Showing posts with label The Telegraph. Show all posts
Showing posts with label The Telegraph. Show all posts

Saturday, August 8, 2009

Look and Feel



I’m told that, the head honcho of a newspaper house – which has re-launched their flagship paper with a brand-new design - has gone on record to say that, “it (the new design) is as best as it can get”. I have no intention of taking him on that point - not b'coz he is known to take serious umbrage at even mildly critical comments in inconsequential bolgs such as this one, but because I - for one - genuinely like the new design ( tho’ I have heard mischievous critics quip, “it is “DNA four years too late”). But for me what’s more interesting to debate – is that eternal question of form (design) vs. content.


Surely look matters. Especially on first appearance. And, beauty is certainly not necessarily only skin deep when it comes to a ‘thought product’ like a newspaper. Great content can be made to look even more attractive by intelligent packaging and ease of navigation is sure to please even an old school die-hard reader.

I believe research indicates that, in a digital age – a newspaper even in its printed form must have a digital look and feel – especially if it wishes to attract new (and obviously) younger readers. And, Garcia is a master of 'digital' design. So far, so good. But, how does an older paper go about re-inventing itself for a younger audience.

The challenge to my mind is not about ‘turning off’ older readers by replacing a layout which they had gotten used to over the years with a new snazzy layout that can appear to be too much of a discontinuous change. The fears on this score – I think – are grossly overstated. But, for a ‘digital design’ to really work – one has to also re-engineer and completely over-haul the content – almost to the point of changing its DNA (no pun intended). It is here many publications fall-flat – because the risks of alienating the traditional readers are too high. And without doing much to the content, changes in design remain largely ‘cosmetic’.

New publications have a clear advantage here. They have the luxury, as it were, to marry content with design – to have a total offering that also reflects the personality of the paper. And, if the 2 (content and design can match up to each other – you do have a winning proposition. In the near past, MINT did this masterfully and DNA too was very successful in its attempt to differentiate with existing products. The Telegraph and Asian Age had done it in their own times. More recently, Forbes India has worked hard at doing the same in the Business Magazines genre and, in it's own modest way, OPEN can be another good example (tho’ I am yet unsure about its chances of commercial success).

MINT went a step further. It was planned truly as a multi-media offering for the future and its design and content delivery seamlessly transitioned across platforms – print, web, phone and even video-steaming.

But, only too often – do we have a new offering in the market – which looks smart but fail to deliver on its content.

The job is decidedly tougher for an existing newspaper – especially the larger and more established ones. Here, I liked the ToI formula – which follows, I suspect, the more classical (and, perhaps, conservative) route. Both for ToI and ET – they first went about incrementally and imperceptibly changing the content (which – detractors popularly called “dumbing down”) and then tinkered with the design. So, when DNA and HT were launched in Mumbai – ToI’s response was not to the drawing board and a new designer – but, instead, they invested heavily on content to make it – arguably – the best newspaper in the country. The same was, I believe, the brief of The Hindu to Garcia when he came to work on it a few years ago. But, then there are also wagging tongues – who say that these are also the 2 terribly designed newspapers in the country.


Even the staid Deccan Herald and the New Indian Express (down South) have also tried a change of wardrobe – but I’m not sure what it has done to their circulation and readership numbers.

Change with continuity seems to be the name of the game. It is surprising how many publications tend to clone their print format even in the digital (web) rendition. There must be some logic to that as well.

Friday, December 12, 2008

Flight of fancy !!




This morning on the flight from Calcutta – I was almost startled out of my seat, even before I had a chance to put my seat belt on, to see an announcement in The Telegraph. In a box item on the front page they informed readers that “to partially off-set” rising cost of news prints they were constrained to increase the cover-price by 50 paise (they went on to assure how TT is committed to delivering the best value to its readers etc, etc. On picking the ToI from the next seat – I found they had a similar notification ( but more simply worded – without any of TT’s almost apologetic note). One remembers that, such announcements were common in the 70s and 80s. But, in today’s day and age – when publishers have been tripping over each other in a game of “invitation pricing”, discounted subscription and freebies ( the latest I read was Nike shoe free with an annual subscription of a Delhi tabloid - read the Romantic Realist's piece by clicking here) – who could have imagined even a few months back that this was even possible.

