Alan Weaver Associates business consultants for subscription-based publishers
 
Publishing Model   Lifetime Value Model   Toolkit for Subs Sales   Training Courses   Consultancy Advice   Useful Information   Client List   Order Here
 
 
The UK Subscription Fulfilment Report
Subscription marketing glossary
Translations of common publishing words

Subscription marketing glossary
(View all)

152 entries found.

ABCThe Audit Bureau of Circulations (see “Audit Bureau”)
ACORNA system of classifying UK households into 56 demographic groups
Acquisition costsThe total cost of obtaining new subscribers. This would typically include promotion costs, return postage cost, invoicing and premium costs, and the cost of free copies despatched before bad payers are cut-off. Typically, each source group has different acquisition costs
Active subscriptionA subscription receiving copies. There are two types: active paid (which continues until subscriptions expire without renewing) and active unpaid (which occurs when subscribers have taken out subscriptions on credit or “bill-me” offers and before they have paid their subscription or have been cut-off for non-payment)
ActivesThe number of active subscriptions (as opposed to lapsed, suspended or cancelled subscriptions) on the file, issue-by-issue
AddsNew names added to the subscription file, and particularly used with Controlled Circulation titles
Advance renewalRenewals generated by promotional efforts sent out well in advance of publishers’ regular renewal series (also known as “Early-bird renewal”)
Advertiser copiesEach advertiser in a given issue is normally sent a copy of that issue to check the advert
Advertising driven publicationA publication that derives more than half of its sales revenues from advertising (see “Circulation driven publication”)
Affinity programmesJoint marketing programmes carried out by publishers and their partners (such as financial services and travel companies). Publishers promote subscriptions to their partners’ customers, and partners promote their products and services to subscribers
Agent-sold subscriptionsPaid subscriptions sold by commissionable, outside agencies. There are five types of subscription agents: traditional (Swets-Blackwell etc); specialist (Nordic Subscription Services, Repromotie etc); stamp-sheet (PCH etc); affinity (ADLP, Synapse etc); and electronic (subscription.co.uk etc)
Alternative deliveryDelivery of subscription copies by private carriers outside the Royal Mail postal system
Ancillary productsAny non-magazine or non-newspaper products or services sold by publishers to readers. Examples include books, conferences and branded merchandise
ArrearsAnother word for grace copies
Audit BureauAn independent organisation which audits the claimed circulation of its publisher members on behalf of advertisers and advertising agencies (eg ABC, BPA)
Automatic renewalSubscriptions sold with Direct Debit or Continuous Credit Card payments which renew automatically until the subscriber cancels. (also known as “Continuous renewal” and “Negative option”)
Back issuesCopies delivered to a new subscriber which are older than the current issue
Backdating (or Back-starting)Starting new subscriptions with back issues rather than with the current issue. This can be requested by the subscriber or could be initiated by the publisher to increase circulation volumes within an ABC audit period
Bad payThose people who respond to new subscription promotions offering credit terms (eg. "send no money now...") and who fail to settle their accounts. Their subscriptions are then cancelled by the publisher
Bad pay copiesCopies sent to a non-paying credit subscriber before they are cut-off for non-payment
Basic rateA magazine’s standard, published subscription price, usually for one year
Billing costCost of billing credit subscriptions acquired through “bill-me” offers
Bill-me offerA new subscription offer which does not require payment in advance of copies being despatched (see also “Credit subscription”)
Bind-insAnother word for bound inserts
Bound insertsSubscription promotion cards bound into each issue of a magazine. Also known as “bind-ins” or “blow-ins”
BPA InternationalAn audit bureau mainly for business-to-business publications (see “Audit Bureau”)
BRE’sBusiness rely envelopes, often used in new subscription promotions to increase response
Bulk subscriptionsMultiple subscriptions sold to one customer, usually at a discount. Special audit regulations apply to these sales
BundleSubscriptions to two or more different publications sold at a special combined rate (also known as “Product bundle”)
Caging(An old concept connected with cash processing). The department within a fulfilment operation which processes incoming mail containing cheques and credit card payments
CancelDiscontinuing an active subscription before expiry, usually at the request of the subscriber
Charter subscriptionA term often used in the US to describe subscriptions taken out at the launch of a new publication, usually at a discounted rate
Cheshire labelsNon-adhesive 4-up address labels printed on computer listing paper and fixed to magazine wrappers by a special “Cheshire” machine
