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	<title>Comments on: The local ad opportunity (and the danger of losing it)</title>
	<atom:link href="http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/</link>
	<description>by Jeff Jarvis</description>
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		<title>By: Peter Saunders</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-436610</link>
		<dc:creator>Peter Saunders</dc:creator>
		<pubDate>Wed, 29 Dec 2010 16:19:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-436610</guid>
		<description>[...] Elke dag proberen we ons te redden door wat extra bij te verdienen, ik kwam dit artikel tegen en wil het jullie niet onthouden [...]</description>
		<content:encoded><![CDATA[<p>[...] Elke dag proberen we ons te redden door wat extra bij te verdienen, ik kwam dit artikel tegen en wil het jullie niet onthouden [...]</p>
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		<title>By: Adam Illas</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-410431</link>
		<dc:creator>Adam Illas</dc:creator>
		<pubDate>Wed, 17 Mar 2010 19:10:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-410431</guid>
		<description>Geld verdienen mit 
Es ist auf der Suche nach einer Endlösung für das Problem
viel Geld verdienen kann zurzeit zu Tage jeder deshalb es für jeden noch Lösungen zu suchen gibt.</description>
		<content:encoded><![CDATA[<p>Geld verdienen mit<br />
Es ist auf der Suche nach einer Endlösung für das Problem<br />
viel Geld verdienen kann zurzeit zu Tage jeder deshalb es für jeden noch Lösungen zu suchen gibt.</p>
]]></content:encoded>
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		<title>By: Aux USA, la pub en self-service pour financer les sites d&#8217;info locale &#171; Penser local (Notes pour plus tard)</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-398971</link>
		<dc:creator>Aux USA, la pub en self-service pour financer les sites d&#8217;info locale &#171; Penser local (Notes pour plus tard)</dc:creator>
		<pubDate>Wed, 05 Aug 2009 16:16:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-398971</guid>
		<description>[...] Alors qu&#8217;Internet permet aujourd&#8217;hui de couvrir l&#8217;information à l&#8217;échelle d&#8217;un pâté de maison, le coût que représente la constitution d&#8217;une équipe de vendeurs a longtemps constitué un frein sérieux à la rentabilité des sites &#8221;hyperlocaux&#8221;. D&#8217;autant que  le garagiste du coin n&#8217;est pas toujours facile à convaincre (A lire sur Buzz Machine : &#8220;The local ad opportunity (and the danger of losing it)&#8221;).  [...]</description>
		<content:encoded><![CDATA[<p>[...] Alors qu&#8217;Internet permet aujourd&#8217;hui de couvrir l&#8217;information à l&#8217;échelle d&#8217;un pâté de maison, le coût que représente la constitution d&#8217;une équipe de vendeurs a longtemps constitué un frein sérieux à la rentabilité des sites &#8221;hyperlocaux&#8221;. D&#8217;autant que  le garagiste du coin n&#8217;est pas toujours facile à convaincre (A lire sur Buzz Machine : &#8220;The local ad opportunity (and the danger of losing it)&#8221;).  [...]</p>
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		<title>By: Vince Runza</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-392439</link>
		<dc:creator>Vince Runza</dc:creator>
		<pubDate>Thu, 02 Apr 2009 20:03:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-392439</guid>
		<description>As we watch Yellow Pages businesses go into Chapter 11 and newspapers die a slow and painful death, the real challenge for small business is to find an effective way to promote themselves online.

Those who have websites that are stuck in Google&#039;s Witness Protection Program (can&#039;t find &#039;em in the search results) usually think that online is a waste of time. Those who are findable but just get &quot;surfed over&quot; are sure their SEO consultant is robbing them.

The key to effective local business promotion lies in the business itself. The owner has to look at:

* The business&#039;s current sales process
* How the business keeps in touch with current clients/customers
* The business&#039;s business plan -- specifically, the Mission Statement
* The most profitable merchandise, products and/or services
* Any underused capacity that can be scaled up easily
* What causes the most aggravation for the business (and its owner)

Only then can the business select the means (SEO, geo-location, email marketing, online video, etc.) and the method of using the Internet effectively. Just blindly revamping a website or starting a blog may not be the right thing to do.

