Friday 24 April 2015

Eleven Top Tips on Content Marketing You Can't Live Without

Kate Smith, far right, and the content marketing panel
Kate Smith, Associate Marketing Director at Wiley, chaired the Turning scholarly research into content marketing gold panel in The Faculty at The London Book Fair. She deftly drew out the key issues surrounding the myths and magic of content marketing from a panel of industry experts including Laura Finn, Content Marketing Manager at the Royal Society of Chemistry, Amy Nicholson, Managing Editor at Sticky Content, and Lynne Miller, Associate Director at TBI Communications.

Read the Storify from TBI Communications here and ALPSP here.

In the spirit of all good content marketers, Kate has created a list of eleven top tips drawn from the session.
  1. Start small, pick something easy 
  2. Map out everything in your content ‘universe’ 
  3. Identify the drivers of your funnel and audience journey 
  4. Don’t get too bogged down with personas 
  5. Audience is 1st, Story 2nd, Content 3rd 
  6. Provide some easy guidelines – like making the first sentence of your content 140 characters 
  7. Use other events like a survey someone else in your company has done and repurpose it into a short form content asset (or two, or three, or four…) 
  8. Top and tail other people’s content 
  9. There are different ways to consume content so repurpose the same content in different forms (a list, an infographic, a blog post etc) 
  10. Check out ‘1 post Wonders’ on Tumblr 
  11. Get Amy from Sticky Content’s stakeholder guide
Disagree? Add your own to the comments field below.

Kate Smith is Associate Marketing Director, John Wiley & Sons. She is a seasoned marketer and has led community marketing teams, and more recently Channel teams and B2B marketing at Wiley for the last 12 years. As a content marketing advocate Kate has been helping to change the mindset around marketing in Wiley so that that marketers are better equipped to connect and engage with customers and end-users.

Thursday 9 April 2015

Is there a single project management solution that works for all projects? We spoke to Jim Russell to find out.

Project management remains a core skill that publishers need. We spoke to Jim Russell, tutor on the ALPSP Project Management for Publishing training course, about the different ways of handling this essential function.

Why is it that project management is so important to publishing?

Projects are vital to every publishing organization. They are the means by which most change is implemented. Think about new and enhanced products and services, changes to workflows, systems and processes. What about rebranding, sales and marketing campaigns? Acquisitions, restructuring, strategy development and suppliers changes are all project-based activities. I could go on, but you get the picture.

What typically goes wrong when managing projects?

As projects, they all have inherent risks and under the pressures of high workloads or when individuals are inexperienced in managing them, projects often fail to match expectations. Project management is meant to help! But sometimes it doesn't.

Why do you think this is the case?

Over many years, traditional project management methods have been based on experience from large projects. Whilst there is still a place for some of these methods on major infrastructure developments, they can cause delay and add too much bureaucracy to smaller and medium sized projects. Add in a lack of training or experience, plus an expectation of fitting this in to your day job, and you have a recipe for disaster.

So how has project management methodology evolved to tackle these issues?

Most projects now involve web-based solutions that need a more flexible approach to project management, and businesses need shorter implementation time scales. ‘Agile’ methods can be highly effective for incremental web development and can work very well.

Sounds like a great solution, are there any drawbacks?

These methods are not appropriate for all projects and the conditions for the successful application of Agile methods do not always exist. There is no single project management solution that works for all projects!

So what what would you advise to those starting a project?

I always recommend taking a flexible approach to project management. Review the type of project you are working on and take the best parts of different methods to suit your circumstances and business goals. This will enable you to apply a scalable, tailored approach for different types and sizes of project.

Jim Russell is a project management consultant who runs his own training and consultancy company. He has worked with a broad range of organizations within the publishing sector and continues to be a practising project manager.

Jim is co-tutor on ALPSP’s Project Management for Publishing course along with Ruth Wilson from Nature Publishing Group. The next course will run in May 2015.  Further information and booking available on the ALPSP website.

Tuesday 7 April 2015

Managing Author Fees – Resolving the “Build vs. Buy” Dilemma

In a guest post, Jennifer Goodrich from CCC reflects on the "Build vs. Buy" dilemma when managing author fees for gold open access.

"In its 2014 article, “Digitizing the Consumer Decision Journey,” McKinsey & Company warns that “tools and standards are changing faster than companies can react,” and nowhere is this more true than in the field of Open Access. Open Access publishing requires new business models from publishers, new activities and expertise from authors when paying article processing charges (APCs), new relationships with institutions and funders, and enhanced systems to support all parties. It’s no surprise, then, that publishers are examining their author programs with a particular focus on creating an integrated workflow between the editorial process and the payment of APCs. As a result, many publishers are facing the choice: can they deliver what’s needed with their existing systems or should they instead be working with an outsourced partner?

The “build versus buy dilemma,” of which this is but one example, is a perennial topic of debate in the field of software development – perhaps why InfoWorld described it as “a question of Shakespearean proportions.” Conventional wisdom suggests that building your own solution may be the right decision in areas of key competitive advantage, or where there is no suitable commercial product to deliver your core business requirements. By contrast, buying is often a more cost-effective way to automate and standardize core business processes, and allows the organization to manage risk by transferring the burden of software development and maintenance onto a third party. But which of these scenarios applies in the case of the management of author fees? The answer will depend on the needs of each organization, but when faced with a rapidly changing environment like Open Access publishing, McKinsey suggests many organizations need to adopt a different approach to managing the consumer decision journey—one that embraces the speed that digitization brings and focuses on capabilities in three areas: Discover, Design and Deliver.

