E-commerce: possibility for monetizing online papers?

Posted by Marion Geiger on March 25, 2009 at 4:18 PM
Since the internet overtook print, the ongoing discussion has been how to monetize online publications. One idea that has taken off for French media groups is e-commerce.

The New York Times recently updated their e-commerce website www.nytsyn.com, where they sell content like photos and articles. However, several French media companies are looking at marketing all kinds of products for target audiences.    

elle.jpgElle magazine already sells products through Elle Passions, an "online boutique". "We look at our magazines like brands" said Fabrice Plaquevent, in charge of licensing at Lagardère (owns Elle). The French media group just signed a deal with Sumitomo, a leader in online commerce, and hopes to sell products and services such as fitness coaching for their Psychologies and Doctissimo publications.psychologies.jpg Prisma is also looking at selling vacations on their Femme Actuelle website. This may be one solution for now, but Phillipe Jannet, CEO of Monde interactif says "we still don't have a simple enough form of payment on the Web".

Source: Le Monde

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