Speaking to you now as an Internet Marketing consultant, I&#039;d rather tell a business owner to continue to  put display ads on restaurant placemats, if that&#039;s what works for them, than &quot;sell&quot; them a package of Web design and autoresponder tools that they really don&#039;t need (and not charge him or her for the advice). On the other hand, I also want to help those businesses and professionals that can use my services best -- and can afford the recurring fees I charge for such services.

Sincerely,
Vince Runza</description>
		<content:encoded><![CDATA[<p>As we watch Yellow Pages businesses go into Chapter 11 and newspapers die a slow and painful death, the real challenge for small business is to find an effective way to promote themselves online.</p>
<p>Those who have websites that are stuck in Google&#8217;s Witness Protection Program (can&#8217;t find &#8216;em in the search results) usually think that online is a waste of time. Those who are findable but just get &#8220;surfed over&#8221; are sure their SEO consultant is robbing them.</p>
<p>The key to effective local business promotion lies in the business itself. The owner has to look at:</p>
<p>* The business&#8217;s current sales process<br />
* How the business keeps in touch with current clients/customers<br />
* The business&#8217;s business plan &#8212; specifically, the Mission Statement<br />
* The most profitable merchandise, products and/or services<br />
* Any underused capacity that can be scaled up easily<br />
* What causes the most aggravation for the business (and its owner)</p>
<p>Only then can the business select the means (SEO, geo-location, email marketing, online video, etc.) and the method of using the Internet effectively. Just blindly revamping a website or starting a blog may not be the right thing to do.</p>
<p>Speaking to you now as an Internet Marketing consultant, I&#8217;d rather tell a business owner to continue to  put display ads on restaurant placemats, if that&#8217;s what works for them, than &#8220;sell&#8221; them a package of Web design and autoresponder tools that they really don&#8217;t need (and not charge him or her for the advice). On the other hand, I also want to help those businesses and professionals that can use my services best &#8212; and can afford the recurring fees I charge for such services.</p>
<p>Sincerely,<br />
Vince Runza</p>
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		<title>By: Local Ad Opportunities??? &#124; NW Business Consulting</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-392192</link>
		<dc:creator>Local Ad Opportunities??? &#124; NW Business Consulting</dc:creator>
		<pubDate>Thu, 26 Mar 2009 02:56:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-392192</guid>
		<description>[...] interesting article from Buzz Machine opens the door to a discussion on how to serve this market through local web sites.  No idea yet [...]</description>
		<content:encoded><![CDATA[<p>[...] interesting article from Buzz Machine opens the door to a discussion on how to serve this market through local web sites.  No idea yet [...]</p>
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		<title>By: neosushi. &#187; Lokal bloggen (und dabei Geld verdienen)</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-392113</link>
		<dc:creator>neosushi. &#187; Lokal bloggen (und dabei Geld verdienen)</dc:creator>
		<pubDate>Mon, 23 Mar 2009 21:37:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-392113</guid>
		<description>[...] zu schalten als gemeinhin üblich. Google-Guru Jeff Jarvis hat die Zusammenhänge ganz schön zusammengefasst, in dem er feststellt, dass die meisten Kleinunternehmer gut daran täten, Anzeigen in einem neuen [...]</description>
		<content:encoded><![CDATA[<p>[...] zu schalten als gemeinhin üblich. Google-Guru Jeff Jarvis hat die Zusammenhänge ganz schön zusammengefasst, in dem er feststellt, dass die meisten Kleinunternehmer gut daran täten, Anzeigen in einem neuen [...]</p>
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		<title>By: Mike McWhorter</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390910</link>
		<dc:creator>Mike McWhorter</dc:creator>
		<pubDate>Sun, 22 Feb 2009 15:51:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390910</guid>
		<description>I am involved in a just newly launched local search network,
Built by TrafficCentral. visit fidly.com to see an example.
My email trafficqc@gmail.com</description>
		<content:encoded><![CDATA[<p>I am involved in a just newly launched local search network,<br />
Built by TrafficCentral. visit fidly.com to see an example.<br />
My email <a href="mailto:trafficqc@gmail.com">trafficqc@gmail.com</a></p>
