Traditionally the hub of any media enterprise was the print magazine. It served as the center of every brand, from which a variety of ancillary businesses extended out like spokes of a wheel. These typically included a newsletter, a website, events, special print issues, licensed products and more.
That’s changed. Now, the print magazine still occupies a vital role for many brands, but the hub of the enterprise is the tech stack. That’s the term for the combination of software platforms that are used to perform essential business functions. The strength of the business depends on how well these platforms interact with each other.
Typically, the tech stack includes a CRM, a content-management system, a marketing platform, a lead-generation solution, subscriptions and event-registration systems, financial-management software, order fulfillment, and more. How well these platforms interact is a key determinant of enterprise success.
Over time, the media industry’s core group of suppliers was transformed as well. Once the publication printer was the most important supplier, followed by fulfillment services and maybe a paper provider, or reprints, and, of course, the United States Postal Service.
Now the supplier community is comprised primarily of technology providers. All other categories of suppliers come after that. So it’s always a good idea to hear from our tech suppliers. They’re not just solutions providers, they actually have a perspective that can’t be duplicated—they know what works and what should be avoided through hard experiences across dozens of customers. They’re not just selling a product, they’re offering an informed perspective. There’s a lot to learn.
With that in mind, in this issue we feature a conversation with Eric Kammerzelt, CEO of Parameter1, a software-as-a-service company based in Fort Atkinson, Wisconsin. Parameter1 combines several essential components of the tech stack. Read on to hear Eric’s perspective.
Fox Tales: Tell us about the genesis of Parameter1.
Eric Kammerzelt: The Parameter1 team grew within the B2B publishing environment. The core team came together originally at Cygnus Business Media and quickly gained a reputation for applying technology solutions to business problems. We listened to editors, publishers, sales, and production teams that helped inform our understanding of what was needed.
Kammerzelt: We have a passionate team that fell in love with media and solving problems that span the industry. Enterprises like Endeavor Business Media are really a collection of many publishers from all over the country. We found there were common problems and a common set of solutions available to these publishers. We also felt strongly that there should not be a disparity between what the larger publications could afford and what was accessible to the small mom-and-pop publishers that have small teams wearing many hats. Everyone needs platforms for efficiency, growth, and to meet growing advertiser demands.
Fox Tales: The SaaS approach is something your company emphasizes. What’s the distinction in that approach?
Kammerzelt: The model provides our customers with the software that we built, but also the service that goes along with it. Many of our customers look to us for all of their technology needs as part of their core technology stack. Others ask us to share our unique perspective across hundreds of titles to their internal technology teams. In either case we act as a business partner to help our customers achieve growth and efficiency. This relationship has been very well received by everyone we work with. We learn from our customers and they learn from us.
Fox Tales: I note that Parameter1 has a holistic approach to its business solutions. There’s content management, lead gen, identity management, native advertising and more. There’s value in getting all these services from one source. Tell us about what informs that approach, and its value to customers.
- Overcoming Technical Barriers:
- We often find that revenue growth is stunted by technical challenges.
- By addressing issues like website performance and system integration, we remove obstacles to growth.
- Enhanced Engagement:
- Our solutions improve practices that directly impact user engagement.
- Higher engagement typically translates to increased revenue opportunities.
- New Product Development:
- We advise on new product ideas that directly grow revenue.
- These ideas often come from our diverse customer base, allowing us to cross-pollinate successful strategies.
Internal Efficiency
- Automation and Process Improvement:
- We reduce manual processes and automate workflows, freeing up staff time.
- This leads to fewer errors and more efficient operations.
- System Integration:
- Our holistic approach ensures that various systems (CMS, ESP, CDP, etc.) work together seamlessly.
- This integration eliminates data silos and improves overall operational efficiency.
- Best Practices Implementation:
- We bring industry-wide best practices to each client, improving their internal processes.
The combination of these revenue and efficiency improvements often leads to a transformative effect on our clients’ businesses. As one of our team members noted, “It is a joy to watch the light bulbs go off once our prospective customers recognize how much of a burden can be lifted.”