You are currently browsing the category archive for the ‘Media’ category.

Thanks to Twitter for the endlessly engaging string of content and link sharing, I’ve come across what has quickly become my favorite column in Huffington Post.  Not only is the woman funny, humble and smart, but she’s also an author here at Penguin.

Since obviously I’m terrible at posting my own content (writing, for me, is one of those things so easily pushed around or shifted to make time for other endeavors, ugh) I’m going to re-post (call me an aggregator of content) my all time favorite Joanne Rendell column!  Additionally, after you enjoy this witty and insightful column on making reading the “healthy and attractive ” lifestyle choice (come on people, cheaper than the prescription drugs the pharma companies sell us!) and take a gander at Joanne’s latest title, CROSSING WASHINGTON SQUARE. Oh, and don’t forget to enter my first giveaway! It’s for an author and book, both of which I’m very fond…

Time to Sell Reading: What the “Good” Publishing Industry Needs to Learn from the Big “Bad” Drug Industry

Author Joanne Rendell

Author Joanne Rendell

I’m going to preface this post by saying I know absolutely nothing about marketing. I have a PhD in literature, not an MBA. I’m married to an NYU professor, but I’ve never been near the business or marketing schools. Furthermore, even though I’m a published author, I don’t know much about the machinations of the publishing industry either. Yet in spite of my lack of knowledge in these areas, I want to make the bold step of offering the publishing industry some marketing advice.

Here goes: “Publishing industry, listen up, it’s time to sell reading.”

The book industry needs to make the act of reading sexy and hip, enviable and sought-after. Instead of putting all their rapidly declining marketing dollars behind single authors and their new releases (think of those rather dull ads on the subway or in magazines which feature an author’s grinning face, a book cover, and a few generic “thumbs up” quotes), why don’t publishing companies run campaigns which would make reading itself a desirable lifestyle choice? Why not help craft a new, exciting, and sexy “reading” identity for people to aspire to? In short, why not take a leaf out of the drug industry’s marketing book?

Now, I concede, the publishing world is a very gentlemanly place. Even though sales are declining, digital media is encroaching, and bookstores are closing every day, the people in the book industry still pride themselves on being good, moral, and thoughtful people. Rejection letters are kind, verbal contracts are held firm, booksellers aren’t too pushy, and lunch at the Algonquin Hotel between editors is an amiable, bookish, and cerebral affair.

The idea that this “good” publishing world might emulate the big “bad” drug industry would probably send the Algonquin’s fine silverware trembling and independent booksellers weeping onto their carefully selected front tables. But the pharmaceutical companies know what they’re doing and they’re doing it well (along with banks, they are now the most successful businesses in the world). If the publishing industry wants to survive, it might have to suck it up and start studying all the tactics employed by the drug industry which sell us a happier, healthier, smiling, sexier life — all thanks to drugs.

“Educating consumers to the virtues of a product sometimes entails altering the cultural environment surrounding the consumption of that product,” says Kalman Applbaum in his book The Marketing Era: From Professional Practice to Global Provisioning. For a successful example of this, Applbaum shows how drug companies managed to change the “cultural environment” surrounding depression in Japan and thus open up a whole new market for their products: SSRI antidepressants.

In the past, there was “considerable stigma” attached to mental illness in Japan, according to Applbaum. But working “synergistically,” four big drug companies waged a multi-faceted campaign to “increase awareness of depression.” They used ads, newspaper articles, and glossy waiting room brochures. They sponsored the translation of best-selling books from the US which acclaimed SSRIs. Throughout the campaign, the motive was the same: to awaken “public consciousness to the symptoms and treatability” of depression.

Running ads with smiling and sexy people reading books will only be a start. As the Japanese example shows, a campaign to change a “cultural environment” must be advanced on all fronts. It will require competing publishing houses and competing book sellers to work together to shake off old stereotypes about reading and readers (“lonely women with cats,” “geeky professors,” “bespectacled librarians’). It must help forge a new and brighter image of the 21st Century reader — a reader who will not only be hip and sexy, but who will also buy books.

