No one knows the silver bullet that will save media companies struggling to survive in today's economy, but more than a few media execs are certain of one thing: there will be a premium on trust. Speaking at IWantMedia's Future of Media: 2009 panel, Nick Denton, Craig Newmark and Jack Dorsey were agreed that success online will increasingly depend on consumer trust. (video here)
According to Newmark, the founder of Craig's List: "Trust is the new black."
This is increasingly a concern for media companies dependent on ads for revenue for a good reason: consumers don't trust advertising.
Google's bread and butter may be search and the recession may have led Google to cut back on projects that weren't bringing home the bacon but that doesn't mean that Google isn't looking to expand its already large footprint on the web.
It just announced that by the end of the year, it hopes to be offering its publishing partners the ability to sell ebooks through Google Book Search, putting it in competition with Amazon in the burgeoning ebook market.
Econsultancy's CMS Survey Report (just published in association with Squiz) highlights that firms are typically focusing their budgets on implementing CMS rather than licensing, with 45% of organisations planning to spend more on CMS implementation over the next year compared to 26% who will spend more on licences.
Press releases. Love 'em or hate 'em, entrepreneurs and companies spend large sums of money sending them out every year. Some have to because they're publicly-traded and
others do so because they believe that a press release is a crucial
part of 'spreading the word' about their products and services.
If I had $100 for every entrepreneur I've met who expected a press
release to do big things for his or her new business, I'd probably own
my own bank in Antigua.
Print publishers are perfectly positioned to make the most out of the
digital publishing revolution. So why have so many legacy media
companies struggled to maximise the opportunities that digital offers?
Arianna Huffington, founder of The Huffington Post, is a poster child for 'new media'. But a poster child does not an expert make.
On stage at AllThingsDigital's D7 conference, she made one of the most ill-informed comments I've heard in a while: subscriptions are only a good idea for porn sites.
Like so many others, you've decided to revisit your business model and paid content looks awfully good at the moment. Running an online subscription service can be very rewarding, but it's tough.
One of the challenges posed by a paywall is the paywall's impact on SEO. Since content is restricted to subscribers, Google can't spider your content. What can you do about this?
Widgets have become pretty much ubiquitous on the web. Plenty of companies are using widgets as a low-cost distribution strategy: they offer their tools and services in a form that enables users to embed those tools and services into their own websites.
Now Google is getting into the act. It wants to widgetize your blog and website with its products and has launched Google Web Elements to do just that.
Monetizing viewership is a recurring problem online. But companies need to be prepared for spikes in popularity, whether they expect them or not.
Case in point: Susan Boyle's now infamous rendition of "I Dreamed a Dream." Susan may be bounding ahead in the competition for "Britain's Got Talent," but she's not making the show's parent company ITV any money online. YouTube videos of the singing sensation still don't have ads in the U.S. Because ITV hasn't figured out where to put the money earned on YouTube, the network is wasting 1000s of views a day.
When you delete a photo that you had uploaded to a social network, what happens?
You might expect that it's deleted. After all, why would Facebook, for instance, want to store that old photo of you and Aunt Hilda any longer than it has to? Even you don't want that photo.