SlideShare ist ein Scribd-Unternehmen logo
1 von 66
Economics of Building Email Databases

 New York Press Association Conference
 April 2013




D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
Who We Are




New York Press Association Conference 2013
secondstreetlab.com




New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
Our Partners
                     2,800 media companies




New York Press Association Conference 2013
Why Online Promotions?
In Billions




                                                   Source: Borrell Associates
      New York Press Association Conference 2013
Case Study: GateHouse Media
2012 Contest Calendar

   Marketing Revenue Initiative          Market Initiative Date   Revenue
   Cutest Babies                         January                  $315,000
   Big Game Challenge                    January-February         $115,505
   Red Carpet Challenge                  February                 $58,674
   College Basketball                    March                    $300,100
   Salute to Nurses                      April-May                $214,000
   Mother’s Day                          April-May                $65,000
   The Pet Show                          June                     $71,547
   Football                              August-October           $964,000
   Reader’s Choice                       September-November       $635,000



 New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
Case Study: GateHouse Media

Cutest Babies
• Results
   – 2012: $300k
   – 2,400 submissions
   – 3.2 MM votes
   – 25k deal opt-ins
   – 83K registered users
   – 5.7 MM page views
   – 20% increase in monthly traffic!




New York Press Association Conference 2013
Case Study: GateHouse Media

Pro Football
•   Results
     – 2011: $350K
         • Pro Football Pickem
     – 2012: $950K
         • Pro, College, High School and
           Super Bowl Games
         • 170% revenue increase!
         • Larger properties generate $50k-
           $100k each
         • Smaller properties generate $12-
           15k each
• Packaged with “Pro Football
  Weekly” publication



New York Press Association Conference 2013
Quad-City Times’ Get It Today

• Launch of deals was
  aha moment of power
  of email
• Deals dramatically
  moved needle for sales




New York Press Association Conference 2013
Agency Contests

• Quad-City Times
      – Results:
           • Have 7 live advertiser
             contests right now
           • Range from $5K - $15K
           • Building email list and fan
             count for local advertisers
             (2,000+ fans)




New York Press Association Conference 2013
Why Email Marketing?

• Generate New Revenue:
      – Track to cross $3MM this year
        from email
      – $500K directly from contests
      – Over $2MM from deals
      – Direct marketing email for
        advertisers is a six figure
        business
      – Email sponsorship revenue is
        small, but beginning to grow




New York Press Association Conference 2013
Why Email Marketing?
                                              Direct
                                             Marketing




                  Contests                               Deals




                                                Email
                                                 Ads




New York Press Association Conference 2013
Why Email Marketing?

• Email Acquisition:
      – new way to learn more
        about audience & sell
        marketing service
      – Getting permission to
        market to consumers is
        critical
• Don’t think of email
  marketing as a funnel




New York Press Association Conference 2013
WHY NEWSPAPERS?




D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
Why Newspapers?

                                                     Affluent &
                                Trusted Info
                                                      Valuable
                                   Source
                                                     Audience


               Ongoing Ad                                          Key Client
                Options                                           Relationships




                                                                          Multiple
         We’re Local                         Newspaper                     Media
                                                                         Promotions




New York Press Association Conference 2013
IMPORTANCE OF EMAIL FOR
 PROMOTIONS




D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
Groupon’s Investment in Subscriber Acquisition

                                             Key Stats:
                                             • $179 million spent
                                               online on subscriber
                                               acquisition in Q1 2011
                                             • Signed up over 32.5
                                               million new subscribers
                                               in Q1 2011
                                             • Over $1 million
                                               investment per market
                                               in Q1 2011

New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
Email List Types: Quality Over Quantity

• Organic List
      – Opted-in to get Daily Deal email;
        best and most engaged
• Promotional List
      – Users who have sign-up for
        contests, savings, and                  Organic     Value
        promotions
• General or Circulation List
      – Key list to market to; a list loyal   Promotional
        to your company
• Purchased List                               General
      – List acquired from 3rd party;
        very low value and low                Purchased
        engagement




New York Press Association Conference 2013
Go Organic!