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		<title>By: Nicht verpassen: Lokale Anzeigen als Chance &#124; MOVIES - blogged!</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390780</link>
		<dc:creator>Nicht verpassen: Lokale Anzeigen als Chance &#124; MOVIES - blogged!</dc:creator>
		<pubDate>Thu, 19 Feb 2009 16:03:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390780</guid>
		<description>[...] Original dieses Textes erschien am 16. Februar 2009 unter dem Titel &#8220;The local ad opportunity (and the danger of losing it)&#8221;. Übersetzung: Peter [...]</description>
		<content:encoded><![CDATA[<p>[...] Original dieses Textes erschien am 16. Februar 2009 unter dem Titel &#8220;The local ad opportunity (and the danger of losing it)&#8221;. Übersetzung: Peter [...]</p>
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		<title>By: The local ad opportunity (and the danger of losing it) &#124; How To Build Traffic To Your Web Site - SEO</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390751</link>
		<dc:creator>The local ad opportunity (and the danger of losing it) &#124; How To Build Traffic To Your Web Site - SEO</dc:creator>
		<pubDate>Thu, 19 Feb 2009 06:35:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390751</guid>
		<description>[...] This is amazing. This is exactly what I can do and want to do for small businesses.  Quoting from BuzzMachine The local ad opportunity (and the danger of losing it) [...]</description>
		<content:encoded><![CDATA[<p>[...] This is amazing. This is exactly what I can do and want to do for small businesses.  Quoting from BuzzMachine The local ad opportunity (and the danger of losing it) [...]</p>
]]></content:encoded>
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		<title>By: Lokale Anzeigen als Chance (und das Risiko, sie zu verpassen) » medienlese.com</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390733</link>
		<dc:creator>Lokale Anzeigen als Chance (und das Risiko, sie zu verpassen) » medienlese.com</dc:creator>
		<pubDate>Wed, 18 Feb 2009 14:18:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390733</guid>
		<description>[...] Original dieses Textes erschien am 16. Februar 2009 unter dem Titel &#8220;The local ad opportunity (and the danger of losing it)&#8221;. Übersetzung: Peter Sennhauser    ANZEIGE       Werben Sie auf [...]</description>
		<content:encoded><![CDATA[<p>[...] Original dieses Textes erschien am 16. Februar 2009 unter dem Titel &#8220;The local ad opportunity (and the danger of losing it)&#8221;. Übersetzung: Peter Sennhauser    ANZEIGE       Werben Sie auf [...]</p>
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		<title>By: Scott B</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390713</link>
		<dc:creator>Scott B</dc:creator>
		<pubDate>Tue, 17 Feb 2009 23:48:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390713</guid>
		<description>I agree that LocalAdLink and MerchantCircle are offering valuable services, but if newspapers want to survive, they need to compete with these companies, not work with them. A local daily paper should aim to be the dominant player in local advertising/marketing, like they were not too long ago. If not, then they might as well go out of business now. They&#039;ve already ceded much of their territory to Google... now&#039;s the time to take some territory away from the yellow pages, direct marketers, and other local publishers.</description>
		<content:encoded><![CDATA[<p>I agree that LocalAdLink and MerchantCircle are offering valuable services, but if newspapers want to survive, they need to compete with these companies, not work with them. A local daily paper should aim to be the dominant player in local advertising/marketing, like they were not too long ago. If not, then they might as well go out of business now. They&#8217;ve already ceded much of their territory to Google&#8230; now&#8217;s the time to take some territory away from the yellow pages, direct marketers, and other local publishers.</p>
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		<title>By: Craig McGinty</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390711</link>
		<dc:creator>Craig McGinty</dc:creator>
		<pubDate>Tue, 17 Feb 2009 22:17:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390711</guid>
		<description>Great minds!!!</description>
		<content:encoded><![CDATA[<p>Great minds!!!</p>
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		<title>By: Craig McGinty</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390710</link>
		<dc:creator>Craig McGinty</dc:creator>
		<pubDate>Tue, 17 Feb 2009 22:15:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390710</guid>
		<description>&gt;&gt;The self-serve models are intriguing but have failed with local advertisers to this point.&lt;&lt;

