Very shortly after we bought the newspaper, we did a round of
“sampling.” This involved printing a few hundred extra copies of the paper each
week and delivering them for free to households that did not already subscribe
to the paper. Inside each free issue, we inserted a blue sheet of paper, simply
asking people to subscribe to the Kuna Melba News, with a tear-off subscription
form at the bottom which they were asked to mail in with $22 for a one-year
subscription, or $20 for seniors.
Here's the subscription form we sent out in that early effort. |
This is where a little bit of working capital helped. It
cost probably $300 to print roughly 5,000 blue subscription forms, and then it
cost about $60 to $80 extra each week to print and mail the additional copies.
We didn’t really know what to expect in terms of response.
We were told that 1 or 2 percent would be a good return on this type of direct
mail. Out of 6,000 addresses, we were going to send out about 5,000 free copies
over 10 weeks. At 1 percent, we’d get 50 new subscribers.
So we sent out the first batch and crossed our fingers.
I suppose we should have had some indication of what the
response would be. Word was getting around that there were new owners, and we
started almost immediately getting drop-in traffic from people introducing
themselves and signing up for a subscription. A couple of people told us that
they had been waiting for someone else to take over the paper and that there
were a lot of people in the community who didn’t like how the paper was being run
and had canceled their subscriptions. They would spread the word, they said,
that it’s OK to subscribe to the paper again.
Well, that first issue hit mailboxes on a Thursday, and by
Friday we received two or three forms back already. That should have been an
indication that at least a couple of people felt it so urgent that they must
have filled out the form as soon as they got the paper and rushed it down to
the post office immediately. There was simply no other way we would have
received their subscription by Friday morning.
On Saturday, our post office box was stuffed with another
dozen or so new subscriptions. The trend kept up just about every day, so that
it was like Christmas morning each time we went to the post office.
We averaged probably 20 new subscriptions every week for 10
weeks solid.
Keep in mind, too, that each one of those new subscriptions
came with a $20 or $22 check, so 200 new subscriptions meant new revenue of
about $4,000 in just a matter of two months.
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