28 June, 2021

The cornerstone of a membership program

By - Admin

Through research and discussions with publishers who have had success with membership programs, The Membership Puzzle Project’s team found that the cornerstone for a successful program needs to be a strong value proposition.

A value proposition is a statement of the value that a membership creates to address a particular need. Publishers should define a value proposition for anything they create, including any subscription or membership programs.

The Membership Puzzle Project asked 25 newsrooms what membership means to them and found that the best value propositions articulate how the experience of membership provides value to the publication’s members. Defining the value proposition is the first step to making a pitch to readers to join a membership or subscription program.

Reviews

Durg Singh Vijay

Buzzfeed, Barstool Sports, and Dennis Publishing are just a few examples of media companies that are innovating in this space. Even legacy publishers, like The New York Times, are adding new e-commerce monetization opportunities by selling branded apparel, archival photography, and personalized page reprints. At Barstool, a digital-first sports outlet, 50% of total revenue now comes through commerce. Of that, 10% of revenue results directly from e-commerce merchandise sales

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