• Your Organic opt-ins                              General Email CTR           Organic CTR
  are more valuable
  because they have a
  much higher Click-
  Through-Rate than a
  General opt-in.                            8.7%
                                                                         9.8%


                                                           6.6%                                      6.7%
                                                                                       5.7%

                                                                  3.5%
                                      2.4%                                                    2.0%
                                                    1.6%                        1.9%



                                       Email 1       Email 2      Email 3       Email 4       Email 5



New York Press Association Conference 2013
Email List Size & Revenue Impact
                                     Stone Bridge Golf Course
      40,000                                                                 600

                                                      35K Emails                   S
      35,000
                                                                             500   a
  L
      30,000
                                                                                   l
  i
                                                                             400
                                                                                   e
  s   25,000
                                                                                   s
  t                                                                 513
      20,000                                                        Sold     300

                     15K Emails                                                    V
  S   15,000                                                                       o
  i                                                                          200
                                                                                   l
  z   10,000
                           205                                                     u
  e                                                                          100
       5,000
                           Sold                                                    m
                                                                                   e
          -                                                                  0

                           1st Run                                 2nd Run



New York Press Association Conference 2013
Case Study: Tracking Links
Background
• The Washington Post                        Top Revenue Generating Links
• Tracks all online efforts
  through Tracking Links

 93% of Revenue
  from Organic
    Email List




New York Press Association Conference 2013
Case Study: Tracking Links
                                                           Top Non-Organic Email
                                                          Revenue Generating Links
Background
                                                        Google Ad Words
•   The Washington Post                                       8%              Twitter
                                                                               1%
•   Tracks all online efforts
    through Tracking Links
                                                                                             Affiliate Sites
                                                                                                   40%
                                        Internal Email Lists
Highlights                                      31%


• Affiliate Sites for Regional
  travel deals
• Aggregator site                                                         Display
                                                                            5%

• Various types of paid media
• Marketed to internal lists                 Facebook Ads                                  Deal Aggregator
                                                 6%                                 Blog         7%
                                                                                    2%




New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
BEST PRACTICES FOR
 GROWING YOUR EMAIL LIST




D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
GREAT DEALS WILL ALWAYS DRIVE
 EMAIL GROWTH




D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
Great Deal = More Email Sign-ups


      600


      500


      400
                                                           520
      300


      200


      100                   135
        0

                  Avg. Daily Sign-ups        Avg. Sign-up for Top 10 Deals




New York Press Association Conference 2013
Deal Appeal Checklist

   Brand Recognition
   Location
   Audience Appeal
   Deal Uniqueness
   Pricing & Discount
   Restrictions
   Multiple Quantities
   Expiration Date
   Deal Category
   Seasonality




New York Press Association Conference 2013
LEVERAGING INTERNAL ASSETS TO
 MAXIMIZE LIST GROWTH




D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
Strategies for Growing Your List

“Every touch point with a consumer is
an opportunity to capture an email.”
• Tim D’Avis, Digital Director, Quad-City Times and Director of
  Digital Media, Lee Enterprises




New York Press Association Conference 2013
Traditional Media




New York Press Association Conference 2013
Offline and Online




New York Press Association Conference 2013
Widgets




New York Press Association Conference 2013
Email Sign-up Opportunities

• Give users as many
  ways to sign-up as
  possible
      – Main site newsletter
        registration page
      – Email capture form on
        Facebook




New York Press Association Conference 2013
CONTESTS TO GROW YOUR
 ORGANIC LIST




D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
Use Contests to increase your General List
Size
                                             WJW-TV Cleveland
                                             • 95,923 sign-ups
                                             Our Contest “was the single
                                             best way for us to grow our
                                                 e-blast database!”

                                             -Jenny Kershaw, Internet Sales
                                             Manager




New York Press Association Conference 2013
Case Study: Building Your Deals List Using
Sweepstakes
Herald-Review.com
• Length of campaign:
  8 weeks
• Promoted in print &
  online
• Key strategy for rest
  of year to continue
  growth

          360% Deals
          List Growth

New York Press Association Conference 2013
Case Studies: Building Your Deals List
 Using Facebook
ABC 15
• Phoenix, AZ
   – Facebook Contests
   – Like-gate your contest to
     grow Likes as well as your
     deals email list
   – Social and Viral exposure
     for your deals program




New York Press Association Conference 2013
PIZZA PROMOTION TAKES D.C. BY STORM




D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
The Washington Post

• Promotional giveaways to
  drive email sign-ups
  – Company: The Washington
    Post & The Capitol Deal
  – Deal Partner: Papa John’s
  – Offer: Free Large One-Topping
    Pizza and Delivery
  – Contest: Win Pizza for a Year




