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LM Foundation 2014 Innovation Mission

The 2014 Innovation Mission, sponsored by the Local Media Foundation, will include visits to a fascinating mix of technology and media companies.

Week-long study tour includes visits to New York and Silicon Valley.Innovation Mission

Attendance is limited to first 24 that register.

The 5th Annual Local Media Innovation Mission will take place June 1 - 6.

The focus will be on e-commerce, content strategies, social media, disruptive innovation, and more.

Attendees will cross the country this year with stops in New York City, San Francisco, Mountain View, and San Jose.

Visits to LinkedIn and eBay headline a long list of impressive companies that have agreed to host the IM participants this year.

DOWNLOAD THE AGENDA

Who Should Attend

The Innovation Mission is ideal for senior-level media executives including CEO’s, owners, publishers, top digital advertising executives and corporate executives.

Digital Immersion: Attendees are encouraged to tweet, blog and share their top takeaways throughout the week.

Dates:

June 1 - 6, 2014

Registration Fee:

$4,495 / person*
$1,750 / spouse or guest*
A deposit of $1,500 per person is due upfront to reserve a spot. This amount is non-refundable as we will book air and hotel early to secure the best rates. Final payment is due on May 1, 2014.

Hear from last year's participants


Visit Innovative Companies


Attendance is limited to first 24 that register. 

 

2013 Innovation Mission Report

High Six-Figure Takeaways from the Innovation Mission

Read the blog that Peter Krasilovsky, VP, BIA/Kelsey posted about our 2013 Innovation Mission report. Krasilovsky writes, "I personally learned a lot about native advertising, digital ad agencies and Twitter ad products. In fact, the report is a field guide to the key things that small publishers (and in fact, everyone) should be thinking about in terms of their digital and mobile transition." READ MORE >>

SPECIAL OFFER: GET THE INNOVATION MISSION REPORT FOR JUST $99!


"This year it was exciting and inspiring to see all 
the new business 
models emerging,
but what 
really made the trip worthwhile, was the five- and 
six-figure revenue opportunities that were
actionable 
that I saw."
Ben Shaw, Chief Digital Officer, Shaw Media


"I attended the 2011 and 2013 LMIA Innovation Missions which included visits to some of the world's most innovative media and technology companies.The projects implemented as a result of these study tours have resulted in a six-figure ROI to Truth Publishing Company."
Brandon Erlacher, Publisher, The Elkhart Truth

Hear For
Yourself From the Participants!

 

 

 

The 2013 Innovation Mission report covers the top takeaways from the recent six-day study tour that included visits with Facebook, Twitter,Google, Plug and Play Tech Center, The McClatchy Company, The Denver Post, AdTaxi, San Francisco Chronicle, Emmis Radio and more.

"It is 45 pages filled with great information," said Nancy Lane, President of Local Media Association and the Local Media Foundation, and co-author of the report, "Most of the attendees are predicting an ROI in the high six-figures and even seven-figures as a result of attending this study tour. We tried to capture the greatest opportunities for local media companies in the report. It is truly a must-read for top executives in the industry. And for the price of one copy, you can share it with your entire team."

The report focuses on those takeaways with the greatest ROI potential for readers of the report:

  • Hot topics include:
  • Native Advertising
  • How to Develop a Culture of Innovation
  • Expanding Digital Agency Services
  • SMB Commerce Could be the Next 'Big' Opportunity
  • Social Represents a Serious Revenue Stream
  • Cause Marketing - A Huge Opportunity
  • It's Audience Development; Not Circulation!
  • And Much More!

 

Included in your purchase is a copy of the 2012 report which details how to increase revenue using Google Surveys.

West Coast Innovation Mission Report
West Coast Innovation Mission 2012

The long-awaited report is now available - order your copy today!

Twenty senior level executives spent a week on the road in late May in search of innovation and inspiration. The group was most interested in revenue growth, sustainable business models, creating a culture of innovation and digital growth strategies. The six-day tour included ten meetings with a wide variety of technology and media companies including a full day visit at Google's world headquarters.

The key takeaways from this tour are at the subject of a 30+ page report that also includes some of the action plans that are being implemented by the IM attendees.

"This report is a must-read for anyone charged with innovation at their company", said Nancy Lane, president of Local Media Association and author of the report. "We were inspired by so many during the week-long tour. There should be at least one major idea, inspiration or action plan that develops as a result of reading this report."

