Converting specialist and B2B magazines
B2B price testing results
B2B
publishers usually charge so much they collect only a few subscribers and have
to send out free copies to make up the shortfall. Although this free
circulation business model suffers most during a recession, B2B publishers
continue to send out free copies unnecessarily to reach the circulation figure
demanded by advertisers.
B2B publishers have the cost of producing the
magazine in mind and probably some historic subscription rate figure they feel
they cannot move away from because it’s published somewhere.
But a B2B publisher can usually reduce free
distribution by offering a lower subscription rate that attracts thousands of
new readers.
Some publishers are currently converting B2B
and other free specialist titles to paid-for subscription. In the example
below, the publisher commissioned a series of emails to build a subscriber list
to run alongside his free list.
So what kind of response can you expect to a
series of emails to your B2B and specialist magazine prospects? What will the creative work cost to
convert the free readers?
Here are some typical recent figures. These
figures are based on creative copy and strategy produced by a professional
copywriter / subscriptions consultant (ie. not in-house work):
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