Digital audio revenues up 500% in Q1 2022
The latest Digital Publishers’ Revenue Index (DPRI) from the AOP and Deloitte has revealed digital revenue grew 18%.
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 latest Digital Publishers’ Revenue Index (DPRI) from the AOP and Deloitte has revealed digital revenue grew 18%.
Telegraph Media Group (TMG) last week published a trading statement for the financial year to December 2021.
The Queen and her Corgi featured on the front of The Lady magazine has been voted favourite Queen Elizabeth cover according to a poll by Readly.
James Evelegh looks at some of the main takeaways from the recent ‘How publishers can generate ROI from community’ webinar.
The winners of the 2022 ACE Newspaper & Magazine Awards were announced at a ceremony at the London Marriott Grosvenor Square on 12 May.
The Independent has announced the launch of the new “feature-filled” Independent App.
News Corporation last week reported financial results for the three months ended March 31, 2022.
Readly has named fischerAppelt as their new branding and creative agency and together have just launched a new marketing campaign.
Readly has announced that Mats Brandt has been appointed permanent President and CEO.
Virgin Red, Virgin’s rewards club, has partnered with Readly to offer members up to 750 Virgin Points and their first month free when they sign-up to Readly through Virgin Red.
James Evelegh picks out some takeaways from the March / April issue of InPublishing magazine.
MPP Global has appointed Jeff Spies as Head of Subscription Management, tasked with shaping and leading the delivery of their subscription management strategy and product roadmap.
Earlier this year, the Association of Online Publishers conducted a survey – Digital Publishing; Meeting the Future. Here, Richard Reeves, the AOP’s managing director, summarises the main findings from the research.
Email newsletters play an important role in increasing engagement and building loyalty, but it’s a competitive space. With the rise of platforms like Substack, some newsletter editors even find themselves competing with erstwhile colleagues.
More and more newspapers are exploring digital subscriptions, writes James Evelegh. One such is The National in Wales…