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RETHINKING PUBLISHING IN THE
CONTENT MARKETING ERA
Matthew Buckland | Creative Spark | www.creati vespark.co.za
Edgars’s Club Advertising Summit
2015 | Johannesburg
TM
The digital/internet era caused massive
disruption & change in just about every
industry. Here are a few...
Banking & financial services: Bitcoin, Google
Wallet, ApplePay
Banking & financial services: Peer-2-Peer
lending, cutting out the banks, Wonga,
Snaplify, Friendsurance
Credit: teeveetee.blogspot.com
Travel & hospitality: Uber
Travel & hospitality: airbnb
Telco: whatsapp. Death of SMS greatly
understated. Now, death of “calls”?
Medical: mines data from millions of
studies to make assessing medical
experts and treatments easier
Medical:behavioural analytics platform
that turns smartphone data into health
insights
Self diagnosis: Philips vital signs camera
(available on app store)
...disruption also in
education, retail,
government,
consumer
electronics. In the
media & marketing
world we have seen
unprecedented
disruption too...
MEDIA
CHOICE
Mainstream media
consisted of a few
choices in TV, radio
and newspapers.
Then came the
internet...
Massive digital fragmentation: many
options, competition for our time &
competition for media businesses
BUSINESS MODEL
Competition for both revenue &
reader attention. Media &
advertisers need to figure out a
new paradigm: platforms, ad
formats, content types, distribution
& business models
Internet instigated a dramatic fall in
the economics of media. It’s now
cheaper, faster, quicker to produce
& distribute media allowing non-
media companies, bloggers, one-
man shows to get in on the media
game. Therefore all companies are
media companies = massive
competition for eyeballs & revenue
MODELS
• Superdistribution: the forwarding of media through social
networks means a tiny publication with an important article
can reach huge audiences quickly & at no additional cost*
• Presence of networked video cameras in people’s pockets
increasingly means reporting comes from readers*
• Print felt disruption first... now TV (internet TV in fast
bandwidth era) & Radio (podcasting) beginning their
disruption cycles
• New platforms mean new rules (tablets & all digital devices)
DIGITAL MEDIA DISRUPTION
* Post-Industrial Journalism: Adapting to the Present: COLUMBIA JOURNALISM SCHOOL
...in the home
...in shops
TV, Parrot here
Here already...
Everywhere... looming media battle to
disseminate content to and monetise
just about any surface...
...even solar-powered
LED roads??
elitedaily.com
• Soaring user numbers, but revenues struggling: 10c
per print user, vs 1c per digital user
• Paid content online is NOT WORKING, except in limited
cases where financial data or B2B research data sold
• Fierce (and unfair - tax) battle for digital advertising
pie from Google (R1,5bn) & Facebook (local office)
• Advertising flocking to these new businesses. Why?
Reach, scale & ease of placement; better targeting &
engagement; better ad formats & placement;
CPC/shared risk model
DIGITAL PUBLISHING 2015
• Niche publications that serve rich advertising
ecosystems will continue to thrive
• We are seeing rise of new, lean media companies that
are able to run profitably & extract value (Open source
tech, crowd-contributor model, new ways of working)
• But digital publications in general still searching for
optimal revenue models
DIGITAL PUBLISHING 2015
• “Light bulb moment”: Stop seeing ourselves as Online
Publishing but as a Content Distribution Network
• Secret behind any site is the web of business deals,
distribution decisions behind it that sees its content
activated and monetised on new platforms
• Successful digital operation sees website/CMS at the
centre, distributing content & brand to a variety of platforms
RISE OF THE
CONTENT DISTRIBUTION
NETWORK
WEBSITE/
CMS
APPS & OTHER
DEVICES
PRINT
EVENTING
SOCIAL
MEDIA
VIDEO/TV
AUDIO/RADIO
THE CONTENT
DISTRIBUTION
NETWORK
Also known as “Hub &
Spoke”. CMS distributes
content to other platforms
& social media. Create
content once and
publish everywhere
SYNDICATION
EMAIL
• Print is many a digital philosophers’
punching bag
• Print will not die, but will shrink, niche
• Like theatre became smaller & premium
• High barriers to entry (cost) ironically make
medium better businesses
• Print publications “dedicated devices” –
more effective at getting your attention
• Digital overload & too many choices in a
busy world: Print able cut through noise
• A good option for niches with loyal
communities
“ATTENTION”
Fire vs electric heater
Print vs online
‘Common sense’ that one
would replace the other
“Easier, cleaner, faster”
vs “dirty & old”
But each has different feel
& function
ANALOGY
• Well, many hardcore, new-
economy digital businesses
• Net-a-porter, AirBNB (Pineapple),
Uber (for drivers), Politico,
Allrecipes, Ars Technica, Pando
• Locally: ITWEB (for the last 15
years)
WHO IS DOING IT?
