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#Subscription model
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Life used to be free (2023)
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nyessasundries · 8 months
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If you're mad about music, games, and other media all moving to subscription models, you should probably consider also being mad about housing being on a subscription model
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happywebdesign · 2 years
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https://sprucesimple.com/
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lenbryant · 1 year
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(Long Post, Sorry) Hitting Theater Hard: The Loss of Subscribers Who Went to Everything
The subscription model, in which theatergoers buy a season’s worth of shows at a time, had long been waning, but it fell off a cliff during the pandemic.
As a group of stagehands assembled train cars for the set of “Murder on the Orient Express,” Ken Martin looked grimly at his email. His first year as artistic director at the Clarence Brown Theater in Knoxville, Tenn., was coming to an end, and the theater had missed its income goals by several hundred thousand dollars, largely because it had lost about half its subscribers since the start of the pandemic.
“I’ve already had to tear up one show, because of a combination of cost and I don’t think it’s going to sell,” he said. “I’m in the same boat as a lot of theater companies: How do I get the audience back, and once I get them in the door, how do I keep them for the next show?”
The nonprofit theater world’s industrywide crisis, which has led to closings, layoffs and a reduction in the number of shows being staged, is being exacerbated by a steep drop in the number of people who buy theater subscriptions, in which they pay upfront to see most or all of a season’s shows. The once-lucrative subscription model had been waning for years, but it has fallen off a cliff since the pandemic struck.
It is happening across the nation. Seattle’s 5th Avenue Theater had 13,566 subscribers last season, down from 19,770 before the pandemic. In Atlanta, the Alliance Theater ended last season with 3,208, down from a prepandemic 5,086, while Northlight Theater, in Skokie, Ill., is at about 3,200, down from 5,700.
Theaters are losing people like Joanne Guerriero, 61, who dropped her subscription to Paper Mill Playhouse in Millburn, N.J., after realizing she only liked some of the productions there, and would rather be more selective about when and where she saw shows.
“We haven’t missed it,” she said, “which is unfortunate, I suppose, for them.”
Many artistic leaders believe the change is permanent.
“The strategic conversation is no longer ‘What version of a membership brochure is going to bring in more members,’ but how do we replace that revenue, and replenish the relationship with audiences,” said Jeremy Blocker, the executive director of New York Theater Workshop, an Off Broadway nonprofit that has seen its average number of members (its term for subscribers) drop by 50 percent since before the pandemic.
Why do subscribers matter?
“No. 1, it reduces your cost of marketing hugely — you’re selling three or five tickets for the cost of one,” said Michael M. Kaiser, the chairman of the DeVos Institute of Arts Management at the University of Maryland. “No. 2, you get the cash up front, which helps fund the rehearsal period and the producing period. And No. 3, subscriptions give you artistic flexibility — if people are willing to buy all the shows, some subset of the total can be less familiar and more challenging, but if you don’t have subscribers, every production is sold on its own merits, and that makes taking artistic risk much more difficult.”
There’s also a strong connection between subscriptions and contributions. “Most donors are subscribers,” said Maggie Mancinelli-Cahill, the producing artistic director of Capital Repertory Theater in Albany, N.Y., “so there’s a cycle here.”
Theaters are simultaneously trying to retain — or reclaim — subscribers, and also reduce their dependence on them. Many are experimenting with ways to make subscriptions more flexible, or more attractive, but also seeing an upside in the need to find new patrons.
Programming is clearly on the mind of lapsed subscribers around the country. Even as subscriptions have fallen sharply at regional nonprofits whose mission is to develop new voices and present noncommercial work, they have remained steadier at venues that present touring Broadway shows with highly recognizable titles.
“There’s so much going on with the ‘ought-to-see-this-because-you’re-going-to-be-taught-a-lesson’ stuff, and I’m OK with that, but part of me thinks we’re going a little overboard, and I need to have some fun,” said Melissa Ortuno, 61, of Queens. She describes herself as a frequent theatergoer — she has already seen 17 shows this year — but finds herself now preferring to purchase tickets for individual shows, rather than subscriptions. “I want to take a shot, but I don’t want to be dictated to. And this way I can buy what I want.”
But there are other reasons subscribers have stepped away, including age. “We’re all old, that’s the problem,” said Happy Shipley, 77, of Erwinna, Pa., who decided to renew her subscription at the Bucks County Playhouse, but sees others making a different choice. “Many of them don’t stay up late anymore; they’re anxious about parking, walking, crime, public transportation, increased need of restrooms, you name it.”