 New York Press Association Conference 2013
The Washington Post

• Pizza Promotion Goals
   – Increase email subscriber
     list for The Capitol Deal
   – Raise trial and
     awareness of
     PapaJohns.com
   – Generate Buzz for The
     Capital Deal in a crowded
     deals market




New York Press Association Conference 2013
The Washington Post

• Pizza Promotion Schedule
   – The Washington Post used all
     internal and external channels to
     promote the offer
   – Washington Post and Express
     Subway papers wrapped first day
     of promotion
   – 750,000 emails
   – FB and Google PPC Buy
   – Twitter push
   – PR Push




 New York Press Association Conference 2013
The Washington Post
Pizza Promotion Execution
•    Deal ran for three days
•    Promotion leveraged both deals and
     contests.
• Social Boost was a difference
     maker:
      – Rewarded users for sharing with bonus
        entries
      – After submission they are given referral
        link
      – Configurable where X referrals gets
        them X bonus entries
      – 1 in 4 entries came via Social Boost



    New York Press Association Conference 2013
The Washington Post

• Pizza Promotion Results
   – 132K pizzas were claimed
   – 65% of participants became
     NEW Daily Deal subscribers
   – 25% of claimed pizzas came
     through Social Boost
   – Papa John’s trended on
     Twitter
   – Win-Win-Win




New York Press Association Conference 2013
USE INCENTIVES TO
 MAXIMIZE YOUR LISTS




D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013
User Incentive Options
 Credits for Refer-a-Friend:
  User gets credit when they refer a friend or family member who is new to the
  program and makes their first purchase



Benefits
• Applies to new customers only
• Users with credit 3x more likely to buy
• Reward users for engaging with your brand




New York Press Association Conference 2013
Refer-a-Friend: Case Study
Background
• WCHL, Chapel Hill
• Offering $5 Refer-a-Friend
  credit
• Launched April 2011

Results
• 207 new buyers
• $1,035 in credits given
• New buyers generated
  $10,871
• ROI = $9,836
 New York Press Association Conference 2013
User Incentive Options

  Promotional Codes: A code given to users that offers a discount
  on a purchase

Benefits
• Easy way to market to new and current customers
• Codes can be branded for promotional tie-ins
• Gives you the flexibility to define the action you want
  them to take




New York Press Association Conference 2013
Case Study: Promotional Codes
Background
• KCRG & The Gazette
• Realized only 30% of
  subscribers had made a
  purchase
• Created code “LUCKY” &
  emailed $5 credit to non-
  purchasers
• Users had 30 days to use code

Results
• Increased purchasers to
  40%
• Converted non-engaged
  users into active users
  New York Press Association Conference 2013
Set Goals for Growth

• Create measurable goals
• Communicate goal with
  team and work together
  towards it
• Be realistic and base
  goals on your market
  size




New York Press Association Conference 2013
D R I V I N G   R E V E N U E   |   B U I L D I N G   D A T A B A S E   |   G R O W I N G   A U D I E N C E



New York Press Association Conference 2013

Weitere ähnliche Inhalte

Andere mochten auch

How Every Media Company Can Drive Revenue with Ecommerce Promotions
How Every Media Company Can Drive Revenue with Ecommerce PromotionsHow Every Media Company Can Drive Revenue with Ecommerce Promotions
How Every Media Company Can Drive Revenue with Ecommerce Promotions
Upland Second Street
 

Andere mochten auch (11)

LMA & Blinder Revenue Summit
LMA & Blinder Revenue Summit LMA & Blinder Revenue Summit
LMA & Blinder Revenue Summit
 
LMA Events Workshop
LMA Events WorkshopLMA Events Workshop
LMA Events Workshop
 
High School and College Football Promotions Webinar
High School and College Football Promotions WebinarHigh School and College Football Promotions Webinar
High School and College Football Promotions Webinar
 
How to Capitalize on the Buzz around Quizzes
How to Capitalize on the Buzz around QuizzesHow to Capitalize on the Buzz around Quizzes
How to Capitalize on the Buzz around Quizzes
 
5 Keys To Elevate Your Basketball Promotions [Radio]
5 Keys To Elevate Your Basketball Promotions [Radio]5 Keys To Elevate Your Basketball Promotions [Radio]
5 Keys To Elevate Your Basketball Promotions [Radio]
 
