The Small Business Development Center of Hampton Roads, Inc. is the service provider of first choice for the region’s small business community. By offering free, confidential one-on-one business counseling, low-cost training, research through SBDCNet and referrals to top-flight service providers, we assist in maintaining and growing this vitally important segment of the region’s economy.
Alternative newsweeklies welcome ads from industries that may have difficulty finding a place in other media. However, the flip side of such an openhanded ad acceptance policy is a glut of ads for liquor and tobacco companies and adu businesses – a group some advertisers may feel uncomfortable joining.
Daily newspapers are not attracting younger readers as much as in years past. So how are those younger readers spending their print media time? Chances are, it’s with an alternative newsweekly. These weekly papers are often the only alternative to the leading daily paper in a given market, and many consider themselves watchdogs dedicated to keeping an eye on the daily’s actions as well as news outlets for stories not covered by the major papers.
The alternative newsweekly industry, like the Radio industry, has been profoundly changed by consolidation in recent years. Many newsweeklies that position themselves as local underdogs may actually be owned by conglomerates headquartered in another part of the country.
One advantage to consolidation for advertisers is that it’s now easier to assemble national marketing coverage. The Association for Alternative Newsweeklies (AAN) recently launched a national classified network with over a hundred participating U.S. newsweeklies and aggregate circulation in excess of 6.5 million readers. In just its first five weeks of operation, the new network racked up a week-over-week revenue increase of over 200 percent.
Alternative-newsweekly readers tend to be very desirable target consumers. According to the Alternative Weekly Network (a non-profit corporation specifically created to facilitate and coordinate national advertising buys for the alternative press), the typical newsweekly reader is:
Male (53 percent) Female (47 percent) Single (50 percent) Young (42 percent are aged 18-34; 75 percent are aged 18-49) Educated (82 percent attended or graduated from college) Affluent (Average household income is $47,124).
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