Depends what you are offering, I&#039;ve had 18 new advertisers in the past four and a bit months, and whilst I&#039;m not putting a down payment on a Ferrari just yet, I feel that if I look to help advertisers they will gain confidence with online ads.

And if that 3-5 years prediction could speed up a bit that would be nice :-)

Also not sure if Jeff has highlighted this study from the UK, granted it is from a vested interest:

Consumers with spending power more responsive to ads on niche sites than portals - http://bit.ly/HGgBJ</description>
		<content:encoded><![CDATA[<p>&gt;&gt;The self-serve models are intriguing but have failed with local advertisers to this point.&lt;&lt;</p>
<p>Depends what you are offering, I&#8217;ve had 18 new advertisers in the past four and a bit months, and whilst I&#8217;m not putting a down payment on a Ferrari just yet, I feel that if I look to help advertisers they will gain confidence with online ads.</p>
<p>And if that 3-5 years prediction could speed up a bit that would be nice <img src='http://www.buzzmachine.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
<p>Also not sure if Jeff has highlighted this study from the UK, granted it is from a vested interest:</p>
<p>Consumers with spending power more responsive to ads on niche sites than portals &#8211; <a href="http://bit.ly/HGgBJ" rel="nofollow">http://bit.ly/HGgBJ</a></p>
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		<title>By: David Gricunas</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390705</link>
		<dc:creator>David Gricunas</dc:creator>
		<pubDate>Tue, 17 Feb 2009 20:13:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390705</guid>
		<description>Geo-targeting local ads is the key to online success for any business who can target their customers [prospects] by postal code or place name. Local newspapers and yellow pages should have a great head start in this arena but are too bogged down by trying to force their failing business models onto the Internet without much innovation. 

At this time, it is most important for a local business to OWN their primary Internet resource and use other online venues to advertise this hub. Services such as LocalADLink and MerchantCircle are emerging as potential leaders in this local search rodeo and the good old local newspapers should be in the forefront of organizing and promoting these services to their business communities.</description>
		<content:encoded><![CDATA[<p>Geo-targeting local ads is the key to online success for any business who can target their customers [prospects] by postal code or place name. Local newspapers and yellow pages should have a great head start in this arena but are too bogged down by trying to force their failing business models onto the Internet without much innovation. </p>
<p>At this time, it is most important for a local business to OWN their primary Internet resource and use other online venues to advertise this hub. Services such as LocalADLink and MerchantCircle are emerging as potential leaders in this local search rodeo and the good old local newspapers should be in the forefront of organizing and promoting these services to their business communities.</p>
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		<title>By: Dave Chase</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390703</link>
		<dc:creator>Dave Chase</dc:creator>
		<pubDate>Tue, 17 Feb 2009 18:50:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390703</guid>
		<description>Craig/Scott - The self-serve models are intriguing but have failed with local advertisers to this point. I have a client who is a &quot;leader&quot; in that space and can tell you it&#039;s a loser right now. Instead, the aspect of those tools that is more acceptable today is what I&#039;d call the &quot;publisher assist&quot; model. The tools are very efficient and can allow a lower cost sales force (e.g., inside sales) to use these tools and keep the customer acquisition costs low and thus economically viable. Like many things in tech, we overestimate the short-term impact and underestimate the long-term. I&#039;d put self-serve ads in that category. They&#039;ll get there but my experience has shown that 99.5% of the local guys aren&#039;t ready yet (there are a few exceptions). My hunch is we&#039;re 3-5 years out before true self-serve drives meaningful local ad revenue.

To Bob&#039;s point, as a local publisher I&#039;ve had some early discussions with national pubs about selling their local audience. It&#039;s a slow go with them yet when I&#039;ve spoken with the local advertisers, it&#039;s something they have interest in as long as they don&#039;t have to buy a bunch of non-relevant inventory.

