brand equity online
TRANSCRIPT
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Brand Equity in a Fragmented Media LandscapeGoli Sheikholeslami April 29, 2010
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What is Brand Equity?
Added value for consumers of news from
…versus news from any other source
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Background: Consumers’ choice for media channels have mushroomed….
• Growth of cable television and the Internet has fragmented traditional media
• 92% of Americans use multiple platforms to get news on a typical day
– Only 7% typically get their daily news from a single media platform3
• The Internet has become a mainstream medium
– Projections indicate there will be more than 220 million internet users in the United States by the end of this year1
• 67 million US adults accessed the internet via a mobile browser last December
– This December, 84 million are expected to do so2
1eMarketer, February 2010 2eMarketer, November 2009 3Pew Research Study; Understanding the Participatory News Consumer; 2010
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The “Old” World Order for The Washington Post
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Few news competitors:
• Four television networks• Local-interest magazines• Niche local newspapers• Radio stations
Market: The Washington DMAPlatform: The Washington Post newspaper The Washington Post’s
world-class journalism and connecting of the
community was our “added value” for consumers.
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The “New” World Order: Consistent mission, more access points
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The “New” World Order: More Consumer Choice in Media Vehicles
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Market: The worldPlatform: ALL!!
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1. Act Early
What Have We Done to Stay Competitive?
2. Take Advantage of New Storytelling Tools
3. Utilize New Methods of Audience Acquisition
4. Take our Content Directly to Audiences: Where They Want It, When They Want It
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Act Early: Protect Stakeholders
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Advertisers
Community
Readers
Journalists
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Our 1995 Home Page
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1999
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2005
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2010
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New Storytelling Tools
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New Storytelling Tools
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New Storytelling Tools
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Acquiring New Audiences: Three Sources of Traffic
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The Loyalists(Typed/Bookmarked)
Partnerships(Website Referral)
Natural Search(SEO Optimization)
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New Methods to Acquire Audience
Network News: Easily share wp.com content with your Facebook friends
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Bringing Our Content to Users: Where they want it, when they want it
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Our New Platforms
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• More than one million mobile users point their devices to Washington Post Digital each month
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Lessons Learned
• Recognizing the need for continuous innovation
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Content Multi-format Publishing User Engagement
• Embracing the opportunity rather than the threat• Understanding that the job only begins with publication
• In other words, recognizing that we still had to do everything we did before WHILE doing all the new stuff
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Questions?