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Intelligence Beyond Digital: Unlocking Subscription Potential Daniel J Buenas, Deputy Head, Media Strategy & Analytics Division 14 th – 15 th July 2016, WAN-IFRA Audience Intelligence Conference

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Page 1: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Intelligence Beyond Digital:

Unlocking Subscription PotentialDaniel J Buenas, Deputy Head, Media Strategy & Analytics Division14th – 15th July 2016, WAN-IFRA Audience Intelligence Conference

Page 2: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Population:

5.4M

“To be the leading multi-

media company in Asia”

SPH VISION

> 100 MAGAZINE titles in SEA

18 NEWSPAPERS in 4 languages

1.2M copies reaching 2.4M readers daily

reaching 58% of residents*

EVENTS

OUT-OF-HOME

3 RADIO stations, fastest growing radio network

OTHER MEDIA

PROPERTIES

DIGITAL

>50 news, lifestyle & marketplace brands

Mobile Sites reaching 2.4M Monthly UVsa

Desktop sites reaching 1.7M Monthly UVsa

>50 Mobile Apps

This is Singapore.(we know it’s rather… small)

PRINT

*Nielsen Media Index 2015, population aged 15+, Print-only copies; Print+Digital: 1.4M copiesaComScore Desktop and Mobile Web Metrix, 3-month average as of May 2016

Page 3: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Population:

5.4M

“To be the leading multi-

media company in Asia”

SPH VISION

This is Singapore.(we know it’s rather… small)

However, even as digital grows…

Total Daily Circulation

420K

Total Daily Readership

1.45M

Print is still an important part of our business.

6.6M Monthly UVs8% against Q4 2015

6.2M Monthly Uvs22% against Q4 2015

(Jan-Mar 2016 monthly avg. across desktop & mobile sites and mobile app)Source: AT Internet

Source: Nielsen Media Index 2015

Page 4: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

“To be the leading multi-

media company in Asia”

SPH VISION

Population:

5.4M

This is Singapore.(we know it’s rather… small)

Total Daily Circulation

420K

Total Daily Readership

1.45M

Print is still an important part of our business.

Have we maximized our outreach

effort to all Singaporeans?

How do we

Unlock Subscription Potential?

Page 5: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Have we maximized our outreach

effort to all Singaporeans?

How do we

Unlock Subscription Potential?

1Preliminary overview of subscription penetration based on internal data

Page 6: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Subscription Penetration –

A Preliminary Overview

6

National average penetration: 19%

0

2

4

6

8

10

12

0%

10%

20%

30%

40%

50%

60%

No

of h

ou

seh

old

s (‘

00

0s)

Pe

ne

tra

tio

n %

Subscription Penetration

ST sub+retail penetration

national average sub+retail penetration

#Household2014

ACTUAL ST sub+retail

…...

Page 7: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Subscription Penetration –

A Preliminary Overview

7

BISHAN12.0%

SERANGOON13.3%

BUKIT TIMAH15.9%

BUKIT BATOK9.7%

HOUGANG11.5%

1

4

5 3

2

ZB average penetration: 9%

BISHAN34.8%

SERANGOON34.3%

MARINE PARADE29.3%

NOVENA29.8%

BUKIT TIMAH56.1%

1 4

5

3

2

ST average penetration: 19%

Areas with highest Subscription Penetration in Singapore

Page 8: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Subscription Penetration –

A Preliminary Overview

Areas with lowest Subscription Penetration in Singapore

WOODLANDS

10.3%

JURONG WEST

11.9%

JURONG EAST

12.9%

OUTRAM

10.4%

PUNGGOL

13.1%

ST average penetration: 19%

WOODLANDS

5.6%PUNGGOL

5.2%

SENG KANG

6.7%

PASIR RIS

7.6%

OUTRAM

7.7%

ZB average penetration: 9%

Page 9: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Have we maximized our outreach

effort to all Singaporeans?

How do we

Unlock Subscription Potential?

1Preliminary overview of subscription

penetration based on internal data

2 Delving deeper:

Exploring factors correlated to

subscription by areas

Page 10: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Housing Category

10

Area, Housing category

& type, Tenure, etc.

We examined each publication’s

Subscription Penetration by:

10

Introduction-to-Housing-Types-in-Singapore 101:

Landed Property(for those really afraid of heights)

HDB Flats(>80% of population, some call them

“highly Dangerous Buildings)Condominiums/ Private Apts

(Basically more expensive HDBs)

Page 11: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Housing Category

11

Area, Housing category

& type, Tenure, etc.