Disclosure: I am a local publisher (SunValleyOnline.com) but also consult with organizations setting up their low-cost sales models. Their expensive shoe-leather salesforces are ill-equipped to do much of what their companies want them to do. The sales model is much closer to Dell than it is the Dallas Morning News. The good news is that it&#039;s working very well but requires a lot more than a tweak here and a tweak there to their sales org.</description>
		<content:encoded><![CDATA[<p>Craig/Scott &#8211; The self-serve models are intriguing but have failed with local advertisers to this point. I have a client who is a &#8220;leader&#8221; in that space and can tell you it&#8217;s a loser right now. Instead, the aspect of those tools that is more acceptable today is what I&#8217;d call the &#8220;publisher assist&#8221; model. The tools are very efficient and can allow a lower cost sales force (e.g., inside sales) to use these tools and keep the customer acquisition costs low and thus economically viable. Like many things in tech, we overestimate the short-term impact and underestimate the long-term. I&#8217;d put self-serve ads in that category. They&#8217;ll get there but my experience has shown that 99.5% of the local guys aren&#8217;t ready yet (there are a few exceptions). My hunch is we&#8217;re 3-5 years out before true self-serve drives meaningful local ad revenue.</p>
<p>To Bob&#8217;s point, as a local publisher I&#8217;ve had some early discussions with national pubs about selling their local audience. It&#8217;s a slow go with them yet when I&#8217;ve spoken with the local advertisers, it&#8217;s something they have interest in as long as they don&#8217;t have to buy a bunch of non-relevant inventory.</p>
<p>Disclosure: I am a local publisher (SunValleyOnline.com) but also consult with organizations setting up their low-cost sales models. Their expensive shoe-leather salesforces are ill-equipped to do much of what their companies want them to do. The sales model is much closer to Dell than it is the Dallas Morning News. The good news is that it&#8217;s working very well but requires a lot more than a tweak here and a tweak there to their sales org.</p>
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		<title>By: Scott B</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390701</link>
		<dc:creator>Scott B</dc:creator>
		<pubDate>Tue, 17 Feb 2009 18:29:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390701</guid>
		<description>Sorry Craig, I was writing my post as you posted yours... didn&#039;t mean to echo your words.</description>
		<content:encoded><![CDATA[<p>Sorry Craig, I was writing my post as you posted yours&#8230; didn&#8217;t mean to echo your words.</p>
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		<title>By: Scott B</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390700</link>
		<dc:creator>Scott B</dc:creator>
		<pubDate>Tue, 17 Feb 2009 18:25:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390700</guid>
		<description>Jeff,
I agree that local ads are a tremendous opportunity for local newspapers. Small businesses are by and large being ignored by newspapers, who, even for web ads, utilize &quot;press kits&quot; and commission-based salespeople. Instead they should ask WWGD? Allow text-based ads (a la AdWords) that can be placed and targeted entirely online, significantly lowering the costs to the advertiser and the paper. Make it very user-friendly so that it doesn&#039;t require a consultant just to place the ad. This, among other local strategies, could open up a huge untapped market to newspapers, and help offset the billions that national advertisers are directing elsewhere.</description>
		<content:encoded><![CDATA[<p>Jeff,<br />
I agree that local ads are a tremendous opportunity for local newspapers. Small businesses are by and large being ignored by newspapers, who, even for web ads, utilize &#8220;press kits&#8221; and commission-based salespeople. Instead they should ask WWGD? Allow text-based ads (a la AdWords) that can be placed and targeted entirely online, significantly lowering the costs to the advertiser and the paper. Make it very user-friendly so that it doesn&#8217;t require a consultant just to place the ad. This, among other local strategies, could open up a huge untapped market to newspapers, and help offset the billions that national advertisers are directing elsewhere.</p>
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		<title>By: Craig McGinty</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390699</link>
		<dc:creator>Craig McGinty</dc:creator>
		<pubDate>Tue, 17 Feb 2009 18:17:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390699</guid>
		<description>Whilst the old media advertising teams continue to churn the same faces I will gladly offer new, smaller businesses an opportunity to get in front of a targeted audience.

Something that lets them quickly write ad text, edit it if required whenever they want, and start with an initial outlay of £10 so they can go at a pace that suits.

MSM is focussed on sticking with the same size pie dish, but I&#039;ll gladly look to bake a bigger pie.</description>
		<content:encoded><![CDATA[<p>Whilst the old media advertising teams continue to churn the same faces I will gladly offer new, smaller businesses an opportunity to get in front of a targeted audience.</p>
<p>Something that lets them quickly write ad text, edit it if required whenever they want, and start with an initial outlay of £10 so they can go at a pace that suits.</p>
<p>MSM is focussed on sticking with the same size pie dish, but I&#8217;ll gladly look to bake a bigger pie.</p>
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		<title>By: Mark Josephson</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390694</link>
		<dc:creator>Mark Josephson</dc:creator>
		<pubDate>Tue, 17 Feb 2009 16:58:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390694</guid>
		<description>In our opinion, newspapers are not dead.  But they do need to change.

They have at least three things going for them:

1) strong brand and history in their market (though some recent research shows huge generational shifts in this)

2) some level of traffic in the market -- maybe not google or yahoo level, but probably bigger than everyone else in the market

3) longstanding relationships with local advertisers.

