Is it now time to knell the death of the yellow pages?
Filed under: Entrepreneurship, Shopping
Back in July, I wrote a piece about the yellow pages for a series on things that are disappearing in America. That article brought a fair amount of criticism from industry insiders who said the business was thriving, and that if you include usage of online yellow pages, the business was actually growing. There were some business owners who said the yellow pages were vital to them. And there were plenty of us who said we have no use for the book (or the online yellow pages, for that matter).A recent article in the Wall Street Journal supports my theory that the yellow pages business is dying a slow and painful death. When it became clear that the Internet was capturing some of their former users, the publishers of the directories started creating online yellow pages. That helped some, but apparently not enough.
One analyst says that spending on advertising in the print and online versions of the yellow pages will fall over 6% next year. That's twice as much as the expected decline in television advertising. The spending in the printed directories is expected to fall 39% over the next four years. Ouch.
For those businesses that find the yellow pages invaluable, I encourage them to keep advertising there as long as it makes sense. Track your sales from the yellow pages so you know for sure if your investment is paying off.
For consumers who couldn't do without the yellow pages, keep using the book. But understand that as advertisers stop putting ads in the book, you might be missing out on products and services from very good businesses. I know that not everyone has access to the Internet, but for those that do, they'd do well to search online for their needs.
The fact remains that there is much more to be found about businesses on the Internet than a print or online phone directory can provide. I'd much rather use Google to find a business, knowing that I'm likely to find more than just the phone number and address. I'll probably get a map to the business, a link to its site so I can find out more before calling, maybe some reviews of the company, and other bits of information on the company. Why would I ever go back to the yellow pages, either in hard copy or online?
Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.



Reader Comments (Page 1 of 1)
11-18-2008 @ 5:01PM
Caterina Pryde said...
I like the books very much, it's simple to find what I need. The online directories are no where near as helpful. They often list national chains first, even though the chain isn't anywhere near the city I'm looking in. The chain listings can go on for a few pages. There are many more errors in the online listings. They don't include the details on the services provided that I see in the yellow pages, they don't refer me to other categories, and I frequently find they don't update. The paper directory checks every year to make sure the client is still in business with the same number and location. Flat out, the paper directory is better.
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11-18-2008 @ 8:51PM
al patch said...
I have been bemoaning the existence of that door stop for years, and not only for the waste of paper, but for thier annoying business promotions in the mail.The ones that arrive as a bill, as if you ordered the service, the annoying phone calls to business owners that interupt an otherwise wonderfull day. Some future diggers will find these dinosaur bones and marvel at the yellow tint and flattened anatomy, and wonder how it ever survived in the first place.
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11-18-2008 @ 9:43PM
Ashley said...
Just an FYI. Those "bills" that you get online are in no way related to the Yellow Pages that you use daily. They are some small company somewhere that prints 1 or more directories that goes to a certain group of people. The phone directory that is delivered to your door is still getting a ton of phone calls and delivering a great ROI for those that advertise. Yes the internet is the wave of the future, but what do you do when you don't have a computer or internet service? How about an emergency? Are you going to turn on your computer to find the phone number for a vet if your dog just got hit by a car? Probably not. My advice, you should keep one directory close by at all times both in the car and at home. You just never know when it will come in handy. As long as they continue to print yellow pages, there will be advertisers that can provide services to you when you have a need to use them. If you are a business owner, most yellow pages will put a special number in your ad to track your advertising. Give it a try, you will be pleasantly surprised at the results (unless you do underwater basket weaving, then you might want to try internet advertising instead.)
11-19-2008 @ 10:39AM
Michael said...
Ashley/Jenny> you wouldn't, by chance, happen to work for yellowbook? Those are some pretty familiar talking points.
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11-21-2008 @ 8:05AM
Old Yeller said...
