At the end of February 2017, Beidao, a well-known modern Chinese poet, registered on Douban. He posted his first status on March 6th, announcing the launch of his poem classes on Douban. The post received over 1,000 reposts and likes within one day. Douban Time.
Beidao’s joining the platform was associated with the announcement of Douban’s new product launch: Douban Time (豆瓣时间) – a paid platform for outstanding content sharing. Douban invited experts and KOLs from various sectors to contribute customized educational content. Interested users pay for access to the content.
The first set is entitled “Wake Up in Poems”. Beidao and 16 other poets and scholars will read and explain 51 excellent Chinese and foreign modern poems in audio format. It costs 128 RMB for 102 classes and can be paid via WeChat Pay or Alipay.
Douban is not the first social media platform trying a paid content model. Fenda (a paid audio Q&A App), Zhihu Live (an instant Q&A product launched by intelligence sharing platform Zhihu) and WeChat Reading have led the boom in the paid content field since 2016, and encouraged more exploration in this new business model.
But Douban Time is still slightly different from the pioneers. It’s not just a platform presenting content from others but more like a “producer” or “co-producer” playing a key role in the entire production process.
↑ The Douban team is also involved in copywriting, video production and other promotional activities.
In contrast to other social media platforms in China, content is Douban’s key feature and focal point. Progressing from a platform for movies, books and music reviews, to an online community well known for its interest-based networking and its quality user generated content, Douban has a unique advantage in terms of content production and consumption. So it can use its database to explore possibilities in regard to business models. For users, it’s also a great chance to access high quality, tailor-made content while saving time.
For brands, it’s easy to see potential and commercial value in the paid content industry. Brands related to culture, art, lifestyle, food and design can use this model as a new distribution or marketing channel. By cooperating with platforms like Douban Time and industry KOLs, sharing expertise and insights can strengthen the connection with target audiences and build a stronger brand identity.
What do you think of the paid content model? Are you interested in learning more features and marketing options of Douban? Please leave a comment below.
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