Share/E-mail This Story

Email This

This feature is only available to registered users. Register or sign in to use it.

Forbes Recognizes That There Are Better Business Models Than Pure Advertising

from the about-time dept

We've been making this point for years (and living it with our Insight Community offering), but it appears that other media providers are finally recognizing that there really are other business models than "advertising" or "subscriptions." There's been this theory out there for the longest time that those were the only possible ways to make money in the publication space. Thankfully, it looks like more and more publications are recognizing there are other options as well. A few folks sent over news that Forbes appears to be making the same point, noting that advertising is a commodity, but services are not. Thus, they're launching a "reputation tracker" for companies.

While Jay Rosen was kind enough to compare Forbes' new offering to our Insight Community, I'm not sure it's quite there yet. It looks like Forbes' offering is more just about getting feedback from people, rather than really leveraging the strengths of the community. Frankly, it still amazes me that more media publications don't do more for their community (and in some cases, actively fight their own community). The whole reason media works as a business is because it brings together a community, and then does something with that community. The traditional model was to just sell their eyeballs -- which only gets you so far. I think models that focus on actually using the intelligence in that community to do something useful seems a lot more powerful. Hopefully, Forbes' step in that direction is an indicator that more media publications are realizing there's more to a business model than advertising and subscriptions.

Reader Comments

Subscribe: RSS

View by: Time | Thread

  1. icon
    The Buzz Saw (profile), 11 May 2010 @ 11:14pm


    WHAT? The corporations are not always right? How long have you been sitting on this information?

    reply to this | link to this | view in thread ]

  2. icon
    Chargone (profile), 11 May 2010 @ 11:52pm

    Re: Wow

    *thinks* for given values of 'you', probably since ~5 minutes after someone came up with the idea of the corporation.

    for taken values of 'you', the answer is likely to be 'pancakes'

    reply to this | link to this | view in thread ]

  3. identicon
    John Pagonis, 12 May 2010 @ 1:01am

    Non ad-based revenue models are too frightening to media

    Not basing their revenue models on ads is too frightening for big media, so they are in denial.

    Apparently they hope that the environment that allowed them to command the margins they once had from controlling access to those eyeballs will return back after the recession.

    If only they realised that their function as a media company is to acquire, maintain and monetise audiences, they could look into alternatives. Some of which we very recently discussed in a workshop at the Media Camp Athens event

    reply to this | link to this | view in thread ]

  4. icon
    Hephaestus (profile), 12 May 2010 @ 7:05am

    Funny thing

    They have a report on "time "Warner Music Group", "
    I would really like to read that one but ... LOL ... nut I am not a member

    here is the link Reputation Institute

    reply to this | link to this | view in thread ]

  5. identicon
    Anonymous Coward, 12 May 2010 @ 2:54pm

    forbes is not implying anything is 'better', only that there are other parallel business opportunities that exist within the scope of being an information provider. if the model was that much better, they would drop the poor model overnight, which they are clearly not doing. business add potential revenue streams all the time, not that these new streams are better, only that they compliment the existing business, use the existing infrastructure, or allow them to leverage their existing strengths without nearly as much cost. then again, someone with an mba should know that, right mike?

    reply to this | link to this | view in thread ]

  6. identicon
    Tesfay haile, 2 Jul 2010 @ 8:29pm


    Well the corporation are always right because they have money.

    reply to this | link to this | view in thread ]

  7. identicon
    what is yacon, 8 Feb 2014 @ 9:01am

    what is yacon

    Forbes is not implying something is actually 'better', solely that we now have some other parallel work at home opportunities which exist from the scope of being a great info service provider. when the product had been very much greater, they might decrease poor people product right away, that they can are obviously not really performing. organization add prospective profit channels on a regular basis, not really the particular brand-new channels are greater, solely that they accompany the present organization, utilize the active structure, or allow them in order to power their own active benefits with out nearly as much charge. nonetheless, somebody by having an mba should be aware of that will, appropriate scott?

    reply to this | link to this | view in thread ]

Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Use markdown for basic formatting. HTML is no longer supported.
  Save me a cookie
Follow Techdirt
Techdirt Gear
Shop Now: Techdirt Logo Gear
Report this ad  |  Hide Techdirt ads
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Chat
Report this ad  |  Hide Techdirt ads
Recent Stories
Report this ad  |  Hide Techdirt ads


Email This

This feature is only available to registered users. Register or sign in to use it.