Circulation driven publicationA publication that derives more than half of its sales revenues from circulation (see “Advertising driven publication”)
Circulation modellingUsing a PC and spreadsheet package to calculate the financial consequences of different circulation development strategies
Cold mailDirect mail to people whose names and addresses are obtained from external mailing lists
CommissionA payment to a subscription agency, usually a percentage amount of the subscription price. The agency collects from the subscriber, deducts the commission and remits the balance to the publisher
Compiled listA mailing list generated from name and address records found in directories, newspapers, membership records etc. Unlike subscriber lists and direct marketing sales lists, people in compiled lists have not shown any preferences for buying products through direct marketing
Continuous renewal (or Continuous service)Subscriptions sold with Direct Debit or Continuous Credit Card payments which renew automatically until the subscriber cancels. (also known as “Automatic renewal” and “Negative option”)
ControlIn subscription promotion tests, the basic package against which other promotions are compared
Controlled circulationTrade and technical publications sent free-of-charge to specific groups of readers. Recipients are selected by publishers on the basis of their demographics (job title, industry type etc) and are subject to special audit regulations
ConversionConfusingly, this word is often used in three ways: any first-time renewal (where it is also known as “sensitive renewal”); the process of converting Controlled Circulation readers into paid subscribers; and the process of converting Forced-Free Trial readers into paid subscribers
Cost per paid orderThe ratio of the promotion cost relative to the number of paid orders (promotion cost / paid orders)
Cover wrapAlso called a “wrap”, “wrapper” or carrier sheet”. A sheet of paper attached to both sides of a magazine and normally containing the mailing label. Often used for promotional purposes such as notifying subscribers of their final issue before expiry (see “Outsert”)
CPMPromotion cost per thousand (also known as “CPT”)
CPOCost per order or, more precisely, marketing cost per subscription order
Credit orderA new subscription order which does not require payment to be made at the time of sale. The subscriber is billed for the subscription price and received copies straightaway, before the payment is received
Credit subscriptionsCopies served on subscriptions sold on credit through “Bill-me” offers. If payment is received, the copies delivered become paid copies. If not, they are considered unpaid copies and written-off as part of the calculation of promotion profitability
Cross-sellA promotion method in which customers of one product are offered another product, often at a discounted rate
Deferred income(Also known as “Subscription liability”) Subscription payments made by subscribers to publishers in advance of issues being sent, and accounted for in the publisher’s Balance Sheets. After each issue is released a proportion of deferred income is transferred to the publisher’s Profit & Loss account (see also “Earned income”). The accounting is as follows: Earned income + Deferred income = Total subscription price.
DeletesExisting names deleted from the subscription file, and particularly used with Controlled Circulation titles
DemographicsCharacteristics of a group of readers. These could include age, income, gender and household type (for consumer titles); or job title, company size and industry sector (for business-to-business titles)
Direct requestReaders of controlled circulation magazines who have verified (in writing, by telephone or through the web) that they are qualified to receive the publication free of charge and that they want to receive it
DonorThe purchaser of a gift subscription
DrawThe number of newsstand copies that are distributed to wholesalers each issue
Dupes (or Duplicates)Two copies of the same subscriber record, differing only in minor details such as flat number, company name etc, and often occurring when renewal orders are erroneously re-entered as new subscriptions
Early-bird renewalRenewals generated by promotional efforts sent out well in advance of publishers’ regular renewal series (also known as “Advance renewal”)
Earned incomeThe proportion of the total subscription price which is booked to the publisher’s Profit & Loss account, issue by issue (also known as “Revenue release”). The accounting is as follows: Earned income + Deferred income = Total subscription price
EffortAny individual promotion to a subscriber or prospect such as an insert card, off-page-ad or renewal letter. Renewal and billing series both contain several efforts
Expire date (or expiry date)The date on which the last issue of a subscription contract is delivered
Expire(s)As a verb, what happens when a subscription reaches the end of the contract without renewing. As a noun, a group of subscriptions whose contracts terminate at a certain date (eg “the January 2002 expires”).
