It’s not new, but it is an increasingly important part of being visible. Branding in publishing has to this point mainly been the preserve of authors and series, with the odd notable exception, yet this is going to have to change as serendipity is whittled away in a world of keywords and metadata. So it is that the newcomer who requires a shortcut to awareness and recognition seeks to collaborate with known names while they strengthen their nascent brand, and uses these partnerships to speed up their data gathering in the target market.
For developing a non-fiction consumer list, the advantages of seeking partners when starting out are clear; traction in a target market, detailed information about the habits of the market and how to reach them, recognition and hopefully positive connotations amongst consumers towards the partner’s brand, and quite often expert insight into the subject courtesy of authors or subject consultants. You can see how these benefits would also apply to more established imprints and ‘brands’ whose expertise may not stretch as far into market analysis as that of the partner whose insight is being brought in.
As well as moving the product into a more apparent and accessible place for the targeted reader, the alchemy of two strong partners ought to bring a very attractive proposition and in doing so improve both partners’ reputations. What we, as the publisher, gain from this manifests in results. With the Love to Learn series coming to the end of its first year on the market, the nine strategic partnerships struck up have contributed directly to 20%-25% of sales (made on partners’ rather than our own site) and then provided a further 25%-30% of traffic.
And what’s in it for the more established subject specialist partner in the link-up? Obviously this will vary between each case, but the soft benefits of being able to off their members a valuable product packaged by experts, extra incentive for the interested to join up and receive offers on the products of the partnership, another location to be visible in and to grow brand awareness outside their usual avenues, and to poke a toe in the water of exploiting their brand and assets digitally without taking too many of the risks involved. These sit next to the harder commercial benefits of affiliate cuts of each purchase (rather than subscription) either through their site or from referred, completed journeys to our site, and flat fees for licenses to otherwise inactive assets (again this is dependent on how the partnership may be set-up).
It is these latter soft and tangible benefits which would also motivate publishers to not rely too heavily on their partners’ value. As a brand gathers momentum and adds to its proposition, the relationship with the partner changes. As is the way, friends with benefits can never really last forever, and so we pursue direct traffic and loyalty to our own, rather than our partners’ brand, no longer piggy-backing.
The objective at the end of all this is to cobble together an online community around the idea of learning for life, and to provide a resting place for the nomadic, lurking online retiree-generation under one umbrella. The forum and course ideas areas, where customers suggest where we ought to go next, encourage visitors to stick with us, come back to the site and series and look for those titles which follow on from their previous purchases. And so we start to engage in a different type of collaboration this time with the reader. As with most of what we have undertaken, finding older, active web users is the biggest hurdle, luckily we have a few friends who can point us in the right direction.