The publication – like all in the broader publishing industry – was looking to strike the right balance in its monetization strategy in order to account for an increasingly digital and mobile audience.
SPIEGEL and LaterPay partnered to put a novel concept in the publishing industry to the test: trust. If the publisher trusted in its premium content and trusted in consumers’ willingness to pay after they have made an initial purchasing decision, would it be rewarded?
The results speak for themselves. The infographic below details the partnership and provides quantitative data on the outcome.