Podcast – Full Interview with Brad Flora of WindyCitizen.com
This is the audio file of the interview that I did with Brad Flora of WindyCitizen.com for the story on Real-Time Ads
Download Interview with Brad Flora of WindyCitizen re Real-Time Ads
In this interview, you can hear Flora explain in more detail how WindyCitizen.com came up with Real-Time Ads, how real-estate businesses were already coming to the site to try to promote themselves, and how they became determined to offer their clients something more useful than banner ads.
At about 8:05, we also have an interesting discussion about the future promise offered by doing more robust targeting of the ads, so better match the advertiser with the user by means of leveraging the personal user data that a quasi-social networking site like WindyCitizen.com can gather.
At about 13:30, we address how to strike the balance between too much control of the conversation on a site vs. allowing things to get out of hand. He talks about the “broken window” theory of policing the site of a niche aggregator.
At 18:00 we talk about how crucial it’s going to be for sites to have simple, self-service ways for your users to buy advertising and give you money. At about 26:10, we address the issue of whether or not Real-Time Ads could ever grow to the point where they would start replacing the revenues newspapers have lost to Craigslist.
MinnPost mashes up Twitter, blogs, headlines, classifieds
MinnPost, the non-profit news startup in Minneapolis, has rolled out a new form of advertising. Called Real-Time Ads, the ad unit shows headlines and links to Web sites in a skyscraper box that looks like a display ad but with real time updating ala Twitter. It’s live in the left hand column of the home page of MinnPost.com.
The service aggregates tweets, blog posts, and other feeds from local business. Three ads are randomly served. The ads rotate every time a reader goes to a new page on the site. The service can accommodate a maximum of 32 ads. There’s an option to view all ads.
The MinnPost site describes the ads like this:
“For a modest weekly charge, you can show MinnPost’s readers the headlines or brief summaries of these messages you’re already creating, and watch them link to your full messages on your website.”
Real-Time Ads are free now as the service is in beta. Plans are to charge under $100 a week – a different model than the $15 per thousand impressions MinnPost charges for display ads. The ads are for local businesses and are only served to readers in Minnesota.
There’s an interview with MinnPost editor Joel Kramer on the Nieman Lab Web site.
