Posts Tagged ‘commercial partnerships’

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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How editors can contribute to commercial success

Sunday, October 24th, 2010

As commercial pressures increase on media businesses, editors are being urged to get more involved in supporting ad teams.  This can be fraught with difficulties.  Many “old school” editors struggle to fully understand and work within commercial constraints.  As advertisers increasingly seek ways to get more involved in editorial content there is a risk they will subtly influence editorial content to suit their own marketing objectives, to the detriment of providing independent advice to readers.  However, my experience of working in more specialist consumer and b2b markets shows that a commercially-minded editor with a strong specialist knowledge can dramatically improve the success of a media business across print, digital and events: (more…)

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Posted in b2b, consumer, content, people and culture

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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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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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