My wish list for the 20s
The end of the decade is upon us. What are your hopes for the twenties? James Evelegh has five wishes…
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 end of the decade is upon us. What are your hopes for the twenties? James Evelegh has five wishes…
Cafeyn, an information streaming service, has announced a partnership with O2, a mobile phone network.
The end of the year is always a good time to take stock. What are the big trends shaping the publishing sector and what should we be looking out for next year? We ask AdvantageCS’s Philippe van Mastrigt for his insights.
The November / December issue of InPublishing magazine has just been published. James Evelegh lists eight key takeaways from the issue.
The London Review of Books, which celebrates its 40th birthday this year, is clearly doing something right. It is sellng almost 30k more print copies than it did ten years ago. One of the reasons is their emphasis on slow and sustainable growth.
The Jewish Chronicle has a circulation of just over 20,000 but, as the voice of the UK’s Jewish community since 1841, its voice carries far. Ray Snoddy talks to editor Stephen Pollard about the challenges he faces, both political and publishing.
A year of political turmoil, but what happened in the publishing world? James Evelegh picks four things that stood out for him.
Managing a subscription file effectively and profitably demands great data insights. Abi Spooner tells us which data she finds most helpful and how she goes about harnessing it.
Staff numbers have more than halved since 2008 at Isle of Man Newspapers, while copy sales are down 40%. But editor Richard Butt remains one of the UK’s most positive journalists. Steve Dyson finds out why.
Two thirds of people in the UK believe their trust is being compromised with fake news and that it is here to stay, with exposure to ‘fake news’ set to increase over the next year, according to new research from Readly.
Digital publishing revenues declined to £113.1m in Q2 2019, a 3.7% fall in comparison to Q2 2018, according to the latest Digital Publishers Revenue Index (DPRI).
In a world where people are drowning in content, much of it of dubious quality, digital editions from credible publishers can cut-through the noise. We grab five minutes with BlueToad’s Paul DeHart to talk about the latest trends in digital editions.
LeKiosk, a European information streaming platform, is rebranding as “Cafeyn”.
Are you charging for your content yet? If you’re not asking for money or data, warned Juan Señor at the PPA conference last week, then it’s game over.
Engaged subscribers spend more and stay with you longer. They are the bedrock of any successful subs business. Ben Wood talked about Risk.net’s subs operation at the recent AOP Summit.