Showing posts with label Paid Content. Show all posts
Showing posts with label Paid Content. Show all posts

Tuesday, May 22, 2012

Making money Part IV: Events build your brand

Last weekend I spent a day and a half participating online in NewsU's Revenue Camp for Journalism Entrepreneursan intense session on some of the new ways journalists are making money on the Web. (The entire course will be available to view online in a few days; Twitter comments from the course are at #revcamp.)

If you have a digital news organization that has built a community, you can create profitable events. Your loyal audience is something like a fan club and wants to meet other members. They will pay to attend, they will bring friends, they will be an attractive audience for sponsors and they will spread the word about you.

A digital publication with a small but devoted audience might not generate enough from advertising alone, but events can plug the gaps.