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CITY MEDIA NETWORK CITYMEDIA NETWORK

Ind publisher Nov 2013

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Page 1: Ind publisher Nov 2013

CITY MEDIA NETWORK

CITYMEDIA NETWORK

Page 2: Ind publisher Nov 2013

The Digital Challenge

Why Bother?Need to Focus on Core Products Lack of Digital Products to SellLack of Sales ExpertiseLong tail – low revenueNobody is making $$ online

Page 3: Ind publisher Nov 2013

The MarketCase studies How Did they work?How were they sold?Options for your Newspaper

Reinventing Local Media

Overview

Page 4: Ind publisher Nov 2013

The Market has changed …

CITYMEDIA NETWORK

Multimedia

CITYMEDIA NETWORK

Page 5: Ind publisher Nov 2013

So has the Consumer!

Page 6: Ind publisher Nov 2013

Too ConfusingNo TimeToo Many OptionsToo ExpensiveWant ResultsMake it Easy for ME

Local Advertisers are overwhelmed

What are your Advertisers Saying

Page 7: Ind publisher Nov 2013

Canadian Survey of Advertisers

© 2011 Borrell Associates Inc. All rights reserved.

Page 8: Ind publisher Nov 2013

Non dailies getting more advertising

© 2011 Borrell Associates Inc. All rights reserved

Page 9: Ind publisher Nov 2013

67% Advertisers are looking for Advice

© 2011 Borrell Associates Inc. All rights reserved.

Page 10: Ind publisher Nov 2013

78% want MORE than just printSocial Networking support 31%

Web site design and hosting 31%

Lead generation programs 29%

Email solutions support 21%

Training in Digital Advertising/ Marketing 20%

Graphic design services 18%

Event marketing support 15%

Media planning and placement 15%

Graphic design services 18%

Self-serve display ad solutions 14%

© 2011 Borrell Associates Inc. All rights reserved.

Page 11: Ind publisher Nov 2013

Advertisers want solutions

Page 12: Ind publisher Nov 2013

Benchmarks for Digital

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Marketshare

45%

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Bundled: The Mountaineer – 3,800 circ.

Page 15: Ind publisher Nov 2013

Multimedia: Sold as Extended Distribution

Page 16: Ind publisher Nov 2013

Distributed: REACH LOCAL customers to Maximize Views

CITYMEDIA NETWORKCITYMEDIA NETWORK

Page 17: Ind publisher Nov 2013

Bundle approx 100 online ads/week with print

Page 18: Ind publisher Nov 2013

Facebook App

CITYMEDIA NETWORKCITYMEDIA NETWORK

Page 19: Ind publisher Nov 2013

Search ViewMens Hoodies in Saskatoon

Page 20: Ind publisher Nov 2013

Search Views

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Example of Top 10 Advertisers in Oct

1. Rainbow Ford Sales 17667 2. Lone_Pine_Oil_Patch__16901 3. Edwards Garage Ltd 166604. Revelations Hair Design 16621 5. FireSmart Canada 16463 6. Country Cottage Florist 15703 7. WOODYS RV WORLD 152518. Tamarack Liquor Store 15242 9. Bauer Flooring Company Ltd 13864 10.HANNAS SEEDS GREENHOUSE 13827

Page 22: Ind publisher Nov 2013

Where do the views come from?

CITYMEDIA NETWORKCITYMEDIA NETWORK

Page 23: Ind publisher Nov 2013

51% Higher Engagement for Advertiser

Page 24: Ind publisher Nov 2013

Publisher ad count 20% higher than industry

Page 25: Ind publisher Nov 2013

Extended Sales: Case Study Valley City

Page 26: Ind publisher Nov 2013

Added 23 vehicles – each had its own page

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Business featured on Home Page

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Profile Page/ Website

Includes: •Image or Logo•Geolocation Map•Social Media Links•Written Profile•Weblink•Click to Call•Click to Contact

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Logi

n P

age

CITYMEDIA NETWORKCITYMEDIA NETWORK

Results –115,000 views in one month

Average vehicle viewed over 2,500 times

Client added 27 vehicles over the month

Photos and online descriptions increased views

Contracted for monthly and moved $$ away from Autotrader

Page 30: Ind publisher Nov 2013

Extended: Publisher Results

• Monthly training calls with rep• Sell approx $1,000/month (lower rates than digital only)

• Substantial increase in traffic• Marketshare• Must advertise in print once a month• 20% increase in contracted advertisers

Page 31: Ind publisher Nov 2013

Digital Only

45%

Page 32: Ind publisher Nov 2013

Challenges

• Sales and internal client relationships• High Cost of Sales• Building Volume• Building Trust and Confidence• Goal – separate P&L for Digital

Process: Commissioned Rep, sell through seminars, some self serve,

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Sell Digital Only - KISS

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$75/month one promotion

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$250 /month unlimited promotions with E-commerce/ Coupon options (can be a website)

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$750/month full content support

Page 37: Ind publisher Nov 2013

Measurable Conversions

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Page 38: Ind publisher Nov 2013

Market Results

• www.ShopLocalLondon.com 250,000 views monthly

• Average revenue/ rep $4,000- $5,000/mo• 85% renewal rate on monthly packages• No initial traffic or branding

Page 39: Ind publisher Nov 2013

Choose Best Combination

Page 40: Ind publisher Nov 2013

Key Success Factors

• Multimedia means better results for your advertisers

• Bundled sales are much easier to sell• Advertiser must move up the grid to improve online results

• Continue to improve and educate clients with seminars, views etc.

• Longterm goal should be dedicated rep.

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CITY MEDIA NETWORK •

• Full exposure on 7 platforms including social media, mobile and local media.

• Promote ads, deals, news, products, events and more.

• Proven [email protected]

We Guarantee Local Online views!

Online Traffic GuaranteedOver 200 markets in CanadaProven results since 2006www.citymedia.ca

CITYMEDIA NETWORKCITYMEDIA NETWORK

In Partnership With