Archive for the ‘advertising’ Category

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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

2 Comments »

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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Opportunities for publishers to grow online ad revenues

Saturday, September 5th, 2009

If you are a print publisher with a companion website, is it driving enough ad revenue? Does your web ad strategy need a refresh?  Could you find more opportunities to offer to your advertisers?  Here are some simple tips that could help you innovate and grow your ad revenues: (more…)

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Posted in advertising, business strategy, consumer, implementation

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Success in online ad sales for traditional media businesses

Thursday, May 7th, 2009

A dramatic increase in the supply of online inventory and a decline in advertiser demand are putting severe pressure on online ad rates.  Online sales teams in traditional media businesses are struggling to turn increased traffic into extra revenue, and compare poorly to “old media” sales teams on efficiency measures.  Internal competition is often exacerbated by incentive schemes that encourage the trad media team to hold back on client leads for their online colleagues.  Yet the old media ad revenues are in inexorable decline, and there is no option but to keep learning and investing, however tempting it may be to outsource online sales.  Here are five essentials for success in online ad sales for traditional media companies.  I’m indebted to European media consultancy and online sales gurus at Red Door who have extensive expertise in this field. (more…)

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Posted in advertising, business strategy, consumer

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Grow your ad yields with video and audio

Tuesday, April 21st, 2009

A year ago, online publishers could still achieve good yields from traditional banner-style inventory for their core clients, to access a targeted and responsive audience: £15-20 CPM was not unknown.  However, the ad market is now flooded with inventory and the growth of behavioural targeting means that the lifestyle sites can offer tighter targeting, but at far lower CPMs.  So how can the niche online publisher achive higher yields?  With the growth in editorial video and audio, there are now opportunities to create more interactive, engaging ad formats.  I recently met with one company, Adswizz, who offer a range of video and audio adserving technology that can integrate directly into publishers’ existing video serving and ad serving systems, so you don’t need to change your supplier.  Here are some examples of the formats they have developed for other online publishers: (more…)

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Posted in advertising, implementation, news

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