ROUNDTABLE 2016: IPSAN
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Transcript of ROUNDTABLE 2016: IPSAN
Data Warehouse
Mobile
Digital Subs
Self-Serve
Social Media
Events Cal.
Coupons
ESP
Photos
Print Subs
Content
Contests
E-Comm
Audience Sales
• Launched email database January 2015
• Goal 1st year: 250,000 (Gender, Age, ZIP, email)
• Goal 2nd year: 400,000 (currently at 340,000+)
Audience Sales Leveraging data to target consumers in our North of Boston group
for greater success:
• Nearly 10,000 current and previous subscribers received personalized
email with targeted, specific message
• Focus on incenting consumer to re-subscribe and/or move to
EZPay (auto-draft)
• Open rate 43.69% vs industry average 19.1%
• Click through rate 4.71% vs industry average 2.9%
Audience Sales Leveraging data to target consumers in our North of Boston group
for greater success:
• Traditional mail cost: $5,000+
• Actual cost: $7.44
• 34 starts or re-starts at $20 per month
• $8,160 revenue (year subscription)
Consumer Sales Launched Obituary platform January 2016
Key product feature: Self-serve process
• Funeral home directors
• People who’ve suffered a loss of loved one
Consumer Sales Data analysis of self-serve
• Greater number will opt for self-serve vs. visiting/calling/emailing paper
• ARPO is substantially higher self-serve vs. paper representative
Consumer Sales July obituary data
• 4,724 placed by the newspaper
• 349 placed by private party
• 1,132 placed by funeral home contracts
• 24% of all July orders were self-serve (and continues to increase monthly)
Consumer Sales Average revenue per order
• Through paper rep: $147
• Private party: $183
• Funeral homes: $191
Predictive Analytics
• Essential to capture all data possible
• More data sets results in:
o Improved user experience
o Improved average revenue per order
o Improved profit margin
Predictive Analytics• Multi-entry and exit points imperative for exhaustive
data collection
• Pushing evolutionary change through a centralized
approach
• End to end technology platform to accelerate evolution