Released: August 2012

Formats Available: Electronic Version

Report Value: $359.00

Order Now Icon

Cost: $359.00

To Order Online: Click on the Order Now Button on the right.

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North American Innovation Mission
North American Innovation Mission 2011

The SNA Foundation hosted a North American Innovation Mission May 1-6, 2011. The group traveled to visit some of the most innovative media companies in the U.S. and Canada with a specific focus on new/sustainable business models, revenue growth, digital-first strategies and new content strategies.

This tour made stops in Salt Lake City (Deseret Publishing Company and Deseret Digital), Boston/New England (MIT’s Center for Future Civic Media and Journal Register Company’s new open community newsroom in Torrington, CT) and Toronto (Metroland Media/Torstar Corporation – huge commitment to digital innovation).

Released: May 2011

Formats Available: Printed Copy; Electronic Version

Report Value: $350.00

Cost:

Order Now Icon
  • Non-SNA Members: $350 (printed copy or electronic version)
  • SNA members: $129 for printed copy; $179 for electronic version

To Order Online: Cick on the Order Now Button on the right.
To Print and Fax an Order: Click here.

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Photo Gallery

Innovation Mission attendees are now back on their home turf, implementing new ideas they picked up during the week long study trip. Many were so inspired by what they saw in Salt Lake City, Boston, Connecticut, and Toronto, they are now planning dramatic changes at their companies.

Click through to our Facebook photo album to share in the visual experience.

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Great Ideas / Articles of Interest
Stay informed, discover a new trend or find out what excellent programs your colleagues and the SNA Foundation are putting to good use. Our web articles lend excellent ideas for your organization. Read on to discover what initiatives could work for you!
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Daily Report: SNA Foundation's North American Innovation Mission

SNA President Nancy Lane will provide daily reports from the road while traveling with the Innovation Mission. Eighteen community media executives are taking part in this week-long study to visit with some of the most innovative media houses in North America. The group is focusing on new business models and emerging content strategies.

Tuesday Report - Creating the Digital Agency, Pay Walls, ROI-based Advertising and More

The digital agency initiative has become a core pillar of the Dow Jones Local Media Group. Senior Vice President of Digital Media and Product Management Kurt Lozier met with Innovation Mission attendees in Boston over dinner on Tuesday night.

Kurt Lozier and Terry Kukle photo
Kurt Lozier, Senior Vice President of Digital Media and Product Management at Dow Jones Local Media Group, talks with Innovation Mission participant Terry Kukle, VP of Business Development at Metroland Media Group.

The agency approach was developed after using Borrell Compass reports as well as other research to determine that 67% of local digital dollars are going to promotions and infrastructure (development of web site, social media, pay-per-click, etc.) They want to go after those dollars; they want to be the trusted consultant.

The sales reps don't sell this. They leverage their great relationships to get appointments and bring in a "sales engineer" (via conference call or in-person). They target $500/month and higher ($500 gets you a simple pay-per-click program). $4,000/month is closer to the average sale for the digital agency.

On the social media side, they offer three core packages: Be Found (listing update), Be Social (professional set-up of social media pages), and Be Interactive (outsourced management/ hosting). Revenue from the digital agency now equals digital display and will soon surpass it. (Note: Lozier will be discussing their agency approach in our upcoming webinar, Become the Local Ad Agency – The Big Picture Approach to Servicing Your Clients, on May 12 at 3:00 pm Eastern Time. To register for the webinar, free to members, click here.)

Lozier also shared tremendous detail about their company-wide pay wall strategy (to be covered in the comprehensive industry report).

Jay Fogarty and Stephen McHaney photo
Jay Fogarty, Vice President of New Revenue Platforms for GateHouse Media, Inc., with Innovation Mission participant Stephen McHaney, Co-Publisher/VP, Victoria Advocate.

Jay Fogarty, Vice President of New Revenue Platforms for GateHouse Media, Inc., also joined attendees at the working dinner. Fogarty shared early results of an ROI-based advertising experiment involving 80 different pilots.

He also wowed attendees with the deals revenue coming out of one of their smaller markets (involving non-daily products). This market is bringing in $40,000/month in deals revenue. All of Jay's information will also be shared in the industry report to be issued in the coming weeks.


Next up: Day with Journal Register Company Executives/Open Community Newsroom in Torrington, CT.


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