Four questions with
John Barry
Newspapers
& Technology recently spoke with John Barry, president of Brainworks Software
about the company’s approach to the evolving newspaper industry and the state of
the newspaper advertising marketplace.
N&T:
What are the key factors a newspaper should consider when purchasing new
advertising software?
Barry: There are many things
to consider, including:
•Does the software give you
the ability to generate significantly more advertising revenue than your current
system?
•Does the system addresses
both your present and future business goals? Specifically, it should empower you
to significantly increase revenue from your core business models while providing
the innovation, flexibility, features and platform to allow you to develop
profitable new revenue channels.
•References, references,
references. Talk with current customers about their experience. Unless
technology is properly implemented and supported, you’ll never gain the benefits
of a new system. Do vendors deliver what they promise?
 |
| John Barry |
•A modern system should be
able to cross-sell across multiple print products of varying mechanical sizes
and styles as well as online, direct mail, preprints and solo mail.
•A new system must allow you
the option to consolidate multiple properties out of a single server or one
server per strategic cluster.
•Investigate the company’s
capability and track record for software maintenance and technical support.
•Make sure the vendor uses
modern platforms and industry standards: Pure Windows applications on a SQL
database, etc. Avoid old technology — it makes it too difficult for the vendor
to respond to change.
•Buying a new system is an
opportunity to implement new business processes. You should evaluate how they
assist you in implementing new workflow and business processes that will take
full advantage of new functionality. A new system should, by definition, provide
new ways for you to make money in your phone room, with your outbound reps, on
the Web, via outbound marketing, and with preprints and direct mail. Ask
potential vendors how they plan to help you make the most of these
opportunities.
•Inspect what you expect: Make
sure the system you choose can track your revenue in a very granular fashion: by
publication, customer, sales rep, market sector, ad type, date range, actual
over budget, year-over-year comparisons and any other criteria relevant to your
business.
•The system should not dictate
the business processes, but rather support the change process.
N&T: How
have you seen the marketplace change?
Barry: There is more demand to
generate revenue with fewer resources in the face of fierce competition.
Today it’s all about the
ability to creatively drive revenue and not just taking orders and sending a
bill. Brainworks had a lot to do with leading this initiative. It started with
conversations with ad directors, brainstorming new ideas and then turning those
ideas into new feature sets, implementing these new tools and then tracking the
very impressive revenue gains. Now it is coming full circle — publishers who
call us often have already spoken with a customer who is generating revenue
gains with their Brainworks system.
N&T:
Revamping advertising sales in today’s market seems like an intimidating task.
How do newspapers minimize the risk often associated with change?
Barry: The key is to generate
more money from existing business models, then use part of the increased profits
to fund initiatives in new, more experimental areas. For example, go for a quick
hit by using a “down-selling” approach, or increase up-selling options and
implement cross-selling in the phone room. You can also deploy a Web portal for
purchasing classified ads and use outbound marketing to reach out to existing
and potential advertisers. Use some of your increased profits to fund deployment
of new revenue channels, such as an auction site or a direct mail package.
N&T: How
would you characterize Brainworks’ software from an IT standpoint?
Barry: First, it’s safe. We
use all standard Microsoft technology (SQL Server, IIS, .NET, etc) and we
utilize it in standard ways, so we behave in a safe and predictable manner.
Brainworks is not replacement
technology — it’s change promotion technology. To generate new revenue usually
requires process change in advertising, and sometimes elsewhere in the
enterprise. The Brainworks system is there to easily facilitate those changes.
You should never go into a project just expecting to swap systems.