Invitation-only event: INMA Subscriptions Benchmarks live meet-up: Stories behind superior performance
Address: 4th floor, Dotdash Meredith Center, 200 Liberty Street, New York
For the first time, the INMA members-only benchmarking community is meeting in-person to discuss the best performing strategies and tactics to grow online reader engagement and subscriptions.
This exclusive meet-up requires an invitation and is open only to the participants of the INMA Benchmarks service: 234 news brands internationally published by 60 news media companies in 35 countries.
2:00 p.m. - 2:10 p.m.
Welcome and introductions
2:10 p.m. - 2:30 p.m.
Presentation: Success factors of fast-growing brands
Based on new data from over 230 international brands, we analyse the strategies of the 25% of brands that have increased the total volume and revenue of their digital subscriptions in the past year. We also examine the approaches of brands that prioritised ARPU (Average Revenue Per User) and lifetime value over volume growth. What success recipes does the INMA benchmarking data suggest, depending on your priorities? What can we learn from other media sectors, such as video and music streaming?
Speaker
Lead, Readers First Initiative, INMA, United Kingdom
2:30 p.m. - 3:00 p.m.
Discussion: Balancing volume vs. value growth
We discuss with participating executives their priorities for 2024, focusing on the key opportunities and risks they see in growing the volume and revenue from digital subscriptions.
Speakers
Rafael Batista
Chief Digital and Data Officer, Editora Globo, Brazil
Vice-President Digital, News & Feature Media, Sanoma Media Finland
3:00 p.m. - 3:20 p.m.
Presentation: 7 reasons news subscriptions aren’t growing faster
We present a toolkit to audit a news subscription funnel and identify common reasons for stagnation based on INMA benchmarks, surveys, and academic and industry research. Reasons include low news cycle impact, unmet core reader needs, lack of habitual use, low visibility of offers, value perception issues, sign-up friction, subscriber churn, and lack of impact on readers' lives.
Speaker
Lead, Readers First Initiative, INMA, United Kingdom
3:20 p.m. - 3:50 p.m.
Discussion: Best practices in acquisition, engagement, and retention
We facilitate an open discussion on participants’ ideas and experiences in optimising their funnels. How do they use the INMA Benchmarks to assess their funnels? What experiments have they conducted in the past year? What were the learnings?
Speakers
Deputy Editor-in-Chief, Gazeta Wyborcza, Poland
Angelica Domínguez Martín
Customer Strategy Director, El Pais, Spain
3:50 p.m. - 4:10 p.m.
Presentation: Subscription engines of leading brands
We discuss how the world’s leading news subscription brands strategise, select metrics, and organise for growth in subscriptions. We compare their practices with findings from management studies and lessons learned by companies in other industries, such as technology. We present a toolkit for conducting a subscription engine exercise at home.
Speaker
Lead, Readers First Initiative, INMA, United Kingdom
4:10 p.m. - 4:40 p.m.
Discussion: Best practices in planning, metrics, and organising
We invite participants to share their expertise and practical experience. What performance metrics do they track internally? How best to use the INMA Benchmarks to inform the executives and the teams? How to divide tasks and organise? How to collaborate with other parts of the company?
Speakers
Manager, Customer Insights, The Washington Post, United States
Vice-President, Data, Analytics and AI Transformation, Sanoma Media Finland
4:40 p.m. - 4:55 p.m.
INMA Benchmarks: Ask-Me-Anything
The meet-up ends with an Ask-Me-Anything session about the development of the INMA Benchmarks, and an opportunity to influence the service’s roadmap.
4:55 p.m. - 5:00 p.m.
Summary and Takeaways