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Circulation
modelling:
Q:
What is the difference between The Weaver Publishing Model and The
Weaver Subscription Lifetime Value Model?
A: The Weaver Subscription Lifetime Value Model is a
software tool for calculating the financial returns from new subscription
promotion campaigns. The Weaver Publishing Model, on the other hand, quantifies
the overall financial effects of different circulation development strategies,
including newsstand sales, new subscriptions and renewals
Q:
Do you use the two models together or separately?
A: Either way, but we designed the two models so the
output from The Weaver Subscription Lifetime Value Model (ie new sub starts and promotion costs by source group) can provide one of the data
inputs for The Weaver Publishing Model
Q: Why did you develop
The
Weaver Publishing Model?
A: We were European partners of Lighthouse Publishing
Services and we installed and supported The Lighthouse Publishing
Model for many years. When Lighthouse was sold in the mid 1990s we
didn’t want to work with other US circulation modelling suppliers
and chose to develop our own circulation model instead
Q: Why are
there several versions of The Weaver Publishing Model and The Weaver Subscription
Lifetime Value Model?
A: We developed separate versions to appeal to different types
of publishers - small circulation magazines and newsletters would use
the introductory level models, large international publishers with complex
subscription offers would use the sophisticated models, and so on
Q: How long
does a typical circulation modelling project take to implement?
A: Getting data from your fulfilment system or service bureau,
in the right format, is the most time-consuming part of most circulation
modelling projects. Typically, it takes two to six months before circulation
development scenarios can be created using automatic data loads from fulfilment
systems
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Q:
What information do you need from subscription fulfilment systems or
service bureaux, and how do you get it?
A: We provide a full specification of information needs -
the main categories are future expires by month, by payment status, by
payment method, by sensitivity and by source group; future revenue
release from deferred income by month, by payment status and by payment
method; and renewal rates by month, by payment method, by
sensitivity and by source group. We ask fulfilment suppliers to provide CSV flat files of subscriber
information and we have created a series of Excel pivot table reports
to analyse this data. Automatic routines have been developed for data
supplied by Tower, Dovetail, Quadrant and RED
Q: What IT
systems do you need to run the Weaver Publishing Model?
A: Although our models run under all versions of Microsoft Excel,
you will need Excel 2003 or above for PCs, or Excel 2004 for Macs to analyse
future expires using pivot tables. Ideally, your PC would have at
least 1Gb RAM.
Training:
Q: Can you
organise and deliver in-house seminars in different countries?
A: Yes, we’ve run in-house seminars throughout Europe, in the
USA and South East Asia
Consultancy
advice:
Q:
How do we prevent confidential
information from being disclosed to other publishers?
A: We work under the codes of practice of The Institute of
Management Consultancy, The Chartered Institute of Marketing and The
Chartered Institute of Personnel and Development, which prohibit the
disclosure of confidential information, and we sign
confidentiality agreements with our clients |