
I hate the c-word.
Content. It refers to this huge murky cloud of online articles, video, photos, comments, Tweets, status updates, etc. And it’s a commodity without a price tag.
Despite its inherent supply and demand, it’s hard to identify a price or any proper way to value “content.”
In a recent study titled “How News Happens,” the Pew Research Center’s Project for Excellence in Journalism found that of all the outlets that produced news in Baltimore, almost all of them simply repackaged or repeated previously published information.
Of the media that actually created new “news,” 95 percent of them came from traditional media — most of them newspapers.
The report triggered a number of questions, in particular: Is the real value of content found in original reporting — the stuff you mainly find in newspapers?
Let’s try a broader approach. There are three systems to consider, and each has a unique value attached to it:
1. Traditional “gumshoe” reporting: This is the bread-and-butter reporting that you find in newspapers and wire services. It’s the kind of stuff you learn in journalism school — how to source and produce your own original stories.
2. Social news reporting: Value is created in the shepherding of articles and links. Here, personal brands matter most as value is created in the person who forwards, links or seeds the dialogue in the community.
3. Commentary: This is the pinnacle of the personal brand. Commentators such as op-ed writers in the newspaper model add spit-and-polish to the newsflow by “value-adding” an expert view to original reporting.
Where are you creating value in the reporting that you do?
(Photo: U.S. Naval Historical Center. Vice Admiral C. Turner Joy, USN, Senior UNC Delegate, (left) with Rear Admiral R.E. Libby, USN, UNC Delegate, (center) examine a Chinese typewriter at the UNC Advance Camp)
December 15, 2009 • 10:58 0
HuffPo’s gamble with paid comments may backfire
The Huffington Post is treading into dangerous waters.
The company, as part of a plan to double revenue next year, is allowing marketers the ability to inject their own paid comments among those from users. It will also place paid Tweets in live Twitter feeds.
This is interesting at two levels.
First, this is an important acknowledgement that the comments section of article pages is a prime spot where impressions are served — despite being beneath “the fold.” (Thought: Perhaps it’s time to serve up some comments to the top right corner of article pages.)
Second, HuffPo is taking a big risk by playing Twitter as a one-way conversation. Advertisers will be put in a position where they will have to come up with brilliant ways to add value to the dialogue in the Twitter stream (those Web 1.0 days are long gone). Or it could backfire.
Ultimately, smart advertisers will be asking if they want to be associated and intertwined with a deluge of comments — good and bad — and how they will adjust their message to follow. The key will be for marketers to avoid unnecessary interruptions in comment streams to hawk their products, but to be genuinely interested in the ongoing conversations. Only then can you add value.
Filed under: Publishing, Social Media , Huffington Post, Paid comments