SlideShare ist ein Scribd-Unternehmen logo
1 von 29
How Magazines can Survive the Digital Age ,[object Object]
Traditional media is losing “news” market share to the Internet Source: Pew Research Centre via Marketing Charts August 2008
Text And as more people spend time online, the less time they  spend with traditional media Source:  Journal of Computer-Mediated Communication
So will internet kill  the print media star?
NO New technology never completely replaces old technology.  We generally find a new purpose for “old tech”
Cars didn’t replace horses. Horse riding evolved from  transportation  into  recreation
Photography didn’t replace painting. Impressionism, cubism, surrealism and several other important art movements emerged  after the invention of the camera .
Digital media, social or otherwise, won’t completely replace print media. Print media will evolve.
Magazines are best positioned amongst traditional media to weather the internet storm as the industry already is structured as a ‘mass of niches’ with a title catering to almost any interest
While 2008 Ad Revenues are down 11.7% Source: Magazine Publishers of America
... circulation revenue is up Source: BusinessWeek, May 15, 2009
Insight Magazine content is valued by readers  Using advertising as the primary source of funding that content is what’s broken
“ What business are you in?” Jeff Jarvis, author of  What Would Google Do
Not breaking news Twitter and blogs do it faster
Not community Services like Facebook and Meetup have that covered
There are many newspapers and news shows reporting the same things.  Magazines have a voice and in this era voice is values ; magazines can create content with unique value and if they can continue to find readers across media they will survive. Jeff Jarvis
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Magazines are  curators of content  of a particular taste and point of view.
How does one profit from content when standard advertising can no longer pay most of the bills?
Be a Brand Maxim is more than a men’s magazine. It’s a male fantasy brand that throws parties and opens nightclubs. Having multiple revenue streams takes away the publisher’s dependence on advertising. It also allows for a deeper understanding of the audience allowing for  richer marketing partnerships with other brands
Be a Brand Extension “ O – The Oprah Magazine” extends Oprah Winfrey’s personal brand. In Canada, LCBO’s “Food & Drink” and The Beer Store’s “Chill” serve as a marketing platform for brands within their respective categories.
Find a  receptive  captive audience In flight magazines like En Route and commuter magazines like Metro can promise a receptive audience to marketers because of their captive audience
Find a  receptive  captive audience Are there any unexplored captive areas?
Be a content platform OhMyNews is a Korean newspaper that edits articles  crowdsourced from citizen journalists . The writers are paid if the article is published. With less full-time staff, the paper is able to sustain itself
Be uber-premium ,[object Object]
Be an Aggregator Lexus sponsored “Mine” Magazine, an aggregate of several titles based on preferences chosen by readers HSBC sponsored a custom magazine where consumers would get an HSBC branded hard cover, choose from a series of loose-leaf articles, and have it bound before their flight
Be an Aggregator Now imagine a meta-magazine, one that scoured the Internet for great content that matched your preferences either by survey or based on your Facebook profile. Article quality would be determined by reader reviews, an automated algorithm, and/or editorial reviews. Ads and marketing partnerships could be targeted based on  article context  and  reader profiles.
The Bottom Line ,[object Object],[object Object]
Thank You Jason Dojc www.linkedin.com/in/jdojc

Weitere ähnliche Inhalte

Andere mochten auch

Advertisement in newspaper
Advertisement in newspaperAdvertisement in newspaper
Advertisement in newspaper
Monika Paliwal
 
Ignite Newspaper Advertisement Analysis
Ignite Newspaper Advertisement AnalysisIgnite Newspaper Advertisement Analysis
Ignite Newspaper Advertisement Analysis
gmckillop
 
advertising
advertisingadvertising
advertising
esterb28
 

Andere mochten auch (20)

Social Media Marketing for Newspapers & Magazines
Social Media Marketing for Newspapers & MagazinesSocial Media Marketing for Newspapers & Magazines
Social Media Marketing for Newspapers & Magazines
 
Advertising print media
Advertising print mediaAdvertising print media
Advertising print media
 
