Monetizing Online News; Prospects and Challenges.

Online media in recent times seems to be the branch driving the media force. Majority of readers these days prefer sourcing for information online to traditional media outlets. Furthermore, the advancement of technology has, for good, made this choice easier and more accessible, as new devices are released almost every day. The ease in accessibility to news online is however posing a financial threat to online editors as no direct payment is made to them by readers to access their online content.

Penplusbytes in collaboration with Online Editors Ghana, on 12^th of December, 2017 held a strategic seminar on the theme “Monetizing Online News” aimed at identifying solutions for online editors to generate revenue using their websites. The seminar attracted online editors and bloggers from notable media outlets in the country who were taken through how to discover various ways to monetize their online content and some applicable tools to increase online content monetisation.

Giving the welcome address, the president of Online Editors Ghana, Isaac Yeboah stressed on how reporting fake news is becoming the alternative to ethical news reporting in the country. “The rise of digitalization has contributed to this; online reporters take advantage of various apps to create shareable news item of no validation and source”, he said.

In an interactive and engaging manner, speakers at the seminar including Kwami Ahiabenu II of Penplusbytes, Charles Ayiku of University of Professional Studies (UPSA) and Emeka Dele and Venus Tawiah both of Now Available Africa, outlined some guidelines for online editors to increase revenue generation on their online platforms.

Monetizing online news; Prospects

An online editor must firstly identify a focused niche, with which the site will always be associated. In such situations, the site has a focused consumer market, rather than focusing on many target group. When the target group of the site is clearly defined, it easily answers what type of content to be provided on the site to the target group.

Another thing online editors must note is that, to generate money from their online platforms they need to build huge traffic on their sites, and the major means for audience to be pulled to a site is by having strong content. In this sense, when generating content, it is very appropriate to identify the needs of the audiences that visit the site, and thus build content satisfying their needs. Also, the content should revolve around the preferences of the site’s target group. 

It is possible that an online editor will have a clearly defined target group, provide strong content solving problems of users and may still not generate money from the site. It takes practical skills to use the necessary tools for monetizing online content, in that order if the online editor doesn’t have the know-how knowledge of the tools, monetization becomes difficult. For that reason, online editors should be abreast with the periodic advancement of online monetization tools.

Google AdSense, Facebook Integration, Live Stream, Social Media Walls, traditional integration are some the tools for monetizing online news, that online editors should acquaint themselves with their applications and usage.

There are online affiliate programs like Amazon, Shopify and other third party agencies on which online editors can sign for a link to their sites to generate money.

Monetizing online news; challenges

Generating money from a site has never been smooth due to challenges like internet connection. The continuous interruption in connecting online makes it not interesting for readers to access online content. And the less readers visit a site, the more building strong traffic on a site becomes impossible.

Another challenge is unsolicited ads frequently popping up on the site. This breaks the chain of smooth reading on the site which has a high possibility of driving readers away from the returning to the site.

Plagiarism has also resulted in decreasing revenue for online editors. Some online editors copy and paste content from other sites on to their sites, without due credit to the original source. This unfortunately has the tendency of questioning the credibility of the original source, not making the site a trusted source. And hardly will readers visit a site associated with trust issues.

Unfavorable policies from affiliates also deter online editors from monetizing their online news. Some of the policies do not favor their assertions which make them decline from signing on to affiliate programs. 

VACANCY: DW Akademie Ghana seeks Project Finance Assistant

Penplusbytes’ partner Deutsche Welle Akademie is recruiting a Project Finance Assistant (m/f) for its Ghana office.  DW Akademie is Germany's leading organization for international media development (www.dw-akademie.com). DW Akademie Ghana maintains an office in Accra. 

The Project Finance Assistant supports media development projects carried out by DW Akademie in Ghana. The assistant is expected to devote a considerable amount of his or her time to accounting, liaising with external tax consultants and administrative tasks such as filing documents. The Project Finance Assistant also provides support to the Country Team in Ghana and Germany by helping plan and facilitate workshops and training courses, including logistical arrangements, for local partners throughout Ghana. This entails liaising with local partners and trainers, booking hotels and venues, financial reporting, documenting activities and monitoring results.

Potential candidates must provide proof of a relevant degree, for example, in accounting, and at least three to five years of work experience at an international organization. Experience in the media industry or media development work is an asset. German language skills are desirable. The fixed term employment contract runs until the end of 2018. Contract renewal is possible, but not guaranteed. Limited travel within Ghana is possible.

Please mail your application (no larger than 2 MB) and include your monthly salary expectations to: beate.weides@dw.com. The application deadline is January 5, 2018. Only shortlisted candidates will be contacted.

Corruption Is Rape…Fight With Your Pledge

A disruptive anticorruption campaign has been launched by the Commission on Human Rights and Administrative Justice (CHRAJ) and Penplusbytes at the start of the week-long AntiCorruption conference (4th-9th December) at La Palm Hotel in Accra. The campaign aims to strip corruption of its socially accepted status and aspirational appeal by getting Ghana to see it in the same light as rape, murder and armed robbery.

Speaking about the campaign, Mr. Richard Quayson, the Deputy Commissioner of CHRAJ noted that “It’s so unfortunate, but the fact is, corruption has now become a norm in Ghana. People freely talk about their corrupt intentions and are rather cheered by their friends and described as ‘sharp’ or ‘smart’. The Commission is committed to changing this.”

The campaign which started in the week of ahead of the launch with an ‘anonymously leaked’ video of a certain ‘Teacher Bismark’ admonishing his primary school students to “chop Ghana’s money” when they are older, revealed at the end of the video that it was staged and prompted viewers to consider what their lifestyles are teaching children. The video went viral, with many Ghanaians sharing their anger at the thought of such a thing happening. This was all planned.

At the launch, Jerry Sam, Programme Director at Penplusbytes urged Ghanaians to channel all rage and anger into fighting corruption by taking the anti-corruption pledge and sharing the message with their family and friends. Anyone can take the pledge atwww.ghanasaysno.org.

“We built this idea on a strong insight that; at the heart of corruption is selfishness and a desire to live comfortably and present an image of success at all cost. So we crafted a campaign that attacked that image attained corruptly. If all of Ghana saw and treated corruption like rape, murder and the worst social vices, then people in the position of trust will think more carefully and be less willing to resort to corrupt means to fuel a corrupt lifestyle. We have very compelling TV, radio and social media ads to help drive home the message which will be released in the course of the week.”

Another interesting feature of the campaign is how it gives everyone the chance to anonymously report any act of corruption through the ‘whistleblower function’ of the campaign website. CHRAJ is committed to investigating and prosecuting any culprit found to be guilty as a result of a tip-off. The campaign is targeting 50,000 pledges and anyone can take the pledge at www.ghanasaysno.org and/or join the conversation on Social Media using #GhanaSaysNo.

Source: penplusbytes.org