Posts Tagged ‘paid-for content’

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How specialist media owners see their future: realistic optimism

Saturday, July 24th, 2010

I’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…)

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Posted in b2b, business strategy, consumer

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Online subscriptions secrets of a media pioneer

Sunday, July 11th, 2010

Developing 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…)

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Posted in business strategy, consumer, content

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What makes a compelling consumer online membership package?

Sunday, July 4th, 2010

Many 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…)

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Posted in business strategy, consumer, content, marketing

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Bright future for specialist media: build audiences; develop many revenue streams

Sunday, June 20th, 2010

What is it that unites specialist media businesses, whether they serve consumer or professional audiences, in print, events or digital or some combination of the three?  Listening to the speakers in the “future of specialist media” session at the Specialist Media Show conference, I’d say the common thread is building a specialist audience, with particular interests and information needs, then finding many ways to create revenue streams around that audience, from supplying content, facilitating connections online or at events, and creating opportunities for advertisers to reach that audience.  Here are the highlights of the presentations from Phil Redwood of Fusion Communciations, Miles Galliford of Subhub and Riva Elliott of PMA media training: (more…)

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Posted in b2b, business strategy, consumer, content, events

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How publishers can profit from digital media

Monday, May 3rd, 2010

Digital 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…)

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Posted in b2b, business strategy, consumer, content, marketing

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Growing an online content business through building trust

Sunday, March 21st, 2010

Traditional 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…)

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Posted in b2b, business strategy, consumer, content, events, news

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What online content will people pay for?

Thursday, February 4th, 2010

All 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…)

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Posted in b2b, consumer, content, marketing

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The quiet digital revolution in magazine subscriptions

Thursday, December 10th, 2009

For most print-based publishers, subscriptions have felt like a safe haven in the current economic and technology storm. A survey recently commissioned by InPublishing from Wessenden marketing and sponsored by CDS Global confirms that for most consumer publishers, subs are growing both in absolute terms, and relative to newstand sales. Life is tougher for b2b publishers, subs are steady or shrinking, and renewals are a weak point, but newsstand is declining more rapidly. The detail of this survey, covering 132 companies, large and small, and over 900 titles, shows how digital acquisition sources, delivery methods, communication channels and servicing are quietly revolutionising how publishers are growing their subscription base. These are five key trends I have spotted: (more…)

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Posted in b2b, consumer, marketing

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Turn your media brand into a meeting place

Sunday, November 15th, 2009

Most publishers - whether print-based or online - are rightly obsessed with content.  Not surprising, it’s the tangible output of their efforts.  It’s easy to assume that a media brand is simply the sum of the content it creates.  But that ignores the magic of media brands - that their content brings together an audience of like-minded people.  In the old days, this simply provided a handy target group for advertisers, but now that technology allows the audience to answer back, it also provides both a fabulous source of new content, and also a value in the connections between the members of that group.  Now that there are many other routes for advertisers to reach audiences, and it is harder to charge a premium rate for content alone, I believe that the future of media brands is linked to their ability to turn their brand into a meeting place, and drive real value from their contributions and connections.  It’s important to let go of the temptation to broadcast, and simply host the conversation, rather than hogging all the airtime.  Here’s some practical ideas for how to transform your media brand, and importantly, create value. (more…)

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Posted in b2b, business strategy, consumer, content, marketing

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Paid for mobile apps for publishers

Wednesday, November 11th, 2009

There’s been a media feeding frenzy these last few months about mobile apps, specifically on the iphone, largely driven by the high numbers of free games and gimmicks.  But when the fuss has died down, and the number of smartphones owned by the general consumer grows, can mobile apps provide a new revenue source for more “serious” content publishers?  I’ve been collecting examples of paid for mobile apps that look like they might actually make money for publishers.  Very few can make the free-app/ ad-funded model work on mobile, so these are all paid-for.  They seem to fall into five separate categories: (more…)

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Posted in b2b, consumer, content, marketing

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