A blog for students of Professor Kagan's Digital Marketing Strategy course to comment and highlight class topics. From the various channels for marketing on the internet, to SaaS and e-commerce business models, anything related to the class is fair game.
Tuesday, November 27, 2012
WSJ's new revenue stream
Today, Ad Age reported in "Wall Street Journal Launches Shoppable Gift Guide as a New Start for E-Commerce Push," WSJ's newest effort to improve its revenue generation as traditional advertising revenues have declined. The newspaper has developed an e-commerce platform it calls Select. On Select, users can shop a holiday gift guide then purchase those products directly from WSJ rather than directing the customer to the retailer's website. Given our recent discussion on the evolution of newspapers in light of the internet and the WSJ's relative success in surviving the declining readership rates and falling ad revenue, I found this article particularly relevant.
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