Public Relations & Social Marketing Insight
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Public Relations & Social Marketing Insight
Social marketing, PR insight & thought leadership - from The PR Coach
Curated by Jeff Domansky
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How leading American newspapers got people to pay for news

How leading American newspapers got people to pay for news | Public Relations & Social Marketing Insight | Scoop.it

Sometimes it feels like the 1970s in the New York Times and Washington Post newsrooms: reporters battling each other to break news about scandals that threaten to envelop the White House and the presidency of Donald Trump. Only now their scoops come not in the morning edition but in a tweet or iPhone alert near the end of the day.
It is like old times in another way: both newspapers are getting readers to pay, offsetting advertising revenue relinquished to the internet. After years of giving away scoops for nothing online, and cutting staff, the Times and Post are focusing on subscriptions—mostly digital ones—which now rake in more money than ads do.

Their experiences offer lessons for the industry in America, although only a handful of newspapers have a chance at matching their success. A subscription-first approach relies on tapping a national and international market of hundreds of millions of educated English-language readers and converting a fraction of those into paying customers. With enough digital subscribers—Mark Thompson, chief executive of the New York Times, believes his newspaper can get to 10m, from 2m today—the subscriptions-first model could (in theory) generate more profits than business models dependent on print advertising used to.

Jeff Domansky's insight:

Are newspapers on the way to a comeback with digital subscriptions?

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Newspapers Get Slammed Again: Ad Print, Digital Revs Dip

Newspapers Get Slammed Again: Ad Print, Digital Revs Dip | Public Relations & Social Marketing Insight | Scoop.it

To paraphrase Oscar Wilde: “The only thing worse than transitioning from a print to digital advertising model, is not transitioning from a print to digital advertising model.”
OK -- Oscar’s version was a lot pithier. But the paradox pretty well sums up the predicament faced by newspaper publishers, who not only must contend with declining print circulation and ad woes, but also face disappointing returns on the digital ad side, per the Pew Research State of the News Media Report.

According to Pew, U.S. newspaper publishers’ total advertising revenue sank 8% in 2015 compared to the prior year, with most of this decline due to continuing drops in print ads, which still make up 75% of total ad revenues, and fell 10% last year.

However, digital, long touted by publishers as the future of the industry, isn’t even close to making up for these drops: Digital advertising actually sank by 2% as well.

(Pew’s estimates for ad revenue are based on its analysis of results from seven large, publicly-traded newspaper publishers; Pew notes that the Newspaper Association of America stopped reporting official revenue figures for the industry back in 2013)....

Jeff Domansky's insight:

Newspapers continued their seemingly irreversible decline in revenue according to the latest Pew research.

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write, edit, blog: Why old media still smashes it when things really matter

write, edit, blog: Why old media still smashes it when things really matter | Public Relations & Social Marketing Insight | Scoop.it

So these young men and women, who are highly savvy when it comes to new media, and how to spread news using it, had no idea that you can buy space for a personal announcement in a print product and its online equivalents.


I suspected that they'd see me as a media dinosaur for feeling it was important to mark such an important life event in print. But they didn't. In fact, they all thought it was really cool.


So Bea hung fire on the Facebook update until The Times announcement was published, and then did a screen grab from The Times iPad app that became her Facebook post. Then she bought five copies of the paper.


Of course, many more people saw that Facebook announcement than heard of the engagement from The Times.


But I learned that it really mattered to these new-media natives that the first announcement came in the paper-of-record environment of the Times....

Jeff Domansky's insight:

Remember print? Andy Bull shows why print still matters with a personal anecdote.

rodrick rajive lal's curator insight, January 2, 2016 6:58 AM

Old media still works, that is print media at least in the form of printed newspapers, billboards and hoardings, banners and leaflets. It might be surprising for many to know that information technology has yet to  reach millions of people in rural areas, and many developing countries. The old world charm of seeing a marriage announcement in a newspaper beats anything that appears on electronic media. In many cases, the hard copy of a document is better than the soft copy! 

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Newspapers Reach Record Numbers Online -- But Revenues Don't Follow

Newspapers Reach Record Numbers Online -- But Revenues Don't Follow | Public Relations & Social Marketing Insight | Scoop.it

Newspapers’ total online audience is not only bigger than ever, it’s growing at about twice the rate of the Internet overall, according to the latest figures from the Newspaper Association of America.

But these impressive numbers, while undoubtedly a testimony to consumers’ high engagement with newspaper brands, also serve to highlight the industry’s continuing challenges in monetizing their online audiences....

Jeff Domansky's insight:

Where's the money in traditional publishing? Someday it will be in digital, but not yet.

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Young subscribers flock to old media

Young subscribers flock to old media | Public Relations & Social Marketing Insight | Scoop.it

As President Donald Trump wages daily war against the press, millennials are subscribing to legacy news publications in record numbers—and at a growth rate, data suggests, far outpacing any other age group.

Since November's election, the New Yorker, for instance, has seen its number of new millennial subscribers more than double from over the same period a year earlier. According to the magazine's figures, it has 106 percent more new subscribers in the 18-34 age range and 129 percent more from 25-34.

The Atlantic has a similar story: since the election, its number of new subscribers aged 18-24 jumped 130 percent for print and digital subscriptions combined over the same period a year earlier, while 18-44 went up 70 percent.

Newspapers like The Washington Post and The New York Times typically do not share specific subscriber data, but according to a Post spokesperson, its subscriber growth rate is highest among millennials. A New York Times representative relayed that the paper was “seeing similar trends” in subscriptions and pointed to public data on digital traffic that showed its online reach among millennials to be up 9 percent from the same period a year ago.

Jeff Domansky's insight:

Newspaper subscriptions growing again? By millennials?  You betcha.

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Newspapers Trail As Political News Sources

Newspapers Trail As Political News Sources | Public Relations & Social Marketing Insight | Scoop.it

Inspiring equal parts awe and horror, the quadrennial orgy of spin, lies and patriotic pablum that is the U.S. presidential election is obviously a news bonanza. But that doesn’t mean every news medium benefits equally. According to a new report from Pew Research Center, newspapers are lagging far behind other providers as a source of political news.

According to Pew, 91% of American adults received some news about the presidential election in the last week (the other 9% presumably being the fabled “low information” or “no information” voters).  When it came to specific news providers, 24% of respondents said they considered cable TV news the “most helpful” source of information, followed by social media at 14%, local TV also at 14%, Web sites or apps, at 13%, and radio at 11%.

Further down the totem pole were network nightly news, at 10% and late-night TV comedy at 3%. Only then did the local newspaper appear in the Pew ranking, equal with late-night comedy at 3%. National newspapers were even lower down, cited by just 2% of respondents as the most helpful source of political news....

Jeff Domansky's insight:

Cable TV is leading as the primary source of news about the presidential election at 24% followed by social media at 14%? I'm really surprised that social media isn't a bigger source. 

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How The Seattle Times shares to social media

How The Seattle Times shares to social media | Public Relations & Social Marketing Insight | Scoop.it

The Seattle Times—and many publishers like them—is in an interesting place.


These are some of the big challenges that The Seattle Times, one of the largest daily newspapers in the Western U.S., has looked to solve. And solve they have!


With huge increases in social traffic and a smart and simple content workflow, The Times has made grown by leaps and bounds with its new social media strategies. Here’s a bit more about the tools and workflows that are helping them reach the next level on social media.

Jeff Domansky's insight:

Lots of valuable lessons for social marketing and content marketing pros.

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