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Publishers Dropping the Ball on Email Marketing

Publishers Dropping the Ball on Email Marketing 300x200 Publishers Dropping the Ball on Email MarketingThe basics of email marketing aren’t so basic to everyone.

According to a new report from Lyris, the shift from print to digital has “transformed the publishing industry, but many publishers are still struggling with the basics of email marketing.”

That’s the revelation from a recent FOLIO survey sponsored by Lyris.

The survey of more than 175 publishing professionals found that they are still grappling with the fundamentals of digital messaging to drive increased subscriptions and advertising revenue.

Despite the proven effectiveness of email marketing, the survey results point to key areas of email marketing weakness among publishers:

  • List building and maintenance: Publishers cite list growth as their number one pain point. As a result, list growth and improving subscriber data quality are their top priorities for next 12 months.
  • Mobile optimization: In spite of the fact that most email is viewed on mobile devices, only 34 percent of survey respondents said their emails are fully mobile-optimized. While many have plans to expand their mobile design efforts, 16 percent of respondents are not even sure where to start.
  • Personalized messaging: Nearly 40 percent of survey respondents said they don’t analyze audience behaviors, including subscriber and browser abandonment, to create personalized messages. Personalization based on behavior was also low on the list of email marketing priorities for the next 12 months, with only 30.7 percent of responses.
  • Strategies for engagement: Nearly 79 percent of respondents said they don’t have a strategy to engage with inactive subscribers, leaving a significant revenue opportunity untapped.

“Publishers are well-known for having a deep understanding of their audiences. However, the survey findings reveal that they have yet to apply those experiences to email marketing,” said Alex Lustberg, CMO at Lyris. “This represents a significant opportunity for the industry to apply email marketing best practices to better engage their audiences to increase advertising and subscription revenue.”

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Mobile Marketing Watch » Marketing Strategy

Velti Introduces Custom Private Exchanges for Premium Publishers

Mobile Marketing Velti Introduces Custom Private Exchanges for Premium PublishersVelti today announced the availability of “custom private exchanges for premium publishers.”

What does that mean exactly? According to the venerable provider of mobile marketing and advertising technology, Velti is now allowing publishers to “cherry pick” their demand partners with valuable inventory from the Velti mGage exchange.

“This latest addition,” the firm says, “puts Velti at the forefront of the mobile marketing and advertising space as a leader in optimizing ad impressions and reach to improve campaign ROI.”

At present, premium publishers – media companies, mobile carriers, etc. – may privately sell inventory to a select list of agencies, ad networks and brands, both directly and indirectly. The new tool takes these options and dramatically expands them.

With this enhancement, publishers now will have more control to sell their supply to specific demand sources, increasing inventory pricing and reducing conflict between direct and indirect sales channels for higher fill rates– protecting valuable audience and business data from being exploited by remnant advertisers. The private exchange will enable premium publishers to expand their ad inventory, and extends the publisher’s audience through resale of exchange inventory.

“The Velti private exchange opens up a valuable strategic channel for premium publishers and platforms to increase their ad sales inventory and reach a broader target audience without commoditizing their inventory,” said Krishna Subramanian, Chief Marketing Officer at Velti.

“Premium publishers can benefit from the efficiency and liquidity of automated markets”, adds Sunil Verma, GM of the Velti Exchange. “Agencies can work directly with premium content to create highly targeted and efficient buys.”

Interested in learning more? If so, check out www.velti.com.

Mobile Marketing Velti Introduces Custom Private Exchanges for Premium PublishersMobile Marketing Velti Introduces Custom Private Exchanges for Premium Publishers

Mobile Marketing Velti Introduces Custom Private Exchanges for Premium PublishersMobile Marketing Velti Introduces Custom Private Exchanges for Premium Publishers

Mobile Marketing Velti Introduces Custom Private Exchanges for Premium PublishersMobile Marketing Velti Introduces Custom Private Exchanges for Premium Publishers

Mobile Marketing Watch » Marketing Strategy