We’re Patch, the trusted voice for local news and community engagement. We inform and connect the residents in our communities and simplify their everyday lives. We launched with just 3 sites in February 2009, and now are in more than 900 communities in 23 states across the country! Patch is revolutionizing the way neighbors connect with each other, their communities and the national conversation. We have more than 13 million unique visitors each month, a 30% increase in traffic year-over-year, and are continuing to grow. Patch is relentlessly focused on enhancing our platform to provide the best news and information, and to encourage users to interact. Our audience is engaged, and attractive to marketers looking to raise awareness, increase consideration and drive sales.
Patch is a premier brand within AOL’s portfolio of leading content sites. We are an entrepreneurial, start-up culture and, at the same time, able to leverage the scale and resources of our parent company. AOL is one of the largest producers of quality digital content and one of the world’s leading sellers of premium display advertising. Other brands in its portfolio include The Huffington Post, HuffPost Live, TechCrunch, Engagdet, MapQuest, Stylelist, KitchenDaily, Style Me Pretty, MAKERS, Gdgt, and so much more.
You can't truly serve a community unless you provide the help it needs most, which is why giving back is so important to us. We do it as part of our coverage — in a dedicated space that lets local charities and volunteers find each other — and with a program called "Give 5," through which we donate advertising space to charitable organizations and contribute our own time as volunteers. Out teams care about and live in Patch communities. After Hurricane Sandy, our Local Editors listened to their communities about what their needs were. This resulted in a global corporate initiative to get badly needed goods to those areas most affected.
About Business Development
Our Business Development team is looking for a Top Tier MBA completing their first year, for a competitive, hands-on, unparalleled summer internship opportunity. The Business Development team works with AOL's Media, Advertising and corporate teams to identify and evaluate strategic opportunities across the company's content offerings, platforms, products, advertising solutions and other services. The MBA intern will be fully incorporated with the team this summer, working on an array of pertinent projects gaining real-world experience with deal and decision-making in all areas of the business.
Developing strategies that help enable revenue growth and user acquisition;
Performing market sizing/research and competitive landscape overviews;
Evaluating new AOL growth opportunities;
Producing ROI and IRR financial models on emerging business;
Assist team members with structuring, negotiating, and executing partnerships from content partnerships to distribution & syndication to new ventures;
Intern will participate in strategic deals regularly presented to AOL's executive management team.
Enrollment in a graduate program. Business and/or communications MBA a plus;
Deep passion and experience in the industry with a leading knowledge of new media, technology, content syndication, and the digital advertising business;
Excellent written and verbal communication skills;
The ability to thrive and work with a diverse team;
Superior Excel and PowerPoint skills;
2-4 Years directly relevant experience in new media, internet, advertising, or tech;
Entrepreneurial, creative, action-oriented and well organized.
You will love this job if:
You are eager to work with multiple business lines, an array of projects and love working with diverse groups of people;
You aren't afraid to take risks and consistently initiate creative solutions to complicated issues;
Want to be integral in the decision making process for the future of an ever-evolving organization.
This job isn't for you if:
You want to continuously work with one group, or one project, or enjoy predictability in your work place;
Tend to steer clear of team environments and prefer to work alone to solve a problem;
You are afraid of taking risks or making large-scale decisions.
* This is a full-time, paid summer internship beginning June 2013. Patch Media is an AOL Company. AOL is an equal opportunity employer and does not discriminate on the basis of age, color, disability, marital status, national origin, race, religion, sex, sexual orientation, veteran status or any other classification prescribed by applicable law.