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VOICES HEARD MEDIA
  How Newspapers can make money
         in the Digital Age
•   Advertising Challenges
•   Advertising Solutions
•   Embedding ads within content
•   Participation-based Ads
•   Branded Experiences
•   Packaging an Event
•   Social Media Extensions
•   Added Value Services
Challenging Times
Newspapers are experiencing a number of challenges as
consumers take their readership from the traditional format to digital

•   Pay Wall– Newspapers have to decide how to make revenue
    from online readership. Some have introduced paid
    subscriptions, but this decreases reach.
•   Decreased Circulation– Younger generations are shying away
    from traditional subscriptions in favor of online news
    consumption.
•   Depressed CPM’s – Digital advertising surpassed print
    advertising in the U.S. last year and is projected to continue its
    growth at 15% a year. However, five companies own 60% of the
    digital advertising revenue, leaving a smaller pool of advertisers
    for newspapers.
•   Social Media – Sources can bypass news outlets and self-
    publish while targeting the same readers through social media.
•   Mobile – Mobile viewing presents an entirely new problem
    because the smaller screen makes it harder for content and
    advertisements to coexist.
•   Expectations – Advertisers and brands hold Internet
    advertisements to higher standards than other forms of media.
    Click-thru’s and conversions are the focus, not simply eyeballs.
What NOT to Focus On
To thrive in the current market, we must focus on the challenges
that we can lead in and affectively improve the marketplace.

To do this we must first know what not to focus on:

•   The percentage of the market is dominated by a few companies
•   Advertisers’ expectations and metrics on banner ads are solidly
    established and not readily to change in the near term

What to Focus On
The four challenges that offer the most opportunity and have a need
for leadership are in the areas of:
             1) Social media
             2) Depressed CPM’s
             3) Reaching younger generations
             4) Mobile advertising
Creating A New Experience
Social media and social media applications can be leveraged to
create new experiences and extensions for existing newspaper
content.

This creates interactive and engaging reader experiences that fully
embed your advertisers, without detracting from the reader’s
experience or impairing editorial standards.

Resolves Issues
Done correctly, this helps solve the issues around banner
blindness, and where to have ads placed within mobile newspapers
sites or apps.

Another benefit is that sponsoring content is different from other
offerings in the market place, empowering a sales team with the
ability to sell packages independent of traditional CPM’s.

Maximizing the Opportunity
By connecting your advertisers into your content, we can also begin
to shift the focus away from click thru’s to other metrics, such as
               - engagement
               - social media extensions
               - added-value services.
In the following slides we will cover ways in which publishers
have successfully integrated sponsors into social media to
create new value-added experiences.

Examples Covered
• Embedding Ads within Content
• Participation-Based Ads
• Branding Content
• Packaging an Event
• Adding in Social Media Extensions
• Other Added-Value Services
Embedding Ads Within the Content
The easiest way to get started is to sell traditional digital
ads (banners, block, and pre-roll ads) within social
media experiences. Advertisers are still receiving
increased value because their ads are now mixed within
the content portions of your newspaper’s website.
                                                                Ex. 1
Biggest Key: Readers will accept ads as long as they
are receiving value and are not berated.

Best Practices:
• Ex. 1 - Ads that overlap content should still allow
   content to be seen and should allow the reader to
   easily dismiss or skip over the ads

•   Ex. 2 – Embedded ad ratio should be somewhere
    around 4:1 (display four pieces of content for every
    one ad)




                                                    Ex. 2
Ads Displayed Based on a Readers Participation
Research conducted around SMS advertising showed that               Ex. 1
when users initiated an action and received information of
value back with an ad, they were 30% more likely to view
the ad favorably.

Psychologically, your readers are more apt to accept and
even click-thru on an ad when they have been given the
opportunity to participate or receive something of value for
free.

Examples:
Ex. 1 – After readers ask a question they must watch a pre-
roll video before seeing the answer.
Ex. 2 – Between questions 7 and 8 of a trivia game the
reader sees an advertisement.


                                                          Ex. 2


Our experience has shown this to be true. Ads displayed after
someone has taken action have a lower number of total impressions
but a higher click-thru rate.
What the Advertiser Wants?
Your advertisers want their brand first and
foremost to be seen. Due to the research
around banner blindness, advertisers know
the best place to be is where the content is
being displayed.

Even more valuable is to be where the
readers are actively engaging with your
content.

Branding the Experience
Basic integration can be executed by simply
adding a brand’s logo as a watermark. More
fully integrated experiences can include
advertiser colors, logos, and even their name
or slogan as the call-to-action.

Ex. “Unleash the Beast with the Monster
Tweet of the Day”

Don’t Forget!
These same experiences should be
leveraged to cross-promote other properties
and events.
Use print and advertising to reinforce your online
event or digital message.

News Sentinel example
The Knox News Sentinel ran an article about local
athlete Inky Johnson following his book release.
This included a call-to-action sending readers to
ask him questions directly via their website,
knoxnews.com. The top questions asked then
informed the interview with Johnson, which was
subsequently recorded.

