Feb - Local Media Association
Transcription
Feb - Local Media Association
WWW.LOCALMEDIA.ORG ● ● ● ● ● ● INNOVATE | EDUCATE | INSPIRE Meet the faculty The faculty consists of some of the brightest digital minds in North America and Europe representing a wide range of media companies. All are having great success when it comes to growing digital revenue albeit in a number of different ways. Digital Revenue Summit announced T ADDRESS SERVICE REQUESTED Local Media Association PO Box 450 Lake City, MI 49651-0450 PRSRT STD US Postage PAID Sound Publishing 98204 is partnering with The Blinder Group to present the Digital Revenue Summit, an event completely focused on helping local media companies set and execute aggressive strategies for digital revenue growth. This edgy, fast paced program will run May 4-5 at the University of Chicago Booth School of Business Gleacher Center in Chicago. Over the course of the productive two-day gathering, attendees will learn the most relevant and emerging digital revenue practices of the day. LMA President Nancy Lane and The Blinder Group President Mike Blinder have personally spearheaded the agenda planning and have assembled a team of top-notch faculty members to share expertise and intelligence on the leading revenue generating digital initiatives. The program will showcase actionable, take to market ideas and strategies that can be implemented quickly with existing resources. "What we try to do at this conference is to laser focus on how to make money today, with the media assets that are available today,” says Blinder. “Each session is designed around revenue growth and each attendee will develop actionable ideas and takeaways they can use right away in their own market” What you can expect The Digital Revenue Summit will feature a faculty led program digging deeply into the various components of a hard-hitting digital marketing strategy. Energized thinking, specific intelligence and ‘how to’ advice throughout this interactive program will cover hot topics like: n Native/content marketing n Mobile n Video n Digital agencies n I ntegration with core products n Audio n Programmatic n E-commerce n Sales & structure n Audience extension ecruitment & nR retention ase studies, success nC stories, lessons learned and growth plans for 2016 and beyond. The faculty will convey practical and useful insights on the goals they are setting in these arenas, how they will be accomplished, where they will invest, how they will staff new initiatives, what R&D partners they use and projected ROI’s. CONTINUED ON PAGE 3 Georg Burtscher Managing Director, Marketing & Sales/ Russmedia Digital (Austria) There is no doubt that Europe is ahead of North America when it comes to monetizing mobile and Burtscher Georg Burtscher will share how his company is achieving 25% of digital revenue coming from mobile. He’ll also bring solid expertise on content marketing/native, agency and e-commerce on digital priorities for the next 18 months. Jeff Folckemer Completely focused on helping local media companies set and execute aggressive strategies for digital revenue growth he year 2016 will see digital revenue skyrocket to close to 40% of local ad spend and if there’s ever a time to double down on your efforts in this space, it is now. To that end, LMA t FEBRUARY 2016 ● ● ● ● ● ● Today » President of Affiliate Relations & Technology, LocalEdge/SVP Hearst Newspapers LocalEdge is Hearst’s local digital marketing services and digital and print Jeff Folckermer directories company and as president, Folckemer is leading the growth of the local digital marketing products and services initiatives. He’s got a lot of experience and wisdom about digital agencies and he’s bringing it to Chicago for this summit. What are the hottest products and services to focus on? Is this a profitable business model long term? Moreover, for those that don’t have an agency, is it worth starting one? Todd Handy VP Publisher Development, Tout and Former Senior Executive, Deseret Digital Media Handy was recently hired away from his top position at Deseret Digital Todd Handy Media to lead publisher development for Tout. He brings expertise in native advertising, programmatic, e-commerce, sales structure and of course, video. In his new role with Tout, he is working with hundreds of media companies to create and monetize video in a number of different ways. He’ll bring his huge bundle of knowledge to Chicago! Samantha Johnston General Manager, The Aspen Times/ Swift Newspapers Johnston is one of the industry’s most progressive leaders on the operational side and has significantly led Samantha both print and digital revenue growth Johnston during her tenure in Aspen. A huge part of her strategy is a commitment to digital growth and she’ll share intelligence about her sales approach, their investment in a major video strategy, changes in culture and more. Tim Murphy VP Digital Strategy & Enterprise Platforms, Entercom Communications In his work at Entercom, one of the most progressive radio companies in North America, Murphy is charged with Tim Murphy deepening Entercom’s engagement between its fans and its brands through web, mobile, social, and digital platforms. He’s bringing his deep expertise in promotions, email marketing, audio and much more to Chicago. 2 | LOCAL MEDIA TODAY | February 2016 Q & A with... Our credo is Innovate, Educate, Inspire. LMA provides leadership for its members and support for their endeavors including their pursuits of digital innovation and transformation, journalistic excellence, sales and marketing expertise, audience development, communitycentric initiatives and leadership values through the ongoing development and dissemination of powerful, innovative and valuable resources. LMA Headquarters: P.O. Box 450 Lake City, MI 49651-0450 888-486-2466; email: hq@localmedia.org www.localmedia.org LMA OFFICERS & DIRECTORS Chairman of the Board / SNI Vice Chairman / LMF Treasurer Gordon Borrell | Borrell Associates First Vice Chairwoman/SNI Treasurer Suzanne Schlicht | The World Company Second Vice Chairman Matt Coen | Second Street, Inc. Treasurer Mark Poss | Big Fish Works Secretary Robert Brown | Swift Communications Immediate Past LMA Chairman/ Current SNI Chairman Clifford Richner | Richner Communication, Inc. Directors: Myra Cortado | Calkins Media Chris Edwards | The Gazette Company Christian Hendricks | The McClatchy Company Eric Johnston | Pioneer News Group Kevin Kampman | Winston-Salem Journal Terry Kukle | Metroland Media Group Ltd. Chris Lee | Deseret Digital Media Peter Newton | Gatehouse Media Kerry Oslund | Schurz Communications Steven Pope | AZ Local Media J. Tom Shaw | Shaw Media LMA STAFF President Nancy Lane 312-631-3270 | nancy.lane@localmedia.org Vice President of Operations Al Cupo 215-256-6801 | al.cupo@localmedia.org Sales & Marketing Director Peter Conti 804-360-9434 | peter.conti@localmedia.org Classified Avenue Director of Sales Deanna Lewis 888-486-2466 | deanna.lewis@localmedia.org Sales & Marketing Manager Lindsey Leisher Estes 410-838-3018 | lindsey.l.estes@localmedia.org Training & Development Director Amie Stein 901.361.3642 | amie.stein@localmedia.org Local Media Today Editor Deb Shaw 888-486-2466 | debshawlma@gmail.com Accounting & Finance Director 888-486-2466 |Janice Norman Technology Directory 888-486-2466 | Abdul Khan Local Media Today is printed courtesy of Sound Publishing, Inc., the largest community news organization in the state of Washington. The digital edition of Local Media Today is published courtesy of Realview, a leading provider of stunning online and mobile publishing solutions. More about them at realviewdigital.com. “ Selling digital solutions to small-medium businesses, efficiently and at scale, is a puzzle that no one has really solved. Tons have tried. But no one has really nailed it. And yet venture capital continues to pour into the space. Why? It’s a massive opportunity, and those that ultimately win in the space will be important, game-changing companies. Local Media Today is published in print and digitally by the Local Media Association. LMA is a thriving and innovative association that serves local media companies (newspapers, TV, radio, directories, pure plays, and more) as well as several hundred research & development partners in the industry. LMA assists local media companies with the digital transition via cuttingedge programs, conferences, webinars, research and training. “ AN OFFICIAL PUBLICATION OF Jed Williams Vice President, Business Development and Strategy, Vendasta Director, Local Media Foundation Board (306) 955-5512 The startup perspective Q I want to draw on the interesting perspective you have from your varied work experience so please, enlighten us about it. Tell us about your career path so far. A Well, to start, I’m a media lifer. In the early days I was a high school newspaper editor and aspiring broadcaster calling varsity basketball games in musty gyms! The first chapter of my career was spent on the content side, as a radio and TV broadcaster…which now seems like a galaxy far, far away. But I’ve always been fascinated by media’s plight to transform, so I transitioned into business strategy. I began this chapter at BIA/ Kelsey – a media/advertising research firm and consultancy –ultimately becoming a senior analyst and leading the firm’s strategic consulting practice. It was a great gig that enabled me to work on a variety of challenges with a wide array of companies (media, startups, agencies, etc.) I’ve since led business development and partnerships for two startups: Main Street Hub, and now Vendasta. Funny thing is: I’ve never actually worked for a media company. But I’ve worked in and around so many of them in many ways different ways, which gives me a different perspective. Q What are your biggest takeaways from your time at Main Street Hub, a well-funded digital start up? A There are many. I think the biggest is: succeeding in local is hard. Selling digital solutions to small-medium businesses, efficiently and at scale, is a puzzle that no one has really solved. Tons have tried. But no one has really nailed it. And yet venture capital continues to pour into the space. Why? It’s a massive opportunity, and those that ultimately win in the space will be important, game-changing companies. The challenges for SMBs are multiplying. More technologies, more people selling to them, more fragmentation of their customer base, and less time. This requires smarter sales forces than ever, but also a necessary level of hand-holding. Sure, some may self-serve, but most need help. Main Street Hub is all-in on the do-it-for-me service model and wants to be the firm that cracks the local sales code. But I ask, why can’t it be local media companies? Q Your work at Main Street Hub exposed you to many digital disruptors. What lessons/best practices are common at these companies? And can you talk about how these lessons can translate for use at local media companies? A My biggest takeaway: obsessive focus on the mission/vision and the specific problems you’re solving. Obviously there aren’t the same legacy dependencies and considerations that local media companies are saddled with. But generally, successful disruptors don’t confuse purpose with outcomes. Instead of saying “we want to diversify our revenue streams” or “double our top-line,” they ask “what core problems are we trying to solve?” “Why are those important?” “What is our unique opportunity?” And then, “what is the economic engine?” And then they tie this to very specific KPIs and hold themselves ruthlessly accountable to these. That’s why it’s so important for local media to make prudent and grounded bets on digital growth. It’s neither about the sheer quantity of experiments, or setting a revenue goal and working backwards. It’s about solving problems that can only be identified by continuously listening to customers and using that as the engine for experimentation. Q Why do you think it is so hard for media companies to create cultures of disruption and innovation? A First, obviously, because for the longest time they didn’t have to. It was never a core