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Publishers Building Vertical Communities
Digital Book World, January 15 at 2:45 pm
Randy Petway, COO, Advance Division
Defining Online Communities

 What is an online community?
“A publisher-owned website/platform that offers a
common interest around which the community is
themed, with interactive communication between the
organization and community members and between
the members themselves.”


Context for academic publishers
Background and Methodology

 Why investigate online communities?

 PCG’s research builds from an earlier study conducted
with Bowker Market Research
 Online survey of 15 questions primarily geared toward
academic publishers
What does research address?

Questions the research is looking to answer:
 How many publishers currently have online communities?
 Reasons for development of online communities?
 Measurable benefits achieved from online communities

 Opportunities for growth of online communities
Key Findings – Current Market

1-2 communities
21%
3-4 communities
5-6 communities

47%
10%

7 or more
communities

8%
14%

None
Key Findings – The Motivation

Top 4 reasons to develop online communities:
 40% Increasing direct relationships with end users
 40% Increasing audience engagement (social networking)
 35% Increased content usage
 35% Increasing knowledge and understanding of the reader
Key Findings – The Benefits

Top 3 reported benefits of online communities:
 37% Generated increased knowledge and understanding
of the end user
 37% Developed direct relationships with readers
 32% Serves as a platform to increase content usage

Direct Feedback:
“Our online community capabilities are helping committees
and special interest groups to collaborate.”
“Growth of audience engagement but not sales.”
Key Findings – Current Success & Future Opportunity

 About 50% of publishers believe online communities have

been successful in achieving the company’s goals
 Nearly 80% of all publishers view online communities as
an area of growth for their company and the publishing
sector as a whole
 Early 2013 study showed that 84% of all publisher
respondents think their investment in online communities
will increase over the next two years
Summary

 Online communities are on the up
 Primarily focused on relationship building with end users

 Many publishers are still experimenting with online
community strategies
Conclusions

Publishers see online communities as:
 a way of getting closer to their readers

 a way of becoming more customer focused
 a way to gain understanding of what audiences want
(access to metrics)

 a way to make to their content go further
 a way to support marketing efforts, not generating direct
sales

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Publishers Building Vertical Communities (Publishing Technology at Digital Book World 2014)

  • 1. Publishers Building Vertical Communities Digital Book World, January 15 at 2:45 pm Randy Petway, COO, Advance Division
  • 2. Defining Online Communities  What is an online community? “A publisher-owned website/platform that offers a common interest around which the community is themed, with interactive communication between the organization and community members and between the members themselves.”  Context for academic publishers
  • 3. Background and Methodology  Why investigate online communities?  PCG’s research builds from an earlier study conducted with Bowker Market Research  Online survey of 15 questions primarily geared toward academic publishers
  • 4. What does research address? Questions the research is looking to answer:  How many publishers currently have online communities?  Reasons for development of online communities?  Measurable benefits achieved from online communities  Opportunities for growth of online communities
  • 5. Key Findings – Current Market 1-2 communities 21% 3-4 communities 5-6 communities 47% 10% 7 or more communities 8% 14% None
  • 6. Key Findings – The Motivation Top 4 reasons to develop online communities:  40% Increasing direct relationships with end users  40% Increasing audience engagement (social networking)  35% Increased content usage  35% Increasing knowledge and understanding of the reader
  • 7. Key Findings – The Benefits Top 3 reported benefits of online communities:  37% Generated increased knowledge and understanding of the end user  37% Developed direct relationships with readers  32% Serves as a platform to increase content usage Direct Feedback: “Our online community capabilities are helping committees and special interest groups to collaborate.” “Growth of audience engagement but not sales.”
  • 8. Key Findings – Current Success & Future Opportunity  About 50% of publishers believe online communities have been successful in achieving the company’s goals  Nearly 80% of all publishers view online communities as an area of growth for their company and the publishing sector as a whole  Early 2013 study showed that 84% of all publisher respondents think their investment in online communities will increase over the next two years
  • 9. Summary  Online communities are on the up  Primarily focused on relationship building with end users  Many publishers are still experimenting with online community strategies
  • 10. Conclusions Publishers see online communities as:  a way of getting closer to their readers  a way of becoming more customer focused  a way to gain understanding of what audiences want (access to metrics)  a way to make to their content go further  a way to support marketing efforts, not generating direct sales

Editor's Notes

  1. Academic PublishingFor academic publishers, the priority is undoubtedly building online functionality into websites to meet the content needs of highly targeted audiences. With the rise of open access, there is also a concern with opening up content to a wider audience as possible, and also encouraging a more collaborative peer review process, that can be sped up through the presence of online communities. Examples of some online communities in the academic arena include:Library Connect (Elsevier) – a forum for the library and researcher communitySTAR (Taylor & Francis) – an online community for researchers in developing nationsPeerJ – an online open access peer reviewed academic journal
  2. Who are we – Publishing Technology?Why we commissioned this studyWho took part?