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“Shelley and I spent a ton of time looking at the [James] Surowiecki article in The New Yorker about the future of newspapers, the David Carr article in The Times, Jack Shafer’s response on Slate—all this stuff about how people are going to consume newspapers on the Internet in the future,” Mr. Cary said. “We find that extremely related to what we’re doing now. We’re sort of eating that stuff up. It’s about how you’re reaching to people and what platforms you’re reaching to people. Because it’s experimental and the feedback is instantaneous, we’ll really be able to play around with how things go.”
Magazines have an incredible opportunity to adopt this phenomenon online, but doing so requires a different approach to editorial and product development.
Consider these five points:
1. Focus on the value exchange between your brand and your users.
2. Harness the social graph imaginatively; think beyond your editorial content.
3. Don’t be afraid to mix your community with your advertising.
4. Help marketers find the social influencers.
5. Design social products, not products spread socially.
An excellent example of a print publication embracing all these components in an innovative online product is the The Economist.com’s recently relaunched debate series. The Economist took the Oxford style debate—a hypothesis, moderator, pro and con speakers, rebuttals and comments from the floor—and brought it online.
Stephanie Sarofian, Senior Vice President, Managing Director
John McCarus, Vice President, Group Development Director
Christine Beardsell, Vice President, Group Creative Director
Steve Torrisi, Vice President, Executive Producer
Marta Infante-Stajek, Business Affairs
Sarah Passe, Content Development Manager