INMA releases report on content-to-commerce opportunities

Case studies of media companies

INMA releases report on content-to-commerce opportunities

How pioneer publishers are launching content-to-commerce initiatives to create new sources of revenue growth is the focus of a new report launched today by the International News Media Association (INMA). The report is free to INMA members and may be purchased by non-members.

‘Content-to-commerce brings revenue in post-advertising world’ focuses on the case studies of five diverse news media companies from differing areas in the world.

Aftonbladet, the Swedish publisher, has partnered with eCommerce platform Tipser to sell products while staying within the media company’s website.

Dennis Publishing is one of the top examples of how content-to-commerce works in the media industry. It sells cars it owns and has two affiliate marketing brands in the UK. Its car brand brings in 30% of the company’s overall revenue.

The New York Times – Wirecutter, a 9-year-old product review Web site, generates more revenue from affiliate commissions than traditional advertising.

South China Morning Post (SCMP) has two traditional content-to-commerce brands. SCMP Research, a literal content for commerce revenue strategy that has slowly grown over the past few years and debuted as a proper revenue strategy in July, is discussed in the report.

The Times of India digital division, Times Internet, makes direct sales of men’s products after acquiring MensXP in 2009.

Non-media companies and magazines were early adapters of content-to-commerce, but news media companies fall perfectly within the skill set required – they have strong content and audiences that trust them.

Content-to-commerce brings revenue in post-advertising world” is an early look at how traditional news publishers are creating their content-to-commerce strategies, focusing on three basic models.

Affiliate models, sending customers to an outside link and earning the media company a percentage of the revenue.

Attribution marketing, keeping track of the touchpoints from customer to purchase and putting a value on getting the consumer from point A to point B.

Direct eCommerce, allowing the organization to keep items on its own website and grow direct collaboration because the media company owns the product. This usually brings higher revenue streams and higher conversions.

Keys to making this work are data, trust, and the ability to meet a need.

Author Dawn McMullan, senior editor at INMA, pulls from INMA Webinars, study tours, and conferences while adding in new initiatives from around the world.

Content-to-commerce is one of the rising subjects of interest in news media as data, technology, and growing sophistication in understanding reader needs and motivations sweep the news industry,” said Earl J. Wilkinson, executive director and chief executive officer of INMA. “As publishers aim for closer and more trusted relationships directly with readers, they are in a unique position to capitalize. Content-to-commerce is a fantastic opportunity.”

The International News Media Association (INMA) is a global community of news media companies reinventing how they engage audiences and grow revenue in a multi-platform environment. The INMA community consists of more than 15,000 members at 850 media companies in 73 countries. Celebrating its 90th anniversary, INMA is the news media industry’s foremost ideas-sharing network with members connected via conferences, reports, webinars, virtual meetings, and an unparalleled archive of best practices.

Click here to access the report

In 2024, we are looking at full recovery and growth-led investment in Indian printing

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. It created the category of privately owned B2B print magazines in the country. And by its diversification in packaging, (Packaging South Asia), food processing and packaging (IndiFoodBev) and health and medical supply chain and packaging (HealthTekPak), and its community activities in training, research, and conferences (Ipp Services, Training and Research) the organization continues to create platforms that demonstrate the need for quality information, data, technology insights and events.

India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

India is one of the fastest growing economies in nominal and real terms – in a region poised for the highest change in year to year expenditure in printing equipment and consumables. Our 2024 media kit is ready, and it is the right time to take stock – to emphasize your visibility and relevance to your customers and turn potential markets into conversations.

– Naresh Khanna

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