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News Revenue Hub
Building Trust, Relationships & Revenue
Who Am I and What Do I Do?
Mary Walter-Brown
Publisher/COO, Voice of San Diego: 2011 – 2017
Founder/CEO, News Revenue Hub: 2017
What is the News Revenue Hub?
Ø Provides centralized management of revenue generating
programs for other news sites – specifically membership
Ø Participating news outlets include InsideClimate News,
Politifact, NJ Spotlight, The Lens, Honolulu Civil Beat, The
Marshall Project, The Rivard Report, The Intercept, Youth
Radio, CALmatters
Ø Raised more than $1 million for five clients in first six
months.
Why Are Members Important?
Ø Provide a predictable revenue stream
Ø Breeding ground for major donors/investors, sponsors and in-kind
services
Ø Serve as focus groups and keep us grounded
Ø Evangelize
What Are Members?
Ø Members are people who give us money every year to support the
public service we provide.
Ø They value investigative reporting and accountability journalism.
Ø They understand and accept their role in making it possible.
Ø Members are a rare breed.
Is Membership Right for You?
Ø  Do you need more money? Remember: membership is a breeding ground for major
donors/investors, sponsors and in-kind services.
Ø  Do you have a loyal audience who appreciates your work and recognizes that you’re
producing it?
Ø  Can you implement the tech tools needed to support your strategy?
Ø  Can you add lead acquisition features to your publication designed to add
prospects to your pipeline?
Ø  Do you have a team who can commit to managing a membership program?
10 Steps to Starting a Membership Program
STEP 1: DATABASE
Ø Install SalesForce or a good CRM (customer relationship
management tool)
Ø Migrate all existing contacts into CRM: subscribers, events, contests,
commenters…
Ø Clean up and maintain good data – accurate messaging crucial
10 Steps to Starting a Membership Program
STEP 2: EMAIL
Ø Set up email software: MailChimp
Ø Integrates with SalesForce
Ø Allows for automation
Ø Effective lead generation
10 Steps to Starting a Membership Program
STEP 3: DONATION PROCESSOR
Ø Recommendation: Stripe
Ø Integrates with SalesForce
Ø Low friction donation process
Ø Encourages recurring donations
10 Steps to Starting a Membership Program
STEP 4: AUDIENCE SURVEY
Ø Demographics and news consumption habits
Ø How much they value your org/content and why
•  If you ceased to exist…
•  One word to describe…
•  What would convince them to support you?
Ø What products/benefits do they value?
10 Steps to Starting a Membership Program
STEP 5: TAKE INVENTORY OF EXISTING PRODUCTS
Ø Content
Ø Newsletters
Ø News Alerts
Ø Social Media
Ø Events
Ø Podcasts
Ø Video
10 Steps to Starting a Membership Program
STEP 6: EXCLUSIVE BENEFITS
Ø  Member Report – monthly email blast/insert from Editor/Publisher
Ø  Member Coffee
Ø  Brews & News
Ø  Perks, Coupons, Branded Swag
Ø  Special Events: tours, parties, breakfasts, lunch, dinner with reporters/editors
*** Make it about access, experiences and relationship building!
10 Steps to Starting a Membership Program
STEP 7: PACAKGE BENEFITS TIERS
Ø Informed - $35 - $99
Ø Involved - $100 - $499
Ø Engaged - $500 - $999
Ø Invested - $1,000 and above
10 Steps to Starting a Membership Program
STEP 8: DEVELOP MEMBERSHIP STORY AND BRAND
I	Am	the	Voice	of	San	Diego
10 Steps to Starting a Membership Program
STEP 9: CREATE MEMBERSHIP PAGE
10 Steps to Starting a Membership Program
STEP 10: DEVELOPMENT RECRUITMENT/RETENTION PLAN
Potential Member Strategy:
Ø 3 touches per month promoting membership, products, access and events
Current Member Strategy:
Ø Quarterly Impact Report detailing the impact of our reporting and ROI on their investment
Ø Monthly Member Report
Ø Renewal reminders at 90, 60, 30 days prior to expiration
Ø We Miss You reminder after expiration
Lessons Learned
Ø Engage people in your story
Ø Choose benefits you can easily fulfill
Ø Don’t underestimate the importance of CRM
Ø Be consistent and aggressive
Ø It pays to get to know your members
QUESTIONS?