competency. In fact, if you read “The Master Switch” by Tim Wu, he’ll tell you in wasn’t in their best interests. But creative destruction has happened so dramatically that to survive, sustain, and grow, media companies weren’t left with any alternative. But it’s not a switch that suddenly gets flicked on. And then, there’s this fixation with buzz words like “disruption” and “innovation” without a clear understanding of what these are. It’s sort of like what I was touching on above. Rather than trying to figure out how to disrupt ourselves – whatever that means – or innovate new stuff, why don’t we step back and develop processes for fingerprinting real problems that need solving. Also, if you think about the literal definition of innovation, it’s very different than invention. Why did media companies not invent Craigslist or AutoTrader or Groupon? Because focusing on innovation means trying to devise incremental improvements to existing methods or models. Q At Vendasta your work involves, among other things, partnering with local media companies to help craft and implement digital marketing solutions. What are some of the biggest opportunities that you find are under-tapped at local media clients? A Historically, we built a number of foundational digital marketing solutions that local media could resell to their customers, particularly through their digital agencies. Products like reputation management and social marketing. But the bigger opportunity isn’t just helping media companies sell more solutions; it’s helping them SELL, period. CONTINUED ON PAGE 18 » February 2016 | LOCAL MEDIA TODAY | 3 CONT. FROM PAGE 1 » Serious about digital? Digital Revenue Summit Here’s a simple test Why you should attend This program is designed for local media executives that are looking to truly move the needle when it comes to growing digital revenue. Concluding sessions will focus on developing business plans to take home and implement. This is a must-attend for media companies that are serious about digital transformation. Raging growth in digital spend 16.4% Borrell Associates foresees a 16.4% increase in local advertising this year based on significant budget increases coming for digital advertising and political advertising. 36.4% Digital advertising is forecast to grow at another raging two-digit rate – 36.4%. And, for the first time, digital media will account for half of all locally spent advertising as it heads toward what they believe will be a two-thirds share before it levels off in 2019. By Gordon Borrell Chairman, LMA Board of Directors, CEO, Borrell Associates The Details Digital Revenue Summit Presented by LMA and The Blinder Group May 4-5 The summit is being held at the world-class University of Chicago Booth School of Business Gleacher Center, Chicago, Illinois Full details at localmedia.org/events I ’ve discovered a simple way to tell who’s serious about the digital opportunity and who’s not. Just look for the sign. Is it on the side of the building? On a business card? I’m not talking about the big sign with the station’s call letters or newspaper’s name. They say “we’re a TV station” or “we’re a radio station” or “we’re a newspaper,” and we’re proud of it. I’m talking about a sign that says, “We get it. We’re on board. We’re transforming.” I’m talking naming your baby and telling the world. Let’s say you gathered everyone together, served them lunch, and came up with a fancy name. Where is it? Inside, where the staff can see it? Or on the building, in big, bold style that says, “Here we are! Come do business with us!” In a recent survey of 189 local media managers whose companies sell digital services, 34% said their unit didn’t even have a name. Wow! Isn’t that like saying, “I’d like you to meet son, uh, well… we haven’t named him yet. We’re waiting to see if he can get a job and be self-sustaining.” Here are a few other interesting results from that survey, conducted by Borrell Associates last fall: n Of those who said their unit had a name, 67% said it wasn’t visible to the public. n Of those who had a logo for their digital-services unit, we asked whether that logo was on employees’ business cards, bigger than any other logo on the card. 58% said no. How would you answer those questions? Do those answers reflect your company’s commitment to digital media? There’s your sign Actually, it’s more than just a sign. A few years ago I traveled to eastern Tennessee to meet with a longtime client and LMA member, Jones Media. I had convinced them in 2011 that, to grow again, they’d need to create a freestanding digital-services unit and invest in it like a startup. They created High Road Digital and located it in a small brick building next to the newspaper offices. After spending the afternoon with the staff of the two-year-old digital agency, I met with CEO Gregg Jones and other corporate staffers. “Well, what do you think of High Road Digital?” I was asked. “I think you should shut it down,” I replied. After the initial shock passed, I explained why, in a short Powerpoint I had hastily assembled after taking a few photos of their operation. They must not be proud of High Road, I said, because the building had no visible sign. They did indeed have a billboard… which was actually a six-inch-tall plastic model that sat all alone on a table at the front door. Their office whiteboard was one of the smallest you could buy, and the furniture consisted of leftovers from the newspaper offices – which, at that very moment, was getting thousands of dollars of new carpeting installed. Their reasoning for the low profile: Most of the business was in another city, 40 miles away. “Move there, and put up a sign that says, ‘We’re here, we have an identity, and we’re a serious company.’” They did, and their business has been growing faster ever since. The message is simple. If you truly believe in the future, the signs will be obvious. 4 | LOCAL MEDIA TODAY | February 2016 LMA Board Retreat: 3 New Growth Plans Announced E Expanding training, hiring staff and a bylaws change very January the LMA board travels on their own dime to work on strategic planning and growth initiatives for the next three-five years. This year’s meeting took place in chilly Chicago and included two days of discussions, brainstorming sessions, debates and more. The end result was three new growth plans and some other side opportunities that will require further research and vetting. The board first revisited LMA’s mission (We are intensely focused on helping local media companies discover new and sustainable business models) and decided that it was crystal clear and needed no tweaking. “This really sums up what we do!” said Chairman of the Board Gordon Borrell, “There is no other organization like LMA. We’ve created an environment where we can all learn from the best of the best – across all types of local media companies. Kudos to meeting LMA members, I am convinced, facilitator Todd Handy, formerly of Deseret will be the successors.” Digital Media and current From there the group vice president/publisher reviewed the successes and chaldevelopment of Tout, lenges of 2015 and quickly set for orchestrating two days of highly productive their sights on growth opportunimeetings. ties for the next three years. At the end of two days, three new growth plans were announced: n The training division continues to be a top priority and will be expanded in 2016. The re-branded Media LMA board chairman Gordon Borrell shot this pic from his position at the head of the table. “Enjoyed convening the media industry's Masters of the Universe (last month) in Chicago,” posted Borrell. “Very proud and humbled to be chairman of a board of such exemplary individuals charged with guiding Local Media Association and the media industry as a whole through a tough evolution.” Transformation Center will provide digital training & more for progressive local media executives across all media types. 2015 was a record year with over 2,000 execs, including 200+ broadcasters, taking part in LMA training events, certifications, webinars and classes. n Some bylaws changes will be proposed to the membership to make all local media companies equal members with equal voting rights and board representation. R&D member voting rights will also be expanded and a third position will be made available on the LMA board. The R&D community represents 35% of LMA’s total revenue and non-newspaper media companies are at 5% and growing. Diversifying is a good thing for LMA and these moves reflect that. n A new hire will be made in 2016 and that person will come from the broadcast world. The LMA board wants to continue to showcase the best case studies on the digital side, regardless of media platform, and this hire will go a long way in making that happen. They will also be responsible for broadcast membership and training sales. “We couldn’t be more excited about these changes,” said Nancy Lane, President, LMA, “Transforming to a true local media association is an evolutionary process that doesn’t happen overnight. 2015 was a real turning point for us as many broadcasters started to use LMA’s training and certification programs. We can all learn from each other when it comes to the digital battlefield and there are also tremendous opportunities for partnerships in local markets. 2016 is going to be a game-changing year for us.” February 2016 | LOCAL MEDIA TODAY | 5 Last Call for Mega-Conference T AUSTIN, TEXAS – FEBRUARY 22-24 here’s still time – but not much! – to get yourself to Austin, Texas for this month’s MegaConference. Running February 22-24 at the JW Marriott, this conference is produced by Local Media Association, Southern Newspapers Publishers Association and Inland Press Association and is on track to bring over 700 media professionals together. The program, under the deft leadership of former Gannett publisher Carol Hudler (who possesses a Stanford University MBA), has been fine tuned for local media leaders to learn well conceived strategies for all aspects of a modern media company. Ample time for discussion and debate has been built in to the sessions enabling a healthy dialogue to help flesh out strategies. And the large attendance enables world class networking among media industry leaders from all parts of North America. “I am really proud of this event and our partnership with Inland Press Association and Southern Newspaper Publishers Association,” said LMA President Nancy Lane. “In five short years, this conference has grown into one of the major industry gatherings.” Highlights are many but a few to consider: n Top notch speakers and program including New Futures for News keynote from Professor Jeff Jarvis, director of the Tow-Knight Center for Entrepreneurial Journalism at the CUNY Graduate School of Journalism n Over 20 general and breakout sessions n Heavy focus on digital AND print – customize your experience by choosing which concurrently running sessions are best for you n General sessions featuring senior-level media executives from a diverse mix of innovative media companies n Huge industry trade show in a modern, interactive format n Tech oriented solutions via ‘revenue stage’ programs n Invaluable networking with a wide range of industry peers Full details at www.mega-conference.com. Walk in registration available. LOCAL MEDIA ROCKS LMA President Nancy Lane @localmediarocks • Nancy.lane@localmedia.org 10 resolutions for local media companies W ant to truly transform your media company this year? Check out these ten must-do action items: 1. Double down on events. Launch a division if you don't have one. Expand it if you do. And dedicate separate resources if you want to be successful. With profit margins of 30-50%, this is a must-do in 2016! 2. Create a culture of disruption and innovation. Leaders must be open, accessible and transparent. Failures should be accepted as part of the process and not punished. Encourage collaboration; break down walls. The atmosphere should be fun. 3. Digital requires a separate staff and separate resources. If you want to hover at 10% or less, go with an integrated model. 