I’ve been focusing too much on the wrong thing. I’ve been stuck in the mindset that growing audience on a digital platform for a media company was limited to control over content collection and the engagement strategy behind it.
As sometimes happens, I was focusing on the wrong problem given the situation and worrying about what I can’t control. Don’t misunderstand there is still a tremendous need for quality, relevant and engaging content. But creating content is not the role of the team I am associated with. Our role is to seek out quality content from multiple sources to package it in smart and enticing ways and use smart tools to feed the engagement process.
As Judy Sims points out convincingly in comparing AOL’s new strategy against media company strategy, some potential ways to do that better are found in these areas:
- Media companies need a culture of smart online product development
- Embrace that fragmentation is a good thing
- Create a wide range of content verticals targeting multiple niche audiences
Sims notes an important point Clay Shirky made in his talk on internet issues at newspapers: “one of the 3 non-economically based reasons that most newspapers will eventually fail is that the bundle of information they present online is “incoherent”.
The New York Times is being torn apart right now by its own readers. The number of people who go to the Times’ homepage as a percentage of total readership falls every year — because you don’t go to the Times, you go to the story, because someone Twittered it or put it on Facebook or sent it to you in email. So the audience is now being assembled not by the paper, but by other members of the audience.
Brad Garlinghouse, the president of internet and mobile communications for AOL says it best: ‘how do we take messaging to the next level?’
The importance of moving the culture and the essential task list in the online product development realm is demonstrated by this exchange. (Find the entire Q & A here)
Q: Can content-bases strategies scale? Content businesses don’t seem to get all the love that tech companies do.
A: I don’t know what our valuation will be but people in the media business look at Silicon Valley companies with envy. We have the opposite view. Let’s take some tech and be serious about it, around our content.
What makes tackling this issue interesting and fun is how we choose to scale the possible solutions. Our future relies on the things we try and the environment in which we do it.
Newspapers produced the mix of content that would appeal to the broadest audience possible. As the web allows for narrower and narrower niches of content, maintaining the old bundle cannot work.
So here are four simple tasks I can up with that can help shift the culture and move momentum in the areas where I have some influence. What do you think? Is this a good path?
- Seek out numerous community contributors across a wide range of spectrums, engage them and use and promote their content. Professional journalists are just one source of content. (A message to journalists: “For journalism, you’re not just hiring the person, you’re hiring their community too.” – AOL chairman and CEO Tim Armstrong.) If you’re a journalists, you better have a community.
- Develop a model similar to what’s going on at The Daily Blank. Check it out. It’s worth it.
- Create a kick-ass user experiences around multiple topics, whether automated or manual
- Follow the product develop discipline
- Divide and conquer
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