Yesterday I ordered two magazines, online, because their content in many ways ties into what we’re doing here.
One of the publications was Money magazine. I subscribed to keep an eye on their content—specifically, how they engage readers through both words and presentation. I’m interested in how they use electronic media to supplement their print publication.
I found a website that offered a subscription to Money for $19. It sounded like a pretty good deal. Then I went directly to the Money site and got an even better deal: $14.95, plus an extra issue (bringing the total number to 13).
That’s pretty cheap.
I sent my order through and was given yet another attractive offer. I could add six issues of Fortune for an extra $4.95. I figured what the heck, it’s only five bucks, and clicked for that purchase, too.
Looking back, there were a few important factors at play when I decided to subscribe. Specifically, the purchase shows the importance of:
• Quality content. That’s what led me to seek out Money in the first place.
• Price. The deals seemed too good to pass up.
• Partnerships. Fortune was able to benefit from its connection with Money.
• Understanding the competitive nature of your marketplace. Money was offered at a lower price on its own website. That’s not always the case.
• A digital presence. I purchased the magazine after reviewing some content online. I wouldn’t have subscribed without that review.
• Doing the obvious. The Money website had intuitive navigation, and the “subscribe” button was easy to find. The transaction was effortless as well.
If the people at Money had done all the above right, but not made subscribing easy, I might well have moved on.