New Scientist – our subs journey
The New Scientist is a subs success story. During the pandemic, the title boasted double-digit acquisition growth, but when growth began to slow, it became clear that a new strategy was needed.
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.
The New Scientist is a subs success story. During the pandemic, the title boasted double-digit acquisition growth, but when growth began to slow, it became clear that a new strategy was needed.
There was no sugar coating it at the recent SoE conference. The press faces a number of considerable challenges – rising costs, the implications of AI and an increasingly difficult to deal with police force.
The simple yet brilliant Venn Diagram underpins the marketing software used by today’s subs marketers.
The Financial Times has acquired a controlling stake in Endpoints News, a source of news and analysis for the biopharmaceutical industry.
After eight years, gal-dem has announced that it will be closing.
WAN-IFRA have shared this year's list of finalists for Digital Media Awards Europe.
Telegraph Media Group has announced the acquisition of The Chelsea Magazine Company, an independent publisher of lifestyle content.
Film journal A Rabbit's Foot has announced the launch of a complete digital archive available for subscription.
Last week Ace revealed the short list for its forthcoming Newspaper and Magazine Awards.
A new dedicated app for Telegraph Puzzles has been launched with enhanced features and a user-friendly format.
Poool have announced the release of their conversion funnel benchmark report.
Readly has announced that it is expanding its catalogue with 39 titles from BurdaVerlag.
The latest Digital Publishers’ Revenue Index reveals that publishers’ digital revenue was up by 3% in Q4 2022.
Readly, a digital magazine and newspaper subscription app, has partnered with Unidays, one of the world’s largest student identity platforms.
Musicals, a new magazine from Mark Allen Group, is available for digital subscription through publishing service platform Exact Editions.