Home Delivery Service Beyond CPM

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Presentation transcript:

Home Delivery Service Beyond CPM Michael Otero The New York Times

Print is Important to our Subscribers Print subscribers still assign the majority of the value of their subscription to Print. A large segment say they would not subscribe to digital-only, if print were unavailable! Consumer demand for the newspaper is strong and print plays a majority role in Company revenue and profit. Our print subscribers are highly satisfied and engaged with print and see a distinct value to the print medium. They see print as offering a more focused reading experience and, for some, a chance to disconnect from digital.

Home Delivery Service Improvement Put the home delivery subscriber at the center of all we do. The NYT has implemented a mix of proactive efforts to improve the subscriber experience. New hires whose primary responsibility is to enhance our subscribers’ brand experience to improve retention. Journey mapping. HD and Customer Care focused surveys.

Survey Measurements Sent to a random sampling of HD subscribers on a weekly basis. Measure three industry-standard CX metrics. CSAT (CUSTOMER SATISFACTION) – What is your overall satisfaction with The New York Times delivery experience? LIKELIHOOD TO RECOMMEND – How likely are you to recommend The New York Times to someone else? LIKELIHOOD TO RETAIN – How likely are you to subscribe/renew your subscription to The New York Times in the next year?

Best Practices Info sharing critically important as we work together to improve our mutual goal of service to print subscribers. Promote knowledge sharing and collaboration within our industry. Help with the consistency of distribution processes across partners and markets. Increase the efficiency and accuracy of distribution. Employees based in Distribution Centers Transactions are automated Daily/weekly reconciliation of NYT subscriber file Sunday focus

Metrics & Analytics Beyond CPM Repeat Complaints No Start % Recovery Missed % Bad Service Stops FPA’s (escalations/hot complaints) Preventable Complaints Delivery Related Billing Credits Repeat Complaints Primary drivers of churn for new subscribers

Repeat Complaints In 2016, 25% of NYT subscribers generated 88% of complaint volume!

FPA (Field Problem Alert) Automation Project Why FPA?......Highlight repeat complaints in effort to resolve severe delivery problems for subscribers likely to cancel. Before Manual and inefficient labor intensive effort. Did not include complaints received from all channels. No visibility into status of complaints that were escalated. FPA eligibility is 3 complaints in 30 days. After System determines and assigns escalation level. System sends FPA’s. Includes complaints received from all channels. Better visibility into complaint status Subscriber “close-the-loop” Hybrid FPA eligibility (3-in-30 and 2-in-8)

No Starts Results 2015: No Start % = 9.7% 2016: No Start % = 9.5% 2017: No Start % = 10.3% (through October 29)

Recovery Missed Results 2015: RM % = 10.0% 2016: RM % = 11.6% Next-Day redelivery SOP change contributes to higher RM % 2017: RM % 11.6% (through October 29) - Improved trend