Print Advertising Chapter 11 McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Using Magazines in the Media Mix • Pros • Cons – – – – – – – – – – – – – – – flexible color authority & believability permanence & prestige proven selling power strong reader loyalty extensive pass-along merchandising assistance lack of immediacy shallow geographic coverage costly for broad audiences long lead time heavy competition high cost per thousand declining circulation 11-2 Using Magazines in the Media Mix • Special Possibilities with Magazines – color and images that extend off the page (bleed) – cover position – junior units and island halves (special placements) – inserts and gatefolds 11-3 How Magazines are Categorized • Content – Consumer magazines – Farm publications – Business magazines • Geography – Local city magazines – Regional publications – National magazines 11-4 Buying Magazine Space • Important to consider – readership – cost – mechanical requirements – closing dates (deadlines) – circulation 11-5 Buying Magazine Space • Understanding Circulation – Rate Base – Guaranteed Circulation – Primary Readership – Secondary (pass-along) Readership 11-6 Buying Magazine Space • Understanding Circulation – Vertical publications • covers a specific industry in all aspects – Horizontal publications • deal with a job function across industries 11-7 Buying Magazine Space • Understanding Circulation – Paid circulation • recipients pay a subscription price to receive it – Controlled circulation • the magazine is sent free to those who are thought to have influence over the purchase of advertised products 11-8 Buying Magazine Space • Reading Rate Cards – Three Dates affecting magazine purchases • cover date • on-sale date • closing date 11-9 Buying Magazine Space • Reading Rate Cards – Rates • for the rate, calculate the CPM or Cost Per Thousand • CPM can give a better idea as to how far your ad spending will go 11-10 Using Newspapers in the Media Mix • Pros – – – – – – – – – mass, local medium comprehensive in scope geographically selectivity Timeliness Credibility Selective Attention Creative Flexibility Active Medium Reasonable Cost • Cons – – – – – – lacks selectivity short lifespan low production quality lots of clutter lack of control overlapping circulation 11-11 Using Newspapers in the Media Mix • How Newspapers are categorized – Delivery frequency (daily, weekly) – Physical Size (standard, tabloid) – Audience (general, language, business) – Other types • Sunday supplements • shoppers/pennysavers • national (USA Today) 11-12 Using Newspapers in the Media Mix • Types of Newspaper Advertisements – Display Advertising – Reading Notice (advertorial) – Classified Advertising – Public Notices – Preprinted Inserts 11-13 How Advertisers Buy Newspaper Space • Understanding Readership & Circulation – Rate Cards – Local vs. National Rates – Flat and Discount Rates – Short Rate – Combination Rates – Run of Paper vs. Preferred Position 11-14 Directory and Yellow Page Advertising – A directory is an alphabetical or subject listing containing names, descriptions, and contact information for persons or organizations. – 87 percent of the US population used printed yellow pages in 2007 – Internet yellow pages searches are growing – Yellow pages are often the sole advertising medium for local businesses – In this advertising, content is most important 11-15