Here is how each of these can be applied to the challenge of managing author fees, and what the implications might be when considering a systems solution.

Discover

In the context of Open Access, the Discover phase means drawing upon information about the author (including reviewer or editorial status), the manuscript and publication, the author’s institution, the author’s funding sources, the author’s membership status and more to develop a full customer portrait. Publishers are under growing pressure to capture and share industry standard metadata such as ORCIDs, ISNIs, DOIs, FundRef IDs and Ringgold IDs. They must therefore invest in the interoperability of their existing systems that contain data about authors and their institutions, and also find ways to allow external systems to draw on this information.

Unfortunately, for most publishers, the information in question resides in disparate legacy systems that are not currently integrated and which rely on proprietary identifiers rather than external data standards. Further, with the growth of OA journals and now books, the volume of author transactions is escalating rapidly, and publishers are managing these transactions on systems that were designed for annual subscription fees, rather than for high-volume real-time transactions. As a result, in order to develop a robust author-centric solution, publishers typically have to dedicate significant resources to both unifying legacy systems and building a new transaction system that can evolve with the marketplace and be ready for numerous emerging standards. A fully unified set of internal systems might be the ultimate goal, but it is likely to come at a high price in terms of development costs and management time. For this reason, an outsourced solution can often make more sense in a resource-constrained environment or where there is a need to deliver a solution within a shorter timeframe.

Design

The design phase is about creating a frictionless experience that uses the data gathered in the discovery phase to ensure interactions are expressly tailored to an author’s stage in his or her publication journey. Publishers have rightly identified that maintaining high levels of customer satisfaction among authors is critical in an Open Access model. A recent report by Forrester Consulting for the Technology Business Management Council called “The Business Technology Scorecard” highlighted that companies now live in the “Age of the Customer.” For publishers, this global trend is already apparent in the move from annually billing institutions for subscriptions to daily collection of APCs from authors.

In this new paradigm, authors cannot be kept at arm’s length from billing and payment processes, which now form an integral part of the author experience. This requires publishers to dramatically shift how their organizations operate – from a business-to-business (B2B) model centered on selling subscriptions to a business-to-consumer (B2C) model centered on managing an exponentially greater number of micro transactions for APCs.

Furthermore, authors’ expectations of online payment solutions are very high. We all live in the digital world of online service providers such as Amazon, Google and Apple, which develop convenient, easy-to-use applications to which we have become accustomed. The pricing of an APC is often dependent on a far larger range of variables than an iTunes download or an Amazon eBook, but these services set the benchmark for a seamless user experience. Rightly or wrongly, manual, slow or partially automated payment solutions that seem clunky and antiquated negatively impact an author’s perception of a publisher. Instead, authors expect intuitive user interfaces (UIs) and robust workflows when they submit manuscripts and pay author charges. Any system used for this purpose is likely to need some sophisticated algorithms “under the hood” in order to meet these expectations.

Deliver

Finally, the Deliver phase requires the creation of a more agile organization with the right people, tools, and processes. McKinsey highlights the need for cross-functional teams with "strong collaborative and communication skills and a relentless commitment to iterative testing, learning, and scaling—at a pace that many companies may find challenging.” For publishers, this means developing closer links among editorial, production, finance and operations teams who may have had relatively little contact under a subscription model. To make it easy to support these cross-functional teams, a robust APC solution must offer simple management of complex pricing, discounting and compliance reporting. It should also be robust enough to test and implement promotional codes and discounts based on factors such as location of the author, institutional affiliation, subscription status of the institution, and membership status of the author, allowing publishers to iterate quickly in response to market demand. Flexibility is the key in this phase of activity, and any solution needs to accommodate this or risk undermining the organization’s capacity to evolve and develop.

Reaching a Decision

Having discussed some of the main characteristics of, and challenges to, efficient APC payment processes, we still have to resolve the build versus buy dilemma. In some cases this will come down to an evaluation of the likely return on investment from each of the two options, meaning needing to develop a good understanding of the potential costs and benefits in each case. This needs careful thought, both in testing the market for outsourced solutions and in being realistic about the costs of in-house development and ongoing maintenance, which are frequently under-estimated. Even for the very largest publishers, it‘s difficult to make the case to support the upfront investment needed in development of their own systems. It is often a cost-benefit decision, and the ability to share some of the risk with a third party can be a decisive factor.

Consistency and predictability will be crucial considerations in your decision – errors and unscheduled downtime in this area can quickly cost money, not to mention the risk of reputational damage. However, as Tom DeMarco, principal of the Atlantic Systems Guild has noted: “The more important goal is transformation – creating software that changes the world or that transforms a company or how it does business.” If your chosen author fee management solution can deliver this, you really will have resolved the build versus buy dilemma.

About the Author

Jennifer Goodrich is Director of Product Management at Copyright Clearance Center (CCC). She is responsible for driving the development and evolution of CCC’s RightsLink® for Open Access platform. The platform, built on ten years of experience assisting publishers in collecting author charges, is CCC’s next-generation service designed to simplify the collection and management of article processing charges or APCs. She and the RightsLink team work closely with publishers, authors, manuscript management systems, standards organizations, as well as academic and funding institutions, to ensure the platform meets the needs of the Open Access community.

If you are going to the London Book Fair, CCC will be hosting a panel discussion, “You Made the Move to Open Access: What’s Next for Your Business?” on Tuesday, 14 April, 16:00 – 17:00 in The Faculty. CCC is located at Stand 7C16.