How Every Media Company Can Drive Revenue with Ecommerce Promotions
How Every Media Company Can Drive Revenue with Ecommerce PromotionsHow Every Media Company Can Drive Revenue with Ecommerce Promotions
How Every Media Company Can Drive Revenue with Ecommerce Promotions
 
How SMBs are Making Email Your #1 Priority
How SMBs are Making Email Your #1 PriorityHow SMBs are Making Email Your #1 Priority
How SMBs are Making Email Your #1 Priority
 
3 Steps to Winter Revenue Success
3 Steps to Winter Revenue Success3 Steps to Winter Revenue Success
3 Steps to Winter Revenue Success
 
SIP Connect 2016 - Matt Coen
SIP Connect 2016 - Matt CoenSIP Connect 2016 - Matt Coen
SIP Connect 2016 - Matt Coen
 
How to Succeed with Promotions for the Holidays 2015
How to Succeed with Promotions for the Holidays 2015How to Succeed with Promotions for the Holidays 2015
How to Succeed with Promotions for the Holidays 2015
 
AAN Annual Meeting - Promotions & Interactive Content Explosion
AAN Annual Meeting - Promotions & Interactive Content ExplosionAAN Annual Meeting - Promotions & Interactive Content Explosion
AAN Annual Meeting - Promotions & Interactive Content Explosion
 

Ähnlich wie Economics of Building an Email Database: NYPA

Bni presentation
Bni presentationBni presentation
Bni presentation
Adil Zaher
 
Afp data aug2013_final
Afp data aug2013_finalAfp data aug2013_final
Afp data aug2013_final
scottmgilman
 
New Media Kit - May 2015
New Media Kit - May 2015New Media Kit - May 2015
New Media Kit - May 2015
Joe Siano
 
Copy of NP Success Webinar - Donor Acquisition.pdf
Copy of NP Success Webinar - Donor Acquisition.pdfCopy of NP Success Webinar - Donor Acquisition.pdf
Copy of NP Success Webinar - Donor Acquisition.pdf
Bloomerang
 
Blackbaud 2012 Peer-to-Peer Benchmark Report
Blackbaud 2012 Peer-to-Peer Benchmark ReportBlackbaud 2012 Peer-to-Peer Benchmark Report
Blackbaud 2012 Peer-to-Peer Benchmark Report
Meg Murphy
 

Ähnlich wie Economics of Building an Email Database: NYPA (20)

30 Contest Ideas in 30 Minutes
30 Contest Ideas in 30 Minutes30 Contest Ideas in 30 Minutes
30 Contest Ideas in 30 Minutes
 
Bni presentation
Bni presentationBni presentation
Bni presentation
 
Afp data aug2013_final
Afp data aug2013_finalAfp data aug2013_final
Afp data aug2013_final
 
Textworthy 2013-2
Textworthy 2013-2Textworthy 2013-2
Textworthy 2013-2
 
New Media Kit - May 2015
New Media Kit - May 2015New Media Kit - May 2015
New Media Kit - May 2015
 
GlobalGiving Workshop - Belmopan 2016
GlobalGiving Workshop - Belmopan 2016GlobalGiving Workshop - Belmopan 2016
GlobalGiving Workshop - Belmopan 2016
 
New Donor Trends: Why donor retention is key in 2013 with Chuck Longfield
New Donor Trends: Why donor retention is key in 2013 with Chuck LongfieldNew Donor Trends: Why donor retention is key in 2013 with Chuck Longfield
New Donor Trends: Why donor retention is key in 2013 with Chuck Longfield
 
Digital Fundraising Made Simple
Digital Fundraising Made SimpleDigital Fundraising Made Simple
Digital Fundraising Made Simple
 
Granite Broadcasting Presentation 2013
Granite Broadcasting Presentation 2013Granite Broadcasting Presentation 2013
Granite Broadcasting Presentation 2013
 
NP Success Webinar - Donor Acquisition.pdf
NP Success Webinar - Donor Acquisition.pdfNP Success Webinar - Donor Acquisition.pdf
NP Success Webinar - Donor Acquisition.pdf
 
NP Success Webinar - Donor Acquisition.pdf
NP Success Webinar - Donor Acquisition.pdfNP Success Webinar - Donor Acquisition.pdf
NP Success Webinar - Donor Acquisition.pdf
 
Buzzaar franchise_2020
Buzzaar  franchise_2020Buzzaar  franchise_2020
Buzzaar franchise_2020
 
