Good news for Nick Denton & Co., his Gawker Media reports that revenues are up by 45% in first half of 2009. So much for that “adcopalypse” where Denton spoke about 40% decreases in ads online last year, and warned media outlets to cut their costs why they still could. Gawker Media certainly did that, but it hardly hurt them, it would seem. They even brought back the pageview bonuses.
One of the many casualties of the economic downturn has been online ad pricing, but analysts at an ad optimization company now believe we’ve turned a corner.
Improve Digital/PubMatic has released data which suggests that ad pricing may be on the increase, after record lows in 2008.
Reporting at the beginning of the year, PubMatic reported that Q4 2008 ad pricing was nearly half that of the previous year, yet in every month since the start of this year ad pricing has grown between three and 17 per cent, with a total growth of 35% since December. [Read more…]
Gawker Media has had a good year so far, with ad revenue up 35% when the industry is suffering. The network clocked 334 million pageviews in June, and Nick Denton is happy. He is, in fact, so happy that he’s bringing pageviews to the table again, with bonuses for writers reaching their individual targets. This from an internal memo published on the Nieman Journalism Lab blog.
Don’t all get excited: the levels will be modest; aimed at the writers who aren’t paid as much as their traffic would warrant; and we’re only committing to bonuses for the second half of this year. Chris Batty’s sales and creative services teams have done an impressive job in bucking the advertising slump; but we have no idea how long we can continue to out-perform competitors.
He’s also mentioning the new commenting system and policy change, further outlined in a Jezebel post. Skipping that, the memo actually gives some insight in how Denton & Co. thinks about comments. [Read more…]
“The UK advertising industry sucks £18bn ($29bn) annually from firms to make ads that are increasingly being ignored and deliver no value.”
That’s according to Tim Hunt, MD of UK-based marketing company Flexile.
At a time when companies need to save money, Hunt reckons that they should dump TV, magazine and junk mail advertising and instead embrace the Internet “where buyers now flock to find products and services”.
He has harsh words for ad agencies, claiming that they perpetuate the myth that the Internet is an immature environment. [Read more…]
I was a bit surprised to see that ReadWriteWeb published a sponsor post (about the .me domain, which is cool, check out tdh.me /shameless plug), something I haven’t noticed them doing before. This is how they, well, defend it I guess:
[…] we offer our long-term sponsors the opportunity to write ‘Sponsor Posts’ and tell their story. These posts are clearly marked as written by sponsors, but we also want them to be useful and interesting to our readers. We hope you like the posts and we encourage you to support our sponsors by trying out their products.
Right. I’m not sure I like this kind of sponsored post actually, it is too much marketing. I don’t mind thanking sponsors in posts though, as in “thanks to our sponsors, June 2009” or something like that. This? Too much marketing, but at least RWW are transparent about it.