Considering that a very high proportion of the circulation for most papers in metro towns are already locked up in one or two year subscriptions and ‘jodi’ offers, I am not sure how much this would yield in terms of additional revenues in the short-term. But, that such a move was undertaken (obviously, in unison by all the major players) considering that newsprint prices have actually come down from the peaks that it had reached a couple of quarters back, is indicative of the revenue pressures the industry must be experiencing at the moment. Paginations had already been cut-down over the last few weeks. In Calcutta I found The Telegraph had brought there Metro supplement inside the main-paper. The other day – someone traveling to Chandigarh told me that he was surprised to see the city edition of the paper down to only 12 pages. According to a totally unconfirmed (and, probably unreliable too ) source – the ‘old lady’ had posted a cash-loss for the first time in a zillion years last month. While this can well be malicious gossip – it is indicative of how ‘desperate’ the situation must be.

I am sure that the industry will tide out of this crisis – as the economy recovers (at least the industry ‘old timers’ – unlike the brave new ‘cow-boys’ –who invaded the industry lately – know newspapers were always a ‘cyclical’ business and they have seen many a down-turn in the past). But, for me there can be some silver lining in all this. First, it’ll put to test certain hypothesis on which many players have been punting in recent years: 1)Readers perceive greater value in higher pagination; 2)Selling it cheap means higher circulation and readership (put in simple marketing lingo – what’s the ‘price-elasticity’ of the product). And, most importantly – this should, hopefully, separate the men from the boys.

Well, I guess – like everything else – only time will tell. And, to know the outcome, you and I will have to keep reading newspapers!!

Sunday, November 30, 2008

Pleading Guilty & The Conflict within


Well, I am guilty of being remiss - not that I think I have been missed much. Actually - there is so much to write, with a maddening travel schedule - I simply couldn't find the time ( and, I didn't want to do injustice to the subjects - which I think are important and much of it based on first-hand conversations with very knowledgeable persons from the industry).

But, I intend making up for that soon. Meanwhile, I would commend to you the following article published in the edit-page of today's The Telegraph:

The Conflict Within - Reform Alone will restore the media's meaningful role : By R. Goplakrishnan

(check out the link: http://www.telegraphindia.com/1081201/jsp/opinion/story_10183628.jsp)

Gopal, as most of us know is a Director of Tata Sons. But also, as many may not know, he is a Director on the Board of ABP Pvt Ltd - the publishers of The Telegraph ( which the paper should have mentioned - in the interest of "full-disclosure", as MINT does in such cases). But, coming from him - the opinion is of great import, I think.

Read on....

Monday, November 3, 2008

The Tribulations of a Regional Giant


While passing thru Chandigarh last week (the thumbnail on the side is the official logo of the city-state, for those of you who have been wondering), I saw the imposing landmark of The Tribune at the junction of Sector 29 on Purv Marg and wondered if it would meet the same fate as that of once the pride of Chowrighee square in Calcutta – The Statesman House. In essence, I was thinking – what’s the future of regional newspapers with the large national players spreading their tentacles across the country.

I asked this question of a senior functionary of the paper – over coffee in the lawns of his lovely red-bricked bungalow, taking in a bit of the delectable early November sun with the first hint of winter. At first, he scoffed mildly with a smile (without any arrogance, I must add ) – “HT and ToI have declared that they are going to kill us or wipe us out several times over in the last few years, but we have managed to survive”. He then went on to admit rather candidly, that - while circulation and readership have remained largely unaffected and so has local advertisement – ‘National Ad’ Revenues have suffered. Typically, HT & ToI offer Chandigarh as an “add-on” in their national “package” at almost next to nil rates. This make media planners and advertisers re-think on the need to spend additionally on a local paper given the relative size of the market and the incremental reach it would provide. But, still they haven’t managed to cut-off the life-blood of the paper. Besides – The Tribune’s circulation revenues (which is largely at full cover price – unlike HT & ToI which sell practically all their copies on deep-discounted schemes) are healthy – which is also generally true of other regional biggies like The Telegraph and The Hindu.

So what should be the strategy going forward ? The Tribune has chosen one of creeping regional expansion – pushing the circulation boundaries beyond their traditional strongholds of Chandigarh, Punjab and HP. Now they have started crawling into parts of Uttaranchal, neighbouring patches of Rajasthan and spreading across Haryana – short of the NCR (Gurgaon and its catchment areas). Coupled with region specific customization of content – this has boosted circulation and geographic reach – which, apart from providing greater value to national clients, make them a more attractive proposition for Regional Brand players from Punjab and Haryana.

While this may hold the decline in the short and medium term – would it work in the long run. The answer to my mind, would be in fierce or ferocious localization of content – increasing interactivity and deliver across media platforms (Web, Mobile etc..) This would improve and thereby increase reader loyalty and customer stickiness.

