I was honored to speak on a keynote panel at Magazine Innovation Center's ACT 5 conference, hosted by media veteran Samir Husni (Mr. Magazine). Here's my presentation deck.
Please find the corresponding transcript on SlideShare:
http://www.slideshare.net/mnetburn/managing-magazine-audiences
Panel topic: Building and Managing Magazine Media Audiences.
Key topics discussed: Collaborative industry data, sourcing dynamic third party data, database innovation, predictive modeling, identifying niche ideal audience segments.
Conference info:
http://www.maginnovation.org/act/agenda/
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4. PAGE
This Is What I Want You to Remember
3
• Foster a Collaborative
Approach to Data
• Identify “likely
magazine buyers” and
then engage then in a
direct tailored way
• Aggressive About
Pursuing Innovation
DATA
STRATEGY
OPERATIONS
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5. PAGE
History of Media & Magazines
The print magazine remains
vital, powerful and valuable.
And value generates money.
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6. 99% of American households
own a television
92% of Americans ages
12 & older listen to the
radio each week
Social media is no longer seen
as a stand-alone set of tools
91% of all American adults
read print or digital magazines
Media Reach/Influence
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7. PAGE
Value of Magazines
6
The top 25 print magazines reach more adults
and teens than the top 25 regularly scheduled
primetime TV shows.
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14. PAGE
Audience
13
The key is knowing
who your customers
are – and are not.
Magazine publishers know a fair amount
about their existing customers – but not
enough about who isn’t buying media,
or why.
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15. PAGE
Data is Critical
14
Magazine media audience remains strong
and circulation is stable
Total 18+ magazine audience
Subscription/single copy sales 2003-2012
year year subscription single copy total
2013 187,055,000 2012 + 285,148,911 26,535,140 311,684,051
2012 186,992,000 2011 + 282,919,614 29,558,699 312,478,313
2011 191,022,000 2010 + 292,237,864 32,999,204 325,237,070
2010 189,772,000 2009 + 310,433,396 36,138,514 346,571,912
2009 189,315,000 2008 + 324,818,012 43,664,772 368,363,773
2008 188,893,000 2007 + 322,359,612 47,433,976 369,793,587
2007 185,523,000 2006 + 321,644,445 47,975,657 369,620,102
2006 183,405,000 2005 313,992,423 48,289,137 362,281,559
2005 180,620,000 2004 311,818,667 51,317,183 363,135,850
2004 178,723,000 2003 301,800,237 50,800,854 352,601,091
Note: Measured magazine titles excluding
Sunday magazines and newspapers
Source: GfK MRI, Spring 2013
+ Paid and Verified-Effective 2006, AAM established verified subscriptio circulation as a category
Source: Averages calculated by MPA from each year's AAM Publishers Statements, 2003-2013
Comics, annuals and international editions are not included. The AAM ruled in 2012 that digital
editions would be reported as part of this data; as of 2012 digital editions make up approximately
2.2% of these estimates
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17. PAGE
Collaborative Data – Three Steps
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Collect the
widest range of
valuable data,
from a range of
sources inside and
outside the world
of media
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18. Develop the
models to identify
high-value target
audiences as well as
explore connections
between media
consumption and
other consumer
behaviors
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Collaborative Data – Three Steps
17
19. Identify the
opportunities to
engage audiences
and test different
methods for
marketing and
communicating with
potential customers
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Collaborative Data – Three Steps
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