by Don Keith
Regular followers of this rant know that I have criticized long and hard the silly moves being made by traditional newspapers (and other media, for that matter!) to attempt to overcome major technologically-driven changes in how people consume media. My favorite target is
The Birmingham News, which continues to shoot themselves in the foot as they attempt to cut their way to prosperity and rely on a clunky, cluttered web presence (www.al.com) to meet the shift in users to a digital platform.
Well, in a recent blog post, media researcher and all-around bright guy
Mark Ramsey takes a look at one newspaper that seems to be doing it right. And it is an entity that many said was doomed, partly because it was a printed newspaper and partly because it was a hybrid local/"national? publication. But mostly because a digital guy bought the dying paper and would surely run it the rest of the way into the ground.
Read on:
1. Bezos is playing for the long term
Bezos
is famous for putting long-term growth ahead of short-term financial pressures.
Indeed, there would be no Amazon.com without this thinking style. That
doesn’t mean you should ignore the day-to-day financial demands of your balance
sheet and your stockholders. But it does mean that you can’t create a long-term
future in disruptive times one financial quarter and one round of layoffs at a
time. It’s cliché, but true: You can’t shrink your way to success.
2. Bezos is investing in the brand
Bezos
has added some 60 new editorial staff at a time when newspapers across the
country are only cutting staff. If
you want someone to pay attention to your brand – to care about it – you had
better give them more to pay attention to and care about, not less.
3. Bezos has launched a number of innovative initiatives
GigaOm
writes: [Editor-in-chief
Marty] Baron gave credit to PostEverything and Storyline, as well as growth at other Post features and blogs
such as Wonkblog (whose creator Ezra Klein left to start what
eventually became Vox), along with new ventures such as The Morning Mix, and verticals devoted to health, science and
sports.
4. Bezos has put great emphasis on digital, both
strategically and in terms of hiring
Many
of the new editorial hires were specifically for the brand’s digital platform.
Editor-in-chief
Baron, from Capital New York: In
order to achieve those goals, we think we need to hire people who are
fundamentally digital. They’ve sort of grown up in the digital world, they’ve
written primarily for digital platforms, and that’s what we’ve been looking
for. Our view is that the web is a different medium, and it calls for a
different form of storytelling. These are all people who are experienced in
that form of storytelling, and in many instances it’s second-nature for them,
and that’s their primary form of expression. We need more of that, we want more
of that.
So
the Bezos recipe sums up to this: Focus on the long term, invest in the brand,
take risks by experimenting with new initiatives, and see the world the
way today’s digital consumer sees her world.
1 comment:
Very value able post, I read the whole story when I start reading it.
http://www.ourfog.com
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