Survey
* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project
Chapter 12 Evaluation of Print Media: Magazines and Newspapers Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Magazines and Newspapers Appeal to nearly every specific consumer interest and lifestyle Newspapers are primary source of product information for many consumers Many people read a number of different magazines each week or month for information or entertainment Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 2 Magazines and Newspapers Newspapers and magazines need advertising revenue to survive Consumer magazines generate 54% of their revenues from advertising Newspapers generate 70% of their revenues from advertising Print media must attract large numbers of readers or a very specialized audience to be of interest to advertisers Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 3 The Role of Magazines and Newspapers Present detailed information that can be processed at the reader’s own pace High-involvement media Magazines are the most specialized of all advertising media Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 4 Classifications of Magazines Consumer magazines Business publications Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 5 Consumer Magazines Bought by general public for information or entertainment Represent major portion of the magazine industry Possible to market to specialized markets through magazines Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 6 Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 7 Business Magazines Magazines or trade journals published for specific businesses, industries or occupations Reach specific types of professionals with particular interests and give them important information relevant to their industry Good way for advertisers to reach the specific types of individuals who constitute their target market Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 8 Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 9 Advantages of Magazines Selectivity Reproduction quality (Lexus ad) Creative flexibility (gatefolds and bleed pages) Permanence Prestige Consumer receptivity and engagement Services Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 10 Creative flexibility Gatefolds enable an advertiser to make a striking presentation by using a third page that folds out and gives the ad an extra large spread. Bleed pages are those where the advertisement extends all the way to the end of the page with no margin of white space around the ad. Bleeds give the ad an impression of being larger and make a more dramatic impact. Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 11 Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 12 Services Split runs • Two or more versions of an ad are printed in alternate copies of a particular issue of a magazine • Help determine which ad generates the most responses or inquiries Selective binding • Allows creation of hundreds of copies of a magazine in one continuous sequence • Computerized production process • Enables magazines to address specific groups within their circulation base Ink-jet imaging • Projects ink onto paper rather than using mechanical plates • Enables personalization of an advertising message Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 13 Disadvantages of Magazines Costs Limited reach and frequency Long lead time Clutter and competition Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 14 Magazine Circulation Primary circulation Number of copies distributed to the original subscribers or purchasers Determines magazine’s rate structure Guaranteed circulation Publishers give advertisers a rebate if the number of delivered magazines falls below the guarantee Figures are set safely below the average actual delivered circulation Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 15 Types of Newspapers National newspapers • Have national circulation and editorial content with a nationwide appeal • Appeal to: • Large national advertisers • Regional advertisers that use specific geographic editions of these publications Special-audience newspapers • Offer specialized editorial content and are published for particular groups Newspaper supplements • Included by papers in their Sunday editions Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 16 Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 17 Types of Newspaper Advertising Display advertising • Uses visual devices in addition to the copy text Classified advertising • Ads are arranged under subheads according to the product, service, or offering being advertised Special ads and inserts • Government and financial reports • Notices and public notices of changes in business and personal relationships • Preprinted inserts: Printed by advertiser and taken to the newspaper to be inserted Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 18 Advantages and Disadvantages of Newspapers Advantages • • • • Market penetration Flexibility Geographic selectivity Reader involvement and acceptance • Services offered Disadvantages • • • • Poor reproduction Short life span Lack of selectivity Clutter Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 19 Newspaper Rates Standard Advertising Units (SAUs) • Use column widths 2-1/16 inches wide with: • Tabloid-size papers five columns wide • Standard or broadcast papers six columns • Used for national advertising Column inch • One inch deep by one column wide • Rates are quoted per column inch • Total space costs is calculated by multiplying the ad’s number of column inches by the cost per inch • Used for local advertising Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 20 Rate Structures Flat rates • Offer no discount for quantity or repeated space buys Open-rate structure • Discounts are available based on frequency or bulk purchases of space • Depend on the number of column inches purchased in a year Run of paper (ROP) • Paper can place the ad on any page or in any position it desires Preferred position rate • Allows advertisers to choose a specific section and/or position on a page Combination rates • Advertisers get a discount for using several newspapers as a group Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 21 The Future of Newspapers Competition from other media Reduced circulation Attracting and retaining readers Online delivery and multiple platforms Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 22