Connect with FOLIO:
         

ADVERTISEMENT




A Not So Shocking Week

Marrecca Fiore Consumer - 12/22/2006-03:00 AM

Another week has passed and another magazine has closed, more people in publishing lost their jobs, and Time magazine was criticized for an idea it was all too proud of.

Shock shuts

Hachette-Filipacchi’s attempt to bring a gory photojournalistic magazine to the newsstands failed. Not a big surprise. The graphic-heavy, text-light publication is much more appealing to “screenagers” and very early 20-somethings than to the “older” print-reading set, which is why Hachette will keep the effort going online via its ShockU Web site and scrap the print publication. The effort serves as another reminder that young people want their news and entertainment for free …

Merry Christmas from Time Inc. and VNU

Time Inc. rounded up 27 workers from its consumer marketing division this week like a herd of cattle and told them they were no longer needed. This is second December in row Time Inc. has said happy holidays with a layoff (last year it laid off 105 workers in mid-December), as the struggling company repositions itself for the digital age …

Meanwhile, VNU said this week it will cut 4,000 jobs over the next few months as its new management team positions the company for growth.

While no one would argue that both Time Inc. and VNU need to cut costs and refocus their missions, Ann and Dave could have at least waited for the New Year to lower the boom on their employees …

Disapproval strikes Time magazine's “You” cover

Time magazine caught a lot of flack this week from journalists and bloggers for its selection of “You” as the person of the year. Did Time take the easy way out in not selecting an actual person for the annual honor? Probably. But the idea is not totally misguided, if not also a little self-serving. After all, there wasn’t a journalist in the world this year that wasn’t a little unnerved by the uprising of so-called citizen journalism.

But just as Andy Warhol famously predicted that everyone would be famous for 15 minutes, he also made the often misused quote to describe the fickle nature of the entertainment-starved public. Translation: Citizen journalism is hot for now, but whether it’s hot for good remains to be seen … More...

Tony Silber

The Path Of A Printer

Tony Silber Design and Production - 12/21/2006-03:00 AM

So yesterday, Perry Judd’s was sold. That makes one more in a wave of printer mergers for 2006. It follows the merger of United Litho and Dartmouth Printing into Sheridan Magazine Services (they had been owned by Sheridan already—this merger marks the creation of a unified marketing brand. And in November, Donnelley acquired Banta.

This is the continuation of a wave of consolidation that has been occurring for years among printers, but I think it’s worth noting the passing of what was once a dominant company. When I started working at Folio: in the early nineties, Judd’s Printing was a dominant player. Based in Virginia, it had an image of being a stable player, a trustworthy straight shooter that was going to be there when its clients needed it to be. Its top sales executive, Howard Sullivan, was the perfect personification of this image—gracious, commanding, a person with quiet authority.

But Judd’s was on the back cover of every issue of Folio: in those days and probably well before that. They had an anchor position and spoke to the market with a compelling, simple, consistent message month after month.

When Perry Printing bought Judd’s in 1997, that changed. And eventually, the merged Perry-Judd’s became a non-entity in this space. I can’t remember the last time Perry-Judd’s did any advertising. It may be that Perry Judd’s continues to be a great printer for its existing customers, and it may be that the company did a lot of innovating. But it frankly was not engaged in the magazine industry. They didn’t attend shows—Folio:’s or others. It didn’t exhibit. It didn’t run ad schedules. It became invisible.

I wonder how much that particular marketing strategy had to do with this week’s announcement. I’ve blogged about this topic before, but thought this was worth noting.

More...
Linda Zebian

Custom Pubs: Where The Money Is

Linda Zebian Consumer - 12/20/2006-03:00 AM

The Custom Publishing Council earlier this week announced that custom publishing spending increased by more than 18 percent in 2006. This year was the fifth consecutive year that this area of publishing experienced growth.

The study, which was done along with Publications Management, reported custom publishing spending now accounts for 24 percent of the total amount companies allocate for marketing, advertising and communications. Thirty-nine percent of the companies surveyed said they planned to increase their custom publishing spending in 2007, while 48 percent plan on maintaining spending.

There is no doubt that custom publishing has become a huge money maker in the publishing industry. Brands are looking to make personal connections with their customer through the power of printed materials, as well as e-publications. Custom publishing budgets allocated for e-publications has risen 35.5 percent since first measured in 2001, according to the study.

