Paid Content: Status & Best Practices

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Paid Content: Status & Best Practices Kelly Leach CEO

Topics for Today Benefits of a Paid Content Model

Advantages and Challenges of Various Models

Factors Driving Success

Evolution of Paid Content

Benefits of Digital Paid Content

Diversifies digital revenue

DATA!

Supports print business

Paid Content Models Hardlocked Metering Freemium

“Federated” Paywall Micropayments

“Data Wall”/Progressive Registration Charging advertising “evaders” – emerging

Be Committed

You’ve heard about the level of commitment and focus from the FT, NYT and WSJ… •

“We need to be sure we are serving a digital platform first and a newspaper second….This is not an easy transition, but we are obliged to take the difficult steps to secure the FT’s future as one of the world’s great new organizations. ” Lionel Barber Editor, The Financial Times 21 January 2013

But have you heard about Gazeta Wyborcza…

Differentiated Content

Differentiated content converts more subscribers

Slovak newspaper website

Polish newspaper website

SME

Gazeta Wyborcza

Slovak news magazine Tyzden

Encourage Engagement

Engagement is key to acquiring subscribers and keeping them

Boost subscriber growth via promotions

Increase readership

Increase loyalty Improve conversion rates

Optimize pricing levels Upsell

Keep the audience engaged

Data

Don’t be afraid to revisit your approach

Evolution of Charging Consumers for Digital Content

Choose a model that balances all business objectives and optimize and target that model

Ongoing testing of marketing levers and tactics: pricing, bundles, term, add-ons, bulk sales, trial offers

Data about content usage and propensity to pay among the paying audience and/or the prospective audience can inform paid content packaging, pricing and targeting….but also strengthen advertising offerings and inform the investment in content creation

Ultimately… Consumer Revenue from Digital Content

✔ ✔ ✔



Consumer Revenue from Print Content

Flexible, personalized PRODUCT Flexible TIMING for delivery Removes geographic limits on DISTRIBUTION

THANK YOU