Afp data
Afp dataAfp data
Afp data
 
Copy of NP Success Webinar - Donor Acquisition.pdf
Copy of NP Success Webinar - Donor Acquisition.pdfCopy of NP Success Webinar - Donor Acquisition.pdf
Copy of NP Success Webinar - Donor Acquisition.pdf
 
Blackbaud 2012 Peer-to-Peer Benchmark Report
Blackbaud 2012 Peer-to-Peer Benchmark ReportBlackbaud 2012 Peer-to-Peer Benchmark Report
Blackbaud 2012 Peer-to-Peer Benchmark Report
 
Southeast Asia - GlobalGlving Partner Workshop 2016
Southeast Asia - GlobalGlving Partner Workshop 2016Southeast Asia - GlobalGlving Partner Workshop 2016
Southeast Asia - GlobalGlving Partner Workshop 2016
 
New Developments In Arts Marketing Slideshow
New Developments In Arts Marketing SlideshowNew Developments In Arts Marketing Slideshow
New Developments In Arts Marketing Slideshow
 
Measuring and Managing Donor Commitment to Raise More Money
Measuring and Managing Donor Commitment to Raise More MoneyMeasuring and Managing Donor Commitment to Raise More Money
Measuring and Managing Donor Commitment to Raise More Money
 
Turn Up Your Fundraising to 11 with FirstGiving
Turn Up Your Fundraising to 11 with FirstGivingTurn Up Your Fundraising to 11 with FirstGiving
Turn Up Your Fundraising to 11 with FirstGiving
 
Monday Seminar on PR Measurement
Monday Seminar on PR MeasurementMonday Seminar on PR Measurement
Monday Seminar on PR Measurement
 

Mehr von Upland Second Street

Mehr von Upland Second Street (20)

4 Ideas to Generate Revenue Now & How to Make it Happen
4 Ideas to Generate Revenue Now & How to Make it Happen4 Ideas to Generate Revenue Now & How to Make it Happen
4 Ideas to Generate Revenue Now & How to Make it Happen
 
43 Lead-Gen Ideas in 30 Minutes!
43 Lead-Gen Ideas in 30 Minutes!43 Lead-Gen Ideas in 30 Minutes!
43 Lead-Gen Ideas in 30 Minutes!
 
Turning Your Lead-Gen Campaigns into a Business Line
Turning Your Lead-Gen Campaigns into a Business LineTurning Your Lead-Gen Campaigns into a Business Line
Turning Your Lead-Gen Campaigns into a Business Line
 
Maximize Revenue & Renewals from Your Advertiser Lead-Gen Campaigns
Maximize Revenue & Renewals from Your Advertiser Lead-Gen CampaignsMaximize Revenue & Renewals from Your Advertiser Lead-Gen Campaigns
Maximize Revenue & Renewals from Your Advertiser Lead-Gen Campaigns
 
Fine Tune Your Best Of Strategy to Maximize Revenue & Engagement
Fine Tune Your Best Of Strategy to Maximize Revenue & EngagementFine Tune Your Best Of Strategy to Maximize Revenue & Engagement
Fine Tune Your Best Of Strategy to Maximize Revenue & Engagement
 
Preparing for Reopening: Success in 2021 and Beyond!
Preparing for Reopening: Success in 2021 and Beyond!Preparing for Reopening: Success in 2021 and Beyond!
Preparing for Reopening: Success in 2021 and Beyond!
 
How to Maximize Summer Revenue with Promotions
How to Maximize Summer Revenue with PromotionsHow to Maximize Summer Revenue with Promotions
How to Maximize Summer Revenue with Promotions
 
How to Ensure Maximum Success from Recurring Revenue Campaigns
How to Ensure Maximum Success from Recurring Revenue CampaignsHow to Ensure Maximum Success from Recurring Revenue Campaigns
How to Ensure Maximum Success from Recurring Revenue Campaigns
 
2021 Second Street Awards
2021 Second Street Awards2021 Second Street Awards
2021 Second Street Awards
 
Tackle Your Football Engagement Strategy
Tackle Your Football Engagement StrategyTackle Your Football Engagement Strategy
Tackle Your Football Engagement Strategy
 
Fall Webinar
Fall WebinarFall Webinar
Fall Webinar
 
Tackle Your Football Engagement Strategy
Tackle Your Football Engagement StrategyTackle Your Football Engagement Strategy
Tackle Your Football Engagement Strategy
 
