Cox Auto Trader Makes Strategic Moves to Improve Online Automotive Advertising Business
- Websites, SEO, SEM, Display, Social, Marketing
- 251 Replies
Dear Appreciative:
COX was a 50% owner/partner in Trader Publishing Company since April 1991, with Landmark being the other 50% partner/owner. The partnership was quite financially productive to the owners under the inspired and visionary leadership of Conrad Hall and the senior executive team that paved the way to a very successful branded stable of publications as a result of carefully thought-out and deliberate strategies that were spot on with the times. Not too many companies can boast the double-digit gains in revenues and profits that were enjoyed during the next 15 years, especially from a point of where the internet evolved from relative obscurity to what it has become today.
I believe that the point that many ex-communicates are making on the blogs out there is that COX embraced their new ownership of the agreed-upon entitlements very generously at first but then quickly changed that environment into one of disconnect and obfuscation of facts and strategies.
When an associate of mine scribbled "The beatings will continue until morale improves" on the sales board in the office, it was simply an innocent attempt at humor, but also and unfortunately vibrant foreshadowing of the unpleasant times ahead.
By the way, Morale improved, but the beatings continued, all the way to the very end.
I think that most employees will agree that they would have much rather known the truth early on so they could go out and get better jobs that came up, rather than pass them up based on false hopes that things would get lean, but at least continue on.
It's all speculation at some point, but the reality is that alot of employees were left out in the cold with nowhere to go and now their non-competes are being waved in their faces as they simply try to survive in this new world, doing what they know best.
I agree with some of the posts earlier on, and that is to let the people go out and work, create jobs [even as competitors] and try to eek out an existence. If COX stands behind their declaration that print is in fact dead, then it really does not matter, because any competitive print startup will fail miserably, right? And, those failures will further reinforce the story they tell... right?
Just a couple thoughts.
COX was a 50% owner/partner in Trader Publishing Company since April 1991, with Landmark being the other 50% partner/owner. The partnership was quite financially productive to the owners under the inspired and visionary leadership of Conrad Hall and the senior executive team that paved the way to a very successful branded stable of publications as a result of carefully thought-out and deliberate strategies that were spot on with the times. Not too many companies can boast the double-digit gains in revenues and profits that were enjoyed during the next 15 years, especially from a point of where the internet evolved from relative obscurity to what it has become today.
I believe that the point that many ex-communicates are making on the blogs out there is that COX embraced their new ownership of the agreed-upon entitlements very generously at first but then quickly changed that environment into one of disconnect and obfuscation of facts and strategies.
When an associate of mine scribbled "The beatings will continue until morale improves" on the sales board in the office, it was simply an innocent attempt at humor, but also and unfortunately vibrant foreshadowing of the unpleasant times ahead.
By the way, Morale improved, but the beatings continued, all the way to the very end.
I think that most employees will agree that they would have much rather known the truth early on so they could go out and get better jobs that came up, rather than pass them up based on false hopes that things would get lean, but at least continue on.
It's all speculation at some point, but the reality is that alot of employees were left out in the cold with nowhere to go and now their non-competes are being waved in their faces as they simply try to survive in this new world, doing what they know best.
I agree with some of the posts earlier on, and that is to let the people go out and work, create jobs [even as competitors] and try to eek out an existence. If COX stands behind their declaration that print is in fact dead, then it really does not matter, because any competitive print startup will fail miserably, right? And, those failures will further reinforce the story they tell... right?
Just a couple thoughts.