Online Mags Experience Limited Success In Luring Print Subscribers: Report
By David Kaplan - Mon 16 Apr 2007 02:28 PM PST
Despite hopes that magazine websites would yield higher subscription rates, online-originated subs have hovered around 10 percent of all new orders, from 7 percent five years ago, Dan Capell, editor of Capell’s Circulation Report, tells Mediaweek. And while he adds that such subs may have peaked, many pubs remain undaunted and are trying a variety of tactics designed to lure online readers into becoming print subscribers. Some examples:
-- Half of the initial subscribers of Martha Stewart Living Omnimedia’s year-old personal style magazine Bluelines came from online offers. But thanks to that mag’s related blog, Bluelines, one-third of new subs have come from the web.
-- Hearst Magazines, which is currently revamping its online magazine websites, claims it gets nearly 15 percent of new subs from online sources, roughly double the level of a couple of years ago. The company cites engaged online audiences and third-party relationships as driving the new internet-based subscription rates for Esquire, Seventeen and CosmoGirl. Hearst is now taking a closer look at the presentation of online offers, rotating the offers more and analyzing their effectiveness in real-time.
-- Rodale hopes to net 500K new subs by mining its database of people who have bought its books, DVDs and other products, then targeting them with special offers. It is also building sales models that will predict which of its health and fitness products will entice people to subscribe based on which ones they’ve bought in the past.
Industrywide, half of all online orders come from publishers’ own sites, and the rest from external sites. It’s hard to say what works given that divide, though Capell insists that if a site places more emphasis on engaging readers, it will naturally be easier to convince them to subscribe, as opposed to advertising a deal on a banner ad on an external website. At any rate, the ones who subscribe to a magazine through its website are more likely to pay than those who see an offer elsewhere. But with only half of new subs coming from their own websites, growth pressures will demand that magazines continue to look outside in order to reel in new paying readers.