4. Native advertising is here to stay. Embrace it and find a model that works for you. 5. Make video a top priority. And then find ways to monetize it. Many local media companies are starting to figure it out. It requires an investment and time to grow. 6. Email marketing remains one of the most effective advertising vehicles out there yet most local media companies are barely scratching the surface with this opportunity. Make it happen in 2016. The ROI for advertisers is off the charts and they will pay a premium. (Editor’s note: Re-read Ruth Presslaff’s column in January issue of this newsletter for her terrific tips on making the most of your email database.) 7. Hire a data scientist. And let them go crazy with analyzing data and proposing ways to use and monetize that data. It is a must-have position for progressive local media companies going forward. 8. Treat new businesses like a start-up. Invest, be patient for profits and pivot when necessary. Pain before gain for sure! 9. Hire the best talent you can find in 2016. Our industry needs the brightest minds out there working for us. Aim higher, pay more... the ROI will be huge! 10. Continue to innovate on the print and broadcast side of the business. Be sure to have people in the company dedicated to just growing the core business. Guess what will happen? If you burden them with digital, events and more, the core will shrink even more and the shiny new toys won't grow much either. 2016 is going to be an exciting year but it will also be a differentiating year. Will you be growing or shrinking? Now is the time to decide on a course and make it happen. Did I miss something on your top 10 list for next year? If so, please reach out to me at nancy.lane@localmedia. org. Nancy Cawley Lane writes a blog about disruption in local media and her thoughts are definitely worth the read. Check it out at https://www.linkedin.com/today/author/11309770 Optimize delivery for every one of your babies. TECHNOLOGY SOLUTIONS. ONLY FROM PCF. • Make routes more efficient. • Manage growth and improve service. • Verify delivery via mobile devices. pcfcorp.com | 1.877.PCF.6668 FREE Quality Content Perfect for newspapers, magazines and websites Recipes, home improvement, lifestyle and family content Full-pages, articles, roundups, infographics and more Digital feeds and widgets Please visit us at the Key Executives Mega-Conference – Booth 405 Contact Rebecca Cowley Media Account Manager Phone: 913-563-4769 rcowley@familyfeatures.com Free registration – never any fees! Visit www.editors.familyfeatures.com to learn more. FAMILY FEATURES C reating a perfect outdoor oasis — the first step toward a summer filled with carefree entertaining — requires careful planning for the entire space. While the arrival of spring is the perfect time to start thinking about landscape elements, don’t overlook the finer details, such as the furniture and accessories, that truly bring an outdoor space to life. Whether you’re looking to create a family-friendly space for entertaining, a serene poolside retreat or a secret garden that showcases your green thumb, begin by defining your vision. Having a clear idea of how your finished space will look and feel will help you make the best decisions as you begin designing the retreat of your dreams. Furniture that fits Although tastes and trends may change from one season to the next, selecting the right furniture pieces from the start will let you bring fresh new looks to your outdoor space in other ways. Sectional seating is an attractive option because it allows you to redefine your space in minutes. Hosting a party? Strategically placed sectional seating can open up your space and encourage an evening of mingling. Prefer a more intimate arrangement for poolside conversations or a date-night in? The sectional can be rearranged into a closer configuration. Look for a versatile collection in neutral colors, such as Pier 1 Imports’ Echo Beach collection. This sectional can be arranged in more than 20 different ways, allowing you to arrange and rearrange to your heart’s content. To round out your furniture, consider the highly functional but often underrated garden stool. Place one in a quiet corner for meditative moments, pair them to create a one-of-a-kind coffee table, or pull one up when you need an extra seat. As an added bonus, when cooler weather returns, you can pull your garden stool indoors for a sweet reminder of summer. Investing in the right pieces will save you time and money in the long run. When you’re ready for a new look, you can easily change the feel of your patio with accessories or a new brightly colored accent piece, such as a tiled bistro table or outdoor Papasan chair. Accent your style Once your furniture is in place, you’ve got a blank slate to play with and most importantly, to accessorize! Accessorizing is where the decorating happens and your personal style shines through. Add pillows, cushions, umbrellas, outdoor rugs and even outdoor curtains to your space, and what started as a dull patio will begin to transform into an extension of your home. To mix patterns like a pro, choose pillows and rugs in the same color family, vary the scale of your patterns and introduce textures to ensure that they don’t compete with each other. Be sure to layer in treasures that are uniquely you — lanterns, wall decor, statues and windchimes — to establish a space bursting with personality. Remember, small changes can make a big impact. Refresh last year’s patterns with the new trends, or simply add a few new accessories into your existing decor for a budget-friendly way to satisfy your urge to update. Find more tips to transform your boring backyard into a refreshing retreat at www.pier1.com. Gifts of Summer If summer finds you doing more party-going than party-throwing, show your gratitude by bringing along a little something that recognizes all the work that goes into hosting a perfect party. Think about items that can be used at the party, such as wine charms or a citronella candle with a lantern for a practical, yet fun gift. Everyone loves a good party game. Pier 1 Imports’ Horseshoe Game or Ladder Ball & Bean Bag Game are great hostess gift options. If you’re attending a potluck, bring your famous dessert on a serving dish that you know the host will love and leave it behind so it can be enjoyed for parties to come. Summer Entertaining Once your beautiful outdoor space is complete, you’ll undoubtedly be eager to showcase your hard work. Make entertaining a breeze with these tips from the experts at Pier 1 Imports: Highlight your party’s main attraction — the food. If you’re hosting the whole family for a cookout, make memories during a sit-down meal around your outdoor dining table. Freshen up the meal with dinnerware that’s as eye-catching as it is durable. Easy-care melamine and fresh-hued acrylic stemware pieces let your guests enjoy without fear of shattering glasses or the festive mood. A less conventional approach that is perfect for drinks and small bites — serving carts. They bring action to the party, whether that’s on the patio, in the garden or poolside. Create a one-of-a-kind tablescape. Combine your favorite accessories, such as handcrafted trays, detailed lanterns and a colorful bouquet, to create a cheerful centerpiece that instantly feels like summer. Give your party buffet a personal touch with an eclectic mix of your favorite serving dishes. Think multi-use beverage tubs, cheery cake stands and bold chip and dip trays. Think about the light, both day and night. For a daytime pool party, protect guests from sunburn and the heat by investing in colorful umbrellas to provide a little shade — and the perfect place to sip a cold drink. When the sun sets, opt for a more romantic glow that lights up the night. Strategically placed lanterns in a variety of styles, shapes and colors will be the light of your party. For mood lighting at the touch of a button, Pier 1 Imports’ outdoor LED candles resemble their melted wax counterparts but offer a bit of added magic. They’re compatible with a remote control (sold separately) that allows you to set a timer with automatic shut-off. 6 | LOCAL MEDIA TODAY | February 2016 Out-think Business as usual doesn’t cut it in today’s continuously changing media industry. Outsmart the future, be more innovative, challenge yourself and dare to be different Subscribe to the publishing industry magazine for out-thinkers. E&P digs deep and delivers stories that stimulate ideas, strategies that make you money and hard-hitting opinion that moves you to action Subscribe to success editorandpublisher.com/subscribe February 2016 | LOCAL MEDIA TODAY | 7 LMA Director to keynote at America East Innovation Mission Announced LMA’s Amie Stein also on speaker lineup C Sellout expected; reserve your spot soon MAY 22-27 • NEW YORK CITY AND SAN FRANCISCO T he 7th annual Local Media Innovation Mission is set to take place May 22-27 in New York City and San Francisco. Over the years, the group has met with the world’s leading technology and media companies during the intense week-long tour. About 25 senior-level local media executives attend each year and LMA is once again expecting a sellout. Prior visits include: Google (multiple times), Facebook, LinkedIn (had a private meeting with co-founder Allen Blue in 2014), Twitter, Pinterest, Yelp, Yahoo, eBay, BuzzFeed, Hearst, McClatchy, The New York Times, The Wall Street Journal, CBS, Wordpress, Mashable, YP, Plug and Play Tech Center and about 100 others. This year that group has extended invites to YouTube, Apple, Facebook, Conde Nast, Huffington Post, Airbnb, Uber and more. The final agenda will include a diverse mix of media, technology and disruptive companies that can provide insights to media executives that are looking to transform their business. What you can expect The week-long study tour, developed and led by LMA President Nancy Lane, is intended to enable senior level media professionals to: n Witness innovation in action n Have access to some of the most disruptive minds of our time (the IM meets with founders and high-level executives) n Learn about new con- After the 2015 Innovation Mission participant Ruth Presslaff said “I come away smarter each year, with relationships that will last a lifetime.” Presslaff is shown here with Tom Yunt, center, president and CEO of Wick Communications and LMA Vice-President Al Cupo during the 2015 I.M. visit to Yelp. hristian Hendricks, The McClatchy Company vice-president of products, marketing and innovation and Local Media Association board member, will be the keynote speaker at the this year’s America East conference in Hershey, Pennsylvania. Hendricks will share McClatchy's reinvention story as well as speak to the “untold" transformation of local media from an operator’s perspective. The conference runs April 4-6 at the Hershey Lodge. America East, a media business and technology conference, is administered Chris Hendricks joined McClatchy in 1992 as an by the Pennsylvania NewsMedia Assoadvertising manager and marketer and has been ciation and 14 co-sponsoring state press in a digital and innovation leadership role since. He helped steer its digital efforts from simple ideas to associations and media partners. This year’s conference will feature an expansive a $200 million line of business. technology trade show and sessions on sales, podcasting, video, big data, native advertising, virtual reality, disaster recovery and more. LMA’s Amie Stein will be conducting multiple sessions at this event. The conference is expected to attract more than 900 attendees from 20+ states and various circulations and areas of responsibility. With its convenient, central location in Hershey (near Harrisburg), America East is the largest regional conference for the industry on the East Coast. For more information, visit the America East website at www.america-east.com. Whose voice do industry leaders seek? Just ask them. “Kevin Kamen works relentlessly. Whenever he speaks about the publishing business or companies, I pay close attention.” — Paul Tash (Mr. Tash is Chairman of the Pulitzer Board and CEO/Chairman of the Tampa Bay Times.) “Kevin Kamen is