Magazine Notes (CONT.)
ADVERTISING IN MAGAZINES:
- If magazines did not advertise then it's cover price would be 3x or 4x greater
- INCOME for a magazine comes from both of the sales and advertising
- Advertising succumbs 70% of the magazine's income.
- Any Magazine with a small circulation is more dependent on advertising than one with a larger circulation.
APPEALING TO THE ADVERTISERS:
- Magazines allow the advertisers to target an audience very precisely.
- Can include free gifts
- Steven Watson made a new subscription service called Stack, this gives the user a monthly surprise magazine that the service might think they like.
- Ride Journal, specialises in a niche but growing community of cyclists in London. not just for cyclists but also for commuters in London
- Boat Magazine, is a nomadic application which moves around and picks up on the cities, global magazine with a hyper local field.
FUTURE OF MAGAZINES?
- Pay walls could happen
- Times has already started doing this, they charge people online to view their newspaper.
- E-zines are starting to exist, where people can electronically go through a magazine.
- Looks and behaves just like an ordinary magazine.
- If there's an advert in the E-zine you can click on it and it will take you to the advertised product.
- Super Niche / Independent Title.
- Freemium, free magazines packed full of advertising.
- Social Media feeds...
Where are your own thoughts on the future of the magazine industry (the homework)? V
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