Posts Tagged ‘subscriptions’

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Top tips for ambitious media businesses in 2011

Sunday, January 16th, 2011

Over the last year, through my consultancy work, and running the Specialist Media Show, I’ve spoken to many specialist publishing businesses who are rapidly taking their publications into digital, events and other new businesses.  There seems to be a new mood of optimism, of engagement with the new opportunities, and many who experimented in 2010 are now seeing their reach and revenues expand.  So here are my top five tips for ambitious consumer specialist or business to business publishers, who have big plans for 2011. (more…)

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

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The wild digital frontier of subs marketing: pioneers required

Tuesday, November 30th, 2010

In the last couple of years subscriptions have been a safe haven for publishers from the volatility of the newsstand, and the unpredictability of advertising.  The world of traditional print subs hasn’t changed that much; the tried and tested principles of pricing, payment method, acquisition and renewal techniques still apply;  the universal truths of DD and number of renewal efforts still hold and change comes only slowly.  However there is a new digital frontier emerging which doesn’t respect the old rules.  Many subs marketers are less comfortable with the more experimental, wild west of digital editions, single issue pricing, bundling with online content subs  and mobile apps.  Here’s some insights from the  recent Wessenden report on subs marketing (sponsored by CDS Global and in partnership with InPublishing) that may guide pioneering digital subs marketers: (more…)

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Posted in b2b, consumer, content, marketing

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How to find new readers through specialist retailers

Thursday, September 30th, 2010

A big challenge for specialist magazine publishers is reaching a niche audience - newsstand is expensive and wasteful, search is time-consuming, and direct mail can be costly.  So I’m impressed with the solution of Songlines magazine, the latest winner of the Media Pioneer awards, who have developed partnerships with retailers to find new readers through what they buy.  Songlines is a guide for world music fans, and the print edition includes a sample CD of new artists.  Their masterstroke was creating a digital sampler edition with highlights from the latest issue, which includes sample audio tracks of featured music and links to buy on Amazon.  They also get links back to the sampler from Amazon from all their world music pages, which is a great way to introduce new world music fans to the magazine, and expand internationally.  Read more about the Songlines story on the Specialist Media Show website.  I believe this approach could work for other specialist publishers: here are the key questions to ask and steps to take: (more…)

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Posted in consumer, content, marketing

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Hot topics for media owners in 2009

Monday, December 21st, 2009

What were the hot topics for media businesses in 2009?  What provoked discussion and debate?  Based on the stats from my own Penmaen Media blog, looking at both the number of views and the time spent on each article over the last year, some clear trends emerge.  I’ve summarised the top 5 topics, and included links to the most-read articles: (more…)

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Posted in advertising, b2b, business strategy, consumer, content, events, 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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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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How to build an online paid content strategy

Friday, October 9th, 2009

At the AOP summit earlier this week, online publishers were debating paid content strategies, with a particular focus on news organisations.  There are a growing number of examples of publishers building successful subscription bases: the FT, Wall St Journal, Which, Racing post (see my earlier blog on niche paid content) and many b2b publishers.  All now accept that general, nice to have news is not chargeable, but what is?  Here’s my road map for online publishers: (more…)

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Posted in b2b, business strategy, consumer, content

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Opportunities for niche online paid content

Sunday, August 23rd, 2009

Many media owners who have put all their content online for free are now wrestling with the dilemma of how to encourage their users to pay for online content.  My belief is that consumers won’t pay for general news, however cleverly packaged, as there are just too many alternative sources for free.  Much is made of the FT’s subscriptions model, but they are almost playing in a business to business market, where there is an expectation of paying for content.  So are there any opportunities where consumer-facing online publishers can charge for content?  I think there is more mileage in niche topics - where a media owner has exclusive content, and a targeted audience find the information highly relevant and hard to replicate.  Even with the explosion in user reviews, there are still some areas where an expert view or recommendation has more weight and authority than the anonymous poster.  So here are 5 tips for media owners to decide whether a niche is worth testing for paid content: (more…)

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Posted in consumer, content

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Building valuable long-term customer relationships

Saturday, July 25th, 2009

I’ve been thinking recently about how media brands can build a valuable community around their content, and even charge a fee to members of that community in return for a mix of content, services, events, networking and other benefits.  See my earlier post on creating profitable communities for more details.  To do this successfully, media businesses will need to nurture their direct relationship with people who previously were passive readers or consumers of their content.  Upgrading the relationship with your readers/audience to that of “members” does mean heightened expectations of service levels.  This will mean media businesses developing a whole new set of skills, or ensuring that their suppliers, contact centres and fulfilment bureaux are set up to meet these raised standards.  Here is a checklist of best practice in nurturing valuable long-term customer relationships for your own team or your outsourced partners. (more…)

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Posted in consumer, implementation, marketing

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Trends and tips in specialist information publishing from SIPA congress

Tuesday, July 14th, 2009

Last week I attended the SIPA (specialist information publishers association) annual UK congress, and picked up lots of interesting insights from speakers and delegates, largely b2b publishers of newsletters, events and online content services, but with a smattering of consumer publishers as well.  Many businesses had started out as traditional print newsletters but are now migrating to online information publishing. Here are some trends and tips to help consumer and b2b print publishers alike as they make their digital transition: (more…)

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

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