one of the world’s best-known and most-prolific brokers of media properties and companies.” — Gypsy C. Gallardo, CEO/Publisher of The Power Broker Magazine Peer to peer discussion, before, after and during the study tours stops, is a huge part of the learning experience. tent strategies n Discover new revenue streams/sustainable business models n Experience a week of networking with peers; build lifetime relationships in the industry Participants will dive deeply into the practices and cultures of the companies visited, engage with the folks who are making things happen, have meaningful discussions and debates after each of the visits and be the first to Whose judgement do they trust? receive the in-depth follow up report. The value of the overall experience and the relationships developed cannot be overstated. Get on the list Participation is limited – the small group aspect of this study tour is an integral part of the learning experience. Reservations are accepted on a first come, first served basis . If you are interested in attending, you are encouraged to sign up early at www.localmedia. org/foundation/innovation-mission/ To discuss if this is a good fit for you, reach out to LMA President Nancy Lane at nancy.lane@localmedia.org “Kevin Kamen correctly predicted as far back as 2010 that a buyer would be willing to pay $42 million to $51 million for The Journal … ‘They paid about $4 million to $5 million more than they should have,’ Kamen told WPRI.com … Kamen suggested Gatehouse was motivated to pay a premium in part to ensure a competing newspaper chain didn’t get The (Providence) Journal instead.” — Ted Nessi, WPRI 12, Providence, Rhode Island Kevin B. Kamen President/CEO Getting it right matters! Considering selling your publication? You should have your title financially valued correctly and listed for sale. Call or come visit Kamen & Co. Group Services to assist you. info@kamengroup.com www.kamengroup.com KAMEN & CO. GROUP SERVICES NY (516) 379-2797 • FL (727) 786-5930 • FAX (516) 379-3812 626 RXR Plaza, Uniondale, NY 11556 8 | LOCAL MEDIA TODAY | February 2016 LMA’s Media Transformation Center is open for business Training offerings aimed squarely at media companies Aligned with its mission to "help local media companies discover new and sustainable business models," LMA will continue to build high-quality and cost-efficient training programs that prepare and develop organizations to evolve into successful media companies of the future. A full description of all training offerings and pricing is found at localmedia.org/training. T MEDIA SALES TRAINING TEMPLATES/WORKBOOKS: ENOUGH FOR 14 ONE-HOUR TRAINING SESSIONS Easy for busy sales managers to implement; cost is just $25/week This turn-key “train the trainer” program, delivered via live webinar, is designed to give your managers a ready to go program that will provide them with 14 separate training modules to conduct with their sales team. Each module contains presentation materials, guided conversations points and most have an accompanying individual or group exercise, as well as suggested management follow-up, coaching and feedback opportunities. Next webinar: Fri, Feb 26, 2016 12:00 PM – 1:15 PM ET TWO SALES CERTIFICATION COURSES A proven revenue booster, LMA offers two Sales Certification training programs. Both are self-paced e-learning programs and professionally developed by LMA and media sales training guru Stephen Warley. A passing grade of 90%+ is required before certification is issued. The Basic Media Sales Certification consists of eight modules that prepare ad reps to successfully present effective solutions that drive client-value and generate measurable sales-results. It covers everything from digital marketing to how-to sell an integrated solution. The Advanced Digital-Sales Course offers tactical approaches to selling digital products and using digital media to increase and capture qualified leads. It consists of 26 training modules, divided into five segments. More info: Contact LMA’s Peter Conti at peter.conti@ localmedia.org to discuss sampling these offerings and pricing packages for your company. LMA uber-trainer Amie Stein in action. To discuss how LMA can assist with your special training needs or to brainstorm if the LMA offerings are a good fit for your company, contact LMA Director of Training and Development Amie Stein at amie.stein@localmedia.org “ The Light Digital engaged LMA Director of Training Amie Stein to help in three crucial ways: to train our SMB digital sales team on cutting edge products and sales techniques; to consult company leadership on new ideas; and to keep us informed of relevant benchmarks and industry trends. Working with Amie directly through an on-going, custom program is a good move for us as we continue to grow our broadcasting and digital businesses. — PAUL BENTON, Managing Director, GOOGLE CERTIFICATION TRAINING Google AdWords If you’re selling search, or thinking about, certification is a must-have. Via live webinars conducted periodically, the training sessions include vigorous Google AdWords training, mock exams and a study guide to follow course materials. The training will be conducted via the GoToTraining platform, so training is easily accessible via your own computer (five one-hour webinars). Next set of webinars: Mon., March 14 – Fri., March 18 | 12:00 PM – 1:00 PM ET “The Google Ad Words Certification was a critical element to launching our Digital Agency. It’s extremely important for the employees who are responsible for executing digital PPC, Video or Display campaigns within the Google Network to completely understand the who, what, when, where and why of the process. It will place your team as experts in the community and grow trust and credibility amongst your clients. This certification is one major piece of the digital pie to creating an effective agency.” — JENNIFER CASEY, VP of Sales, Heritage Broadcasting Google Analytics Sales Team: Analytics Certification-Training This training is intended to arm your sale professional with the competence, and confidence, to have meaningful conversations with their advertisers regarding the importance of analytics. This training prepares your sales professional to become Google Analytics Certified (the exam is administered by Google). Content Team: Google Analytics Training Are your editors, reporters and audience development managers just scratching the surface when it comes to “ here has never been a more critical time to develop and maintain the utmost proficiency when it comes to media strategies and tactics. LMA recognizes that with its ongoing commitment to making affordable, practical and effective media-centric training available. In fact, the LMA board of directors identified training as one of the top three areas of emphasis for the organization this year. Building on the uber-success of the training division last year – over 2,000 execs, including 200+ broadcasters, took part in LMA training events, certifications, webinars and classes – 2016 will see even more first-class training programs for the industry. “As we near the three year anniversary of Local Media Association's Training Division we find it timely to formalize the offerings under the umbrella of the new Media Transformation Center," says LMA Director of Training and Development Amie Stein. ““If you look at the collection of training programs, workshops, certification courses, e-learning and webinars, we truly are the most comprehensive industry resource for media companies who are focused on transforming their business and developing the talent within their organization” Here’s a look at some of the offerings: Baybridge Communications, LLC using analytics to understand your audience? Do they know how to use the data to drive content decisions that will result in more audience engagement and reach? This training will help everyone gain a better understanding of what data is available and how to apply it in a practical fashion. As a bonus, this training prepares them for the Google Certification exam too. Next set of webinars: Tues., March 15 – Fri., March 18 | 4:00 PM – 5:00 PM ET “The training, study materials and mock exams provided my team with the best foundation possible to not only pass the Google Analytics exams, but pass well above the exam requirements. All of this has provided my team with the leverage and confidence to work within the analytics platform and help provide various departments across our company a deeper understanding of reports and information regarding our websites.” — CRINDALYN LYSTER, Director of Digital Services, EO Media Group EVENTS TRAINING Creating and Growing a Money-Making Events Division Based on the success of our recent Events Workshop and the heavy interest within the industry to grow their events divisions, LMA is now offering an online training program designed to provide publishers, ad directors, marketing directors and events specialists with the tools and industry best practices to start developing their own strategic plan. Consists of six modules. Next set of webinars: Mon., March 21, 12:00PM – 2:00PM ET. Tues., March 22 – Fri. March 25. 12:00PM – 1:00PM ET "The LMA events training session is a critical first step for East Bay Newspapers ramp up of an events division. The resources shared will be relied on heavily as we build out our plan." — JOCK HAYES, Director of Events, East Bay Newspapers February 2016 | LOCAL MEDIA TODAY | 9 Memoriams success story Background: The Frederick News-Post, a Local Media Consortium member, is published daily by the Randall Family, LLC in Frederick, MD. With a circulation of 26,371, their obituary processes were typical of many newspapers. The move to Memoriams was intended to increase obituary revenues, better meet the needs of their funeral director partners, and streamline workflow. Before Memoriams: Dedicated staffers processed obituaries and Editorial managed the weekends. Obituaries were received via fax, e-mail and walk-ins, then were proofed and manually entered into their system. Often obituaries went through several revisions between the newspaper, funeral directors and families to arrive at an acceptable rate and proof. Revenues were not increasing and the procedure was time-consuming and error-prone. Solution: Adpay provided hands-on implementation consultation for roll-out. The Memoriams self-serve tool displayed cost according to their rates and an immediate print preview. Content was approved by funeral directors and families in real-time. After submission, text and photos flowed directly into their pagination system. “Memoriams has made my life so much easier,” said Connie Hastings, Sales Director. The Memoriams team provided on-site funeral director training to ensure a successful launch to 46 funeral homes. Funeral directors started using the system immediately. “We were worried that some of our traditional funeral directors might struggle with the change, but they adapted quickly and are quite happy,” said Geordie Wilson, Publisher. The News-Post has fully adopted obituary submission exclusively through Memoriams. Funeral directors save time, and cite appreciation for the streamlined approach for local and out-of-market placements in a single order. Results: Increased local revenues by 25% n Memoriams Network increased out-of-market obituaries by 12% n Reallocated full-time staffing to other sales efforts and eliminated editorial staffing on weekends n Integrated content and billing seamlessly into front-end system n Eliminated errors and make-goods Contact: Deborah Dreyfuss-Tuchman, EVP Sales • (o) 847-998-9923 • (m) 847-477-5533 • ddt@adpay.com Memoriams Price and place an obituary in over 2,800 newspapers The only platform that: Increases revenues locally Drives more obituaries for the newspaper industry Enhances funeral home partnerships Is available to newspapers at NO COST “Memoriams is a simple way to get all of my newspaper submissions done quickly and on time. It also takes all the guess work out of how much the obituaries will cost, giving the family more control over what they pay.” -Kurt Olding, Lane Funeral Homes Youngstown, OH