Maximize Your Summer Revenue with Promotions
Maximize Your Summer Revenue with PromotionsMaximize Your Summer Revenue with Promotions
Maximize Your Summer Revenue with Promotions
 
5 Keys To Elevate Your Basketball Promotions | Newspaper
5 Keys To Elevate Your Basketball Promotions | Newspaper5 Keys To Elevate Your Basketball Promotions | Newspaper
5 Keys To Elevate Your Basketball Promotions | Newspaper
 
5 Keys To Elevate Your Basketball Promotions
5 Keys To Elevate Your Basketball Promotions5 Keys To Elevate Your Basketball Promotions
5 Keys To Elevate Your Basketball Promotions
 
5 Keys To Elevate Your Basketball Promotions
5 Keys To Elevate Your Basketball Promotions5 Keys To Elevate Your Basketball Promotions
5 Keys To Elevate Your Basketball Promotions
 
The Power of Print Media & Online Promotions
The Power of Print Media & Online PromotionsThe Power of Print Media & Online Promotions
The Power of Print Media & Online Promotions
 
Inland Press Quiz Webinar
Inland Press Quiz WebinarInland Press Quiz Webinar
Inland Press Quiz Webinar
 
How to Plan your 2015 Promotions Calendar for Success
How to Plan your 2015 Promotions Calendar for SuccessHow to Plan your 2015 Promotions Calendar for Success
How to Plan your 2015 Promotions Calendar for Success
 
How To Tackle Your 2015 Football Promotions (7/23)
How To Tackle Your 2015 Football Promotions (7/23)How To Tackle Your 2015 Football Promotions (7/23)
How To Tackle Your 2015 Football Promotions (7/23)
 

Kürzlich hochgeladen

Architecting Cloud Native Applications
Architecting Cloud Native ApplicationsArchitecting Cloud Native Applications
Architecting Cloud Native Applications
WSO2
 

Kürzlich hochgeladen (20)

Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
 
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot ModelNavi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
A Beginners Guide to Building a RAG App Using Open Source Milvus
A Beginners Guide to Building a RAG App Using Open Source MilvusA Beginners Guide to Building a RAG App Using Open Source Milvus
A Beginners Guide to Building a RAG App Using Open Source Milvus
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
 
Boost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdfBoost Fertility New Invention Ups Success Rates.pdf
Boost Fertility New Invention Ups Success Rates.pdf
 
ICT role in 21st century education and its challenges
ICT role in 21st century education and its challengesICT role in 21st century education and its challenges
ICT role in 21st century education and its challenges
 
Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : Uncertainty
 
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWEREMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 
Architecting Cloud Native Applications
Architecting Cloud Native ApplicationsArchitecting Cloud Native Applications
Architecting Cloud Native Applications
 
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemkeProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 

