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#paywalls12
Wifi : AV Team or AV Team 2
Marketing Paywalls
 Phil Clark, UBM, 23d February
• Executing the switch from free to restricted:
  messaging, campaigns
• Beyond traditional marketing: new skills and
  techniques for conversion
• How does a paywall impact your brand?
The process

                                  • FT-style             • Rehaul
 Data     • Reg barrier
                                    paywall
                           Paid                Product     sites
capture   • Fresh data
                                  • Convert              • On/offline
                                                           prods
How to market a negative?
•   Be upfront
•   Be crystal clear on how it works
•   Concentrate on existing customers
•   Be responsive
•   Use your brand ambassadors - editors
BD online is changing
24 September 2010
“…. We’re not under any illusions of the size of this challenge, but it’s because
   we value our readers that from today we also have to put a value on what
   we do too.”

38 comments, including:
“here's one more 'loyal' reader doesn't think the explanation stacks up,
   really...”
“BD for me has always been a must read, and unless it changes radically will
   continue to be so. good luck!”
What sells….
Playing the long game…..

     douglas_harding 9:32am via web
• Finally subscribed to @BDonline and BD
  magazine. The paywall has thwarted me.
BEYOND TRADITIONAL MARKETING
Free to paid – conversions
(existing and new subs)
                    2011 Q2   Q3     Q4
Overall             3.16%     3.89   4.21
Top 5 demos – inc   6.4       7.21   7.75
surveyors and
investors
Mid-level           3.41      4.33   4.65
Lower-demos         1.28      1.85   2.07
Conversions:
• Getting the databases talking
• Regular contact with registrants – monthly
  campaigns
• Targeting high converters – investors for
  Property Week, surveyors for Building
• Maximising the online channel – A/B MVT
  testing
Print and online
Variations    CTR    Improved %   Conversions/
                                  visitors
Original      1.03                51/1335

Variation 1   1.1    +172         142/1366


Online only
Variations    CTR    Improved %   Convs/vstrs

Original      1.03                46/1335

Variation 1   1.08   +133         110/1366
Variations    CTR    Improved %   Convs/vstrs

Original      1.01                5/327

Variation 1   1.03   +109         11/343

Variation 2   1.01   -13          5/379
Design and
usability:
De-cluttering
design
Simplicity and
calls to action
HOW DOES A PAYWALL AFFECT OUR
BRANDS?
Brand impact
• Niche products don’t lose much
• Strengthens brand values – what matters to
  the audience. Sign of confidence
• Focus on WHO you are reaching as much as
  how many
• We need new metrics….
Weekly Audience Measure
• Reflects our shift from print only brands to ones
  multi channels
• Measuring both quantity AND quality of audience
• To accurately measure:
o Engaged users – those that regularly read the
  magazine or visit our websites
o Super-users – those on both print + online
o Demographics and seniority – full breakdowns of
  who our readership is
Thanks


@zerochamp

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Marketing Paywalls: Executing the Switch from Free to Restricted Access

  • 1. #paywalls12 Wifi : AV Team or AV Team 2
  • 2. Marketing Paywalls Phil Clark, UBM, 23d February
  • 3. • Executing the switch from free to restricted: messaging, campaigns • Beyond traditional marketing: new skills and techniques for conversion • How does a paywall impact your brand?
  • 4. The process • FT-style • Rehaul Data • Reg barrier paywall Paid Product sites capture • Fresh data • Convert • On/offline prods
  • 5. How to market a negative? • Be upfront • Be crystal clear on how it works • Concentrate on existing customers • Be responsive • Use your brand ambassadors - editors
  • 6.
  • 7. BD online is changing 24 September 2010 “…. We’re not under any illusions of the size of this challenge, but it’s because we value our readers that from today we also have to put a value on what we do too.” 38 comments, including: “here's one more 'loyal' reader doesn't think the explanation stacks up, really...” “BD for me has always been a must read, and unless it changes radically will continue to be so. good luck!”
  • 9. Playing the long game….. douglas_harding 9:32am via web • Finally subscribed to @BDonline and BD magazine. The paywall has thwarted me.
  • 11. Free to paid – conversions (existing and new subs) 2011 Q2 Q3 Q4 Overall 3.16% 3.89 4.21 Top 5 demos – inc 6.4 7.21 7.75 surveyors and investors Mid-level 3.41 4.33 4.65 Lower-demos 1.28 1.85 2.07
  • 12. Conversions: • Getting the databases talking • Regular contact with registrants – monthly campaigns • Targeting high converters – investors for Property Week, surveyors for Building • Maximising the online channel – A/B MVT testing
  • 13.
  • 14. Print and online Variations CTR Improved % Conversions/ visitors Original 1.03 51/1335 Variation 1 1.1 +172 142/1366 Online only Variations CTR Improved % Convs/vstrs Original 1.03 46/1335 Variation 1 1.08 +133 110/1366
  • 15. Variations CTR Improved % Convs/vstrs Original 1.01 5/327 Variation 1 1.03 +109 11/343 Variation 2 1.01 -13 5/379
  • 17. HOW DOES A PAYWALL AFFECT OUR BRANDS?
  • 18. Brand impact • Niche products don’t lose much • Strengthens brand values – what matters to the audience. Sign of confidence • Focus on WHO you are reaching as much as how many • We need new metrics….
  • 19.
  • 20. Weekly Audience Measure • Reflects our shift from print only brands to ones multi channels • Measuring both quantity AND quality of audience • To accurately measure: o Engaged users – those that regularly read the magazine or visit our websites o Super-users – those on both print + online o Demographics and seniority – full breakdowns of who our readership is
  • 21.