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How does digital content generate subscribers? Data Journalism Days 2015 Peter Richards 21st May, 2015

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Page 1: Peter Richards - How does digital content generate subscribers?

How does digital

content generate

subscribers?

Data Journalism Days 2015

Peter Richards21st May, 2015

Page 2: Peter Richards - How does digital content generate subscribers?

Piano Subscription Software Powers 632 sites

Page 3: Peter Richards - How does digital content generate subscribers?

Loyalty (x-axis): content loyalty 100+ varies from 10-35%

Attractiveness (y-axis): unique users vary from 50k to 1M

Note: Loyalty 100+ is approximately one visit per day in the quarter analyzed

Content has Different Loyalty & Attractiveness

General news

Auto-moto Opinion

People

SportLifestyle

LifestyleCulture

Sport

0

200000

400000

600000

800000

1000000

1200000

1400000

0.00% 5.00% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00% 40.00%

Un

iqu

e u

sers

Loyalty 100+

Page 4: Peter Richards - How does digital content generate subscribers?

Does Your Content Generate Pageviews?

Analysis of 300 regional newspaper websites

50% of websites studied averaged 3 page views per month per Unique User

• Consider increasing relevance of content offered (e.g. via content recommendations)

• Produce more content from currently “hot” topics (e.g. by monitoring content trends)

• General site improvements (including less ad overloading)

5.2

4.7

4.23.9 3.8

3.4

2.92.6

2.2 2.1 21.7 1.6

95% 90% 80% 75% 70% 60% 50% 40% 30% 25% 20% 10% 5%

March 2015

Page 5: Peter Richards - How does digital content generate subscribers?

How Many Articles Do People Read Monthly?

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

1+ 2+ 3+ 4+ 5+ 6+ 7+ 8+ 9+ 10+ 11+ 12+ 13+ 14+ 15+ 16+ 17+ 18+ 19+ 20+

Sh

are

of

users

Content Consumption

Desktop

Piano DACH Benchmark Desktop60% of your users do not read

Number of full article pages read monthly

Page 6: Peter Richards - How does digital content generate subscribers?

Do Pageviews Convert Users to Subscribers?

To some degree the relationship of PVs per User to conversion is obvious:

• The more people read the more likely they are to hit the paywall

• That relationship confirms the importance of developing your audience and increasing readership

Shows the relationship

of PVs per User to

Subscriber Conversion

Page 7: Peter Richards - How does digital content generate subscribers?

Conversion: What % of Users Pay When Asked?

• 2.82% conversion for the Top 5% / 0.45% conversion for the Top 50%

• Consider A/B testing to simplify the light-box and/or simplifying product offerings

2.82%

1.67%

1.02%

0.85%

0.74%

0.59%

0.45%

0.35%

0.26% 0.23% 0.20% 0.12% 0.07%

95% 90% 80% 75% 70% 60% 50% 40% 30% 25% 20% 10% 5%

Page 8: Peter Richards - How does digital content generate subscribers?

Content Supply-Demand chart

Page 9: Peter Richards - How does digital content generate subscribers?

What Content Is Popular Right Now?

Page 10: Peter Richards - How does digital content generate subscribers?

What Is User X Reading at This Moment?

Page 11: Peter Richards - How does digital content generate subscribers?

Increase Relevance of Content to Increase Session Time

Content Recommendations in Real Time

Page 12: Peter Richards - How does digital content generate subscribers?

This publisher was the first major newspaper to implement a paywall in 1997

Challenge

• Publisher experienced lack of targeting capabilities with their existing ad

platform(s), hence losing out on potential revenue

• They also found their existing solutions too complex and were not able to

manage their own campaigns

• Licensed software to increase subscriptions by offering more advanced

targeting capabilities and to act as an advisor for increasing their

subscriber base

Leading US business-focused publisher

Increase your Subscriber Base with Targeted Promotions

Page 13: Peter Richards - How does digital content generate subscribers?

• Implemented personalized content

recommendations to drive more engagement

• Performed multiple analyses to identify

segments with higher propensity to buy

• Replaced all existing ad spaces and

implemented targeted campaigns towards

these segments

529%Increase in CTR on

targeted campaigns

2.3MNon-subscribers have

clicked once or more on

the promotions

Doubling User Conversion Rates

Page 14: Peter Richards - How does digital content generate subscribers?

CONTACT US

EMEA: +421 233 046 928

North / South America: +1 212 332 6405

DACH: +43 603 269 782

MENA / Africa: +421 233 046 928

[email protected]

Thank You