Forced-free trials (or FFTs)A short-term, free subscription sent without request to targeted groups of readers with the goal of converting them into paid subscribers. Most often used by newsletter publishers
Free listFree copies given to selected readers (also known as “Comp list”)
FrequencyThe time period between successive issues of a publication such as weekly, monthly or quarterly
FSIFree-standing insert, such as a product brochure, inserted into or packed with the publication
FulfilmentAn all-inclusive term referring to the numerous tasks involved with creating, updating and maintaining subscriber lists – which include payment processing, subscription accounting, label production, renewals, circulation auditing and marketing reporting. Fulfilment can be carried out in-house or sub-contracted to an external service bureau (also known as “Subscription fulfilment”)
Future startsNew subscriptions, entered with instructions to deliver the first issue at a specified date in the future
Gift subscriptionsSubscriptions paid for by someone other than the recipient
GiroA payment method widely used in continental Europe. Giro accounts are set up at banks or post offices and funds are electronically transferred from one account to another
Gone-awaysReturned mailings when the address on the envelope is no longer valid
Grace copies (or gracing)Copies delivered free of charge to subscribers after they have expired. ABC regulations define how grace copies can be counted as valid circulation
Gross responseThe total number of prospects who order a subscription from a given promotion, irrespective of whether or not they are paid for. The number is expressed as a percentage of total promotions mailed (see also “Net response”)
Group subscriptionsSubscriptions sold in quantity to companies or organisations
Hard offerA new subscription offer which does not treat the first few issues as a no-obligation trial
House listsA database of current and previous customers such as subscribers, book buyers and conference delegates
Identified renewalsRenewals resulting from the publisher’s regular renewal series. Renewal orders from promotions other than the renewal series are called “Unidentified renewals”
Instalment billingAllowing a subscriber to pay in instalments
IntervalThe time period between successive renewal efforts
InventoryA fulfilment report showing all subscriptions for a given publication, usually sorted by a common parameter such as expiry date, subscription price, term length or source group
IssueCopies of a publication with a specific date on the cover (eg the January 2002 issue)
Issues-to-goThe number of issues remaining before the expiry of a subscription
KeyThe promotion code which appears somewhere on each subscription order (see also “Source code”)
Lapsed subscribersSubscribers who have not renewed their subscriptions.
Lifetime valueA financial appraisal of the long-term profitability of new subscriptions sold through a particular promotion campaign. In this appraisal year-on-year costs (from new subscription and renewal promotions, magazine production, fulfilment and postage) are subtracted from year-on-year revenues (from new subscriptions, renewals, list rentals, cross-sales and advertising) to calculate a forecast lifetime value. The calculation is also known as “Source evaluation”
List brokerAgents who rent mailing lists on behalf of list owners
Loose insertsSubscription promotion cards placed un-bound into each issue of a magazine. Known in the USA as “Blow-ins”
Mail quantityThe number of pieces mailed in a direct mail campaign
Mailing houseThird party bureau for inserting promotional items into envelopes, attaching mailing labels, sorting by postcode, and ensuring the items enter the postal system
Main label runAll labels initially produced for a particular issue. Additional labels for new subscriptions entering the subscription file after the date of the main label run are called “ Late labels”
Mass cancelThe automatic cancellation of any group of subscribers who have not paid for their subscriptions after a certain time period (see “Open credit”)
Member-get-MemberA promotion method where existing subscribers are given incentives to persuade their friends and colleagues to become new subscribers
Merge/purgeThe process of combining two or more mailing lists to remove duplicate records
Multi-buyersA list of duplicate names found on several mailing lists during a merge/purge process. The multi-buyers file often generates the highest response
Negative optionSubscriptions sold with Direct Debit or Continuous Credit Card payments which renew automatically until the subscriber cancels. (also known as “Automatic renewal” and “Continuous renewal”)
Net paid subscriptionsSubscriptions bought and paid for by the recipient
Net Present ValueA financial expression, used in Lifetime Value calculations, where the value of future profits is represented by a single number. For example, the Net Present Value of a subscription promotion campaign which generates profits at the following time: Year 1 = (£1,000); Year 2 = £2,000 and Year 3 = £1,000, and with the bank interest rate at 6% is £1,777. This is less than adding together each annual profit figure (£2,000 in this case) because £1 profit generated in the future is worth less than £1 profit generated now.