I have no idea exactly how this will be done (I refer you back to my first paragraph). But I have some thoughts for anyone who cares to listen. New spaces need to emerge where people will meet and discuss books and, importantly, be seen and respected for discussing books. TV and movies need to show sexy readers, much like they showed sexy smokers back in the day. Celebrities need to be caught reading books — or Kindles — on the beaches of the Caribbean. Book groups should not be left to form themselves; they need to be propagated and supported by the book industry. Expert voices should be everywhere, in newspapers and on Oprah, talking about the intellectual, personal, health, and even sexual benefits of reading!

Books can offer us so much. They can offer deep insights, escapism, healing, empathy, knowledge, and revival. They can illuminate who we are, our dreams, our deepest fears and our sufferings. Books can change us in profound ways. They can make us laugh and cry, desire and yearn. Surely, there is way to market these incredible offerings and help people want to be readers.
Joanne Rendell is the author of the newly released Crossing Washington Square (Penguin), a novel about two women who are hip and smart and beautiful – and very passionate about books!

Advertisements

“I am not a Media Person” -Chris Anderson

chris andersonAfter hearing Chris Anderson speak this morning, I have to heartily disagree with his own statement, above.  Before becoming entrenched in the media world, Anderson was an active physicist (not sure exactly what this is, but know smart and scientific) when he was approached by Conde Nast.  Hard to believe he had never heard of this huge media conglomerate, but knowing my own Robotics/Aerospace/Mechanical “enginerding” family I’m not totally shocked.  Through his rise to the best-sellers list and award-winning EIC of Wired magazine, Anderson has maintained his scientific background through his robotics company, GeekDad.com and the technology apparent in his magazine.

In his hour and a half speech, I had to scribble to try to write down even half the things I wanted to remember.  Including, but not limited to, these enticing little tidbits:

  • We live in a messy world, and it’s only getting messier.
  • Atoms increase in worth; bits decrease (digital moving to free)
  • We need to make the most of the Old World while exploring the New World.
  • No business in their right mind would go to a 100% paid online model.
  • You can only make money off scarcity. Time, experience, food, land is scarce; digital content is not.

Chris Anderson free BookAnderson was generous enough to give us a copy of his book that’s not released until July 7 (quite a thrill in holding a book not available in public!), which is titled Free: The Future of a Radical Price. Radically, the digital version and full length audio book are free, though the premium content of abridged audio and hardcover title come with a price tag.  

Though Anderson came to speak about his magazine work, I was enthralled by his book publishing knowledge.  He shared interesting insights, from not wanting to receive royalty checks (since that means the advance wasn’t high enough), to making money from speaking as opposed to the selling of his books, to how once the coherency was decided for his book he can’t even remember the actual words pouring forth.

 

Wired - in print

Wired - in print

Another note-worthy comment made by Anderson is his openness to a digital Wired.  In fact, he made the bold statement of “If the Kindle is [made in magazine form] I will stop killing trees immediately.”  I asked about the digital magazines available today, through Zinio and the like, and Anderson explained he doesn’t think people want to read a magazine on a computer or need the physical pages, but need it to be mobile.  So my next question is: Who will be first with the mobile mag reader? There have been rumors about Conde Nast, or will Amazon lead the pack yet again?

 

Anderson is highly optimistic in his views.  Believing in the monetization emotionally – writing etc. for fulfilling reasons vs. financial, as well as future brand extensions, he in no way sees the death of publishing (an obvious sigh of relief).

It’s a media company, not new TV show

I was at class by 9:30 today, without coffee since my little pot decided to be on the fritz, so it was a huge tease when Seth Familian came on screen, with his video projected straight from San Fransisco with a clear image of his steaming mug.

familianFamilian is listed in our program as “CEO, 8020 Publishing”, but apparently as of very recently (last night, perhps?) he resigned from the position due to different thoughts on the business.  So that made me realize a) I can’t believe he is out of bed at all and not ridiculously hung-over after quitting and b) 9:30 NYC time is 6:30am SF time, so Seth, I applaud you.

I also applaud the new revenue models Familian was generous enough to share with us this morning.  With experience at Zinio (another company I admire) and an MBA from Berkeley, he’s definitely an authority on media.

JPG Magazine, “Your World in Pictures,” is the title for which Familian was responsible.  Living in both the digital and print realms, JPG is submitted hi-res pictures from a global community.   jpgmag.com boasts more than 200,000 active members, with 20-25 page views/returning users while the magazine has more than 35,000 submissions/issue.