Michael,
Why would you ask if Jenny works at yellow pages and not have us presume that you and Patch work for yelp or yellowpages.com or one of the myriad other online directories which don't have a print directory to publish? Even the supercilious tone of the the author belies a subtle animosity toward the yellow page directories. We had high winds and severe power outages late last summer. How do you think people contacted the businesses they needed at that time?
Someday we'll all be wearing some kind of directory on a watch fob, but today, with only 50% of the nation's homes having a computer, and an even smaller fraction of those with reliable, high speed internet connections, the yellowpages isn't going away for quite some time. I wouldn't recommend that anyone rely on it as their only source of promotion, but the advertisers who maintain a presence there will capture more business than those who do not, much more cheaply, too I might add.
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11-20-2008 @ 10:35AM
Michael J. Van Dyke said...
A long, long time ago...
I can still remember
How that music used to make me smile.
And I knew if I had my chance
That I could make those people dance
And, maybe, they�d be happy for a while.
But february made me shiver
With every paper I�d deliver.
Bad news on the doorstep;
I couldn�t take one more step.
I can�t remember if I cried
When I read about his widowed bride,
But something touched me deep inside
The day the music died.
So bye-bye, miss american pie.
Drove my chevy to the levee,
But the levee was dry.
And them good old boys were drinkin� whiskey and rye
Singin�, "this�ll be the day that I die.
"this�ll be the day that I die."
Did you write the book of love,
And do you have faith in God above,
If the Bible tells you so?
Do you believe in rock �n roll,
Can music save your mortal soul,
And can you teach me how to dance real slow?
Well, I know that you�re in love with him
`cause I saw you dancin� in the gym.
You both kicked off your shoes.
Man, I dig those rhythm and blues.
I was a lonely teenage broncin� buck
With a pink carnation and a pickup truck,
But I knew I was out of luck
The day the music died.
I started singin�,
"bye-bye, miss american pie."
Drove my chevy to the levee,
But the levee was dry.
Them good old boys were drinkin� whiskey and rye
And singin�, "this�ll be the day that I die.
"this�ll be the day that I die."
Now for ten years we�ve been on our own
And moss grows fat on a rollin� stone,
But that�s not how it used to be.
When the jester sang for the king and queen,
In a coat he borrowed from james dean
And a voice that came from you and me,
Oh, and while the king was looking down,
The jester stole his thorny crown.
The courtroom was adjourned;
No verdict was returned.
And while lennon read a book of marx,
The quartet practiced in the park,
And we sang dirges in the dark
The day the music died.
We were singing,
"bye-bye, miss american pie."
Drove my chevy to the levee,
But the levee was dry.
Them good old boys were drinkin� whiskey and rye
And singin�, "this�ll be the day that I die.
"this�ll be the day that I die."
Helter skelter in a summer swelter.
The birds flew off with a fallout shelter,
Eight miles high and falling fast.
It landed foul on the grass.
The players tried for a forward pass,
With the jester on the sidelines in a cast.
Now the half-time air was sweet perfume
While the sergeants played a marching tune.
We all got up to dance,
Oh, but we never got the chance!
`cause the players tried to take the field;
The marching band refused to yield.
Do you recall what was revealed
The day the music died?
We started singing,
"bye-bye, miss american pie."
Drove my chevy to the levee,
But the levee was dry.
Them good old boys were drinkin� whiskey and rye
And singin�, "this�ll be the day that I die.
"this�ll be the day that I die."
Oh, and there we were all in one place,
A generation lost in space
With no time left to start again.
So come on: jack be nimble, jack be quick!
Jack flash sat on a candlestick
Cause fire is the devil�s only friend.
Oh, and as I watched him on the stage
My hands were clenched in fists of rage.
No angel born in hell
Could break that satan�s spell.
And as the flames climbed high into the night
To light the sacrificial rite,
I saw satan laughing with delight
The day the music died
He was singing,
"bye-bye, miss american pie."
Drove my chevy to the levee,
But the levee was dry.
Them good old boys were drinkin� whiskey and rye
And singin�, "this�ll be the day that I die.
"this�ll be the day that I die."
