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September 17, 2001 New Thinking:
Website content: the need to specialize

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Note to readers:
In a week which saw terrible tragedy in America, I would like to extend my sympathies to all those affected.

Gerry McGovern


September 17
, 2001

Website content: the need to specialize

By Gerry McGovern


One of the most serious mistakes that people new to content make is underestimating the expense and sheer difficulty of launching a successful publication. Yes, the Internet has made everyone a publisher, and every website is indeed a publication. What is lacking, however, is an understanding of publishing. Hard lessons are only recently being learned.

There’s more to content than meets the eye. There’s more to keeping a website up-to-date with fresh and compelling content than hooking up a few databases and developing some fancy visuals. Quality content is expensive to create, edit and publish. Loyal readers are difficult to acquire.

The Internet is a graveyard of websites who tried to do too much. There are plenty of high profile casualties from the publishing industry itself. Salon may have quality journalism but it’s not making money. The Industry Standard was a great magazine but is no more. eCompany Now acquired Business2.

On September 5, The Financial Times announced that it had sold FT Energy, an energy portal. FT has sold off a number of specialist publications. According to Stephen Hill, CEO for Pearson's FT Group, “Our newspapers, magazines and online services are now all focused on what we do best -- providing our customers with the very best business and financial news, comment, analysis and data." FT is specializing.

If FT, a publisher with a tremendous reputation, is specializing, what does that say for the average website? If Yahoo, the original and best portal, is having to reshape its portal strategy for profitability, what does that say? It says that the publishing game is a notoriously difficult one to crack. It’s one thing creating content. It’s quite another to make a profit out of it.

And yet content is king. A website without content is like a car without petrol. If you’re on the Web from a business point of view, you have to commit to publishing quality content on a timely and consistent basis. If you can’t do that, you shouldn’t be on the Web. The key question then becomes: What type of content should I publish? That depends on a number of factors, including:
  • Who your reader (customer, member of staff) is
  • What content they really need from you
  • How much it costs to publish this content

Portals are examples of where ambition can get the better of economics. People need a lot of content, but that doesn’t mean that you should provide all of it. Portals can get carried away with an ‘everything you ever wanted to know about everything’ philosophy. Asides from the fact that this is an expensive way to think, it can also crowd out really important content.

If a website is too cluttered with a broad range of information, then the really important stuff can get lost. HR information on an intranet is rarely breaking news but when you need it you really need it. Potential customers may be interested in general articles on your industry, but if it’s product features they’re after, they need to be able to get to them quickly.

Many of us got carried away with the 'everyone can be a publisher of everything' belief. Now, websites need to focus on content that matters – to the customer and the bottom line.


Gerry McGovern


 

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Many of us got carried away with the 'everyone can be a publisher of everything' belief.

 

 

 

 

 

 

 

 

 

 

 

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