Newspapers Fight Communication Revolution

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Newspapers Fight War With Communication Revolution: Is it the death of newspapers?

Moments define us as people. Moments define historical times.

Now, the world is knee deep in a communication revolution defined by the moment consumers began choosing social media communication and cell phone texting over traditional communication methods.

Most people receive text alerts of daily news on their cell phones or have applications that feed it to them directly, removing the need for purchasing a printed newspaper. This creates a challenge for businesses to reach consumers with a method they understand.

NEWSPAPER DECLINING NUMBERS PREFACE CHANGE
On April 27, 2009, New York Times reporter Tim Arango reported that just in 2009 newspaper sales had declined by 7 percent on average, which may not sound like a resounding cry for help, until you hear all of the statistics.

The top 25 newspapers in the U.S. all, in 2009, reported declines in circulation except for the Wall Street Journal, primarily because it is a must have for businesses and investors. According to the Audit Bureau of Circulations, in the 2009 New York Times article, the New York Post reported a 20.6 percent decline in its circulation! (click to read Arango’s full article)

“One shouldn’t be in denial that this represents people quitting newspapers to get news from the Web,” Mr. [Rick] Edmonds said. Edmonds during the interview was the media business analyst at the Poynter Institute, a nonprofit organization that owns The St. Petersburg Times in Florida.

Gannett, the largest newspaper publisher in the U.S., has reported an increase in profits for the second quarter of 2010. The company’s secret however is not printed newspapers, it is other magazines as well as a Yahoo partnership for online advertising using behavioral analysis of online readers. (read more…)

COMMUNICATION REVOLUTION EXPANDS BUSINESS CHALLENGES
Since the fall of 2008, newspaper sales have declined at an accelerated rate, confusing many business owners about how to reach consumers.

“Newspaper Web sites attract more than 73 million unique visitors each month, on average, according to an analysis by Nielsen Online for the Newspaper Association of America,” (Business Insider the Wire, July 16, 2010).

Internet advertising expands a business’s reach a million times beyond what a printed newspaper can offer. With that benefit, comes a challenge in understanding the World Wide Web, what online advertising sites work and for who.

This is precisely why newspapers, magazines and other print publications are now focusing more heavily on online readership offering partnerships with Google, Yahoo and other behavioral-based search engines to produce online advertising in an effort to ward off the death of newspapers.

Rick’s List, a CNN news program, hosted by journalist/anchor Rick Sanchez raised the consumer and news interaction level by allowing Tweets on-air during the show. Sanchez covers news based on his chosen Twitter lists and feeds and fans can message him during the two hour TV program. He single handedly changed consumers interaction with TV news, yet, print publisher seem married to stagnet written material rather than interactive reader experiences. Webinars or online community meetings could even be options for online newspapers.

Advertisers now rely on paid online advertising, social media advertising both paid and free as well as article submission sites to influence consumers.

If texts are preferred over cell phone calls, as reported in the Wall Street Journal, then I wonder what our children will be talking about when the next communication revolution breaks.

Will printed newspapers be alive then? ……I’d confidently guess no.

To contact DREAMFly Marketing, click here.

About Camden Smith

Camden Smith has written 77 posts for Marketing Magnetics.

Camden Smith owns DREAMFly Marketing with 16 years in strategic marketing and television journalism. Her cutting-edge, aggressive marketing skills have earned her numerous awards. Smith lives in Naples, Florida with her daughter London.



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