Nuts & Bolts Newspaper Division Newspapers…Redefined Paper © 2012 Audit Bureau of Circulations Multi-platform Content Delivery Topics • Consolidated Media Reports o Current and future o Magazine and Business Pub approach • Verified Home Delivery o Preparation and Audit Process • Going Digital o Products, Strategies and Audit Process • CAC Acquisition • ABC Brand Refresh © 2012 Audit Bureau of Circulations CMR • Launched in 2006 • Industry began shifting to total brand identity and metrics • CMR is stand-alone report that allows you to show total media footprint © 2012 Audit Bureau of Circulations CMR Lower cost, simpler reports: • Aggregate data for multiple members o Multiple paid o Paid and TMC o Newspapers and Periodicals • Add other print media o o o o o © 2012 Audit Bureau of Circulations Magazines Auto Guides Foreign language publications Nonpaid publications Community newspapers © 2012 Audit Bureau of Circulations © 2012 Audit Bureau of Circulations CMR More Complex types available: • Multi-channel o o o o o o o o o © 2012 Audit Bureau of Circulations Multiple and varied print media Digital (websites, apps) Social Media (Twitter, Pinterest, Facebook) Trade Shows Text Alerts Newsletters Email campaigns Broadcast metrics Etc. © 2012 Audit Bureau of Circulations © 2012 Audit Bureau of Circulations © 2012 Audit Bureau of Circulations CMR • Limitations o No rankings o No comparisons to other publications o Nothing promotional ~ “best”, “leading”, “premier”, “#1”, etc. o Digital must be real-time o All data must be auditable © 2012 Audit Bureau of Circulations CMR • Why Release a CMR? o o o o o Cross-selling Show audience retention/shift Show overall growth/reach Labeling freedom Enhanced visual appeal (charts, graphs, maps, logos, product photos, etc.) o Custom format (length, detail, components, time period) © 2012 Audit Bureau of Circulations CMR 1. Contact ABC Process • ABC Marketing Dept • Initial Consultation (Goals, components, time frame, design, etc) • Identify Key Stakeholders at Newspaper 2. Pre-Audit Review • ABC Marketing Dept (Consults with audit) • Feasibility of CMR plan and metrics desired • Discuss records available for each component © 2012 Audit Bureau of Circulations CMR 3. Cost Estimate Process • ABC Marketing Dept • Based on components, metrics and design • Invoice issued 4. Draft • Pub submits claims and creative design • Mutual approval necessary (Newspaper and ABC) © 2012 Audit Bureau of Circulations CMR 5. Audit Work Process • ABC Audit Group & Digital Group, if applicable • Coordinate and complete audit procedures 6. Proof • Results provided to newspaper • Proof generated and provided to newspaper 7. Approval & Release • Approval by newspaper • ABC releases into marketplace © 2012 Audit Bureau of Circulations CMR 2.0 • CMR task force o Created in July 2011 o Newspaper publishers and buyers • Purpose o Future of the CMR o Database integration o More timely reporting © 2012 Audit Bureau of Circulations CMR 2.0 • Future of the CMR o CMR to replace traditional P/S o Sunset date for P/S not yet determined • Items to consider o Data elements o Mandatory metrics vs. optional ~ Comparability, yet flexibility o FAS-FAX impact o CNA member impact o Transitional period © 2012 Audit Bureau of Circulations CMR 2.0 • Database Integration o Retain some level of comparability • Items to consider o What components should be mandatory? o Which metrics within each component should be mandatory? o Matrix to be developed © 2012 Audit Bureau of Circulations CMR 2.0 • Timely Reporting of Data o Quarterly Par. 3 data (ZIP and County) o Via online tool • Beta-testing currently in progress o o o o o © 2012 Audit Bureau of Circulations Six newspapers Input data using tool Evaluate design, ease of use Gather feedback Develop business rules CMR 2.0 • Business Rule Considerations o o o o o o o o Who required to file quarterly? Deadlines? Consequences? Can data be modified? Will history of edits and data be visible? Disclosures? Implementation date? Other data to be filed? ~ Top-line print circulation data ~ Digital data © 2012 Audit Bureau of Circulations Consumer