Quick look at the concept: Photographers submit hi-res pictures falling within certain categories, which are then voted on by the other members on jpgmag.com, with the winning images appearing in the print magazine.

Where does the name “8020” come from?  That’s the split in content: 80% of work done by users, with only 20% being editorial contributions.

The 8020 concept is new by itself, but combined with the 3 Key Strategy Mechanisms Familian presented, it’s ingenious:

  1. Theme-Based Content
  2. Community Driven Curation
  3. Diversified Monetization

1. Theme-based content may be the cornerstone to success.  It gives users the parameters for what to submit, so compares like things to one another.

2. Community Driven Curation gives power to the users and drives growth.  This involves social layers on top of content interactions – not only can users vote on their favorite image, but can contact each other and see what others have “favorited”, establishing common ground.  Also compliments and constructive criticism are exchanged, resulting in what Familian says is an extremely friendly space.

3. Diversified Monetization is the ah-ah moment; the light bulb in the head.  Obviously, we all know content is not free.  But, in this case, with UGC it mostly is.  Not only that, but Familian found ways to stabilize the cash flow using on-demand options and price differentiation.

While print on demand still isn’t as cheap as the mass print runs, it is risk neutral.  So instead of just offering digital “issues” of the prints that didn’t make it into the print magazine, Familian has worked with POD agencies to offer it in book form.  By selling the book it generates profit, and the users/photographers featured end up being JPG’s marketing agent by WOM saying that their image can be found, published.

Whatever venture Seth Familian finds himself in next I have no doubt it will be a success.  He seems to be the rare person with a firm grasp on media’s potential as well as the business and finance facets of a company.

I am so far from a photographer with hi-res images, though I plan on joining the jpgmag.com community just to interact with other talented people and communicate in the universal language of pictures! I encourage you all to try it.

And it was Digital.  And Amazing.  And Beautiful.  In a Space-Agey, Totally Green Way.

I’m really not a Monday person, especially when I only have access to one round of coffee.  So I was somewhat a disenchanted with with the concept of sitting in a rather uncomfortable chair (sorry NYU) for eight hours with few breaks when I went to class this morning.  Until my mind was boggled with presentations and a glimpse into the future as seen by:

  • Steve Malley, Senior Deputy Editor, ESPN magazine
  • Robert (Bo) Sacks, Owner, The Precision Media Group
  • Jeanniey Mullen, CMO/EVP, Zinio
Pay-caption found on ESPN Magazine's site

Pay-caption found on ESPN Magazine's site

Malley presented first, and had a hard time containing his evident excitement as he shifted his weight and gestured wildly with his hands behind the podium.  He is the first Editor of the many we’ve heard speak who has put their digital content behind a pay-based wall: Yes, that means the content found on ESPN.com is no longer free (which is too bad, I really wanted to read the story about Kim Kardashian and Reggie Bush).  Malley compared the current changed in the media industry right now to when Gutenberg invented movable type – so people, get ready for revolution.

Bo Sacks is impressive, having held what seems like every title available in the publishing industry (Twitter @bosacks).  Some of you may be impressed with his status as the Founding Father of the High Times magazine, but today he spoke from his position as President of the Precision Media Group.

It’s more important to know how to search for a fact than know a fact. -Bo Sacks

Sacks is omnipresent in ways, dividing the media as “BD” or “AD” – Before Digital and After Digital.  He showed mind boggling technology amid humorously photoshopped pictures (there were quite a few laughs of Einstein with an iPod, etc.).  The technology shown is light in weight, small in stature but is without a doubt changing the publishing industry: e-paper.

e-paper

e-paper

This foldable, bendable, light weight piece of space-age technology will in the future be a pocketable book, but for now ables the Kindle and Sony E-reader.  It is expected to have a virtual keyboard – as in it somehow reflects a keyboard onto a surface that somehow tracks your actions (crazy I know, I really can’t explain the concept, it’s akin to magic to me).

Crazy e-paper aside, Sacks says that while he doesn’t believe magazines should not be printed, he does think the physical editions will become more expensive and only account for 25% of the market within ten years.  Without a doubt, he believes competition to be redefined; digital publications to become stronger and more reliable; and the digital publishing realm to continue its advancements.  Senior management beware: put your palpable fear aside, Sacks thinks my generation is the smartest.

