Bob Cox, Publisher, Winnipeg Free Press
Transcription
Bob Cox, Publisher, Winnipeg Free Press
Micropayments One Year Later Digital monetization strategy To build an engaged audience monetized through subscriptions, single copy sales, and advertising One year in paid digital readership Overall Circulation Up Total digital and print subscriptions January to March 2016 3% Micropayment Sales 265,000 articles purchased About 1,000 per day 2,531 refunded – less than 1% 42,000 stories sold at least once Average user spends $20 per year Micropayments are the door to Winnipeg Free Press content 15% of micropayment users convert to all access digital at $16.99 per month Required registration has given us much better marketing opportunities We have created special e-mail blasts to drive traffic Digital audience is much more engaged • Average page views per reader = 9 (up from 5.6) • Average user durations is 11 minutes (up from 5 minutes) • Average active time per page is 73 seconds (up from 50 seconds) Top 10 articles purchased • • • • • • • • • • Accused killer of city teen makes court appearance Police fear violent set-up in missing teen case, seek two witnesses Social media judges Chase’s parents with appalling rudeness High School teacher dies during field trip Cooper Nemeth believed to have been killed within a few hours of disappearance ‘Biggest, boldest development’ in city’s history Notable eating spots fined or shut down Internal probe begins after man shot by police at Grant and Kenaston Pallister’s decision to mislead people about time spent in Costa Rica is inexplicable A chapter closes for Paul and Holly McNally, who created Canada’s largest independent bookstore Mistakes Challenges • Page view decline real (20 – 30%) • Page view decline perceived – Resistance from advertisers fear of declining or repeat audience • Counter: Largely an exercise in education, we still have large audience and ample inventory Next steps • New app aimed at specific slice of paid digital users Next steps Insider Advantage New digital-only report aimed at specific slice of business audience