Posts Tagged ‘reports’

Subscriptions v micropayments: which way forward for online publishers?

Saturday, November 21st, 2009

Online 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…)

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Posted in b2b, business strategy, consumer, content

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How traditional media businesses can create online subscriptions packages

Friday, June 5th, 2009

The debate is still raging among traditional media businesses, particularly newspapers, over how to drive revenues from online content.  Pure online news no longer will justify an entry fee, especially with the BBC providing such a comprehensive service for free.  See my earlier post on reinventing online content for more thoughts on the implications for editorial teams.  Meanwhile, online-only information businesses are carving out profitable niches serving very targeted groups, eg econsultancy. Publishers will need to think hard about how to use their editorial expertise to create specific packages that niche audiences will consider worth paying for.  Rather than trying to charge multiple micro-payments for piecemeal chunks of editorial, I believe there is mileage in creating online subscription packages that combine a number of useful content-based elements for a carefully defined audience.  Here are some suggested steps for media businesses who want to create an online subscriptions package: (more…)

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Posted in b2b, business strategy, consumer, content

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