Economics of Building an Email Database: NYPA

  • 1. Economics of Building Email Databases New York Press Association Conference April 2013 D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 2. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 3. Who We Are New York Press Association Conference 2013
  • 4. secondstreetlab.com New York Press Association Conference 2013
  • 5. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 6. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 7. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 8. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 9. Our Partners 2,800 media companies New York Press Association Conference 2013
  • 10. Why Online Promotions? In Billions Source: Borrell Associates New York Press Association Conference 2013
  • 11. Case Study: GateHouse Media 2012 Contest Calendar Marketing Revenue Initiative Market Initiative Date Revenue Cutest Babies January $315,000 Big Game Challenge January-February $115,505 Red Carpet Challenge February $58,674 College Basketball March $300,100 Salute to Nurses April-May $214,000 Mother’s Day April-May $65,000 The Pet Show June $71,547 Football August-October $964,000 Reader’s Choice September-November $635,000 New York Press Association Conference 2013
  • 12. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 13. Case Study: GateHouse Media Cutest Babies • Results – 2012: $300k – 2,400 submissions – 3.2 MM votes – 25k deal opt-ins – 83K registered users – 5.7 MM page views – 20% increase in monthly traffic! New York Press Association Conference 2013
  • 14. Case Study: GateHouse Media Pro Football • Results – 2011: $350K • Pro Football Pickem – 2012: $950K • Pro, College, High School and Super Bowl Games • 170% revenue increase! • Larger properties generate $50k- $100k each • Smaller properties generate $12- 15k each • Packaged with “Pro Football Weekly” publication New York Press Association Conference 2013
  • 15. Quad-City Times’ Get It Today • Launch of deals was aha moment of power of email • Deals dramatically moved needle for sales New York Press Association Conference 2013
  • 16. Agency Contests • Quad-City Times – Results: • Have 7 live advertiser contests right now • Range from $5K - $15K • Building email list and fan count for local advertisers (2,000+ fans) New York Press Association Conference 2013
  • 17. Why Email Marketing? • Generate New Revenue: – Track to cross $3MM this year from email – $500K directly from contests – Over $2MM from deals – Direct marketing email for advertisers is a six figure business – Email sponsorship revenue is small, but beginning to grow New York Press Association Conference 2013
  • 18. Why Email Marketing? Direct Marketing Contests Deals Email Ads New York Press Association Conference 2013
  • 19. Why Email Marketing? • Email Acquisition: – new way to learn more about audience & sell marketing service – Getting permission to market to consumers is critical • Don’t think of email marketing as a funnel New York Press Association Conference 2013
  • 20. WHY NEWSPAPERS? D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 21. Why Newspapers? Affluent & Trusted Info Valuable Source Audience Ongoing Ad Key Client Options Relationships Multiple We’re Local Newspaper Media Promotions New York Press Association Conference 2013
  • 22. IMPORTANCE OF EMAIL FOR PROMOTIONS D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 23. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 24. Groupon’s Investment in Subscriber Acquisition Key Stats: • $179 million spent online on subscriber acquisition in Q1 2011 • Signed up over 32.5 million new subscribers in Q1 2011 • Over $1 million investment per market in Q1 2011 New York Press Association Conference 2013
  • 25. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 26. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 27. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 28. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 29. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 30. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 31. Email List Types: Quality Over Quantity • Organic List – Opted-in to get Daily Deal email; best and most engaged • Promotional List – Users who have sign-up for contests, savings, and Organic Value promotions • General or Circulation List – Key list to market to; a list loyal Promotional to your company • Purchased List General – List acquired from 3rd party; very low value and low Purchased engagement New York Press Association Conference 2013
  • 32. Go Organic! • Your Organic opt-ins General Email CTR Organic CTR are more valuable because they have a much higher Click- Through-Rate than a General opt-in. 8.7% 9.8% 6.6% 6.7% 5.7% 3.5% 2.4% 2.0% 1.6% 1.9% Email 1 Email 2 Email 3 Email 4 Email 5 New York Press Association Conference 2013
  • 33. Email List Size & Revenue Impact Stone Bridge Golf Course 40,000 600 35K Emails S 35,000 500 a L 30,000 l i 400 e s 25,000 s t 513 20,000 Sold 300 15K Emails V S 15,000 o i 200 l z 10,000 205 u e 100 5,000 Sold m e - 0 1st Run 2nd Run New York Press Association Conference 2013
  • 34. Case Study: Tracking Links Background • The Washington Post Top Revenue Generating Links • Tracks all online efforts through Tracking Links 93% of Revenue from Organic Email List New York Press Association Conference 2013
  • 35. Case Study: Tracking Links Top Non-Organic Email Revenue Generating Links Background Google Ad Words • The Washington Post 8% Twitter 1% • Tracks all online efforts through Tracking Links Affiliate Sites 40% Internal Email Lists Highlights 31% • Affiliate Sites for Regional travel deals • Aggregator site Display 5% • Various types of paid media • Marketed to internal lists Facebook Ads Deal Aggregator 6% Blog 7% 2% New York Press Association Conference 2013
