Sub Club by RevenueCat · 2025-10-29
How Condé Nast Experiments, Bundles, and Wins — Michael Ribero, Condé Nast
Live at App Growth Annual: Michael Ribero (SVP Global Consumer Revenue, Condé Nast; ex-Washington Post) on brand, platforms as frenemies and monetization tests: a Pitchfork reg wall pulled after backlash, Vogue's app paywall set by Anna Wintour, subscriber-only Wired AMAs, Post partnerships (coffee, Headspace), an Architectural Digest post-purchase business upsell at ~5% conversion and zero CAC, a hidden $2/month starter pack for low-propensity visitors, and why premium tiers rarely beat 1-2% adoption.
Play the episode12 tactics
Numbers mentioned
| Who | Metric | Value | Context | When |
|---|---|---|---|---|
| Architectural Digest | conversion rate | 5% approximate | New subscribers -> business membership, offered in a pop-up right after purchase | |
| Architectural Digest | ltv | USD 100–200per upsold customer approximate | Incremental LTV from the post-purchase business membership pop-up | |
| Architectural Digest | cac | USD 0 | Incremental CAC of the post-purchase upsell | |
| The Washington Post | price | USD 2/month | Starter pack: 4 stories per month | |
| The Washington Post | count | 4 stories/month | Stories included in the starter pack before an upgrade wall | |
| aggregatePremium tiers launched by media brands in the guest's experience | conversion rate | 1–2% approximate | Adoption of premium tiers ('low single percentage', '1% or 2%') | |
| Brightmind | revenue | +50% approximate | Revenue increase after adding intensives, coaching, events and retreats | |
| Brightmind | paying users | thousands approximate | Plus tens of thousands on an engaged email list | |
| benchmarkChannels a typical TV viewer actually watched (~5-6 years ago) | count | 6–8 channels approximate |