Driving Local Media Growth with AI Generated Content from Trusted Data Sources
Read how BizBudding’s turnkey revenue-split solution (60% to publisher after tech fees) creates hyper-local AI-generated content for real-estate news, weather alerts, and traffic alerts from trusted data sources.
What is AI-generated content?
AI-generated content is any form of text, image, audio, or video produced using artificial intelligence algorithms.
Generative AI algorithms are trained on massive datasets of existing content, enabling these AI systems to learn patterns, styles, and structures and produce content while attempting to replicate human-like creativity.
AI-generated content is useful in various applications from marketing and sales, content creation, SEO optimization, image and video creation, to software development and newsroom reporting.
The quality and originality of AI-generated content varies depending on the specific models, algorithms, and training data used by the AI tools.
Sources used for AI-generated content may not always be transparent or trusted and as a result, might have errors and inaccuracies, be misleading, or be just plain wrong.
AI Content Generators
AI content generators are software applications that use artificial intelligence to produce various forms of content, such as text, images, or audio. They leverage natural language processing and machine learning techniques to understand input prompts and generate relevant, engaging, and often human-like content.
AI content generators commonly used in publishing are SEO optimization tools that craft titles, meta descriptions, and keyword phrases to improve search engine rankings.
AI in the Newsroom
News organizations are no strangers to innovations with AI, and we can expect to see more as audiences warm up to the use of AI in the newsroom.
By embracing these innovative ideas, newsrooms have harnessed the power of AI (beyond the basic capabilities of chatgpt or openai) to not only improve their operations, but also to create new revenue streams, optimize workflows and new production, and to better serve their communities.
A few popular use cases of AI technologies in the newsroom include the following:
Personalized News Digests: Utilizing AI to curate personalized news feeds for individual readers based on their interests, preferences, and reading habits. This could increase reader engagement and potentially lead to higher subscription rates.
Automated Fact-Checking and Verification: AI can be used to automate fact-checking processes, saving journalists valuable time and resources. This can enhance the credibility and accuracy of news reporting. Real-time analysis of transcriptions can quickly identify misinformation.
Analytical Storytelling: AI can analyze large datasets and uncover patterns or trends that might be difficult for humans to identify. This can lead to unique, data-driven stories that provide valuable insights and summaries for readers.
Data-Driven News Reporting: AI can streamline the creation of repetitive content based on templated data. This can lead to news stories and insights, such as local home sales reported from MLS Data Feeds, that readers find interesting.
Social Media: News organizations leverage AI in various ways on social media to enhance their content creation, distribution, and audience engagement.
It’s important to note that the use of AI by news outlets is still evolving. Newsrooms continue to prioritize ethical considerations (ai ethics), transparency, and human oversight to ensure the responsible and beneficial use of AI in journalism. Using trusted data sources with AI-generated content makes this process simpler.
Benefits of Using Trusted Data Sources in Local News Media
AI content generators can produce huge volumes of content very quickly—and accurately if using data sources that have been vetted (for example when using the Multiple Listing Services that real estate professionals use to share information about properties for sale).
Trusted data sources have a high degree of reliability, accuracy, and credibility and can be confidently used for decision-making, summarizing, research, or other responsible ai purposes.
While AI content generators are gaining traction in various sectors, their adoption in news operations is still in its nascent stage.
Several tools, platforms, and large language models are emerging that are data-driven and cater to the specific needs of local newsrooms.
Wordsmith from Automated Insights: Focuses on data-driven storytelling, automatically generating news reports from structured data like sports scores, financial reports, or election results.
United Robots Content Products: Offers a suite of AI-powered tools designed for local news, including automated sports reporting, traffic updates, and real estate listings. Their solutions aim to streamline the production of repetitive content while maintaining journalistic standards.
AskNews: Provide human editorials boosted by AI-powered insights to minimize bias and build a transparent view of current events.
Publishers can get real benefits from these tools, including:
- Volume. The core value of automation is the ability to produce quality content that is granular and provides hyperlocal coverage (think top home sales in your community).
