Five Essential (but Non-Conventional) Audience KPIs
1. 5 Essential (But Non-Conventional) Audience KPIs
Daniel L. Williams | Chief Executive Officer | Leap Media Solutions
And why you should be tracking them to
measure audience engagement and growth
2. Strategic Imperative
Active subscriber households
Fully-activated
Members
Retention Lift
Inland Press Association | 5 Essential But Non-Conventional KPIs
Customer relationships have become highly contextualized
Shift from an address-based to a user-based business model
Consumer monetization is taking on increasing importance
New and evolving ways to monetize audience (directly and indirectly)
The “Information Age” has given way to the “Attention Age”
Loyal readers engage brands across multiple publishing platforms
Newsmedia is well-positioned to capitalize on this strategic advantage
4. #1: Total registered site visitors
Registration is a mechanism to establish a customer relationship among otherwise anonymous readers.
Inland Press Association | 5 Essential But Non-Conventional KPIs
5. Registration offers insight out of anonymous users
Inland Press Association | 5 Essential But Non-Conventional KPIs
6. Registration establishes a customer relationship
Active subscriber households
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
Registered Users of TheDay.com (Past 3 Years)
Registered Users
Registered users of TheDay.com have grown +500% since the September 2011 launch of its membership model
Inland Press Association | 5 Essential But Non-Conventional KPIs
7. Registered users become qualified prospects
Inland Press Association | 5 Essential But Non-Conventional KPIs
9. #2: Percent of subscribers with valid email
Registration is a mechanism to establish a customer relationship among otherwise anonymous readers.
Email is a cost-effective and (for most) the preferred method of communication relating to content, renewal and loyalty marketing
Inland Press Association | 5 Essential But Non-Conventional KPIs
10. Subscribers with email are more apt to engage
Inland Press Association | 5 Essential But Non-Conventional KPIs
Valid, deliverable emails exist on 57% of active subscriptions at The Day Publishing Company
11. Sub emails enable proactive lifecycle management
Inland Press Association | 5 Essential But Non-Conventional KPIs
12. …which drives renewal conversions
Inland Press Association | 5 Essential But Non-Conventional KPIs
15. Percent fully-activated customers
Registration is a mechanism to establish a customer relationship among otherwise anonymous readers.
Email is a cost-effective and (for many) a preferred method of communication
Progressive marketing opportunity (i.e. maximized relationship)
Inland Press Association | 5 Essential But Non-Conventional KPIs
16. Progressive activation drives customer intelligence
Inland Press Association | 5 Essential But Non-Conventional KPIs
Jim Smith is a daily subscriber who lives at 23 Day Hill Road in Lyme, CT
He registers on TheDay.com as jim.smith@gmail.com
He links his daily subscription to his online profile to activate all-access
He RSVPs and attends the Mohegan Sun Winefest VIP member-only event
He signs on for the Daily Headlines, Monday Business and Thursday Events e-newsletters
He purchases a discounted car detailing offer through Deal of The Day
19. Email by lifestyle interests
Registration is a mechanism to establish a customer relationship among otherwise anonymous readers.
Email is a cost-effective and (for many) a preferred method of communication
Progressive marketing opportunity (i.e. maximized relationship)
Monetize audiences through sponsored content and other channels
Inland Press Association | 5 Essential But Non-Conventional KPIs
20. Customers can share interest data several ways
EMAIL DATABASE
SUBS (Subscribers)
DIGITAL (Registrations)
WEB FORMS
(Signups/Updates)
Inland Press Association | 5 Essential But Non-Conventional KPIs
21. Matching email to address provides useful insight
An email associated to a physical address provides insight on household demographic characteristics and lifestyle interests that become useful for affinity content marketing and relevant, targeted advertising services.
Inland Press Association | 5 Essential But Non-Conventional KPIs
24. Affinity content generates revenue & brand loyalty
Affinity content e-newsletters average 23% open rates and 15% click-return rates. Sponsored ad positions are being sold for $10-12/M on 13-week flights.
Inland Press Association | 5 Essential But Non-Conventional KPIs
26. Total revenue per digital customer record (DCR)
Registration is a mechanism to establish a customer relationship among otherwise anonymous readers.
Email is a cost-effective and (for many) a preferred method of communication
Progressive marketing opportunity (i.e. maximized relationship)
Monetize audiences through sponsored content and other channels
Holistic view toward consumer monetization, accounting for digital advertising, content, deals, contests, newsletters and advertising services
Inland Press Association | 5 Essential But Non-Conventional KPIs
27. Digital consumer revenues come in many forms
CATEGORY
2010
2011
2012
2013
Digital Advertising Revenue
1,500,000
1,600,000
1,725,000
1,850,000
Digital Content Revenue
-
30,000
125,000
160,000
Contest Marketing Revenue
10,000
95,000
115,000
87,500
Daily Deals Revenue
35,000
87,500
112,500
82,500
E-Newsletters Revenue
-
33,000
98,000
255,000
Ad Campaign Services Revenue
-
45,000
55,000
225,000
Total Annual Digital Revenues
1,545,000
1,890,500
2,230,500
2,660,000
Unique Digital Consumer Records (DCR)
12,132
32,249
48,975
58,642
Total Average Revenue/DCR
$127.35
$58.62
$45.54
$45.36
Inland Press Association | 5 Essential But Non-Conventional KPIs
28. Incremental revenue per DCR is substantial
CATEGORY
2010 (Baseline)
2011
2012
2013
Digital Advertising Revenue
1,500,000
+100,000
+125,000
+125,000
Digital Content Revenue
-
+30,000
+95,000
+35,000
Contest Marketing Revenue
10,000
+85,000
+20,000
(27,500)
Daily Deals Revenue
35,000
+52,500
+25,000
(30,000)
E-Newsletters Revenue
-
+33,000
+65,000
+157,000
Ad Campaign Services Revenue
-
+45,000
+10,000
+170,000
Incremental Digital Revenue Growth
1,545,000
+345,500
+340,000
+429,500
Incremental DCR Growth
-
+20,117
+16,726
+9,667
Incremental Revenue per DCR
-
+$17.17
+$20.32
+$44.43
Inland Press Association | 5 Essential But Non-Conventional KPIs
30. 5 essential (but non-conventional) audience KPIs
Inland Press Association | 5 Essential But Non-Conventional KPIs
1. Total registered site users Registration is a mechanism to establish a customer relationship among otherwise anonymous readers
2. Percent of subscribers with valid email Email is a cost-effective and (for many) a preferred method of communication
3. Percent of “fully-activated” customers Progressive marketing opportunity (i.e. maximizing the customer relationship)
4. Email by lifestyle interests Monetize audiences through sponsored content and other channels
5. Revenue per digital customer record (DCR) Holistic view toward consumer monetization, accounting for digital advertising, content, deals, contests, newsletters and advertising services
31. Thank You
Dan Williams, Chief Executive Officer
Leap Media Solutions, LLC
860.710.5323 | 860.710.5942
daniel.williams@leapmediasolutions.com
www.leapmediasolutions.com