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How The Golden Rule drives business success Jay Lauf / @jlauf / [email protected] President and publisher

How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

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Page 1: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

How The Golden Rule

drives business

success

Jay Lauf / @jlauf / [email protected]

President and publisher

Page 2: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute
Page 3: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute
Page 4: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

Russia

Poland

Hungary

France

Slovakia

China

Brazil

Vietnam

South Africa

Czech Republic

Turkey

Colombia

Australia

South Korea

Italy

UK

Argentina

Spain

Canada

USA

Mexico

Philippines

India

Japan

Germany

Saudi Arabia

Indonesia

Thailand

Nigeria

Kenya

Mi l lward Brown AdReac t ion 2014, v ia Mary Meeker ’s 2014 In ternet Trends

The world is spending more time on mobile than ever before.

Daily distribution of time

on mobile... vs. desktop

Page 5: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

A recent Twitter search:

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Page 7: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

38%

36%

31% 30% 30%

28% 27%

26% 26% 25% 25%

24% 24% 24% 23% 23% 23%

22% 21% 21% 21%

20% 20% 20%

12%

10%

0%

10%

20%

30%

40%

POL GRE TUR IRE FRA SPA SWE AUT POR HUN GER USA FIN DEN BEL NOR AUS CAN CZE BRA UK NLD ITA SUI KOR JPN

Ad blockers are widely used around the world.

Source: Reuters Institute Digital News Report 2016.

Share of Reuters Institute Digital News Report respondents who use an ad blocker

Page 8: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute
Page 9: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute
Page 10: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

The golden rule:

Treat others the way you want to be treated.

Page 11: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute
Page 12: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

Facebook and Google favor sites with good user experiences.

Share of external traffic to 700+ media sites, according to Parse.ly

Facebook

Google

Twitter Yahoo

80% of all

referral

traffic

Source: Parse.ly Network Referral Dashboard, as of March 7th, 2017.

Page 13: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

On average, Quartz’s revenue has

doubled every year of our existence.

Page 14: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

The Quartz Global

Executives Study

documents the media

habits of the world’s

smartest, busiest

people. We surveyed 1,357 executives from

around the world to find out how they get

news, why they share content, and how

they feel about advertising.

Page 15: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

28% INTERACTIVE

FEATURES

27% VIDEOS

12% AUDIO

CLIPS

5% VIRTUAL OR

AUGMENTED REALITY

1% CHATBOTS

68% DATA

VISUALIZATIONS

52% CHARTS

52% PHOTOGRAPH

Y

45% INTERVIEWS

35% MAPS

Which of the following formats and features tend to

draw you in to a piece of content?

Executives are most likely to notice highly visual

content.

Page 16: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute
Page 17: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

85% of executives say the source of a

piece of content influences their

decision to share it.

Trust in the news brand is the #1 factor in

their decision of whether to click on a

link.

Page 18: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

Quartz design principles

1. Stay out of the user’s way.

2. Let the content shine above all.

3. Ensure it works best on phones.

4. Remove before adding.

5. Make big decisions with your gut, and small decisions with data.

Page 19: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute
Page 20: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute
Page 21: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute
Page 22: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

When there’s a surplus of inventory, prices

collapse.

Price

Quantity

Supply

Demand

Surplus

Page 23: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute
Page 24: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

“Wondering about the future

of news and chat apps?

Quartz just launched it.” — Andrew Losowsky, project lead, Mozilla

Page 25: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

“One of my favorite things

about the new Quartz app?

The ads. Friendly and

unobtrusive.” — Lee Simpson, product designer

Page 26: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

“The only newsletter I read

daily and actually look

forward to receiving these

days.”

— Tiang Lim Foo

Page 27: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

“Super synergy of worthy journalism and

native ads”

“Lead illustrations transform what could feel like

a heavy white paper into an editorial format that

feels fun and fresh.”

“Must read”

Jody Brannon

Board of Directors, Online News Association

20,000 social shares

Ad performed 2.4x above benchmark

Page 28: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

84% of executives are

open

to content from brands,

as long as it’s high-quality

and clearly labeled.

Page 29: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

9 out of 10 executives

are likely to share a

good piece of content.

Stéphane Richard Chairman and CEO,

Orange

Eric Schmidt Executive Chairman,

Alphabet

Carlos Haertel CEO for Germany and

Austria, GE

Ann Cairnes President for International

Markets, Mastercard

Page 30: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

Does it actually work?

Page 31: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

Our CPMs are significantly higher

than the industry average.

Page 32: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

Our CTRs are 4x

the industry

average.

Page 33: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

Our expansion

rate is 62%

higher than the

industry average.

Page 34: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

Our video

completion rates

are 42% higher

than the industry

average.

Page 35: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

212 advertisers have tried Quartz…

Page 36: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

212 advertisers have tried Quartz…

and 95% have done repeat business.

Page 37: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

2013 2014 2015 2016

Quartz’s revenue growth since launch

Page 38: How The Golden Rule drives businessd1ri6y1vinkzt0.cloudfront.net/media/documents/DIS2017_Quartz_JayLauf.pdfSource: Reuters Institute Digital News Report 2016. Share of Reuters Institute

Danke!

Jay Lauf / @jlauf / [email protected]

President and publisher