plus
One of the things that has become incredibly important for publishers is to create a good and useful propensity model. Propensity means that you create a model that helps you influence your audience to act in a certain way, like convincing them to subscribe, to upsell something to them, to expand into new areas, to better interact with your advertising, or to prevent them from churning.
But how do you create a propensity model? What is in this model? And what kind of considerations should you remember to focus on?
This is what we will talk about in this 31-page report.
Let's start this guide at the very beginning. What even is a propensity model? Well, in the simplest terms, a propensity model is a way to use data to segment our audiences into meaningful groups, which we then present with different things in order to convince people to make a different choice.
This choice can be focused on many different things depending on what each group is lacking, and what kind of result you are looking to achieve (more about that below). But the model is essentially this mix of data, leading to segmenting, leading to experimentations, and finally leading to an outcome.
But the keyword here is in the name. How do you convince people to want to behave in a certain way?
Propensity [noun]: an inclination or natural tendency to behave in a particular way.
This also means that a propensity is not just some theoretical model that you can adopt. Because you are trying to change people's behaviors, it's a working model. It's something that is going to be different for each group of people (hence the importance of segmenting), and it's something where the result can only be achieved through experimentation.
Register to try out Baekdal Plus completely for free for one week.
Baekdal Plus is your premium destination for trends and analysis for the media industry. Every year you get 25 reports about the future media trends, business and editorial strategies, monetization analysis and insights about how to use analytics specifically for publishers.
As a subscriber, you also get full access to all the Plus reports (more than 200) published over the past 8 years, as well as the ability to share what you read.
Yes, of course, please write to plus@baekdal.com and I will send you a regular invoice that you can pay via your bank. I will need your company name, address and VAT number (if within the EU). Also, please note that due to this process being manual, this will be for an annual subscription only.
Yes, please write to plus@baekdal.com for details. But for 25-99 users: the price is 20% off the subscription price ($79/year per user), 100+ users is a fixed price at $5,000 (for all combined).
Yes, please head over to Baekdal Media to read about consulting where I can help you with strategy reviews, trend and strategy reports, and strategic guidance for you media company or a specific publication.
Free for subscribers
...or full access for $12
Free for subscribers
...or full access for $12
Several publishers have found that reducing volume leads to an increase in revenue
Free for subscribers
...or full access for $12
Free for subscribers
...or full access for $12
Time is such a critical metric for publishers, but it's also a very complicated one.
Free for subscribers
...or full access for $12
Free for subscribers
...or full access for $12
Free for subscribers
...or full access for $12
Free for subscribers
...or full access for $12
Publishers who start their own data studios need to take extra steps to identify real people.
Free for subscribers
...or full access for $12
How subscriber analytics is moving from looking at metrics to identifying patterns.
Free for subscribers
...or full access for $12
Founder, media analyst, author, and publisher. Follow on Twitter
"Thomas Baekdal is one of Scandinavia's most sought-after experts in the digitization of media companies. He has made himself known for his analysis of how digitization has changed the way we consume media."
Swedish business magazine, Resumé
plus
free
plus
plus
plus
free