06.09.2021 Views

Launch! Advertising and Promotion in Real Time, 2009a

Launch! Advertising and Promotion in Real Time, 2009a

Launch! Advertising and Promotion in Real Time, 2009a

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

desirable for advertisers of technology, travel, <strong>and</strong> real estate products to reach. There’s a good chance<br />

many of these travelers will pick up the magaz<strong>in</strong>e at some po<strong>in</strong>t dur<strong>in</strong>g the flight. [1]<br />

National reach. Whereas newspapers are local, magaz<strong>in</strong>es have national or <strong>in</strong>ternational reach. Some<br />

magaz<strong>in</strong>es, such as <strong>Time</strong>, also pr<strong>in</strong>t regional editions to support regional demographic differences <strong>and</strong><br />

more targeted advertis<strong>in</strong>g.<br />

Multiple impressions per copy. Magaz<strong>in</strong>es last longer than newspapers <strong>and</strong> are often passed from person<br />

to person (magaz<strong>in</strong>es often cite this number of pass-along impressions to justify charg<strong>in</strong>g higher prices to<br />

advertisers). The targeted nature of magaz<strong>in</strong>es, the good visual quality of their images, <strong>and</strong> the high<br />

credibility of the medium means that the ads are likely to reach <strong>and</strong> <strong>in</strong>fluence the right audience.<br />

Long lead time. On the other h<strong>and</strong>, the production <strong>and</strong> distribution schedules of magaz<strong>in</strong>es require<br />

months of lead time. A monthly magaz<strong>in</strong>e slated to stay on newsst<strong>and</strong>s through the end of December may<br />

have been pr<strong>in</strong>ted <strong>in</strong> early November with a deadl<strong>in</strong>e for ad copy <strong>in</strong> September. This reduces the<br />

medium’s flexibility to respond to market changes.<br />

High cost. A general-audience magaz<strong>in</strong>e typically charges more than $100,000 for a full-page four-color<br />

ad. Costs can grow if the advertiser wants guaranteed placement (e.g., near an article with the same theme<br />

as the product) <strong>and</strong> even more for ads on the back cover or directly <strong>in</strong>side the cover page. Moreover,<br />

advertisers often need to buy ads <strong>in</strong> multiple magaz<strong>in</strong>es to reach a wide audience. Despite the costs, ad<br />

spend<strong>in</strong>g <strong>in</strong> consumer magaz<strong>in</strong>es <strong>in</strong>creased 4.6 percent <strong>in</strong> 2006. [2]<br />

Figure 10.3<br />

Saylor URL: http://www.saylor.org/books<br />

Saylor.org<br />

290

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!