Newspaper & Magazines
Newspaper & Magazines
Newspaper & Magazines
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MEDIA<br />
Conference News<br />
“<strong>Newspaper</strong>s p p must diversify,<br />
converge and integrate“<br />
<strong>Newspaper</strong>s are looking for ways to survive. Readers more and more are<br />
preferring different news sources. The crisis of newspapers is the crisis of<br />
content. At the International Newsmedia Marketing Association’s (INMA)<br />
European Outlook conference, which closed in Vienna recently, experts<br />
were looking for answers. <strong>Newspaper</strong> & <strong>Magazines</strong> was at the Conference<br />
and has included extracts from key note speakers.<br />
Inge Van Gaal (European Co-ordinator)<br />
started the conference off with a speech<br />
on the importance of branding. She was<br />
followed by Juan Antonio Giner of Innovation<br />
Media, who spoke about how media companies<br />
can make, once more, newspapers<br />
a necessary product for all. Horst Pirker,<br />
the Chairman of the Board of Styria Medien<br />
(Austria), told the audience how the future of<br />
the newspaper relies on multi-media, multichannel<br />
and multi-platform. And Chris Lloyd,<br />
Assistant Managing Editor of the Telegraph<br />
Media Group, finished off with a close look on<br />
how to reach and connect with new audiences.<br />
Inge Van Gaal stated it right up front- “the<br />
most important issue for every newspaper is<br />
how it is perceived by the consumer”. What<br />
gives a newspaper character is its name,<br />
consistent quality, its look, a good reputation<br />
and a strategy strongly supported by communication.<br />
These, she maintains, are the<br />
elements which create a good brand. And to<br />
help build a strong position in strengthening<br />
their own newspapers, publishers should focus<br />
on why brand is so important.<br />
Brand, says Van Gaal, gives identity to a<br />
newspaper. It also builds trust in its readers,<br />
Inge van an Gaal: Gaal „...<strong>Newspaper</strong> Ne spaper perceived percei ed by b<br />
the customer!“<br />
6 N&M NEWSPAPER&MAGAZINES 1/2008<br />
embraces both advertisers and readers, promises<br />
high quality, shows competence and<br />
(occasionally) builds social prestige.<br />
A good newspaper should be seen as a brand,<br />
she said, but not just in its content. And all<br />
departments should see their product as a<br />
brand and know exactly what it means. If the<br />
definition varies in different departments<br />
of the company, it may do the same among<br />
its readers. So in order to build a stronger<br />
brand, a newspaper should carefully analyze<br />
its main goals. These goals are an increase in<br />
sales, preference building and differentiation<br />
from competitors, having a loyal customer<br />
base, enabling a price premium because of<br />
uniqueness and an increase in enterprise value.<br />
Specific branding for different customer<br />
segments and for different platforms are also<br />
part of the mix.<br />
The core brand values of a printed newspaper<br />
are understood as its integrity, connecting<br />
communities, reflecting diversity, being<br />
a watchdog and being reliable.<br />
There are also three different strategies for<br />
building a brand by media companies.<br />
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for instance, by the Telegraaf Media Group<br />
which builds different brands for different<br />
products (such as “De Telegraaf” or<br />
“Spits”)<br />
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good example of such strategy, where all<br />
the products have the Guardian brand included<br />
in their names eg.(”The Guardian”,<br />
guardian.co.uk, guardianjobs.co.uk)<br />
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extended its brand by creation of multiple<br />
online platforms created to satisfy its<br />
readers needs.<br />
T<br />
J<br />
The content crisis<br />
Juan Antonio Giner of Innovation Media<br />
spoke about how media companies can<br />
make, once more, newspapers a necessary<br />
product for all.<br />
<strong>Newspaper</strong>s are content providers, he said,<br />
and the content should be reinvented. The<br />
crisis of newspapers is the crisis of content.<br />
According to Juan Antonio Giner, 99% of what<br />
we produce is news - yesterday’s news, and<br />
this is the real crisis, he maintains - there is<br />
not enough exclusive news in the newspapers.<br />
Does this mean newspapers are going to go<br />
out of business? “Yes - if they are in the old<br />
newspaper business. No - if they are able<br />
to change the content and adapt in the new<br />
information business. ,” stated Giner. The<br />
speaker proved his point by ringing the recent<br />
change in the name of INMA - the organisation<br />
that is no longer International Newspa-<br />
Juan Antonio Giner: „99% of what we pro<br />
Juan Antonio Giner: 99% of what we produce<br />
is yesterday news!“<br />
per Marketing Association but International<br />
Newsmedia Marketing Association.<br />
To survive, he believes newspapers have to diversify,<br />
converge and integrate. What should<br />
be kept unchanged are things that a newspaper<br />
should be good at anyway:- credibility,<br />
reporting, editing, design skills, presentation<br />
skills and profits.<br />
<strong>Newspaper</strong>s should not think in the category<br />
of readers only, he believes. It is high time to<br />
work on a new strategy, where readers, audiences<br />
and communities come into play.<br />
One such example is “The Economist” whose<br />
model is a 24/7 online operation plus a weekly<br />
print product. It is a perfect example of the<br />
newspaper that delivers news in advance, instead<br />
of repeating it from yesterday.<br />
Another newspaper to follow suit is “Correio”