Presentation for seminar session at Publishing Expo 2010 on how publishers are developing business models around free and paid content, with examples from consumer and b2b
12. What content will people pay for? Pay to gain Pay to own Pay for expert content Pay for data/ intelligence Pay for convenience
13. Pay to gain: Racing Post has built 10,000 paid subs in 6 months, while 90% online content is free
14. Pay to own: Lonely Planet sell chapter extracts
15. Pay for expertise: Members pay £69pa for wine reviews from Jancis Robinson
16. Pay for data: Brad Insight charge £1400pa for access to their database of advertiser contacts
17. Pay for data: Enthusiasts subscribe £40-70pa for access to services from birdguides.com
18. Pay for convenience: Business execs pay from 89 euros pa for book reviews at getabstract.com
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Editor's Notes
High quality content in print – can charge for content in other formats Iphone app £2.39, Kindle, paywall Don’t follow the herd – applies to all specialist/expert content Increased sales on all platforms - subs grown, news up slightly. 2-3000 subs on new platforms. Online 350k uu – highest ever traffic New customers – have to convert to subscription Solution works for spectator – but are a unique publication Less about sector/platform – think about own brand – can respond quickly