American Short Fiction chooses Exact Editions
American Short Fiction is to sell digital subscriptions to libraries via the Exact Editions platform.
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.
American Short Fiction is to sell digital subscriptions to libraries via the Exact Editions platform.
Tech alone will not deliver success – human factors are needed too, writes Warners’ Natalie Smith.
What’s the outlook for B2B media? Amanda Barnes, chief executive of Faversham House, looks to the future.
What’s the outlook for consumer media? Jon Bickley, co-founder and CEO of Anthem, looks ahead.
What does 2024 hold for the regional press? Katie French, regional group editor for Newsquest Berkshire & Buckinghamshire, looks ahead.
What’s the outlook for national news media in 2024? Christian Broughton, CEO of The Independent, looks ahead.
Whatever the rest of 2024 holds, two things are certain. Firstly, the bumpy economic ride will continue. Secondly, the need for media companies to have a broad base of revenue streams has never been more important or more challenging to achieve.
How do you create a specialist consumer media business that is fit for the future? What steps do you need to take to be resilient and flexible as audiences and technology evolve? Carolyn Morgan researched 20 innovators from across Europe to find out.
The brand might have just celebrated its centenary but its attention is firmly focused on the future, staying on top of its fragmenting market, diversifying its revenue streams, extending its reach and growing the LTV of its all-important subs.
Academic, public, government, museum, gallery and corporate libraries can now subscribe to the digital edition of Art Quarterly.
Acast has announced The Telegraph’s podcast network has joined its podcast platform.
The Association of Online Publishers survey reveals publishers optimistic for year ahead, with focus on product innovation.
The Mail says its website MailOnline has rolled out a new subscription service that will give readers the chance to enjoy extra articles from its team of journalists.
In the constantly evolving publishing industry, having detailed performance data at your fingertips (and the means to analyse it effectively) can pay big dividends, says Kieran Prince, business development manager at OpenAthens.
The Post says Wells will oversee the next stage of cross-functional business growth, including subscription strategy, partnerships, licensing, and data and analytics.