Posts Tagged ‘specialist media show’

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Bridging the gap from free to paid online content

Monday, November 8th, 2010

Everyone has an opinion on the Times paywall this week, as the carefully massaged stats were publicised on paying customers.  While the headline figure was 100,000, in reality this included many one-off purchases, so the number of long-term subscribers is probably under 40,000.  That’s about 0.5% conversion according to some clever analysis by Ashley Friedlein. Media owners seem to line-up on one side or the other of the free-vs-paid tug of war.  Murdoch, the FT, Construction News are all on the paid end of the rope, while The Guardian, Brand Republic and Sift’s Business Zone are firmly in the free camp, heels well dug in. I spoke at Media Pro this week, on the day the Times paywall figures were published, and there were plenty of questions about what they really meant.  By the way, my slides are here if you want to take a look.  My take on all this is that the really clever model is the one that balances free content with paid premium services, and links the two with strong incentives to register.  This works best in more specialist markets; here’s the step-by-step plan: (more…)

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Posted in b2b, business strategy, consumer, content

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The challenge of mobile publishing

Sunday, October 31st, 2010

Just as publishers are starting to work out how to use the web to drive revenues, they now have to take into account the rapidly growing proportion of their readers who are using mobile devices for their business and leisure browsing.  A couple of stats I learned this week made me think again about the speed of change facing publishers.  One is a quote from Mary Meeker that in 2 years time smartphones will be more numerous than PCs, and that by 2015 65% of all web browsing will be on mobile devices.  The other is the fact that in the US Android has surpassed iphone on smartphones.  It has been possible to dismiss the hype about iphone apps and ipads in the UK as so much tech and media-land hysteria, but if android tablets are available at £200 soon, and the app universe extends beyond gadget-enthusiasts and media luvvies, then ordinary publishers will need to brush up their mobile act.  Here’s some tips to get smaller consumer or b2b publishers without the budget of a Conde Nast or Murdoch thinking about how to approach the challenge of mobile publishing: (more…)

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Posted in b2b, business strategy, consumer

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Can a virtual trade show replace a live event?

Friday, September 17th, 2010

As the organiser of the Specialist Media Show I am well aware of the practical headaches of live events - venue costs, choosing a date, stand and feature build and break down, not to mention the carpet!  There’s also the task of persuading visitors to take a day out and travel for hours and convincing exhibitors that the extra costs of staff time and travel are justified.  So the idea of virtual events is highly appealing - no venue cost, no shell scheme, no carpet or catering - and it should be easier to persuade visitors to attend for a few hours from their computer screen, and for smaller exhibitors to try out the environment.

But can a virtual show replace the thrill and spectacle of a live event?  I think it’s unlikely in consumer events, where people want to touch and feel the product, but could be more interesting in b2b shows, where the products are intangible and exhibitors focus on lead generation.  Some UK organisers are testing the water, but the US as usual is more advanced.  Yesterday I attended Publishing Business Virtual Expo to road test the environment.  Here’s my admittedly subjective view based on the main reasons visitors and exhibitors attend trade shows, with a star rating based on the quality of the experience vs live: (more…)

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Posted in b2b, business strategy, events, opinions

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6 new specialist digital publishing tricks from K9 Media

Saturday, September 11th, 2010

As Content Director for the Specialist Media Show I’m always on the look-out for innovative specialist media businesses who could be winners of the Media Pioneer Awards.  Their stories are always inspiring, as they take advantage of technology and their deep understanding of their markets to uncover new ways to grow their revenues.  Ryan O Meara, MD of K9 Media, who creates content for dog owners, is one such inspiring publisher.  You can read the full story of his “back to front” publishing business on the Specialist Media Show site, but here are six new digital publishing tricks that (forgive the pun) even old publishing dogs can learn from: (more…)

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Posted in consumer, content, marketing, news

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Why specialist titles thrive with independent publishers

Saturday, August 21st, 2010

Media giant IPC are in the process of disposing of around 28 niche titles - like Guitar and The Railway - and reportedly are selling to several small publishers rather than as a job lot.  This set me thinking about specialist media businesses and whether they actually do better under independent ownership than as part of a large media organisation.  At Emap I disposed of several niche specialist magazines that were deemed to be uneconomic.  They moved to independent publishers, where they were nurtured and started growing again.  Here’s my thoughts on why niche media businesses can actually do better when independently owned: (more…)

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Posted in b2b, business strategy, consumer, news, opinions, people and culture

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Media Pioneer Awards - Green Star Media’s subscription success

Thursday, August 5th, 2010

Media businesses are currently fascinated by how to convert those who consume their online content free of charge into paying customers.  Mr Murdoch allegedly is managing to persuade just over 1% of his registered visitors to pay for his Times Online subscription news service.  The latest Media Pioneer award winner, Green Star Media, achieves an 8% free to paid conversion for readers of its rugby and soccer coaching newsletters, which is pretty impressive.  Andrew Griffiths, MD,  has built the business over 4 years to a turnover of £1.2m, all based on subscriptions, with very little advertising.  His experiences should be of interest to other specialist media owners: here are five key tips from his subscription success: (more…)

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Posted in business strategy, consumer, content, marketing

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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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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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Secrets of successful commercial partnerships in specialist markets

Friday, June 18th, 2010

Growing commercial revenues from online publishing has provided a conundrum for specialist media businesses - they don’t have the volume of inventory to be attractive to ad networks and the CPMs are derisory - and their small commercial teams often lack skills to sell across multiple platforms.  But at the Specialist Media Show conference last month, delegates heard from specialist media owners Duncan Tickell of Magicalia and Paul Hood, latterly of Emap and now at Mirror group, and gurus such as Chris Parsons of Q5 Partners, on how to create simple, clever campaigns that grow clients’ business with tips that can be applied to niche markets. Here’s the top 5 insights: (more…)

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Posted in advertising, b2b, business strategy, consumer

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