Greeley Tribune (Market Research)
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Transcript of Greeley Tribune (Market Research)
THE GREELEY TRIBUNEPAYMENT OPTIONS
- Liliana Madera -
- Josh Leiker - Lyles Armour Jr –
- Thomas Dolan Jr - Zachary McCandless -
To determine preferred payment options for online subscriptions
Provide recommendations that would best benefit the Greeley Tribune in capturing new online readers
Research Objectives
Defined Payment Methods
54%
26%
10%
2%2%
6%
Preferred Payment Method
Monthly subscription w/ unlimited access
Yearly subscription w/ unlimited access
Daily subscription
Per minute subscription
Per page/section sub-scription
Daily allowance of free articles
Who is Willing to Pay
Mon
thly sub
scrip
tion
w/ u
nlim
ited
acce
ss
Year
ly sub
scrip
tion
w/ u
nlim
ited
acce
ss
Daily sub
scrip
tion
0%
20%
40%
60%54%
34%
6%
55%
28%
10%
Gender Male Gender Female
Are You Worth It ???
Monthly Subscription
Yearly Subscription
Daily Subscription
0%10%20%30%40%50%60%
60% 29% 11%
Worth Purchasingwww.greeleytribune.com
Who to Target
17 - 34 35 - 51 52 - 69 70 +
59% 65%55%
42%
31%29%
36%42%
10% 6% 10% 16%
Payment Preference Based on Age
Daily Subscription
Yearly Subscription
Monthly Subscription
Age Ranges
Preferred Payment Method
Total
Monthly subscripti
on w/ unlimited access
Yearly subscription w/ unlimited access
Daily subscription
Per minute subscription
Per page/section
subscription
Daily allowance of free articles
Income $10,000 22 16 6 0 3 3 50
$27,500 32 14 7 0 0 3 56
$42,500 34 15 4 0 0 5 58
$57,500 31 17 2 0 0 0 50
$72,500 32 10 6 0 1 2 51
$87,500 19 15 3 0 1 3 41
$102,500
19 14 2 0 0 1 36
$117,500
10 6 2 0 1 1 20
$132,500
22 12 1 1 0 2 38
Total 221 119 33 1 6 20 400
Where To Target
Facebook Twitter MySpace
62% 58% 61%
29% 35% 28%
9% 7% 11%
% Breakdown of Payment PreferenceCompared to Social Media Options
Daily
Yearly
Monthly
Preferred Media Sources
56%35%
9%
Internet News Readers
Monthly Subscrip-tionYearly SubscriptonDaily Subscription
Preferred Media Sources
58%
30%
11%
Newspaper Readers
Monthly Subscrip-tionYearly SubscriptionDaily Subscription
Preferred Media Sources
59%
32%
9%
Television
Monthly Subscrip-tionYearly SubscriptionDaily Subscription
Type of Readers
Headl
ines
Onl
y
Shor
t Sto
ries
Brie
f Sum
mar
ies
Detai
led
Artic
les
60% 60% 60% 50%
29% 31% 34% 40%
11% 9% 6% 10%
Type of Reader
Monthly Subscription Yearly Subscription Daily Subscription
Conclusion Avg. paid Circulatio
n
Pricing Plan Introduction Date
Results(website traffic)
Valley Morning Star*23,294 $.75 day
$3.95 month$39.50 year
07/2009 Slight increase
Newport Daily News *12,000 $5.00 day
$10.00 week$345.00 year
06/2009 Down 30%(Single sales up 8%)
(Pearson, 2009)Daily Gazette*
44,242 $2.95 week 08/2009 Traffic down 40%
Arkansas Democrat-Gazette*
182,789 $5.95 month$59.00 year
01/2002 Paid daily circulation down 1%
Albuquerque Journal* 101,810 $110.00 year$38.25 3 month
01/2001 Paid daily circulation down 6%
Bend Bulletin* 32,682 $8.00 month$96.00 year
01/2005 1,200 online-only subscribers
•3 Payment Options
• Monthly• Yearly• Daily
•Social Media / Internet Users
•Age
•Lifestyles