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Profitable Niche Publishing Business Models

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Via TC, I discovered IBM released a report on how the they think the $550 billion global ad market might change in the coming years. The predictions look bleak for most ad agencies and traditional media gatekeepers, but good for niche publishers who have a solid stream of attention:

The "voice" delivering a message, along with its perceived authenticity, will become as powerful perhaps as the message or offer.

As media gets more saturated, we get better at filtering out garbage. Jakob Nielson’s article about writing articles instead of blog posts does a great job of explaining why writing fewer and more in depth articles is effective for gaining and keeping attention in a competitive marketplace.

On a related note, Frank just noticed a TV show skipping the TV and starting out on the web. There is no easier way to increased perceived authenticity than having a direct and open relationship with the audience.

IBM also offered research on the attention economy in a paper titled Vying for attention: the future of competing in media and entertainment. Rich Shefren recently created a mindmap of what he calls the Attention Age Doctrine, which shows why people are willing to pay larger premiums for great advice and nothing for decent advice.
attention age

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