They need to focus on how they leverage these three assets to help change and get to their next business.

Also, they need to better focus on identifying their true competitors.  It&#039;s not &quot;the internet&quot; or craigslist.  Craigslist has taken the classifieds biz, made it free and it&#039;s not coming back anytime soon, if at all.

Real competitors are the ad networks that can bundle massive amounts of inventory and sell impressions cheaper to national advertisers through volume discounts.  

Look to your core strengths and build on those.</description>
		<content:encoded><![CDATA[<p>In our opinion, newspapers are not dead.  But they do need to change.</p>
<p>They have at least three things going for them:</p>
<p>1) strong brand and history in their market (though some recent research shows huge generational shifts in this)</p>
<p>2) some level of traffic in the market &#8212; maybe not google or yahoo level, but probably bigger than everyone else in the market</p>
<p>3) longstanding relationships with local advertisers.</p>
<p>They need to focus on how they leverage these three assets to help change and get to their next business.</p>
<p>Also, they need to better focus on identifying their true competitors.  It&#8217;s not &#8220;the internet&#8221; or craigslist.  Craigslist has taken the classifieds biz, made it free and it&#8217;s not coming back anytime soon, if at all.</p>
<p>Real competitors are the ad networks that can bundle massive amounts of inventory and sell impressions cheaper to national advertisers through volume discounts.  </p>
<p>Look to your core strengths and build on those.</p>
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		<title>By: jardenberg kommenterar - 2009-02-17 — jardenberg unedited</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390670</link>
		<dc:creator>jardenberg kommenterar - 2009-02-17 — jardenberg unedited</dc:creator>
		<pubDate>Tue, 17 Feb 2009 05:01:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390670</guid>
		<description>[...] The local ad opportunity (and the danger of losing it) [...]</description>
		<content:encoded><![CDATA[<p>[...] The local ad opportunity (and the danger of losing it) [...]</p>
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		<title>By: Robert Ivan</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390667</link>
		<dc:creator>Robert Ivan</dc:creator>
		<pubDate>Tue, 17 Feb 2009 03:16:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390667</guid>
		<description>Jeff, nice meeting you at TOC2009.  You are much taller than I expected.  

@BOB   &quot;If the national news sites could carry targeted local ads they would make more money.&quot;

When local businesses bring me in for online marketing consultation they almost always ask me these questions and make these statements:

1. Newspaper advertising is too expensive and complicated.

2. The cost structure / sizing in their media kits looks like the table of elements.

3. I only want to advertise next to relevant content.

4. I want to market my self, my own website.

5. I did it once and it was horrible, I lost money.

6. I wanted an ad on their website, but they could not tell me where exactly it would appear.

7. How can I use the internet to drive business to my company?

My clients want to get placement on Google Maps, Yahoo Local, Yelp, YellowPages.com, etc...  They pay me to help them set up these free accounts and show them how these features work to drive traffic to their own websites.  This costs them a few hundred bux but lasts as long as their accounts stay valid.  I give my clients a service that Newspapers seem incapable of providing at a cost they cannot match.  Oh, and I also build websites for them if they want.

Newspapers need to step up their value proposition if they are sincerely interested in remaining viable entities.</description>
		<content:encoded><![CDATA[<p>Jeff, nice meeting you at TOC2009.  You are much taller than I expected.  </p>
<p>@BOB   &#8220;If the national news sites could carry targeted local ads they would make more money.&#8221;</p>
<p>When local businesses bring me in for online marketing consultation they almost always ask me these questions and make these statements:</p>
<p>1. Newspaper advertising is too expensive and complicated.</p>
<p>2. The cost structure / sizing in their media kits looks like the table of elements.</p>
<p>3. I only want to advertise next to relevant content.</p>
<p>4. I want to market my self, my own website.</p>
<p>5. I did it once and it was horrible, I lost money.</p>
<p>6. I wanted an ad on their website, but they could not tell me where exactly it would appear.</p>
<p>7. How can I use the internet to drive business to my company?</p>
<p>My clients want to get placement on Google Maps, Yahoo Local, Yelp, YellowPages.com, etc&#8230;  They pay me to help them set up these free accounts and show them how these features work to drive traffic to their own websites.  This costs them a few hundred bux but lasts as long as their accounts stay valid.  I give my clients a service that Newspapers seem incapable of providing at a cost they cannot match.  Oh, and I also build websites for them if they want.</p>
<p>Newspapers need to step up their value proposition if they are sincerely interested in remaining viable entities.</p>
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		<title>By: Bob Wyman</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390663</link>
		<dc:creator>Bob Wyman</dc:creator>
		<pubDate>Mon, 16 Feb 2009 23:47:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390663</guid>
		<description>Why should we let it rest in peace? The problem with NCN wasn&#039;t the original idea, rather it was the idiots who were given responsibility to run it and the short-sighted newspaper publishers who couldn&#039;t understand what it was supposed to be. NCN is kind of like Vietnam -- too many people learned the wrong lessons from the experience... 

