Readly partners with fashion retailer H&M
Readly, a digital subscription app, has teamed up with fashion brand H&M to offer H&M customers an exclusive offer.
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.
Readly, a digital subscription app, has teamed up with fashion brand H&M to offer H&M customers an exclusive offer.
Zach Everson joins Forbes’ “Journalist Entrepreneurs” initiative and launches a new premium newsletter titled “Checks & Imbalances”.
Rusted Radishes: Beirut Literary and Art Journal has launched a digital edition through the Exact Editions platform.
With The Publishing Show taking place later this month, we grab five minutes with Julian Agostini, MD of organisers Mash Media, to get his views on where the publishing sector is heading.
The latest campaign from The Times & The Sunday Times invites people to discover the wealth of stories and features offered with a digital subscription to the title.
Gardens Illustrated is celebrating its 300th issue this month and 37 of its original subscribers will be receiving a goody bag.
Specialist consumer magazine publisher Silverback Publishing has launched new digital archives of four titles in collaboration with the Exact Editions platform.
Air Business has announced that Paul Hatch has joined the group as Customer Experience Director for Air Business Subscriptions.
This week, The Telegraph celebrates 25 years of its subscription model.
Railway enthusiasts can now sign up for World of Railways Plus membership, a new kind of digital package available through Warners Group Publications.
Readly has announced the election of Stefan Betzold to Readly's board of directors following its Annual General Meeting.
At the recent PPA Leadership Summit, Richard Neville gave attendees an insight into DC Thomson Media’s Programme Apollo project.
The Cricketer Publishing Ltd (TCPL), publisher of The Cricketer which recently celebrated its centenary, has acquired the subscription management platform Oak Software.
Newsquest, a local media group, has announced a major new £1.5m per annum investment in local journalism with the recruitment of 50 new digital journalist roles across the UK.
The Telegraph has launched a new version of its app, combining the daily edition of The Telegraph newspaper with 24-hour news, comment, analysis, and features.