I met a girl who sang the blues
And I asked her for some happy news,
But she just smiled and turned away.
I went down to the sacred store
Where I�d heard the music years before,
But the man there said the music wouldn�t play.
And in the streets: the children screamed,
The lovers cried, and the poets dreamed.
But not a word was spoken;
The church bells all were broken.
And the three men I admire most:
The father, son, and the holy ghost,
They caught the last train for the coast
The day the music died.
And they were singing,
"bye-bye, miss american pie."
Drove my chevy to the levee,
But the levee was dry.
And them good old boys were drinkin� whiskey and rye
Singin�, "this�ll be the day that I die.
"this�ll be the day that I die."
They were singing,
"bye-bye, miss american pie."
Drove my chevy to the levee,
But the levee was dry.
Them good old boys were drinkin� whiskey and rye
Singin�, "this�ll be the day that I die."
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11-20-2008 @ 12:53PM
Chris Silver Smith said...
I think Tracy's overall articles are a fairly accurate assessment of the trend: usage of print yellow pages is declining. As for online yellow pages, a number of those have been seeing growth or continued significant usage.
Tracy does state one inaccuracy when saying, "When it became clear that the Internet was capturing some of thei former users, the publishers of the directories started creating online yellow pages."
No, no! I worked for one of the top major online yellow pages, Superpages.com, beginning in about 1997, and I can say with certainty that a number of these sites were founded well before anyone in the YP industry considered the Internet to be a competitive threat. They started online efforts up speculatively as a new and potentially valuable distribution option that later became increasingly a necessity for continued competitiveness and growth. You don't have to believe me -- just go to the Wayback Machine which archives much of the past internet and you can see that these online yellow pages were doing business well before the print yellow pages industry had any sorts of decline in usage or profits.
While I like my old yellow pages company, I'm also a member of the user demographic that no longer uses print YP directories. But, back when we started up doing business directories on the internet, I don't think any of us ever thought that it would eventually eclipse the offline print directories. Back then, I couldn't imagine throwing away my yellow pages books. These days, I never open them in a year.
Of course, back at the beginning most of us were on dial-up, and thumbing through a printed book was faster than trying to search for info on the Internet. These days, the opposite is really true.
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11-21-2008 @ 7:34AM
Dave Ingram said...
Here, here Tracey. Wasnt it Darwin that said it is not just the strongest and fittest that survive, but those able to adapt. Did anyone get the blanket letter from the YPA that was attempting to rally support for YP against the WSJ article???
Its SO ridiculous that I could almost not believe that they wrote it AND sent it out.
Here's one actual quote from the YPA letter:
"Key Take-Aways: We must never lose sight of the fact that most reporters in this space are young, fresh grads from Gen Y or the Millennial generation. In order to resonate, we must speak their language and challenge their assumptions."
Wow, is that an admission that the traditional industry execs are out of touch!!!
Definately the reaction of an industry on the ropes.
Dave[at]brownbook.net
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1-22-2009 @ 2:32PM
Jack Bauer said...
I worked for the L.A. premise divison (PBD / SBC / AT&T) for 12 years.
Not having read the WSJ article, I'm in agreement with them.
If you can read a quarterly earnings statement for AT&T, RHD, IAR, et al, you don't need to listen to employees, YP advertisers, or YPPA.
A 6% decline is a VERY conservative & kind. I personally know the advertising losses that sales reps are taking when trying to renew their accounts.
In fact, some of the current yellow page "book objectives" are negative!!!
I would bet "the farm" the YP print & electronic industry will be closer to double-digit losses.
But for the grace of God (err, Ed Whitacre / Randall Stephenson) AT&T Advertising & Publishing employees ought to be counting their blessings that they were never spun off like Idearc. They would have suffered the same fate as Idearc.
However, let's not end on a bummer note...
The future is Permission Based Marketing (in my humble opinion - thanks Seth Godin).
Stay alert & be strong!
Jack Bauer
CTU-Los Angeles
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