Nexpo 2008 show
attendance under stress as firms cut back
N&T survey finds capital
equipment budgets under severe pressure.
N&T Staff Report
Attendance at Nexpo 2008 may
mirror the industry’s overall declining fortunes, according to Newspapers &
Technology’s annual Nexpo survey.
For the first time since
Newspapers & Technology has conducted the survey, a higher percentage of
respondents — 54 percent — said they would not attend this year’s show,
scheduled for April 12-15 in Washington, D.C.
The 46 percent of respondents
who said they would attend represents an 8 percent drop from our 2007 survey.
Budget constraints led the
list of reasons respondents gave for not being able to travel to Washington,
D.C., with 36 percent saying slashed budgets wouldn’t permit any travel. Another
20 percent said it’s too expensive for them to travel to the East Coast for the
three-day show.
Respondents also said their
budgets for equipment are under pressure, with 61 percent saying funds to buy
new equipment and technologies have been reduced this year.
Of those who are planning to
attend Nexpo, respondents said they would likely send the same amount of people,
an average of three, as they did last year to Orlando, Fla.
Nexpo ’07, in fact, garnered
high praise from those who attended the show. Some 73 percent said they were
satisfied with the convention, a slight dip from the 80 percent who expressed a
similar opinion about the 2006 show in Chicago.
Still looking
Although attendance may be
down, respondents said they are still interested in technologies and services
that will help them operate more efficiently and attract new revenues. This
year, postpress, computer-to-plate and prepress technologies ranked as the key
products they believe will provide their newspapers with the most benefits.
Postpress in particular is
winning attention among papers eager to position their postproduction operations
as a revenue-generator, particularly as they woo commercial accounts.
Online technology, meantime,
is another area respondents say they will examine. Software tailored to support
electronic editions appears to be the most popular, with self-service apps for
advertising and circulation ranked in second place. Mobile technology is also
popular, but respondents expressed less excitement about social networking,
video and blogging software.
The lukewarm response about
emerging technologies may be due to the fact that the overwhelming majority of
respondents attending Nexpo are not the managers or executives that would attend
the NAA Marketing Conference, where vendors offering Web 2.0-type apps tend to
congregate. In fact, only 1 percent of those responding to the Newspapers &
Technology survey said they also intended to attend the 2008 Marketing
Conference.
Nexpo and the Marketing
Conference will be combined beginning next year.
Finally, the survey indicated
that managers and executives are almost evenly split about their perceptions of
the newspaper industry overall in 2008. Fifty-three percent said they are either
troubled or pessimistic about newspapers, while 47 percent said they were
confident or somewhat confident.