Arts administrators say that many people who were previously frequent theatergoers remain fans of the art form, but now attend less frequently, a phenomenon confirmed in interviews with supersubscribers — culture vultures who had multiple subscriptions — who say they are scaling back.
Lisa-Karyn Davidoff, 63, of Manhattan, subscribed to 10 theaters before the pandemic; now she is far more choosy, citing a combination of health concerns and reassessed priorities. “If there’s a great cast or something I can’t miss,” she said, “I will go.” Rena Tobey, a 64-year-old New Yorker, had at least 12 theater subscriptions before the pandemic, and now has none, citing an ongoing concern about catching Covid in crowds, a new appreciation for television and streaming, and a sense that theaters are programming shows for people other than her. “For many years, I’ve pushed my boundaries, and I’m just at a point where I don’t want to do it anymore.”
And Jeanne Ryan Wolfson, a 67-year-old from Rockville, Md., who had four performing arts subscriptions prepandemic, is just finding she likes an à la carte approach to ticket purchasing; she kept two of her previous subscriptions, dropped two, and added a new one. “I was paying a lot of money for the subscriptions, and some of the productions within those packages were a bit disappointing or might not have the wow factor I was looking for,” she said. “I think what I want to do is pick and choose.”
Martin said the Knoxville theater’s staff has spent much of the summer discussing the drop in subscriber numbers — the theater had about 3,000 before the pandemic, but 1,500 last season — and hired a marketing firm to study the situation.
Then comes “Kinky Boots,” the kind of uplifting musical comedy many of today’s audiences seem to want. (“Kinky Boots,” with a plot that involves drag queens, also makes a statement for a theater in Tennessee, where lawmakers have attempted to restrict drag shows.) There will be more adventurous productions, but in a smaller theater: “The Moors” by Jen Silverman, and “Anon(ymous)” by Naomi Iizuka.
But selling tickets show by show, instead of as a package, is challenging and expensive.
“It takes three times as much money, time and effort to bring in someone new,” said Tom Cervone, the theater’s managing director. He said the theater is trying everything it can — print advertising, public radio sponsorships, social media posts, plus appearances at local street fairs and festivals where the theater’s staff will hand out brochures and swag (branded train whistles to promote “Murder on the Orient Express,” for example) while trying to persuade passers-by to come see a show.
The theater, which is on the flagship campus of the University of Tennessee, is less dependent than some on ticket revenue, because, like a number of other regional nonprofits, it is affiliated with a university that subsidizes its operations. Still, the money it earns from ticket sales is essential to balancing the budget.
“It’s been scary some days,” Cervone said, “like, where is everybody?”
Michael Paulson is the theater reporter. He previously covered religion, and was part of the Boston Globe team whose coverage of clergy sexual abuse in the Catholic Church won the Pulitzer Prize for Public Service. More about Michael Paulson
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feluxution · 1 year
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marklyndersay · 3 months
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Adobe's terms of disservice
Above: Adobe’s headquarters in Silicon Valley Photo by wolterke/DepositPhotos BitDepth#1463 for January 17, 2024 Adobe, the market leader in delivering software for designers, photographers and creators across a range of fields found itself in hot water with its customers when the wording of its new terms of service in the revised end user licensing agreement (EULA) struck a discordant…
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coolbeansfangirl · 5 months
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You're What You Own
You're What You Own
Go to any garage sale and you’ll find piles of DVDs for sale. Everyone’s getting rid of their collection. With streaming being so commonplace, no one’s turning to their hoards of disks for entertainment, so now getting a dollar or two for them is the way to go. Obviously, clicking play on Netflix is easier than finding the disk on the shelf, turning on the DVD player, zipping through the menu,…
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madhukumarc · 9 months
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How do subscription models contribute to customer retention and loyalty?
Subscription models have become increasingly popular in recent years, and for good reason. They offer a unique way for businesses to build customer retention and loyalty.
In this post, I'll delve into the various ways subscription models contribute to customer retention and loyalty.
Do you know? - “Millennials are the most likely to pay for content: 58.0% have a subscription” – Attest 2023 Report
Subscription Models for Customer Retention and Loyalty:
1. First and foremost, subscription models provide customers with a sense of convenience. By subscribing to a service or product, customers can enjoy a hassle-free experience.
They don't have to worry about repurchasing or keeping track of their purchases. This convenience factor plays a significant role in keeping customers loyal.
After all, who doesn't love simplicity?
2. Moreover, subscription models often come with added benefits and perks that customers wouldn't get with one-time purchases.
These can include exclusive access to premium content, personalized recommendations, early product releases, or even discounts on additional purchases.
By offering these extras, businesses incentivize customers to stay subscribed and build loyalty over time.