- Speed. Stories are written in seconds, published just as fast, and at the speed of transactional data (think of a home sale closing).
- Consistency: Data is transformed by natural language processing and templates to create consistent-looking transactional news.
Trusted data sources for AI-generated content, like those listed below, are crucial for ensuring the accuracy, reliability, and ethical use of AI-generated content.
- Data.gov
- Multiple Listing Services Data
- National Association of REALTORS® (NAR) Research
- National Weather Service
- U.S. Census Bureau
By prioritizing trusted data sources and evaluating them critically, we can enhance the quality and credibility of AI-generated content.
a turnkey solution named Mai Towne that provides real estate news, plus weather and traffic alerts. The content management system relies on WordPress and can run on a standalone domain like grandstrandlocal.com or on your own subdomain, such as my.yourdomain.com or homes.yourdomain.com.
Let’s Talk
Schedule a call with David to discuss generating revenue and engaging readers with hyper-local AI-generated real-estate, weather, and traffic content constructed from trusted data sources.
An Innovative Business Model for AI-Generated Content in Local Media
A combination of innovative business models, new digital platforms and partnerships, and AI-generated content derived from trusted data sources, pave the way for the growth of local news media.
Real Estate, Weather, and Traffic … And Much More
Readers find real estate news most compelling when it’s close to home. Hyper-local coverage is key, and to truly deliver relevant home sales news to every neighborhood, reporting on all sales is ideal.
This volume of articles is unachievable for traditional newsrooms, but AI-generated content offers a solution. It can produce a high volume of localized stories, each holding significant value for individual readers, even if the audience for each sale is small.
Aggregating this data allows for top lists and community insights that can drive wider traffic and engagement.
News on real estate transactions remains a popular and relevant topic, with a broad audience ranging from individual consumers to industry professionals and investors. The level of interest can fluctuate depending on economic conditions and market trends, but it consistently attracts significant attention from both traditional and digital media platforms.
Data from Google Trends shows that search interest in “real estate” and related terms remains consistently high, indicating strong public interest in real estate news.
A Turnkey, Low-Risk, Revenue Share Model
Getting started with AI-driven content for real estate news has never been easier.
The Mai Towne Platform
BizBudding provides a turnkey solution named Mai Towne that provides real estate news, plus weather and traffic alerts. The content management system relies on WordPress and can run on a standalone domain like grandstrandlocal.com or as a subdomain of your main domain name, such as my.yourdomain.com or homes.yourdomain.com.
Mai Towne includes a consent-management system to ensure that all US Privacy and GDPR requirements are met.
Multiple Revenue Generation Models for Publishers
Several models exist to generate revenue from the Mai Towne site.
Programmatic Display and Video Ads
Mai Towne utilizes the BizBudding Publisher Network and our Mai Publisher Plugin for delivery of display and video ads on the website. We have multiple agreements with demand partners to monetize the website inventory.
The screenshot below shows the mobile view of video ad monetization on an article covering the sale of a home.
Direct Sold Inventory
Publishers can, in agreed-upon display inventory locations, sell ads to their local community. Publishers retain 100% of this ad revenue. Mai Publisher easily connects to the publisher’s Google Ad Manager account to display these ads and automatically backfills the ad with programmatic inventory if a local ad does not exist.
Real Estate Agency Sponsorship
Publishers can create sponsorship opportunities with local estate agencies. We know one publisher who successfully sold a six-figure sponsorship on their website.
In the example below, a local real estate agent has a presence on the website encouraging readers to contact them with regards to buying or selling their home.
The Turnkey Rev Share Model
BizBudding provides all the infrastructure required to launch the Mai Towne platform, including hosting, WordPress updates, the ad-tech system and demand stack, real estate transaction and weather/traffic data sources, and consent management.
Publishers supply us with a domain name or subdomain to use and then link from their main website to the “homes” (or other name) subdomain.
At a high level, revenue is split 60% to the publisher and 40% to BizBudding after tech fees which include hosting fees, data source fees, Google AdManager Fees, and ad-stack fees. We provide full transparency on fees, too.