Archive for the ‘advertising’ Category

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Creating innovative ad campaigns in specialist markets

Saturday, March 12th, 2011

Finding new revenue sources in specialist media markets is tough: cover prices in print are capped by competitive pressures and subscriptions need to be keenly priced.  Circulation volumes are often limited, and rates for standard ad units are under pressure.  But niche publishers have a great asset in their passionate communities and strong reader relationships, and with the right approach this can be harnessed to create innovative ad campaigns for relatively large advertisers and bring in incremental revenue.  I was impressed by the story of how Military Times created a campaign for Intel, and think it has many lessons relevant to other specialist media businesses. (more…)

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Posted in advertising, consumer

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Media Pioneer: how Factory Media grew app revenues 26%

Sunday, February 13th, 2011

Many publishers are considering putting their magazine content into apps , to tap into the worldwide audience on Apple devices and increasingly android too.  But how to work out what to charge for and how to grow revenues?  Action Sports publisher Factory Media seems to have hit on a winning formula.  They are the latest Media Pioneer, for their impressive 26% growth in app revenues.  Here’s my take on the key reasons for their success: (more…)

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Posted in advertising, business strategy, consumer, content, marketing

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Top tips for ambitious media businesses in 2011

Sunday, January 16th, 2011

Over the last year, through my consultancy work, and running the Specialist Media Show, I’ve spoken to many specialist publishing businesses who are rapidly taking their publications into digital, events and other new businesses.  There seems to be a new mood of optimism, of engagement with the new opportunities, and many who experimented in 2010 are now seeing their reach and revenues expand.  So here are my top five tips for ambitious consumer specialist or business to business publishers, who have big plans for 2011. (more…)

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Posted in advertising, b2b, business strategy, consumer, content, events, marketing

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Secrets of successful commercial partnerships in specialist markets

Friday, June 18th, 2010

Growing commercial revenues from online publishing has provided a conundrum for specialist media businesses - they don’t have the volume of inventory to be attractive to ad networks and the CPMs are derisory - and their small commercial teams often lack skills to sell across multiple platforms.  But at the Specialist Media Show conference last month, delegates heard from specialist media owners Duncan Tickell of Magicalia and Paul Hood, latterly of Emap and now at Mirror group, and gurus such as Chris Parsons of Q5 Partners, on how to create simple, clever campaigns that grow clients’ business with tips that can be applied to niche markets. Here’s the top 5 insights: (more…)

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Posted in advertising, b2b, business strategy, consumer

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Successful commercial partnerships for media owners

Saturday, May 15th, 2010

Media owners are finding their advertising clients these days are far more demanding, expecting to be able to measure the real business value of their campaigns, rather than relying on the simple reach of any advertising activity.  Mere banners, links and MPUs are just not enough when the online ad market is awash with low-cost inventory.  So how can specialist media owners develop long-term, successful commercial partnerships in this tough environment?  I met yesterday with Duncan Tickell, MD of Magicalia, and Paul Hood, Head of Digital at Mirror Group, who are both taking part in a session at the Specialist Media Show Conference on 25 May on this topic, and picked up some insights, based on their campaigns for bike manufacturers, parenting clients and music publishers, that I believe can be used by large and small media businesses alike. (more…)

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Posted in advertising, b2b, business strategy, consumer

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8 social media strategies for publishers

Monday, April 19th, 2010

Rather than think of social media as a competitor, publishers of print and online content should consider this as a useful set of online tools to promote their content, stay in touch with customers and raise their profile online.  Here’s some practical ideas that pioneering publishers are already putting into practice, based on using social networks (Linked In, Twitter, Facebook), forums & Q&As and social content services (YouTube, slideshare, issuu…).  The full version of this article is to be published in the May/June edition of InPublishing, but here’s a taster of how social media can actually help your publishing business. (more…)

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Posted in advertising, b2b, consumer, content, events, marketing, news

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Creative commercial partnerships for media owners

Tuesday, February 16th, 2010

Advertisers are beginning to return to media owners, but in these uncertain times they are increasingly looking to share risk with the media owner, and seeking deals that link payment to response rates or even business generated from their campaigns. Is this the end of the fixed ratecard, where the advertiser places a bet on the efficiency of the media brand to meet their objectives and the response rate is the client’s problem? Should media owners’ revenues be dependent on the quality of the client’s creative or their ability to convert enquiries to sales? Are there ways to meet advertiser demands part-way? I don’t pretend to have all the answers, but here are some approaches that have worked for media brands I have been involved with, and could help you build a creative ad deal without undermining your commercial revenue: (more…)

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Posted in advertising, b2b, consumer

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5 Essentials for success in media sales

Monday, December 28th, 2009

Whether your media revenues rely on selling ad space, airtime, stands or sponsorship, for print, broadcast, events or digital media properties, you need to have a well-equipped media sales team.  Before you get into the HR issues of recruitment, training, development, time-management, incentives or performance management, what are the essential tools you as the media owner can provide to your media sales team that will help them generate the maximum revenue for you?  Here are my top 5 from my own experience managing successful media sales teams in print, events and digital.  Be tough on yourself - until you can award yourself top marks on all five don’t blame the sales team if you are underperforming! (more…)

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Posted in advertising, b2b, consumer, implementation, people and culture

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Hot topics for media owners in 2009

Monday, December 21st, 2009

What were the hot topics for media businesses in 2009?  What provoked discussion and debate?  Based on the stats from my own Penmaen Media blog, looking at both the number of views and the time spent on each article over the last year, some clear trends emerge.  I’ve summarised the top 5 topics, and included links to the most-read articles: (more…)

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Posted in advertising, b2b, business strategy, consumer, content, events, marketing

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Creating event sponsorship packages

Friday, September 11th, 2009

Many media owners are extending their brands into events, shows and conferences.  They have a head start in terms of knowledge of their audience, and the topics and suppliers that will grab their interest.  One new discipline, however, is building bespoke packages for sponsors.  I’ve done this in the past for consumer events at Emap, and am now encountering it again for a new b2b event I am launching next Spring (more details soon!).  For other media owners in a similar position, I thought it might be helpful to summarise the following tips in creating great event sponsorship packages: (more…)

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Posted in advertising, b2b, consumer, implementation, marketing

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