The Online Publishers Association (OPA) reported that 95 percent of its newspaper and magazine members have a paid subscription strategy, and are leveraging these paid models as part of their overall growth strategies and that “digital subscriptions are positively impacting revenue, attracting younger audiences, garnering valuable consumer data and enhancing ad sales”.
Once a controversial strategy, premium digital content is now becoming a proven success. If you are no longer willing to give out your content for free and have loyal audience that values it enough to pay for access, consider setting up a digital subscription system to further grow your business.