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Twelve Facts About Magazines

The following is from the 2010/11 MPA Magazine Handbook:

Magazine audiences are growing – and young adults read heavily: The number of magazine readers has grown more than 4% over the past five years. Ninety-three percent of adults overall and 96% of adults under age 35 read magazines.

  1. Magazine audiences are expanding across platforms: The number of magazine websites and mobile apps is increasing; e-readers are projected to grow rapidly – and consumers want to see magazine content on them.
  2. Magazine advertising gets consumers to act: More than half of all readers (56%) act on magazine ads. Plus, action-taking has increased 10% in the last five years.
  3. Magazines improve advertising ROI: Analysis of client-commissioned cross-media accountability studies found that magazines most consistently generate a favorable cost-per-impact throughout the purchase funnel.
  4. Magazines contribute most throughout the purchase funnel: Magazines are the most consistent performer in the purchase funnel, with particular strength in the key stages of brand favorability and purchase intent
  5. Magazines build buzz: Magazine readers are more likely than users of other media to influence friends and family on products across a variety of categories. Magazines complement the web in reaching social networkers, whom marketers increasingly favor to generate word-of-mouth.
  6. Magazines spur web traffic and search: Magazines lead other media in influencing consumers to start a search for merchandize online, ranking at or near the top by gender as well as across all age groups. Also, magazine ads boost web traffic, and magazine readers are more likely than non-readers to buy online.
  7. Magazines prompt mobile action-taking: Magazine readers are most likely to use a text message to respond to an ad and redeem a mobile coupon versus other media. Plus, magazines rank high in generating other mobile action.
  8. Magazines and magazine ads garner the most attention: When consumers read magazines they are much less likely to engage with other media or to take part in non-media activities compared to the users of TV, radio, or the internet.
  9. Magazine advertising is valuable content: Consumers are more likely to have a positive attitude toward advertising in magazines compared to other media.
  10. Magazines supply credibility: Multiple sources show that consumers trust ads in magazines.
  11. Magazines deliver reach: Across major demographic groups, the top 25 magazines deliver considerably more rating points than the top 25 primetime TV shows.
  12. Magazine audiences accumulate faster than you think: More than three-quarters of readers read their copy within the first three days. The average monthly magazine accumulates approximately 60% of its audience within a month’s time, and the average weekly magazine accumulates nearly 80% of its audience in two weeks.

Learn more about writing and publishing in Peter’s book: Successful Author FAQs: Discover the Art of Writing, the Business of Publishing, and the Joy of Wielding Words. Get your copy today.

Peter Lyle DeHaan is an author, blogger, and publisher with over 30 years of writing and publishing experience. Check out his book Successful Author FAQs for insider tips and insights.

Categories
Business

Survey Shows Ads In Print Publications Are Still Being Seen and Read

By Peter Lyle DeHaan, PhD

Despite people turning to online sources for information gathering, readers still engage with print publications.

According to data gathered by Readex Research Red Sticker Studies in 2004 and 2008, there isn’t a significant change in the percentage of readers who indicated that they saw and read 1-page, 4-color ads when comparing the two surveys, spanning four years.

Author and blogger Peter Lyle DeHaan

From 2004 to 2008, the percentage of people indicating they saw the ads had a negligible change (69% to 67%). Interestingly, the people who actually read the ads increased slightly (24% to 25%).

Clearly, print advertising is still as viable and effective marketing tool.

[This information is from the North American Publishing Company based on work done by Readex Research.]

Read more in Peter Lyle DeHaan’s Sticky Series books, including Sticky Customer ServiceSticky Sales and Marketing, and Sticky Leadership and Management featuring his compelling story-driven insights and tips.

Peter Lyle DeHaan is an entrepreneur and businessman who has managed, owned, and started multiple businesses over his career. Common themes at every turn have included customer service, sales and marketing, and leadership and management.

He shares his lifetime of business experience and personal insights through his books to encourage, inspire, and occasionally entertain.

Categories
Business

Fewer Magazines Means More Attention on Those That Remain

By Peter Lyle DeHaan, PhD

I am a voracious magazine reader. For years, I have had a stack of magazines awaiting my attention. Although I eventually read them, it may not be done quickly.

Lately, however, my backlog of unread magazines has been steadily diminishing. This is because some magazines have ceased publication, others have decreased their frequency of publication, and some have lowered their page counts. Therefore, I have less to read.

As a result, I now spend more time on the magazines I do receive. I read more articles, notice more ads, and more fully appreciate the value of these publications. I suspect others do as well.

As the magazine industry continues to right-size, the surviving publications are sure to receive more attention, garner greater esteem, and provide increased value to advertisers.

This means that your magazine ads are now more valuable than ever before.

Read more in Peter Lyle DeHaan’s Sticky Series books, including Sticky Customer ServiceSticky Sales and Marketing, and Sticky Leadership and Management featuring his compelling story-driven insights and tips.

Peter Lyle DeHaan is an entrepreneur and businessman who has managed, owned, and started multiple businesses over his career. Common themes at every turn have included customer service, sales and marketing, and leadership and management.

He shares his lifetime of business experience and personal insights through his books to encourage, inspire, and occasionally entertain.