We examined each publication’s

Subscription Penetration by:

0%

15%

30%

45%

60%

-

250

500

750

1,000

Landed HDB CONDO/APT OTHERS

Pe

ne

tra

tio

n (

%)

Nu

mb

er

of

Un

its

(‘000s)

Penetration by Housing Type

Without ST

ST

Penetration

0%

15%

30%

45%

60%

-

250

500

750

1,000

Landed HDB CONDO/APT OTHERS

Pe

ne

tra

tio

n (

%)

Nu

mb

er

of

Un

its

(‘000s)

Penetration by Housing Type

Without ZB

ZB

Penetration

Page 12: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Lease Tenure

12

Area, Housing category

& type, Tenure, etc.

We examined each publication’s

Subscription Penetration by:

0.0%

4.0%

8.0%

12.0%

16.0%

20.0%

-

50.0

100.0

150.0

200.0

250.0

1970-1974 1975_1979 1980_1984 1985_1989 1990_1994 1995_1999 2000_2004 2005_2009 After_2009

Pe

ne

tra

tio

n (

%)

No

. o

f U

nits

/Su

bs

(‘000s)

Penetration vs Lease Tenure (HDB)

ST_Subs

ZB_Subs

Num_Units

ST_Penetration

ZB_Penetration

Page 13: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Have we maximized our outreach

effort to all Singaporeans?

How do we

Unlock Subscription Potential?

1Preliminary overview of subscription

penetration based on internal data

2 Delving deeper:

Exploring factors correlated to

subscription by areas

3 Building a complete picture:

Identifying demographical

factors affecting subscriptions

Page 14: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

We examined each publication’s

Subscription Penetration by:REGRESSION MODELLING

14

Area, Housing category

& type, Tenure, etc.

Gender, Age, Income,

etc.

What are the common traits of the people living in

these different areas?

Which specific traits are affect subscription more

than the others?

Considering publicly-available information from the Government…

Page 15: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

15

INCOME

HOUSING TYPE & SIZE

SUBSCRIBER AGE

SIGNIFICANT

DETERMINING

VARIABLES

Income > $5,000 Condominiums, Private, & Landed

Age > 60

Penetration

= -0.33160 + 0.61307*(Income>$5000)

+ 0.25223*(Condo, Private & Landed housing)

+ 0.97333*(Age>60)

• 1% increase in people with income>$5000 in the area will result in 0.61% increase in ST penetration in the area

* The variables are independent of each other, R2 : 0.9337

e.g.

REGRESSION MODELLING

-60%

-50%

-40%

-30%

-20%

-10%

0%

10%

20%

30%

40%

-8000

-6000

-4000

-2000

0

2000

4000

6000

% D

iffe

ren

ce

#Su

bsc

rib

ers

Diffe

ren

ce

Actual vs. Expectations

(from Regressions)

Area 1

Area 2 Area 3

Area 4

Page 16: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

16

How can the circulation team

make sense of all the area-

specific data in their planning?

DATAVISUALISATION !

Page 17: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Visualisation: Areas with Untapped Potential

17

Retail outletsHigh PenetrationModerate PenetrationAreas with large untapped potential

Some specific areas in

Jurong East are performing

relatively well…

… while others

could do with a

little more

targeting!

Page 18: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

The Real Visualisation

18

Our Visualisation Tool

Page 19: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

OTHER MEDIA PROPERTIES

Understand Newspaper Audience Patterns

Partnerships & Collaborations:

AThe Subscriber Study prompted Circulation Division to:

Develop local subscription

and activation plans

Increase use of data for

business plans and resource

allocation

Equip unit with visualisation

tools to facilitate

planning and monitor

execution

Explore other areas such as subscription churn and

retail returns

3As of Analytics

CTION

AUGMENTCan we enhance data with other assets or partners?

AMPLIFY“To be the leading multi-media

company in Asia”

SPH VISION

DIGITALPRINTUnderstand Newspapers Subscription penetration

Optimise Paywalls Optimise Newspaper Retail Returns

Use of analytics across the organisation…

Page 20: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Each “success” brings us

closer to understanding

our audiences…

Page 21: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

…but there is still much more to be

learnt about our audiences via data.

Page 22: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

Thank You*Nielsen Media Index 2015, population aged 15+

Page 23: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

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Page 24: Intelligence Beyond Digital Unlocking Subscription Potential · PROPERTIES DIGITAL >50 news, lifestyle & marketplace brands ... (Basically more expensive HDBs) Housing Category 11

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