ADVERTISEMENT



Your Favorite Magazine Is The Same Price It Was 9 Years Ago

As People ups its price, we look at how much magazines have cost since 2005.



Michael Rondon By Michael Rondon
03/25/2014

 

*Click to enlarge 

People is upping its cover price this week for the first time in six years, but the data shows the industry at large has been cautious in changing what they charge at the newsstand.

Now sitting at $5.05, average cover prices for U.S. consumer titles have risen just $0.57 since 2005, according to data from the Alliance for Audited Media—well behind the pace of inflation. The average price of $4.48 in 2005 would be $5.34 in today's dollars.

Price range has dwindled as well with many of the titles charging premium prices back in 2005 no longer in existence. Less than half of the most expensive magazines (those in the top 10 percent) from nine years ago are still around.

The most commonly-charged price hasn't changed either. Chances are you're favorite magazine still costs $4.99.

 

For People, which is going from $3.99 to $4.99 starting Friday, it now finds itself up against a major threshold. Whether it's a psychological barrier or a real consumer breaking point, the $4.99 mark has proven to be a wall.

The biggest newsstand sales periods have all happened at or below that level. Only one title managed to sell more than 800,000 issues while charging $5.00 or more—at $6.99, Athalon Football sold 857,214 copies in 2007—and no one else has come close.

(Interestingly, the New York Post notes that Time Inc. tested a $5.99 price point for People before settling at $4.99.)

Price isn't everything though. Staying firm at a lofty $16.95, Harvard Business Review doubled its newsstand sales in the last nine years.

See also: The Transforming Consumer Magazine Business Has Not Been Good to the Newsstand 

Michael Rondon By Michael Rondon
03/25/2014







RECENTLY in Consumer dots icon
MOST READ on FOLIO: dots icon


CONNECT WITH FOLIO: NOW
         



Find What You Need dots icon

Folio: Marletplace

Seach top vendors, suppliers, service providers & more

Browse & Search the Full Directory Now


CAREER CENTER dots icon