The media's struggling with credibility. Marketers may not be
too far behind.
HBO’s series The Wire
debuted its fifth (and final) season last night.The Wire is a brilliant chronicle of inner city life and the
drug trade.And what
makes it truly unique is the show’s ability to analyze the myriad
connections that contribute to societal problems.
Original post date: 1/7/08
In past seasons,
The Wire has looked at lack of opportunity, corruption
in city hall, smuggling through port authorities, and
the failure of education.
This year, The
Wire is focusing on the media.And it brings up an issue of significant interest
to marketers:what makes news credible?
Set in Baltimore, the show takes
us inside the newsroom of
The Baltimore Sun,
where the newspaper is struggling to maintain
profitability as readers switch to other media.(See New
Challenges for Old Media:Newspapers.) People
are laid off, budgets are cut, and pressure is put on
the staff to write more sensational stories to sell more
papers.
Show creator David Simon used to work at the Sun, and over the
next few weeks, he’ll certainly take us through an
entertaining look at what happens to the people there as
pressures mount.
His point is
critical:
What happens as news quality deteriorates?What impact does that have on the rest of the
city and society?
Mark Twain once noted,
“I am not the editor of a newspaper. And I shall always
try to do right and be good, so that God will not make
me one.”
Journalism in
general is struggling with a credibility crisis, and
newspapers more so than other media.A Pew Research study in 2004 showed that just
over half of readers ranked the newspaper they are most
familiar with as being “believable.”Even the news sources ranked as “most credible”
(CNN, national and local TV news) had believability
ratings just over 60 percent.
People obviously
want more, but how are they going to get it?Especially if the media outlets have fewer
resources to provide good coverage?
The answer may lie
in a remarkable opportunity for marketers.
The believability
ratings of the media don’t appear to be moving upward
anytime soon.But technology has created the tools are changing
the game.
Just not within the traditional channels.
The credibility
issue stems from the limited space and information that
a news source is able to provide.Print space in particular in finite.Readers who think a story is biased or incomplete
have no way to find out more.
But some savvy
reporters have found ways to work around this—and boost
their credibility—through running their own blogs in
addition to reporting through their traditional outlets.Blogs not only allow them to expand information,
but invite discussion.What’s more, some reporters are going so far as
to include podcasts of their raw interviews with
subjects, so readers understand the quotes in context.
And that’s the
opportunity:
Eliminate the constrictions of information in
traditional media sources by supplementing them in other
places.As news sources have fewer resources, public
relations resources from marketers can help fill in, if
they are willing to offer quality information.This is true not just for major media sources,
but for trade and local media as well.
For marketers,
that means opening up more background, access to people,
and (for those who can handle it) unfiltered
conversations in blogs, chat sessions, and other
user-generated content.
Hewlett-Packard
recently made the decision not to filter content on its
website.
Others are following suit.Even when time-strapped viewers don't take
advantage of the information, the value is still there:the source is willing to open up.
The credibility
risk for marketers.
Ultimately, the
reason to do this is that there will be no choice.Whether a marketer filters content on its site or
not, there will be numerous other locations (all
accessible with a simple search) where unfiltered
content is readily available.Which will be more credible to a viewer—the
corporate filtered version or the good-and-bad-news that
actual product users are offering? Are you more willing
to buy the digital camera with all-glowing
manufacturer-generated testimonials, or the one where
owners say it's usually pretty good, but you need to
have more batteries on hand than the manual says you
should? Even when some viewers decided to
completely trash a product, it can still result in more
sales (see this
Chevy Tahoe report from Wired.)
"Transparency" is
the buzzword being used for this, although we're not
sure if complete transparency is possible. What
is possible is for marketers contribute more, and
relinquish some control of their messages to other
sources. Those who don't may wind up facing
credibility issues of their own.
So, while they may
not be cursed with the fate of actually being a
newspaper editor, there will be more pressure on
marketers to ante up with news.
There's a lot more
to this issue than we can fit here. Want to know
more?
E-mail usor
call, and we'll share as much as we know.