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Do they have a future both as a product, as well as online??


  Yes...
Because
          - Even though there is an increase in
online activity, where people get the latest news
instantly …
                                                  -Consumers and readers tend to trust
                                          Magazines more in general
  However, if magazine                                 - Circulation revenue is up
  companies have both                     Source: BusinessWeek, 15th May, 2009
  online content and a solid
  copy, then they will target                       - People like having a solid
  a wider audience                        copy, rather than pixelated content
How have audience habits changed when consuming the media?




     Teens spend approx. 31 hours a
     week online, where there are lots
     of instant celeb
     gossip, news, fashion blogs
     etc, which are all free
                                              More than a half of teens have more than
                                              one computer at home, so it’s easier to
                                              access , than going down to the shops to
                                              buy a magazine


More and new social networks that are constantly
evolving all the time to keep up with the numerous
demand
          - Twitter            - Tumblr
          - Facebook           - Blogger
Advantages

Updated instantly – magazines may be behind in news


        Free – magazines cost around £2-£5

                    Interactive
What has been the impact of this change on the magazine
         industry (production, exhibition, distribution and consumption)?

Traditional media is more
of a threat than ever…
                                     TV
                                               -Increasing number of TV
 Books
                                     channels, where all tastes are available at the
          - Huge increase in
                                     same time
 teenage reading – Harry Potter
                                               - More teens have TV’s in their
                                     rooms, so they are more likely to watch TV
 Books compete with magazines
                                     than read a magazine
 for quite time


                       Newspapers
                                  - Increased coverage of
                       celebrities
                                  - Rise of free daily
                       newspapers and access to parents
                       papers - so there’s a higher impact
                       than figures suggest
Online magazines

    - Sugar Magazine launched ‘sugarscape’ in December, 2007 to
    target the online teen market




    Its content is bright, fun, eye-catching and
    interactive, which appeals to the teen audience
However, the response to teen magazines in general is still widely muted



Many have little or even no online
presence



                                             And some of the information and
                                             articles are very basic and repetitive
How are audience’s habits going to change the way in which magazines
                 are consumed, produced, distributed today?




If consumers spend more time on the
internet, then magazines will try to adapt and add
online content to their magazine, such as
Company, who have told readers to install an app
called zapper, which allows the reader to view
videos when looking at certain images.




                                         Also, if consumers become more
                                         internet orientated then there will be
                                         less interest in magazines
What do audiences think of magazines? (do they trust them? How do they use
                 them? What do they like/dislike about them?)

                                                        However, some people don’t
 Audiences tend to trust magazines as they are
                                                        like magazines, because
 well known names, and so would buy most
 products advertised in them.
                                                        - Too much gossip
        So magazines could use this information and
                                                        - Not fully rounded, some
        boost advertisements from sponsors to make
                                                          people think that
        more money
                                                          magazines focus on one
                                                          area too much

Also, magazines tend to be in waiting rooms, such       - Too many advertisements
as doctors, optician's, dentists, orthodontists, hair
dressers and even some libraries, so they are
mainly used and read when waiting. This means
that companies could perhaps sell to these
institutions to raise consumption
Have circulation figures dropped/increased?


Yes, considerably, by 60%



            Went down from 41.2 million in
            2002, to 15.5 million in 2009




                            This is probably because of fewer titles and
                            circulation in magazines has decreased
However, adult men and women magazine sales have increased
   – despite the same challenges



                               And so have teen magazines –
                                                           82% of girls aged 11-19 buy a
                               magazines at least once a month (1/3) buy a magazine
                               weekly




Top of the Pops circulation has been increasing since 2002




                      AND magazines like Grazia, if it wants or needs to increase
                      circulation, will run editorials that appeal to the mass markets.
                      However, this could cause the magazine to loose more of its
                      ‘luxurious designers’ – The Guardian
What about the impact of advertising? (this is a fundamental aspect to the magazine
               industry…how will advertising influence its future?)

Free magazines heavily rely on advertising as it’s the
primary source of income, so if advertisers decide to
focus on key titles, like Vogue, ELLE etc, then these
magazines will more than likely die out

But, magazines are very important to
advertising companies as a number of studies
show that consumers are more likely to find
magazine advertising acceptable and enjoyable
compared to other mediums
                                                   Also, other studies
                                                   have shown that
                                                   consumers pay more
                                                   attention to magazine
                                                   adverts than ones on
                                                   the TV or radio, thus
                                                   impacting on product
                                                   sales
So we know that magazines are an
important form of advertisement, but
how does this help magazine companies?


     Well, companies will be more willing to advertise
     in magazines than on the internet as they know
     how well magazine adverts sell their products, so
     they will continually invest in magazines, thus
     making the magazine business stable.
In your opinion what is the future of the magazine industry?


