Meredith
Interactive Media is committed to significantly developing our
online franchises and generating significant revenue opportunities.
Strategic alliances and investments are an important means to
accomplishing our goals. We seek collaborative relationships
that will deliver mutually beneficial results.
The following
describes our:
- Objectives
- Selection
Criteria
- Sizing
a Relationship
- Submitting
Proposals
Objectives
The Interactive Media business development team seeks strategic
alliance and investment opportunities that can accelerate Meredith's
online initiatives and generate revenues.
Specifically, we are looking for partners who can help us:
- Market
Meredith magazine subscriptions online.
- Increase
site visitors, registrations and e-mail addresses to enhance
Meredith's consumer database and direct marketing initiatives.
- Increase
our online and magazine advertising and sponsorship revenues.
- Enhance
our content functionality and utility in our core content
areas of decorating, food, home improvement and remodeling.
- Generate
revenue by leveraging Meredith's marketing capabilities, including
custom publishing and database marketing.
- Extend
our content presence on the Web through appropriate distribution
and licensing opportunities.
Selection
Criteria
To initiate the partnering process, potential Interactive Media
partners should illustrate their value-adding capabilities.
Among the issues to address:
- How will
the potential relationship advance Meredith's interactive
growth objectives and initiatives listed above?
- What
will the alliance achieve? What will be the tangible results?
- How will
the partnership generate significant financial return?
- Has the
potential partner's product or service been established or
launched, or is it still under development? Does their business
model show proven results?
- Is the
potential partner the market leader in its area of activity?
- How do
the partner's values and focus align with Meredith's?
- Are there
potential conflicts between this alliance and those of our
existing partners or marketing and advertising customers?
Sizing
a Relationship
The most compelling partners will provide significant benefits
to Meredith across multiple metrics:
- Content
licensing revenue
- Online
and print advertising and sponsorships
- Integrated
marketing services such as custom publishing, database and
direct marketing, etc.
- Magazine
subscription sales
- Registrations
- Traffic
increase (page views)
- Traffic
increase (visitors)
Submitting
Proposals
Business development proposals to Meredith Interactive Media
should:
- Describe
the opportunity clearly and concisely.
- Address
the issues listed above as selection criteria.
- Explain
the extent of commitment that your firm intends to provide,
and the commitment expected of Meredith.
- Identify
objectives, including financial projections, to gauge performance.
- Include
a timeline; and
- Include
your firm's business plan (if applicable).
Submit proposals
to the attention of the Meredith Interactive Media business
development team:
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