” you. Do: Join relevant Twitter Directories like TwitterMalaysia.com 6. : You can also build distribution for your blog from your personal Facebook page. Decide: Do you want to distribute blog articles to your personal page? Can: Set-up a “feed” to automatically send your twitter/blog info to FB.
  • 11. 11 Content and Distribution: Media Distribution Media distribution sites like Youtube and Flickr can also drive new audience for your blog.  Video: Embeds or links to videos build your blogs importance and increase views. Do: Use Youtube to embed your videos in your blog; Do: Find other YouTube videos to show and comment on (Remember text matters).  Photos: Photo galleries can also be created with Flickr, Picasa for your blog. Decide: If you want to include photos in your coverage, subscribe to a photo sharing service (like Flickr or Picasa). Do: Add photo galleries to your blog for comment and discussion.  Blog Directories: Popular blog directories can also create traffic for your content.
  • 12. 12 Content and Distribution: Chinese (华语) If you are blogging mostly in Chinese, also consider China-based Internet services to reach your audience.  Search: Google =>Baidu.com, Sohu.com  Video: Youtube =>Youku.com, Tudou.com  Photo:Flickr =>Bababian.com  Social Media: Twitter =>Twitter.com, Sina.comMicroblog Facebook => Kaixin001.com, RenRen.com, Douban.com
  • 13. 13 Revenue Tools As your blog audience builds, you can add revenue tools to your site.  Donations: Volunteer contributions from your most loyal audience  Advertising: Lots of options, most depend on traffic volume and focus Ad Networks: Simple to install. Another third party company sells the ads and you display them on your blog. Sponsorship: Similar to a Donation, but from a business instead of an individual. Often a message is displayed “Sponsored by___________” Ads: Requires a regular sales force and technology to sell, collect and display the ads.  Commerce: Selling product for yourself or for other companies  Syndication: Selling new or past work to third party media companies.
  • 14. 14 Revenue Tools: Donations Voluntary donations can build a small revenue base from your most loyal audience.  Do: Choose the simplest method for your audience to contribute “Widgets” exist for your blog, mostly using PayPal  Do: Suggest an amount for regular donations  Do: Ask for donations to fund a specific project like a specific story. http://vimeo.com/2041615
  • 15. 15 Revenue Tools: Advertising Ad networks provide the simplest and the least “conflicted” type of advertising for CJ blogs.  Ad networks do the selling for you.  Protects your independence from large advertisers. - Ad networks do not tell advertisers where their advertisement appears.  Ad networks depend on click-through on particular ads to make money. - To make money focus your content and build a large audience  Visually, ad network ads come in a lot of different forms, so they are not too disruptive to your blog.
  • 16. 16 Revenue Tools: Advertising In Malaysia there are two primary ad networks to work with – Google AdSense and NuffNang. Microsoft also has a small presence.  Google Adsense: - Introduction Page - Can be added quickly with an addition of an embedded piece of code - Best results come from experimentation with type of ad and placement  Nuffnang - Malaysian based blog ad network - Offices in KL, Penang, Singapore, Manila and Melbourne - Blog needs to have at least 20 visitors daily on average to qualify
  • 17. 17 Revenue Tools: Commerce and Syndication Two other revenue options exist though they are still emerging in SE Asia.  Commerce: Branded Blog Products Sales - For example: calendars, mugs, t-shirts, … - Often linked to a specific project - Limited revenue opportunity, require some special technology  Commerce: Commissions - Sell products through your blogs - Limited inventory available in SE Asia - iTunes, Amazon, AliBaba, Rakuten all present obstacles to foreign sales - eBay Malaysia does have some programs but limited  Syndication: Content Sales - Independent content sales mostly through blogs in English + Helium.com + Blogburst.com - Some photo and video citizen sales sites + AFP’sCitizenside
  • 18. 18 Summary You can supplement your income with blog-based audience and revenue programs.  Build your blog audience - Search Engine Focus - Evaluate creating a social media presence on Twitter and Facebook - Distribute your content through media distribution sites  Revenue depends on audience - Simple revenue tools exist to help you build a personal revenue stream - Audience drives everything, focused and large  These tools for audience and revenue building will take a little trial and error, but are available now while broader programs are developed.