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Freemium Publishing:
Can it work in the Western Market ?
What is the Freemium Business Model




 Stories initially offered
 for free

 When a Story gathers a
 following, a premium
 must be paid to read
 the next instalment
Pros and cons of Freemium Publishing
 PROS                                           CONS
-   Control is given to the reader – they       -   The reader may not want to pay for a
    choose the story, genre, whether to             service they have received for free
    continue reading, whether to pay a
    premium                                     -   Reading online literature could be a
                                                    phase, tomorrow there could be
-   Allows first time authors to self publish       something else
    and to be recognised for their work, if
    their work gathers a following then they    -   You need a lot of users, and a lot of
    will receive payment for their work             repeats users to make a profit

-   Combats piracy as the story is a serial ,   -   It takes a long time to make a profit
    as the next chapter is always to follow
    the story cannot be copied in its
    entirety                                    -   Online literature could flood the
                                                    market with too many books, is there
                                                    already too much content out there?
Data from CNNIC and ONS

 77% of the UK uses the internet, 32% of China uses the internet


 66% of the people who use the internet in China access it by mobile
  telephone, in the UK it 31%

 Those who use the internet in China spend at least twenty hours a week on it


 60% of adults in the UK use the internet on a daily basis.


 42.3% of those who use the internet in China use it for Network Literature


 Reading literature is not cited as a reason to use the internet in the UK statistic
  however 51% utilise the internet to read or download online news, newspapers
  or magazines
Other Company’s who utilise the Freemium Business
                        Model

 Skype – Calls over the internet are free, but you pay for calls to
  landlines

 Flickr – Free photos up to a certain limit, people who upload a lot of
  photos have to pay.

 New York Times – casual readers, those reading twenty articles or less
  per month have free access. Anyone who reads more than twenty
  articles pays $15 to $35.

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Freemium publishing presentation

  • 1. Freemium Publishing: Can it work in the Western Market ?
  • 2. What is the Freemium Business Model  Stories initially offered for free  When a Story gathers a following, a premium must be paid to read the next instalment
  • 3. Pros and cons of Freemium Publishing  PROS  CONS - Control is given to the reader – they - The reader may not want to pay for a choose the story, genre, whether to service they have received for free continue reading, whether to pay a premium - Reading online literature could be a phase, tomorrow there could be - Allows first time authors to self publish something else and to be recognised for their work, if their work gathers a following then they - You need a lot of users, and a lot of will receive payment for their work repeats users to make a profit - Combats piracy as the story is a serial , - It takes a long time to make a profit as the next chapter is always to follow the story cannot be copied in its entirety - Online literature could flood the market with too many books, is there already too much content out there?
  • 4. Data from CNNIC and ONS  77% of the UK uses the internet, 32% of China uses the internet  66% of the people who use the internet in China access it by mobile telephone, in the UK it 31%  Those who use the internet in China spend at least twenty hours a week on it  60% of adults in the UK use the internet on a daily basis.  42.3% of those who use the internet in China use it for Network Literature  Reading literature is not cited as a reason to use the internet in the UK statistic however 51% utilise the internet to read or download online news, newspapers or magazines
  • 5. Other Company’s who utilise the Freemium Business Model  Skype – Calls over the internet are free, but you pay for calls to landlines  Flickr – Free photos up to a certain limit, people who upload a lot of photos have to pay.  New York Times – casual readers, those reading twenty articles or less per month have free access. Anyone who reads more than twenty articles pays $15 to $35.