Audience Development Best Practices Good News! 137 Million - - PowerPoint PPT Presentation

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Audience Development Best Practices Good News! 137 Million - - PowerPoint PPT Presentation

Audience Development Best Practices Good News! 137 Million American adults read a newspaper each week 81% acted upon advertising $5.58 billion is being spent on circulars by advertisers Newspaper digital reaches more than 8


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Audience Development Best Practices

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Good News!

  • 137 Million American adults read a newspaper each week
  • 81% acted upon advertising
  • $5.58 billion is being spent on circulars by advertisers
  • Newspaper digital reaches more than 8 out of 10 online adults in the US

Source: naa.org/Topics-andTools/Advertising/Research/2014

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Audience Development Funnel

INTERESTED UNAWARE ENGAGED SHARING SUBSCRIBER

SMARTER TARGETING USE DATA TO INFORM CRM DEMONSTRATE VALUE WITHOUT GIVING IT AWAY

Goal: Find new audiences and drive them up the funnel, toward engagement, disclosure and subscription/retention.

Unaware- Interested Interested - Engaged Engaged - Registered - Subscriber Retention

RETENTION

LOYALTY; CUSTOMER SATISFACTION

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Fueling the Funnel Fueling the Funnel

PROSPECTING ENGAGEMENT PURCHASE RETENTION

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Online Channel Development Online Channel Development

Comcast.net Sign In Takeover Groupon

OBJECTIVES: Find additional ways to reach prospects online. SALES SOURCE: Partnerships TARGET AUDIENCE Online users RESULTS Xfinity/Comcast.net:

  • Local cable company and email

provider

  • CPO of $32.

Groupon

  • Thousands of orders per

campaign

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Lead Generation Lead Generation

OBJECTIVE Geo-target offers through OptIntelligence affiliate websites SALES SOURCE Online ads TARGET AUDIENCE Visitors of 100+ websites that require registration RESULTS 2% lead conversion rate: $27 CPO

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Improve Response Experience Response Testing Improve Response Experience Response Testing

Metro PCS Call In Contest PURL – Personalized response URLs

OBJECTIVES: Test new ways to engage with prospects and entice them to respond. SALES SOURCE Inbound Telemarketing and Direct Mail TARGET AUDIENCE Metro PCS users and Prospects RESULTS Metro PCS Call In Contest generated 800 calls and converted 70 to subscribers.

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Online Channel Development Online Channel Development

Comcast.net Sign In Takeover

OBJECTIVES: Find additional ways to reach prospects online. SALES SOURCE: Social Media TARGET AUDIENCE Online users RESULTS Facebook ad

  • 1.3% click thru rate, 136 sales
  • CPO of $19

Facebook and Twitter

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Optimizing for Mobile Optimizing for Mobile

OBJECTIVE Make emails more mobile friendly recognizing that many emails are read on a mobile device. SALES SOURCE Email TARGET AUDIENCE Former subscribers or prospects RESULTS tbd

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Sample Web Ads Sample Web Ads

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Themes and Affinity Themes and Affinity

OBJECTIVE Test holiday themed sales approach SALES SOURCE FSI TARGET AUDIENCE Single Copy buyers RESULTS .1% response rate, $7.82 CPO OBJECTIVE Test March Madness themed sales approach SALES SOURCE Email TARGET AUDIENCE Former subscribers flagged as sports enthusiasts RESULTS 28 new print/digital subscribers

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Email Testing Email Testing

OBJECTIVE Test images, subject lines, and offer presentations that capture the most attention and response. SALES SOURCE Email TARGET AUDIENCE Recent stops RESULT The baseball themed subject line and visual had a response 4x higher than the generic version.

