Can the $99 iPhone save newspapers?
I am not a card-carrying member of the Steve Jobs Cult by any means, but the smug “Mac vs. PC” commercials aside, when it comes to innovation and marketing savvy, I bow before Apple’s altar. Yesterday’s announcement of the “new” iPhone 3G S wasn’t greeted very warmly by some of its hardcore fan base (“Apple
How Much is a Magazine’s Content Worth? Part III
There will always be gatekeepers of one form or another, whether traditional publishers or the crowd-sourced variety. In both cases, the crowds are usually led by a few vocal minorities, and both have a history of chasing trends while ignoring new voices and ideas, so what’s old is basically new again. The true value of content is more measurable than it’s ever been, so publishers’ primary focus should be on curating great content that people are willing to pay for, and to organize and nurture a community around that content and the authors who create it. That community will exist in multiple places and spaces, and vary wildly in size; in some cases, they won’t be the least bit interested in having advertising invade their space, overtly or covertly.
Beware the Social Media Kool-Aid
“Be a little cautious of the social media kool-aid… It does work slowly over time, but if you need to get attention now, you still need to use traditional methods, too. Social media is not a replacement for anything; it’s an add-on, it’s another way of communicating. But don’t leave the other stuff behind, especially
In a time of crisitunity, you gotta have soul!
“Ad networks have scale and data, but they lack soul. Customers don’t join ad networks.” —John Battelle, Founder & CEO, Federated Media Federated Media’s Conversational Marketing Summit earlier this week was an unconditional success by any measure, particularly with regards to acheiving their goal of presenting insightful and instructive case studies of conversational marketing programs
Publishers should be idea advocates
I attended my second BookExpo America last Friday — walking the main floor, talking to several exhibitors and attendees, checking out a couple of panels, hanging out at the #beattweetup later that night — and came away with an odd sense of deja vu. It reminded me a bit of the last National Poetry Slam I attended as more
Conversational Marketing Summit: NY 2009
I’ll be attending Federated Media’s Conversational Marketing Summit the next two days — “an exclusive two-day event that brings together executives in social media and conversational marketing for a frank, real-world discussion around pressing issues, beckoning opportunities, and lessons learned.” While I hate the term “social media“, I like FM’s “Conversational Marketing” approach and think
How Much is a Magazine’s Content Worth? Part II
With advertising revenue less reliable than ever—overall ad spending declined another 15.1 percent in Q1 2009 (Bernstein’s Research)—this prolonged and brutal economic downturn will claim even more magazines before the year is over, requiring the rapid development of alternative revenue streams and pitting those still standing in an intriguing, high-stakes game of “Outwit, Outplay, Outlast”. One of the seemingly obvious steps to take would be to raise the deeply discounted subscription rates that were formerly subsidized by advertising, sending a clear message to readers (and advertisers) about the true value of the content being published. While most magazines would undoubtedly lose subscribers, the ones they retained would be more profitable, more engaged, and more responsive to relevant advertising and direct-to-consumer offerings.
How Much is a Magazine’s Content Worth? Part I
I’m no fetishist or luddite, though, and while I tend to favor print, my definition of a magazine is platform neutral. I’ve worked in magazine publishing for over 15 years now—from audience development to advertising sales, freelance editorial to events planning, corporate to DIY—and stand firmly with the digital generation that’s purportedly out mugging elderly newspapers in broad daylight, and striking fear in the hearts of cowardly and superstitious magazines in the middle of the night. Seeing subscription offers like the one above for Fast Company and Inc.—two solid print magazines devaluing their editorial content at only $.75/issue while simultaneously making it all available for free online—I think that the death of the current ad-supported model is inevitable and, arguably, a good thing.
On Memorial Day
Take a moment today to remember those who died, and those who came back less than whole. It’s not just a long weekend, and it has nothing to do with politics.
Hanging with the Estefans on Ellis Island
One of the best things about working for a publisher based out in the Midwest is that I sometimes get to play Peter Parker at events in New York City when no one from a particular magazine can attend. A few weeks back, it was the NY Round Table Writers Conference thanks to Writer’s Digest,