Contact us at sales@adpay.com or (303) 268-1527 A product of Youneeq increases revenues and user engagement levels A sampling of the results we are generating for our clients: At Glacier Media n 30% Reduction in Bounce Rate n 59% increase in Page Views per User n 34% Increase in Session Times “Youneeq has provided Glacier Media’s digital publishing operations an effective, automated and low cost method to engage our audience, increase our organic web traffic and improve overall ad and content performance across our network in BC. There are many solutions available to us that claim to enhance our audience experience and streamline operations however Youneeq is unique in generating engagement and delivering comprehensive audience and content insights, in real time, without additional resource allocation or new processes required to achieve success.” - Chris Johnson, Glacier Media At Block Communications: At Truth Publishing: n 13% Decrease in Bounce Rate n 32% Decrease in Bounce Rate n 41% increase in Page Views per User n 67% increase in Page Views per User n 29% Increase in Session Times n 8 times Increase in Session Times Other client results: n Youneeq is delivering an estimated 13% incremental increase in page views at a 32% ROI. n Revenue increased with eCPM improvements of 5.62% and 8.38% respectively. n Revenue increase attributed to Youneeq pages on average range between 5% -20% n Youneeq delivered an average of 13% additional page views at an approximate value of $7/m/pvs at a cost of $4.67/m/pvs The bottom line: Youneeq generates results immediately, is simple to install, requires little to no support, and creates new revenue streams and business models. Try Youneeq for free for 30 days there’s zero risk to try. We guarantee results. Contact: Mark Walker 866.515.0110 ext 102 or mark.walker@youneeq.ca 10 | LOCAL MEDIA TODAY | February 2016 Legacy.com's Next Generation Obituary Drives Meaningful Results Lufkin Daily News Improves Efficiency, Quality with SLP Turnkey CtP Solution Legacy.com's newest platform was updated recently and is positioning newspapers for digital success. By offering the features that users expect when they visit an online obituary, Next Generation Obituary (NGO) leads to great results in user engagement, traffic and revenue for newspapers, while strengthening their relationships with funeral homes. The Lufkin Daily News has joined a growing number of newspaper companies switching to affordable thermal CtP solutions that use no processing chemicals. Southern Lithoplate (SLP) successfully matched the Texas daily with the CRON-ECRM TP36 plate recorder and SLP Liberty NXP no-process thermal plate. “We wanted to adopt an ecologically responsible approach to production by eliminating the plate processor and chemical-development stage,” said Billy Ricks, production director. “The CRON-ECRM and Liberty NXP clearly were the way to go.” The Lufkin News, a member of the Southern Newspapers group, has a Sunday circulation of 13,500 and daily circulation of 10,400. The newspaper also prints other area papers and commercial projects. It transitioned from a film-based prepress workflow to violet-laser technology in 2009, choosing SLP Replica ECO LCV® low-chemistry plates. “We’re keeping the violet device as a backup,” Ricks said. “With the amount of work we do, we always needed two CtP units.” The TP36 offers a flexible choice of configurations and output speeds to meet customer needs. “With 64 laser channels, our TP36 images 68 to 70 plates per hour at our plate size,” Ricks noted. “From the way the computer interfaces with the machine to the order it outputs plates, the CRON-ECRM gives us a quicker, more streamlined workflow.” Liberty NXP plates mount on press without first running through a chemical bath. Plates self-develop within a few turns of the cylinders. “We print a sharper and cleaner product,” Ricks said. “We also use less water to print. The entire process is fast, efficient and more environmentally friendly.” Cox Media Group Sees 47% Increase in New Users Cox Media Group's decision to upgrade to NGO has led to meaningful results for Cox. During the first half of 2015, there was a 38% increase in sessions per notice, a 32% increase in social shares and a 47% increase in new users, compared to the previous year. Brian O'Shea, Manager of Website Operations at Cox, shares his satisfaction: “Obituaries and funeral notices are important to our audience. … I am grateful that Legacy understands the importance of this content category to new and returning readers.” Newsday Strengthens Funeral Home Relationships Newsday improved category performance when they upgraded to NGO as well; they saw a 45% increase in photo entries, an 18% increase in social referrals and a 25% increase in organic search activity. Their switch to NGO was driven primarily by Newsday's larger funeral home outreach initiative. NGO allows them to provide the best product with more branding opportunities to their funeral home partners so that the funeral homes make Newsday part of the conversation when helping the family members of the deceased make arrangements. To read the full case studies, go to sales.legacy.com/ngo. Contact: Claire McAlpin, Marketing Associate • Legacy.com cmcalpin@legacy.com • 847.492.7265 Contact: Michael Phillips, SLP Director of North American Sales • mphillips@slp.com • 609-276-2115 Presenting THE HIGH-PERFORMANCE, LOW-ROI, NO-PROCESS PRINTING PLATE AND CTP SOLUTION: CRON-ECRM Thermal CtP Experience fast, highest quality imaging with the perfect balance of efficiency, quality and cost…just as over 100 newspapers have in the past 6 months! “We print a sharper, cleaner product. We also use less water to print. The CRON-ECRM and Liberty NXP were clearly the way to go.” Billy Ricks, Production Director Lufkin Daily News, Texas Liberty NXP No-process thermal plates Experience real freedom from processors, chemicals, gumming and ovens with the only true no-process printing plate. Southern Lithoplate, your exclusive provider of CRON-ECRM CtP and Liberty NXP no-process printing plates. (800) 638-7990 or SLP.com February 2016 | LOCAL MEDIA TODAY | 11 One stop shop for recruitment advertising LNP Media Group Works with RealMatch to Become One Stop Shop for Recruitment AdvertisingIncreasing Online Recruitment Revenue by 79% Problem: Increase Recruitment Advertising Revenue and Attract New Advertisers for LNP Media Group Tactics: Switch to RealMatch’s Programmatic Recruitment Advertising Platform and Ecommerce Portal, Account Service, and Hire Sales Rep First, LNP Media Group in Lancaster, PA, which publishes LancasterOnline.com and the LNP newspaper, launched a one-stop shop online solution (print, online, and job ad distribution to thousands of job sites) utilizing RealMatch technology. Second, LNP’s RealMatch account manager helped create bundled online and print packages, offered pricing guidance, and hosted in-person training. To further support this new initiative, LNP added an outside sales rep to call on new employment advertisers. The rep is specifically responsible for bringing in new clients. The paper set a monthly growth target of 3 percent year over year. Results: LMP Media Increased Self- Service Ad Revenue by 700% in One Year LNP Media Group implemented RealMatch’s online tools and self-service online ad placement, which resulted in increased revenue of about $22,000 per month —or roughly 400 new ads. LNP also implemented job ad price increases due to superior performance with RealMatch’s Total Talent Reach distribution without losing business. Additionally, LNP offered upsells such as “Social Boost,” where a listing is promoted through social media, as well as priority listings and run of site advertising for recruitment. Posting upsells delivered an increased $35,000 per month compared to LNP’s previous vendor. The most impressive growth LNP has been seen thus far has been in the self-service ads placed online. LNP went from about $15,000 in self-service revenue in all of 2013 to an average of $10,000 per month in 2014. Contact: Melissa Murphy | Marketing Director, Brand & Communications 212.419.4649 x 233 • mmurphy@realmatch.com • www.realmatch.com AutoConX Systems new real estate platform helps The Joplin Globe become marketplace leader in real estate listings Search engine and display advertising is a complex environment. It is hard to do well without a large outlay of resources. AutoConX Systems has an extensive team that specializes in vertical platforms such as Automotive, Agriculture and Heavy Duty Equipment. Challenges: AutoConX wanted to expand its service offerings to Real Estate and grow its business without overextending resources. Publishers needed a platform to help bring home buyers and sellers together in a local market Solutions: Real Estate and Rentals Search and Display Vertical powered by the AutoConX Inventory Marketing (AIM) tool Benefits/Results: “This platform is exactly what we needed to be the marketplace leader in real estate listings.” Brent A. Powers, Director of Advertising, The Joplin Globe The Joplin Globe located in Joplin, Missouri, selected AutoConX Systems to host their Real Estate vertical. “I am very excited about our newly launched 247homesearch.com powered by AutoConX Systems”, said Powers. “We have had great feedback on the look of the site as well as the functionality. The responsive design is cutting edge and relevant for today's reader and real estate professional. The site has created a level of confidence and credibility between us, our readers and our Realtors. We are truly bringing “buyers” and “sellers” together. AutoConX Systems has been great in assisting us from brainstorming to the execution of product offering and solutions. The members of our local MLS board, Ozark Gateway Association of Realtors, have also been great partners in assisting us with the MLS feed and the overall scope of the project. We look forward to updating you all on our success in growing new partnerships and relationships with our local Realtors.” Contact: Trisha Snow, Vice President of Sales • Trisha@autoconx.com • tel:(778)%20724-0948 MARKETING Reinforce relationships or build new ones with a brand new real estate vertical website. Unlimited accounts, ask us about our limited time pricing offer. p www.autoconx.com 12 | LOCAL MEDIA TODAY | February 2016 Personality Quiz Delivers 1,300 Leads to Furniture Store A local furniture store in Paducah, KY, Higdon Furniture, has traditionally only advertised onair with WPSD-TV. The business wanted to build up their email database, highlight many of their products, and drive foot traffic to their store. WPSD-TV’s promotion team came up with a unique solution that combined the engagement and shareability of a quiz and the excitement and simplicity of a sweepstakes. The result? A “What’s Your Home Decor Personality?” quiz and $500 gift card giveaway. n A personality quiz & sweepstakes hybrid provided an advertiser with a unique solution n The advertiser collected 1,300 email addresses for qualified leads n Quiz featured questions centered entirely around the advertiser’s products n Survey Questions helped advertiser understand what furniture their audience wanted to purchase For more information about the opportunity with quizzes, email sales@secondstreet.com. Being an R&D member has its benefits • • • • • • • • Your Guide to Generating Revenue and Collecting Data with Quizzes • • Listing in the online R&D directory Two seats on the LMA board are reserved for R&D partners Right to vote on all LMA issues Monthly logo and contact listing in Local Media Today Ribbons at LMA conferences/events identifying your company as an R&D partner Verbal acknowledgement at the annual business luncheon Quarter-page advertisement in the annual R&D partner issue of Local Media Today Premium listing in the exhibit/sponsor brochure at LMA conferences and events Inclusion in the R&D committee appointed by the LMA board of directors Sponsorship of one free-member-webinar per year including verbal recognition and a twominute presentation (based on availability) “The very fabric of LMA is innovation and progressive