Why is it that the marketers at these companies look to custom publishing so much? Custom publishers are experts in design, sales, writing and production. It’s a no-brainer for these corporations to outsource to publishing industry experts, spending less than they would on an in-house staff while keeping all the hassles of publication production out of their hair. As long as new companies and organizations develop, and new products, services and programs are introduced, custom publishing will continue to grow.

More...
Matt Kinsman

Doing It...Just Because

Matt Kinsman emedia and Technology - 12/19/2006-03:00 AM

Who has a clearly defined Web strategy? Who has a dartboard approach, where you’re taking a stab at any promising new revenue stream in hopes that it will pay off?

Most publishers would probably admit to the dartboard approach. Part of that is because, as everyone likes to say, “No one knows where this is going.” Experimentation is relatively cheap, and if something doesn’t work, it can be gone the next day. “The beauty of the digital world is that if something works, great,” said John Loughlin, executive vice president and general manager of Hearst Magazines, at the Digital Magazine Forum earlier this month. “If not, you can just take it right down.”

The problem with the dartboard approach is that it stretches already overstretched magazine staffs even farther. Yes, everybody needs to be working online, from editorial to ad sales to marketing. That’s not even an argument any more. But is what you’re doing online serving a specific purpose or are you there just because your competitor is too? If you have a blog, what’s the purpose? If you’re doing a Webinar, have you triple-checked the system before you go live? If you’re offering channels, have you worked out a pricing structure that makes sense for you as a publisher, after you’ve paid off the writers and designers who create the channel?

Unless you’ve been fleeced by a Web design firm that doesn’t understand your market, getting almost any kind of Web functionality should be extremely affordable, if not free. Publishers like to say, "It cost us nothing but man hours.” True, but are those man hours being used wisely? “Integrated” is not a synonym for “online-only.” The same staff is still producing magazines and events, and creating direct mail or maintaining the server. It’s true that we’re all still experimenting with what works and what doesn’t but have a rationale before going online.

Fortunately, as more and more Web products begin to pay off, we’ll all be wiser, as well as wealthier. “On thing a profitable business model let’s you do is choose what’s important and what’s not,” says Alec Dann, general manager of magazines online at Hanley Wood. “The early days of the Internet were anarchy.”

More...
Bill Mickey

Too Radical?

Bill Mickey emedia and Technology - 12/18/2006-03:00 AM

Chris Anderson, Wired editor, Long Tail author and Folio: cover subject, blogged about his ideas on ‘radical transparency’ in magazine publishing: “If the key word is ‘participation’, how could we encourage that to the fullest? If trust comes come from transparency, how might we open the entire process?”

Anderson takes the ideas of reader participation and transparent, ‘open source’ journalism to the wall, setting up a scenario where, among other ideas, writers expose their stories during the development stage and readers get to help – with downside comments, too. For example:

2) Show what we're working on. We already have internal wikis that are common scratch pads for teams working on projects. And most writers have their own thread-gathering processes, often online. Why no open them to all? Who knows, perhaps other people will have good ideas, too.

Upside: Tap the wisdom of crowds

Risk: Tip off competitors (although I'd argue that this would just as likely freeze them; after all the prior art would be obvious to all); Risks "scooping ourselves", robbing the final product of freshness.

3) “Process as Content”*. Why not share the reporting as it happens, uploading the text of each interview as soon as you can get it processed by your flat-world transcription service in India? (This may sound ridiculous, but it’s exactly what wire services such as the AP have long done--they update their stories with each new fragment of information). After you’ve woven together enough of the threads to have a semi-coherent draft, why not ask your readers to help edit it? (We did it here, and it worked great). And while you’re at it, let them write the headlines and subheads, not just for the site but also the punchier ones for the RSS feed and the one that has to work with the art for the magazine.

Upside: Open participation can make stories better--better researched, better thought through and deeper. It also can crowdsource some of the work of the copy desk and editors. And once the story is done and published, the participants have a sense of collective ownership that encourages them to spread the word.

Risk: Curating the process can quickly hit diminishing returns. Writers end up feeling like a cruise director, constantly trying to get people to participate. And all the other risks of the item above.

When you’re brainstorming, it’s always best for someone to present scenarios in one extreme or another – it’s one way of meeting in the middle. But it’s been interesting to see industry reactions. Some agree with Anderson, for different reasons. Others aren’t so sure.

I guess I’m in the second camp. I’m all for finding ways to ratchet up reader and user participation wherever possible. Any way a magazine can get its readers to further absorb the brand and content into their daily lives is essential.