TIMELINE – Print to digital
Sunday - article ran in print and online
discussing Inky’s new book and inviting readers to
ask him questions via knoxnews.com

Monday thru Thurs – Readers asked Inky
questions through VHM Q&A on website

Thurs – Online Q&A event closed for questions

Friday – Answers from Inky to top questions
posted to Q&A app online and article posted
Statistics

-   Inky Johnson answered 13 out of 26 questions
    readers asked

-   Knox News Sentinel received more than
    13,000 unique visitors

-   17,700 page views


This type of event is highly sellable to advertisers
as it can be packaged as an online purchase with
in-paper advertising.

This event also generated the content for 2
articles!
Social Landing Pages
Advertisers are always looking to buy fully
branded destination pages. These pages can
exist on your website and/or on your social
network pages, i.e. Facebook Tabs.

Best Practices
The best way to execute this kind of campaign is
for the publisher to create a Facebook Tab as
well as a destination page on their website.

Here, the Facebook Tab banners link to the
destination page on the publisher’s website, and
the banner ads on the web page point to the
sponsor’s website.




Note:
In order to conform to Facebook’s advertising
standards, all banner ads on the tab must link back to a
page on the publisher’s website.
Email Newsletter Sign Ups
Businesses big and small all look to increase
their email databases to better re-market
and target consumers.

The key is how to get users to willingly sign
up for their newsletters.

Solution
For sponsors looking to capture email
addresses, simply offer them the opportunity
to sponsor your next contest or
sweepstakes. In exchange, not only will the
sponsor be branded into the event but any
users participating in the contest or
sweepstakes will be asked to sign up for the
sponsors newsletter.

This is perfectly fine as long as signup is not
a requirement to be entered into the
event, and as long as the user has the ability
to opt out of the newsletter registration.
Mobile Content and Couponing
Other ways to increase value to advertisers is by
looking at campaigns that are more focused in and
around the mobile experience.

These experiences typically consist of the reader
consuming content outside the confines of their home
- whether it is a live event, restaurant, or being
distributed through an out-of-home media outlet (i.e.
digital signage, in-store broadcast).

The most difficult part is getting readers to the correct
web address. The key here is to give the reader a
simple and easy way to find the content on their
mobile phone. The simplest ways today are by
providing a short URL, SMS text message, and/or a
QR code. None of these methods are ideal but they
are doable. (Good news - other forms of technology
are being tested now to make this much easier and a
more fluid experience).

After the reader interacts with your content, you then
have the opportunity to thank them by responding with
a coupon. Based on the reader’s location, this coupon
could be used to make an immediate purchase and
provide the advertiser with conversion metrics.
How newspapers Can Make Money in a Digital Age

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How newspapers Can Make Money in a Digital Age

