Reach publishes interim results
Reach plc has published interim results for the 26 weeks to 27 June.
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.
Reach plc has published interim results for the 26 weeks to 27 June.
Immediate Media’s craft titles have enjoyed spectacular success over the last year. How did they do it?
American educational music publication In Tune Monthly has launched subscriptions to a digital archive of issues on the Exact Editions platform.
North American political magazine The Progressive has launched a new digital archive of issues on the Exact Editions platform.
At a recent AOP Crunch event, panellists discussed their strategies for increasing reader revenues.
Readly has teamed up with the UK’s largest rail operator to offer commuters, day-trippers and holidaymakers free unlimited digital magazine and newspaper reading.
Newspapers are a relatively new addition to the Readly platform, having launched in the UK last year. Since then, says Readly’s Chris Couchman, they’ve been in a constant process of learning.
The Reuters Institute Digital News Report has found that the coronavirus pandemic has driven the need for trusted and reliable news, with news brands seeing a rise in subscriptions and trust.
Demand for health and fitness content grew hugely during the pandemic. The challenge for publishers was how to meet that demand when existing routes to market were hit by lockdown. Hearst UK’s Matt Hayes tells us what they did.
MPP Global has announced a strategic partnership with Zephr to provide publishers with a joint solution that optimises subscription revenues across print and digital channels.
Passion powers BSME Editor of the Year Loma-Ann Marks – passion for antiques and vintage, accessibility, inclusivity and editing, writes Meg Carter.
The pandemic’s toll on traditional US media has been severe and, not surprisingly, most deadly for newspapers and smaller magazine media companies, writes Karlene Lukovitz.
The last few years has seen a subtle but significant shift at The Economist, as the publisher has adopted a more product-led, outcome-driven approach. Meg Carter finds out more from Chief Product Officer Deep Bagchee.
The pandemic has forced many publishers, large and small, to re-evaluate their business models and find new ways of making money. Carolyn Morgan looks at what we can learn from the activities of six publishers.
Individual and institutional digital subscriptions to the complete archive of The Jewish Quarterly are now available following the publication’s relaunch in 2021.