Print Advertising in 2011
Posted on August 27, 2010 by Mediabids
Folio recently published a great article discussing why print will make a comeback in 2011. Here's a direct link to the article: http://www.foliomag.com/2010/seven-reasons-print-will-make-comeback-2011
1. Getting Attention: Have you noticed how many fewer
magazines and print newsletters you are getting in the mail these days? I
don't know about you, but I definitely pay more attention to my print
mail. There's just less mail, so more attention is paid to each piece.
Opportunity? Less traditional publishers are printing magazines today,
which leaves opportunities for content marketers.
2. The
Focus on Customer Retention: In a soon-to-be-released research study
conducted by Junta42 and MarketingProfs, customer retention was the most
important goal for marketers when it came to content marketing outside
of basic brand awareness. Historically, the reason why custom print
magazines and newsletters were developed by brands was for customer
retention purposes. We have a winner!
3. No Audience
Development Costs: Publishers expend huge amounts of time and money
qualifying subscribers to send out their magazines. Many times,
publishers need to invest multiple dollars per subscriber per year for
auditing purposes (They send direct mail, they call, they call again so
that the magazine can say they that their subscribers have requested the
magazine. This is true for controlled (free) trade magazines).
So,
let's say, a publisher's cost per subscriber per year is $2 and their
distribution is one hundred thousand. That's $200,000 per year for
audience development.
That's a cost that marketers don't have
to worry about. If marketers want to distribute a magazine to their
customers, they just use their customer mailing list. That's a big
advantage.
4. What's Old Is New Again: Social media,
online content and iPad applications are all part of the marketing mix
today. Still, what excites marketers and media buyers is what IS NOT
being done. They want to do something different...something new. It's
hard to believe, but I've heard many marketers talk about leveraging
print as something new in their marketing mix. Unbelievable.
5.
Customers Still Need to Ask Questions: We love the Internet because
buyers can find answers to almost anything. But where do we go to think
about what questions we should be asking? I talked to a publisher last
week who said this:
The print vehicle is still the best medium on the planet for thinking outside the box and asking yourself tough questions based on what you read. It's lean back versus lean forward. If you want to challenge your customers (like Harvard Business Review does), print is a viable option."The web is where we go to get answers but print is where we go to ask questions."
6. Print Still Excites People: I talked to a journalist recently who said it's harder and harder to get people to agree to an interview for an online story. But mention that it will be a printed feature and executives rearrange their schedule. The printed word is still perceived as more credible to many people than anything on the web. It goes to the old adage, "If someone invested enough to print and mail it, it must be important."
Whether that's true or not, that is still a widely-held perception.
7. Unplug: More and more people are actively choosing the unplug, or disconnect themselves from digital media. I'm doing this more myself. I'm finding myself turning off my phone and email more to engage with printed material. A year ago I didn't see this coming. Today, I relish the opportunities when I can't be reached for comment.
If I'm right, many of your customers (especially busy executives) are feeling the same. Your print communication may be just what they need.
Online content marketing is definitely here to stay. Yes to social media, apps and the rest of it. But don't forget that print can still play an important role in your overall content marketing mix.
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