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		<title>L’Équipe: limiting churn when increasing the price from a highly discounted subscription offer</title>
		<link>https://theaudiencers.com/lequipe-limiting-churn-when-increasing-the-price-from-a-highly-discounted-subscription-offer/</link>
		
		<dc:creator><![CDATA[Audiencers]]></dc:creator>
		<pubDate>Mon, 08 Jul 2024 08:53:20 +0000</pubDate>
				<category><![CDATA[Operations]]></category>
		<category><![CDATA[Case Studies]]></category>
		<category><![CDATA[Churn cancellation and win-back]]></category>
		<category><![CDATA[L'Équipe]]></category>
		<category><![CDATA[Poool]]></category>
		<category><![CDATA[Retention]]></category>
		<guid isPermaLink="false">https://theaudiencers.com/?p=28723</guid>

					<description><![CDATA[<p>Romain Lhote, CMO of L'Équipe, spoke at The Audiencers' Festival about their retention strategy whilst increasing their subscription offer price.</p>
<p>The post <a href="https://theaudiencers.com/lequipe-limiting-churn-when-increasing-the-price-from-a-highly-discounted-subscription-offer/">L’Équipe: limiting churn when increasing the price from a highly discounted subscription offer</a> appeared first on <a href="https://theaudiencers.com">Audiencers</a>.</p>
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<pre class="wp-block-verse"><a href="https://www.lequipe.fr/">L'Equipe</a> is an emblematic French sports newspaper with a daily digital readership of 2.5 million, and over 200,000 subscribers to its paid digital offer. Romain Lhote, CMO, spoke at The Audiencers' Festival and Workshop in London this June about their retention strategy whilst increasing their subscription offer price.</pre>



<p>Highly discounted promotional subscription offers are valuable for allowing readers to discover your product, build engagement, increase content consumption and ultimately acquire a larger audience who will hopefully remain subscribed far into the future. But, of course, you have to return your subscription price back to normal at some point&#8230;        <div
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<p>This is what happened to the sports daily newspaper, L’Equipe (which has 1.5 billion page views a month, just to give you an idea&#8230;), when they sold thousands of subscriptions at €2.24 a month (instead of €12) in celebration of the 1000 day run-up to the Paris Olympics.</p>



<p>The huge discount ends this summer, just before the Olympics. And of course, the L’Équipe team is putting in the work to ensure the subscribers who notice the price change don&#8217;t churn immediately.</p>



<p>So, how can we limit the damage? <a href="https://poool.tech" target="_blank" rel="noreferrer noopener">Poool</a>’s team arrived with a few ideas to orchestrate a churn-prevention strategy, that marketers at L’Équipe have now made their own. </p>



<p><strong>Their goal: Set up on-site user journeys that will enable them to maximize retention rates for those &#8220;flash&#8221; offers subscribers.</strong></p>



<h2 class="wp-block-heading">1. Split the project into phases, building a retro planning of actions to be accomplished before the planned price-change date</h2>



<figure class="wp-block-image alignwide size-full"><img data-dominant-color="f5f4f4" data-has-transparency="true" style="--dominant-color: #f5f4f4;" fetchpriority="high" decoding="async" width="1446" height="336" sizes="(max-width: 1446px) 100vw, 1446px" src="https://theaudiencers.com/wp-content/uploads/2024/06/Screenshot-2024-06-26-at-3.50.44 PM.png" alt="L'Equipe retention journey after increasing the subscription price" class="wp-image-28924 has-transparency" srcset="https://theaudiencers.com/wp-content/uploads/2024/06/Screenshot-2024-06-26-at-3.50.44 PM.png 1446w, https://theaudiencers.com/wp-content/uploads/2024/06/Screenshot-2024-06-26-at-3.50.44 PM-300x70.png 300w, https://theaudiencers.com/wp-content/uploads/2024/06/Screenshot-2024-06-26-at-3.50.44 PM-1024x238.png 1024w, https://theaudiencers.com/wp-content/uploads/2024/06/Screenshot-2024-06-26-at-3.50.44 PM-768x178.png 768w, https://theaudiencers.com/wp-content/uploads/2024/06/Screenshot-2024-06-26-at-3.50.44 PM-332x77.png 332w, https://theaudiencers.com/wp-content/uploads/2024/06/Screenshot-2024-06-26-at-3.50.44 PM-664x154.png 664w, https://theaudiencers.com/wp-content/uploads/2024/06/Screenshot-2024-06-26-at-3.50.44 PM-688x160.png 688w, https://theaudiencers.com/wp-content/uploads/2024/06/Screenshot-2024-06-26-at-3.50.44 PM-1044x243.png 1044w, https://theaudiencers.com/wp-content/uploads/2024/06/Screenshot-2024-06-26-at-3.50.44 PM-1400x325.png 1400w" /></figure>



