Local Recall goes live
Archant has announced the launch of Local Recall, a project to digitise 150 years of archived newspapers and make them widely available online via voice activated services.
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.
Archant has announced the launch of Local Recall, a project to digitise 150 years of archived newspapers and make them widely available online via voice activated services.
Guardian Media Group yesterday announced statutory results for the 12 months to 29 March 2020 along with a proposed 12% reduction in headcount.
The Chelsea Magazine Company has consolidated its foothold in Scotland by acquiring two Scottish magazine titles, Scottish Life and The Highlander.
Regional publisher JPIMedia has become the latest to announce it is putting more of its papers behind a pay wall online.
Informa has published an update on trading to coincide with its Annual General Meeting in London.
MPP Global is partnering with Accedo to provide its subscriber management and billing platform to enterprise media organisations looking to take advantage of the new Accedo One platform.
Waterways World, a canal magazine, has bolstered its digital presence with a revamped website.
The Guardian has gained 200,000 new supporters in the three months over the coronavirus pandemic, editor Katharine Viner told the Media Show.
Collingwood Advisory has completed a survey of Founders and CEOs of independent media businesses to understand their challenges and priorities through the Covid-19 pandemic.
The Telegraph has announced that all staff have now returned to full salary and 5 day working and that it has stopped using the Government’s job retention scheme.
The Spectator magazine has announced that it is withdrawing from the government furlough scheme and that it will be returning the money.
Re-Edition, a fashion and culture magazine, is now available for digital subscription through archiving company Exact Editions.
AgriBriefing, a B2B farming intelligence company, has grown rapidly since its launch, by buying businesses and then challenging those businesses to think differently about the way they do things. As Rory Brown tells Ciar Byrne, it’s all about changin
As the year began, Neil Fowler believed the nation’s licence-funded broadcaster, under pressure from the new government to justify its role, was making the same mistakes that the regional and local press made in the early 2000s.
The economic impact of the world’s response to the deadly novel coronavirus may be even more devastating than the public health impact. Carolyn Morgan assesses the likely legacy of the virus.