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Drillbit's
Relationship Publishing triangle. |
Detroit
Metro Times' award winning web development team forms new
company to serve alternative publishers
by
the Drillbit Staff 1/10/01
DETROIT,
MI -
The Metro Times, Detroit's leading alternative newspaper,
has spun-off its award-winning Web effort to form Drillbit(TM).
Lead
by Detroit native and MIT graduate Tom
Woodman, the new company will help newspaper publishers
create successful business models online. "It no longer makes
good business sense to just post a newspaper online and sell
banner ads," says Woodman. Instead, the organization is built
on the premise of Relationship
Publishing(TM) — a strategy that improves their
ability to communicate with both
readers and advertisers.
"Relationship
Publishing holds readers attention by truly leveraging the
two-way nature of the Web," says Woodman, who previously managed
Web development for The Metro Times. Such a strategy enabled
metrotimes.com
— which now boasts a family of community-built arts and entertainment
guides — to increase Web traffic by over 300%. Notes Woodman,
"Our metrotimes.com experience proved that community-driven
content maximizes publishers' greatest asset: their readers."
According
to Woodman, Relationship Publishing will also enable publishers
to meet the evolving needs of advertisers. "Distinct, lifestyle
communities offer overwhelming benefits to advertisers too,"
says Woodman. "Advertisers will finally be able to reach the
right readers... the ones who actually care about their products."
In the future, the company plans to offer unique targeted
advertising tools.
Drillbit's
current client base includes The Metro Times, Chicago-based
New
City Communications, Baltimore's City Paper, The San Antonio
Current and San Jose-based Metro Newspapers.
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