Conde Nast, Other Publishers Look to Standardize Metrics in Digital Editions
Agencies, media buyers will accept digital circulation.
Digital editions, the oft-dubbed â€śWild Westâ€ť of the publishing world, may be charted in the near future. Many publishers are investing large amounts of time and resources to navigating user behavior in tablet editions of magazines, and this data is being used in a variety of ways.
Bonnier announced that an agency theyâ€™re working with is going to recognize the mag+ copies they sell as part of their rate base; mag+ is an initiative now under Moving Media, created by Bonnier for publishers to build tablet editions.
Along with Hearst, Bonnier is partnering with MediaVest, a full-service media specialist. Hearst and Bonnier will give MediaVest audience demographic info, and MediaVest will in turn recommend clients like Kraft and Walmart to advertise in Bonnier and Hearst owned titles.
Publishing giant Conde Nast is going a different way, collaborating with Adobe to aggressively monitor, gather and analyze audience engagement metrics with digital editions; the publisher plans to share their findings not only with their advertising clients, but with the publishing industry as a whole.
Lou Cona, Condeâ€™s chief marketing officer, says, â€śWeâ€™re very transparent in what weâ€™re learning, and weâ€™re going to be inclusive with all our clients. We donâ€™t want to do one-off guarantees; we really want to help the industry standards.â€ť
Scott McDonald, SVP for research and insights at Conde, says that in working with Adobe and Omniture over several months in analyzing user engagement with Condeâ€™s digital offerings, previous notions of engagement were dispelled as naĂŻve assumptions. Because the tagging system created by Omniture for tracking audience behavior is similar to the system utilized for the Web, app metrics were projected to match Web behaviors. McDonald says, â€śWhat weâ€™ve been learning through this engagement with Adobe is that theyâ€™re really not.â€ť
Some unforeseen factors include usersâ€™ finger engagement with the editions, as well as time spent with the edition when the user is not within the app shell. This is particularly problematic for gathering metrics, as there is no way to monitor the time until the reader connects back to the app. The metrics from the time spent in the edition and out of the app are then delivered late, skewing overall results.
McDonald says that the majority of metrics for the digital editions are similar to those in place for print and Web engagement. These four stages include distribution (by keeping in step with ABC, Conde Nast is releasing their digital edition circulation for first half to ABC in August, which may encourage other publishers to do the same); exposure numbers, including user action in the digital pages, for copy and advertisement; engagement time, which is said to be more complicated than print or Web measurements; and activation numbers, which McDonald says are harder to gather.
Sharing the New Knowledge
Conde is making it a priority to share the learned metrics with advertising clients, as well as the industry itself, in order to promote a standard that is accepted across the board.
Conde representatives plan to use forums such as industry committees IDD and the MPA to share newly gained metric knowledge. McDonald also serves as the chairman of the Print and Digital Research Forum, and he will to use their upcoming four-day conference in October as a platform to share what Conde is learning.