SimonWaldman.net

Eighty percent of success is showing up

Trying out Zemanta

picture-2.pngBack at Seedcamp in the Summer, I met the guys behind what was then a very wizzy little app called Zemanta. They went on to win it, which was great, even though I felt is was a solution looking for a problem. But then, hey - what do I know?

It effectively scanned a piece of copy and then recommended tags for it, looked up relevant pics on Flickr and also found relevant stories from around the web and articles on Wikipedia.

Anyway, this morning, I got an e-mail announcing that Zemanta is now ready to try out. It works as a Firefox plug in and then provides suggestions along side the editing window for Blogger, or Wordpress (yes, even Wordpress when you’re hosting it yourself). The screen grab above gives you an idea of how it looks.

It also has a terribly neat thing - that you can see above where it provides links to Wikipedia articles or company home pages, and you just click ‘Apply all’ and they all get edited in.

It’s terribly neat - and unsurprisingly seems to work much better as your posts get longer.

Definitely worth a try.

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  • Filed under: blogging, software
  • Coverage of GMG

    Plenty of coverage of GMG stuff recently.

    Media Week: GMG looks overseas to open new portals

    Evening Standard: Diversify or Die: That is the harsh reality for media firms

    SundayTimes: Carolyn McCall has plans for the Guardian Media Group

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  • Filed under: gmg
  • picture-3.pngJust before heading off for Easter, there was a rash of coverage for an Ernst and Young report on ‘the future of national newspapers’. [You can see the E&Y press release here and download the full report here .

    The bit that caught my eye was the assertion that eventually got mangled up as ‘we estimate that newspaper websites make between £15 - 20m per year, but they could be making £120m - £250m if they shifted away from a CPM model to more CPC revenues‘.

    What they said on the release (and in the clip from the report on the right) was

    The CPM (cost per thousand impressions) ad model, used by newspapers online, isn’t generating the necessary growth, according to the report – Media and Entertainment… by numbers. Had the main newspaper websites generated the same revenue per UK unique user in 2007 as Google, which uses a Cost per Click (CPC) ad model, Ernst & Young estimates that they would have earned online ad revenues of between £120 million and £250 million each, just from their UK traffic. But this is hardly the case with many nationals’ total online revenues barely reaching one fifth of this amount.

    This is one of those Adam is a man, Adam lives in Reading, therefore all men live in Reading bits of logic. Google uses CPC. Google gets £2.40 revenue per user (according to E&Y calculations), therefore all sites using CPC will generate £2.40 per user.

    Anyway, I called Luca the analyst responsible for this who was keen to stress that they weren’t actually saying that we could all increase our revenues by 10X if only we were smart enough to move away from CPM. They were just pointing out the gap..or as they say in the report (which I can guarantee most people won’t actually see).

    This gap should be seen as an opportunity for newspapers as it shows that monetising online services in the UK is possible.

    Or to be more precise - it shows how monetising the world’s largest search engine and the UK’s largest recipient of ad revenue is possible. Anyway, that’s not quite how it got picked up. EG - this from Forbes

    E&Y has calculated that the UK’s main newspaper web sites — The Guardian, Timesonline, The Daily Mail & General Trust and Telegraph titles — could have generated online ad revenues of 120-250 mln stg each in 2007, just from their UK traffic, by charging advertisers on a cost-per-click system.

    OK. So let’s be clear - Google’s much higher revenues per user aren’t just because of it operating a CPC model. It helps that those users are actively searching for things and the ads are in direct response to those searches. It also helps to have quite spectacular scale and a completely different profile of activity per user to a newspaper site. It also helps to be active across every possible market. And to operate a hugely efficient demand based pricing model. Oh and having all the power that being the world’s biggest media company kind of helps as well.

    We all have CPC elements on our site - either our own deals, or in partnership with Yahoo or Google. I don’t think any of us look at these and think if we were just smart enough to do a whole load more of this, the cash would start flooding in.

    In fact - what we have to focus our effort on is doing things that Google can’t do, rather than just aping them. Smarter sponsorship deals. Cross-platform deals. Letting branding ads reach audiences who aren’t specifically searching for anything in particular. Letting advertisers reach specific demographics. The list goes on.

    OK. That’s enough. My final thoughts.

    1. It’s interesting that in the various bits of coverage, no-one seems to have actually spoken to a publisher to get their feedback on this.

    2. Frankly, I think E&Y are being a bit disingenuous - flagging the £120-250m figure and then saying it’s not really what they were saying we could earn..

    It’s Connect4 with Jordan

    newsstand.jpgSo - this week’s newsstand features Jordan heavily. In fact, in what might prove to be a new game - there’s a complete line of Jordan covers on the second row. She’s out and about, getting drunk, losing weight, having bust ups with Pete, having a meltdown etc etc.

    Meanwhile, my favourite car crash, Kerry Katona is also back on the front page of OK (her rightful home) having a break down and saying: “I’m the most hated person in Britain” (honestly, the vanity of some people!!!), while Heat reveals the results of a drug test she took earlier in the year (negative for cocaine).

    And where is Cheryl Cole in all this? One the front page of Hello - ‘it’s the toughest fight of her life..and she’s determined she’s going to win it’. Apparently her and Ashley are renewing their vows according to star. Or perhaps ‘renewing ‘ means scrapping them so that he is allowed to cheat.

    Oh, and in the weird way these body things work - Nikki from Big Brother is pictured in a backless dress on the front of Heat as part of a new anorexia scare. While she’s featured in the same dress on the front page of More saying ‘Nikki’s back’ with a great new look to find herself a new man.

    One newsstand. So many stories.

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  • Filed under: media
  • Newspaper campaigns are all too often fleeting, faddish things which people cook up in the desire to attract a bit of PR and then give up on all too easy once it gets tricky.

    No such fickleness over at Guardian technology where Charles Arthur and his gang have been banging their ‘Free our data’ drum for two years now. This week, under the slightly optimistic headline: In sight of victory,  they cover a report which proves their case that their is more value to be created by opening up publicly owned data than by giving government agencies control over it. They conclude

    As for the Free Our Data campaign, we feel that our cause now has both the theoretical and the empirical buttresses that our critics have demanded for the past two years. But we are still some way from persuading ministers to make the leap. We shall keep up the pressure.

    If you’re interested in finding out more - the report is: Models of Public Sector Information via Trading Funds. Happy reading.

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  • Filed under: policy