roundtable 2006 saurer
DESCRIPTION
TRANSCRIPT
A Subscriber Loyalty Program
August 2006 – ASTECH Roundtable
Stephanie Kohn – Senior Loyalty Manager
Robert Saurer – Director of Business Development
Program Description
New rewards program for loyal subscribers with the goal of improving subscriber retention
Largely web based program
Members receive invitations to VIP events, special discounts and savings, exclusive Globe content and more
Subscribers are enrolled for free through various marketing efforts
Site url is www.bgextras.com
Extras: Events
13 events since January 2006
Editorial connection
Food & Wine with Sheryl & Stephen
Theater with Ed, Scott or Catherine
Globe Magazine launch parties
Events average 30-50 subscribers
Typically sell out first time ad runs!
Events seen as a great growth area
Extras: Tickets
Work with event organizers and national/local retailers to offer special discounts or even free tickets to Globe subscribers
Ticket offer featured on bgextras.com as well as in-paper ads, online and on hotline when appropriate
Globe does not do fulfillment - link to online ticket purchase site or phone number
Extras: Tickets Free:
Boston Kids Expo Globe Travel Show New England Spring Flower Show “Painting Summer in New England” at Peabody Essex Museum Elizabeth Neuffer Forum on Human Rights & Journalism US Women’s Open Pirate’s of the Caribbean: Dead Man’s Chest
Discounted: Big Apple Circus: save up to $60 on Family 4-pack Huntington & SpeakEasy Theater tickets- $10 off Boston Movie Tours- 10% off Champions Cup Boston- $5 off tickets Staples Home Office Expo- 50% discount on pre-registration
purchase Hot Stove, Cool Music- 50% discount AMC Movie Tickets- 14% discount on “Two for the Show”
Extras: Ad Discounts
Percentage/money off purchases, free trial offers or gift certificates, etc. LaZBoy, AmEx/Milne Travel,
Zagat’s, Beauty Mark
Opportunity to build bigger initiative
Attitash Mountain Giveaway 40% off plus contest- 2 night stay
for 4 Topper, in-paper ads, online
Current Status
January 2006 launch
>35,000 members
Additional content available includes:
Archive Access
Globe & NYT Stores
Best of the Globe
Subscriber Marketing
In-paper
¼ page, color, ROP
Feature advertiser logo plus teaser copy
Drive to BGE site for more
Subscriber Marketing
Subscriber Marketing
Online
ROP on Boston.com
Two types-
BGE specific
Advertiser/offer specific
New Sales Tool for Ad Reps!
Customizable PDF
Insert client’s logo
Insert your info
Jan can help!
Additional Advertiser Opportunities
Special offer for BGE members– placement in BGE communications
Event sponsorship
Rotating offer in monthly topper to launch in late 2006
Success Measures Program Usage:
Though limited in size Events have met with resounding success and great subscriber feedback
Advertisers discounts are being utilized and advertisers are happy with the volume (frequent communication is key)
Ticket discounts do very well and are expected to grow
Retention Improvement: Developing a methodology to test improvements in retention that
attempt to minimize self selection (first report due out in 2007) E-panel survey kicks off Q4 Previous version of BGE was tested and retention of loyalty
program subscribers was 20% points better than non-loyalty subscribers (but cannot suggest this is the true impact of loyalty programs)
Success Measures
Budget and ROI: BGE will cost us $110,000 in 2007 (mainly event support
and subscriber communication – note: approximately 1 FTE is required to support the program)
If the retention improvements can exceed approximately 1,000 copies of benefit the program will pay for itself (advertising benefits not part of the equation yet)