Emap completes move of five brands to ESco
ESco has just completed the migration of five brands from another bureau to ESco’s own subscription team for Emap Publishing.
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.
ESco has just completed the migration of five brands from another bureau to ESco’s own subscription team for Emap Publishing.
Mark Allen Group title Choir & Organ has completed its digital archive in collaboration with digital publishing company Exact Editions.
ESco has successfully migrated NME and Uncut to ESco as part of the recent purchase by existing client BandLab UK Ltd.
Last week, The Atlantic launched a digital subscription service, making available three new subscription plans and introducing a metered model on the site.
Quarterly publication Tribal Art Magazine has joined forces with digital publishing company Exact Editions to create a new fully-searchable archive of back issues.
Comprising over 50 issues spanning 5 years, as well as each new issue published, the title can now be perused digitally on web, iOS and Android as part of a recent collaboration with Exact Editions.
The Financial Times is leading a new Series B investment round in The Business of Fashion, investing alongside Index Ventures and Felix Capital, who led the Seed and Series A rounds, respectively.
News UK have announced a new digital milestone with The Times and The Sunday Times surpassing 300,000 digital-only paid subscribers.
Guardian Media Group (GMG) this week announced statutory results for the 12 months to 31 March 2019.
Bloomberg TV+ will be available in high definition and 4K ultra high definition.
Anthem, the Bath-based health and wellbeing publisher, last week launched its first premium, paid-for video training course.
Hearst UK has pledged to replace plastic magazine bags with sustainably-sourced paper wraps on subscriber copies by January 2020.
Redan Publishing, a children’s magazine publisher, has launched a new educational magazine for boys and girls aged 4-7 years old, called I Know!
Bi-annual magazine Cornucopia has joined forces with digital publishing platform Exact Editions to offer individual and institutional subscribers access to an archive of 15 back issues.
In an age of information overload, with so much of it of dubious provenance, the i newspaper has found a niche with its commitment to brevity, quality and not telling its readers what to think. Editor Oliver Duff talks to Ray Snoddy.