Over 10,000 Ads in Newspaper Across India through Reachwide.com!

Reachwide has crossed the ‘10 thousand ads in newspaper’ mark. A significant contribution of it comes from our repeat advertisers from small to medium size businesses domain. We have advertisers from all major cities of India including Mumbai, Delhi, Bangalore, Chandigarh, Chennai, Pune, Hyderabad, Kolkata, Jaipur and from US and UK.

Reachwide.com operates in SME and personal advertising space enabling advertisers to place advertisements in newspapers across the country. We have online and tele-assisted booking channels. For your newspaper advertising needs visit us online or give us a call at (020) 4128 1069.

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Scaling-up Your Profit Making Web Startup

There are several reasons why web startups fail. Most of them have a neat idea that can revolutionize how people use information, communicate or act; but a great percentage of them fail because they do not have a revenue model. Some of them fail because they have a cooked up revenue model which doesn’t fly when it is practically put into the market. Now a very few have a sound revenue model but some still fail because they can’t scale up to a level where profits can drive the growth. If you are a profit making web startup then there are certain things you can do to not fall into the scalability trap.

We recently had a visit from an investor from London and during one of the discussions the scalability topic came up. Following is what eventually came out as a roadmap for a web startup with sound revenue model looking to scale up.

Automation: An early stage startup has holes in the automation workflow which are processed manually thinking since they can be automated they will be filled one day. Well if you are planning to scale up now then today is the day to fix those holes. There may be holes anywhere from your supply chain to your core value configuration. Your workflow has to be self-running with ability to support massive traffic and without requiring any sort of manual support from end to end.

Networking: Just like people businesses also thrive when there is a support system around them. So network your business. Network with vendors, brokers, dealers, solution providers in your domain and even with businesses you are going to disrupt. Help others in your domain to improve their bottom lines with your solution. This will not only improve penetration of your solution in the market but will also provide alternative revenue streams that you never planned for.

Deliver Satisfaction: Now we all know it is cheaper to retain a customer then to acquire one. Most of the SME businesses in India actually just survive with repeat customers and therefore save huge on marketing efforts. So make sure that your customers feel that they are served well so that you get repeat business from them. If you put this in your company’s mission right at the foundation stage then it will help you in long run. Your margins will be bigger than your competitor’s because you will be marketing less. Think about how much Apple advertises and its repeat customer base.

If you start with these three from the day one then it will be unlikely that you won’t be able to scale up your company. Thoughts welcome.

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Reachwide turns profitable with 15% profit margin!

It gives great pleasure to announce that Reachwide has turned profitable this month. It has been 13 months since our first launch of private beta, and 6 months since complete release with top English newspapers. The profitability has come through increased sales of our core service month over month. With this milestone achieved we look forward to deliver service expansion that we have planned for quite some time now.

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How Reachwide is Helping SMEs: A Case Study

Mr. Anil Nahar works for a Builder based in Pune and looks after the advertising for their projects. He used to advertise exclusively with Times of India when he discovered Reachwide.com through a web search and decided to give it a shot. He was pleased to find comparative data on various publishers and their attractive offers all at one place. After careful analysis, he decided to split his advertising budget between Times of India, Maharashtra Times and Indian Express.

When we contacted Mr. Nahar for his feedback he mentioned he was very happy with the convenience and the range that we offered!

Reachwide is dedicated to increase advertising options and simplify the process for consumer and SME segments. We are obsessed with ‘advertising’ and it gives us pleasure when advertisers benefit with our services. Stay tuned for more advertising possibilities for you with Reachwide!

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Continuous Growth Brings Us Closer to Being Profitable

We are moving closer to breaking even while constantly serving print advertisers with new features. This month we recorded 60% jump in sales which brings us up close to turning positive. Our current costs include team salary, marketing cost, tele-assistance cost, ad designing cost, ad booking cost and post sales support cost. Since our sales operations are already positive, from here on we can look forward to expanding our sales operations with minimum risk.

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Making Your ad Look Good in Newspaper

A lot of our subscribers complain about dull colors of their ads in newspaper. The design looks great on computer screen and on sample print printed with office desktop printer, but looks completely washed off in newspaper. This happens because newspaper print has following characteristics:

a) Newspaper have very low print resolution. Your desktop printer prints at 300+ DPI resolution, but newspapers roughly print at 100 DPI resolution. So while your print may show very clear image the newspaper print won’t be able to match it.

b) Newspaper printing has 20%+ dot gain. Which means basically that when you put a dot of ink on the paper used for printing newspapers, the ink of that dot expands to take at least 20% extra space from neighboring dots.

c) Finally, newspapers use halftone printing with CMYK inks to generate mixed colors. So if the desired mixed color has almost equal ratio of CMYK then there are not be enough dots in low resolution printing to reproduce the desired color.

So what can be done? Follow these three simple rules:

1) First, of course use high contrast in your designs because low newspaper print quality will mix the low contrast boundaries.

2) Design your ads using CMYK colorspace and not RGB. RGB colors do not translate same(visually) to CMYK. Since newspapers use CMYK inks to print, using CMYK in your designs will have best changes to match your design in print.

3) When using mixed colors keep one of the CMYK component towards 100%. This helps in reducing the colors mismatch due to low resolution halftoning.

If you still have problems, call us for assistance with your designs!

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Reachwide.com is now a BizSpark Start-up

We are pleased to announce that Reachwide.com is now a member of Microsoft BizSpark community. The membership allows us to:

1) have express access to Microsoft tools and technologies, for immediate use in design, development, testing, demonstration, and hosted application production and deployment, all free of any cost;
2) connect with Network Partners and a united, global community of support resources.

The membership is free for start-ups to join and is valid for 2-3 years. All you need for your start-up is to find a sponsoring network partner. Find more about the program at: http://www.microsoft.com/BizSpark/

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Picth-Madison Media Ad Study: Degrowth & Bounce Back

Released a few weeks back the study revels how Indian ad industry degrew from Rs. 20,717 Cr in 2008 to Rs. 18,670 Cr in 2009, a full 10% drop!. The study suggests a positive trend in 2010 and projects a 13% growth for the industry to reach Rs. 21,145 Cr this year. If this happens then it will be a V-Shaped recovery for the Indian ad industry which registered 17% growth in 2008 over 2007. Here is the media-wise break-up for 2009

Source: Pitch-Madison Media Ad Outlook 2010

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2.5X Revenue Growth with Display Classifieds and Taming the Final Frontier with Display Ads

Reachwide.com is pleased to report 2.5 times revenue growth with the introduction of Display Classifieds. We are now planning some polished features for Display Classifieds to be added next month and some more payment options for our big-ticket advertisers.

Next will be the release of Display Ads to complete the online print ad booking offer for all type of advertisers. We have been working hard to come up with a very simple workflow to book Display ads. Unlike the two type of Classifieds, Display ads require many more options like page number selection and completely different treatment with multiple insertion schemes. We hope to provide a convenient way for our Display advertisers to book their ads in print media. Stay tuned for the release announcements.

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Welcome 2010! May We Grow and Rise like Never Before

There is hope and directed efforts everywhere to recover from the economic slowdown and grow in 2010. May we all get stronger to be not swayed by greed and materialism again that created the Internet, Housing and Financial bubbles. India showed caution and 2009 proved that India is more stable than we once believed. Sooner or later, there will be high growth times again. May we Indians focus on achieving excellence in our area of work, and this time may India shine like a superstar!

Wishing you Happiness and Prosperity in 2010 and years to come!

Best Regards,
Reachwide.com Team

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