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How to grow 50% in digital subscriptions

Thinker und Maker at Namics
Mar. 26, 2019
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How to grow 50% in digital subscriptions

  1. How to grow 50% in digital subscriptions SGKM 2019 — St.Gallen, April 4th 2019 Marc Isler, tamedia Jürg Stuker, Namics E-Business. Namics.
  2. SGKM 2019 — How to grow 50% in digital subscriptions Today we are not speaking about... Smart Speaker Blockchain Augmented Reality Virtual Reality 2 E-Business. Namics.
  3. 3 Creation of real user value1. Business centered design2. Simplification of the sales-channel3. Learnings & Discussion4. ...but about real levers of subscription growth SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics.
  4. 4 But some common sense first • We are all consumers. Why do we have a tendency to ignore this in our daily business context? • Innovation is an exciting word... but most of the time it’s just about doing the homework • Avoiding risk is much too risky in a fast changing environment • Simply belief the numbers... SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics.
  5. 1. Creation of real user value 5 SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics.
  6. It’s content that turns users into customers SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics. 6
  7. Over 3’000 new users per day convert because of our content Investigative Revelation Practical Service Info Personal Fate Regional Sports Anxiety Social SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics. 7
  8. To nurture engagement we are (re-)using our “abo+” articles SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics. 8
  9. CASUAL READERS new visitors 1x month, 2:08 Min, reading 2.3 articles. < 40 years old. Challenge - or huge potential? Only 3% of our visitors are subscribers, 60% are just visiting once per month 9 Source: Google Analytics, Newsnet & ZRZ titles LOYAL READERS returning visitors 4x per month, 3:41 Min, reading 3 articles. More App BRAND LOVERS frequent visitors Daily, 4:53 Min, reading 3 articles > 45 years old. SUBSCRIBERS digital subscribers Every 2nd day, 6:26 Min, reading 4 articles. More tablet %Visitors 60% 34% 3% 3% SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics.
  10. New subscription types lead to growth in new segments Day Pass for “casual readers” CHF 2.- to get access for 24 hours In-App subscription for “loyal readers” CHF 9.- / Month In-App Purchase Automatic renewal SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics. 10
  11. +43% subscription growth; plus 100’000 daypasses sold 55.813 49.245 Dez.-17 Jan May 64.051 MarcFeb JulyApr Jun 62.245 Aug Sep Oct Nov Dec 50.930 60.749 52.594 70.513 55.843 57.366 58.150 59.759 65.280 +43% Mobile Abo DigitalDigital Light Weekend 12 App SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics. 11
  12. 2. Business centered design 12 SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics.
  13. 13 Design is far too important to be left to designers ⎯ Raymond Loewy, Industrial Designer ” E-Business. Namics. 13
  14. Step 1: Embrace the change SGKM 2019 — How to grow 50% in digital subscriptions 14 E-Business. Namics. CLIENTS PRODUCTS & SERVICES COMPANY Digitalization changes Clients expectations, requirements, needs and their behavior. In reaction Products & Services and business models and have to be adapted or newly invented. A the core of the Company processes, organizational structure and culture has to change.
  15. Step 2: From insights (only) to action SGKM 2019 — How to grow 50% in digital subscriptions 15 E-Business. Namics. Understand internal processes and internal customer segmentation. Deep dive into customer perspective, understand customer journey and customer pain points. Scale up and validate hypotheses with a representative sample. ONBOARDING QUALITATIVE INTERVIEWS QUANTITATIVE INTERVIEWS DATA ANALYSIS PERSONAS & CUSTOMER JOURNEYS Reduce complexity by clustering customers into segments. Characterize customer segments. Inside-Out Outside-In ...
  16. Step 3: Act on numbers SGKM 2019 — How to grow 50% in digital subscriptions 16 E-Business. Namics. Key performance indicators % mail form abandonment # interaction with (specific) mail action # contact score = search subscription + detail view > 1 # calls interaction simple contact form interaction attractive product listing extensive offering Goals Success factors Activitiescontact form create search subscription floor plan phone call watchlist personalized offers User engagement contact requests # successfully transmitted mail forms App installations
  17. Step 4: Test, learn & adapt SGKM 2019 — How to grow 50% in digital subscriptions 17 E-Business. Namics. 3. CHECK 4. ACT 1. PLAN 2. DO https://en.wikipedia.org/wiki/PDCA, based on Walter A. Shewart (1939)
  18. 3. Simplification of the sales-channel 18 SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics.
  19. Where is spending money a positive experience? SGKM 2019 — How to grow 50% in digital subscriptions 19 E-Business. Namics.
  20. Checkout tagesanzeiger.ch 2018 (1/3) SGKM 2019 — How to grow 50% in digital subscriptions 20 E-Business. Namics.
  21. Checkout tagesanzeiger.ch 2018 (2/3) SGKM 2019 — How to grow 50% in digital subscriptions 21 E-Business. Namics.
  22. Checkout tagesanzeiger.ch 2018 (3/3) SGKM 2019 — How to grow 50% in digital subscriptions 22 E-Business. Namics.
  23. Checkout tagesanzeiger.ch 2018 Registration Name + Address Payment Option Overview + Voucher -65.66% -28.65% -10.49% SGKM 2019 — How to grow 50% in digital subscriptions 23 E-Business. Namics.
  24. Checkout tagesanzeiger 2019: Only eMail, no further details SGKM 2019 — How to grow 50% in digital subscriptions 24 E-Business. Namics.
  25. 14% 28% Conversion rate doubled thanks to new checkout Old Checkout New Checkout But, it’s only step one in our journey... SGKM 2019 — How to grow 50% in digital subscriptions 25 E-Business. Namics.
  26. 4. Learnings & Discussion 26 SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics.
  27. 27 Make use of content to sell subscriptions. Test, learn & adapt. Simplify your buying experience. There are no IT/legal/etc limitations. Clarify responsibilities. Who drives the full digital experience? Learnings SGKM 2019 — How to grow 50% in digital subscriptions E-Business. Namics. Use your products and services yourself as an ordinary customer
  28. Marc Isler, tamedia Chief Revenue Officer, Digital Paid Media marc.isler@tamedia.ch Jürg Stuker, Namics Senior Principal Consultant juerg.stuker@namics.com SGKM 2019 — St.Gallen, April 4th 2019 E-Business. Namics.
  29. Montag Map E-Business. Namics.
  30. Dienstag Sketch E-Business. Namics.
  31. Mittwoch Decide E-Business. Namics.
  32. Donnerstag Prototype E-Business. Namics.
  33. Freitag Test E-Business. Namics.
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