  • 36. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 37. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 38. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 39. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 40. BEST PRACTICES FOR GROWING YOUR EMAIL LIST D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 41. GREAT DEALS WILL ALWAYS DRIVE EMAIL GROWTH D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 42. Great Deal = More Email Sign-ups 600 500 400 520 300 200 100 135 0 Avg. Daily Sign-ups Avg. Sign-up for Top 10 Deals New York Press Association Conference 2013
  • 43. Deal Appeal Checklist  Brand Recognition  Location  Audience Appeal  Deal Uniqueness  Pricing & Discount  Restrictions  Multiple Quantities  Expiration Date  Deal Category  Seasonality New York Press Association Conference 2013
  • 44. LEVERAGING INTERNAL ASSETS TO MAXIMIZE LIST GROWTH D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 45. Strategies for Growing Your List “Every touch point with a consumer is an opportunity to capture an email.” • Tim D’Avis, Digital Director, Quad-City Times and Director of Digital Media, Lee Enterprises New York Press Association Conference 2013
  • 46. Traditional Media New York Press Association Conference 2013
  • 47. Offline and Online New York Press Association Conference 2013
  • 48. Widgets New York Press Association Conference 2013
  • 49. Email Sign-up Opportunities • Give users as many ways to sign-up as possible – Main site newsletter registration page – Email capture form on Facebook New York Press Association Conference 2013
  • 50. CONTESTS TO GROW YOUR ORGANIC LIST D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 51. Use Contests to increase your General List Size WJW-TV Cleveland • 95,923 sign-ups Our Contest “was the single best way for us to grow our e-blast database!” -Jenny Kershaw, Internet Sales Manager New York Press Association Conference 2013
  • 52. Case Study: Building Your Deals List Using Sweepstakes Herald-Review.com • Length of campaign: 8 weeks • Promoted in print & online • Key strategy for rest of year to continue growth 360% Deals List Growth New York Press Association Conference 2013
  • 53. Case Studies: Building Your Deals List Using Facebook ABC 15 • Phoenix, AZ – Facebook Contests – Like-gate your contest to grow Likes as well as your deals email list – Social and Viral exposure for your deals program New York Press Association Conference 2013
  • 54. PIZZA PROMOTION TAKES D.C. BY STORM D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 55. The Washington Post • Promotional giveaways to drive email sign-ups – Company: The Washington Post & The Capitol Deal – Deal Partner: Papa John’s – Offer: Free Large One-Topping Pizza and Delivery – Contest: Win Pizza for a Year New York Press Association Conference 2013
  • 56. The Washington Post • Pizza Promotion Goals – Increase email subscriber list for The Capitol Deal – Raise trial and awareness of PapaJohns.com – Generate Buzz for The Capital Deal in a crowded deals market New York Press Association Conference 2013
  • 57. The Washington Post • Pizza Promotion Schedule – The Washington Post used all internal and external channels to promote the offer – Washington Post and Express Subway papers wrapped first day of promotion – 750,000 emails – FB and Google PPC Buy – Twitter push – PR Push New York Press Association Conference 2013
  • 58. The Washington Post Pizza Promotion Execution • Deal ran for three days • Promotion leveraged both deals and contests. • Social Boost was a difference maker: – Rewarded users for sharing with bonus entries – After submission they are given referral link – Configurable where X referrals gets them X bonus entries – 1 in 4 entries came via Social Boost New York Press Association Conference 2013
  • 59. The Washington Post • Pizza Promotion Results – 132K pizzas were claimed – 65% of participants became NEW Daily Deal subscribers – 25% of claimed pizzas came through Social Boost – Papa John’s trended on Twitter – Win-Win-Win New York Press Association Conference 2013
  • 60. USE INCENTIVES TO MAXIMIZE YOUR LISTS D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013
  • 61. User Incentive Options Credits for Refer-a-Friend: User gets credit when they refer a friend or family member who is new to the program and makes their first purchase Benefits • Applies to new customers only • Users with credit 3x more likely to buy • Reward users for engaging with your brand New York Press Association Conference 2013
  • 62. Refer-a-Friend: Case Study Background • WCHL, Chapel Hill • Offering $5 Refer-a-Friend credit • Launched April 2011 Results • 207 new buyers • $1,035 in credits given • New buyers generated $10,871 • ROI = $9,836 New York Press Association Conference 2013
  • 63. User Incentive Options Promotional Codes: A code given to users that offers a discount on a purchase Benefits • Easy way to market to new and current customers • Codes can be branded for promotional tie-ins • Gives you the flexibility to define the action you want them to take New York Press Association Conference 2013
  • 64. Case Study: Promotional Codes Background • KCRG & The Gazette • Realized only 30% of subscribers had made a purchase • Created code “LUCKY” & emailed $5 credit to non- purchasers • Users had 30 days to use code Results • Increased purchasers to 40% • Converted non-engaged users into active users New York Press Association Conference 2013
  • 65. Set Goals for Growth • Create measurable goals • Communicate goal with team and work together towards it • Be realistic and base goals on your market size New York Press Association Conference 2013
  • 66. D R I V I N G R E V E N U E | B U I L D I N G D A T A B A S E | G R O W I N G A U D I E N C E New York Press Association Conference 2013