NCN done right would have addressed the core *structural* issues in the news business. But, its real impact has been to frighten away any who attempt to address structural issues. Journalists would serve themselves well by standing up to this ghost and trying it again...

bob wyman</description>
		<content:encoded><![CDATA[<p>Why should we let it rest in peace? The problem with NCN wasn&#8217;t the original idea, rather it was the idiots who were given responsibility to run it and the short-sighted newspaper publishers who couldn&#8217;t understand what it was supposed to be. NCN is kind of like Vietnam &#8212; too many people learned the wrong lessons from the experience&#8230; </p>
<p>NCN done right would have addressed the core *structural* issues in the news business. But, its real impact has been to frighten away any who attempt to address structural issues. Journalists would serve themselves well by standing up to this ghost and trying it again&#8230;</p>
<p>bob wyman</p>
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		<title>By: Jeff Jarvis</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390662</link>
		<dc:creator>Jeff Jarvis</dc:creator>
		<pubDate>Mon, 16 Feb 2009 23:32:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390662</guid>
		<description>May the New Century Network rest in peace.</description>
		<content:encoded><![CDATA[<p>May the New Century Network rest in peace.</p>
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		<title>By: Bob Wyman</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390659</link>
		<dc:creator>Bob Wyman</dc:creator>
		<pubDate>Mon, 16 Feb 2009 20:57:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390659</guid>
		<description>Users spend most of their time on geography independent sites and those sites serve primarily geography independent ads. Non-Local ads are easier to sell, buy and serve since they can be contracted for in large bundles and don&#039;t require fine-grained location detection. Thus, local advertisers are essentially locked out of many of the advertising opportunities that are commonly exploited by non-local advertisers.

When I read LAtimes.com, I see ads which are either specific to California or that are general to the US as a whole even though I live in New York City. Similarly, if I&#039;m a resident of North Dakota reading the New York Times, I see no ads for sales in Grand Forks any &quot;local&quot; ads are for New York City... This is silly. Ads should be specific to the readers&#039; needs, not to the &quot;scope&quot; of the publisher.

National newspapers are read by &quot;everyone&quot; while local papers are read primarily by locals. Having larger audiences, national papers can sell cheap ads in bulk to &quot;national&quot; or &quot;regional&quot; advertisers but lose the opportunity to access the potentially rich market for targeted local ads. Local news sites have a problem in that while they have a highly targeted audience and can often charge premiums to access that market, they often can&#039;t aggregate sufficient audience to generate the revenues they require. 

If the national news sites could carry targeted local ads they would make more money. If the local sites could efficiently access the audiences of national sites, they would make more money and get higher readership.

At the same time, we have both national and local newspapers cutting back on reporting staff since they aren&#039;t making enough money. So, the solution seems obvious... The national papers should partner with local news bureaus to provide &quot;local&quot; coverage and ads on a common platform. For instance, a news bureau in Grand Forks, ND might provide the &quot;North Dakota&quot; coverage for the New York Times. Readers in Grand Forks would &quot;opt-in&quot; for North Dakota coverage as their &quot;local news&quot; option in the New York Times. This &quot;hint&quot; would swap the North Dakota news in place of the default NYT Metro and Local coverage. The location hint would also cause the advertising engine to serve local North Dakota ads. Thus, the Times would expand the market for its ads, the Grand Forks news bureau ad sales would gain access to local readers even when they aren&#039;t focused on local content and they would probably get higher readership as well since readers who go first for non-local news would get local North Dakota news mixed in with the NYT coverage. The Times and the Grand Forks group would split revenues on both local and non-local ads when served to readers who self-identify as North Dakotans. Everyone wins.