By trying to play the game by the rules set by the competition and cloning them – it would end up becoming poor second cousins of ToI and HT – diluting its original character and also – in the process – losing its traditional constituents. In trying to work counter national predators and incursions by the web - many regional newspapers in the US have ended up going even more local with good effect. I was quite encouraged to hear from an young journalist in Shimla – how a voluntary initiative by some of them in starting a very local news web-site called “My HP” is beginning to gather momentum.

For marketers seeking to increase penetration – the ‘carpet bombing’ strategy of big newspapers won’t work beyond a point. When it would come to targeting the last consumer standing – a strong regional player would do a far better job.

In some ways – the coming few months could actually prove to be an opportunity for the likes of The Tribune. With newsprint prices skyrocketing and advertising revenues slowing down, the biggies might be forced to cut-down cheap unproductive circulation in less profitable markets. That’s when a strong regional brand can strike back with vengeance.

But that would mean a serious re-engineering of content, which may not be easy given The Tribune’s old guard editorial and conservative Board of Trustees at the helm of affairs.

So, I can only wish my friend luck !!

Saturday, September 27, 2008

2000 Monkeys or a1 ton Gorilla.


In a just published article in BusinessWeek (click here to read) , Jon Fine ( who also keeps a media blog : FineOnMedia read here ) prophesies the imminent demise of the big-city papers. He still gives a chance to the “national” papers like the New York Times – even if for just a while longer.

It’s probably the latest of a million elegies ( it’s difficult to keep track – with one being written practically every hour ) for a medium that will go down in the history of the universe as the longest occupant of a death bed – giving even the ol’ man Bhishma a run for his record. But, I found his analysis quite interesting – tho’ it is primarily from an US market stand-point.

First, he thinks the main cause of their un-doing would be the dis-aggregation of the local advertisements ( especially Classifieds ) at the low end to “Ultra-cheap” on-line options such as “Craigslist click here ” or at the high-end to the free-monthly glossies.

Second, the content needs ( and consequently - “editorial energies” ) to Blogs or other independent “on-line endeavours” such as “MinnPost” ( which defines its mission “to provide high quality journalism to news-intense people of Minnesota click here to read).

And, for those publications who are still deluding themselves with the hope of garnering revenues from the “sub-classified local segment (such a pizzerias and dry-cleaners) – he quotes the CEO of a Local Media Research firm, who compares local advertisements to “2,000 – two pound monkeys” ( as opposed to a 1 ton Gorilla – therefore making it a very “unorganized and dirty business”).

I am not sure how far the comparison would exactly hold true for a market like India. In any case there aren’t too many “big-city papers” of any significant size left – with the exception of a few ( non – Hindi ) vernaculars and just a couple of English dailies ( The Telegraph and The Hindu - tho’ they may not like to be called Regional or Local) and the same logic may not quite apply to either of these 2 categories.


By the same token, India doesn't have "national papers" like the New York Times, USA Today or WSJ ( tho' MINT is trying to be a bit of the last ). What we have - I would submit - are a bunch of 'multi-local' papers. Even the giant banyan-tree of a ToI - to my mind - is an "umbrella mother brand" under which it houses several localised editions (much like what a Brooke Bond- Lipton or Tatas do in having separate blends of tea for different states under the same brand name). So is the case in the vernacular space with a Bhaskar, Jagran and Hindustan or The Hindu, Deccan Chronicle and the New Indian Express in the south. In doing so, all of them try to straddle both ends of the market - wooing the national advertisers at one level and mopping up the local business and classifieds at another.

While this dual pronged strategy may work to hedge the risks for Indian newspapers - at least for sometime to come, I think the real game-changer could be the content back-lash, which Fine talks about. In dumbing themselves down to cater to all consituencies newspapers may be losing their plot to the more interactive media options available today thanks to the net. I am, therefore, a little tempted to quote from the 2 comments posted on the article, which lends support to his thesis.

“…… Big city newspapers have already been replaced by blogs, video postings and discussion forums ~ at least for the news addict demographic. Why read what some edited hack piece says about a political speech when I can review the entire thing online and evaluate it for myself? And why would I want to read it on a piece of dead tree, if I can instead debate it with others who are interested, and follow the links to every piece of pertinent information we can find ?”


“…a former daily reporter I used to pick up the local papers when I traveled around the US -- now I just get the Times, the Journal and the FT when I can find it -- most dailies are trying to be all things and hit lowest common denominator…….”

What do you think ??

Tuesday, August 26, 2008

Is it only about Eye-balls ?





Taking off from where Sen and Robin started….