Magazines • Timely Reporting o Rapid Report tool o Established 2006 • Highlights o o o o o © 2012 Audit Bureau of Circulations Prompted by advertisers Shows top-line summary data Available to advertisers in .pdf or Excel 139 titles voluntarily participate (23%) Represents 38 publishers Consumer Magazines © 2012 Audit Bureau of Circulations • Business Rules for Rapid Report o File each issue o Initial deadline is end of following month o Modifications permitted until P/S filing deadline o History retained o Must reconcile to P/S ABC Publication Special Issue © 2012 Audit Bureau of Circulations Consumer Magazines © 2012 Audit Bureau of Circulations • Future of Rapid Report o May become mandatory for larger titles o Remain optional for all others o Timeline not yet established Consumer Magazines • CMR o Launched June 2011 o 9 total titles released so far ~ 5 already have multiple CMRs • Highlights o Stand-alone report like newspapers o Circulation, digital, e-newsletters, social media and event data o One showed global data © 2012 Audit Bureau of Circulations Business Pubs • CMR o Launched December 2008 • Highlights o o o o o Optional If used, replaces Publisher’s Statement P/S data shown first No customizing in traditional data Additive and customizable data follows (web, newsletters, trade shows, social media, etc.) o Must identify if attempt was made to unduplicate data © 2012 Audit Bureau of Circulations Verified Home Delivery • Requested o o o o o Residential delivery Opt-in to initiate delivery Opt-out on every issue Additional annual opt-out effort 12-week minimum • Targeted o Residential delivery o Opt-out if service exceeds one day o 120-day advance notice on ABC website © 2012 Audit Bureau of Circulations Verified Home Delivery © 2012 Audit Bureau of Circulations • Audit Process 1. 2. 3. 4. 5. 6. 7. 8. 9. Quantify Obtain recipient file Sample selection Initial recipient contact Field testing Contact publication Rebuttal process Final results tallied Additional audit efforts Verified Home Delivery 1. Quantify o o Determine average volume for all editions Develop audit plan 2. Obtain recipient file o o o o Address-specific Phone numbers, if available Delivery days and windows Copy of all editions 3. Sample selection o o © 2012 Audit Bureau of Circulations Selected by auditor Not shared until testing complete Verified Home Delivery 4. Initial recipient contact o Letter & phone campaigns o Confirm ~ Receipt (targeted) ~ Order (requested) o Response rates vary, but typically low 5. Field testing o o o o © 2012 Audit Bureau of Circulations Set of auditors sent into market Visual observation to confirm delivery Subscriber contact if necessary Summarize results Verified Home Delivery 6. Contact publication o Any delivery issues over last 3-6 months? o Factor into audit results o Present net results to publication 7. Rebuttal process o “No goods” (NGs) ~ Recipients who didn’t respond ~ No observation of delivery ~ Delivery issues didn’t account for lack of response or lack of delivery o Publication given chance to refute NGs ~ Affidavits, phone calls, etc. © 2012 Audit Bureau of Circulations Verified Home Delivery 8. Final results tallied o % of sample that are NGs applied to total Verified, HD circulation o Up to 15% error allowed without deduction ~ For total Verified, HD ~ That’s Requested and Targeted together 9. Additional audit efforts o Confirm other qualification requirements ~ Opt-in for requested ~ Opt-out efforts for both ~ Website postings for targeted © 2012 Audit Bureau of Circulations Verified Home Delivery • Helpful Hints o Understand audit requirements o Reasonable response time to auditors o Shorter delivery windows ~ Reduces risk of errors ~ Less cost o Maintain address-specific route lists ~ Complete and updated for move-outs, vacant homes, etc. ~ Conduct internal review of files ~ Don’t let them get too far out-of-date o Retain phone numbers, when possible © 2012 Audit Bureau of Circulations Verified Home Delivery • More Helpful Hints o Know & track delivery problems for each issue o Post your targeted programs online ~ Check and update regularly o