Quote:
Originally Posted by $5 submissions
Definitely a positive.
For each newspaper closed, dozens of jobs go down the shitter though.
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True, but if people don't wanna buy a product anymore and a job gets obsolete, the smart people find other jobs. People working for newspapers are assumed to be smart for their writings. They will find a new way to exist. They have too. Nature works that way.
Newspapers. 2 words. News & Paper. Not the same. People want news all the time. Paper/Printing is a way of supplying it which is becoming obsolete because of the internet.
Since evolution in business or progress in common is unstopable, as being a newspaper I would evolve along with my clients/readers needs:
1) I need it NOW and not the next day or during office hours or depending on distribution
2) I wanna read it and I don't care how I obtain the info or thru which media or site
3) I want it free (if possible / cheap if nessecary)
If I had a newspaper (news & paper) I would make websites (nothing new..)
But I would NOT:
-charge 30 a month to read news...
-pay per article
-complicated things that scare off clients
So, for example, a newspaper does 50 million a year in revenue.
Makes 10% profit (=5 Million) because printing and distribution costs are high.
Would 10 Million in revenue on internet do with 50% profits ?
Stock exchanges/investors would not settle for revenue going from 50M going to 10M but if the nett profits could remain the same or similar there is a much BETTER business model.
I would pay to read (really new and accurate news) but not at ANY price.
Small micro billing and quick results like premium SMS would be the answer IMO.
Access 1 or several news sites for 1 premium SMS would be acceptable for most people I think and the sites would still offer ads. The email adres and phone number with people's intrests is worth money also to build a database if properly filed and used in the correct way.
It's more likely that a news provider can find clients that wanna pay $1 buck for one day, then to find clients that want to spend $20 a month wether there is any good news or not.
$1 =nothing/pocket change/tip money
$20 per month = an agreement / investment /a thought over choice
more people have 1, less people have or want to spend $20
1:5000 doing $20 monthly or 1:5 doing $1 daily when something interesting happens, that COULD be the question.
It's just my opinion, not an absolute truth. So fire away...
and I'll see it tommorrow since it's way past midnight here in Holland.