thought. It shows through the programs, membership and how they treat each member of their community with respect.” - R&D member Neil Greer, Local Media Foundation board member and CEO/co-founder of ImpactEngine.com secondstreetlab.com/quiz-playbook To find out more about your benefits or becoming an R&D member contact Deanna Lewis – deanna.lewis@localmedia.org 202-384-5022 February 2016 | LOCAL MEDIA TODAY | 13 Streaming content: the revolution is already here guest columnist Director of Strategic Partnerships Calkins Digital C all it what you will – the video revolution, the most disruptive innovation since the rise of the Internet, the OTT tsunami, or yetanother distribution platform for local news – 2015 has been a fast-paced year for those of us working in the Over-TheTop environment. And 2016 promises to raise that bet. What exactly is OTT? Gordon Borrell put it succinctly in an introduction this summer: “Skipping the FCC, cable and satellite red tape, OTT – or ‘over the top’ – means surpassing set-top boxes and delivering video programming directly to television via broadband Internet access.” Consider these recent headlines: n The number of households using devices to stream video to TVs is quickly closing in on the total number of cable households in the U.S. n By 2018, one in five U.S. households will not subscribe to cable or satellite TV and by 2019, 4 out of 5 people in the U.S. will be regularly using a connected TV device. n Between 2013 and 2019, it’s estimated global sales of streaming devices will jump by nearly 200 percent. In addition to the continued projected growth in this space, a majority of U.S. homes currently use OTT streaming services to access entertainment, information and news at home and at work. And though the market as a whole is still fragmented across the devices people use to stream content - Roku, Apple TV, Amazon Fire TV, gaming consoles or smart TVs - local media organizations, for a large part, are still absent from this “ …perfection on the technique in which we deliver our local news and information shouldn’t be the aim in this quickly changing environment. Measuring the growing audience on what’s working while growing capabilities and content is a powerful process. growing environment. Why? The reasons we’ve heard at Calkins Digital are not surprising, but the similarity across the board has been. Since August, we’ve spoken team-to-team with dozens of local media companies across the U.S., from Washington to Texas, sharing our OTT video strategy. Calkins Media newspaper and television station properties launched some of the first local media channels on OTT starting in 2013, so the following questions and concerns sound familiar: n What is OTT? I/we/the boss doesn’t get what this is or why we should consider it. n How do we attain a return on our investment in OTT technology and apps if the audience is likely small? n And, content: our video strategy isn’t far enough along; we don’t have enough evergreen content; and we’re worried about the video quality, all make the list. Some ideas There are no silver-bullet answers here, but through a quick survey of my team, here are some ideas: To the first issue, maybe we can blame a clunky name or the fact that OTT is used to refer to not only streaming devices, like the Amazon Fire TV, but also content delivery, like the Hulu app on your iPad. Despite that, educating ourselves and others on the key trends and audience behaviors in this growing environment will continue to be critical. To the content issue: You’ve heard it before and here it comes again: iterate, iterate, iterate. Pushing a video strategy, setting new content goals and launching branded channels in OTT are processes (not events!) that take time. In local media, our default is set at getting things Mega-Con session spotlight Brandon Hughes Logan Molen “ Emily Dresslar 'Going Big on Video and OTT' A golden opportunity to hear more about OTT will be at this month’s Mega-Conference in Austin, Texas. Brandon Hughes, publisher of the Lubbock Avalanche-Journal, will share highlights from Morris’ development of AGNTV in Amarillo. And, Logan Molen, SVP and COO of The Bakersfield Californian, will showcase their video strategy which includes 26-40 hours of live stream programming an on demand video across a number of OTT platforms. More about the Mega-Conference on page 5. Emily Dresslar, left on panel, at the NewsTech Forum. right on the first go – a news story, a broadcast, a client’s ad. But perfection on the technique in which we deliver our local news and information shouldn’t be the aim in this quickly changing environment. Measuring the growing audience on what’s working while growing capabilities and content is a powerful process. At Calkins, for example, we’ve moved into creating linear channels in our OTT apps, in addition to local news and shows on demand, because we can see that engagement for these playlists is high. And finally, the thorny ROI issue: Typical of early innovation, there’s no easy path to investment return on already limited resources in local media. For us, the potential to reach new audiences by following the eyeballs was an opportunity too great to pass up. Flipping the question around, how do we defend our brands? In other words, what is the cost of NOT establishing our local media brands as the go-to stop for our markets on platforms like Roku, Amazon Fire TV and Apple TV? That was enough for us to invest. At December’s NewsTECHForum, David Rhodes, president of CBS News, was bullish on the future of news in his keynote talk with Harry Jessell, publisher/owner of TVNewsCheck. What will continue unabated looking forward, said Rhodes, will be the need for strong, accurate, original reporting. Combine that with the strength of the consumer adoption of streaming technologies and, for us, the OTT revolution isn’t coming. It’s already here. “I have had the pleasure of using AccountScout on a daily basis. Customer service of this caliber simply makes my job easier; more importantly, it improves the efficiency of our business” - Lacey, Rushing Media Lead your sales team with AccountScout, reaching dormant advertisers before you skip them! • Ad Management • eBilling & Receivables Affordable • CRM & Reminders Software, • Ad Repository • eTears Since 1991 • Many, Many Sales Reports! 303-791-3301 sales@fakebrains.com www.fakebrains.com 14 | LOCAL MEDIA TODAY | February 2016 The LMA staff is on the go hosting conferences, speaking at various industry events and conducting training across North America and Europe. The upcoming schedule includes: with LMA... IOWA NEWSPAPER CONVENTION AND TRADE SHOW February 4-5, Des Moines, Iowa LMA’s Amie Stein will be conducting three sessions at this event: n Leveraging contests, promotions and events for revenue growth n Digital best practices for advertising and news/leveraging existing data n Growing active accounts with non-traditional ads OHIO NEWSPAPER ASSOCIATION February 17-18, Columbus LMA’s Amie Stein will be involved in two sessions at this event. She’ll moderate the Ad Directors and Editorial Roundtables in which participants will discuss current issues and ideas in rapid fire format. Stein will also be involved in a breakout session Mining Data for Dollars. GOOGLE ANALYTICS TRAINING February 29, March 9, Northern and Northwestern U.S. LMA’s Amie Stein will be conducting training for a regional broadcast company at locations in the northern and northwestern parts of the U.S. BORRELL LOAC February 29-March 1, New York City LMA’s Nancy Lane and Peter Conti will be attending the 7th annual Local Online Advertising Conference presented by Borrell Associates. AMERICA EAST April 4-6, Hershey, Pennsylvania LMA’s Amie Stein will be conducting multiple sessions at this news media industry event. The America East Media Business & Technology Conference attracts more than 900 attendees from 20+ states and various circulations and areas of responsibility. NATIONAL ASSOCIATION OF BROADCASTERS SHOW April 16 - 21, Las Vegas, Nevada LMA’s Nancy Lane will be a panelist with executives from IAB and BIA-Kelsey on day two of this event. NAB is the chief advocate of America's broadcasters and the NAB Show® covers filmed entertainment and the development, management and delivery of content across all mediums. Some of the group during the visit to Google on a past Innovation Mission. LOCAL MEDIA FOUNDATION 7TH ANNUAL INNOVATION MISSION May 22-27, New York City and Silicon Valley LMA President Nancy Lane will lead a small group of senior level executives on this weeklong study tour with visits to a diverse mix of innovative media and technology companies. NEW YORK NEWS PUBLISHERS ASSOCIATION June 12-14, Sarasota Springs, New York LMA’s Amie Stein will be a featured speaker at NYNPA’s Ninth Annual Sales and Marketing Conference and will conduct a session on Google Grants and a Social Media Bootcamp. DIGITAL BOOT CAMP & SMB WORKSHOPS May 27-29, Southeastern U.S. LMA’s Amie Stein will be conducting a three-day digital boot camp for an award-winning southeastern newspaper company. LEAP MEDIA SOLUTIONS ROUNDTABLE August 24-26, Vail, Colorado LMA’s Nancy Lane will be one of several faculty members at this gathering and her lecture will revolve around the takeaways from the 2016 Innovation Mission. WAN-IFRA WORLD NEWS MEDIA CONGRESS June 12-14, Cartagena, Columbia LMA’s Nancy Lane will be conducting a small market workshop at this international gathering. To schedule training, inquire about these events or to discuss conference speaking opportunities, contact Peter Conti at Peter.conti@localmedia.org. Local Media Association R&D Members Ad Mall PRO Become a R&D Member • Right to vote on all Local Media Association issues • Monthly logo and contact listing in Local Media Today • Quarter page advertisement in the annual R&D partner issue of Local Media Today • Premium listing in the exhibit/sponsor brochure at LMA conferences and event Contact Al Cupo, al.cupo@localmedia.org , for more information February 2016 | LOCAL MEDIA TODAY | 15 Happenings Current and former Post and Courier photographers going over the photo report for consideration for a certain prize. The paper was awarded last year’s most prestigious Pulitzer Prize, the Public Service gold medal, for its series about the deadly toll that domestic violence takes on South Carolina women. Local Media Membership News NEWTON EXPANDS ROLE AT GATEHOUSE GateHouse Media has named Peter Newton as its Chief Revenue Officer. In addition Peter Newton to this role at CEO of Propel Business Services, Inc., Newton now leads the company’s corporate advertising and consumer marketing functions. Newton also serves as a member of the LMA board of directors. “In this expanded role, Peter will continue to guide our broader business services strategy. Additionally, his dual responsibilities will enable increased alignment between our developing network of ventures and our field sales operations, as we work together to grow new revenue streams,” said Kirk Davis, CEO of GateHouse Media. “As the architect of Propel Marketing’s revenue and organizational growth, Peter has consistently provided strong counsel, support and vision, as we have worked to evolve the digital acumen and accountability of the GateHouse Media field sales organization.” YUNT TO LEAVE WICK; JOIN UCC Tom Yunt, President and Chief Executive Officer (CEO) of Wick Tom Yunt Communications Co., has resigned his position effective April 5, 2016, Steve Phillips, Chairman of the Board of Directors of Wick Communications, announced today. Yunt has accepted a positon as Chief Operating Officer (COO) with United Communications Corporation (UCC) based in Kenosha, Wisconsin. He said his decision to leave was a personal one driven by the desire to be closer to his children and grandchildren who live in Iowa. “The company and the Board of Directors are disappointed to see Tom leave, but we understand his need to be closer to his family,” said Steve Phillips, chairman of the Wick board of directors. “During his two years at Wick Communications, Tom has worked with diligence to return the company to a more solid