Who reading this had “paged through” a digital magazine? I’ve had very little experience with the medium and have always thought of magazines to be much more of an experience – glossy pages, perfume samples, vivid ads… That is, until Jeanniey Mullen of Zinio presented her site.

Jeanniey Mullen

Jeanniey Mullen

As EVP/CMO, Mullen is in the ideal role at Zinio.  In an arena with plenty of room for growth, (unlike the cell phone industry which is almost at full saturation) she is at the forefront of a fast-emerging media – the digital magazine.  With printer and distribution costs on the upswing and weak advertising revenue, many magazines are struggling (some even closing, like Domino and Nickolodean Kids) at this time.

Not only are digital magazines more economically friendly (ie green, so automatically trendy), but they offer more opportunities for interaction both with the content and advertisements.  Mullen pulled up the Zinio-published women’s magazine Viv, and I was astounded at the potential.  Not only is the reader able to actually change the model’s clothes in a photograph, but the advertising content is able to be interacted with as well.  The ads change content within a brand, and even link through to individual websites where the featured product can be purchased.  Dior took the advertising a step further and embedded their TV spot with a corresponding print ad, along with a link to purchase directly.  Unlike traditional advertising, specific metrics are available!!!!!!

What’s shocking is that the digital magazine advertising is still considered in line with print – not a different, more expensive business model.  I see potential to change to a CPM business model as the digital magazine industry continues to grow, with potential for different advertisers to buy identical content that changes once a minimum number of impressions has occurred (does that make sense other than in my head?).   Now Zinio is a company for which advertising sales would prove fascinating.

Another really cool aspect the digital magazine realm offers: the ability to save interesting content!  I am one of those people who tears pages out of things I like – from fashion to recipes to editorial.  But, not being organized I don’t have a filing system other than “storing” the torn out pages in random locations, never findable when needed.  Being able to save content to my computer is totally different, and a concept I will embrace and keep organized!  Also, magazines are searchable, so you can skip directly to the content you want.

I already followed Mullen on Twitter (@empg) and was pleased to see she had tweeted during her time at NYU, which made me an even bigger fan.  I’ve already acted on her advice to try out http://www.goreadgreen.com and signed up a a FREE one-year subscription of Viv!  Go online and choose your subscription today, and take a look at Zinio.com for the latest and greatest digital magazines.  My new plan to fulfill my promise to get Dad an Esquire subscription is to do it through the digital medium; 12 digital issues only $7.99!

So I used to have quite the girl crush on Chelsea Handler (hilarious, clever and oh-so inappropriate), but now my tastes have matured and moved to these two emulating-worthy women: MaryAnn Bekkedahl, EVP/Group Publisher, Rodale and Jill Seelig, VP/Publisher, O, The Oprah Magazine.

Coming from a background in the creative/content-generating side of advertising, I admit to having had a somewhat snooty view on advertising sales.  After listening to these two women present, my views may have shifted to more of a “wow, I would love to be her in 10-15 years”.

Maryann BekkedahlMaryAnn Bekkedahl first got my attention when discussing the seven “media franchises” she’s in charge of, aka magazines (Men’s Health, Women’s Health, Prevention…).  But, in this age, they are much more than just magazines and have evolved into brand empires.  I have understanding and respect for brands more so than sales (sales people always have an agenda), but seeing how they’re so intricately connected had me at the edge of my seat.

“The Role of the Publisher” as Bekkedahl depicted really has control and responsibility for the brand/magazine.  The Publishing team is composed of the Publisher, with the Research, Marketing, Sales, Business Management/Production and PR teams reporting up.  I could do that- I want to do that; be the business side of publishing.

In fact, the Sales force is what really appealed to me among those divisions.  Dad always told me I should be in sales since I can convince people to buy things (he’s the perfect example, you should have seen my white convertible!), but I held such a negative stereotype I couldn’t move past.  Bekkedahl shot that stereotype out of the water as I found myself drawn to her earnestness and humor, thinking maybe I could do advertising sales after all…

Jill SeeligJill Seelig was the last speaker at the end of yet another long digital day, and I was seeing all sorts of pleasant images in my head instead of the screen (manicure, massage, wine… you get the picture).  She really got my attention (and adoration) by opening up her “Multi-platform Marketing to the Advertiser- the 360 Strategy” with the line:

Print is not dead; it is here to stay.