The Times, of course, will object that the journalists in Grand Forks don&#039;t meet their standards or that the folk in Phoenix don&#039;t. But, this is what editors are for. If it is a concern, then the Times should work to help train, select and edit their local partners. The Grand Forks folk will object that folk will end up reading the Times and won&#039;t visit their own site. This is actually good... They&#039;ll end up making more money off more locals at the Times and they can reduce their local technology costs...

What have I missed?

bob wyman</description>
		<content:encoded><![CDATA[<p>Users spend most of their time on geography independent sites and those sites serve primarily geography independent ads. Non-Local ads are easier to sell, buy and serve since they can be contracted for in large bundles and don&#8217;t require fine-grained location detection. Thus, local advertisers are essentially locked out of many of the advertising opportunities that are commonly exploited by non-local advertisers.</p>
<p>When I read LAtimes.com, I see ads which are either specific to California or that are general to the US as a whole even though I live in New York City. Similarly, if I&#8217;m a resident of North Dakota reading the New York Times, I see no ads for sales in Grand Forks any &#8220;local&#8221; ads are for New York City&#8230; This is silly. Ads should be specific to the readers&#8217; needs, not to the &#8220;scope&#8221; of the publisher.</p>
<p>National newspapers are read by &#8220;everyone&#8221; while local papers are read primarily by locals. Having larger audiences, national papers can sell cheap ads in bulk to &#8220;national&#8221; or &#8220;regional&#8221; advertisers but lose the opportunity to access the potentially rich market for targeted local ads. Local news sites have a problem in that while they have a highly targeted audience and can often charge premiums to access that market, they often can&#8217;t aggregate sufficient audience to generate the revenues they require. </p>
<p>If the national news sites could carry targeted local ads they would make more money. If the local sites could efficiently access the audiences of national sites, they would make more money and get higher readership.</p>
<p>At the same time, we have both national and local newspapers cutting back on reporting staff since they aren&#8217;t making enough money. So, the solution seems obvious&#8230; The national papers should partner with local news bureaus to provide &#8220;local&#8221; coverage and ads on a common platform. For instance, a news bureau in Grand Forks, ND might provide the &#8220;North Dakota&#8221; coverage for the New York Times. Readers in Grand Forks would &#8220;opt-in&#8221; for North Dakota coverage as their &#8220;local news&#8221; option in the New York Times. This &#8220;hint&#8221; would swap the North Dakota news in place of the default NYT Metro and Local coverage. The location hint would also cause the advertising engine to serve local North Dakota ads. Thus, the Times would expand the market for its ads, the Grand Forks news bureau ad sales would gain access to local readers even when they aren&#8217;t focused on local content and they would probably get higher readership as well since readers who go first for non-local news would get local North Dakota news mixed in with the NYT coverage. The Times and the Grand Forks group would split revenues on both local and non-local ads when served to readers who self-identify as North Dakotans. Everyone wins.</p>
<p>The Times, of course, will object that the journalists in Grand Forks don&#8217;t meet their standards or that the folk in Phoenix don&#8217;t. But, this is what editors are for. If it is a concern, then the Times should work to help train, select and edit their local partners. The Grand Forks folk will object that folk will end up reading the Times and won&#8217;t visit their own site. This is actually good&#8230; They&#8217;ll end up making more money off more locals at the Times and they can reduce their local technology costs&#8230;</p>
<p>What have I missed?</p>
<p>bob wyman</p>
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		<title>By: Local businesses and online advertising at Ghost of Midnight</title>
		<link>http://www.buzzmachine.com/2009/02/16/the-local-ad-opportunity-and-the-danger-of-losing-it/#comment-390656</link>
		<dc:creator>Local businesses and online advertising at Ghost of Midnight</dc:creator>
		<pubDate>Mon, 16 Feb 2009 20:23:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.buzzmachine.com/?p=4216#comment-390656</guid>
		<description>[...] Google disiple, Jeff Jarvis&#8230; The promise of local ad support for news will come only if a new population of very small [...]</description>
		<content:encoded><![CDATA[<p>[...] Google disiple, Jeff Jarvis&#8230; The promise of local ad support for news will come only if a new population of very small [...]</p>
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