This is the conclusion of a recent survey by the Boston Consulting Group (BCG), as reported by the New York Times, according to Pressetext. In nine different Western countries, the survey asked about the willingness to pay for web content. According to the survey, only 48 percent of U.S. Internet users want to invest money to consume online news. Users in Germany, Italy or Norway show a higher willingness to pay. This also becomes clear, among other things, when asked about the conceivable amount of contributions. While Americans, like Australians, would spend an average of just three dollars a month on online news, Italians are prepared to pay an average of seven dollars.
Many free offers in the USA
"Consumers' willingness to pay is related to the availability of a wide range of free content," says John Rose, senior partner at BCG. In the U.S., he says, there are more and richer free offerings than elsewhere, and the market is highly fragmented. In many European countries, where there tends to be a media concentration of a few large companies, there is a stronger willingness to pay. On average, this is around 60 percent. Americans - more than other nations - prefer a payment model that gives simultaneous access to various newspaper pages for a fee. According to the survey, paid content will not lead to any major revenue increases for publishers, but it can certainly have a positive impact on newspaper profits.
Within Europe, the British appear to be the least willing to invest in paid content. This was already shown by a survey conducted by Harris Interactive in the summer, according to which only five percent generally want to pay for online content. If the results of the BCG study are to be believed, then those people who already pay the most for news are also prepared to pay the highest fees for online news. Basically, these are simply enthusiastic newspaper readers.