performance, enabled by a clear strategic plan, capable leadership, and disciplined execution and with an emphasis on our valued employees.” BERG TO KANSAS CITY The McClatchy Company promoted Tony Berg to president and pubTony Berg lisher of The Kansas City Star. Berg previously served as The Star's vice president for advertising. Berg, 38, has spent 15 years in the news industry in a variety of sales executive and leadership roles. Berg is a Kansas native and graduate of the University of Kansas. "Tony has a strong record of digital and print sales success at our company," said Patrick Talamantes, McClatchy's president and chief executive officer. "His leadership, teamwork and passion for the Kansas City community will serve The Star, our readers and our advertisers well." CNHI PUBLISHER JOINS POYNTER ADVISORY BOARD The Poynter Institute, a non-profit media training and research Karen Andreas center, has named Karen Andreas, regional publisher of CNHI’s North of Boston Media Group, to its national advisory board. Andreas was among five appointments announced by Poynter last month, includ- ing the selection of Rob King, vice president of ESPN’s SportsCenter and News, to the board of trustees, the institute’s governing body. Also named to the Poynter Advisory Board were ABC “Nightline” co-anchor Byron Pitts; Vox Media, Inc.’s Vice President for Growth and Analytics, Melissa Bell; and Time Inc.’s Editorial Director of Audience Strategy, Callie Schweitzer. HENSCHEN PROMOTED IN ARIZONA Mark Henschen, vice president of operations and circulation, has been Mark Henschen promoted to president and publisher of the Arizona Daily Star. The Daily Star is owned by Lee, and its business operations, Tucson Newspapers Inc., are owned jointly by Lee and Gannett. Henschen succeeds Chase Rankin, who left the Daily Star in 2015 to become vice president of advertising at the Arizona Republic in Phoenix. Henschen has served as interim president and publisher since June of 2015. "Mark has been a champion of outstanding customer service and reader relations his entire career, and that focus has been a hallmark of his highly effective and engaged leadership style," said Lee Enterprises Vice President of News John Humenik. NEW PUBLISHER AT THE REGISTER-MAIL Scott Carr has been named the new publisher at The RegisterMail (Illinois), a Scott Carr GateHouse property. Additionally, Carr will be the group publisher for GateHouse’s western Illinois publishing group. BH MEDIA GROUP BUYS THE FREE LANCE-STAR BH Media Group has acquired The Free Lance–Star, its website and print operation from Sandton Capital Partners for an undisclosed sum. With this acquisition, the Omaha, Nebraska based BH Media Group now owns 32 daily newspapers, as well as related weekly newspapers, in Virginia, Alabama, Florida, Iowa, Nebraska, New Jersey, North Carolina, South Carolina, Oklahoma and Texas. “The Free Lance–Star is a strong newspaper in a terrific market, and we’re delighted to be its new owner,” Terry Kroeger, CEO of BH Media Group, wrote in a news release. “We welcome the employees of The Free Lance–Star and Print Innovators to BH Media Group, and we look forward to working with them as we continue to serve our readers and advertisers in the Fredericksburg region.” LOCAL MEDIA CONSORTIUM PREMIUM CONTENT NETWORK REACHES 133 MILLION UNIQUE VISITORS IN NOVEMBER The Local Media Consortium (LMC) reports that its November 2015 monthly unique visitor count exceeded 133 million, as measured by comScore, reaching 51.4 percent of the total U.S. population and placing it as the 7th most visited news entity included in comScore's tally. "We're extremely proud of the LMC's unique visitor count and ranking. These findings validate the scaled premium and brand-safe advertising network we've worked hard to create as a solid solution for advertisers," said Christian Hendricks, Chairman of the Local Media Consortium's executive committee and Vice President for Products, Marketing and Innovation at McClatchy. Hendricks is also a member of the LMA board of directors. BLOCK ISLAND TIMES IS SOLD The weekly Block Island Times, the lone newspaper on this destination island for high-worth individuals from New York, Connecticut and Rhode Island since its founding in 1970, has been sold to the owners of Central Connecticut Communications LLC, publishers of two dailies and other publications. DV &M SANDTON CAPITAL PARTNERS HAS SOLD FREDERICKSBURG (VA) FREE LANCE-STAR 31,700 daily circulation 34,000 Sunday circulation TO BH MEDIA GROUP a subsidiary of Berkshire Hathaway We are pleased to have represented Sandton Capital Partners in this transaction. Dirks, Van Essen & Murray Santa Fe, NM t: 505.820.2700 www.dirksvanessen.com 16 | LOCAL MEDIA TODAY | February 2016 L M A There's a lot going on at… Upcoming webinars T Invest only time; learn a lot he next set of LMA-sponsored webinars currently scheduled are at NO COST to LMA members so mark your calendars and register today for these ‘quick bite’ 30 minute sessions. The presenters will succinctly deliver their message and allow time for Q&A. Don’t miss these golden opportunities to expand your knowledge. Register today at localmedia.org/webinars. culture supports strategy or strategy supports culture — or both — is one that comes up in companies of all sizes and ages. Our panel will consist of CEOs who have changed the culture in their local media companies. Moderator: Beth Lawton, author of “Building Culture: Beyond Ping-Pong Tables” Friday, February 26 11:30 -12:00 ET Building the Right Customer Rapport Tuesday February 2 3:00-3:30 ET How Newsy Can Help Your Site Attract, Engage and Monetize Millennials Freddie Godfrey Free to LMA members Owned by the E.W.Scripps Company, Newsy is the preferred video news provider for premium publishers who want to capture and monetize an engaged millennial audience. Their award-winning, 65 person newsroom, that grew out of the Reynold’s School of Journalism, creates and syndicates 1000+ pieces of original short-form content each month, covering: U.S. news, world news, politics, business, entertainment, technology, science, health and sports. With a unique business model that gives the publisher control over how to monetize the content, their videos are FREE and they simply share the revenue generated from the advertising. Partners include Raycom Media, Capitol Broadcasting, AOL, MSN and Comcast. Learn all about Newsy and how you can get started. Presenter: Freddie Godfrey, Director, Content Syndication, Newsy Tuesday February 9 3:00-3:30 ET Mike Blinder How are you being perceived when you make contact with that critical advertising prospect? Some experts say that they are pre-disposed whether they will do business with you within the first few seconds. Others state that what you say have very little to do with your odds to win their business, as how you say it. Mike Blinder will talk about what it takes to have the right B2B rapport to improve your sales each and every day, Note: This session is for ALL salespeople, management, sales, inside/outside, regardless of product being presented! Presenter: Mike Blinder, President, The Blinder Group Thursday, March 17 3:00-3:30 ET Cold Calling Alternative: Learn How to Create an Inbound Lead Strategy Stephen Warley Building Culture: Beyond Ping-Pong Tables Beth Lawton Free to LMA members Free to LMA members Culture is increasingly becoming a determinant factor in the success or failure of a business, its initiatives, ventures and product development. The question of whether n WEBINARS n CONFERENCES n BOOTCAMP BootCamp moves east Wall Street Journal to host N ext month’s acclaimed Deseret Digital Boot Camp, in partnership with LMA, is coming to New York City and is open for registration. The Wall Street Journal will host the twoday event, set for March 2-3. Attendance is limited and remaining slots are reserved on a first come, first served basis. This is an intense program designed for seniorlevel managers and executives that truly want to transform their media company. At the core of the program, DDM provides two days of training courses intended to accelerate digital competencies in a company's daily digital operations. The program conveys best practices in a disciplined environment and demonstrates the success of DDM’s practices in real-time. Nearly 100 media executives have attended the LMA’s three camps in 2015, and the reviews have been stellar. “Executable ideas. DDM was very granular and action-oriented. Fantastic,” said a recent Boot Camper from Baybridge Communications. Details and registration at www.localmedia.org/ training BONUS OFFERING: LMA has teamed up with the Borrell Local Online Advertising Conference being held February 29-March 1, also in NYC, for a special combo registration rate. Save up to $600 if you go to both high-powered events. Free to LMA members Cold calls have lost much of their effectiveness over the past few years. Stop chasing down potential clients and get them to come to you by creating an inbound sales lead strategy. Learn how to create sales content that converts highly-qualified sales leads for your local media organization! Presenter: Stephen Warley, Digital Revenue Consultant, Local Media Association Upcoming Local Media Conferences Digital Revenue Summit May 4-5, 2016 Gleacher Center, Chicago The faculty consists of six to eight of the brightest digital minds in the media industry representing TV, radio, newspapers and more (think Entercom, Hearst, Swift and more). This agenda focuses on how to significantly grow digital revenue in the next 12 to 18 months. Program will tackle video, native, e-commerce, mobile, audience extension and more backed by case studies and best practices. Social-Mobile-Video Produced by Borrell Associates, Local Media Association & Local Search Association August 17-18, 2016 Gleacher Center, Chicago Now in its fourth year, this conference is edgy and forward thinking. Specifically designed for digital executives who are focused on social, mobile and/or video, the agenda features a diverse mix of speakers. Executives from Google, YouTube, Pinterest, LinkedIn and Instagram have participated in past events along with media company execs that are killing it in these formats. Local Media Innovation Conference & Tech Expo September 18-21, 2016 The Westin Peachtree, Atlanta Local Media Events Summit November 2016 Dates to be announced soon Chicago The only conference dedicated to local media innovation across all platforms, this is LMA’s signature event. The program is laser-focused on helping local media companies develop innovative cultures/strategies and discovering new and sustainable business models. The Tech Expo features nearly 100 progressive R&D partners that can help media companies on the digital side of the business. Did you know that media companies that have invested in events divisions are seeing profit margins of 30 to 50% and revenue in the seven-figures? This summit showcases best practices and ends with a half-day exercise to develop a three-year business plan to launch or expand an events division. Fuller details for all conferences and online registration found at localmedia.org/events February 2016 | LOCAL MEDIA TODAY | 17 Effective selling is a skill that must be developed Sales training: Investment, not an expense By Peter Conti Sales & Marketing Director, LMA "I n many companies, 20 percent salesperson as a marketing and advertising of the sales force delivers 80 expert who can solve their marketing and percent of the revenue" accord- advertising problems. ing to Salesforce.com. Why not A trained sales team can generate new aim to help 100 percent of your sales team opportunities, which can lead to huge achieve its potential? returns for a company. The better trained Too often, when companies are looking your sales team is, the better results for your for bottom-line savings, many start to cut entire company. training budgets. Why? The usual thinkIt may sound simple but it is not always ing is that it is a fast win. Training can be so easy in practice. Salespeople need costly and the money saved looks good on training in the areas of listening, probing, the