carnegie presentation
DESCRIPTION
Presentation to the Carnegie Corporation, New York City, October 2011TRANSCRIPT
The Day Publishing Company
The Day Publishing Company
Discussion
Strategic pivotMarketing databaseMembership modelSingle customer view
The Day Publishing Company
Assessment
Everything is changing at a rapid pace: media, technology, and consumer behaviors• Shift from paper to electronic• Multiplatform, including smart devices•
Consumer increasingly taking charge of when, where and
how they get their information• Content is king.•
Engaging with consumers on a variety of levels is
increasingly important.
The Day Publishing Company
Brand positioning
Established a competitive position we could own:
The Day is a hub
of distributed
content
and
conversation with a local connection
from a trusted
source.
The Day Publishing Company
Requirements
A content management and digital publishing infrastructureA new publishing structure that utilizes a metered access modelA customized user experience, with single sign‐on authenticationA synergistic advertising, CRM, and consumer business model that identifies and drives significant new revenue growth
The Day Publishing Company
What we have known of our subscribers
Subscriber 12,352 of 20,331“Michael Wiggins”
The Day Publishing Company
Marketing Database
The Day Publishing Company
Assimilate disparate data elements
PRIZM NEDEMOGRAPHICS
(Nielsen)214,284 records
BUSINESS INSTALL(Nielsen)
16,900 records
REQUESTOR(Times/Shore)68,000 records
UPICKEM(Contest/Deals)11,000 records
CLICKSHARE(Website)
24,000 records
VISION DATA(Circulation)
77,000 records
CDS(USPS)
238,000 records
MAAXMARKETING DATABASE
The Day Publishing Company
Demographic/psychographic modeling
PRIZM NE
•
Extract key customer elements and CDS‐certified address data from business system.
•
Variables include name, full address, phone, type of subscription, length of subscription, current status (active, former, no history).
• Nielsen appends PRIZM NE codes at the household level or Zip+4
• Data match rate exceed 95%.
•
88% of data coded at the PRIZM household level and 12% at the ZIP+4 level. Nationally, the trend is less than 65%.
The Day Publishing Company
Applications
B2B leads generationCampaign automationCustomer profiling for advertisersCommercial list management servicesMarket segmentation and analytics Member acquisition
The Day Publishing Company
Segment market on consumer behaviors
Invest strategy
Harvest strategy
Comparison Index Bar ChartProjected to: The Day Market
Behavior: Newspaper Subscriptions, $500+, 1 year
Source: PRIZM 2010Mediamark Research Inc., 2010Copyright 2011, The Nielsen Company
The Day Publishing Company
Lifestage informs channel, messaging, and offer
The Day Publishing Company
Qualification / Integration / Conversion
The Day Publishing Company
Tactics
The Day Publishing Company
Metered access model
Launched Wednesday, September 14All visitors entitled to 10 premium staff‐written articles per month.Registration prompt after three premium views.Access beyond ten premium views requires a reader to be registered and paid.“Register and activate” provision for subscribers.
The Day Publishing Company
Creating a value to proprietary contentPREMIUM/METERED:
Content produced by The Day staff, including
Enterprise storiesColumnsNewsBusinessA&EEditorials
Police & CourtsLetters to the EditorStaff & guest columns.Video article pages.Staff photo galleries and panoramas.Audio slideshows.Night & Day tips.Real estate property transactions.
The Day Publishing Company
Shift from address‐based to user‐based
Features & Benefits Platinum Gold Silver Digital Nonmember
Monthly Rate $22.99 $18.99 $10.50 $9.99 N/A
Annual Rate $247.99 $199.99 $119.99 $99.99 N/A
The Day home deliveryMonday
SundayThursday
SundaySunday Only N/A N/A
Premium online & mobile contentUnlimited
AccessUnlimited
AccessUnlimited
AccessUnlimited
Access10 articles
per month
theday.com archivesUnlimited
AccessUnlimited
AccessUnlimited
AccessUnlimited
Access N/A
Commenting privileges on theday.com Yes Yes Yes Yes No
The Day’s PressreaderTM
app Included Included Included Included N/A
The Day’s electronic edition Included Included Included Included N/A
The Day’s Passport Rewards programUnlimited
AccessUnlimited
AccessUnlimited
AccessUnlimited
Access N/A
Memberships per account Two (2) Two (2) Two (2) One (1) N/A
Your Town custom news feed FREE FREE FREE FREE FREE
The Day Publishing Company
Single sign‐on / universal access
The Day Publishing Company
Membership model
The Day Publishing Company
Membership Results
703 new members enrolled from 9/14 – 10/24Site registration grew from 15,466 to 27,112 in 3 weeksShift from a 19,850 “household” base to a 31,242 “membership” base – and growing.
The Day Publishing Company
Contest Marketing
In 2011, Contests have generated over $130,000 in sponsorship revenueand have produced 14,953 unique registrants
The Day Publishing Company
Deal of The Day
Since June, Deal of The Day has netted over $23,000 in revenueout of 4,394 transactions from 6,021 registrants
The Day Publishing Company
The Day Passport
Since September, The Day Passport has connected 1,376 premium members with participating businesses
The Day Publishing Company
Single Customer View
The Day Publishing Company
What we now know of our members
The Day Member Profiles“Carol AND
Michael Wiggins”
The Day Publishing Company
Thank you
Daniel L. WilliamsDirector/Audience Development
The Day Publishing Company860.701.4207 | [email protected]