MAKING THE CASE FOR MAGAZINE MEDIA GUY CONSTERDINE THE POWERFUL RELATIONSHIP BETWEEN READERS AND THEIR FAVOURITE MAGAZINES 3 Magazine medium’s essential strength: § Way in which readers choose and use their magazines Through its content and the way it is packaged each magazine has it’s own, distinct personality § Readers choose magazines that connect with the personal self 4 5 It’s similar to the way in which we choose our friends § The magazine and its content matches the reader’s own personality and situation Readers then develop an emotional attachment to their favourite magazine(s) § What follows is a close, personal relationship with the brand: o ‘My’ magazine o A feeling of ownership o An informed friend 6 A feeling of ownership develops – this is “my” magazine Reader has own perception of person (s)he wants to be 7 When magazine chimes in with self-image there is a strong connection Growing sense that “my magazine helps me to be who I want to be” Trusting relationship develops between the reader and his/ her magazine To check out prices For a treat or reward To escape from reality To uplift my mood To keep me company To be entertained Something to talk about To fill time To keep up to date To have 'me' time To give me ideas To relax and unwind To learn things Content suits my tastes/interests 0 8 5 10 15 Source: Carat Consumer Connection System, UK, 2010 20 25 30 35 40 45 50 Trust is established Readers make time to read an issue • Of their own choosing • The same copy is often read at several intervals There is focused attention – readers savour the ‘magazine moment’ 9 10 PPA UK describes the typical magazine reading experience as the magazine moment. From its ‘Absorbing Media’ study: 11 “The magazine moment was described warmly and positively by all respondents. It was treasured, as a break from work/ housework/homework/etc., a totally different activity which transported the readers from their everyday situation…” Respondents who said they are alone when reading a magazine* 12 Respondents who watched TV or took part in social/ family experiences when reading a magazine* Source: Magazine Experiences Europe study published in 2008 by Time and Fortune magazines. *France, Germany, UK “Magaz ines are an ‘appoin tment to view’ medium which o valuabl ffers e ‘me t ime’. C tend to opies be read as a tre when re at, laxing, and for taking a break.. ." 13 are in a s r e d a e “R ood – m e v i t p e rec ll the a o t e v i t recep ine, z a g a m of the contents the including ng..." i s i t r e v d a From an AdSense study by IPC Media in the UK How a 38 year old woman in Germany read an issue of Vogue: 13 May from 09:59 18 May from 13:50 21 May from 18:05 1 June form 10:27 5 June from 06:46 Ad Impact Monitor (AIM) study (RFID Contact Study) / Germany: 2009 to 2012 14 18 June from 12:19 >> Attentive, emotionally involved audience Repeat reading Warm, treasured moments A break from work and other everyday duties >> Receptive to all content, including advertising >> Repeat opportunities for engagement Readers are in control of what and when they read 15 They create ‘magazine moments’ to engage with their magazines Key consideration for advertisers 16 Magazines are unique in the extent to which ads are welcomed by the audience Readers choose magazines that reflect their personalities and interests choice choice Advertisers choose magazines with audiences that fit their audience and brand It’s a virtuous circle Match Media Matchmaker: It’s About Relationships. Magazine Publishers of Australia 2009 17 Relevance builds Connections Starcom in the US asked consumers to tear out from their favourite magazines 10 pages which between them represented the essence of the magazines 3/10 pages were ads 18 “A magazine’s power rests in the fact that the reader takes time to read and is focusing on the magazine. It is not only ‘your moment’, but also the moment for the advertiser. This is the opportunity for the advertiser to have an exclusive encounter with consumers.” Report on Magazine Engagement Study, The Netherlands 19 PPA Magnify Study (UK, 2011) found : èNoting scores for editorial and ads were similar, indicating magazines are a very hospitable environment for ads 20 èReading some or all of the content was higher for editorial, but action taken after reading tended to be stronger for ads Actions ❤ Familiarity with product Magnify conclusion ❤ Information gathering Engagement with ad Reader’s attention to ads 21 Presentation of ads in hospitable magazine environment Drives action ❤ Purchase consideration ❤ Purchase MAGAZINES AS DRIVERS OF BEHAVIOUR ON THE CONSUMER JOURNEY (HIGHLIGHTS) EDITORIAL AD 54% 54% Gathered more info after seeing article/ad 13% 18% Visited brand website 11% 16% Noting score INFORMATION GATHERING IMPACT ACTIONS: Have a more favourable opinion about the product 19% Recommended the product (word of mouth) 14% CONSIDERATION AND PURCHASE: 22 Considering purchase 12% 22% Purchased 4% 9% Overall net action score 66% 63% Magnify, PPA, 2011, UK Magazines are unique in the way in which readers welcome ads as part of the magazine’s essence • A perfect ‘dating arrangement’ Magazine moments = advertising moments • Opportunity for advertisers to have an exclusive encounter with consumers Ads in magazines drive action • Through the consumer journey to purchase 23 PROOF OF PERFORMANCE Ø 110 evidence-based studies Ø 23 countries Ø 116 pages ² This is the first of a 5-set presentation: the additional slide sets are available at: ² Full (free) digital edition available from: ² Order print copies from: Proof of Performance was written for FIPP by Guy Consterdine www.fipp.com/POP
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