FT.com to offer PayPal option
The Financial Times has announced that it has introduced PayPal as a payment option to help facilitate subscription payments on FT.com.
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 Financial Times has announced that it has introduced PayPal as a payment option to help facilitate subscription payments on FT.com.
Reform, the monthly magazine published by the United Reformed Church, has appointed Alliance Media to handle its subscription marketing, management and fulfilment.
Sight & Sound, the British Film Institute's monthly magazine, has appointed Alliance Media to handle its subscription management and fulfilment.
The latest Media Pioneer award winner is Songlines. Carolyn Morgan of the Specialist Media Show looks at how Songlines has found new readers through retail partnerships.
CDS Global has announced that they will be providing subscription fulfilment and customer management services to HELLO! Magazine in the UK.
Even as the sturm und drang surrounding publishers’ wrangles with Apple over how iPad-based subscriptions will be sold continues, writes Karlene Lukovitz, the entrepreneurs behind new, digital-only publishing venture Nomad Enterprises say they have z
The UK digital publishing industry demonstrates that it is embracing innovation, as emerging technologies are at the heart of business development plans over the next 12 months, according to the latest Association of Online Publishers (AOP) Content a
YUDU Media has unveiled what it claims is the first iPad subscriptions solution, the “only real solution available to publishers looking to sell multiple time-sensitive titles”.
BBC Magazines Bristol has announced that its successful international title BBC Knowledge Magazine will be made available in the UK from issue 14, on sale 13 October 2010.
While many traditional media owners continue to wrangle with transitioning their businesses online, Trinity Mirror have been busily launching new initiatives, and, says Paul Hood, the focus has been resolutely on creating high quality and highly enga
Generations of Londoners have grown up relying on Time Out to help plan their leisure time. The brand name and its values are instantly recognised and trusted, but it’s no longer the only kid on the listings block. Meg Carter talks to publisher Mark
The question every print publisher should be asking themselves, says Mark Edwards, is “What would this product be if we started it today?” If the answer doesn’t involve print, then it’s probably best to start thinking about migrating online.
While their release of new iPad apps continues apace, magazine publishers are at loggerheads with Apple over subscription models, writes Karlene Lukovitz.
The world of newspaper subscriptions has changed dramatically over the last few years, reflecting the broader shifts in publishing strategy. David Greene looks at the evolving subs model and has some advice for those newspaper publishers wanting to b
As the US faces a tight subscription market, newspaper and magazine publishers must also now wear the hat of “media provider” by supplementing their print offerings. Circulation marketers, in turn, must also evolve and turn the idea of “savings” on i