RPD: One the most significant change is the increase of media - print, radio, TV and now internet-digital - in the community which has led to slashing of ad prices and cut throat competition where only the brand-name publications really do well. While the over all market has increased five to ten fold with increase in population, the increase in media outlets have killed any growth and in fact in some cases its an over-served, over saturated media market .
RPD: I would say the days of MILK AND HONEY are gone as at one time these publications, especially the established ones were raking in a lot of money. Very good coin with the publishers taking home over $200,000 a year in salary and profits. The established ones are still doing well given they have agency and corporate accounts as well as community business. The new ones are not doing well. Many have been sued by printers for defaulting on payments. In fact, I think either your publication or Business in Vancouver have run lawsuit information about many of these defaulting publications. And the publishers simple bankrupt the company that owed and start a new company and find a new printer sometimes. For these new start-ups, its more like a self-created job or self-employment very small business - better than working for someone else.
RPD: We work with all corporate, agency, community and government ads. Yes the ad market has taken a big hit and continues to slide but what I mentioned earlier about too much media and too many organizations cutting each other is what is killing the print market in particular. But all media are suffering that way
RPD: RPD: One the most significant change is the increase of media - print, radio, TV and now internet-digital - in the community which has led to slashing of ad prices and cut throat competition where only the brand-name publications really do well. While the over all market has increased five to ten fold with increase in population, the increase in media outlets have killed any growth and in fact in some cases its an over-served, over saturated media market .
RPD: The competition is a problem, the saturation is a bigger problem and it is an advertising problem too as more and more businesses are using online platforms which cuts into all types of advertising. It's really hard to compete with the established media outlets in the community for advertising revenue, at least in the South Asian.
RPD: I personally think that Vancouver Desi is mostly a failure as they do get the traffic from the main Province paper but its not really seen by the community as a credible community publication or news outlet as it only exists online and is not printed and delivered to the community. So their success or failure is limited by their narrow scope. They may get some of the new generation with some content but overall minimum impact.
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