GTM Sauce

The Washington Post · B2C · national newspaper

Bundle the news subscription with Headspace for readers overwhelmed by news

Guest cites business results but warns partnerships are very hard

Workedpartnershipspricing

What they did

Research showed readers felt overwhelmed by the news, so The Washington Post bundled with Headspace to offer a moment of calm. Guest's advice: decide up front who is the big fish; equal-size partners fight over whose stack and customer relationship it is.

What happened

Guest says 'business results behind it' and good press; partnerships hard to negotiate.

In their words

How Condé Nast Experiments, Bundles, and Wins — Michael Ribero, Condé Nast

Play the episode

Michael RiberoOne is the occasion. Coffee and newspaper go together really well. And so we hammered that a whole in a bunch of different ways. You can have access in certain cafes or get a Washington Post-branded coffee bean with your subscription, so that made sense.

Michael RiberoAnd then the other was really what person are you going after? That's more in line what you were talking about. The context also helped in the sense a lot of the research we got was people were just overwhelmed by the news. And so the insight for us was yes, we do some counter-programming, shoulder programming that is either happy news or food or whatever it might be, but realistically, The Post is going to be known for very serious topics, Washington, very serious stuff. So how do we bring in this moment of maybe peace and calm? That was the thinking there.

Michael RiberoI would say trying to hammer out a deal and really, I think going in eyes wide open is, are you going to be the big fish or the little fish? And not to say either position is bad or maybe big spoon or a little spoon, but being okay with that going in. I think when you have two companies that are equal size or at least in the same ballpark, all of a sudden it's like, "Well, I want it on my stack and I want control of the building relationship," and all those things. We've run into issues. I've run into issues before. So really being deliberate about that. But if you can make it work, I think very cool. Very cool for the press, and then definitely business results behind it too.

David BarnardSo what are you working on with post-purchase upsells? I know that you all made a lot of headway with those.

Get tactics like this every Monday

New tactics from the week's founder interviews, each linked to where it was said.

More from this episode

Tags: bundle, co-subscription