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Technology Corner: Matchbin Helps Newspapers Adapt Matchbin Cents: Banner Advertising Matchbin's Newsletter Archive |
Newspapers are adaptingDec 19 07 - 03:01 PM Technology has always been a catalyst for change. It has changed how we live, interact with each other, even how we receive and process information. The 15th century was first to see the printing press and a wide dispersion of information. Today, we have the Internet. Both have drastically changed the way the world receives information – creating new opportunities for businesses willing to adapt and embrace the advantages of new technology and punishing those who sit idly. Many in the newspaper industry have discovered that without adjusting traditional methods there are significant decreases in the Two “R” s — Readership and Revenue. A recent Businessweek article indicates many dailies are losing circulation at an alarming rate. Spending on local newspaper ads fell 3.1 percent last year, to $24.4 billion, while Internet advertising rose 17.3 percent, to $9.8 billion. It is clear the market is eroding away from the newspapers. The key question is why? Consumers still require the information newspapers provide. Many are just getting it from another source.
Online Classifieds/Business/Event listings: Your readers can place any of these listings, at any time, in your paper and your online site, at their convenience. Our system allows them complete control over the ad creation process and research shows they’ll pay more when exercising that control.
Banner ads: Matchbin can pepper your site with unobtrusive banner ads from nationwide advertising networks, and pay you for the impressions. Your local advertisers will pay a premium for access to the demographic your community serves. The Gilmer Mirror has increased ad revenue by more than $100 each month with this mixture of ad offerings.
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