Yet I can’t get my head around opening up content that’s historically been created by a magazine’s editors to public participation for fear of two risks that Anderson already cites, but I find fatal:

1. There’s no way I’d want my story ideas and sources exposed to the competition. Something Business 2.0’s editor, Josh Quittner, is drooling over at the expense of Wired.

2. If I, as a reader, participate in the creation of a story, whether by contributing ideas, sources or simply tweaking subheads, I’ll be burnt out on it by the time the story is finished. The novelty of participating is one thing, but what happens to the informational value of the story once it’s finally done if you’ve already been exposed to every creative nuance?

Some of this is ideal for certain areas of online content creation, something Quittner points out. Yet, Anderson proposes his ideas for the whole operation – print and Web. More...

Matt Kinsman

Staffing Up For "Web 2.0"

Matt Kinsman emedia and Technology - 12/13/2006-03:00 AM

At the recent American Business Media Top Management meeting, Government Computer News editorial director Wyatt Kash gave his “wish list” on what new positions he’d like to see to help accelerate revenue growth online. As we push further into the so-called “Web 2.0,” it’s becoming apparent that not only are the duties of traditional jobs such as editorial and sale changing, but there’s a growing need for entirely new types of positions to manage online products.

We’ve listed Kash’s wish list below, along with some follow-up comments on how he sees those positions fitting in.

What new types of online jobs would help you?

Wyatt Kash’s Wish List:
Online Graphic Designer: “We publish pictures and charts in print but a variety of graphic material can’t be posted online.”

Multimedia Asset Manager: “You don’t see that position much now but we do see it coming. We’re getting more digital files—video, audio, PDFs—that don’t currently have an easy place to live. Our content management system is pretty much limited to text stories. We all waste a lot of hours trying to find things we know we have but aren’t easily found in the database.”

Metrics Analyst: “As publishers we have all these measurement tools but we don’t have an individual—almost like a good financial manager—keeping track of numbers and presenting them back to the staff so we can make better business decisions. We’re ignoring the full extent of people in our store. We need this for editors, not just the ad sales side. My sense is we’re leaving new products on the table because we aren’t seeing how it can be used.”

Community Editor: “A year from now, we’ll need more expertise on what to do with Web 2.0, such as forums and collaborations. It’s interesting what the Web is doing to get readers to contribute. We need someone with an editorial and marketing head to manage that because with volume we have to crank out, no one editor can do it. It’s an interesting hybrid and we don’t want to see our loyalty further fragmented by all these collaboration groups in the market.”

More...
Linda Zebian

On The Value Of Events

Linda Zebian Sales and Marketing - 12/13/2006-03:00 AM

This month, FOLIO: launched a new print newsletter called Magazine Event Strategies. Currently, about half (53 %) of FOLIO: subscribers work for organizations that produced at least one event in the last 12 months. The category is the second most-anticipated area of growth behind e-media, according a FOLIO: and Readex Research survey. MES offers tips on cost cutting, effective launch event tactics and behind the scenes looks into some of the most successful (and not so successful) conferences, tradeshows, parties and virtual events programs out there.

Kerry Smith, the president and CEO of Red 7 Media, has been working on the idea for this newsletter for a while now—inspired by his experience publishing Event Marketer and FOLIO: magazines—and he chose me to manage the details and assist him in getting it off the ground.

After working on the 16-page, ad-free newsletter, I too have a better understanding of the impact of live events. Kerry is passionate about the topic for a reason: Readers want more than just a page to read and a Web site to search. Face-to-face contact is what they yearn for and, beyond the pages of FOLIO:, there are no fully dedicated resources available to magazine event marketers looking for strategies on how to run their events better. Beyond that, magazine events can be huge revenue streams for publishers if they are executed correctly and tactfully. More...

Bill Mickey

Integrating Print And Online

Bill Mickey emedia and Technology - 12/11/2006-03:00 AM

Rodale announced today that they’re making some big changes in their org charts. Namely, by giving individual publishers their own dedicated online sales staff while simultaneously training print staff to sell online.

They’re also reassigning online editors to their respective editors in chief—this is particularly interesting to me because it puts online content control squarely in the hands of a magazine’s editor. It eliminates the content divide that separates the two editorial realms. At the end of the day, if you’ve got enough editorial staff to rationally support the operation via print and online, why not unite the vision under one content and policy guru? In Rodale’s case this seems to be not just the editor in chief but also a brand editor assigned to oversee brand initiatives across the entire media platform.

