Selling Premium Content with Subscription Billing Services | Vindicia
Transcript of Selling Premium Content with Subscription Billing Services | Vindicia
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New World of OTT Opportunities: Selling Premium Content with Subscription Billing Services
© 2015 Vindicia, Inc. All rights reserved. Vindicia Confidential.
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New World of OTT Opportunities: Selling Premium Content with Subscription Billing Services
© 2015 Vindicia, Inc. All rights reserved. Vindicia Confidential.
“How do you rise above to achieve your goals?” was a question that resonated with our
audience and speakers alike at a recent series of networking events hosted by Ooyala and
Vindicia. The answers that came up were simple, but can be easily overlooked.
Focus on creating and sustaining direct-to-consumer relationships. Relationships are
critical to sustaining, growing and monetizing business. In the past relationships were
largely based on hyper-local, face-to-face interactions, but now they include various types
of interactions from multiple global channels. Adrian Drury, Ovum Principal, was straight to
the point in saying, “Bring your linear business and your online business together. It’s time
to act.”
3 © 2015 Vindicia, Inc. All rights reserved. Vindicia Confidential.
Utilize available data to know how to act. Data offers the ability to personalize products
and services for individual customers. The power of analytics can improve existing
relationships, which extends the average customer lifetime value (ACLV), and indicates
where the best possibilities lie for creating new relationships (resulting in a higher
acquisition rate).
Be prepared and be agile. Kris Nagel, Senior Vice President at Vindicia, pointed out that
the time to market was two years in the 1990s, but now it’s only a few months. So you
don’t have to wait for long to see results. Make sure that multiple “go-to-market” strategies
are in play. Be flexible in your offering so that you can react quickly to market demand.
Consider your options for pricing and monetization. Drury pointed out that being dynamic
about pricing and monetization strategies is critical and that, “content will be dynamically
priced depending on context.” It’s important to consider the whole customer experience to
maximize monetization.
Lastly, do not forget about mobility strategies must be deployed across the mobile
spectrum. Jay Fulcher, Ooyala CEO, asked, “Can you effectively reach customers on
phones and tablets?” The answer has to be yes as demand continues to increase for
content on the go.
4 © 2015 Vindicia, Inc. All rights reserved. Vindicia Confidential.
Vindicia and Ooyala partner to provide integrated and streamlined billing solutions for
premium content. Our solutions help businesses monetize their efforts and maximize their
bottom line. Try our Revenue Uplift Estimator to see how our solutions can increase your
revenue by up to 30%.
Visit our Blog for more information.
About the Author: Bryta Schulz
Bryta joined Vindicia in 2013 and serves as Senior Vice
President of Marketing. She is responsible for building brand
awareness, creating go-to-market strategy and promotion, and
driving growth. With over a decade of executive level marketing,
product management and PR experience, Bryta has led
marketing teams in enterprise technology and SaaS companies.
Her experience includes heading product marketing at GoGrid,
PGP, RSA and Symantec and business development and
product management positions at Xcert, Thales, and
Persistence Software. Bryta holds a MA in Translation from the
Johannes Gutenberg University Mainz and an MBA from the
University of Reutlingen.