Seelig went on to support this statement with stats stating that magazines are the #1 medium of engagement, and there is an interdependency between print and digital.  Magazines contribute to the effectiveness of advertising when added to the media mix; and she should know, since she launched “O” as part of the Oprah Winfrey media empire.

Moving up through the ranks of ad sales in Self and Vanity Fair, Seelig helped instigate “O”‘s immediate success in 2000.  She presented a case study of Intel’s partnership with “O” and showed the magazine’s ability to make a (boring) technical brand be more human and emotional to her female readers.  She seems to be living the “O” tagline: “Live Your Best Life.”

Also, as a side-note, all the high profile people we’ve heard from have been very attractive and in good shape – is the magazine industry shallow; do they not have time to eat, hence the toned-ness; or do these people just happen to age well?!  None look old enough to hold their titles and have the experience they share!

All Webbed-Out: Summary of eight hours of digital content

I have had the most ridiculously filled day of digital content.  Of course it’s all new, all interesting, and all slightly overwhelming.  From discussing new business models, to Twitter blurring the line between social media and all media, along with insider tips on SEO strategies, I feel as if all my new knowledge makes me quite the digital princess.

During class my digitality (made-up word) began when Hearst Digital Media (yes, Hearst of the Media empire) was generous enough to share with the NYU SPI class three of their top officials to discuss “Websites Gone Wild” and “Get the Work Out, Get the Traffic”:

  • Chris Johnson, VP Content and Business Development, Hearst Digital Media
  • Beth Ellard, Content Director, Hearst Digital Media
  • Dan Roberts, Senior SEO Strategist & Analyst, Hearst Digital Media

The session with Johnson and Ellard focused on the different ways Hearts utilizes the web to drive traffic to their 12 magazine branded sites and 8 digital-only entities.  These 20 Hearst owned sites reach 10% of the total internet audience monthly.  This massive digital reach translates to about 1/3 of all their magazine subscriptions coming from the web80% of the traffic on their magazine sites looks at pure digital content; not the re-postings of print editoral.

Roberts is a self proclaimed “Data Geek” who has knows how to match Hearst’s content with what people search for, aka Search Engine Optimization (SEO).  Hate to say it to you naive websurfers out there, but the first hits that come up on Google don’t appear by chance, but a well-orchestrated plan.  Roberts is a fan of NOW Media: More than the “new media” we’re used to hearing about, as that’s already dated, this is the current digital landscape that’s constantly changing.

Advantages of NOW Media:

  • Distribution has never been easier
  • We (my generation) are experts
  • We know what works

NOW Media reality/challenges:

  • Rules are constantly changing, techonology always evolving
  • There is micro-attention (aka Twitter) and mega-noise (digital clutter)
  • You can’t always control the message – your brand can be discussed in user generated content that is beyond your regulation

The digital-ness of my Wednesday was made complete (after getting lost on the Subway for an hour- DO NOT use Google maps for the NYC transportation system, it lies!) by attending Mashable NextUp NYC: Social Media Marketing 101 (thanks to @TheUndomestic!).  The two keynote speakers were obviously incredibly smart and web-savvy:  Steve Rubel (SVP, Director of Insights for Edelman Digital) and Mashable’s Founder and President, Pete Cashmore.

Rubel spoke first on the five digital trends to watch (bear with me, my notes are quite scribbly after one very strong vodka soda):

  1. Satisfaction Guaranteed = Customer Service + PR: brands must audit online experiences
  2. Media Reforestation: Paper is going digital.
  3. Less is the new more: People are no longer gorging on media and often choosing selective ignorance.  More impotant than ever to shape search shelf.
  4. Corporate All-Stars: People within your company standing by your brand in the digital space.  Ex: @ScottMonty, as Ford on Twitter
  5. Power of the Pull: Write for searches, not for readers.

Then Pete Cashmore got on stage with his nice accent and talked to a panel of other professionals about their web opinions.  Wow they’ve done a lot for charity – check out and contribute to Charity Water; they’re doing incredible things.

