Case Study

El Mundo Boosts Subscribers by 60% with Piano’s Dynamic Paywall

How a top Spanish publication grew subscriptions and revenue without losing ad engagement.

Products

Industries

Company

Case Study

El Mundo Boosts Subscribers by 60% with Piano’s Dynamic Paywall

How a top Spanish publication grew subscriptions and revenue without losing ad engagement.

Case Study

El Mundo Boosts Subscribers by 60% with Piano’s Dynamic Paywall

How a top Spanish publication grew subscriptions and revenue without losing ad engagement.

Products

Industries

Company

Key Results



Key Results

Key Results


+60%

Subscribers

Significant year-over-year growth

+60%

Subscribers

Significant year-over-year growth

+60%

Subscribers

Significant year-over-year growth

+51%

Subscription revenue

Dynamic paywall vs. control

+51%

Subscription revenue

Dynamic paywall vs. control

+51%

Subscription revenue

Dynamic paywall vs. control

+13%

Paywall exposures

Minimal impact on pageviews

+13%

Paywall exposures

Minimal impact on pageviews

+13%

Paywall exposures

Minimal impact on pageviews

The client

El Mundo, an affiliate of Unidad Editorial, is a leading media publication in Spain with over 18 million monthly unique users. Known for its high-quality journalism and multimedia content, the platform has a diverse audience engaging with both digital and print channels. 

El Mundo, an affiliate of Unidad Editorial, is a leading media publication in Spain with over 18 million monthly unique users. Known for its high-quality journalism and multimedia content, the platform has a diverse audience engaging with both digital and print channels. 

The client

The client

El Mundo, an affiliate of Unidad Editorial, is a leading media publication in Spain with over 18 million monthly unique users. Known for its high-quality journalism and multimedia content, the platform has a diverse audience engaging with both digital and print channels. 

The challenge

In recent years, subscription revenue has become a critical component of El Mundo's growth strategy. However, the challenge they faced was how to drive subscription revenue without negatively impacting existing advertising revenue. In mid-2023, to boost user registrations, El Mundo experimented with stricter registration walls, reducing free article views from 20 to as few as 3 and testing thresholds of 3, 5, and 7 articles. While these changes showed potential for improving registration growth, they caused a decline in pageviews. This raised concerns among the advertising team about lost revenue, forcing the company to seek a more sophisticated solution. 

The team needed to optimize both subscription growth and advertising performance—without compromising the user experience. 

In recent years, subscription revenue has become a critical component of El Mundo's growth strategy. However, the challenge they faced was how to drive subscription revenue without negatively impacting existing advertising revenue. In mid-2023, to boost user registrations, El Mundo experimented with stricter registration walls, reducing free article views from 20 to as few as 3 and testing thresholds of 3, 5, and 7 articles. While these changes showed potential for improving registration growth, they caused a decline in pageviews. This raised concerns among the advertising team about lost revenue, forcing the company to seek a more sophisticated solution. 

The team needed to optimize both subscription growth and advertising performance—without compromising the user experience. 

The challenge

The challenge

In recent years, subscription revenue has become a critical component of El Mundo's growth strategy. However, the challenge they faced was how to drive subscription revenue without negatively impacting existing advertising revenue. In mid-2023, to boost user registrations, El Mundo experimented with stricter registration walls, reducing free article views from 20 to as few as 3 and testing thresholds of 3, 5, and 7 articles. While these changes showed potential for improving registration growth, they caused a decline in pageviews. This raised concerns among the advertising team about lost revenue, forcing the company to seek a more sophisticated solution. 

The team needed to optimize both subscription growth and advertising performance—without compromising the user experience. 

The solution

To address this challenge, El Mundo partnered with Piano to implement its dynamic paywall solution, supported by Ad Revenue Insights (ARI). This approach leveraged data insights on user behavior, ad revenue potential and subscription likelihood. Working closely with Piano, and the El Mundo advertising team, they segmented its audience into three tailored content experiences: 

High Ad Value Users: Were given open access to 30% of pageviews, prioritizing ad revenue potential. 

Unknown Users: Encountered a registration wall after scrolling 700 pixels, combining engagement with subtle monetization.

High Subscription Likelihood Users: Faced a paywall after 700 pixels of scrolling, targeting users with the highest subscription potential.

To address this challenge, El Mundo partnered with Piano to implement its dynamic paywall solution, supported by Ad Revenue Insights (ARI). This approach leveraged data insights on user behavior, ad revenue potential and subscription likelihood. Working closely with Piano, and the El Mundo advertising team, they segmented its audience into three tailored content experiences: 

High Ad Value Users: Were given open access to 30% of pageviews, prioritizing ad revenue potential. 

Unknown Users: Encountered a registration wall after scrolling 700 pixels, combining engagement with subtle monetization.

High Subscription Likelihood Users: Faced a paywall after 700 pixels of scrolling, targeting users with the highest subscription potential.