WE ARE
DOING IT!
#platforms #contact
#expansion
WITH THANKS
TO JOHN BROWN
• Last 10 years has seen a search for new revenue models
• Banner ads alone are not cutting it
• Banner ads an outdated model: a pre-social media & pre-
search invention: not shareable, searchable, emotionally
engaging or ‘interruptible’
• (Users don’t mind interruptions if advertising relevant &
useful)
• Harder to ‘distribute’ banners to broader internet in a
medium that is all about distribution & sharing
NEW ADVERTISING MODELS
• Paradoxically banner CPMs dropping as sites get
bigger (supply & demand)
• We need to get creative: advertising types,
placements, creative, platforms
• New product innovation: Programmatic, native
advertising, sponsored content, advertiser
partnerships, full page tablet & smartphone ads
NEW ADVERTISING MODELS
Display (mobile)
- Native advertising is part of a site’s core newstream,
therefore plugs into its existing distribution network (RSS
feeds, social media, email, apps, syndication etc)
- Is also part of search ecosystem
- Is ‘interruptive’
- Is shareable
- Can live “forever”
- Encourages user engagement (commenting)
- Publishers therefore can charge higher CPMs
NEW ADVERTISING MODELS
- Native advertising is a form of advertorial (2.0) or
content marketing for the search & social era
- We differentiate between “sponsored content” and
“native advertising”
- Ethics are key: commercial vs editorial to be clearly
delineated to maintain credibility
- New ethical dilemmas arise: show sponsored during
share etc?
NEW ADVERTISING MODELS
Glimpse of content & news in
the future. Hint: it will not be on
your phone or in a browser
OUT THERE
IT WILL BE
Will media publish traffic &
weather info on their websites
...or the roads?
THANK YOU
TWITTER: @matthewbuckland
EMAIL: matthew@creativespark.co.za

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Rethinking Publishing in the Content Marketing Era 2015

  • 1. RETHINKING PUBLISHING IN THE CONTENT MARKETING ERA Matthew Buckland | Creative Spark | www.creati vespark.co.za Edgars’s Club Advertising Summit 2015 | Johannesburg
  • 2.
  • 3. TM
  • 4.
  • 5.
  • 6.
  • 7. The digital/internet era caused massive disruption & change in just about every industry. Here are a few...
  • 8. Banking & financial services: Bitcoin, Google Wallet, ApplePay
  • 9. Banking & financial services: Peer-2-Peer lending, cutting out the banks, Wonga, Snaplify, Friendsurance Credit: teeveetee.blogspot.com
  • 12. Telco: whatsapp. Death of SMS greatly understated. Now, death of “calls”?
  • 13. Medical: mines data from millions of studies to make assessing medical experts and treatments easier
  • 14. Medical:behavioural analytics platform that turns smartphone data into health insights
  • 15. Self diagnosis: Philips vital signs camera (available on app store)
  • 16. ...disruption also in education, retail, government, consumer electronics. In the media & marketing world we have seen unprecedented disruption too... MEDIA
  • 17. CHOICE Mainstream media consisted of a few choices in TV, radio and newspapers. Then came the internet...
  • 18. Massive digital fragmentation: many options, competition for our time & competition for media businesses
  • 19.
  • 20. BUSINESS MODEL Competition for both revenue & reader attention. Media & advertisers need to figure out a new paradigm: platforms, ad formats, content types, distribution & business models
  • 21. Internet instigated a dramatic fall in the economics of media. It’s now cheaper, faster, quicker to produce & distribute media allowing non- media companies, bloggers, one- man shows to get in on the media game. Therefore all companies are media companies = massive competition for eyeballs & revenue MODELS
  • 22. • Superdistribution: the forwarding of media through social networks means a tiny publication with an important article can reach huge audiences quickly & at no additional cost* • Presence of networked video cameras in people’s pockets increasingly means reporting comes from readers* • Print felt disruption first... now TV (internet TV in fast bandwidth era) & Radio (podcasting) beginning their disruption cycles • New platforms mean new rules (tablets & all digital devices) DIGITAL MEDIA DISRUPTION * Post-Industrial Journalism: Adapting to the Present: COLUMBIA JOURNALISM SCHOOL
  • 25. TV, Parrot here Here already...
