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OVERVIEW




                     7
                  TIPS ON
           MAGAZINE MEDIA
q Readers develop a
    personal relationship
    with their favourite
    magazines




2
•   Readers find titles which connect with the
        personal self

    •   When a magazine closely chimes in with
        a reader’s self-image, there is a high level
        of identification with the magazine




3
•   There is a feeling of ownership, that this is “my magazine”, an informed
        friend, and “That my magazine helps me to become the type of person I want
        to be…”

    •   Readers therefore have a powerful trusting relationship with their chosen
        magazines




4
•   Readers savour the “magazine moment” – this is “me time”, a
        treasured, absorbing and usually relaxed experience

    •   There is focused attention, considerable time is spent with issues
        and issues are picked up several times

    •   The reader is in control and can dwell on anything as long as they
        desire




5
q Readers have more
    positive and welcoming
    attitude to ads in their
    magazines than is the
    case with users of other
    media




6
• Readers choose magazines which match their own
       interests and outlook
    • Only those advertisers whose products fit in with a
       magazine’s editorial content and audience choose to
       advertise there
    • Therefore the carefully selected ads are likely to be of
       interest to the readers

7
•   Magazine ads are perceived by readers to be relevant, appealing,
        inspirational and useful in deciding what to do and buy

    •   Consequently magazines are the one medium for which ad
        avoidance is not a problem

    •   Nor is ad clutter a problem

    •   Nor is high ad ratio



8
q Readers are
    stimulated to take
    action in response to
    seeing ads which strike
    a chord




9
Among those noting an ad, many are stimulated
     to take some kind of further action.

     •   Discussing the product with someone

     •   Cutting out/saving the ad

     •   Going online to look for more information

     •   Looking out for the product when visiting a shop

     •   Thinking about purchase

     •   Purchase
10
Thus :
     •   Magazines have a major contribution to
         make in nudging consumers along their
         journey to purchase

     •   Whether it is a magazines-only campaign
         or magazine media are used as part of a
         multi-media campaign


11
q Combination of print, digital
     editions and websites gives
     readers an involving,
     interactive and entertaining
     range of magazine experiences

     q It’s the beginning of a
     golden age




12
•   Websites and print are complementary. Readers find it natural to use
         both platforms of a magazine brand, looking for different kinds of
         information on each

     •   The distinction (in part) lies in printed magazines being used for
         pleasurable relaxation and inspiration, and websites for targeted
         information-seeking and news



13
•   Readers of digital editions present a highly desirable audience: above average incomes
         and well educated

     •   Considerable time is spent reading digital editions

     •   Interactive elements enhance readers’ involvement and experience

     •   Consumers are receptive to advertising relevant to them

     •   Consumers are intrigued and excited by ads which take advantage of a tablet’s
         capabilities, such as video, pop-up recipes, games and animation



14
q The best advertising
     campaign strategy is to use a
     combination of media – and
     the strengths of magazines
     give them a valuable role to
     play within the mix . . .




15
•   All media have their strengths, and consequently it is a mix of several
         media which produces the most complete communication

     •   In comparison with other media, magazines are effective in driving the
         audience to take action after seeing ads, including persuading
         consumers to go online for further information, and generating
         recommendations and word of mouth communication




16
•   Some of magazines’ strengths – compared with TV, internet, radio and
         newspapers – are to do with engagement and inspiration

     •   Factors such as involvement, self-recognition, stimulation, keeping readers
         informed of trends, enthusiasm, indulgence and enjoyment

     •   Another kind of strength is practical use

     •   New credible information, tips, and motivation to do something

     •   The combination of inspiration together with practical assistance to put
         inspiration into effect is a very positive one for advertisers
17
q Magazines can
     create uplifts in sales
     or other KPIs, and
     magazines achieve a
     high ROI – often better
     than that of TV




18
•   Multi-brand studies have shown magazine-only campaigns           10%-12%
         creating average sales uplifts of 10%-12%

     •   Some of the brands have increased sales primarily through
         increasing the weight of purchase by existing customers, while
         for other brands the sales uplifts have mainly been through
         bringing in new customers to the brand




19
The statistics demonstrate the powerful incremental effect
     of adding magazines to TV and online advertising in :

     •   Brand awareness/familiarity
     •   Advertising awareness
     •   Message association
     •   Favourable attitudes to the brand
     •   Purchase intent
     •   Sales
20
•   Advertisers frequently over-invest in TV advertising.
                                Re-allocating a portion of the TV spend into
                                magazines, or increasing the investment in
        TV campaign
         struggling?            magazines, would pay dividends by increasing sales
     Take one magazine
      ad for a far better
        performance         •   Diminishing returns applies to media as well as to
                                many other fields

                            •   It means that when campaigns spend nearly all the
                                budget in TV, the last tranche of TV money is likely to
                                be yielding much lower returns than if that money
                                was spent in magazines
21
q Econometric modelling




22
• Econometric modelling can identify the best ways of using magazines for each specific
      advertiser, and provide proof of the strengths and effectiveness of magazines

     • It is imperative that appropriate data on magazines is fed into the models – particularly
      readership accumulation data – in order to correctly distribute magazine exposures
      through time

     • Then the reported connection between weekly sales and weekly magazine advertising
      will be accurate. This will show that magazine media have a powerful role to play in
      multi-media campaigns – and can yield impressively high returns on investment