<h2 class="wp-block-heading">2. Define the type of actions that maximize reader engagement &amp; loyalty</h2>



<p>For instance, the team at L’Equipe found that subscribers who download their mobile app, are subscribed to certain newsletters, or read a certain type of long-form content are more loyal than others.</p>



<p>Therefore, they decided to start with 4 simple <a href="https://www.poool.tech/en/products/engagement-tool">Poool Engage</a> widgets:</p>



<h3 class="wp-block-heading">Action #1: Show on-site banners with a 1-click newsletter subscription</h3>



<figure class="wp-block-image alignwide size-full"><img data-dominant-color="d6d5d5" data-has-transparency="false" style="--dominant-color: #d6d5d5;" decoding="async" width="1500" height="844" sizes="(max-width: 1500px) 100vw, 1500px" src="https://theaudiencers.com/wp-content/uploads/2024/07/Slide24-1.png" alt="Pop-up to promote L'Équipe's newsletter" class="wp-image-29027 not-transparent" srcset="https://theaudiencers.com/wp-content/uploads/2024/07/Slide24-1.png 1500w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide24-1-300x169.png 300w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide24-1-1024x576.png 1024w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide24-1-768x432.png 768w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide24-1-332x187.png 332w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide24-1-664x374.png 664w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide24-1-688x387.png 688w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide24-1-1376x774.png 1376w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide24-1-1044x587.png 1044w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide24-1-1400x788.png 1400w" /></figure>



<h3 class="wp-block-heading">The display settings</h3>



<figure class="wp-block-table"><table><tbody><tr><td><strong>Format:</strong></td><td><strong>Display rules:</strong></td></tr><tr><td>Sticky banner, top of screen</td><td>Show 10 times maximum</td></tr><tr><td>One-click newsletter subscription</td><td>Only on article pages</td></tr><tr><td>“Close” option available</td><td>Both web mobile &amp; desktop</td></tr></tbody></table></figure>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<p><strong>&gt; Also from The Audiencers&#8217; Festival:</strong> <a href="https://theaudiencers.com/the-guardian-reader-revenue-growth-proposition-development/" target="_blank" rel="noreferrer noopener">The Guardian: reader revenue growth &amp; proposition development </a></p>



<h3 class="wp-block-heading">Action #2: Suggest mobile app download</h3>



<figure class="wp-block-image alignwide size-full"><img data-dominant-color="c3c3c3" data-has-transparency="true" style="--dominant-color: #c3c3c3;" decoding="async" width="1613" height="908" sizes="(max-width: 1613px) 100vw, 1613px" src="https://theaudiencers.com/wp-content/uploads/2024/07/lequipe.png" alt="Sticky banner to promote the app, both light and dark appearance" class="wp-image-29033 has-transparency" srcset="https://theaudiencers.com/wp-content/uploads/2024/07/lequipe.png 1613w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-300x169.png 300w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-1024x576.png 1024w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-768x432.png 768w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-1536x865.png 1536w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-332x187.png 332w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-664x374.png 664w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-688x387.png 688w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-1376x774.png 1376w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-1044x588.png 1044w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-1400x788.png 1400w" /></figure>



<h3 class="wp-block-heading">The display settings</h3>



<figure class="wp-block-table"><table><tbody><tr><td><strong>Format:</strong></td><td><strong>Display rules:</strong></td></tr><tr><td>Sticky banner, bottom of screen</td><td>Capped to 3 times max every<br>7 days</td></tr><tr><td>Redirect to Apple or Android appstore</td><td>Only on article pages</td></tr><tr><td>“Ignore” option available</td><td>Only on web mobile</td></tr></tbody></table></figure>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading">Action #3: Announce which content is about the get released</h3>



<figure class="wp-block-image alignwide size-full"><img data-dominant-color="d6d6d7" data-has-transparency="false" style="--dominant-color: #d6d6d7;" loading="lazy" decoding="async" width="1500" height="844" sizes="(max-width: 1500px) 100vw, 1500px" src="https://theaudiencers.com/wp-content/uploads/2024/07/Slide22.png" alt="Announce which content is about to be released on L'Équipe" class="wp-image-29020 not-transparent" srcset="https://theaudiencers.com/wp-content/uploads/2024/07/Slide22.png 1500w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide22-300x169.png 300w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide22-1024x576.png 1024w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide22-768x432.png 768w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide22-332x187.png 332w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide22-664x374.png 664w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide22-688x387.png 688w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide22-1376x774.png 1376w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide22-1044x587.png 1044w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide22-1400x788.png 1400w" /></figure>