  • 26. Everywhere... looming media battle to disseminate content to and monetise just about any surface...
  • 28. • Soaring user numbers, but revenues struggling: 10c per print user, vs 1c per digital user • Paid content online is NOT WORKING, except in limited cases where financial data or B2B research data sold • Fierce (and unfair - tax) battle for digital advertising pie from Google (R1,5bn) & Facebook (local office) • Advertising flocking to these new businesses. Why? Reach, scale & ease of placement; better targeting & engagement; better ad formats & placement; CPC/shared risk model DIGITAL PUBLISHING 2015
  • 29. • Niche publications that serve rich advertising ecosystems will continue to thrive • We are seeing rise of new, lean media companies that are able to run profitably & extract value (Open source tech, crowd-contributor model, new ways of working) • But digital publications in general still searching for optimal revenue models DIGITAL PUBLISHING 2015
  • 30.
  • 31. • “Light bulb moment”: Stop seeing ourselves as Online Publishing but as a Content Distribution Network • Secret behind any site is the web of business deals, distribution decisions behind it that sees its content activated and monetised on new platforms • Successful digital operation sees website/CMS at the centre, distributing content & brand to a variety of platforms RISE OF THE CONTENT DISTRIBUTION NETWORK
  • 32. WEBSITE/ CMS APPS & OTHER DEVICES PRINT EVENTING SOCIAL MEDIA VIDEO/TV AUDIO/RADIO THE CONTENT DISTRIBUTION NETWORK Also known as “Hub & Spoke”. CMS distributes content to other platforms & social media. Create content once and publish everywhere SYNDICATION EMAIL
  • 33. • Print is many a digital philosophers’ punching bag • Print will not die, but will shrink, niche • Like theatre became smaller & premium • High barriers to entry (cost) ironically make medium better businesses • Print publications “dedicated devices” – more effective at getting your attention • Digital overload & too many choices in a busy world: Print able cut through noise • A good option for niches with loyal communities “ATTENTION”
  • 34. Fire vs electric heater Print vs online ‘Common sense’ that one would replace the other “Easier, cleaner, faster” vs “dirty & old” But each has different feel & function ANALOGY
  • 35. • Well, many hardcore, new- economy digital businesses • Net-a-porter, AirBNB (Pineapple), Uber (for drivers), Politico, Allrecipes, Ars Technica, Pando • Locally: ITWEB (for the last 15 years) WHO IS DOING IT?
  • 36. WE ARE DOING IT! #platforms #contact #expansion WITH THANKS TO JOHN BROWN
  • 37. • Last 10 years has seen a search for new revenue models • Banner ads alone are not cutting it • Banner ads an outdated model: a pre-social media & pre- search invention: not shareable, searchable, emotionally engaging or ‘interruptible’ • (Users don’t mind interruptions if advertising relevant & useful) • Harder to ‘distribute’ banners to broader internet in a medium that is all about distribution & sharing NEW ADVERTISING MODELS
  • 38. • Paradoxically banner CPMs dropping as sites get bigger (supply & demand) • We need to get creative: advertising types, placements, creative, platforms • New product innovation: Programmatic, native advertising, sponsored content, advertiser partnerships, full page tablet & smartphone ads NEW ADVERTISING MODELS
  • 39.
  • 41.
  • 42.
  • 43.
  • 44. - Native advertising is part of a site’s core newstream, therefore plugs into its existing distribution network (RSS feeds, social media, email, apps, syndication etc) - Is also part of search ecosystem - Is ‘interruptive’ - Is shareable - Can live “forever” - Encourages user engagement (commenting) - Publishers therefore can charge higher CPMs NEW ADVERTISING MODELS
  • 45.
  • 46. - Native advertising is a form of advertorial (2.0) or content marketing for the search & social era - We differentiate between “sponsored content” and “native advertising” - Ethics are key: commercial vs editorial to be clearly delineated to maintain credibility - New ethical dilemmas arise: show sponsored during share etc? NEW ADVERTISING MODELS
  • 47. Glimpse of content & news in the future. Hint: it will not be on your phone or in a browser
  • 49.
  • 50.
  • 51. Will media publish traffic & weather info on their websites ...or the roads?
  • 52.
  • 53. THANK YOU TWITTER: @matthewbuckland EMAIL: matthew@creativespark.co.za