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Digital Copy Campaign Digital Copy Campaign

OBJECTIVE Create awareness and drive trial of digital copy, especially among segments with some to high print affinity. SALES SOURCE

  • Email
  • Outdoor/transit advertising
  • Digital kiosk & Free trial cards
  • In-paper ads

TARGET AUDIENCE

  • Current and former newspaper readers
  • Suburban commuters
  • Event and festival attendees

RESULTS

  • 3,584 total conversions for 2 week free trial
  • Increases in usage and time spent with product
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Engage Non-Subscribers Engage Non-Subscribers

  • Reinforce value and capture user information
  • Tie into paid product promotion
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Engage Non-Subscribers Engage Non-Subscribers

  • New and Revamped Products
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Leverage Partnerships Leverage Partnerships

OBJECTIVE: Reach new single copy audiences by

  • ffering the paper over the counter in

participating locations. TARGET AUDIENCE Single Copy readers RESULTS

  • 79 participating locations to date
  • Improvement in sales compared to

previous outside rack program

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Telemarketing Opportunities Telemarketing Opportunities

OBJECTIVES: Expand calling material Reach more prospects SALES SOURCE Telemarketing TARGET AUDIENCE Callable households

  • Disconnect program
  • New wireless dialing policy
  • Using Direct Response

channel to drive inbound calls − Sweepstakes programs − Rest.com give away

  • Managing a DNC cleanse

program

  • Dialing strategies
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Test and Scale Winning Direct Mail Creative Test and Scale Winning Direct Mail Creative

OBJECTIVE Increase response rate SALES SOURCE Direct Mail TARGET AUDIENCE Formers and targeted prospects RESULTS LA Times: .60% Hartford Courant: .65%

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Incremental Pricing Test Incremental Pricing Test

OBJECTIVE Test response of a print/digital bundle against a print only offer at 5% less in rate SALES SOURCE FSI TARGET AUDIENCE Single Copy and Sunday Select readers RESULTS 249 sales

  • 24% of responders took the print/digital

bundle

  • 76% of responders took the print only
  • ption
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Offer Presentation Offer Presentation

OBJECTIVE: Promote home delivery rate per issue for a comparison to single copy, and highlight the best deal. SALES SOURCE FSI TARGET AUDIENCE Single Copy readers RESULTS 59% of sales were for 7-day service, the highlighted offer. Increased response rate from .08% to .11% versus percent off or dollar amount

BEST DEAL!

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Direct Mail Effectiveness Direct Mail Effectiveness

OBJECTIVE Test self-mailer creative against control letter package to save costs. SALES SOURCE Direct Mail TARGET AUDIENCE Formers Targeted Prospects RESULTS Control letter package: 1.3%. CPO $27 Test self-mailer: 1.3% CPO $24 Cost savings of $5,993

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Registration Welcome Series Registration Welcome Series

OBJECTIVE Drive value of brand and Lead to sale SALES SOURCE Email TARGET AUDIENCE Registered Users RESULTS

  • Strong engages throughout series.
  • Conversion strong
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Digital Email Strategy

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Digital Activations and Upgrades Digital Activations and Upgrades

OBJECTIVE Activate or upgrade current print subscribers to include digital SALES SOURCE Email and In-paper promotion TARGET AUDIENCE Current print subscribers RESULTS 562 upgrades in Q4 2014

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Expand Revenue Thresholds Expand Revenue Thresholds

OBJECTIVE: Increase revenue with higher price points based on last rate. Customers grouped into three pricing tiers (high, mid, low). SALES SOURCE Direct Mail TARGET AUDIENCE Former seasonal subscribers RESULTS 13% average rate increase over standard intro rate

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Retaining Digital Sales Retaining Digital Sales

OBJECTIVE Offer a low trial rate, and incent longer renewal terms with discounts SALES SOURCE Website TARGET AUDIENCE New Digital Members RESULTS tbd, rolled out in April 2015

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Online Channel Development Online Channel Development

OBJECTIVES: Lock in responders for a longer term by offering one and two year options SALES SOURCE: Online TARGET AUDIENCE Groupon members RESULTS 41% of responders selected the two year option

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Rewards Rewards

OBJECTIVE Provide all subscribers exclusive access to contests for a chance to win tickets to movie screenings, concerts, and sporting events tickets, plus gift cards. In addition, discounts to an assortment of venues. TARGET AUDIENCE Current Subscribers – Print and Digital RESULTS Membership: 65,000 (as of March)

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Exclusive Events Merchandise Exclusive Events Merchandise

OBJECTIVE Deepen relationship to retain and maximize revenue potential. TARGET AUDIENCE Current Subscribers – Print and Digital

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M O N I C A W E S O L O W S K I 9 5 4 - 4 2 5 - 1 9 3 0 M W E S O L O W S K I @ S U N S E N T I N E L . C O M

Q & A