ThreePM reports bumper Xmas sales
There’s encouraging news for hard-pressed magazine publishers with the release of ThreePM’s sales figures for Christmas.
Every subscriber who leaves has to be replaced before a subscription business can grow, which makes retention the quieter half of reader revenue and often the more profitable one. The first renewal is the real test of whether acquisition brought in the right people.
Retention starts with habit. The publishers that keep subscribers longest engage them well beyond the welcome emails, and renew on the strength of the brand rather than another discount. A surprising share of churn isn't a decision at all. Expired cards and failed payments quietly lose revenue that can often be recovered.
Some brands are losing subscribers and hard-fought revenue that could be saved with some attention and effort.
Tracy Larner Our subs retention strategy: William Reed
When someone does want to leave, how it is handled matters. Understand why before offering anything, and make the exit easy, because subscribers treated well on the way out are far more likely to come back.
Below you'll find some of our best feature articles on subscriber retention and churn, from engagement and renewal pricing to payment failure and cancellation, alongside our latest news and industry commentary.
Does your CEO know what your subscriber retention rate is? The chances are, probably not. But, according to Julian Thorne, author of our Guide to Retention Strategies for Publishers, this number should never be far from his or her (or your) mind.
A subscriber’s first 30 days are important to build habit but so is every day after, says Emma Robinson, head of customer experience.
You cannot improve a process until you have documented it, and you cannot achieve an objective until you have a process and system to support it, says Rosa Sherwood, head of CRM, engagement and loyalty.
It’s a well-known fact that engaged subscribers stay for longer, says Susanne Kinnaird, head of digital reader revenue.
It’s important not to lose subscribers and hard-fought revenue through involuntary churn, says Tracy Larner, subscriptions director.
It’s important to understand the reason for cancellation and to ensure the retention offer directly addresses the subscriber’s stated concern, says Mike Halstead, managing director of HH&S.
What determines pricing power is not only the category of need, says Andy Burden, founder of Substribe, it’s the stakes.
Making it super-hard to cancel a subscription does no one any favours.
There’s encouraging news for hard-pressed magazine publishers with the release of ThreePM’s sales figures for Christmas.
Amazon.com has introduced Kindle DX with Global Wireless - a new version of the 9.7-inch wireless reading device now with the "convenience of wireless content delivery" in over 100 countries.
The Financial Times has announced that it has enhanced its offering for FT.com premium subscribers.
A new magazine subscription website launched yesterday offering over 850 magazines to the customers of the Blackwell Online Bookshop.
Customers of Magazine Group, the online subscription agency, can now get subscriptions and single copies of digital magazines through a partnership with Zinio, a global leader in digital-content design and distribution.
The Subscription Marketing 2009 survey run by Wessenden Marketing and InPublishing and sponsored by CDS Global, has produced fascinating insights into the current state of subscription marketing practice in the UK publishing industry. Wessenden’s Jim
The Magazine Group, the online magazine store, is to give £8 to NewstrAid for every order placed via a special page on its site.
Hello! is one of publishing’s mega-brands, the granddaddy of the celebrity market and begetter of a host of rivals, some of whom have the affront to now sell more. Meg Carter talks to publishing director Charlotte Stockting about what the brand means
Do you remember the good times? Circs hitting 600k, advertisers queuing at the door, expense accounts, burgeoning staffs. Those were the days! The problem was that, in catering for the needs of marginal readers, we started to alienate our core. We lo
Euromoney Institutional Investor plc has made its Preliminary Results Announcement for the year to 30 September 2009.
The PPA’s Retail Marketing Group has re-launched Just Ask, its Shop Save and Home News Delivery (HND) initiative.
Fifteen of the UK’s most thought-provoking magazines are collaborating in a joint marketing effort as the Cultural Publications Group to show the breadth of titles that are available at the more serious end of the market.
Kindle is Amazon’s most wished for, most gifted, and #1 bestselling product, but prior to yesterday it has been available only to US customers. Now for the first time, Kindle is available to customers around the world.
The Economist has announced it will begin experimentation with a new website pay wall from October 13th.
The Times and The Sunday Times have announced the launch of Times+, a new membership scheme and customer retention programme.