Graphic Arts Magazine October 2018 | Page 30

Feature codes that you can scan with your iPhone camera or Android app if you want more information – not unlike interactive packaging. So, print is being used to drive eyeballs to thestar. com website. And it works, although newspapers don't make as much money from digital ads as they do from print ads. I mean, how could anyone resist headlines like: “Novelist who wrote How to Murder Your Husband charged with murdering her husband” or “Boy survives after meat skewer pierces skull.” Now that’s what I call good, old-fashioned journalism! But newspapers are employing other interesting strategies. One of the most contentious is whether to set up a pay wall (i.e. charge for content). Whether it’s a subscription-based model or a pay-per-article model, the key is how to create value for readers that they’re willing to pay for. One idea is to generate sites or mini-sites where readers only pay for content covering specific areas of interest – such as sports, medicine, politics, etc. Some papers require readers to pur- chase a paid subscription before accessing any online content, while others have established ‘metered access’ models (i.e.: first 10 articles free, then readers are asked to pay). Going niche can also work, as readers are finding value in the specific subjects or areas they find most interesting, or that impact them personally. The idea of printed, sectioned news stuffed into one physical newspaper seems to be less valuable, especially to today’s younger readers. I grew up on flipping through printed newspapers, but I’m a stubborn 70-year-old. For me, reading news from a computer screen after working in front of one for six hours, is simply too exhausting. That being said, newspapers and news outlets need to concentrate on what they do best and report on that. Think politico.com, TSN, or The Food Network. Integrating real-time reporting with social media platforms is another option for newspaper websites. For example, break- ing news stories are usually huge traffic generators. But today, when news breaks, it often happens first on Twitter. Some newspapers have integrated Twitter into their websites or news operations, being very careful to avoid repeating con- tent that’s already in a story. Investing in mobile e-readers or smartphones is another strategy. In fact, news organizations are becoming the fastest growing iPhone app category. One strategy is for news organ- izations to partner with carriers to automatically include their news app on these phones. Adding more community news is another option. In Canada, community newspaper readership remains strong. Three quarters of Canadians (73%) in non-urban centres read a community newspaper. This steady readership suggests that community newspapers continue to remain relevant to local residents for news, information and advertising. Diversifying digital ads is another possibility. Most news- papers sell classified or display (banner) ads online. Yet only 40% of newspapers are devoting significant efforts to selling 30 | October 2018 | GRAPHIC ARTS MAGAZINE smart or targeted advertising – the category widely predicted to eventually dominate local markets. It’s a given that reader feedback is important. But it surprised me that many newspapers still either don’t have this feature on their websites or have various rules as to which stories allow comments and which don’t. Ok, in many cases it’s because the comments are vulgar, but rules for feedback should be clearly spelled out. “The one thing most likely to make the public value newspapers, is for newspapers to value the public,” one expert said. The bottom line A profound shift in the newspaper business model, evolving for years, has arrived. Global newspaper circulation revenues are larger than newspaper advertising revenues for the first time this century, according to the World Association of News- papers and News Publishers (WAN-IFRA). And newspaper ad revenues are falling nearly everywhere globally, despite circulation revenues remaining relatively stable. A recent WAN-IFRA study summed it up best: “Print used to be one of few traditional marketing channels and the logical branding choice for marketers. This direct relationship of mutual dependence no longer exists. Advertisers now have more than 60 different advertising media channels available to them.” The really ugly news I have a shocking revela- tion! In every study I’ve seen as far back as the 1950s (and having worked as a writer in the Communi- cations Department of the Toronto Star from 1969- 1989), people read newspapers primarily to keep them abreast of the news. The balance read them for the advertising information. What they do NOT read newspapers for, is a reporter’s personal opinions – which in those days was strictly reserved for the editorial pages and a few fact-based columnists. That’s all changed now, as many news outlets have abandoned their principles and become blind mouth- pieces for left-wing or right-wing opinions or politics. This represents one of the worst traits of our species – tribalism! And it’s absolutely destroying the faith that readers have in objective reporting. For more, see my column on page 8. Global newspaper circulation revenues are larger than newspaper advertising revenues for the first time this century Tony Curcio Editor, Graphic Arts Magazine [email protected] graphicartsmag.com