‘News organizations doing a crummy job of capitalizing on online advertising’s growth’

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News organizations are doing a crummy job of capitalizing on online advertising’s growth, writes Andrew Beaujon. The Pew Research Center’s Project for Excellence in Journalism studied the websites of 11 newspapers, several TV networks, and Yahoo and the Huffington Post, and found that “even the top news websites in the country have had little success getting advertisers from traditional platforms to move online.”

Just three of the 22 outlets studied offered targeted advertising based on their readers’ searches, pages viewed or other activity. “By contrast,” Pew’s summation of the report notes, “highly targeted advertising is already a key component of the business model of operations such as Google and Facebook.”

Some other findings:

  • The largest category of online ads at news orgs? House ads.
  • Newsgathering organizations mostly took a pass on coupon ads, and those that did mostly featured their own sites.
  • Search ads weren’t evident, but Google-provided text ads were on many sites.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.