One of the many economic ripple effects of the global scaling of the web has been an enormous rift between place-based and place-less news organizations.
As recent as the early 1990s, the business fundamentals of the Washington Post, the New York Times and the Philadelphia Inquirer weren’t all that different. They were all advertising and subscription businesses that used a newspaper model as its strategy, leveraging thick newsrooms to gobble up a high comprehension of readers in its audience segmentation.
The web has transformed this into what seems very obvious to you today. Despite the geography in their names, the Washington Post is read globally for insight into U.S. government affairs; the New York Times is read globally by an affluent tribe that identifies with its brand and the Philadelphia Inquirer is read regionally by those who want to access that geography’s largest and most influential newsroom.
Continue reading Local and national media: once no difference, and now the central difference of newsrooms
Most of us (myself included) could do a better job of more often recognizing that when we buy something, we are also, in a way, voting for it. Cost analysis should include an awareness of what message you’re sending when buying something or going somewhere (I want this beer/farm/news site/bar/zoo/restauant, etc. to exist.)
Purchase power has always been a way to show support, but when we increasingly buy that which is not tangible, it may be even more important to incorporate that support into the price point.
As the music industry has fought online pirating, it has seemed to have the most success in arguing to consumers that buying music (an mp3, a CD, etc.) not only ensures a better experience, but purchasing also is a way to support, and tacitly “vote,” for a favorite musician — whether they are getting the biggest cut of the pie or not.
For local, small businesses (yes, niche media too), the pitch has to be the same. We need to offer value to consumers, yes, but ultimately the audience needs to also see any purchase — whatever that is — as a sign of support.
Continue reading When you buy something, you are voting for its existence