<h3 class="wp-block-heading">The display settings</h3>



<figure class="wp-block-table"><table><tbody><tr><td><strong>Format:</strong></td><td><strong>Display rules:</strong></td></tr><tr><td>Sticky banner, top of screen</td><td>Capped to once per day</td></tr><tr><td>Foldable</td><td>Show 10 times maximum</td></tr><tr><td>No redirection, no link</td><td>Only on home pages</td></tr></tbody></table></figure>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Action #4: Invite readers to join their WhatsApp channel</h2>



<figure class="wp-block-image alignwide size-full"><img data-dominant-color="dddcdc" data-has-transparency="true" style="--dominant-color: #dddcdc;" loading="lazy" decoding="async" width="1615" height="908" sizes="(max-width: 1615px) 100vw, 1615px" src="https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-poool.png" alt="Invite readers to join L'Équipe's whatsapp channel" class="wp-image-29022 has-transparency" srcset="https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-poool.png 1615w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-poool-300x169.png 300w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-poool-1024x576.png 1024w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-poool-768x432.png 768w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-poool-1536x864.png 1536w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-poool-332x187.png 332w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-poool-664x373.png 664w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-poool-688x387.png 688w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-poool-1376x774.png 1376w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-poool-1044x587.png 1044w, https://theaudiencers.com/wp-content/uploads/2024/07/lequipe-poool-1400x787.png 1400w" /></figure>



<p>Because the team at L&#8217;Équipe knows that their WhatsApp members will stay subscribed for longer, they launched a pop-in promoting it, for subscribers only.</p>



<h3 class="wp-block-heading">The display settings</h3>



<figure class="wp-block-table"><table><tbody><tr><td><strong>Format:</strong></td><td><strong>Display rules:</strong></td></tr><tr><td>Toaster</td><td>Show once per week</td></tr><tr><td>&#8220;Close&#8221; option available</td><td>Only on articles pages</td></tr><tr><td></td><td>Only on web mobile</td></tr></tbody></table></figure>



<h3 class="wp-block-heading">Action #5: Warn churned users that they soon won’t have access to this content</h3>



<figure class="wp-block-image alignwide size-full"><img data-dominant-color="d8d7d9" data-has-transparency="false" style="--dominant-color: #d8d7d9;" loading="lazy" decoding="async" width="1500" height="844" sizes="(max-width: 1500px) 100vw, 1500px" src="https://theaudiencers.com/wp-content/uploads/2024/07/Slide23.png" alt="Warn churned users that they soon won't have access to this content" class="wp-image-29024 not-transparent" srcset="https://theaudiencers.com/wp-content/uploads/2024/07/Slide23.png 1500w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide23-300x169.png 300w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide23-1024x576.png 1024w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide23-768x432.png 768w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide23-332x187.png 332w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide23-664x374.png 664w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide23-688x387.png 688w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide23-1376x774.png 1376w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide23-1044x587.png 1044w, https://theaudiencers.com/wp-content/uploads/2024/07/Slide23-1400x788.png 1400w" /></figure>



<h3 class="wp-block-heading">The display settings</h3>



<figure class="wp-block-table"><table><tbody><tr><td><strong>Format:</strong></td><td><strong>Display rules:</strong></td></tr><tr><td>Sticky banner, bottom of screen</td><td>Show 10 times maximum</td></tr><tr><td>&#8220;Close&#8221; option available</td><td>Only on articles pages</td></tr><tr><td></td><td>Both web mobile &amp; desktop</td></tr></tbody></table></figure>



<p>Originally built for at-risk subscribers, these strategies have been progressively deployed for all subscriber cohorts.        </div>
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    <p>The post <a href="https://theaudiencers.com/lequipe-limiting-churn-when-increasing-the-price-from-a-highly-discounted-subscription-offer/">L’Équipe: limiting churn when increasing the price from a highly discounted subscription offer</a> appeared first on <a href="https://theaudiencers.com">Audiencers</a>.</p>
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		<title>Why news subscriptions feel like a burden to young people</title>
		<link>https://theaudiencers.com/why-news-subscriptions-feel-like-a-burden-to-young-people/</link>
		
