October 02, 2005

Week 5: Audience

This week, we'll be looking at one of the most critical elements of running a successful news site: knowing your audience. Your assignment for this week is at the bottom of this post ...

Intro: Whom would you rather be speaking to?

207.203.254.110

or

Bob Benz, 43, resident of Knoxville, TN, who is interested in alternative country music, literature, dogs

1. Targeting your audience.

Whom does Speakeasy target? The Post? AthensI?
Think about the various audiences in and around OU ...

It's critical that your site home in on a specific audience. The more general you are, the tougher it is to provide a satisfactory experience to everyone.

Remember: Department store vs. boutique
Fragmentation

Long tail phenomenon

Now let's assume we've targeted the audience we're seeking. That's only the beginning of the job. One of the major advantages of the Internet is that it allows you to get very 1-to-1 with your audience. TV and newspapers have a very tough time doing that.

2. The basics: data you can easily glean from the web server

3. Getting personal: Ways to enhance user information

Audience management -- i.e. Tacoda

user: bbenz62@yahoo.com
pass: ohiouniversity

Now let's see what it looks like when we start pulling various data points together ...

4. The End Game: What you do with the data
We'll discuss this, and other strategies, during next week's discussion on advertising.

5. Assignment: Pick one of the following:

And analyze the site from an audience perspective.

Post your answers in the comments to this post. As always, the key is what you say, not how much you say ...

Posted by Bob Benz at 02:49 PM | Comments (12)

September 18, 2005

Week 3 lecture: The competitive landscape

In today’s class, we’ll look at a few real world examples that will help you get your head around the issues you’ll address in your final project.

Case studies

A. KansasCity.com

The goal: To get media outlets throughout the metro area to work together to drive traffic and build something bigger than any individual outlet could drive.

Kansas City Star was at the center

Pulled in TV, Radio and other groups. But over time, the portal unraveled.

Compare

KansasCity.com 2000

KansasCity.com 2005

B. BostonWorks.com

Notice the list of partners...

http://bostonworks.boston.com/

Common threat: Monster.com.

Seacoast Online (an Ottaway paper) promotes Boston Works on its jobs site

C. Knoxville News Sentinel and WBIR TV

PrepXtra-- News Sentinel
PrepXtra -- WBIR

GoVolsXtra -- Knoxville
GoVolsXtra -- Memphis

D. New Century Network

From Business Week article: "Started with $1 million each from Knight-Ridder, Tribune, Times Mirror, Advance Publications, Cox Enterprises, Gannett, Hearst, Washington Post, and New York Times, New Century seemed an entrepreneurial dream.
The Internet had just opened to the world, creating vast new competition for readers--and for the advertisers that pump $40 billion into newspapers. But it also gave newspapers a chance to capture national accounts that favored the one-stop-shopping convenience of TV and national magazines."

E. TBO.com

F. Aggregators

Oodle

So in summing up, here are key questions we should be asking in these situations:

  1. What is the goal of your partnership? What is the “win-win” for each side, and how will you define success?
  2. In entering the partnership, what are your risks? Could you end up giving a competitor an edge? Is there a danger of confusing your audience or diluting your marketing message?
  3. How will the partnership function? Who will give, who will take and how will that occur?
  4. What incentive does each partner have to remain in the partnership and ensure that it succeeds?
  5. What is your exist strategy? If the partnership doesn’t work out, how do you extract yourself from it with minimal impact on your existing business.

Click here for your lab assignment ...

Posted by Bob Benz at 03:57 PM | Comments (0)

Week 3 lab assignment

Here's your assignment for this week's lab. It will be a great time to start thinking about your final project. Make sure you review the sites we looked over in this week's lecture, and pay particular attention to the questions at the end of that post. They'll help you formulate your response here.

You are the new media director for the Deadtree Gazette, a 100k circulation newspaper in Deadtree, Okla., with a good website. It earns about $2.5m a year in revenue and is profitable. You have an average of 30k monthly unique users (about 30% of your print audience). A few key points and statistics:

As you survey the market, there are several potential media and non-media sites that you could try to partner with. Here are the candidates:

Your assignment:

Tell us what you’d do to try to expand your revenue and audience at the Deadtree Gazette. Take time looking over the options. You are welcome to consider other alternatives that might not be listed above. Don’t be afraid to be creative. Post your proposal as a comment to this blog entry. The proposal should be short. Three paragraphs, tops. You don’t need to fill in all the details. Just float a proposal and quickly state why you believe this is what senior management should do. I want you to spend most of your time thinking about what you'd do, not drafting a detailed plan of how you would do it.

Posted by Bob Benz at 03:30 PM | Comments (15)

September 05, 2005

Week 1 lecture: Journalism in Crisis

Here's a link to the lecture for week 1, Journalism in Crisis.

Posted by Bob Benz at 12:44 PM | Comments (0)