Upgrade to Pro — share decks privately, control downloads, hide ads and more …

NETPA: Paths to Subscriptions

NETPA
April 07, 2018

NETPA: Paths to Subscriptions

Brief overview of the study from The Media Insight Project, a collaboration between the American Press Institute and The AP-NORC Center, surveyed recent newspaper subscribers to explore the paths consumers take to subscribing.

NETPA

April 07, 2018
Tweet

More Decks by NETPA

Other Decks in Business

Transcript

  1. Paths to Subscription:
    Why Recent Subscribers
    Chose to Pay for News

    View Slide

  2. Overview
    • This latest study may be the largest study ever undertaken of people
    who have recently subscribed to newspapers. It surveyed people who
    subscribed in the last three months to 90 local newspapers across the
    country. The survey of more than 4,100 recent newspaper
    subscribers captures their motives and mindsets at the time of the
    decision. The sample was large enough to see differences among
    large papers and small, reader preferences for digital consumption
    versus print, Democrats versus Republicans, and a host of other
    factors.

    View Slide

  3. Paths to subscriptions
    • The report identified nine distinct “paths to subscriptions” —the
    motives and conditions that together lead a person to subscribe.
    • Some people are looking for coverage of a particular passion topic.
    • Others have subscribed because of a change in their lifestyle.
    • Some want coupons to save them money.
    • Some discovered the paper through social media.
    • Others want to support journalism as an institution.
    • All are subscribers.

    View Slide

  4. Paths to subscriptions
    The nine paths are:
    1. Digital Paywall Converters
    2. Topic Hunters
    3. The Locally Engaged
    4. Social Media-Mobile Discoverers
    5. Journalism Advocates
    6. Life Changers
    7. Coupon Clippers
    8. Print Fans
    9. Friends and Family

    View Slide

  5. View Slide

  6. Among study findings
    • Quality and accuracy matter to nearly every subscriber group,
    especially after they subscribe.
    • When asked for the most important reasons they use the newspaper,
    now that they subscribe, people are most likely to cite a publication’s
    accuracy (78 percent), its willingness to admit mistakes (69 percent),
    and its dealing fairly with all sides (68 percent) as most important.

    View Slide

  7. Among study findings
    • Regardless of their underlying motivations, many subscribers are
    triggered by discounts at just the right time.
    • Nearly half of all recent subscribers (45 percent) cited pricing
    promotions as the immediate trigger, more than double any other
    factor.

    View Slide

  8. Among study findings
    • Market size matters. There are some important differences between
    what drives people at small or medium-sized papers and metros
    (large and small).
    • New subscribers to small papers are more likely than those at large
    metros to prefer print over digital (85 percent vs. 56 percent) and to
    subscribe after moving to town (23 percent vs. 13 percent).
    • Subscribers to large metros are more likely than those at small
    papers to subscribe after noticing a lot of interesting articles (45
    percent vs. 30 percent).

    View Slide

  9. Among study findings
    • Print and digital subscribers are different. Digital subscribers in this
    study tend to be younger, male, and more educated than print
    readers.
    • Digital readers are more often attracted by good coverage of a
    particular topic than are print readers (38 percent vs. 25 percent),
    and by noticing especially useful or interesting content (47 percent vs.
    36 percent).
    • Half of digital subscribers are triggered to subscribe by hitting a
    paywall meter, and they are more likely than print readers to be
    motivated by a desire to support local journalism (38 percent vs. 29
    percent).

    View Slide

  10. Among study findings
    • The findings offer an opportunity and also a warning for publishers.
    They suggest that cutting back on newsrooms now (as many
    publishers do to maintain profit margins against declining revenue)
    imperils any long-term subscription strategy.
    • Publishers may have to accept a smaller, or in some cases no, margin
    of profit now to invest in the content quality that potential
    subscribers demand. (I have a REALLY big problem with this one!)

    View Slide

  11. View Slide

  12. View Slide

  13. More info
    www.mediainsight.org
    6 minute video on nine paths to subscriptions:
    https://www.youtube.com/watch?v=C5j43Oi7hys
    http://mediainsight.org/PDFs/Subscribers/SubscriberReportFinal.pdf

    View Slide