		<dc:creator><![CDATA[Audiencers]]></dc:creator>
		<pubDate>Thu, 31 Aug 2023 07:03:53 +0000</pubDate>
				<category><![CDATA[Decisions]]></category>
		<category><![CDATA[Conversion]]></category>
		<category><![CDATA[Guides]]></category>
		<category><![CDATA[Young readers]]></category>
		<guid isPermaLink="false">https://theaudiencers.com/?p=23247</guid>

					<description><![CDATA[<p>Why young people don't pay for subscription-based news</p>
<p>The post <a href="https://theaudiencers.com/why-news-subscriptions-feel-like-a-burden-to-young-people/">Why news subscriptions feel like a burden to young people</a> appeared first on <a href="https://theaudiencers.com">Audiencers</a>.</p>
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<pre class="wp-block-verse">This article was originally published in the <a href="https://substack.com/@rq1" target="_blank" rel="noreferrer noopener">RQ1 newsletter</a>, republished with the kind permission of <a href="http://markcoddington.com/">Mark Coddington</a> and <a href="https://www.sethlewis.org/">Seth Lewis</a> — two former journalists turned academics, now teaching and researching at Washington and Lee University (Mark) and the University of Oregon (Seth).</pre>



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<h2 class="wp-block-heading">Exploring the experience of paying for online news</h2>



<p>With the ongoing shift from free news sites to ones that require subscription for access, researchers have raised questions about the downstream effects on news knowledge —&nbsp;on basic understanding of key facts about public affairs. In a world of paywalls, as one study&nbsp;asked, “how can journalism provide quality news for everyone?”</p>



<p>Put another way: as more and more people “bounce off” paywalls, reading less and less local news especially, what happens to overall public understanding and citizen know-how? This question seems particularly pertinent for&nbsp;young people&nbsp;who are presumed to have less interest in news and less willingness to pay for it — and thus less likely to develop news-subscribing habits that will follow them (and their dependents) over time.</p>



<p>While previous studies have looked at many aspects of people’s willingness to pay, they haven’t drilled down on the qualitative&nbsp;<em>experience</em>&nbsp;of subscription-based news, especially for young adult non-subscribing news users. Marianne Borchgrevink-Brækhus and Hallvard Moe, both representing MediaFutures in the Department of Information Science and Media Studies at Norway’s University of Bergen, attempt to do just that in their new paper in&nbsp;<em>Journalism Studies</em>, “The burden of subscribing: How young people experience digital news subscriptions.”</p>



<p>The researchers recruited 15 participants (nine of whom had never paid for or subscribed to online news), all between the ages of 26-30. That may sound like a small number of research participants, but when qualitative and overlapping methods are involved —&nbsp;as they were in this case —&nbsp;then sufficient “<a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5993836/" target="_blank" rel="noreferrer noopener">data saturation</a>,” or the point at which responses and themes become redundant, can be achieved even with a relatively small set of respondents.</p>



<p>The research was conducted in Norway, which, the article argues, “makes an interesting case context for studying experiences with paid content, as it is considered the world’s most mature market for subscription-based online news.” So, if younger adults are turned off by subscriptions in Norway, we can presume they would be even more so elsewhere. In this study, the researchers deployed a package of three methods: interviews (two rounds), media diaries (where participants journaled about their experiences with news), and a test subscription period of one month (for a Norwegian online newspaper of their choice).</p>



<p>The researchers were not just concerned about people’s willingness to pay for news, as has been common in previous studies. On the contrary, they focused just as much on people’s “life situations and the role of media in their everyday life,” mapping “news and media habits, interests, and preferred news sources,” all in conversation with feelings about media subscriptions in general and how people move between free and paid content in the day-to-day.</p>



<h2 class="wp-block-heading">Experiences with subscription-based news</h2>



<p>The researchers found that study participants’ experiences with subscription-based news needed to be contextualized in three ways:</p>



<p>First, interviews and media diaries showed that people <strong>actively looked for news on a regular basis</strong> (from a couple of times per week to several times per day), and that over time they had gravitated to <strong>free options</strong> (such as podcasts, TV, radio, and free national news sites) as more online news organizations began charging for content.</p>



<p>Second, many participants talked about <strong>regularly checking sites that had subscriptions</strong> (from their local newspaper to&nbsp;<em>The New York Times</em>), and that even if they lacked access because they didn’t pay for it, they had workaround strategies: e.g., borrowing a login, reading social media comments to get the gist of an article, or relying on family and friends. Key here is that “such strategies were mobilized for specific stories or issues, not as a general habit.” But still: that people would go to such lengths to get access to a paywalled story of interest suggests that, “far from being ‘avoiders,’ non-subscribers can be both willing and interested in orienting themselves toward the public through news.”</p>



