Subscription Strategy

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Challenge

The news industry is highly competitive and in the last ten years this publication has shifted their business model from an ad-led to a subscriber model.

How might we entice our readers to pay for our content (and keep paying)?

Expertise provided

Approach

Are we building the right thing?

As part of a small strategy squad, we set out to understand what makes people pay for news. We interviewed over 40 subscribers of our publication and also of competitor titles to unpack this broad topic. At the same time, we ran internal workshops across the business to help us understand what differentiates our brand from our competitors.

Our conversations identified over 20 news needs, as well as three overarching drivers to pay for news. Further, this phase of the work identified many value propositions that were unique to the publication.

Are we building the thing right?

Synthesis and refinement of this work (in workshops and semiotic analysis) landed the team on a clear subscription strategy and value proposition.

This work also identified a many subscriber opportunities and features across the customer journey to be further explored in the design phase.

Frame

Kick off sessions to align on the problem space
Stakeholder sessions

Empathise + Discover

DIscovery interviews (depths)
Quant
Internal workshops across the entire business

Define

Insights report
News needs
Opportunity matrix

Ideate

Workshops to define value prop and sub strategy
**Internal socialisation of the of ideas and direction

Prototype

Storyboarding
various value
propositions

Test + Refine

Semiotic analysis to test ideas
Mini focus groups

Frame

Kick off sessions to align on the problem space
Stakeholder sessions

Empathise + Discover

DIscovery interviews (depths)
Quant
Internal workshops across the entire business

Define

Insights report
News needs
Opportunity matrix

Ideate

Workshops to define value prop and sub strategy
**Internal socialisation of the of ideas and direction

Prototype

Storyboarding
various value
propositions

Test + Refine

Semiotic analysis to test ideas
Mini focus groups

Outcome

The framework we created for strengthening the subscription value proposition became the foundation of revised marketing, editorial and product strategies that led directly to a surge in subscription growth that continues to this day.