Winners announced: DMAs Europe 2024
WAN-IFRA has announced the winners of the Digital Media Awards Europe 2024.
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.
WAN-IFRA has announced the winners of the Digital Media Awards Europe 2024.
How close are you to your readers / users / viewers / listeners (delete as appropriate)? Ideally, it should be very.
A spate of layoffs and profit warnings in recent months has set the tone for what publishers expect will be another bruising year for the industry, writes Nic Newman.
No matter what you do or which sector you’re in, change is constant and will only continue. The winners will be the businesses with the mindset to embrace transformation, says Jessica Norell Neeson.
How vital are you to your customers? If the answer is ‘not very’ or ‘less than before’, then you could be in trouble. That is why, as Air Business’s Adam Sherman tells James Evelegh, it’s important to keep asking the question.
To-do lists are the beating heart of the publishing industry, indeed probably of every industry. What’s on the list and how quickly you can tick them off, to a large extent determines your future success. Reneé Doegar tell us what’s on her list.
Hearst UK titles Women’s Health and Men’s Health see their future as membership offerings and have recently unveiled a new tiered approach. Ciar Byrne talks to David Robinson about the thinking behind the new strategy.
Rory Brown has enjoyed great success in business media. Having last year sold AgriBriefing and now following new paths in the B2B space, he takes some time out to tell us what he has learned on his journey so far…
Ace’s Newspaper and Magazine Awards 2024 will take place at the London Marriott Hotel, Grosvenor Square on 22 May, 2024.
Two new Nature Reviews journals, Nature Reviews Clean Technology and Nature Reviews Biodiversity, will launch in January 2025.
The Financial Times has released its first generative AI feature for subscribers.
Ahead of this year’s PPA Festival, taking place on 23rd April, we grab five minutes with PPA CEO Sajeeda Merali to get her thoughts on the state of the publishing sector.
New Scientist has partnered with Exact Editions to launch new digital subscriptions for libraries.
Subscribers are now able to play Telegraph puzzles in a dedicated puzzles section on the Telegraph app.
Our Media has added four more magazines to Exact Editions’ digital subscription platform.