Advertisement in newspaper
Advertisement in newspaperAdvertisement in newspaper
Advertisement in newspaper
 
TYPES OF ADVERTISEMENT MEDIA
TYPES OF ADVERTISEMENT MEDIA TYPES OF ADVERTISEMENT MEDIA
TYPES OF ADVERTISEMENT MEDIA
 
Comp 107 cep ii
Comp 107 cep iiComp 107 cep ii
Comp 107 cep ii
 
Conversation Marketing for Newspapers
Conversation Marketing for NewspapersConversation Marketing for Newspapers
Conversation Marketing for Newspapers
 
Marketing 101 for Community Newspapers
Marketing 101 for Community NewspapersMarketing 101 for Community Newspapers
Marketing 101 for Community Newspapers
 
Ignite Newspaper Advertisement Analysis
Ignite Newspaper Advertisement AnalysisIgnite Newspaper Advertisement Analysis
Ignite Newspaper Advertisement Analysis
 
Newspaper Display Advertisiment
Newspaper Display AdvertisimentNewspaper Display Advertisiment
Newspaper Display Advertisiment
 
Basic of Computer fundamental
Basic of Computer fundamental Basic of Computer fundamental
Basic of Computer fundamental
 
advertising
advertisingadvertising
advertising
 
Marketing Portfolio for Ad Portal Marketing
Marketing Portfolio for Ad Portal MarketingMarketing Portfolio for Ad Portal Marketing
Marketing Portfolio for Ad Portal Marketing
 
DECISION MAKING PROCESS ON PURCHASING A NEWSPAPER
DECISION MAKING PROCESS ON PURCHASING A NEWSPAPER DECISION MAKING PROCESS ON PURCHASING A NEWSPAPER
DECISION MAKING PROCESS ON PURCHASING A NEWSPAPER
 
The ROI of Print
The ROI of PrintThe ROI of Print
The ROI of Print
 
Computer fundamental
Computer fundamentalComputer fundamental
Computer fundamental
 
Real Estate- A Proven Revenue Model For The Press (Newspaper Industry)
Real Estate-  A Proven Revenue Model For The Press (Newspaper Industry)Real Estate-  A Proven Revenue Model For The Press (Newspaper Industry)
Real Estate- A Proven Revenue Model For The Press (Newspaper Industry)
 
Kim Sheehan - Word of Mouth and Community Building for Alternative Newspapers
Kim Sheehan - Word of Mouth and Community Building for Alternative NewspapersKim Sheehan - Word of Mouth and Community Building for Alternative Newspapers
Kim Sheehan - Word of Mouth and Community Building for Alternative Newspapers
 
Codes and Conventions of newspaper Advertisements
Codes and Conventions of newspaper AdvertisementsCodes and Conventions of newspaper Advertisements
Codes and Conventions of newspaper Advertisements
 
Social media and content marketing for newspapers
Social media and content marketing for newspapersSocial media and content marketing for newspapers
Social media and content marketing for newspapers
 
MARKETING STRATEGY OF NEWSPAPER INDUSTRY (A Study on Daily Prothom Alo) ...
MARKETING STRATEGY OF NEWSPAPER INDUSTRY  (A Study on Daily Prothom Alo)     ...MARKETING STRATEGY OF NEWSPAPER INDUSTRY  (A Study on Daily Prothom Alo)     ...
MARKETING STRATEGY OF NEWSPAPER INDUSTRY (A Study on Daily Prothom Alo) ...
 