For more on Rodale’s integration efforts:
-Rodale Moves to Integrate Online, Print Staffs, via MediaWeek

More...
Bill Mickey

Nussbaum To Penton Staff: 'It Has Been Decided That I Will Be Leaving'

Bill Mickey B2B - 12/06/2006-03:00 AM

It was announced today that Prism CEO John French will become CEO of the soon-to-close merger of Prism and Penton Media.

Penton CEO David Nussbaum has decided that he will leave the company when the merger is complete sometime during the first half of next year. Until today, the b-to-b industry was abuzz with speculation about which exec would get the new CEO spot. Given Nussbaum’s hefty golden parachute, it’s not terribly surprising he’s decided to move on.

Penton filed an 8-K form with the SEC today that included copies of the press release announcing French’s CEO appointment, and a letter from Nussbaum to Penton’s employees announcing his planned departure. Here’s what he had to say:

Hi Everyone,

As you know, the merger process with Prism Business Media is continuing as Penton is awaiting SEC approval on our proxy statement. Once that proxy is approved, we will go to our shareholders and ask them to vote the transaction. It is anticipated that the deal could close between late January and late February.

Once the deal closes, it has been decided that I will be leaving the merged company and John French will become the CEO. First let me congratulate John, and wish him the best of luck and success. As a former Penton executive, he understands our culture and people well and thus should be positioned to lead our company successfully.

Secondly, I’d like you to know that Wasserstein/MidOcean and I had many long discussions about my role with the company, and came to the same conclusion — that I am anxious and excited to try a new path of discovery and thus it was best for the business that we part ways. I have pledged to the new future owners of the business that I will be available to help in the integration when called upon. I make the same pledge to each of you, if you need to talk, brainstorm, or simply chat—I am available to you as well.

It is important to note that I still, and always will, care very much about each and every one of you. We have been through a lot together as we revived Penton and returned it to its place of glory in the business media industry. I have told everyone who would listen that we have the best team in the business. You are resilient, strong minded, creative, passionate and have a hunger to win. I feel honored and privileged to have had the pleasure of leading this team for the past several years.

Thank you for all your contributions, for your friendship and for your support.

And please stay in touch. I won’t be leaving until the deal closes and will get you my future contact information then.

Warmly,

David

More...
Bill Mickey

Mags And 'Web 2.0'

Bill Mickey emedia and Technology - 12/01/2006-03:00 AM

The Bivings Group, a Washington, DC-based Internet marketing and information firm, released a study Wednesday called “Analyzing the Presence of Magazines on the Internet,” which follows up an earlier study on newspapers.

The magazine report examined the top 50 circulated titles in the U.S., benchmarking their progress in “Web 2.0” initiatives: RSS, mobile content, podcasts, blogs, and message boards among others.

It’s a shallow study, interesting for, well, what the 50 widest circulated titles are up to on the Web. Nevertheless, the report falls victim to broad conclusions: “After finishing the research, it became clear that magazines are not making use of Web 2.0.” Granted, the titles examined in the study were indeed coming up pretty short in the benchmarked feature set, but it’s a stretch to assume these results represent an industry-wide pattern.

But, hey, who has the time or resources to survey the many thousands of consumer, b-to-b, association, regional, and custom titles out there anyway?

Some results:
-Message boards/forums are offered by 46 per cent of magazine websites.
-38 per cent of the magazines require registration to view all of the site’s content.
-38 per cent of the magazines offer at least one reporter blog.
-Video is an offering on 34 per cent of websites.
-14 per cent of sites offer podcasts and bookmarking
-Eight per cent of sites allow comments on articles
-Six per cent of magazine websites use tags for organizing and searching articles.

And poor Playboy, despite cracking the top 20 circulated titles and having a pretty aggressive digital strategy, was shut out of the report. According to the study’s authors, the magazine is “considered inappropriate for professional research.” Ouch. I guess Folio: and the other trades should think about making our research and reporting more “professional.”

More...
Bill Mickey

Online Edit For Sale

Bill Mickey emedia and Technology - 11/27/2006-03:00 AM

Another article covering in-text ad links recently ran on WSJ.com. It’s one of those radioactive subjects that gets its fair share of love-hate coverage. The technology is not new, and allows advertisers to buy keywords within an article that are hyperlinked via mouse-over to a pop-up text or video ad. Advertisers pay a prearranged price when a user clicks on the ad.

