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Crain's claims online surge as Porter looks to delineate on and offline offerings | Print |  Email to a friend
Tuesday, 29 July 2008
Arthur Porter, the publisher of weekly paper Crain’s Manchester Business, has revealed that the title’s online audience is growing at a rate of 25 per cent month on month. He also took the time to explain to How-Do why he believes the imminent move to subscriber-only content is the best way forward for the fledgling title and its website.
Arthur Porter, the publisher of weekly paper Crain's Manchester Business, has revealed that the title's online audience is growing at a rate of 25 per cent month on month. He also took the time to explain to How-Do why he believes the imminent move to subscriber-only content is the best way forward for the fledgling title and its website.

Porter sounded happy and relaxed with progress at the paper – a regular on How-Do since its launch back in December – and keen to talk about the momentum that appears to be gathering online.

“We’re now getting page views of over 125,000 a month and 35,000 unique visitors,” he said when speaking of www.crainsmanchesterbusiness.co.uk , adding, “all that from a standing start at the beginning of the year.”

He imparted that this currently translates to “a 25 per cent month on month” increase – a statistic Porter feels is largely due to the growing awareness of the title within the business community, not to mention its popular daily email updates.

On this point he disclosed: “We’re currently at the stage where we have 4,250 people a day getting emails from myself with the daily updates.”

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Porter: online changes
“We feel that that’s pretty impressive.”

However, in a move that some of those 4,250 devotees might find slightly less than impressive (if they’re not offline subscribers that is), Porter is set to change the on/offline formula from September onwards.

“At the moment we’re still offering the whole content of the paper online,” he stated, “but that’ll be changing in the course of the next six weeks or so.

“From that point onwards what appears in the paper will only be available to subscribers of the newspaper itself. In that way we aim to push more people to the paper as, after all, that is the main driver for the business.”

He continued: “The website will still be breaking news stories every day – there’s usually three or four there before 9am even – but the newspaper will be the source for stories that are not coming down the wires; news that’s come directly from our own 13-strong editorial team.

“In that way we think we can offer something different through the two channels – namely two services that combine to create a full service news offering to the business community.”

Porter added that commercially Crain’s Manchester is taking significant steps forward and has just signed Orbit Developments up to sponsor the daily email updates for a year from September.

“They’ve been great supporters of the paper,” he concluded, “and we're delighted to have them on board for a full year.”

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  Comments (10)
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 1 By Simon Wharton website, on 31-07-2008 06:31
I like the publication but I think this is a suicidal step. At a time when they should be embracing digital, they are in effect moving away from it. Why would I want to get an in depth analysis on a business story in a format that is less available, less instant, less current? It would make more sense to leverage the brand by generating more online engagement, leading to enhanced revenue opportunities. I hope I'm wrong but I suspect this is a pretty bad move for the future of the publication.
 2 By Agreed, on 30-07-2008 15:42
That's a pretty stupid move.
 3 By Gez Daring website, on 31-07-2008 06:30
This is a massive step. Backwards.  
 
I think it's a real shame as, like Simon I like Crain's. The sole purpose of an online magazine should be to get the arresting content out there. Even if they publish less online than in print it should be free and shared/scattered as far and wide as possible to build the brand. 
 
The major newspapers have reallised over the past couple of years that the online subscription model doesn't work. Now those who were slow to catch on are playing catch up to publications like The Guardian (sorry, theguardian).
 4 By Nigel Hughes website, on 31-07-2008 09:38
The bosses at Crains seem to be a self-confident bunch and the quality of their product means they've every reason to be bullish - but I'm sure they've over-estimated the demand this time. 
 
I've spoken to lots of people who admit to a sneaking admiration for the way the mag refused to compromise on ad rates, but this is different. 
 
Gez Daring has it right. At first, the major newspapers on both sides of the pond thought that paid-for content was the way to make money as an online publisher. They soon changed their minds though, having realised that the value of online communities diminishes when you restrict membership by charging in this way. 
 
I'm surprised at Crains because I suspect they know this full well. Maybe they have something else up their sleeve.
 5 By An In-Sider, on 01-08-2008 09:39
I must say it really makes me chuckle when Arthur pulls another one out of the bag that gets everybody up in arms !!  
 
While his competition are dropping rates dramtically is an attempt to compete and keep advertisers Arthur is standing firm and gaining (in your words) "admiration" and new long term contracts. 
 
I think we all can quite honestly say that Crains is a quality read and when clients of mine have won 4 new contracts on the back of just reading Crains and knowing what is happening in the market surely that is worth £69 of anybodies money that is serious about growing their business. 
 
On top of that I think we are all forgetting that CRAINS has been very successful for over 93 years in the States across 36 differnt titles and obviously know what is required to build a brand and subscriptions. This isnt a two-bit idea dreamed up on a post-it note pad at the side of the bed !!! Crains obviously have a business strategy and investment to back it up !!!! 
 
I think we are all missing something .... and I wish them huge success they have brough a publication into the region that is having an impact. Hat off to you Arthur !
 6 By Simon Cooke, on 01-08-2008 09:38
I’m a real fan of Crain’s paper – it’s got news and info that I’ve acted on and got new business.  
 
Has anyone else noted that the daily news stories are different to the stuff in the paper? Looking at what Porter has said above the breaking daily news stories will still be freely available online.  
 
My guess is that Crain’s strategy is not about online publishing. They are producing the best business newspaper we’ve ever had in Manchester and using the web to break daily news. Seems like a great format to me!
 7 By journo, on 01-08-2008 11:13
The good thing about Crain's is that the news is straight and comment is reflective unlike some magazines, including EN where the editor seemingly feels it necessary to be as rude, sacrcastic and bumptious as he can be. Well done Steve Brauner.
 8 By bishbashbosh, on 01-08-2008 11:14
interesting discussion and one at the heart of publishing today. 
 
only thing i'd add to the thoughts above is that beware confusing general newspaper free internet models with the niche business information kind. 
 
there are plenty of successful paid for subcription sites in the business and trade world from Infrastructure Journal (sold for £20m after ten years) to all the Reed stuff they want to keep whilst flogging the mags. 
 
is Crains general or niche business? Discuss. I'd say a bit of both but mainly the latter. And people will pay for that.
 9 By Woody, on 04-08-2008 23:04
Arthur Porter isn't daft, he'll know what he's doing. I really like Crains, news stories constantly appear on the website, the daily email bulletin is fantastic, much better than Insider.
 10 By Out-Sider, on 04-08-2008 23:10
Crain's is good, no question, but get it in perspective. It's simply the first time that the region has the intelligent business news read that it deserves. Insider was good although in these net days, I guess its format is looking tired. Indeed, ask around and you'll find that many people don't bother opening the plasi bag containing the largely advertorial Insider. 
 
Crain's commercially may yet require a few years to get there - if indeed it ever does...but no doubt it's streets ahead of the MEN, LDP, Insider and EN

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