The solution

The solution

To address this challenge, El Mundo partnered with Piano to implement its dynamic paywall solution, supported by Ad Revenue Insights (ARI). This approach leveraged data insights on user behavior, ad revenue potential and subscription likelihood. Working closely with Piano, and the El Mundo advertising team, they segmented its audience into three tailored content experiences: 

High Ad Value Users: Were given open access to 30% of pageviews, prioritizing ad revenue potential. 

Unknown Users: Encountered a registration wall after scrolling 700 pixels, combining engagement with subtle monetization.

High Subscription Likelihood Users: Faced a paywall after 700 pixels of scrolling, targeting users with the highest subscription potential.

1

Inputs

Propensity data

Conversion data

Advertising data

2

Unification

Piano Analytics

3

Processing

Real-time segmentation

4

Actions

Hard paywall

High subscription likelihood users

Reg wall or
soft paywall

Unknown users

Keep reading

High ad value users

This collaborative effort showed significant improvements to their conversion, enabling El Mundo to target onsite users with highly tailored offers, maximizing the likelihood of conversion. The approach optimized both ad impressions and subscription growth while preserving a positive user experience.  By utilizing Piano’s dynamic segmentation capabilities, El Mundo effectively balanced its revenue streams, driving substantial subscription growth without compromising pageviews. 

This collaborative effort showed significant improvements to their conversion, enabling El Mundo to target onsite users with highly tailored offers, maximizing the likelihood of conversion. The approach optimized both ad impressions and subscription growth while preserving a positive user experience.  By utilizing Piano’s dynamic segmentation capabilities, El Mundo effectively balanced its revenue streams, driving substantial subscription growth without compromising pageviews. 

The solution

The solution

This collaborative effort showed significant improvements to their conversion, enabling El Mundo to target onsite users with highly tailored offers, maximizing the likelihood of conversion. The approach optimized both ad impressions and subscription growth while preserving a positive user experience.  By utilizing Piano’s dynamic segmentation capabilities, El Mundo effectively balanced its revenue streams, driving substantial subscription growth without compromising pageviews. 

Results

The dynamic paywall strategy delivered transformative outcomes for El Mundo against their control group: 

+60% Increase in Subscribers: A remarkable surge compared to the previous year. 

+51% Increase in Subscription Revenue: Achieved through precise segmentation and tailored user experiences. 

+13% Rise in Paywall Exposures: While maintaining minimal impact on pageviews. 

+5x in registrations: increasing known users for ongoing personalization 

By seamlessly integrating advertising and subscription efforts across segments of their user base, El Mundo enhanced subscription revenue without sacrificing audience engagement or ad revenue. The test was so successful for El Mundo, the company plans to continue to roll out Piano’s dynamic paywall solution across its full user base, as well as the rest of their brands. 

The dynamic paywall strategy delivered transformative outcomes for El Mundo against their control group: 

+60% Increase in Subscribers: A remarkable surge compared to the previous year. 

+51% Increase in Subscription Revenue: Achieved through precise segmentation and tailored user experiences. 

+13% Rise in Paywall Exposures: While maintaining minimal impact on pageviews. 

+5x in registrations: increasing known users for ongoing personalization 

By seamlessly integrating advertising and subscription efforts across segments of their user base, El Mundo enhanced subscription revenue without sacrificing audience engagement or ad revenue. The test was so successful for El Mundo, the company plans to continue to roll out Piano’s dynamic paywall solution across its full user base, as well as the rest of their brands. 

Results

Results

The dynamic paywall strategy delivered transformative outcomes for El Mundo against their control group: 

+60% Increase in Subscribers: A remarkable surge compared to the previous year. 

+51% Increase in Subscription Revenue: Achieved through precise segmentation and tailored user experiences. 

+13% Rise in Paywall Exposures: While maintaining minimal impact on pageviews. 

+5x in registrations: increasing known users for ongoing personalization 

By seamlessly integrating advertising and subscription efforts across segments of their user base, El Mundo enhanced subscription revenue without sacrificing audience engagement or ad revenue. The test was so successful for El Mundo, the company plans to continue to roll out Piano’s dynamic paywall solution across its full user base, as well as the rest of their brands. 

"

As a legacy media company, our biggest challenge was balancing subscription growth with maintaining strong ad revenue performance. Piano’s dynamic paywall solution, supported by Ad Revenue Insights, provided an effective way to achieve this. The ability to tailor user experiences based on real-time data has allowed us to optimize revenue streams without compromising audience engagement. This approach has been crucial to our growth strategy, and we plan to expand its implementation across our other publications."

"

Iñigo de Juan, Director of Subscriptions, Unidad Editorial

"

By leveraging Piano's Active Churn Prevention feature, we effectively addressed the increasing churn problem, retaining a higher number of subscribers and maintaining a healthier subscription base."

"

Iñigo de Juan, Director of Subscriptions, Unidad Editorial

"

By leveraging Piano's Active Churn Prevention feature, we effectively addressed the increasing churn problem, retaining a higher number of subscribers and maintaining a healthier subscription base."

"

Iñigo de Juan, Director of Subscriptions, Unidad Editorial

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