With the decline of print and advertising revenues most B2B media businesses are now very focused on increasing subscription, membership or other paid revenues like training and events.
This typically necessitates a change in the nature of the content that they provide their customers. Indeed, their customers change from being 'readers' into 'users' as the content becomes data and even software. The progression in maturity of content offering often looks as follows:
Articles > Research > Data > Tools > Workflow
Community, both digital and in-person, has an important part to play in adding value to any content, data, or product. It might be harder to sell up front as a reason to subscribe but it can be very powerful in improving renewal rates and increasing yields (the amount subscribers pay).
The table below describes each stage in more detail and also how community can support and enhance the offering (Download PDF version to see details >>)
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- Just want to join some groups? Simply join Guild and then look through the discoverable groups and communities to find relevant ones to join
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