Net responseThe total number of subscription orders from a given promotion that are actually paid for, expressed as a percentage of total promotions mailed (see also “Gross response”)
Net subscriptionsGross subscriptions less cancelled subscriptions plus reinstated subscriptions
New businessNew subscriptions (as opposed to renewals)
NixiesA US term for “gone-aways”
Non-subscribing donorA person who gives a subscription but does not order his or her own subscription at the same time
On-offThe monthly movement of old subscribers leaving the active subscription file on expiry and new subscription orders entering the file after renewing or responding to new subscription promotions
Open CreditThe number of subscribers on file who have responded to soft offers and are receiving copies without having paid for their subscriptions. These subscribers will be cancelled if payment has not received by the publisher after a given number of copies have been delivered (see “Mass cancel”)
OutsertA sheet of paper covering one side of a magazine and normally containing the mailing label. Often used for promotional purposes such as notifying subscribers of the final issue before expiry (see “Cover wrap”)
Pay-up rateThe proportion of new subscribers who, after responding to a “bill-me” or soft offer, pay their invoice
PremiumIncentives for people to become new subscribers, or for existing subscribers to renew
Prior sourceSource codes of subscription orders before they renew
Product bundleSubscriptions to two or more different publications sold at a special combined rate (also known as “Bundle”)
ProductionThe number of new subscription orders entered to the fulfilment system since the last report was run
ProfileCommon characteristics of a group of subscribers
Promotion codeA unique code which identifies a specific promotion (also known as “Source code”)
Promotion costCosts of a subscription promotion campaign – including list rental costs, de-dupe costs, cost of printing and posting the promotion package, premium costs, BRE costs and invoicing costs
Prospect listsMailing lists of people (usually held on databases) who, because of their demographics, are potential subscribers
Qualified subscriberAny reader of a Controlled Circulation magazine whose statements on the registration form verify that he (or she) meets the targeted audience requirements of the publication and is therefore entitled to receive free copies
RAB (or Renew-at-Birth)An up-sell subscription order (eg moving a subscriber from a 1-year to a 2-year term length)
Rate baseA US term used to specify the level of circulation which is guaranteed (for each issue or over a six month period) for advertising sales purposes
RecipientThe person who receives a gift subscription
Re-instatesSuspended subscribers who pay their invoice after the cut-off date and are subsequently re-instated to the active subscription file
RemitThe proportion of the subscription price remitted from an agent to a publisher after agent commission has been deducted
RenewalThe process for extending an existing subscription order. First time renewals are often called “conversions” or “sensitive renewals”; second time renewals are often called “semi-sensitive renewals”; and third and subsequent time renewals are often called “firm renewals” or “pure renewals” (see “Conversion”)
Renewal rateNumber of renewals sold to a group of subscription expires, divided by the total number of subscription expires in that group
Renewal seriesA scheduled series of promotional efforts sent to a group of subscribers. Usually starts well before expiry date and generally continues a few months after expiry date
Re-qualificationThe renewal of controlled circulation registrations
Requested cancellationsSubscriptions cancelled by the subscriber
ReturnsMagazines that are distributed for sale on the newsstands but remain unsold (see “Sell-through rate”)
ROI (or Return on Investment)A measurement of short-term profitability from subscription promotion campaigns and calculated as follows: (First year subscription revenue – promotion costs) ¸ Promotion costs
Seed nameA fictitious name and address included in the active subscription file to monitor the timing of delivery of each issue, the timing of delivery of renewal efforts, and the usage of list rentals
Self-mailerA mailed promotion designed so that a portion of it can be used for a reply (eg double postcard)
