Singapore, 8 December 2010 – The Classified Advertisements Sales Hub (or CASH for short), the result of three years of effort by a multi-functional, cross-divisional team at Singapore Press Holdings (SPH), was officially launched by Dr Tony Tan, Chairman of SPH this morning.
As part of the launch event, Dr Tan went through a simulated process of booking an advertisement using the new system, and was led on a guided tour through the CATS call centre to get a better perspective of the entire work system.
Dr Tan said: "To address rising customer expectations and growing ad volume, a new and more powerful system was needed. The fact that we invested so much time and effort into this new system shows our commitment to our clients. We will continue to innovate and improve so as to constantly provide top-notch service and products to our customers."
Developed at a cost of $18 million, CASH overcomes many limitations of its 26-year-old predecessor. While the old system operated in a character-based environment, CASH is windows-based, which means it is intuitive and easier to use. Also, CATS previously needed two separate systems to handle ads in different languages – one for Chinese ads, and another for English and Malay ads. CASH, however, is equipped to handle all types of advertisements.
System rationalisation coupled with a more intuitive user-interface means greater efficiency and shorter training time. New CATS staff can now get up to speed and become fully functional in a shorter time. Following its introduction on 1 September 2010, the CATS staff took only two weeks to fully adapt to the new system and bring its operations up to speed.
Elsie Chua, Executive Vice President, CATS Classified, Marketing Division, said: "While advertisers were once satisfied with simple run-on ads consisting of only a few lines of text, many now value and buy into creative options with colour logos, special layouts and premium positions. This new system will enable us to better serve their needs and value-add in the process.”
From 13 to 31 December 2010, advertisers only need to pay $18 per line (U.P. $30.10 per line) when they place run-on advertisements for publication across all CATS Classified sections (made possible by the sophistication of the new CASH system) in The Straits Times, Lianhe Zaobao, Shin Min Daily, Lianhe Wanbao and Berita Harian on the same date.
Issued by Singapore Press Holdings Ltd
Co. Regn. No. 198402868E
For more information, please contact:
Diana Lee (Ms)
Assistant Vice President
Advertising & Promotions
Singapore Press Holdings
Tel: 6319 5978
Adrian Cheong (Mr)
Singapore Press Holdings Ltd
DID : 6319 2261
Email : email@example.com
Gary Yeo (Mr)
Singapore Press Holdings Limited
DID: 6319 1225
About CATS Classified
CATS Classified is part of the Marketing Division of Singapore Press Holdings Limited. It offers the most comprehensive marketplace for products, services and employment through CATS Classified in The Straits Times, Lianhe Zaobao, Lianhe Wanbao, Shin Min Daily News, CATS Klassified in Berita Harian & CATS Fastads in The New Paper.
About Singapore Press Holdings Ltd
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) celebrated its 25th anniversary in 2009. It is Southeast Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms.
Newspapers and Magazines
In Singapore, SPH publishes 17 newspaper titles in four languages. Every day, 3 million individuals or 77 per cent of people above 15 years old, read one of SPH's news publications. SPH also publishes and produces more than 100 magazine titles in Singapore and the region, covering a broad range of interests from lifestyle to information technology.
Internet and Mobile
Beyond print, the Internet editions of SPH newspapers enjoy over 225 million pageviews with 15 million unique visitors every month. Apart from SPH AsiaOne portal, SPH's online and new media initiatives include an online marketplace for products, services and employment, ST701; Stomp (Straits Times Online Mobile Print), a portal that connects, engages and interacts with readers on the Web and via mobile phone messaging; omy.sg, a bilingual news and interactive portal and The Straits Times RazorTV, a free access interactive webcast service offering live chat shows and video-on-demand clips.
SPH has a 20 per cent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8 and U, and a 40 per cent stake in MediaCorp Press Limited, which publishes the free newspaper, Today. In the radio business, SPH has an 80 per cent stake in SPH UnionWorks Pte Ltd, which operates entertainment stations Radio 100.3 in Mandarin and 91.3FM in English.
Events and Outdoor Advertising
SPH’s events subsidiary Sphere Exhibits organises innovative consumer and trade events and exhibitions. In addition, SPH has ventured into out-of-home (OOH) advertising through its wholly-owned subsidiary, SPH MediaBoxOffice Pte Ltd, Singapore’s leading Digital Out-of-Home advertising company.
SPH owns and manages Paragon, the prime retail and office complex in the heart of Orchard Road, Singapore's main shopping belt. SPH's wholly-owned subsidiary, Times Development Pte Ltd, has also developed a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road. The Clementi Mall, SPH's latest retail mall, will be operational in 2011.