woman with video camera

134: The challenge to media brands from independent journalists

Summary: The article discusses the declining trust in traditional media and the potential rise of independent journalists as a challenge to established media brands. It mentions that some journalists, like Bari Weiss, are moving to platforms such as Substack to operate independently. The article suggests that independent journalists could form their own collective brands, offering…

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female marketer

Engagement metrics for subscriptions

Summary: What are the best engagement metrics for subscription models? This article emphasizes the importance of distinguishing between content engagement and propensity to subscribe, with actions like e-newsletter sign-ups and registration being key. Exposing readers to diverse topics and authors is encouraged, along with increasing time spent on the platform. The ultimate goal is to…

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checklist

Be brief and tell your audience what they need to know. But does that sell subscriptions?

Summary: Axios co-founder Jim VandeHie offers advice on “smart brevity” in writing, emphasizing the importance of considering the audience, starting with the key point, simplicity, visual aids, conversational tone, and delivering essential information. This approach aligns with the inverted pyramid model. VandeHie focuses on attracting the average reader’s limited attention span. Krehbiel wonders if this…

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Woman looking at phone

Maybe you can’t sell subscriptions because the people who are driving your traffic have the wrong goal

Summary: The challenge publishers face in growing and engaging audiences due to platforms like Facebook no longer promoting their content. The article questions whether the focus on building audiences for advertisers is mismatched with the goal of finding paying customers for subscriptions. The article emphasizes the need to offer valuable content to the right audience…

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Crystal ball

Strategy is not planning

Here’s my summary of a very interesting talk by Roger Martin on Harvard Business Review. He raises the question, “what is the difference between planning and strategy?” Strategy, he says, is 1. an integrated set of choices 2. that position you on a playing field of your choice 3. in a way that you win….

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Creating data products

Guidelines for Crafting a Successful Data Product

Summary: This article discusses key principles for developing successful data products. It emphasizes a customer-centric approach, problem definition, and ways to differentiate data products. Objective qualitative and quantitative research is crucial to understand customer needs. The article also highlights Gall’s Law, the importance of data structure, and the Four Vs of data. Data transformation is…

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Cannibalization

You don’t have to be a Luddite to see the value in print

Summary: Print publications continue to be relevant in the digital age. There are unique advantages of print, such as better aesthetics, a curated immersive experience, reduced eye strain, fewer distractions, portability, improved comprehension, different highlighting/note-taking experiences, resistance to AI scraping, suitability for children, collectibility, and a more relaxing reading experience. The author suggests that while…

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think like the devil

Boost creativity by thinking like the devil

Summary: The article introduces the creative thinking cards from Schoolofthought.org. It focuses on two cards, “Imagine you’re the devil” and “No Limits,” which encourage thinking outside ethical and practical constraints for creative brainstorming. The author emphasizes that this approach can help uncover innovative ideas and prepare for competitive challenges. Did you know that “devil’s advocate”…

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business men reading news in jail cell

9 ways to “lock in” your subscribers and make your service irreplaceable

Summary: Lennart Schneider discusses “lock-in effects” in a recent article, highlighting 9 strategies to make a subscription irreplaceable. These include ecosystems (like Apple vs. Android), data migration difficulties, personalization, network effects, price guarantees, credits, shared subscriptions, bundling, and status. While these tactics can retain customers, they can also border on being annoying, such as making…

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