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M oving to multiple business models. Presented by: Christiana. Key words:. N iche audience: a small, select group of people that have a very unique interest .
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Moving to multiple business models Presented by: Christiana
Key words: Niche audience: a small, select group of people that have a very unique interest. Web2.0: is a concept that takes the network as a platform for information sharing, interoperability, user-centered design and collaboration on the World Wide Web.
Structure Market description and outlook From customers’ perspective From advertisers’ perspective From publishers’ perspective conclusion
The penetration of the Internet and mobile technology leads to multiple platforms for newspaper publisher to deliver news.
Newspaper business model Source: PricewaterhouseCoopers newspaper publisher survey
Estimated newspaper publishing market decline in OECD countries, 2007-2009 (in per cent) Source: OECD calculations based on data of PricewaterhouseCoopers LLP
Most Popular Online Sources of News in Australia Major newspaper sites 75% Local newspaper sites 29% Mainstream news organisations (news.com.au, ninemsn.com.au) 63% International news sites (The New York Times, The Guardian) 39% ABC.net.au 32% Search engines (Google, Yahoo!) 36% Blogs and news aggregators: Crikey etc 13% Social networking: Twitter, Facebook etc 25% Online news
Global newspaper publishing market by component vs. GDP growth Source: PricewaterhouseCoopers Consensus Estimate
Consumers have demonstrated a willingness to pay more for high value, topic-specific publications.
First choice of medium for news consumption (ignoring price) Source: PricewaterhouseCoopers newspaper consumer survey
Advertisers are searching for an integrated approach to achieve the best return on investment.
Global advertising expenditure by medium Source: ZenithOptimedia - December 2008
The process of defining and reaching target audiences Source: PricewaterhouseCoopers analysis
Template-based self-service options and business-to-consumer model remain an opportunity for newspaper publishers.
The structural change from channel distribution to content production Source: PricewaterhouseCoopers newspaper publisher survey
1. Compelling content across multiple platforms help deliver news and cater for different customers.
2. Constant dialogue and providing general news are still crucial for newspaper.
3. Cooperation with strategic partners can strengthen their proposition.
4. Technology offers potential values for newspaper publishers to add service and reinforce partnership with advertisers.
References Moberg, A, Johansson,M, Finnveden, G,Jonsson A,(2010) Printed and tablet e-paper newspaper from an environmental perspective — A screening life cycle assessment, Environmental Impact Assessment Review, Volume 30, Issue 3, April 2010, Pages 177–191, available: http://www.sciencedirect.com/science/article/pii/S0195925509000936 George, L(2007)What’s fit to print: The effect of ownership concentration on product variety in daily newspaper markets, Information Economics and Policy, Volume 19, Issues 3–4, October 2007, Pages 285–303, available: http://www.sciencedirect.com/science/article/pii/S0167624507000285 Leroch, M & Wellbrock, C(2011)Saving newspapers with public grants – The effects of press subsidies on the provision of journalistic quality, Information Economics and Policy, Volume 23, Issues 3–4, December 2011, Pages 281–286, available: http://www.sciencedirect.com/science/article/pii/S0167624511000321 McQuail, D(2010)McQuail’s Mass Communication Theory, the fifth edition, SAGE Publication Ltd, London
Video links: The Sunday Telegraph - Sunday's Best http://www.youtube.com/watch?v=fc4gnz5DCjs&feature=BFa&list=PLC1FAAD068EF7E20E&index=15 SMH Subscriptions Ad - The Herald "Read it Your Way" Package http://www.youtube.com/watch?v=HwBxXaiUEEo The digital challenge for America's daily newspaper http://www.youtube.com/watch?v=0CVGu-XiI34 Newspaper Industry Future http://www.youtube.com/watch?v=EAzPHkmBqzU&feature=related Inside Story Americas - The death of the newspaper? http://www.youtube.com/watch?v=troTyl2qfpE CNN: The Newspaper Industry in Decline http://www.youtube.com/watch?v=S9AtkO7eqIk Newspapers in Decline? Jeff Jarvis. http://www.youtube.com/watch?v=YjUeJH4mdF4&feature=related