Personally, I think that despite the decline in sales of magazines and a huge
increase in the use of internet, there is still a future for magazines as we
never really completely replace old technology; instead we find another
purpose or use and make it evolve to survive, as kindle’s haven’t replaced
books, photo’s haven’t fully replaced paintings – impressionism, cubism and
surrealism instead came out of the wood work to give a completely new
look on paintings

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Presentationnnnn

  • 2. Do they have a future both as a product, as well as online?? Yes... Because - Even though there is an increase in online activity, where people get the latest news instantly … -Consumers and readers tend to trust Magazines more in general However, if magazine - Circulation revenue is up companies have both Source: BusinessWeek, 15th May, 2009 online content and a solid copy, then they will target - People like having a solid a wider audience copy, rather than pixelated content
  • 3. How have audience habits changed when consuming the media? Teens spend approx. 31 hours a week online, where there are lots of instant celeb gossip, news, fashion blogs etc, which are all free More than a half of teens have more than one computer at home, so it’s easier to access , than going down to the shops to buy a magazine More and new social networks that are constantly evolving all the time to keep up with the numerous demand - Twitter - Tumblr - Facebook - Blogger
  • 4. Advantages Updated instantly – magazines may be behind in news Free – magazines cost around £2-£5 Interactive
  • 5. What has been the impact of this change on the magazine industry (production, exhibition, distribution and consumption)? Traditional media is more of a threat than ever… TV -Increasing number of TV Books channels, where all tastes are available at the - Huge increase in same time teenage reading – Harry Potter - More teens have TV’s in their rooms, so they are more likely to watch TV Books compete with magazines than read a magazine for quite time Newspapers - Increased coverage of celebrities - Rise of free daily newspapers and access to parents papers - so there’s a higher impact than figures suggest
  • 6. Online magazines - Sugar Magazine launched ‘sugarscape’ in December, 2007 to target the online teen market Its content is bright, fun, eye-catching and interactive, which appeals to the teen audience
  • 7. However, the response to teen magazines in general is still widely muted Many have little or even no online presence And some of the information and articles are very basic and repetitive
  • 8. How are audience’s habits going to change the way in which magazines are consumed, produced, distributed today? If consumers spend more time on the internet, then magazines will try to adapt and add online content to their magazine, such as Company, who have told readers to install an app called zapper, which allows the reader to view videos when looking at certain images. Also, if consumers become more internet orientated then there will be less interest in magazines
  • 9. What do audiences think of magazines? (do they trust them? How do they use them? What do they like/dislike about them?) However, some people don’t Audiences tend to trust magazines as they are like magazines, because well known names, and so would buy most products advertised in them. - Too much gossip So magazines could use this information and - Not fully rounded, some boost advertisements from sponsors to make people think that more money magazines focus on one area too much Also, magazines tend to be in waiting rooms, such - Too many advertisements as doctors, optician's, dentists, orthodontists, hair dressers and even some libraries, so they are mainly used and read when waiting. This means that companies could perhaps sell to these institutions to raise consumption
  • 10. Have circulation figures dropped/increased? Yes, considerably, by 60% Went down from 41.2 million in 2002, to 15.5 million in 2009 This is probably because of fewer titles and circulation in magazines has decreased
  • 11. However, adult men and women magazine sales have increased – despite the same challenges And so have teen magazines – 82% of girls aged 11-19 buy a magazines at least once a month (1/3) buy a magazine weekly Top of the Pops circulation has been increasing since 2002 AND magazines like Grazia, if it wants or needs to increase circulation, will run editorials that appeal to the mass markets. However, this could cause the magazine to loose more of its ‘luxurious designers’ – The Guardian
  • 12. What about the impact of advertising? (this is a fundamental aspect to the magazine industry…how will advertising influence its future?) Free magazines heavily rely on advertising as it’s the primary source of income, so if advertisers decide to focus on key titles, like Vogue, ELLE etc, then these magazines will more than likely die out But, magazines are very important to advertising companies as a number of studies show that consumers are more likely to find magazine advertising acceptable and enjoyable compared to other mediums Also, other studies have shown that consumers pay more attention to magazine adverts than ones on the TV or radio, thus impacting on product sales
  • 13. So we know that magazines are an important form of advertisement, but how does this help magazine companies? Well, companies will be more willing to advertise in magazines than on the internet as they know how well magazine adverts sell their products, so they will continually invest in magazines, thus making the magazine business stable.
  • 14. In your opinion what is the future of the magazine industry? Personally, I think that despite the decline in sales of magazines and a huge increase in the use of internet, there is still a future for magazines as we never really completely replace old technology; instead we find another purpose or use and make it evolve to survive, as kindle’s haven’t replaced books, photo’s haven’t fully replaced paintings – impressionism, cubism and surrealism instead came out of the wood work to give a completely new look on paintings

Editor's Notes

  • #3: Talk about NME