“According to our data, the top subscription acquisition sources are: Sign-up form on home page (37%), Online registration for webinars or events (33%), and Sign-up form on other customer-facing page of website (33%)” - The 2023 State of Email Workflows Report
3. Another noteworthy aspect of subscription models is the element of surprise and delight.
Many subscription services curate boxes or packages that contain different products each month.
This surprise factor not only keeps customers engaged but also creates anticipation and excitement around the next delivery. It's like receiving a gift every month.
This emotional connection strengthens the bond between the customer and the brand, leading to increased loyalty.
4. Additionally, subscription models foster a sense of community and belonging.
Many subscription services have online forums or communities where subscribers can interact with each other, share experiences, and provide feedback.
This creates a sense of belonging and allows customers to feel part of something bigger than just a purchase.
By nurturing this community aspect, businesses cultivate loyal customers who advocate for their brand.
5. Furthermore, subscription models enable businesses to gather valuable customer data.
With each subscription renewal, businesses have an opportunity to collect feedback, preferences, and usage patterns.
This data can be used to better understand customers' needs and tailor future offerings accordingly.
By continuously improving their products or services based on customer feedback, businesses can increase customer satisfaction and further strengthen loyalty.
“Outline a subscription program for items that need frequent replenishment and add value by throwing in a little extra goodie— some of that slow-moving inventory you’d love to clear out” – American Express and PayPal Survey [Retail Dive Newsletter]
6. Lastly, subscription models often offer cost savings compared to one-time purchases.
Customers are more likely to stay subscribed if they feel they are getting a good deal or saving money in the long run.
The perceived value of a subscription can outweigh the cost, making it an attractive option for customers who want to maximize their budget.
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Image Content Source - Social Media Trends 2024 Report by ICUC Social
In conclusion, subscription models contribute to customer retention and loyalty through convenience, added benefits, surprise and delight, community building, data collection, and cost savings.
By leveraging these aspects effectively, businesses can create long-term relationships with their customers and foster brand loyalty in an increasingly competitive market.
Here's related information that you may also find helpful – Customer Retention vs Customer Development [with FAQs]
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embervoices · 1 year
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Subscription used to mean collecting.
Now it means if you don't continue to pay you lose access to the content you've already consumed.
Somewhere along the line, the subscription model became an addiction model, and I don't think that's actually good for us as consumers.
(This mini-rant supplied by the realization that, because Sandman is with Netflix, I will likely never get to own it on DVD or other hard copy digital media.)
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[Image 1 & 2 ID: Twitter thread by anna borges (@/annabroges) that reads:
is the subscription bubble ever going to burst because i cannot pay an ever-increasing fee for every aspect of my life every month for the rest of my life please god when will it end
tbh one reason the demise of twitter continues to bum me out is that it's just an extreme example of how anything we don't personally own is subject to the whims of rich assholes, which is extra depressing when the # of things we can own vs. rent/subscribe to decreases every day
/end ID]
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mackhoon-blog · 2 years
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How Apps Make Money: Exploring Different Revenue Streams
Discover how your favorite apps make money! In-app advertising, in-app purchases, freemium and subscription models, and sponsorships/partnerships are just a few ways that apps generate revenue. Learn more about these strategie #appmonetization #mobileapps
Introduction Mobile apps have become an integral part of our daily lives, helping us with everything from staying organized to staying entertained. But have you ever wondered how these apps make money? The answer is not as straightforward as you might think, as there are many different ways that apps can generate revenue. In this article, we’ll explore the various methods that apps use to make…
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anarchotolkienist · 1 year
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The reason why social media has gotten so much worse recently (reddits recent fuck-up, everything on Twitter since Musk, FB being FB, Tumblrs various attempts at expanding profitability recently) is because it is no longer possible to exist as a company by fencing in large parts of our social life and having investment money pump in on the basis of expected future value of that amount of information when it suddenly costs money to loan money due to suddenly high interest rates after the inflationary crisis of the last year, which has made the current model of the Internet that has existed for the last about 10 years completely unsustainable. All of them need to become profitable or die, and they are learning very quickly that that just isn't possible no matter how much of the life and information of the users one steals. We are witnessing the death-throes of Web2.0, and what comes after is as yet unclear.
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failedgrailknight · 26 days
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The chess game is taking a turn
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utilitycaster · 6 months
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I know this has been said before but man I wish people stopped acting like it's a profound shock when they are not personally notified about Critical Role's schedule. There is a website. There is a newsletter. There is a Twitter. Matthew Mercer is not going to show up on your doorstep and gently type in the URL, his hands over yours like Patrick Swayze in Ghost. The power rests within you.
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