Centaur publishes preliminary results
Centaur Media Plc, the business to business information, insight and events group, last week published its preliminary results for the year ended 31 December 2016.
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.
Centaur Media Plc, the business to business information, insight and events group, last week published its preliminary results for the year ended 31 December 2016.
For B2B publishers, the big money is increasingly to be found in the provision of high value data products and services. The approach and skills required are very different to the traditional publishing model, but, writes Carolyn Morgan, the potentia
The Subscription Economy is growing and extending well beyond media and entertainment. The Recurring Revenue Model (RRM) is now an accepted part of a range of both consumer and B2B markets. Yet, writes Jim Bilton, that brings new challenges for publi
Readly, the digital magazine newsstand, is partnering with the fast-food restaurant chain by giving away one-month free-trial subscriptions as part of the annual McDonald’s Monopoly promotion.
The Financial Times revealed a refreshed FT Weekend on Saturday, complete with a global brand marketing push and a new print and digital subscription bundle that combines premium digital access to FT.com and delivery of the Saturday newspaper.
STIR, the quarterly magazine on new economics and community action, has launched a brand new digital edition together with complete archive, in partnership with Exact Editions.
Sun Savers launched in The Scottish Sun on Saturday (4 March) – a brand new loyalty club which will give readers £5 cash for every 28 papers they buy.
Trinity Mirror titles Liverpool Echo and Gazette Live are introducing premium football content for fans of Liverpool FC and Middlesbrough FC, called Anfield Extra and Gazette Boro Premium respectively.
Trinity Mirror plc has published its annual results for the 53 weeks ended 1 January 2017.
Johnston Press has today published a trading updater for 2016 and reports “Strong margins, improved circulation for i and good progress against strategic priorities”.
Colin Morrison's article in the Publishing Partners Guide 2017
David Hepworth on magazines and beyond
At the end of November, the PPA held its annual Customer Direct Conference in London. The theme of the day was the customer journey. James Evelegh was there.
Jewish Chronicle (JC), has completed the move of their weekly newspaper onto Abacus e-Media’s ADvance platform with social sign on integration.
McClatchy, owner of media companies in 29 U.S. markets in 14 states, has selected MPP Global to support its digital initiatives to drive audience engagement turning casual consumers into paid subscribers.