REPORT
1TYbsVD
1TYbsVD
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
a range of social media channels, including most importantly Facebook and<br />
Twitter but also YouTube and Instagram.<br />
Fernandes argues that the heart of Scroll is their editorial profile built<br />
by journalists who have been reporters and not just managers. Part of the<br />
appeal, he says, is that the digital space enables new entrants to prove to<br />
people that they deliver something that is distinct from – and perhaps better<br />
than – what legacy media offer: ‘I think there is the realisation that we need<br />
many more voices and the barriers to entry are relatively low in terms of new<br />
technologies.’ But he also highlights this is an increasingly competitive space:<br />
Everybody is digital these days. Our competitors are not the Quint or The<br />
Wire but NDTV, The Times of India, The Indian Express. You know there are<br />
a great many young people who don’t see the physical things. So, I think it is<br />
an artificial distinction that everybody is drawing between these digital<br />
platforms and what they are saying are mainstream media or legacy media. All<br />
are playing for the same readers.<br />
As a business, Scroll is based on the idea that there is an up-‐‐market audience<br />
in India that Scroll can serve and that will in turn be attractive to advertisers<br />
who will increasingly turn to digital media as internet use and smartphone<br />
ownership continues to increase. If the site offers a better quality digital<br />
experience, in terms of content and technology, it can draw an attractive<br />
audience that will enable it to sell advertising at higher rates than most others<br />
while also benefiting from growth in internet use, smartphone access, and<br />
digital advertising across India. The Scroll site is currently very light on<br />
advertising, and Patil highlights native advertising and sponsored content as<br />
the way forward. ‘The next step is not going to be Google ads but magazine<br />
quality advertisement on the internet’, he says. 35 Patil also underlines that<br />
content-‐‐led e-‐‐commerce has a huge potential to sustain this level. Scroll<br />
already operates a shop on its website where people can buy ‘noteworthy<br />
books and ideas’ based on editorial recommendations. In short, ‘creating<br />
interesting experiences on the internet’ holds the key to remaining relevant in<br />
this space. ‘The opportunity is huge,’ says Patil. Expansion beyond English<br />
and a future investment in more video are also seen as prime opportunities<br />
for Scroll.<br />
In terms of editorial content, Scroll’s strategy is based around a<br />
combination of in-‐‐depth reporting and commentary for an up-‐‐market<br />
audience. Distribution is based on a mobile-‐‐optimised website, a mobile app,<br />
and social channels, and the business strategy on converting an up-‐‐market<br />
audience into advertising, e-‐‐commerce, and other revenue streams.<br />
35 Patil, interviewed by Arijit Sen.<br />
21