We want to hear from you:

Take this quick survey to help Digiday improve our products & be entered to win a $50 gift card.

TAKE SURVEY

How Bloomberg Media is managing churn and retaining subscribers

Subscriptions are essential, now more than ever for publishers. For many, thanks to the coronavirus, there’s also been a corresponding corona-bump in subs as readers flock to sites for news.

But gaining subscribers is only part of the story. The other one is churn. One factor that subscription publishers have to be wary of is going too low with introductory offers, especially when the subscription product is at a premium price. “The lower you go, the higher your churn is going to be so striking that balance is really important as well as having a lot of options,” said Lindsay Horrigan, global head of subscriptions & consumer marketing of Bloomberg Media. 

https://digiday.com/?p=369344

More in Media

buzzfeed

BuzzFeed to invest $10 million in BF Island – How does it stack up against other social platforms’ launch costs? 

BuzzFeed is $10 million of resources into building its new social platform BF Island. To put that number into context, here’s what it cost to launch other social platforms.

Publishers don’t really know how Google AI Overviews is impacting their referral traffic

It’s been almost a year since Google rolled out AI Overviews, and publishers still know very little about how it’s impacting referral traffic.

How Substack creators are pooling audiences with live video co-hosting

As creators become more adept at using Substack live video, they are finding that going live with a co-host helps them gain new subscribers.