DIAL INTO DATA-DRIVEN MESSAGING
Beyond being cost-effective, renewal campaigns are a great way to start testing your messaging before you broaden your efforts into acquisition. Steppenwolf Theatre Company ran a one-month renewal campaign on Meta in May for $900.
Among the various promoted posts in the flight, one that drove a nearly 6,000% ROI was a standout. It had a purchase conversion rate that was 66% higher than the next-best post! Steppenwolf can now refine its messaging for subsequent subscription campaigns based on this data about what performed well—and what didn’t.
DRIVE KPIS WITH A DIVERSE ON-SALE STRATEGY
The big lesson here: don’t put all your eggs in an email basket. While email is an incredible tool to alert your subscribers that it’s time to renew, it should be used in conjunction with social media. By combining forces, you can amplify the strengths and effects of both—and ensure that you’re bringing back as many patrons as possible as you head into your new season.
TWO IS BETTER THAN ONE FOR RENEWALS
Just as email + social are a powerful duo for the renewal season, so is your organization + CI! Let’s talk about crafting the perfect digital strategy to fill your seats and drive revenue with you renewals. Don’t have time to create content for promoted renewal posts? You’re in luck–we do that, too.