I think it was R Sundar who once told me, chatting over tea at the BCCL office in Government Place East in Calcutta, “circulation has to be built copy by copy - there are no short cuts”. Then there was AD who would never tire of recounting how it took The Telegraph a good 10 years to touch the circulation of the original 'Englishman' of Chowringhee Square, despite the self-destructive tendency of the latter. And, till date the ToI hasn't been able to win the 'catch up' game with TT, as indeed it hasn’t been able to dislodge the Deccan Chronicle in Hyderabad.

But in today's age of SMSs and with PE Investors breathing down one’s neck very few have the luxury of waiting for a decade to build a critical-mass circulation to be regarded as a serious “challenger”. So we have to pump hormones and steroids into a new born to make an Obelix out of it in no time.

The ToI, as always, were the original innovators with their 'invitation price'. The apocryphal story of how the idea struck SJ while passing the Alipore Zoo in a car with PG will go down in the annals of the history of newspapers in India. Then came the 'Jodi' offer which knocked the day-
lights of the competition, who were left with little option but to follow suit in great haste. In the process, as everyone knows, the vendors and the raddi-wallahs made hay while the publishers ( at least one of them) bled to near comatose.

This was also the time when the school newspapers ( the NIE and PACE ) came into play as, by some strange logic, they counted for ABC numbers. A school principal in Delhi once told me about the trouble they had in disposing the old papers – which the students inevitably never carried back home, tho’ it made handsome gratuity for the lower level staff.

Next was the era of deep discounted annual subscriptions and consumer promotions. Taking a leaf out of the magazines, which had long perfected the art of selling subscriptions on the back of gifts, newspapers – by then already infiltrated by the FMCG wiz-kids – began to entice their customers with offers of bed-sheets and tupper-ware. There was one major difference between the magazines and the newspapers – which everyone forgot or rather chose to ignore. In the case of magazines, it was far easier to chose your target audience by using DM (Direct Marketing) techniques. And, since the delivery was through courier or post – and not through the trade – it largely eliminated ‘loss-in-transit’.

The joke doing rounds in the newspaper circles then was – “we also sell newspapers”. I still remember walking into the Calcutta Book Fair in the winter of 2003 and saw a huge pavilion from which people were walking out with watches. Initially, I thought it was a Titan stall only to discover later it was actually of a newly launched national paper and the watches were being given as a free-bee for anyone who signed on for a year’s subscription.

Companies went freely in and out of the ABC as per their convenience. Finally ABC was forced to re-write its rules to come up with a new formula for calculating NPS (Net Paid Sales) to accommodate the big boys of the industry. Bhaskar Das was quoted in an interview saying, India would have moved to free news-papers long ago had it not been for the "raddi economics". Infact, today - if you take the "raddi-value" into account thereader is actually being paid to buy a paper.

I received a telling testimony from my newspaper vendor only the other day. He hadn't come to collect his bill for over 6 months. On asking him why - he frankly admitted, the amount he receives from the company by way of commission and trade schemes ( he didn't mention "raddi") is far more than what he gets from the "grahak" (customer). So it was small change and it no longer mattered to him, if he didn't collect his bills for a few months.


Apparently the model was telecom, where company valuations are based on the number of connections. But, no one seemed to be unduly bothered about the quality of their circulation – like a friend who had joined a telecom major, that was in a tearing hurry to ramp up its number of connections soon after launch, had joked - “we have a clear ABCD classification of our customers – Ayahas, Bai-s, Chauffeurs and Drivers”. No prizes for guessing which company we are talking about here.


In all this – people seemed to totally forget, what now seems like almost a defunct concept, Readership. Initially – people fought over NRS and IRS, choosing what was advantageous for them on that round of the survey. There were front page anchor pieces and lead articles on the edit page written to praise or debunk one over the other . Once, if you recall, NRS was taken to court and its results had to be withheld for months before a settlement was reached. Finally, NRS was put to sleep last year – no one’s certain if it will be resurrected ever again - and IRS, by default, became the limited currency of the industry, which you greet with enthusiasm if the numbers look good for or you trash if they look sick.

Old timers compared ABC & Readership to “clinical (physical) examination” and “blood-test”. A Doctor needed both to tell the health of patient.

Wonder how Media Planners, Buyers and Advertisers decide between publications these days ? Is it only on intuition or gut-feel ? It can’t be simply on how much commission or discount the publication is willing to part with as some cynics would have me believe. I am sure they have developed their own metrics for it.

Perhaps, a friend from the Media Buying Agencies will enlighten us.

But, finally I am left wondering – if Media is supposed to be a “mind-product” (as Goldie defined it) – then can it be only ‘eye-balls’ that matter ? One would assume – that to stimulate the mind you have to read it too. Did I hear someone say – “Reader Connect” ?