Sell-through rateThe percentage of distributed newsstand copies that are actually sold (see “Returns”). Also known as “Sales efficiency”
Sensitive renewalRenewals sold to first-time subscribers (see “Conversion”)
Short-term subscriptionSubscriptions lasting less than one year
Snap packA type of self-mailer promotion used by international magazines to save postage costs
Socio-economic groupsA system of classifying UK adults by occupation and social status. The classification groups are:
Group:Social status:Occupation:
AUpper middle classHigher managerial and professional
BMiddle classManagerial and professional
C1Lower middle classSupervisory and administrative
C2Skilled working classSkilled manual workers
DWorking classSemi- and unskilled manual workers
EOthersWidows, pensioners, casual workers
Soft offerA new subscription offer which treats the first few issues as a no-obligation trial. Subscribers can cancel their subscriptions during this time without payment by writing “cancel” on their invoices
Source codeA unique code which identifies a specific promotion. Sources codes are normally structured to identify the source group, promotion date, mailing list used, offer and creative (also known as “Promotion code”)
Source evaluationA financial appraisal of the profitability of new subscriptions sold through a particular source group. In this appraisal year-on-year costs (from new subscription and renewal promotions, magazine production, fulfilment and postage) are subtracted from year-on-year revenues (from new subscriptions, renewals, list rentals, cross-sales and advertising) to calculate a forecast lifetime value (see also “Lifetime value”)
Source groupThe marketing channel that produced a subscription sale, such as Direct Mail, Insert Cards or Off-Page-Ads.
Split testsTwo similar and representative samples from the same list (designated as A and B) and used for comparison purposes. For example, a 1-year subscription at £50 could be promoted to sample A, and a 1-year subscription for the same product at £40 could be promoted to sample B
Stamp sheet agentsSubscription agents which use direct mail to promote magazine subscriptions on behalf of a variety of publishers. Promotions contain a sheet of stamps, with each stamp describing a particular magazine on offer
StartsNew subscribers coming onto the active subscription file for the first time and scheduled to receive their first issue of the magazine
Subscription fulfilmentAn all-inclusive term referring to the numerous tasks involved with creating, updating and maintaining subscriber lists – which include payment processing, subscription accounting, label production, renewals, circulation auditing and marketing reporting. Fulfilment can be carried out in-house or sub-contracted to an external service bureau
Subscription liabilityThe total value of paid-up but unserved subscription copies due to subscribers, part of which will be released to the publisher’s Profit & Loss account each time an issue is served. This amount should, in theory, be returned to subscribers if the publication closes down
Suppression fileFile made up of names of people who have indicated that they do not want to receive direct marketing offers. Examples include the Mail Preference Service and Telephone Preference Service
SuspendsSubscribers removed from the active subscription file because of non-payment. No further copies are despatched to this group
TelemarketingSelling subscriptions by telephone (ie out-bound telemarketing). Responding to new subscribers who place their orders by telephone (ie in-bound telemarketing)
TermThe number of issues within one subscription contract (eg 12 months, 2 years)
Third partyPromotion arranged and implemented through non-publishing partners
Trial subscriptionA short-term introductory subscription which allows casual readers to sample the publication at minimal cost
Unidentified renewalsRenewal orders received as a result of promotions initiated by the publisher which are outside the normal renewal series, such as Insert Cards and Off-page-Ads containing offers for existing subscribers
Unpaid copiesCopies delivered to new credit subscribers before payment has been made
Welcome letterA letter sent to new subscribers containing a welcome message and a subscription extension offer
White mailUnsolicited subscription orders
 
 

Home | Search | Site map | FAQ | Privacy | Contact

© Alan Weaver Associates, 2005-2008