Niche Website Monetization

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Content vs. Community Driven

Content Driven Websites
In the age of interactivity, if you're a niche website, you can no longer afford to base your online product development on outdated newspaper editorial/advertising models which are becoming not only obsolete but proving impractical and unprofitable.

Community Driven Websites
Community driven content is dynamic and does not replace editorial content. Throwing AP style manuals out the window, the authenticity, passion and immediacy of citizen journalists is being equally embraced as interesting information. Content editors will transition into new responsibilities which include acting as community organizers for crowdsourced information.
Image Source: AMG Media

Death of the MBA

Product Managers Need Not Apply

Excerpt from Tribes by Seth Godin

Marketing Used To Be About Advertising

"Today, marketing is about engaging with the tribe and delivering products and services with stories that spread. A tribe is a group of people connected to one another, connected to a leader, and connected to an idea. A group needs only two things to be a tribe: a shared interest and a way to communicate.

There's an Explosion of New Tools To Help Lead Tribes
Tribes make our lives better. We want to belong not to just one tribe, but to many. Tribes you work with, tribes you travel with, tribes you buy with. And if you give us tools and make it easy, we'll keep joining. There are literally thousands of ways to coordinate and connect groups of people that didn't exist a generation ago -- Facebook, Ning,Twitter, Squidoo, Craigslist and e-mail.

All of it Goes to Waste If You Settle
Some tribes are stuck. They embrace the status quo and drown out any tribe member who dares to question authority and the accepted order. Big charities, tiny clubs, struggling corporations - they're tribes and they're stuck. All of it is worthless if your leadership is compromised, if you don't commit."

What Does This Mean For Niche Websites?

A Tribe of Readers Is Waiting For You To Connect Them to One Another

Stop Focusing On Content, Start Focusing On Users
Abandon the simplistic old school idea of posting interesting content and serving ads. Instead take a cue from Godin, think about your website's users in terms of a tribe -- "a movement waiting to happen, a group of people just waiting to be energized and transformed."

A Movement is Thrilling
How can your website help people connect with a common interest to make things happen, to get things done, to make something better? The old product driven model was uni-directional -- make a product or in the case of newspapers, produce content, tell people about it.

Leverage the Tools of the Internet
Today's business model going forward offers something far more exciting and dynamic. It's your job to step in, take the lead then step back and let the tribe communicate with each other to create a movement, to transform a "shared interest into a passion, to provide tools to allow members to tighten their communications and leverage the tribe to allow it to grow and gain new members".
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Build An Interactive User Driven Website

Expand Page Views Quickly Using Existing Social Media

What You Can Do Now
It's easy to get hung up on wanting a single point of entry. But the reality is your users are used to interfacing with hundreds of websites throughout the day. How many windows do you have open right now? Chances are your users are already actively engaged and familiar with uploading content on other portals such as flickr.com, YouTube, Facebook, Twitter.

Leverage Other Social Media Websites

Can you afford to invest time and money waiting for your programmers to develop the perfect custom application while someone else engages your Tribe? Can you leverage someone else's investment in technology especially when users have already taken the time to learn other social media platforms. What if you focused on providing some original editorial content and build depth quickly by supplementing with user generated photos, text, tweets, etc. aggregating links to relevant content similar to Wikipedia but with the unique advantage of focusing on your niche.

Image Source: Terinea Social Networks, flickr.com

Myth #1: Edited Content is Always Better

User Generated Comments Supplement Editorial Content

Case Study #1: What Can Be Learned From PopWatch
It's not either/or. It's either/and. The PopWatch blog is a niche blog within EW.com not re-hashed content. But what also makes this site lively is the comments. The site engages entertainment fans by dishing on celebrities with well written articles. Users are driven deeper into the content with a sidebar which lists the latest commented articles. For example: irate fans want to vent with other Bachelor fans about the season's shocking finale. Though an editor kicked off the discussion, 863 comments later, it's a textbook long tail, proof Bachelor fans want to gossip with each other resulting in recurring site visits.

Stale Content Continues To Generate Page Views
Even on a site where celebrity gossip gets old quickly, articles that are even 3 months old are still generating page views because users have the chance to leave comments, engage others and check back to read not only what's being said but to check if anyone has commented on their comment and to comment on someone else's comments. E.G. "'Twilight Director Catherine Hardwicke Won't Do Sequel", Dec 7, 2008, EW.com

Lessons Learned: Enable Instant Article Comments & Allow HTML
Make it easy to interact, avoid sign-ons. Eliminate barriers to instant participation. Allow users to include relevant links in their comments. Typepad & WordPress offer some measure of security by requiring users to enter their e-mail address and WordPress allows users to enter their website to encourage backlinks. All comments are ultimately moderated to allow spam & offensive comments to be deleted. Enable permalinks & trackbacks.