<p>The third contextual point is that the researchers <strong>did not find any connection between people not paying for news and an overall opposition toward the idea of paywalls for news</strong>. “On the contrary, informants expressed awareness of declining advertising revenues and decreasing print readership, and recognized news providers’ need to charge for content.” That said, study participants were frustrated that certain types of news —&nbsp;particularly news they saw as vital for everyone to see, such as stories about Covid-19, accidents, or elections —&nbsp;were not freely accessible for non-subscribers.</p>



<h2 class="wp-block-heading">Why young people don&#8217;t pay for news</h2>



<p>So, against that contextual backdrop, researchers discovered three key types experiences with subscription news that helped explain why these individuals did not pay.</p>



<p>The first experience was&nbsp;<strong>lack of exclusivity</strong>, including the feeling that similar content could be found elsewhere for free. But this dimension also included a curious twist: “news content should not appear&nbsp;<em>too</em>&nbsp;exclusive, in the sense of narrow. Stories only covered on one news site, typically in a local or regional one, were valued as less important or even unnecessary by the informants: they felt less obligated to read about it and refrained from paying.” Interestingly, too, “after their subscription period ended, many struggled to distinguish between what kind of content required payment or not.” That’s not a great sign for the distinctiveness of paid-for news content.</p>



<p>The second experience:&nbsp;<strong>subscriptions are too time-consuming.</strong> In this case, rather than seeing their one-month test subscription as a replacement for their previous workarounds for accessing paywalled content, many of the study participants used the subscription primarily as an add-on to existing news habits —&nbsp;thus making the experience of keeping up with their subscriptions feel like “a draining chore.”</p>



<p>The third type of experience was <strong>unattractive pay models</strong>, which is perhaps no surprise to anyone who has experienced the frustration of trying to start and stop online news subscriptions. Just as the study participants felt “tied down” by the subscriptions in terms of time, they also felt too tightly bound to them financially as well — and described this reluctance to commit to a single news source in the wider context of subscription fatigue of so many choices and requirements across sites: of needing to manage too many registrations, logins, passwords, etc.</p>



<p><strong>> To add to your reading list:</strong> <a href="https://theaudiencers.com/decisions/why-people-dont-pay-for-news-findings-from-a-study-and-lessons-for-publishers/">Why people don&#8217;t pay for news: findings from a study and key takeaways</a></p>



<h2 class="wp-block-heading">Conclusions</h2>



<p>Indeed, as the authors note in their conclusion: “An overall observation based on our analysis is that these young non-subscribers expressed a strong preference for ‘multi-perspectivism’ in their news use. They included a myriad of both national and international sources, they were tech-savvy and knew how to maneuver around payment models in search of information, and were pragmatic but not naïve when searching for accessible information. A key overarching preference was the freedom of not being tied to a subscription. As such, it seemed unthinkable to ‘commit’ to one or two providers. Subscriptions were rather experienced as supplementary and restrictive burdens to their already existing news repertoires.”</p>



<p>So, does the increase in paywalls suggest that people are becoming less informed? While it’s far beyond the scope of this single paper to answer that big question, this Norwegian study would suggest that non-subscribers can develop strategic workarounds to keep up with the news —&nbsp;and that the experience of subscriptions can be a burdensome turn-off in its own right, for reasons that deserve further study.</p>



<p>Find more content from Mark and Seth, and sign up to the RQ1 newsletter <a href="https://rq1.substack.com/?utm_source=substack&amp;utm_medium=web&amp;utm_campaign=substack_profile" target="_blank" rel="noreferrer noopener">here</a>.        </div>
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    <p>The post <a href="https://theaudiencers.com/why-news-subscriptions-feel-like-a-burden-to-young-people/">Why news subscriptions feel like a burden to young people</a> appeared first on <a href="https://theaudiencers.com">Audiencers</a>.</p>
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		<title>A coffee in Vienna with Die Presse: AI and reader revenue</title>
		<link>https://theaudiencers.com/a-coffee-in-vienna-with-die-presse-ai-and-reader-revenue/</link>
		
		<dc:creator><![CDATA[Audiencers]]></dc:creator>
		<pubDate>Tue, 23 May 2023 07:32:57 +0000</pubDate>
				<category><![CDATA[Decisions]]></category>
		<category><![CDATA[AI and technology]]></category>
		<category><![CDATA[Case Studies]]></category>
		<guid isPermaLink="false">https://theaudiencers.com/?p=22529</guid>

