Premium Content: A Year Later

It’s hard to believe it’s been just over a year since I introduced premium content to my newsletter. In that time period, I also switched (last fall) from a monthly publication to a weekly publication, making the reminders of premium content even more visible. Let’s see what the data looks like now, one year later.

Some notes about the data. This comes directly from my mailing list, with hard bounces removed, for a total of 12,152 entries on a list that is now over 5 years old. We’re looking only at data from the period 3/4/10-present, which is 7,301 entries.

If you recall, premium content subscribers of my newsletter get premium status by completing their full name, title, and company in their newsletter subscription. No financial exchange is required, just personal information. In the data below, you will see the number of fields that were completed, from 0 to 4. Email address is implied since they can’t be on the list without one.

In the year prior to premium content, 3/4/10-3/3/11, the number of profiles with completed profile information:

Microsoft Excel

As you can see, the vast majority of profiles have no information at all, just an email address.

In the year after premium content, 3/4/11-3/3/12, the number of profiles with completed profile information:

Microsoft Excel

The tables have turned with premium content. Now the vast majority of profiles have some kind of personal information, and a majority have complete information.

As we talked about in previous posts, premium content folks have a higher propensity to come back and update their profiles, as well as do activities that are important, such as open and click on emails. Those other numbers are largely unchanged; the behaviors remain strongly positive. What I want to tackle instead is the question of whether frequency matters for premium content and getting people to update their profiles.

Let’s take a look at the completion rate of the list while it was a monthly newsletter, from the period of June 15, 2011 to October 30, 2011:

Microsoft Excel

And weekly, from October 30, 2011 to today:

Microsoft Excel

Putting the newsletter in front of people with premium content in it more frequently does have a slightly increased response rate for profile completeness, a difference of just under 3%. More important, it nudges people with 3 counts over into the 4 count category as well as getting people from the 0 count into higher levels of completion.

So, a year later, should you be using premium content in your newsletters? If you value participation, if you value completeness in your subscriber information, then you should absolutely be using premium content. The differences in list quality are staggering when you give people an incentive to participate and exchange value.

If you’d like to see the premium content in action yourself, I invite you to subscribe to my newsletter here.


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A day off…

I’m away from everything today to have some wisdom teeth removed. While I’m out, I thought I would leave you with a relaxing three minute video I shot near my office of a vernal stream as the snows melted. Enjoy.

See you next week.


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Are you reinforcing your social media content?

Are you getting the biggest bang out of your social media efforts?

If you’re not reinforcing it, then I’d hazard a guess that you aren’t.

What am I talking about? Reinforcement is a mechanism, a set of processes, to help increase the value, reach, and power of your social media efforts. Let’s assume that you’re doing the generally right things – creating content of value, reaching out to interested people, and engaging your audience in conversation. If you do those well, then your social media efforts are likely already successful or on their way to being successful. Congratulations are in order because so many don’t do those well.

However, because of its scale and nature, attention via social media is incredibly transient. Social sharing service Bit.ly made the claim back in September of 2011 that the average lifespan of a link is somewhere around 3 hours. That’s a fairly small window of attention, which means that if you’re doing social media marketing, you would need to be generating new attractors of attention every 3 hours.

That’s where reinforcement comes into play. Rather than have to come up with something new and brilliant every 3 hours (my hat is off to you if you can), you can approach your channels with reinforcement methods. Let’s look at 3 of them.

In-Channel Reinforcement

Applications like Argyle Social and Buffer are the kings of in-channel reinforcement. Don’t just use them for mindless spamming of the 8,472 random things you just read in Google Reader, though. Be a little thoughtful and scientific about their usage.

Crowdbooster: Social Media Marketing Analytics and Optimization

Look at your friend activity graph on Crowdbooster and reinforce your most valuable shared items at those time periods in-channel. For example, you’ll notice I frequently post on Twitter my day’s blog post with a “For the evening crowd…” tweet right around 8 PM, which is the peak of post-work activity.

By reinforcing in-channel, I am able to extend the life of the material I’m creating or curating.

Cross-Channel Reinforcement

It has been my experience that my social connections vary by network. My connections on Facebook tend to be folks I’ve met in person or who know of me. My connections on Twitter are wildly different, across the spectrum. My connections on Google+ are very much reflective of it being the early adopter/geek set. It’s also my experience that behaviors are different on each network. My connections stay glued to Facebook but don’t pay a lot of attention to any one thing. My connections on Google+ are less frequent visitors and commenters, but when they do jump in, they jump in with both feet.

To this end, I reinforce by going cross-channel. To give you an idea of workflow, I collate all of the stuff that I think is worth sharing for the day in Evernote, then format it for Twitter. That’s where I post #the5. I then create a separate version of the same material with added commentary or opinion for Google+ and Facebook if appropriate.

(3) Christopher Penn - Google+

By reinforcing material cross-channel, I reach different crowds of people. Some items that are popular and retweeted like crazy on Twitter are totally ignored on LinkedIn and vice-versa.

Out-Of-Channel Reinforcement

The final piece of reinforcement that I find effective is out of channel, where I use non-social methods to reinforce social media. Here’s a fun stat: 50% of the traffic I get out of my social media marketing efforts comes from non-social channels.

All Traffic - Google Analytics

How does that work? Simple: by collating all of the stuff I intend to share that day in Evernote, I have a repository at the end of the week that I can then reformat and place in my weekly newsletter. That gives added new life to the things that I’m trying to share, and in many cases things that got missed during the week’s activities get found and seen in the email wrap-up. Daniel Johnson Jr. wrote to me recently to say this about the newsletter:

“This wasn’t Almost Timely… it was definitely timely!!! It’s hard to keep up with posts throughout the week, so I appreciate that you compile the best stuff to include here.”

It’s difficult to overstate the importance of Daniel’s comment. When your content gets noticed, it has a 3 hour shelf life. When your content doesn’t get noticed, it has no life at all. Reinforcing with channels like email marketing can get it in front of people who missed it the first few times around, because email is a fundamentally different set of behaviors than social media channels.

Conclusion

If you’re not reinforcing your content, there’s a good chance it’s not getting the attention it deserves because we’re all so distracted, trying to pay attention to many channels at once. Think about how you could give it some extra life by reinforcing it, then go try it out.


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