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Communities are the new classifieds

Björn Jeffery - 22 februari

I'm gone two days and another community has been bought! Hopeless. If your Swedish is decent you can read the newspaper VK´s own story, they are the ones buying. In short they paid 10 million SEK for half of a local youth community called Apberget.se. There's been a lot of this going on lately, as you will have noticed if you follow my blog.

Personally, I think it's an act of desperation. Not necessarily a mistake, but probably a decision made out of fear rather than foresight. Why? Well, a few years ago an online classifieds site called Blocket.se started to gain traction. A Swedish Craigslist if you wish, even if the two sites are radically different. The impact they made was pretty much the same.

Blocket.se basically killed the market for classified ads in print. And Swedish newspapers didn't see it coming. Not one bit. Since then, they've been trying to make up for it through all manner of projects and sites. Some have been moderately successful, but nothing has even come close to Blocket.se.

I think Swedish newspapers today are scared that they will make the same mistake again. So scared in fact, that they're willing to pay serious money just to make sure that they don't.

Youth communites differ from online classifieds in one crucial aspect - the classifieds took money from the newspapers. These communities don't, and can't. They are aimed for a demographic that the newspapers never really had anyway. So worrying about making a new Blocket-mistake isn't really relevant. It is, on the other hand, uplifting to see that newspapers are doing a sincere effort to reach people under 40. It's was a long time since they did well in that arena.

tags bloggar.se: , , , , ,

7Kommentarer

Jonas Sandberg / 19.44, 22 februari /

So why do you think a newspaper buys a community? Do you think that they will start implementing apberget.se in VK and that way draw attention to the newspaper? Or will they go the other way around and implement VLK on apberget.se aiming to create a better community and also a bigger awareness among the youth that VK is the newspaper to buy whenever they´ll start to buy one? Or is this a natural effect now that newspapers/magazines/tv-channels and all other media-related companies tries to transform themselves into “all-eating-all-producing-mediahouses”? Or is it just a go for the gold? Lets invest 10 million SEK now and sell it for 20 million SEK in a couple of years? Or are their hopes/plans/motives something completely different? What do you think is the reason for VK to buy apberget.se?

Björn Jeffery / 19.44, 22 februari /

Jonas: I wrote a long post that disappeared…. I’ll get back to you as soon as I have time to write it again :)

Good Old Trend » Blog Archive » Why newspapers buy communiti / 19.44, 22 februari /

[...] In my last post, Jonas Sandberg left a comment with so many questions that when I started to answer them, it turned into a post of it’s own. So here we go: why I think newspapers are buying communities. [...]

Good Old Trend » Blog Archive » Where are the media companie / 19.44, 22 februari /

[...] Lately I have had several meetings that all have led me to the same conclusion. The level of technical knowledge – from the ground floor to the management – is pitifully low. Still. Even after the embarrassment regarding classifieds. No, if nothing is done about this fairly soon I think we are headed for yet another sticky situation. [...]

Леонтий / 19.44, 22 februari /

Все отлично: и по стилю изложения, и по содержанию тоже. Так держать!

Shawna_Jerviss / 19.44, 22 februari /

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jak szybko schudnac / 19.44, 22 februari /

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