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Why Media Companies Should Start B2B Commerce in 2023

The media industry is evolving and an investment in B2B commerce could be the next big revenue opportunity.

The media industry isn鈥檛 what it used to be. The golden age of lifestyle editorial has been dying for years and the digital evolution has brought us along the influencer rise and reign of social media. It continues to become increasingly unsettled by declining news consumption and a growing fatigue in negative news reporting, shares in their 2022 Digital News Report. Users are opting to scroll social media platforms and independent blogs for selective glimpses at world news instead. According to , today鈥檚 media consumer often engages with a digital, mobile and free news experience.听

It鈥檚 no wonder that in the midst of changing consumer preferences and a looming recession, .

A of publishers has found that on average, the number of revenue sources media companies rely on has dropped slightly in 2023. And with fewer readers willing to fork over a subscription fee to pay for publications, commerce revenue has been stepping up in importance on balance sheets across the industry.

While the media industry isn鈥檛 what it used to be, affiliate commerce, too, is shifting. Affiliate commerce continues to be top-of-mind for media executives and savvy marketers alike, however, the business-to-consumer (B2C) affiliate marketing model isn鈥檛 as foolproof as it once was. The herding consumers into creating an e-commerce boom are over. The traditional B2C affiliate commerce model has been disrupted by supply chain issues that complement exhausted consumers鈥 wallet pinching during .

So, what鈥檚 next for affiliate commerce?

You might also like: These are the best ways to use affiliate links in B2B marketing.

The B2B revenue opportunity for media brands

The B2B segment opportunity represents the next frontier of commerce revenue for media companies. As businesses continue to organize key strategic pillars around software, that software spend is anticipated to increase by up to 9.3% in 2023, reports . Online software reviews and recommendations will continue to power growth, .

illustrated shopping cart against news print in basq style

Furthermore, we know that the B2B buying cycle is getting shorter, thanks to an increased research and evaluation from key business decision-makers. As a result, software and SaaS products have become more consumable than ever before. For publishers and media companies that are ready to review, discuss and recommend software, this is great news 鈥 it signals an opportunity to monetize their content like never before.听

See more: This is how affiliates can use the 色盒直播 marketplace to win.

Why should publishers invest in a B2B affiliate commerce strategy?聽

B2B commerce operates very similarly, if not the same, as B2C affiliate marketing 鈥 except the commissions are usually higher and paid out for longer terms. Partners that explore B2B programs stand the chance at earning more in commissions compared to B2C affiliate commerce. Why? Simply put, B2B customers are purchasing high quality SaaS solutions that address key business challenges, with a high sticker or subscription price to match.

There鈥檚 also a lifetime value calculation built into B2B affiliate commerce commissions that the B2C affiliate commerce model simply doesn鈥檛 support. This means that when publishing partners connect SaaS vendors to quality customers, not only do publishing partners earn revenue share on the initial sale, they can typically earn on renewals, too.听

B2B affiliate commerce is endlessly flexible. For publishing partners uninterested in revenue sharing, they can benefit from cost-per-action commission structures that reward meaningful buyer activity. It鈥檚 a win-win on the sale of digital products that businesses need to survive and thrive in this economy.

How publishers can get started in B2B affiliate commerce

What do you need to successfully monetize the B2B software buyer鈥檚 purchasing process? The same ingredients as B2C commerce: a platform and an audience of potential buyers who are paying attention. From there, all that鈥檚 needed is the flexibility to explore the most innovative areas of software that are transforming the way we do business.听

Related: Learn how to attract better quality affiliates to your programs.听

How B2B commerce can support growth for media companies

For media companies who remain agile and growth-savvy in hard times, B2B commerce is the next revenue opportunity worth pursuing. By leveraging their platforms, content and authority, media companies are perfectly poised to make the reviews and recommendations that business executives need now more than ever.听

色盒直播's Nick Latus against newspapers

While trust is at the cornerstone of all affiliate commerce, it is particularly important for B2B buyers and B2B publishing partners. "色盒直播 understands the value media companies bring to affiliate relationships,鈥 says , Director of Partner Development at 色盒直播. 鈥淭he power of their audiences, the incremental lift those savvy audiences can provide to vendors and the trust that has been established over the years between the parties is invaluable in so many ways.鈥澛

How 色盒直播 can power your B2B affiliate programs

As the largest network of B2B SaaS affiliate programs in the world, 色盒直播 is home to the partner programs of products that will define the success of post-recession growth in 2024. With an extensive selection of programs that span marketing, productivity, VoIP, HR verticals and more, 色盒直播 is the affiliate commerce network that allows publishers to promote the best B2B SaaS products on the market today.听

Latus knows that finding the right selection of programs to join is just half of the battle. What matters next is how the relationship between partners grows, which is a process that 色盒直播 is committed to supporting.听

鈥淲hether it is new customer growth, product launches or industry updates, the 色盒直播 platform is focused on putting our media partners and other publisher models in a position to grow in partnerships based on relevant data, world-class monetization tools and a services team that will help facilitate introductions in our network,鈥 says Latus.听

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