Ähnlich wie How Magazines Can Survive the Digital Age

Question 3: What kind of institution might distribute your media product and ...
Question 3: What kind of institution might distribute your media product and ...Question 3: What kind of institution might distribute your media product and ...
Question 3: What kind of institution might distribute your media product and ...
judebirdx
 
Question 3
Question 3Question 3
Question 3
dddddom
 
Mm Magazine Lt3
Mm Magazine Lt3Mm Magazine Lt3
Mm Magazine Lt3
jackin
 
Media Marketing Lt2
Media Marketing Lt2Media Marketing Lt2
Media Marketing Lt2
jackin
 
The Rise of the Brand Newsroom - Mynewsdesk redpaper
The Rise of the Brand Newsroom - Mynewsdesk redpaperThe Rise of the Brand Newsroom - Mynewsdesk redpaper
The Rise of the Brand Newsroom - Mynewsdesk redpaper
Ramya Chandrasekaran
 

Ähnlich wie How Magazines Can Survive the Digital Age (20)

Question 3: What kind of institution might distribute your media product and ...
Question 3: What kind of institution might distribute your media product and ...Question 3: What kind of institution might distribute your media product and ...
Question 3: What kind of institution might distribute your media product and ...
 
Question 3
Question 3Question 3
Question 3
 
C6 - Magazines
C6 - MagazinesC6 - Magazines
C6 - Magazines
 
Question 2
Question 2Question 2
Question 2
 
Mm Magazine Lt3
Mm Magazine Lt3Mm Magazine Lt3
Mm Magazine Lt3
 
Question 3
Question 3Question 3
Question 3
 
Digital Transformation Iapa 1106
Digital Transformation Iapa 1106Digital Transformation Iapa 1106
Digital Transformation Iapa 1106
 
Question 3
Question 3Question 3
Question 3
 
Evaluation question 3
Evaluation question 3Evaluation question 3
Evaluation question 3
 
5) la empresa innovadora nyt
5) la empresa innovadora nyt5) la empresa innovadora nyt
5) la empresa innovadora nyt
 
Unit 1 - Analysing a Print Based Media Product (LO1 - LO4)
Unit 1 - Analysing a Print Based Media Product (LO1 - LO4)Unit 1 - Analysing a Print Based Media Product (LO1 - LO4)
Unit 1 - Analysing a Print Based Media Product (LO1 - LO4)
 
Evaluation question 3
Evaluation question 3Evaluation question 3
Evaluation question 3
 
Evaluation Question Three
Evaluation Question ThreeEvaluation Question Three
Evaluation Question Three
 
Media Marketing Lt2
Media Marketing Lt2Media Marketing Lt2
Media Marketing Lt2
 
The Rise of the Brand Newsroom - Mynewsdesk redpaper
The Rise of the Brand Newsroom - Mynewsdesk redpaperThe Rise of the Brand Newsroom - Mynewsdesk redpaper
The Rise of the Brand Newsroom - Mynewsdesk redpaper
 
Total film
Total filmTotal film
Total film
 
Evaluation Question 3
Evaluation Question 3Evaluation Question 3
Evaluation Question 3
 
Evaluation Question 3
Evaluation Question 3Evaluation Question 3
Evaluation Question 3
 
Young Hip Progressive
Young Hip ProgressiveYoung Hip Progressive
Young Hip Progressive
 
Question 3 media
Question 3 mediaQuestion 3 media
Question 3 media
 

Mehr von Jason Dojc (7)

Platform Dynamics - The rise and dominance of Platforms
Platform Dynamics - The rise and dominance of PlatformsPlatform Dynamics - The rise and dominance of Platforms
Platform Dynamics - The rise and dominance of Platforms
 
Digital Marketing: How we got here and where we're going
Digital Marketing: How we got here and where we're goingDigital Marketing: How we got here and where we're going
Digital Marketing: How we got here and where we're going
 
Teaching philosophy
Teaching philosophyTeaching philosophy
Teaching philosophy
 
A Futurist Deck - 2018
A Futurist Deck - 2018A Futurist Deck - 2018
A Futurist Deck - 2018
 
Personas, Customer Journeys, and Digital Strategy
Personas, Customer Journeys, and Digital StrategyPersonas, Customer Journeys, and Digital Strategy
Personas, Customer Journeys, and Digital Strategy
 
People Focused Content Strategy
People Focused Content StrategyPeople Focused Content Strategy
People Focused Content Strategy
 
Giving 2.0
Giving 2.0Giving 2.0
Giving 2.0
 

Kürzlich hochgeladen

Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
vineshkumarsajnani12
 

Kürzlich hochgeladen (20)

CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
Chennai Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Av...
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTSDurg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
Durg CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN durg ESCORTS
 
UAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur Dubai
UAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur DubaiUAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur Dubai
UAE Bur Dubai Call Girls ☏ 0564401582 Call Girl in Bur Dubai
 
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTSJAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
 
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All TimeCall 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptxQSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
 
Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024Marel Q1 2024 Investor Presentation from May 8, 2024
Marel Q1 2024 Investor Presentation from May 8, 2024
 
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in PakistanChallenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
Challenges and Opportunities: A Qualitative Study on Tax Compliance in Pakistan
 
Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 

How Magazines Can Survive the Digital Age

  • 1.
  • 2. Traditional media is losing “news” market share to the Internet Source: Pew Research Centre via Marketing Charts August 2008
  • 3. Text And as more people spend time online, the less time they spend with traditional media Source: Journal of Computer-Mediated Communication
  • 4. So will internet kill the print media star?
  • 5. NO New technology never completely replaces old technology. We generally find a new purpose for “old tech”
  • 6. Cars didn’t replace horses. Horse riding evolved from transportation into recreation
  • 7. Photography didn’t replace painting. Impressionism, cubism, surrealism and several other important art movements emerged after the invention of the camera .
  • 8. Digital media, social or otherwise, won’t completely replace print media. Print media will evolve.
  • 9. Magazines are best positioned amongst traditional media to weather the internet storm as the industry already is structured as a ‘mass of niches’ with a title catering to almost any interest
  • 10. While 2008 Ad Revenues are down 11.7% Source: Magazine Publishers of America
  • 11. ... circulation revenue is up Source: BusinessWeek, May 15, 2009
  • 12. Insight Magazine content is valued by readers Using advertising as the primary source of funding that content is what’s broken
  • 13. “ What business are you in?” Jeff Jarvis, author of What Would Google Do
  • 14. Not breaking news Twitter and blogs do it faster
  • 15. Not community Services like Facebook and Meetup have that covered
  • 16. There are many newspapers and news shows reporting the same things. Magazines have a voice and in this era voice is values ; magazines can create content with unique value and if they can continue to find readers across media they will survive. Jeff Jarvis
  • 17.
  • 18. Magazines are curators of content of a particular taste and point of view.
  • 19. How does one profit from content when standard advertising can no longer pay most of the bills?
  • 20. Be a Brand Maxim is more than a men’s magazine. It’s a male fantasy brand that throws parties and opens nightclubs. Having multiple revenue streams takes away the publisher’s dependence on advertising. It also allows for a deeper understanding of the audience allowing for richer marketing partnerships with other brands
  • 21. Be a Brand Extension “ O – The Oprah Magazine” extends Oprah Winfrey’s personal brand. In Canada, LCBO’s “Food & Drink” and The Beer Store’s “Chill” serve as a marketing platform for brands within their respective categories.
  • 22. Find a receptive captive audience In flight magazines like En Route and commuter magazines like Metro can promise a receptive audience to marketers because of their captive audience
  • 23. Find a receptive captive audience Are there any unexplored captive areas?
  • 24. Be a content platform OhMyNews is a Korean newspaper that edits articles crowdsourced from citizen journalists . The writers are paid if the article is published. With less full-time staff, the paper is able to sustain itself
  • 25.
  • 26. Be an Aggregator Lexus sponsored “Mine” Magazine, an aggregate of several titles based on preferences chosen by readers HSBC sponsored a custom magazine where consumers would get an HSBC branded hard cover, choose from a series of loose-leaf articles, and have it bound before their flight
  • 27. Be an Aggregator Now imagine a meta-magazine, one that scoured the Internet for great content that matched your preferences either by survey or based on your Facebook profile. Article quality would be determined by reader reviews, an automated algorithm, and/or editorial reviews. Ads and marketing partnerships could be targeted based on article context and reader profiles.
  • 28.
  • 29. Thank You Jason Dojc www.linkedin.com/in/jdojc