Posts Tagged ‘online subscriptions’
How specialist media owners see their future: realistic optimism
Saturday, July 24th, 2010I’m cheered by the optimism shown by specialist media owners who responded to the survey we ran with Fusion Communications for the Specialist Media Show. They are well aware of the dramatic changes coming in their industry, but seem to be pragmatic and forward looking in their responses. 117 senior managers from b2b and consumer specialist media took part, across a range of businesses from one-title independents to mid-sized publishers with 6-10 titles. I’m referring to them as publishers, but most have print, digital and live events in their portfolio. What struck me is the gradual diversification of revenue sources: (more…)
Tags: content, digital editions, events, Fusion Communications, media brand, mobile apps, online subscriptions, paid-for content, publishers, Specialist Media Network, specialist media show
Posted in b2b, business strategy, consumer
Online subscriptions secrets of a media pioneer
Sunday, July 11th, 2010Developing a content-based online subscription business is the holy grail for many specialist publishers. The latest winner of the Media Pioneers awards, organised by the Specialist Media Show to recognise innovative and entrepreneurial media businesses, has quietly established a community of paying subscribers who visit her site at least weekly. Read on to discover her experiences and learn tips for your own subscription business… (more…)
Tags: content, databases, Jancis Robinson, Media Pioneers, online subscriptions, paid-for content, specialist media show
Posted in business strategy, consumer, content
What makes a compelling consumer online membership package?
Sunday, July 4th, 2010Many media businesses who publish content online for free are investigating subscription or membership packages as a way to drive revenue from their online content. It’s a bit easier for b2b publishers who can build research reports or databases or workflow tools, and are also dealing with businesses with a defined budget for information, research or lead generation. So is anyone succeeding in consumer markets? I’ve found a few examples, and identified five key elements that appear to be adding value to membership packages. What unites them is that online content alone is not enough. And discounts on products and services are expected to be offered as part of the deal. So here’s some ideas for how to add real value to the package: (more…)
Tags: archive, consumers, content, customised content, databases, members forums, mobile alerts, online subscriptions, paid-for content
Posted in business strategy, consumer, content, marketing
How publishers can profit from digital media
Monday, May 3rd, 2010Digital editions, e-readers, ipads, mobile, video…for print-based publishers are they all a way to get sucked into creating expensive content for a small audience that is reluctant to pay? Or have some pioneering publishers found a clever route through the hype to drive real value? I chaired a meeting earlier this week with a cross-section of specialist media owners and digital media gurus that made me think there were some potentially profitable options available. I was planning the “profiting from digital media” session at the Specialist Media Show conference. Our host was Ben Greenish, MD of the Spectator, and we were joined by Graeme Gourlay, MD of Circle Publishing, Peter Houston of Advanstar, Mark Stubbs of Pixel Mags, Graham Duffill of the Digital Publishing Company, and Fiona Ryder of Stream Exchange. You can hear them all speak at greater length at the Specialist Media Show on 25 May 2010, and even question them youself, but here’s a taste of how they feel small specialist media owners can use digital media to advantage: (more…)
Tags: content, digital editions, ipad magazines, online subscriptions, online video, paid-for content, publishers, specialist media show
Posted in b2b, business strategy, consumer, content, marketing
Growing an online content business through building trust
Sunday, March 21st, 2010Traditional and digital publishers alike are grappling with how to build a profitable business around online content. But the old model of ad-funding isn’t enough anymore. I believe that specialist publishers can learn from the experience of small niche digital publishing entreprenueurs who have built businesses around online content. Miles Galliford, one of the founders of SubHub, an online platform for niche publishers, is currently writing a book on this subject called the Funnel of Trust. It details a step by step approach to building multiple online revenue streams that seems to work for a wide range of content entrepreneurs. I have read a pre-publication draft, as Miles is speaking at the Specialist Media Show on 25 May 2010, which I am organising, and he has kindly given permission for me to summarise his first chapter here. You can get a free PDF of the first chapter if you register to attend the Specialist Media Show. If you book a ticket to the conference you will get a copy of the final book on the day, hot off the press! Here are the key steps to profitable online content publishing: (more…)
Tags: content, e-commerce, events, marketing, Miles Galliford, online subscriptions, paid-for content, Penmaen Media, Subhub
Posted in b2b, business strategy, consumer, content, events, news
What online content will people pay for?
Thursday, February 4th, 2010All online publishers, whether they have a traditional print business or not, are busy searching for the perfect online business model. The consensus appears to be that they need a mix of free content to attract users/readers/customers, and some premium paid-for content. But how can they categorise their content to work out what can be charged for? I’ve assembled five categories, based on a range of examples from traditional and online-only publishers. I’m indebted to Miles Galliford of subhub, whose post on this topic is worth reading, and also to Iain Nicol and Mark Bishop who contributed to the discussion on the Specialist Media Network. So what content will people pay for? (more…)
Tags: content, databases, magazine iphone apps, online subscriptions, paid-for content, Penmaen Media, Publishing Expo, specialist media show, Subhub
Posted in b2b, consumer, content, marketing
Innovation from specialist media pioneers
Friday, January 29th, 2010While mass media and newspapers struggle to find new business models, independent and specialist media are quietly innovating and finding new ways to beat the UK recession and expand internationally.
The Media Pioneers awards have just been launched by the organisers of the Specialist Media Show, to recognise and celebrate entrepreneurial thinking among independent and specialist media owners. Here are the stories of the first five award winners: I hope they inspire you. Get the updates on the latest award winners on the Specialist Media Network on Linked-in; they’ll also be published here and on the Specialist Media Show website. At the show the finalists will be judged. (more…)
Tags: Athletics Weekly, cricket world, Media Pioneers, myhobbystore, online subscriptions, publishers, Racing Post, specialist media, specialist media show, the french post
Posted in business strategy, consumer, news
2010 priorities for media owners
Tuesday, January 5th, 2010Now that 2009 is a rapidly fading bad dream, it’s time for media owners to look ahead and set their priorities for 2010. Based on the businesses that I have seen succeed in the last year, and the trends in how people consume media, here’s my take on what needs to be on your to-do list for the next 12 months. (more…)
Tags: content, customers, events, media sales, mobile apps, online subscriptions, publishing
Posted in b2b, business strategy, consumer, content, events, marketing
Subscriptions v micropayments: which way forward for online publishers?
Saturday, November 21st, 2009Online publishers, whether they have a heritage print business or not, are all convinced they have to find ways to charge readers for their online content and services. For newspapers, who have seen their ad revenues tumble, it’s a matter of survival. But how to work out the method of charging and the price the market will bear? There’s plenty of contradictory research out there, with paid content’s survey implying subscriptions are preferable to micropayments, while continental’s recent survey says the opposite, and predicts the rates will be in pennies. But most of these surveys focus on news, which to my mind will mostly have to be free. So what guidance exists for the “ordinary” consumer or b2b online publisher, who isn’t a national news organisation? I think that the surveys are misleading, as they are testing a hypothetical decision. Better to track what other publishers appear to be charging for different packages of content. Assuming all general news has to be free, here are 5 other categories of online paid content: (more…)
Tags: iphone publisher apps, micropayments. subscriptions, online subscriptions, paid online content, Penmaen Media. Specialist Media Network, product reviews, reports, research, surveys
Posted in b2b, business strategy, consumer, content
