« Some newspapers need economics lesson | Main | Fight for the low-end market »

Drop the price

Looks like someone else over at brasstacksdesign.com has a set of “new rules” for journalism. My rules are much broader lessons to live by. Brasstacks offers what feel more like steps. And Step. No. 6 is “drop the price.”

Most papers offer deep discounts anyway, so this may not be as drastic as it seems. And a lower cover price could reduce churn and the costs associated with it. Sure, we'll take a hit on circulation revenue, but the real money to be lost is in advertising. We must resist pressure to drop ad rates as penetration declines. On the other hand, advertisers will pay even higher rates as long as they get results, but first we gotta deliver the eyeballs.

If you've been reading this blog, you know I couldn't agree more.

About this post

This page contains a single entry from the blog posted on October 29, 2006 8:26 AM.

The previous post in this blog was Some newspapers need economics lesson.

The next post in this blog is Fight for the low-end market.

Many more can be found on the main index page or by looking through the archives.

About Lucas

Creative Commons License
This weblog is licensed under a Creative Commons License.
Powered by
Movable Type 3.33