Brand Story
Founded in 1981, CommonWealth Magazine has been selected by Time Magazine as Taiwan’s most influential economic news media. Apart from combining market trends, the magazine also fosters talents and develops from environmental, cultural and historical perspectives, interpreting international and domestic information and activities to provide readers with profound and extensive analysis and suggestions. Today, there are four magazines and websites in the CommonWealth Group: CommonWealth, CommonHealth, Cheers, and CommonWealth Parenting, exerting their influence in financial management, lifestyle, career, and parenting, respectively. The media aim is committed to satisfy the readers’ reading experience in multiple aspects.
Goals
“Reader subscription” and “Advertising” are the primary sources of income for the CommonWealth Group; hence, “traffic conversion” and “optimize advertising effectiveness” have become the core goals in digital marketing for the group. On the one hand, the group strives to produce quality content to acquire more platform traffic. On the other hand, it hopes to gain an in-depth understanding of the readers, learning what content and advertising may ignite user interests to avoid keyword fatigue, optimize push notification or advertising performance, and ensure its sustainable operation.
Challenges
Content Delivery
To boost the platform’s traffic growth, the marketing team used keywords, social media channels, and their official website to intensify the content delivery; however, keywords selected by merely considering past experience or based on intuition or past experience rarely resulted in any breakthroughs, and often lead to a traffic bottleneck.
Advertisement Promotion
The marketing team only had basic registration data for audience segmentation and could not accurately identify subgroups like the white-collar segment. As a result, every visitor saw the same advertisement when landing on the website, failing to achieve differential communication. This presented a challenge on many fronts such as executing precision marketing and the platform’s value, demonstrate CommonWealth Group’s influence on multiple sectors and stimulating traffic conversion while expanding the advertising budget.