Posted in Business Theory,Uncategorized by Digidave on July 22nd, 2008

The Reason Advertising Won't Save Newspapers

Earlier today somebody emailed me the following story about the potential of local advertisers to save newspapers.

I do believe there is potential there and because I’m at a Knight event I can’t respond in full. But I don’t have to because Seth Godin has taken the words right out of my mouth.

clipped from sethgodin.typepad.com
When I first started talking about Permission Marketing ten years ago, marketers asked, “sure, but how does this help us?
A decade later, marketers look at Wikipedia or social media or the long tail or whatever trend is finally hitting them in the face and ask the same question.
Here’s the essential truth:
This is the first mass marketing medium ever that isn’t supported by ads.
If a newspaper, a radio station or a TV station doesn’t please advertisers, it disappears. It exists to make you (the marketer) happy.
That’s the reason the medium (and its rules) exist. To please the advertisers.
But the Net is different.
It wasn’t invented by business people, and it doesn’t exist to help your company make money.
blog it

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2 Responses to 'The Reason Advertising Won't Save Newspapers'

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  1. Michael Stoll said, on July 29th, 2008 at 10:58 pm

    David, need I point out that just because advertising won’t save newspapers, that doesn’t mean nothing can save newspapers! We’re working on a neat plan that would cut ads out of the loop while continuing to print a daily paper that provides a public service. Check out http://www.public-press.org. — Michael

  2. Digidave said, on July 29th, 2008 at 11:00 pm

    And I 100% support your efforts (as in, I will do everything I can to support them).

    Three cheers for any effort to save newspapers that thinks outside the advertising box!!!

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