Whew now time for bed, hopefully I’ll get to write up the other amazing speakers from Rodale, Seventeen magazine, Time Out, and People Style Watch tomorrow.

Professional Opinions from the High and Mighty: Esquire Editor in Chief, David Granger

I have such a different view as I look out my window.  I’ve traded my Chicago highrise scene featuring a view of Lake Michigan to look out over a patio a few floors below, surrounded by brick buildings and some tall glass structure.   That’s right, I’m in NYC!  Which is great overall, the kicker – I’m in a dorm.  Talk about digressing, I’m back to having a roommate (like in my bedroom, not sharing an apartment with my best friends), no real dishes and one bathroom for four girls.  All for a worthwhile cause though, as I live through these small indignities for the greater good of publishing (presumptuous, maybe)!

David Granger, EsquireSo today was my first (12-hour) day as a student once again, and I admit to being pleasantly surprised.  Our first assignment was to read “Esquire” magazine and purvey the website in preparation for to hear David Granger, Editor-in-Chief, speak about the State of the Magazine.  After searching for Esquire in a Chicago CVS, again at two magazine gift shops in the airport, a newsstand in NYC and a Duane Reade (apparently the NYC version of CVS) I was frustrated and not at all dazzled with the availability of the title.  Luckily a roommate (one of three in my “suite”) had been able to purchase it, so I was prepared, if not impressed.

…Then Mr. David Granger started to speak.  On the 12th anniversary to the day of his position as EIC at Esquire, he shared with my fellow NYU peers and me his successes as well as the reality of the media business.   When he boarded the figurative ship that was Esquire in 1997, the brand was about to sink.  Under Granger’s leadership, he has led the magazine to multiple awards, accolades, and the most successful fundraiser in UNICEF’s history.

“After nine years {as EIC}, I was fed up with Esquire still just being a magazine.”  -David Granger

Instead of letting his magazine slide into stagnation, Granger pulled his team together and brainstormed, to figure out what they could change.  Instead of seeing print as an old/outdated medium, he views print as old because “it’s really fucking good.” Choosing to use the website as a vehicle to drive people to the print edition, Granger makes Esquire a wanted commodity through innovative designs (including a table of contents that turns a boring list into an art form), genius covers copied by many, and content he believes to be funny, passionate and inclusive.

Though he admits to despair and desperation as being his “friends” at the office, Granger sees massive opportunities in the media landscape, though with less money to spend.  Esquire celebrated its 75th anniversary last year, and I have the utmost confidence Granger will continue to take Esquire on its trajectory of success.  I’m going to help in my own way by (Dad, spoiler alert, getting my father a gift subscription for Father’s Day)  Similar to Obama, featured on two covers, Granger takes a “We Can” attitude to the future.

Insight from David Granger:

  • Cigarettes are the greatest prop in history
  • “Tap Project” is Esquire‘s greatest achievement
  • Men love sandwiches

Thank you, Mr. Granger, for taking time out of your obviously very busy and successful life (not to mention the day after bad sushi) to share your knowledge.

Also thanks to the panelists in the later panel on “Magazines as Brands: The New Reality”:

  • Cyndi Stivers, Editor, EW.com: Great moderator, innovative website with minimal costs
  • Liz Vaccariello, EIC, Prevention: Your case study on the “Flat Belly Diet” was interesting and an obvious success.  I wonder if everyone at Prevention is in such good shape!
  • Marvin Scott Jarrett, EIC, Nylon: Not a very energetic speaker and quite cocky, but forgivable since obviously so talented.  Started Nylon 10 years ago, and is now partnering with iconic brands like Apple and Nike.  Not exactly anti-society, but anti-convention.
  • Paul Maidment, EIC, Forbes: Loved the British accent and was pleasantly surprised by his ability to joke, though it was hard to understand him at times.  More dry content, but do understand that he knows his target well and Forbes makes them smarter and richer!

NovelWhore Tweets

January 2018
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031  
if (WIDGETBOX) WIDGETBOX.renderWidget('6f7a561c-c271-445d-a120-8d99edb3e40d');Get the Penguin Classics book of the day widget and many other great free widgets at Widgetbox! Not seeing a widget? (More info)