Monetisation made easy…
Repackaging your evergreen content brings in bonus revenue
By John Wilpers
Co-Founder/Partner, Katahdin Media Management
At the end of the day, every publisher has the same question: “What do I need to do today to survive tomorrow?”
We all know there are no silver bullets (duh!), but there are some strategies that are quicker, easier, and better than others, at least in the short run.
And, no: NFTs, bitcoin, and AI are not among our top suggestions.
Over the next several weeks, we will look at the least expensive, quickest, easiest, highest-ROI revenue options you have to choose from to diversify your revenue and solidify your financial base.
Monetize evergreen content
We all love reusable stuff.
Pay for it once, but use it over and over again — almost for free as it were.
As publishers, it’s a rare day when we can take a product we’ve already created and sold once, package it a little differently, and then sell it again!
It’s a manufacturer’s dream.
But that’s the case with evergreen content.
You’ve already spent a lot of money to create the content. Now, with a little extra work, you can make money with the same content once again by resurrecting it in a variety of forms.
(What if you don’t have evergreen content? Scroll to the bottom!)
What are the financial benefits?
Repackaged evergreen content can deliver:
Page views for advertisers
Tools to attract new readers or subscribers
Content for a new paid newsletter
Content for a paid stand-alone special collection
New video content to support video advertising
Collections as a benefit of paid memberships
And more
Beyond that, evergreen content also:
Creates workload efficiency
Builds your online authority
Drives organic traffic
Results in high search engine ranking
Builds backlinks and reduces website bounce rates
Evergreen content already delivers
For most publishers, evergreen content is already working hard for you without any repackaging or promotion.
At Wired, 40% of all visits are to evergreen stories: Twenty percent of visits are to stories between one week and six months old, and 20% are stories older than six months, according to the company.
At The Atlantic, more than half of the traffic in a given month comes from content not produced in that month, MD of Editorial and Insights/Atlantic 57 Lymari Morales told What’s New in Publishing.
At B2B pubs, more than 60% of traffic comes from organic search, with evergreen content being a major driver, according to BrightEdge.
And that’s all without active promotion or repackaging of the content.
So, not only should creating evergreen content be a regular part of your content creation process, but you should also make the marketing and monetization of it a regular part of your promotion and product development planning process.
ADVICE: One key to repackaging success is to pay attention to SEO and keywords. “Research for emerging (and related) keywords you can rank for: This will enable you to reword different chunks and include sections that cover a specific business problem,” according to Mario Peshev, founder of tech consultancy DevriX.
CAUTION: If the content you are repackaging was created by a freelancer, make sure there are no usage rights issues.
Best examples of evergreen content
If your publishing niche is food, healthcare, wellness, fitness, gaming, sport, parenting, careers, love, travel, and finance, your content is tailor-made for evergreen monetization.
For example, The New York Times launched its NYT Cooking offering in 2014, made it a subscription service in 2017, and announced in Dec. 2021 that it had reached one million paid subscribers at US$1.25/week. The NYT Games subscription service, launched the same year, also hit one million subscribers in 2021 and charges the same rate.
So, whether you put your repackaged evergreen content in a new paid newsletter or use it as a subscription enticement or whatever, here are some of the forms repackaged evergreen content can take:
Buying Guides
Beginners’ Guides
Collections (of pieces around a theme)
Historical photo albums
Listicles
Insiders’ Guides
How-To Guides
Answer Common Questions
“Ultimate” Guides
Checklists
Common Mistakes, Lessons Learned, Failures, Successes
Case Studies
Resources
Glossaries
History
But we don’t have evergreen content
Some publishers just don’t do this kind of stuff, especially smaller newspapers. If you haven’t, though, you should. Pull a writer off a story that will live once and die to work on something with a long and potential profitable afterlife. Have him or her spend time with your content analytics to get a sense of the hottest areas of interest among your readership (crime, entertainment, sports, history). Then do keyword research to see what’s hot. Use the two results to direct your evergreen content planning, and add evergreen content brainstorming to your story meetings.
We do this kind of work with media companies all around the world and would be happy to chat with you for free about your situation. Reach out via email (john@katahdinmediamanagement) or text (+1-617-688-0137).