Myth #2: Use Only Professional Writers

Participatory Forums Like Yahoo Answers Offer Valuable Information

Case Study #2: The Baltimore Sun Sports Forum
Looking through the high school sports forum threads on the Baltimore Sun, there are sports fans offering in depth sports coverage at even the high school level, generating discussion on game upsets, parents ask other parents about college scholarship questions and coaches share issues like "If a student athlete fails a class should they be able to challenge the policy in order to play?"

Lessons Learned: Users Determine Relevant Content in Forums
Forums allow users to lead discussions which in turn helps to generate robust page views. Reading active threads can also help shape editorial content by offering ideas for evergreen articles and answers to frequently asked questions and concerns. If establishing a social networking forum seems cost prohibitive, you can investigate Facebook Groups or Ning to see if these applications will work for you to get your users interacting right away.

Myth #3: Community Content is Messy

While More Challenging, It Offers Exponential Growth

Case Study #3: Obama's Online Campaign
"The Huffington Post will always outperform a traditional news site because they have 3,000 contributors, not a few dozen", notes Seth Godin on a blog post about how parallel projects allow rapid growth where thousands of people can work simultaneously creating significant ripples. In the case of Obama's Presidential campaign, the April 2009 issue of Fast Company details how Facebook cofounder, Chris Hughes tapped into technology as a way to not only communicate information but to support community involvement.

Lessons Learned: Build A Scalable Platform to Support the Community
My.BarackObama.com according to Fast Company was "a surprisingly intuitive and fun-to-use networking Web site that allowed Obama supporters to create groups, plan events, raise funds, download tools, and connect with one another- not unlike a more focused, Facebook. Volunteers had created more than 2 million profiles, planned 200,000 offline events, formed 35,000 groups, posted 400,000 blogs, and raised $30 million on 70,000 personal fund-raising pages". Read more about the Fast Company article here. How can your website actively engage your readers?

Myth #4: Advertising Revenue Is Declining

Businesses Now More Than Ever Need A Way To Reach Customers

Case Study #4: Capital Community News - Hill Rag
At a time when large newspapers like Seattle's oldest newspaper, the Seattle Post-Intelligencer announces its demise, how does a small monthly community newspaper like the Hill Rag whose primary market is Capitol Hill in Washington, DC continue to thrive with 160 pages filled with editorial and sold-out advertising space?

Lessons Learned: Highly Relevant Information
This monthly community newspaper is distributed at newspaper boxes in highly trafficked locations including retail stores ensuring efficient distribution to targetted readers. Both editorial, advertising and classified content is relevant as consumers use the newspaper to find local services, products and shop in the area. The editorial content is produced primarily by people in the community and it is local content that cannot be found offline or online.

Myth #5: Lifestyle Marketing Is In

Lifestyle Marketing Should Not Be Confused With Community Interaction

Case Study #5: Lululemon Athletica
Lululemon is a 10 year old Vancouver based athletic clothing company which focuses primarily on the retailing of yoga inspired clothing. In recent years they have faced rapid expansion with over 100 stores worldwide. They are often compared to another Westcoast phenomenon, Starbucks. Both companies offer premium products marketed specifically based on lifestyle.

Lessons Learned: Engage With the Community
Lululemon is more than just about a promoting a yoga lifestyle. Instead of expensive advertising campaigns, Lululemon reaches out to product evangelists. Yoga-instructors or "ambassadors" get free clothing, a chance to promote their yoga classes on a community bulletin board and to meet customers by offering free in-store yoga classes. It's a symbiotic relationship that benefits customers, the yoga community and the store. What potential power users can you identify on your niche website and what meaningful benefits can you offer them?

About The Author

Adrienne Jenkins

Adrienne Jenkins is a writer and blogger who has been actively engaging in online social media, focusing on community produced content by writing for Associated Content and Squidoo. Adrienne has written over 150 articles which have generated over 100,000 page views to date. Her professional experience includes product management, loyalty marketing, direct mail and e-mail newsletters.

  • LogicalNonsense Aug 11, 2011 @ 2:10 pm | delete
    NIce Lens!
  • kohuether Aug 7, 2010 @ 7:49 am | delete
    I really enjoyed this rundown of the internet and marketing - it's something that most online marketers "get" but I find that traditional businesses are very archaic in their online thinking. Hopefully some of these people will stumble on this page. :)
  • nightcats Jul 9, 2010 @ 11:03 am | delete
    YOu have some excellent content here. Well done.
  • interstellaryeller Aug 22, 2009 @ 7:56 pm | delete
    Nice lens, 5* and I will return again and again
  • RinchenChodron Mar 21, 2009 @ 1:40 pm | delete
    Adrienne, Lots of great advise in this lens! Thanks

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AdrienneJenkins

Eat, Write, Love. I'm currently living "La Dolce Vita" in Rome, Italy with my husband who's a professor of architecture. I'm getting to fulfill the dr... more »

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