Showing posts with label Strike Media. Show all posts
Showing posts with label Strike Media. Show all posts

Friday, 27 July 2012

Subscription Services - Not as easy to be subscribed as some make out.

There is a lot of pressure on content providers these days, unlike a couple of years ago when a subscriber would simply sms a keyword in order to be subscribed to a club - these days there are a number of hurdles in place that literally should stop any potential subscriber in their tracks.

The regulation, which is very similar in most countries, stipulates that there has to be a double opt in process. What this means is that there has to be an authorization process that verifies and authenticates any potential subscriber before they join a service.

Not only does a company have to abide by the regulatory bodies (i.e. WASPA in South Africa), but they also have the Business rules of the networks to abide by, the consumer protection act, the National Lotteries Act, the  advertising standards authority etc.

This makes doing business in this landscape exceptionally difficult as one has to abide by not one set of regulations but many just to get a customer in to your world.

Some companies, like Via Media, Integrat, Bee Mobile, Zed, Strike Media, Sprint Media, Natta and Buongiorno are some examples of companies that are working in this area.

These companies achieve a feat very few others are able to do -and that is survive in an environment that is technically geared to stop them from trading - and yet they still manage to survive.

In my opinion it is the likes of these companies that are the leaders, drivers and innovators of marketing, of acquisition and conversion.

You want to know how to shift your business - look at what these guys are doing - BUT heaven forbid you try to replicate what they do - because you'll have to jump through hoops, walk on coals and swim with piranha - just to get yourself wet. Surviving all that is an entirely  different story.

I've included a rough schematic flow of the process an online user has to follow - to join one of these services... below;




























Now, you tell me - just how easy is it to join a subscription service?