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Slides supporting presentation by Chuck Peters to NAA MediaXChange audience on March 10, 2009 in Las Vegas
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Media X Change
Chuck PetersCEO, The Gazette Company
March 10, 2009
“THE PHYSICS OF MEDIA ARE CHANGING”*
Limited distribution channels
Abundant attention
Unlimited distribution
Attention scarcity
*http://www.fistfulayen.com/blog/?p=147
Space defined by Media Owner
Brand in control
One way / Delivering a message
Repeating the message
Focused on the brand
Entertaining
Company created content
Space defined by Consumer
Consumer in control
Two way / Being a part of a conversation
Adapting the message/ beta
Focused on the consumer / Adding value
Influencing, involving
User created content / Co-creation
COMMUNICATIONS MEDIASOCIAL MEDIA
So this requires
a different mindset
different approaches
different ways of working
http://www.flickr.com/photos/adviceposters/sets/72157602720078403/
COMMUNITIES DRIVE BRANDS, COMMUNITIES DRIVE TRAFFIC
Higher repeat visits
More Loyal Users
Higher levels of interactionMore useful site
More content
More traffic
More links
More authority
ONLINE COMMUNITIES CAN BE A PUZZLE
UNTIL YOU REMEMBER THEY ARE ALL HUMAN
AND STOP TRYING TO CONTROL THEM
www.spy.org.es/upload/actuacion/imagen-35.jpg
UNDERSTAND HOW THEY WORK
91 90
Every community has super-users – high authority, highly active
Know who they are
• Our mission is to be the information provider of choice through a dynamic mix of innovative products and services. We will create and maintain mutually beneficial, long-term relationships with our customers, employees, and the communities we serve.
• Strengthening communities by engaging and informing participants through interactive processes.
Company Confidential 8
Mission Statement & Vision
Business Model
• Vision = Strengthen our Communities
• Success = Attention x Trust x Convenience
• = Assets
• Revenue = From numerous smaller sources
• Costs Company Confidential 9
Culture• Franchise Start up
• Baseball Hockey
• Intrude Relationship
• Authority Transparency
• Product Network
Trust, Fairness, and Accuracy
Company Confidential 10
Change in the way we do business….From a “Franchise”
Company Confidential 11
• Traditional network of products and services: assuming one size fits all.
• Push of information and content.
Newspaper BroadcastCommercial
Printing
Change in the way we do business….To a “Start Up”
Company Confidential 12
• Network of products and services: not trying to be everything to all people.
• Strategic products developed to reach and interact with untapped audiences.
Re-Envisioned Newspaper
Hoopla
Sports
Iowa .com
Gazetteonline.com
Broadcast – 9.1
9.2
KCRG.comCommercial
Printing
Production Services
Change in the way we do business….
Company Confidential 13
• Independent Actors• Relate to all products and services on various levels.
Shared Services – Feeding or Supporting the Network
Un-packaged Content -ICE
AD&M
Customer Care
Tech SvcsDistribution
Production Svcs
Sales
Content W /Agenda
TP Sources
Company Confidential 14
Superblog structure
"Over and over again, connecting people with one another is what lasts online. Some folks thought it was
about technology, but it's not.“
Seth Godin
AND IT’S NOT ABOUT THE TECHNOLOGY
Image: http://www.gapingvoid.com/
Employee Expectations Each employee will move the Culture:
Permission Seeking
Awaits DirectionFocused Job Responsibilities
Agree; Avoid Conflict
Do things perfectly; Takes few chancesMakes "popular" decisionsMediocre performance is acceptable/standard
Preserves the status quo
Independent Actors - Works Freely within Established BoundariesSelf-Learner, Seeks Information
Wear Multiple HatsBuilds Constructive and Effective Relationships
Willingness to try new things and fail
Makes timely, necessary decisionsRaising the bar; high achievement becomes the standardResults driven - can be counted on to achieve/exceed goals
Company Confidential 17
Company Confidential 18
WHAT’S NEXT IN MEDIA
Neil Perkin
Only Dead Fish
http://neilperkin.typepad.com/
HOW SOCIAL MEDIA CHANGES THE RULES FOR GOOD
Special Thanks to Neil Perkin for use of his slides from: