Examining Smart Programs Of
But local publishers also have more service needs that they’ll hand off to third parties. “The path to making great inroads with the Fortune 1000 is really tricky,” said Jed Williams, chief innovation officer of the Local Media Association. Local advertisers also have a wide range of business needs, which requires sales team to keep up with a menu that changes frequently. Katsur said that Nexstar’s COO spent nearly one quarter of 2017 on the road, putting the broadcaster’s local sales teams through two-day trainings that included a final exam. Some agencies like Excelerate Digital, a marketing agency owned by newspaper chain McClatchy, try to serve businesses of all sizes. UpCurve, a group of services businesses owned by GateHouse Media, caters to small businesses. Most recently, it acquired Closely, a SaaS product that helps small businesses track their social and mobile presences of their competitors; and Contact Management Systems, a CRM service. Nexstar, which expanded its digital services when it acquired Media General in 2017, aims at bigger businesses, often in support of its core broadcast television advertising business. The Local Media Association survey also showed homogeneity creeping into publisher offerings and margin pressure from competition. Upwards of three quarters of respondents offered the same services.
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