bottom-line. Training is also difficult to uncovering unseen needs and in conveyquantify. It is not so ing the value of their easy to determine products. The better trained your sales advertising the exact return on Along with a training investreinforcing value, team is, the better results for ment. (“How many salespeople need your entire company. extra banner ads to boost customer did we sell because satisfaction. It is easy of the sales training?”) to neglect many current clients with all the Sales departments are the core of the demands on a salesperson today. However, company. They produce the revenue that good salespeople know that they need to makes a company succeed. However, our get closer to their clients and bring them universe is changing dramatically and new ideas and plans for strengthening their daily. Salespeople need to be trained with business. Salespeople need to be trained the latest skill sets in order to sell in today’s in how to maintain and retain their current ever-changing market. clients. The amount of information a prospect In addition to maintaining their existing has at their disposal is vast. Business owncustomer base, salespeople must always be ers are much better educated today than growing that base. The old ways of finding they were years ago. They can Google any new prospects do not work much anymore. digital marketing topic and get as much Today salespeople need to be trained and information or more than the salesperson up-to-date on the latest digital tools that may have. They have already researched they can leverage for reaching a prospect. the products and services the salesperson Salespeople must know how to find quality may be selling. They expect a salesperson prospects, the facts and myths of prospectto be able to come in and tell them in ing, how to find high-potential prospects, detail about their marketing products and how to find prospects online and how to services, how they will work for them and develop a prospect script. what kind of results they can expect. They Solution expect a salesperson to understand all LMA offers media-centric, economifacets of an integrated marketing campaign cal and effective training alternatives. and to communicate the benefits and risks You can put your salespeople through the involved with a digital advertising camLMA online sales certification courses that paign. allow the salesperson to take the course As such, a salesperson needs to be at their desk and at their own pace. There skilled in communicating, negotiating and operating in a consultative fashion with the is one for basic sales training and one for advanced digital sales training. You could prospect. All these skills come in to play take advantage of the Google AdWords and when it is time to secure the order when Analytics training offered through the live given the opportunity. LMA training webinars. You could also hire Salespeople also need to reinforce the LMA’s Director of Training and Developvalue of their products and services with ment Amie Stein to come to your market to current clients. It’s not about selling more, do in-house training rather than sending it is about finding more ways to add value. people out to (more expensive) training A salesperson can reinforce their expertise courses. as a problem solver, they can better posiBy wisely selecting high quality and tion the benefits and advantages of a clicost-effective training, you can keep your ent’s product and they can provide an ROI analysis. These are all ways of adding value. clients happy, increase your client base and The client wants to be able to consider their increase your sales revenue. “ “ For more information contact Pete at peter.conti@localmedia.org How do they do it? Since joining Swift Communications as its leader at The Aspen Times, Samantha Johnston has helped her team achieve significant revenue growth in both print and digital. Don’t miss next month’s Q&A interview with Sam to learn more about her strategies. Coming in March issue of Local Media Today! Make a Impression. Partner with one of the state’s largest, most-trusted printers The Northwest Leaf • Seattle Weekly • Port Townsend Leader Honda USA • MARKETING • The Daily Herald Local Media Today • Stihl USA • Seattle Gay News • La Raza NW Tacoma Weekly • Phuong Dong Times Flexible, cost-effective commercial printing options plus, high-end UV printing technology produces more vivid and vibrant results and is more eco-friendly than heatset. Engage. Inform. Integrate. Call today for a press tour! 425.355.0717 x7555 11323 Commando Road W., Unit Main, Everett, WA 98204 18 | LOCAL MEDIA TODAY | February 2016 Q&A CONT. FROM PAGE 2 » There are so many aspects of the local sales model that need to be re-thought. Datadriven marketing, true consultative selling, smarter packaging, better training…a better mousetrap all-around. That’s the problem we’re laser-focused on solving today through big ideas like data-driven marketing automation and sales pipeline management tools that are built specifically for local media – not one-size-fits-all systems. Now it’s about bringing all of this together. Q “Build it or partner?” – a common question media companies ask, especially when looking at digital solutions. How should media companies evaluate partnership opportunities? When is it good to partner? When is it not? Tips to help the assessment process? A I think this question ultimately comes down to honestly evaluating core competencies. Or, to borrow from Jim Collins, what can you be the best in the world at? And what is the economic engine tied to that? Everything else augments this vision, and if it lies outside of core competencies but pushes forward this mission, then a partnership path makes sense. I work at a product company. We’re proud geeks! We LOVE to build stuff. It’s in our DNA. But as we’ve grown bigger, and grown up, we’ve had some hard learnings – namely, we can’t build everything. But we want to solve huge problems – our appetite has never been bigger. How do we reconcile this? We make honest assessments about what we can build that’s world class, and if it directly aligns with our mission. When considering an opportunity, if the answer is no to the first and yes to the second, then we’ll look for great partners to extend our mission. To me, the single most important quality in a partner is customer obsession. I don’t use that term flippantly. They should obsess over how to help you grow. They should be proactive. You should feel confident enough in them that you pick up the phone to bounce ideas off them that may have nothing to do with their product because you trust them. like advertiser audit reports and top-notch reporting systems to allow them to focus on selling, not process. Train them like crazy, and then train some more! At the end of the day, you have to invest to get return, so paying and incentivizing competitively against the digital pure plays that have been land grabbing both market share and top sales reps are critical. I realize that wholesale overhauls are difficult, and in many cases unrealistic. But I also know that building telesales centers, verticializing sales forces, and marketing fullspectrum digital offerings requires a different breed of seller. Q A What can local media companies do to build and strengthen relations with their advertising clients? I think as an industry we have to stop just relying on our brands. Yes, those brands are important. Let’s not minimize that. But advertisers have more challenges that ever – they need partners who consistently deliver results, regardless of any history with them. I think this comes back to listening…really, genuinely listening. We kick around the term “consultative selling” a lot, but are we really doing that in earnest? Or do we bring preconceived notions and rhetorical questions to sales conversations? Are we authentically trying to solve their specific problems, or trying to protect our margins and hang on to existing budgets? I’m not naïve. I know the harsh industry realities we face. But until we truly deliver the solutions that our advertisers are pining for, we’ll lose market share. This doesn’t mean selling more things – the sales bag is already plenty full! It means selling smarter, and more thoughtfully. Q Where do you see the biggest opportunities for local media companies in 2016? A It’s a tough environment out there – there isn’t money to burn, so smart bets are essential. I think we also know that there isn’t a single silver bullet. You’re going to need to make several bets then find a few that really pay off. n Live events are one that local media companies can take advantage of right away, with their established brands and access to content and newsmakers. n I think you’ll see sales forces become more data-driven this year, which should make them more efficient and consultative. n Speaking of data, publishers will protect, collect, organize and utilize more data than ever to produce more relevant content and deliver more meaningful advertising. n And leading technologies that have really only been accessible at enterprise level will start to become much more relevant to local advertisers. Programmatic display and video top that list. Q What industry thought leaders do you follow on a regular basis? A Q Media companies often have to choose where they want to funnel revenue development energies and resources, especially as the pace of digital evolution whirs faster and faster. How can media companies get more prudent about choosing the right bets to make? And ensure that these bets have a higher outcome of success? A First, listen to customers – obsessively! Both readers and advertisers. Let’s stop pushing them what we think they want or what we want them to want, and start observing their behaviors and assessing their attitudes. From there, we can identify key themes that fuel ideation, story mapping, and prototypes to test. It’s the truest way to achieve product-market fit; i.e. build products and services that directly solve problems that users have identified. I think I already mentioned this, but also understand how digital bets can build on core competencies. Local media orgs are market leaders in several areas: content creation, brand awareness, community engagement, and more. To make disparate resource commitments to wildly different areas that don’t tie back to your foundational advantages is inefficient. We’re not VCs; we’re not incubators. Let’s find smart ways to take advantage of the things we do best. Q A Turning to sales productivity. Tips for recruiting/training and incenting sales forces? Thoughts on how local media companies can boost sales efficiencies? Well, aside from leveraging data and technology to make a more efficient machine, there’s the people dilemma. I believe digital sales success requires an entirely different mode of thinking. For instance, hire reps that may have never sold traditional media. Give them tools I wrote my Master’s thesis on the principle of creative destruction, which is rooted in elements of “the innovator’s dilemma,” so I follow and admire practitioners of these ideas. Clayton Christensen, Tim Wu, Chris Anderson, Penny Abernathy (my mentor in graduate school). Also, my background isn’t in product, but I’ve grown to admire smart product builders with perspectives on how to systematize iterative, successful product development. Paul Graham and Ben Horowitz come to mind. Q Finally, what are some of your best business maxims? A “Don’t be competitor obsessed; be customer obsessed.” “Always have a bias toward action. There’s value in calculated risk-taking.” “Find the right balance between working IN the business and working ON the business.” “Hire good people, and get out of their way (but don’t leave them alone!)” Finally, one from my CEO (I’m biased, I admit): “10x, not 10%.” Think about exponential opportunities instead of incremental improvements. February 2016 | LOCAL MEDIA TODAY | 19 20 | LOCAL MEDIA TODAY | February 2016 L A T I G I GO D MAXIMIZE Newspaper packages from only $199 YOUR AUDIENCE per month. 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