There are several vendors that broker this service between publisher and advertiser, selling keywords on a pay-per-click basis – anywhere between $5 and $20, according to the report. In fall 2004, Vibrant Media’s IntelliTXT product caused a minor sensation at Forbes.com when the editorial staff rejected its brief implementation.

There’s a place for this technology, for sure, but I fall on the “intense dislike” side of the fence. As a writer, I’d hate to see my stories appear online peppered with hyperlinked keywords that have been sold to a vendor. It’s product placement. And the unmistakable odor of sell-out is there, and even if editors and writers have no prior knowledge or input on which words are selected and sold, readers will inevitably notice. And publishers simply shouldn’t even go there for fear of tainting the edit brand.

Other disheartening points the article makes:

Hyde Post, vice president for the Internet at the Atlanta Journal-Constitution, says the paper restricts in-text ads to soft-news sections such as entertainment and sports. The paper hasn’t received any reader complaints, he says. “You have to try new things,” Mr. Post says of the paper’s decision to start running in-text ads earlier this year. “I look at the medium as very evolutionary.”
I realize papers often get knocked as Internet neophytes, and perhaps the AJC closely examined the implications of using the service – I don’t know and the article doesn’t say. But, no, you don’t have to try new things just because the medium allows it. And just because the experiment is in the “soft-news sections” doesn’t mean a negative brand impact will extend into the “hard news” sections.

Still, in-text advertising is gaining traction, in part because it appeals to many sites on the Web that don’t focus on hard news, such as feature magazines, trade publications and blogs.
Since when do feature magazines and trade publications ignore hard news? Or blogs, for that matter? Magazine publishers have used their Web sites as the platform de jour for news-focused content. And, again, I don’t get this hard news vs. soft news distinction. It’s all content critical to a publication, both online and off. The implication here is that “soft news” is somehow less deserving of ethical oversight.

Update: Paul Conley abhors in-text ads even more passionately. Check out today's post at his blog, where he makes two excellent points: 1) that the story's author concludes consumer and trade publications are somehow responsible for the practice's traction (see second grab); and 2) VNU has also been there and back again.

More...
Tony Silber

Ruminating About Advertising

Tony Silber Sales and Marketing - 11/22/2006-03:00 AM

At the American Business Media Top Management Meeting, R.R. Donnelley’s Walter Zdunek introduced a session, and spoke eloquently about Donnelley's commitment to the magazine industry. Not only is Donnelley the largest printer in the industry, Zdunek said, it's the largest printer of smaller magazines as well.

That commitment shines through in Donnelley’s marketshare, customer service and elsewhere. Donnelley is a great company, there’s no doubt about that. And with the recent acquisition of Banta, it stands to be bigger and more capable than ever.

But Donnelley is an enigma. Donnelley rarely advertises. It rarely exhibits at top industry events. And in conversations with its marketing team, Donnelley executives are frank: They believe they get more ROI through small invite-only custom events than they do through advertising.

That’s all fine in a sense. Companies need to make the marketing decisions that are right for them. But to me, there is a disconnect when the country’s largest magazine printer doesn’t advertise.

Here’s my reason: The magazine industry exists because of advertising. Donnelley's hundreds of magazine customers exist because of advertising. And Donnelley thrives when its customers sell lots of advertising—the more pages its customers print, the more they pay their supplier—R.R. Donnelley.

So by not advertising, the country’s largest magazine printer is in effect saying its customers’ business model doesn’t work for it. To me, there is an incongruity there.

I don’t really mean to single out Donnelley—there are plenty of suppliers that do not advertise. In fact, some other big printers don’t spend much either. And naturally, I’m biased. I know advertising works. Beyond that, I think the big suppliers especially have an obligation to show support for the industry they owe their existence to.

In the end, publishers will make their supplier decisions based on value—how well they know and trust a supplier. (Of course, advertising builds awareness and trust.)

But I’m suggesting that those magazine-industry suppliers whose marketing methods exclude advertising ought to be prepared to have a conversation about those marketing methods with their magazine-publisher prospects—all of whom live or die by advertising.

More on ABM’s Top Management Meeting
-Brandscape vs. Workscape
-Observations From ABM Top Management

More...
« first‹ previous123124125126127128129130131next ›last »



CONNECT WITH FOLIO: NOW
         


CAREER CENTER dots icon