Site icon Andrea Wahbe

Small business: the next frontier for Canadian digital media companies

Over the past year, I’ve noticed an influx of Canadian digital media companies creating programs geared towards small to medium-sized business (SMBs). Thisseedlings growing is definitely a sign that the Canadian digital media industry is maturing. As a result, media companies are starting to make a play for small business customers to try to increase their revenue opportunities.

Here are just some of the Canadian businesses that have announced programs to cater to SMBs:

ShinyAds
This Toronto-based startup was created because small businesses are often ignored by large Canadian digital media companies. This is because large media companies usually have a minimum spend requirement before they can service a client. This usually involves an advertising spend that very few SMBs can afford. The reason for the minimum spend requirement is that it would actually cost the media company more to manage a small ad campaign, based on man hours and ad trafficking costs, than the campaign is actually worth.

So, ShinyAds created a sell-service platform that enables small businesses to manage their own ad campaigns on websites that would have otherwise ignored them. This works out well both for the media companies and the SMBs.

Google Canada
Google has always offered a self-service platform for small businesses. However, the bigger challenge that they have faced is that more than half of Canadian small businesses do not currently have a website.

Yellow Pages Group
The Yellow Pages Group (YPG) has always catered to small businesses with their listing services. However, they are now making a big play to compete with the likes of Google and other major players like Olive Media to compete in the digital marketing space. YPG’s launch of Mediative last fall is a confirmation of that strategy.

If you know of other Canadian digital media companies that are creating programs to cater to small business, let me know and I’d be happy to profile them.

Image source: iStockPhoto.com

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