High Quality Content Keeps Them Coming Back for More
As an online publisher, there are countless ways to drive revenue including advertising, affiliate marketing, ecommerce, subscriptions, paywalls, and more. You can combine these tactics in any number of ways to meet your business objectives, but they all share one essential element: content.
High-quality content is the foundation of an effective monetization strategy. The trick is building content that keeps your audience coming back for more while also maximizing your revenue opportunities.
5 Ways to Make Content Work for You
Content is king in the world of online publishing, and your options for creating content are practically unlimited. Of course, not every content type will work for every publisher. So before you dive into the deep end of the pool, think about your audience, your subject matter, your goals, and the resources you have available.
Following are some content ideas you may want to incorporate into your content strategy:
- Newsletters
Email newsletters aren’t exactly groundbreaking, but their familiarity doesn’t make them any less valuable. Newsletters can be instrumental in building a relationship with your readers, reducing subscriber churn, and driving engagement with your most valuable content. And these workhorses of the editorial world can offer their own diverse monetization opportunities, including sponsorships, paid advertisements, and premium subscriber-only content. - Podcasts
Over the past decade, podcasts have experienced a remarkable resurgence. Research from the World Advertising Research Center (WARC) found that one-third of all internet users — and 37% of Americans — listen to podcasts each month. Podcasts offer a wide range of revenue opportunities, including advertising and subscriptions — which may explain why just about everyone has a podcast these days. Keep an eye on the trends, however, as signs indicate the market may be reaching its saturation point. So if you haven’t already carved out your unique podcast niche, finding an audience may prove difficult. - eBooks
Long-form assets like ebooks and whitepapers are a great way to showcase your best content, and they can generate revenue in a variety of ways. Many publishers sell eBooks as standalone products on Kindle and other e-reader platforms. They can also be positioned as exclusive content for paid subscribers or registered site users. - Affiliate marketing
Common tactics for earning with affiliate marketing include online shops, price comparisons, product reviews, affiliate links, online courses, and more. For more tips and best practices in the affiliate space, check out The Sovrn Guide to Affiliate Marketing. - Platform partnerships
Most websites receive a sizable portion of their referral traffic from search engines and social media channels, including Google, Facebook, Snapchat, and more. So it’s no surprise that publishers are looking for ways to monetize the reach of these platforms. Partnership arrangements can take a variety of forms, including ad revenue splits, beta testing for new services (like Facebook Live a few years back), and premium content created exclusively for specific platforms. While partnerships between platforms and publishers have some inherent tensions, they can create a worthwhile and mutually beneficial relationship.
Other creative ideas and strategies for content monetization include making media pay through subscriptions, advertising, paywalls, and more.
More Ways to Monetize with Sovrn
If you’re looking to try out some new monetization strategies, Sovrn can help! We made significant investments in new products and services to help publishers diversify their revenue and maximize earnings.
- Commerce
With the addition of price and merchant comparison technology to our Commerce offering, you can now earn more revenue from every click. Diversify merchants, improve conversions, and boost revenue by building price comparison widgets into your existing commerce content. - Advertising
We’ve made it easier to optimize every ad placement using “engaged time,” which measures not only when an ad can be seen but also when a user is actively engaged with the content. With engaged time, you can accurately identify your most valuable ad inventory and price accordingly. - Data
We’re working to provide publishers with a standard and scalable way to transact their first-party data, as the first SSP to support IAB Tech Lab’s Seller Defined Audiences Specification in Prebid.org. We’re also helping publishers to increase the value of their proprietary data and create meaningful audience segments through data enrichment.
To learn more about these innovations – and all the other ways Sovrn supports publishers – just email us at sales@sovrn.com and our team will be happy to help.