Raleigh, NC (PRWEB) October 23, 2011
Contaks, a new social business network, has introduced a unique revenue sharing program that allows newspapers and magazines nationwide to monetize their advertising inventory.
“We are excited to introduce our Publisher Partner Program and look forward to having a nationwide newspaper consortium on Contaks.com,” said Bill Brown, founder of Contaks Corporation. “Our goal is to create another profitable revenue stream for local publishers.”
As part of Contaks’ hyper-local strategy, the Publisher Partner Program will place advertisements in newspapers and magazines nationwide. The advertisements will appear daily in print and online to maximize circulation. In exchange to the advertising, publisher partners will receive a share of all revenue generated by Contaks. This includes both subscription sales and also sponsorship revenue prorated based on each publication’s performance.
Contaks shares similar demographics with newspapers and magazines. Advertisements in the newspapers and magazines make it a great platform for Contaks to reach the critical mass necessary for to be successful. The Publisher Partner Program is a great way for newspapers to generate revenue from the growth of social media.
Contaks.com helps business professionals connect and communicate with colleagues, coworkers, and customers while local newspapers and magazines provide business professionals with news and valuable information to communities. Interested newspapers can learn more about joining the Contaks Publisher Partner Program at http://www.contaks.com/partner.