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Digital Revenue Innovation in
                    Scholarly Publishing
        -Expanding Industry-related Revenue Opportunities in the Digital Arena-




SSP Webinar
October 16, 2012
Jennifer L. Badua, Director, Business Development
The Journal of Bone & Joint Surgery Inc.


                                                                                  1
Setting the Scene




• JBJS is an independent, not-for-profit
  publisher (NOT society or association
  published)
• Focused on orthopaedic surgery
• Over 100 years old

                                           2
The Situation in 2010
• New CEO with an eye
  on innovation
• Goals of expanding
  product
  portfolio, diversifying
  revenue sources
• Shifting industry
  budgets
• Industry clients
  expressing an interest
  in more digital
• An audience facing
  information overload



                                      3
Stakeholders
                  Board

       Finance               CEO




                                       Assoc
Circ                                   Pub/
                                        GM

                  The
                 Project
Prod
                                       Mktg
Mgmt




       Biz Dev             Editorial

                   Adv




                                               4
We Needed to Take the Bull by the
                Horns
• Significant investment
• Semantic tagging
• 2 new online-only products
• Targeted ads against content (across all 3 sites)
• More focus on online ops
• Integrated advertising incentive plans




                                                      5
Better Targeting for Readers
      and Advertisers




                               6
7
The Results
• More relevant content for readers
• Advertising was seamless for users (no complaints)
• More new clients (and new client types)
• Better performance - CTR for targeted campaigns is 53% higher
  than for all campaigns combined (Jan – Sept 2012)


                                      Overall
                                      average, all
                                      campaigns
                                      Average
                                      targeted
                      CTR

                                                                  8
What’s Next?
• Mobile
• New creative sizes
• More Apps
• More Email




                                      9
We have to disrupt our own business
before someone else beats us to it……


          Thank You!
       Jennifer L. Badua
       jbadua@jbjs.org
                                       10

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101612 ssp digitalrevenuewebinar_jenniferbadua

  • 1. Digital Revenue Innovation in Scholarly Publishing -Expanding Industry-related Revenue Opportunities in the Digital Arena- SSP Webinar October 16, 2012 Jennifer L. Badua, Director, Business Development The Journal of Bone & Joint Surgery Inc. 1
  • 2. Setting the Scene • JBJS is an independent, not-for-profit publisher (NOT society or association published) • Focused on orthopaedic surgery • Over 100 years old 2
  • 3. The Situation in 2010 • New CEO with an eye on innovation • Goals of expanding product portfolio, diversifying revenue sources • Shifting industry budgets • Industry clients expressing an interest in more digital • An audience facing information overload 3
  • 4. Stakeholders Board Finance CEO Assoc Circ Pub/ GM The Project Prod Mktg Mgmt Biz Dev Editorial Adv 4
  • 5. We Needed to Take the Bull by the Horns • Significant investment • Semantic tagging • 2 new online-only products • Targeted ads against content (across all 3 sites) • More focus on online ops • Integrated advertising incentive plans 5
  • 6. Better Targeting for Readers and Advertisers 6
  • 7. 7
  • 8. The Results • More relevant content for readers • Advertising was seamless for users (no complaints) • More new clients (and new client types) • Better performance - CTR for targeted campaigns is 53% higher than for all campaigns combined (Jan – Sept 2012) Overall average, all campaigns Average targeted CTR 8
  • 9. What’s Next? • Mobile • New creative sizes • More Apps • More Email 9
  • 10. We have to disrupt our own business before someone else beats us to it…… Thank You! Jennifer L. Badua jbadua@jbjs.org 10