It’s that time of the year. The time for top ten lists and predictions about the future. I’ll settle for four digital tips to help guide publishers’ digital strategies for 2012. One for each category: Revenue, Content, Design and Platform.
Revenue: Get serious about e-commerce
I’ve been advocating for quite some time that publishers should get serious about e-commerce, and with the rise of tablets, the opportunity is just getting bigger and bigger. E-commerce on mobile devices alone will top $6 billion in 2011 and is expected to reach $31 billion in 2016.
In particular, tablet owners seem excited about shopping directly from their devices. Even better, they want to shop from within publications. In “The Magazine Mobile Reader” report released by MPA a couple of months ago, 59% of respondents said they would like to buy directly from adverts in digital magazines and 79% said they want to be able to purchase products and services directly from editorial features.
eMediaVitals’ Rob O’Regan sees three ways for publishers to pursue e-commerce:
- Sell your own stuff
- Sell other brands’ stuff
- Recommend other brands’ stuff
Whatever the path, it’s time to take advantage of the relationship publishers have with readers and start selling. Read the rest of this entry »