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Problem: The American Chemical Society (ACS) had been
raising subscription prices for its journals to cover increased
production costs and to bring prices more in line with those
of competitors. But after five years of increases, customers
were grumbling and renewals were falling. How could ACS maintain
circulation while charging a fair price?
Solution: Boscobel created a comprehensive marketing
program to communicate that despite price increases, ACS journals
still cost half of what competitors charge. Tactics included
a fax-back reader survey and premium items featuring great
scientists like Sir Isaac Newton and Madame Curie.
Result: less grumbling, more revenue, and an increased appreciation
of ACS value to members.
More strategic planning success
stories.
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