Mary Walter-Brown
mary@fundjournalism.org
@mwbvosd

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Revenue Roundup: A Look At Digital Income — Mary Walter-Brown

  • 1. News Revenue Hub Building Trust, Relationships & Revenue
  • 2. Who Am I and What Do I Do? Mary Walter-Brown Publisher/COO, Voice of San Diego: 2011 – 2017 Founder/CEO, News Revenue Hub: 2017
  • 3. What is the News Revenue Hub? Ø Provides centralized management of revenue generating programs for other news sites – specifically membership Ø Participating news outlets include InsideClimate News, Politifact, NJ Spotlight, The Lens, Honolulu Civil Beat, The Marshall Project, The Rivard Report, The Intercept, Youth Radio, CALmatters Ø Raised more than $1 million for five clients in first six months.
  • 4. Why Are Members Important? Ø Provide a predictable revenue stream Ø Breeding ground for major donors/investors, sponsors and in-kind services Ø Serve as focus groups and keep us grounded Ø Evangelize
  • 5. What Are Members? Ø Members are people who give us money every year to support the public service we provide. Ø They value investigative reporting and accountability journalism. Ø They understand and accept their role in making it possible. Ø Members are a rare breed.
  • 6. Is Membership Right for You? Ø  Do you need more money? Remember: membership is a breeding ground for major donors/investors, sponsors and in-kind services. Ø  Do you have a loyal audience who appreciates your work and recognizes that you’re producing it? Ø  Can you implement the tech tools needed to support your strategy? Ø  Can you add lead acquisition features to your publication designed to add prospects to your pipeline? Ø  Do you have a team who can commit to managing a membership program?
  • 7. 10 Steps to Starting a Membership Program STEP 1: DATABASE Ø Install SalesForce or a good CRM (customer relationship management tool) Ø Migrate all existing contacts into CRM: subscribers, events, contests, commenters… Ø Clean up and maintain good data – accurate messaging crucial
  • 8. 10 Steps to Starting a Membership Program STEP 2: EMAIL Ø Set up email software: MailChimp Ø Integrates with SalesForce Ø Allows for automation Ø Effective lead generation
  • 9. 10 Steps to Starting a Membership Program STEP 3: DONATION PROCESSOR Ø Recommendation: Stripe Ø Integrates with SalesForce Ø Low friction donation process Ø Encourages recurring donations
  • 10. 10 Steps to Starting a Membership Program STEP 4: AUDIENCE SURVEY Ø Demographics and news consumption habits Ø How much they value your org/content and why •  If you ceased to exist… •  One word to describe… •  What would convince them to support you? Ø What products/benefits do they value?
  • 11. 10 Steps to Starting a Membership Program STEP 5: TAKE INVENTORY OF EXISTING PRODUCTS Ø Content Ø Newsletters Ø News Alerts Ø Social Media Ø Events Ø Podcasts Ø Video
  • 12. 10 Steps to Starting a Membership Program STEP 6: EXCLUSIVE BENEFITS Ø  Member Report – monthly email blast/insert from Editor/Publisher Ø  Member Coffee Ø  Brews & News Ø  Perks, Coupons, Branded Swag Ø  Special Events: tours, parties, breakfasts, lunch, dinner with reporters/editors *** Make it about access, experiences and relationship building!
  • 13. 10 Steps to Starting a Membership Program STEP 7: PACAKGE BENEFITS TIERS Ø Informed - $35 - $99 Ø Involved - $100 - $499 Ø Engaged - $500 - $999 Ø Invested - $1,000 and above
  • 14. 10 Steps to Starting a Membership Program STEP 8: DEVELOP MEMBERSHIP STORY AND BRAND I Am the Voice of San Diego
  • 15. 10 Steps to Starting a Membership Program STEP 9: CREATE MEMBERSHIP PAGE
  • 16. 10 Steps to Starting a Membership Program STEP 10: DEVELOPMENT RECRUITMENT/RETENTION PLAN Potential Member Strategy: Ø 3 touches per month promoting membership, products, access and events Current Member Strategy: Ø Quarterly Impact Report detailing the impact of our reporting and ROI on their investment Ø Monthly Member Report Ø Renewal reminders at 90, 60, 30 days prior to expiration Ø We Miss You reminder after expiration
  • 17. Lessons Learned Ø Engage people in your story Ø Choose benefits you can easily fulfill Ø Don’t underestimate the importance of CRM Ø Be consistent and aggressive Ø It pays to get to know your members