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Something that keeps coming up is the challenge with having multiple publishing markets for the same publication and how they affect each other.
For instance, when publishers talk about the business case for Apple News or similar services, they want to get the exposure and potential revenue that such services provide, but at the same time they don't want it to cannibalize on their far more valuable direct subscribers.
This is what we are going to talk about in this 34-page Plus report. What are the challenges of mixing multiple publishing markets? And what steps and considerations do you need to take, as a publisher, before even considering it?
So, let's dive into it.
Every publisher knows that our 'audience' is not just the same group of people. People come for very different reasons, having different moments. Some are just looking, and others have a specific need.
As a result, it is completely impossible to create just one subscription model that will capture the full potential of your actual audience. It just can't be done.
This means that every publisher who only offers people one way to pay (like I am doing here on this site) will lose out on potential revenue.
Mind you, when I say 'one way to pay', I'm not just talking about having different pricing levels or options, I'm also talking about the channels and the platforms. So some people might want to subscribe directly, while others would rather just have it be a part of Apple News, or to be a part of some bundle, or many other forms. It all depends on each person's reading habits.
Register to try out Baekdal Plus completely for free for one week.
Baekdal Plus is your premium destination for trends and analysis for the media industry. Every year you get 25 reports about the future media trends, business and editorial strategies, monetization analysis and insights about how to use analytics specifically for publishers.
As a subscriber, you also get full access to all the Plus reports (more than 200) published over the past 8 years, as well as the ability to share what you read.
Yes, of course, please write to plus@baekdal.com and I will send you a regular invoice that you can pay via your bank. I will need your company name, address and VAT number (if within the EU). Also, please note that due to this process being manual, this will be for an annual subscription only.
Yes, please write to plus@baekdal.com for details. But for 25-99 users: the price is 20% off the subscription price ($79/year per user), 100+ users is a fixed price at $5,000 (for all combined).
Yes, please head over to Baekdal Media to read about consulting where I can help you with strategy reviews, trend and strategy reports, and strategic guidance for you media company or a specific publication.
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Founder, media analyst, author, and publisher. Follow on Twitter
"Thomas Baekdal is one of Scandinavia's most sought-after experts in the digitization of media companies. He has made himself known for his analysis of how digitization has changed the way we consume media."
Swedish business magazine, Resumé
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