Tobefinanciallysuccessful,MedPageTodaymustkeepthecliniciansinitsaudiencecomingback,againandagain,toreadrelevantCMEcontent,taketheposttests,andearnmeaningfulcreditamounts.Onlyinthatwaycanthesitedemonstrateitsvalue.Becausethiskindofbehaviorisnottypicalofonlineaudiences,MedPageToday’sbusinessmodelfacedadifficultconundrum.
ACTION
“Ourbusinessmodelturnsontwometrics:thenumberofregisteredcliniciansandthenumberofactivitiescompletedbythem,”explainsTomGriffin,MedPageToday’sseniorwebanalyst.“WefiguredifwecouldputCMEactivitiesinfrontofthemthatarerelevanttowhattheyknowtheyneedtolearn,thentheactivitycompletionrateisgoingtobehigher.”So,MedPageTodayinstalledmSpoke’smPowercontent‐centricpersonalizationservice.mPowerbeganbyanalyzingallofMedPageToday’scontenttolearnwhateacharticlewasabout.Thecompaniesthencreatedareal‐timeRSSfeedthatallowsmPowertoanalyzenewarticlesastheyarecreated.Next,mPowerbegantrackingwhatMedPageToday’saudiencemembersread,associatingeachindividualclinicianwithhisorherreadinginterestsasobservedbymPower.Withallthisknowledgeinhand,mPowerwasreadytobeginpersonalizing.MedPageTodayfocusedmPowerfirstonitsdailyemailnewsletter,oneofthemajordriversoftraffictoitssite.“BeforemPower,thesubjectoftheemailwasalways‘MedPageTodaydailynews.’Now,mPowerinjectstheheadlineofthetoparticlethatithasmatchedagainsteachprofile–soeveryemailcangooutwithadifferent,personalizedsubject.Thatinfluencestheopenrate,whichinfluencestheclickthroughrate.”Inaddition,aMedPageTodayeditorchoosesthepoolofarticlesforeachdailynewsletter,butmPowerdecidestheorderinwhichthearticlesaredisplayed.Naturally,itchoosesadifferentorderforeachsubscriber,matchingtheordertoeachsubscriber’sindividualprofile.
RESULT
ThebignewsisthatwithinfourmonthsofdeployingmPower,MedPageToday’snumberofregularlyactiveemailusersdoubled!AllinvolvedcreditmSpoke’sserviceasamajorcontributortothisdramaticincrease,butinthewordsofmSpokeco‐founderandchieftechnologyofficerDeanThompson,“It’simpossibletoseparatetheimpactofsystemchangessuchaspersonalizationfromtheimpactofexternalfactorssuchasseasonalityandstrongversusweaknewsperiods.”Tomorerigorouslyunderstandtheimpactofpersonalization,thecompaniesconductedA/Btests.“TheA/Btestswereside‐by‐sidecomparisonsofpersonalizedversusnon‐personalizedperformanceinrandomlyselectedtestuser‐groupsatthesamepointintime,”Thompsonexplains.Theresultsofthetwotestswereasfollows:
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Aliftof18%to60%(varyingovertime)inCME‐test‐takingactivitybyuserswhoreceivedthepersonalizedemailversususerswhoreceivednon‐personalizedemail.Thiswasmeasuredduringatwo‐weekA/BtestinlateFebruaryandearlyMarchof2009.
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