					<description><![CDATA[<p>An AI curated article summarizing our conversation with Lukas, Data Strategist at Die Presse</p>
<p>The post <a href="https://theaudiencers.com/a-coffee-in-vienna-with-die-presse-ai-and-reader-revenue/">A coffee in Vienna with Die Presse: AI and reader revenue</a> appeared first on <a href="https://theaudiencers.com">Audiencers</a>.</p>
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<pre class="wp-block-verse">Since I was already visiting Vienna for WAN-IFRA's Digital Media Europe event, I took the opportunity to meet up with the <a href="https://www.diepresse.com/" target="_blank" rel="noreferrer noopener">Die Presse</a> team for a coffee (and a spritzer or two). One of the key topics of conversation was AI, given that <a href="https://www.linkedin.com/in/lukasgorog/" target="_blank" rel="noreferrer noopener">Lukas Görög</a> fills the role of Data Strategist for the Austrian newspaper. I wrote some notes with the idea of publishing an article on the topic, shared them with Lukas and, in true "data strategist" style, he sent it back saying "I asked AI write to it for you"... So here you have it, an AI curated article based on my coffee (/spritzer) in Vienna with Die Presse!</pre>



<p>Artificial Intelligence (AI) has been making its way into various industries, and journalism is no exception. Die Presse, a traditional newspaper founded in 1848, is experimenting with AI to optimize its operations and stay ahead in the digital world. Lukas, a data strategist at Die Presse, discusses their approach to AI and the potential applications in journalism.</p>



<h2 class="wp-block-heading">AI Applications and Challenges</h2>



<p>Die Presse has a dedicated team of four individuals who work with data and AI, including Lukas. Their goal is to save resources and improve the efficiency of their operations. They have been experimenting with AI applications for a couple of years, such as using AI for fake news prevention, increasing engagement on social media, and optimizing images to generate more page views.</p>



<p>However, the use of AI in journalism comes with its own set of challenges. Lukas believes that AI may not be valuable for writing articles, especially in areas like politics, economics, and opinion pieces that require a human touch. He also points out the potential danger in using AI for these areas, as every newspaper has its own angle.</p>



<p>On the other hand, AI can be a helpful tool for post-processing tasks such as generating images, titles, and captions optimized for SEO or social media. It can also aid in creating better posts for platforms like Instagram, Twitter, and Facebook while reducing errors such as typos.</p>



<pre class="wp-block-verse"><em>Sign up to The Audiencers' newsletter. Winning strategies, expert points of view and inspirations from publishers around the world to help you do your job better. Sent every two weeks.</em></pre>



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<h2 class="wp-block-heading">AI for Reader Revenue</h2>



<p>Die Presse employs machine learning to calculate probability scores based on various metrics, including page views and consumption volume. The most important metric is the RFV (Recency, Frequency, Value) score. They continuously develop, test, and learn from these models to predict the probability of a user subscribing or churning.</p>



<p>Based on these insights, Die Presse tailors its offers to retain subscribers or win back those who have churned. For example, if a user has a high probability to churn and is price-sensitive, they might be presented with a lower-priced offer.</p>





<h2 class="wp-block-heading">The Future of AI in Digital Publishing</h2>



<p>Lukas envisions AI becoming an integral part of digital publishing, just like computers are today. He predicts that AI interfaces will become increasingly intuitive and accessible, allowing people to see the added value immediately. AI adoption will be more seamless, with users benefiting from improvements without even realizing it.</p>



<h2 class="wp-block-heading">Preparing for AI-driven Change</h2>



<p>To stay ahead of the curve in the rapidly evolving AI landscape, Lukas suggests that companies should focus on training their teams on basic AI tools. As these tools evolve and become more sophisticated, employees who have learned to use the early versions will be better equipped to adapt to future developments.</p>



<p>Die Presse&#8217;s journey with AI highlights the potential benefits and challenges associated with adopting this technology in journalism. By experimenting with AI applications and preparing their teams for the future, they aim to stay ahead in the digital publishing world and continue delivering quality journalism to their readers.</p>



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<h2 class="wp-block-heading">The Audiencers&#8217; newsletter: from professionals to professionals</h2>



<p><em>Sign up to our newsletter &#8211; real-life examples, expert points of view and inspirations from publishers around the world to help you do your job better. Sent every two weeks.</em></p>



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