How the Media Industry can regain its influence in today’s Social Media world

Is Print Dead

Print may not be dead in the region, but are there way that the media industry can regain influence lost to social media celebrities? (image source http://abcodigital.com)

I recently had an email exchange with a colleague in the PR industry here in Dubai on the issue of the communications industry and how to develop. I asked, what do we need to do better to make the communications function in the region better. His response was fascinating. To quote:

The truth remains that more and more media outlets are closing down, journalists being made redundant, consumers not reading much – but “following” social trends!

All what most of us have done is jump into the “influencer” band-wagon and discuss $ rates on the number of posts along with potentially a storyline. This should change. We need to find something more creative than being short-sighted to tap into the money.

But what keeps me awake at night (beyond other things, of course!) is what if media outlets close down, journalism as a profession becomes history – who the hell do we pitch our stories to?

While it’s true that the PR industry in the region has had a hand in the rapid and prominent rise of social media influencers, what about the case for the PR industry’s role in the declining influence of media, particularly print.

Here’s my two cents on how the media in the Gulf should work to regain its influence in today’s digital age. Let’s start with a look at one issue which the media has struggled with, namely transparency:

  • Audited Media – The number of audited print publications in the region is relatively low (we’re probably talking percentage-wise in the single digits). Whilst publishers such as ITP, and, most especially, Motivate have pushed for audited print titles, few others have followed suit. Audited numbers make our job of targeting the right media easy; we’re able to easily compare media titles, understand the reader breakdown and make a judgement as to whether a certain title is worth working with editorially (and then, later down the line, through advertising). It helps PRs clearly align media outreach with the business strategy, and it gives us trusted, independently audited numbers to back up our approach.
  • Unaudited Media – The vast majority of media in the region isn’t audited. Their numbers cannot be verified, and my assumption (which I assume is commonly shared in the industry), is that distribution numbers and readership is over-inflated. There’s no way that we can trust the circulation numbers given by publishers, and there’s no way that we can trust that the audience that we need to reach is seeing our messaging.
  • Advertising Media – Forgive the name for this third category. This is media which is created solely for the purposes of capturing advertising revenues, with limited to no circulation. With little to no circulation to talk of – in contrast to the publicized circulation numbers – such media and their publishers have done little to no favor to the reputation of media in the region. And it doesn’t help our cause in promoting media as the most effective means to reach out to our target audience, especially when the publication has effectively no audience.

The second issue is digital. Whilst some publishers, titles and journalists have embraced digital platforms including websites, podcasts, vlogs and social media, others have yet to leverage the power of online distribution and amplification. Digital remains a challenge for much of the media industry globally; no newspaper has been able to make a profit and run its business from its online sales revenues. However, with consumers in the Gulf region essentially living their lives online, does it make sense for traditional media publications to not be online?

The other aspect of digital which media needs to leverage is its ability to engage in real time with its audience, and build audience profiles. I’m yet to see or meet an influencer who will be able to give me an up-to-date breakdown of their followers’ interests, age ranges, geographies and other demographics. The media can and should be helping to build up reader profiles which in turn will help us work with them to target the right audiences. This requires trust and transparency, which is still hard to come by with many titles (see the above).

I feel its especially important that journalists build their online profiles. While many are being laid off as publications shrink, brands need reputable voices to work with. For me, there’s little comparison between a professional journalist and a social media influencer in the Gulf (there are exceptions). When reviewing a product, it’s much more likely that a journalist will give a less biased viewpoint, and will include both positives as well as negatives. That builds integrity and trust with readers, which advertisers should seek out as the holy grail of brand building. Journalists need to think about transitioning into content creators and distributors for brands, much like their social media influencer counterparts. The difference will be in their ability to tell a balanced story that is trusted by their readers.

Whilst the region’s media scene is slowly feeling the impact of ad spending shifting online (just look at the recent closures, including 7Days), I cannot and don’t want to image a day where we have no media to work with. The media industry has to play its part in changing to meet the needs of consumers, through embracing both transparency and digital platforms. I have a great deal of respect for the professionalism and expertise of many publications and journalists in the region, and I know how influential they can be. We need to ensure that their influence is recognized in a fashion that is understood outside of the media industry, by businesses who want to engage publicly.

Do you have any inputs or thoughts on the media industry and how they should change to remain relevant? If yes, then please do share them with me in the comments below.