23
PROOF OF PERFORMANCE
 110 evidence-based                       This is the fifth of a 5-
                                            set presentation: the
  studies                                   additional slide sets are
                                            available at:
 23 countries
                                           Full (free) digital
 116 pages                                 edition available from:     www.fipp.com/POP
                                           Order print copies
                                            from:




Proof of Performance was written for FIPP by Guy Consterdine

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Tips on magazine media

  • 1. OVERVIEW 7 TIPS ON MAGAZINE MEDIA
  • 2. q Readers develop a personal relationship with their favourite magazines 2
  • 3. Readers find titles which connect with the personal self • When a magazine closely chimes in with a reader’s self-image, there is a high level of identification with the magazine 3
  • 4. There is a feeling of ownership, that this is “my magazine”, an informed friend, and “That my magazine helps me to become the type of person I want to be…” • Readers therefore have a powerful trusting relationship with their chosen magazines 4
  • 5. Readers savour the “magazine moment” – this is “me time”, a treasured, absorbing and usually relaxed experience • There is focused attention, considerable time is spent with issues and issues are picked up several times • The reader is in control and can dwell on anything as long as they desire 5
  • 6. q Readers have more positive and welcoming attitude to ads in their magazines than is the case with users of other media 6
  • 7. • Readers choose magazines which match their own interests and outlook • Only those advertisers whose products fit in with a magazine’s editorial content and audience choose to advertise there • Therefore the carefully selected ads are likely to be of interest to the readers 7
  • 8. Magazine ads are perceived by readers to be relevant, appealing, inspirational and useful in deciding what to do and buy • Consequently magazines are the one medium for which ad avoidance is not a problem • Nor is ad clutter a problem • Nor is high ad ratio 8
  • 9. q Readers are stimulated to take action in response to seeing ads which strike a chord 9
  • 10. Among those noting an ad, many are stimulated to take some kind of further action. • Discussing the product with someone • Cutting out/saving the ad • Going online to look for more information • Looking out for the product when visiting a shop • Thinking about purchase • Purchase 10
  • 11. Thus : • Magazines have a major contribution to make in nudging consumers along their journey to purchase • Whether it is a magazines-only campaign or magazine media are used as part of a multi-media campaign 11
  • 12. q Combination of print, digital editions and websites gives readers an involving, interactive and entertaining range of magazine experiences q It’s the beginning of a golden age 12
  • 13. Websites and print are complementary. Readers find it natural to use both platforms of a magazine brand, looking for different kinds of information on each • The distinction (in part) lies in printed magazines being used for pleasurable relaxation and inspiration, and websites for targeted information-seeking and news 13
  • 14. Readers of digital editions present a highly desirable audience: above average incomes and well educated • Considerable time is spent reading digital editions • Interactive elements enhance readers’ involvement and experience • Consumers are receptive to advertising relevant to them • Consumers are intrigued and excited by ads which take advantage of a tablet’s capabilities, such as video, pop-up recipes, games and animation 14
  • 15. q The best advertising campaign strategy is to use a combination of media – and the strengths of magazines give them a valuable role to play within the mix . . . 15
  • 16. All media have their strengths, and consequently it is a mix of several media which produces the most complete communication • In comparison with other media, magazines are effective in driving the audience to take action after seeing ads, including persuading consumers to go online for further information, and generating recommendations and word of mouth communication 16
  • 17. Some of magazines’ strengths – compared with TV, internet, radio and newspapers – are to do with engagement and inspiration • Factors such as involvement, self-recognition, stimulation, keeping readers informed of trends, enthusiasm, indulgence and enjoyment • Another kind of strength is practical use • New credible information, tips, and motivation to do something • The combination of inspiration together with practical assistance to put inspiration into effect is a very positive one for advertisers 17
  • 18. q Magazines can create uplifts in sales or other KPIs, and magazines achieve a high ROI – often better than that of TV 18
  • 19. Multi-brand studies have shown magazine-only campaigns 10%-12% creating average sales uplifts of 10%-12% • Some of the brands have increased sales primarily through increasing the weight of purchase by existing customers, while for other brands the sales uplifts have mainly been through bringing in new customers to the brand 19
  • 20. The statistics demonstrate the powerful incremental effect of adding magazines to TV and online advertising in : • Brand awareness/familiarity • Advertising awareness • Message association • Favourable attitudes to the brand • Purchase intent • Sales 20
  • 21. Advertisers frequently over-invest in TV advertising. Re-allocating a portion of the TV spend into magazines, or increasing the investment in TV campaign struggling? magazines, would pay dividends by increasing sales Take one magazine ad for a far better performance • Diminishing returns applies to media as well as to many other fields • It means that when campaigns spend nearly all the budget in TV, the last tranche of TV money is likely to be yielding much lower returns than if that money was spent in magazines 21
  • 23. • Econometric modelling can identify the best ways of using magazines for each specific advertiser, and provide proof of the strengths and effectiveness of magazines • It is imperative that appropriate data on magazines is fed into the models – particularly readership accumulation data – in order to correctly distribute magazine exposures through time • Then the reported connection between weekly sales and weekly magazine advertising will be accurate. This will show that magazine media have a powerful role to play in multi-media campaigns – and can yield impressively high returns on investment 23
  • 24. PROOF OF PERFORMANCE  110 evidence-based  This is the fifth of a 5- set presentation: the studies additional slide sets are available at:  23 countries  Full (free) digital  116 pages edition available from: www.fipp.com/POP  Order print copies from: Proof of Performance was written for FIPP by Guy Consterdine