Self-audit ~ Don’t go into audit blindly ~ Execute efforts, randomly, to confirm delivery is occurring ~ Don’t inform distributors and carriers of your self-audit timing ~ Create culture of adherence to delivery schedules and policies © 2012 Audit Bureau of Circulations Verified Home Delivery © 2012 Audit Bureau of Circulations • Last One… o Consult your audit manager if you are just developing a verified program or you plan a significant change in volume Going Digital • What are Your Digital Products? o Restricted-access web site ~ Registration and log-in required o E-reader ~ Kindle, Nook, etc. o Tablet app ~ iPad, Samsung, Kindle Fire, etc. o Mobile app ~ iPhone, Android, etc. o Other? © 2012 Audit Bureau of Circulations Going Digital • Potential as a Digital Edition o Product must be news-focused ~ Content must have correlation to your print product ~ May be replica or nonreplica of print o May have different name ~ If name is substantially different, then product must reflect it is a brand related to the ABC member © 2012 Audit Bureau of Circulations Going Digital © 2012 Audit Bureau of Circulations • Determine strategies o How do you sell digital? o What metrics do you want? o What is best ABC approach for you? Going Digital • Qualification o Paid ~ Proof of incremental pricing ~ Access every 30 days o Verified ~ Proof of access every 30 days © 2012 Audit Bureau of Circulations Going Digital © 2012 Audit Bureau of Circulations • Audit Process 1. 2. 3. 4. ABC book for digital circulation Identify all digital products claimed Incremental Pricing Confirm access, when applicable Going Digital 1. ABC Book for Digital Circulation o o o o Foundation for audit Most overlooked by publications Often a manually compiled spreadsheet Reflect same categories as P/S 2. Identify all Digital Products Claimed o Provide access to all products o Auditor reviews all products o Confirms eligibility as digital editions © 2012 Audit Bureau of Circulations Going Digital 3. Incremental Pricing o Include digital subscribers in master listing provided for “Nth” o Tested as part of subscriber file o Auditor ties digital to the print account o Auditor confirms order and payment o Publication provides list of all promotional codes used in audit period. ~ What each means ~ Hard copy offer associated with it ~ Critical to audit © 2012 Audit Bureau of Circulations Going Digital 4. Confirmation of Access o Know your provider ~ What is tracked, output reports, detail support o Consult with audit manager in advance if you have concerns or questions o Testing ~ Publication walks auditor through process of quantifying for Publisher’s Statement and details to support that data ~ Explain any adjustments made (i.e. de-duping) ~ Auditor selects a month ~ Auditor reviews log files (retain for audit) © 2012 Audit Bureau of Circulations • CAC Acquisition Transaction o Approved Nov. 2 via CAC member vote ~ 88% in favor ~ CAC becomes a subsidiary ~ Cashless transaction • Initiative led by media buyers o Integrate data into a single database o Evolve to common set of qualification guidelines and labeling standards • Benefits to CAC members o Visibility in ABC database o Opportunity for ABC’s ancillary services © 2012 Audit Bureau of Circulations CAC Acquisition • CAC will operate independently o Responsible for own revenue (member charges) and expenses o Retains its own board of directors o Retains CAC name and logo • Back office operations consolidated o Accounting, report processing, etc. © 2012 Audit Bureau of Circulations CAC Acquisition © 2012 Audit Bureau of Circulations • CAC members retain relationship directly with CAC. o o o o o o Contacts Filing Publisher’s Statements Audit rules Auditors and audit process Reporting formats Audit costs The Conference Now • Opening Reception o 5:00 – 6:30 pm Majestic Ballroom – 5th floor Tomorrow • Breakfast o 7:30 – 8:30 am Gershwin Ballroom – 4th floor • General Session o 8:30 – Noon Majestic Ballroom – 5th floor • Luncheon o 1:00 – 3:00 pm Majestic Ballroom – 5th floor • Divisional Meeting o 3:00 – 4:30 pm © 2012 Audit Bureau of Circulations Pearl Room – 9th floor