Monday, September 8, 2008

Can Newspapers Be Saved? Here Are Some Ideas...

Building on the Newspaper discussion begun the other day, Search Engine Land has an article asking the question Can Newspapers Be Saved and how? The gist of it is:
  1. This is the standard one we always hear. Advertiser relationships are the biggest asset for newspapers (just as they as for yellow pages), so they must defend those relationships and extend them, acting as trusted resources to provide a broad base of advertising products.
  2. Sell everything your advertisers want. Not just newspaper, but IYPs (YellowPages.com, SuperPages and Dexknows are mentioned) and other local Internet traffic sources like CitySearch.
  3. Focus on phone calls. As we've discussed here, most advertisers are not focused on directing clicks and traffic to their websites, except as it drives phone calls. Their sites are typically not optimized for conversion and they are not set up to do rapid responses to emails, so just skip the middle man and send the phone calls directly.
Everything else in here has to do with sales. Invest in your team, keep it easy to sell (this is a key - package products together rather than making it a complicated sale that seems like you're nickle and diming them), and make sure your sales comp is aligned with the new product set.

Sounds like pretty good advice. Will newspapers take it? That's another story...


Can Newspapers Be Saved? Part 2: Potential Solutions

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