  • 1. VOICES HEARD MEDIA How Newspapers can make money in the Digital Age
  • 2. Advertising Challenges • Advertising Solutions • Embedding ads within content • Participation-based Ads • Branded Experiences • Packaging an Event • Social Media Extensions • Added Value Services
  • 3. Challenging Times Newspapers are experiencing a number of challenges as consumers take their readership from the traditional format to digital • Pay Wall– Newspapers have to decide how to make revenue from online readership. Some have introduced paid subscriptions, but this decreases reach. • Decreased Circulation– Younger generations are shying away from traditional subscriptions in favor of online news consumption. • Depressed CPM’s – Digital advertising surpassed print advertising in the U.S. last year and is projected to continue its growth at 15% a year. However, five companies own 60% of the digital advertising revenue, leaving a smaller pool of advertisers for newspapers. • Social Media – Sources can bypass news outlets and self- publish while targeting the same readers through social media. • Mobile – Mobile viewing presents an entirely new problem because the smaller screen makes it harder for content and advertisements to coexist. • Expectations – Advertisers and brands hold Internet advertisements to higher standards than other forms of media. Click-thru’s and conversions are the focus, not simply eyeballs.
  • 4. What NOT to Focus On To thrive in the current market, we must focus on the challenges that we can lead in and affectively improve the marketplace. To do this we must first know what not to focus on: • The percentage of the market is dominated by a few companies • Advertisers’ expectations and metrics on banner ads are solidly established and not readily to change in the near term What to Focus On The four challenges that offer the most opportunity and have a need for leadership are in the areas of: 1) Social media 2) Depressed CPM’s 3) Reaching younger generations 4) Mobile advertising
  • 5. Creating A New Experience Social media and social media applications can be leveraged to create new experiences and extensions for existing newspaper content. This creates interactive and engaging reader experiences that fully embed your advertisers, without detracting from the reader’s experience or impairing editorial standards. Resolves Issues Done correctly, this helps solve the issues around banner blindness, and where to have ads placed within mobile newspapers sites or apps. Another benefit is that sponsoring content is different from other offerings in the market place, empowering a sales team with the ability to sell packages independent of traditional CPM’s. Maximizing the Opportunity By connecting your advertisers into your content, we can also begin to shift the focus away from click thru’s to other metrics, such as - engagement - social media extensions - added-value services.
  • 6. In the following slides we will cover ways in which publishers have successfully integrated sponsors into social media to create new value-added experiences. Examples Covered • Embedding Ads within Content • Participation-Based Ads • Branding Content • Packaging an Event • Adding in Social Media Extensions • Other Added-Value Services
  • 7. Embedding Ads Within the Content The easiest way to get started is to sell traditional digital ads (banners, block, and pre-roll ads) within social media experiences. Advertisers are still receiving increased value because their ads are now mixed within the content portions of your newspaper’s website. Ex. 1 Biggest Key: Readers will accept ads as long as they are receiving value and are not berated. Best Practices: • Ex. 1 - Ads that overlap content should still allow content to be seen and should allow the reader to easily dismiss or skip over the ads • Ex. 2 – Embedded ad ratio should be somewhere around 4:1 (display four pieces of content for every one ad) Ex. 2
  • 8. Ads Displayed Based on a Readers Participation Research conducted around SMS advertising showed that Ex. 1 when users initiated an action and received information of value back with an ad, they were 30% more likely to view the ad favorably. Psychologically, your readers are more apt to accept and even click-thru on an ad when they have been given the opportunity to participate or receive something of value for free. Examples: Ex. 1 – After readers ask a question they must watch a pre- roll video before seeing the answer. Ex. 2 – Between questions 7 and 8 of a trivia game the reader sees an advertisement. Ex. 2 Our experience has shown this to be true. Ads displayed after someone has taken action have a lower number of total impressions but a higher click-thru rate.
  • 9. What the Advertiser Wants? Your advertisers want their brand first and foremost to be seen. Due to the research around banner blindness, advertisers know the best place to be is where the content is being displayed. Even more valuable is to be where the readers are actively engaging with your content. Branding the Experience Basic integration can be executed by simply adding a brand’s logo as a watermark. More fully integrated experiences can include advertiser colors, logos, and even their name or slogan as the call-to-action. Ex. “Unleash the Beast with the Monster Tweet of the Day” Don’t Forget! These same experiences should be leveraged to cross-promote other properties and events.
  • 10. Use print and advertising to reinforce your online event or digital message. News Sentinel example The Knox News Sentinel ran an article about local athlete Inky Johnson following his book release. This included a call-to-action sending readers to ask him questions directly via their website, knoxnews.com. The top questions asked then informed the interview with Johnson, which was subsequently recorded. TIMELINE – Print to digital Sunday - article ran in print and online discussing Inky’s new book and inviting readers to ask him questions via knoxnews.com Monday thru Thurs – Readers asked Inky questions through VHM Q&A on website Thurs – Online Q&A event closed for questions Friday – Answers from Inky to top questions posted to Q&A app online and article posted
  • 11. Statistics - Inky Johnson answered 13 out of 26 questions readers asked - Knox News Sentinel received more than 13,000 unique visitors - 17,700 page views This type of event is highly sellable to advertisers as it can be packaged as an online purchase with in-paper advertising. This event also generated the content for 2 articles!
  • 12. Social Landing Pages Advertisers are always looking to buy fully branded destination pages. These pages can exist on your website and/or on your social network pages, i.e. Facebook Tabs. Best Practices The best way to execute this kind of campaign is for the publisher to create a Facebook Tab as well as a destination page on their website. Here, the Facebook Tab banners link to the destination page on the publisher’s website, and the banner ads on the web page point to the sponsor’s website. Note: In order to conform to Facebook’s advertising standards, all banner ads on the tab must link back to a page on the publisher’s website.
  • 13. Email Newsletter Sign Ups Businesses big and small all look to increase their email databases to better re-market and target consumers. The key is how to get users to willingly sign up for their newsletters. Solution For sponsors looking to capture email addresses, simply offer them the opportunity to sponsor your next contest or sweepstakes. In exchange, not only will the sponsor be branded into the event but any users participating in the contest or sweepstakes will be asked to sign up for the sponsors newsletter. This is perfectly fine as long as signup is not a requirement to be entered into the event, and as long as the user has the ability to opt out of the newsletter registration.
  • 14. Mobile Content and Couponing Other ways to increase value to advertisers is by looking at campaigns that are more focused in and around the mobile experience. These experiences typically consist of the reader consuming content outside the confines of their home - whether it is a live event, restaurant, or being distributed through an out-of-home media outlet (i.e. digital signage, in-store broadcast). The most difficult part is getting readers to the correct web address. The key here is to give the reader a simple and easy way to find the content on their mobile phone. The simplest ways today are by providing a short URL, SMS text message, and/or a QR code. None of these methods are ideal but they are doable. (Good news - other forms of technology are being tested now to make this much easier and a more fluid experience). After the reader interacts with your content, you then have the opportunity to thank them by responding with a coupon. Based on the reader’s location, this coupon could be used to make an immediate purchase and provide the advertiser with conversion metrics.

Editor's Notes

  1. Note about how it works with MSN – need test accountExample with political campaign.