Amateur Chef Business Plan Title, type of magazine and market sector Summarise your idea Reader profile Amateur Chef Consumer special interest magazine Cooking monthly Amateur Chef is the first magazine to target the home gourmet, and taps into a growing trend for food fetishism. The food magazine market is a busy one, but where Amateur Chef differentiates is in offering information and advice for the talented hobby chef, those who look to cooking as a way to spend their free time rather than solely to feed their family. It taps into the rising popularity of programmes like Come Dine With Me and Masterchef, and there is currently no brand for those who want to challenge themselves and improve their practical cookery skills. Through a combination of print magazine, cookery books and exclusive online content Amateur Chef will become an interactive and engaging brand that penetrates into a lucrative and as yet untapped market. Demographics: Male A, B, C1 Men, aged between twenty and thirty-five, with an interest in cuisine. *Please see attached Reader Profile and Research Summary* Brand characteristics and editorial content There are currently no UK food magazines aimed at passionate home hobby cooks. The magazine will be about providing professional advice and information for amateurs who want to improve their cooking skills. Most home cooks are self-taught and have little understanding of the techniques taught in professional cooking schools. Amateur Chef will provide this, and help hobby cooks develop a greater understanding of food. Technique and advice will form a large part of the editorial, from how to improve knife skills to enhancing understanding of flavour pairings. Practical help is the watchword. There is no place for extended critiques of a nation’s food philosophy, but there will be explanations of the culinary methods that create it. The brand will engage with its readers, acting as a helpful and knowledgeable friend rather than an expert talking down to the reader. Interactivity is important element of this interactivity, and through online content and apps (see later) Amateur Chef will talk readers through technical cooking skills and recipe ideas. Editorial will be chatty, simple and engaging, the friend in the pub without the pretension and posturing that characterises high-end food writing. Articles will be Competitive set Why it will succeed picture-led and attractive on the page, with food as the central element. With food being so photogenic, the words will work around and complement the imagery. The pictures will draw the reader in, and the words will keep them there. The seasonality of produce and the constantly evolving world of high-end cuisine will allow Amateur Chef to constantly provide new information, and keep readers abreast of the latest developments in cooking. The model for Amateur Chef is more akin to other special interest hobby mags like Amateur Photographer and Pro Cycling than mass-market cookery magazines. The food magazine market is a busy one, with competition from supermarket magazines, dedicated food magazines such as delicious., and celebrity tie-ins like Jamie. Mass-market weeklies, newspaper supplements and even ABC1 titles such as Monocle contain food sections. Amateur Chef differs by targeting a gourmet audience for whom cooking is a passion, rather than a task. It is for the man who’ll spend £100 on a knife, not the one looking to ‘Feed your family for a fiver’. Since there is no other print product in this market, the main competition is online and from international titles such as Bon Appetit, Gourmet and Cooks Illustrated, who all have a significant web presence. To counter this, Amateur Chef would be very UK focused, with emphasis on using local, seasonal produce and features information being limited (mostly) to the British culinary scene. There are no magazines offering technical knowledge as taught in culinary schools, rather than just recipes. Amateur Chef will differentiate by improving readers’ skills beyond individual recipes. As the growth in high-end cooking programmes such as MasterChef and The F Word has shown, there is a huge interest in producing restaurant quality food at home. Outside London, even restaurants in regional cities now offering ‘culinary weekends’ where diners are taught to cook by professional chefs. Cooking is far more than a purely functional task, and as TV programmes like Come Dine With Me prove, entertaining for friends and family is a semi-competitive hobby, with individuals attempting to out-do each other at home. From my research, urban professionals short on time see cooking each night as an important period of relaxation, and enjoy the process as much as the end result. There is a geeky side to cooking which men especially enjoy. The prevalence of kitchen gadgets and expensive cookware is not something covered in existing cooking magazines, but is an important part of the hobby chef’s kitchen. How it will make money Despite declining circulations generally the special interest market is holding comparatively strongly. Amateur Chef is more than an occasional pick-up, but rather a title that builds long-term relationships with its readers. 75% of Britons cook every day, and they spend an average of 49 minutes preparing meals. BBC Good Food has a circulation of 320,000 and delicious. has a circulation of 94,000. These represent the mass- and higher-end of the UK food magazine market. The Observer Food Monthly, which has a similar demographic although a very different distribution model, has a circulation of over 1m. Bon Appetit and Cooks Illustrated do not have a wide circulation in the UK outside London and are generally available only through subscription. BBC Good Food Online receives 2.8m monthly visitors from the UK. Bon Appetit Online receives 760,000 monthly visitors from the UK. Amateur Chef would be the only high-end, technically focused cooking magazine in the UK, and the only male-focused cooking magazine. Food and television have long gone together, but there are currently more cooking programmes on TV than ever before. Cooking is now prime time entertainment, and there are entire channels dedicated to food programming. Short and long term cooking courses, run by restaurant chefs and professional teachers, are available throughout the UK for amateur chefs looking to improve their skills, and cover everything from pastry to butchery. There is a real taste in the UK for a high-end, gourmet’s cooking magazine that focuses on technical skill, quality ingredients and the latest in culinary innovation. Amateur Chef will be priced at £3.99. This is slightly more expensive than delicious. to reflect the high-end readership and content. Amateur Photographer, a hobby magazine with a similarly niche and special-interest readership, has a circulation of 18,000. Circulation would sit between more mass-market food magazines, which have a broader demographic, and hobby magazines which are more niche. The print run would be 80,000 with 50% unsold, giving a circulation of 40,000. This is a conservative figure for the initial launch. As it begins to gain exposure and become more accepted by hobby chefs, the circulation will begin to rise. The editorial/advertising split in food magazines is around 80/20%, in hobby magazines it’s nearer 70/30%. Since Amateur Chef sits between the two, the split will be 65/35%. Special Editions Advertising strategy Marketing strategy As it is monthly and quite a small magazine, there will be five editorial staff. These would be Editor, Senior Staff Writer, Sub-editor, Art Director and Web Editor There will be a series of special, ‘one-off’ editions of Amateur Chef. They will focus on particular national cuisines or cooking techniques. They will be available quarterly, alongside the normal editions. They will focus more on recipes and very particular techniques around the theme, more akin to a traditional cookery book than a magazine. The special editions will have high production values and be collectors’ items, priced at £5.99. Format will be similar to the special editions produced by Computer Music magazine. Culinary courses and equipment manufacturers will be the main sources of advertising for Amateur Chef. From my research, readers have shown that they enjoy buying and using new equipment. ‘Features/reviews on cooking equipment’ was the 3rd most requested item in the survey. Amateur Chef’s key advertisers will be cooking equipment companies such as specialist knife manufacturers and resellers like Procook who would be advertising directly to their target market. Advertising for restaurants and food companies like Lurpak would also be an important part of the advertising mix. High quality food sellers and premium supermarkets would also be potential advertisers, especially through chef-fronted campaigns e.g. Heston Blumenthal. Classified ads will add an extra income stream to the magazine. Advertorial will also be an important revenue stream, especially for culinary courses or cooking equipment. Marketing to support the launch will consist mainly of internet advertising via paid-for Google ads and Adwords (targeting cooking technique search terms and specific recipes featured in the launch issue). Amateur Chef will also be advertised within other similarly-targeted titles owned by its publisher and in The Observer Food Monthly. With limited launch budget for a special-interest such as this, ambient advertising would be an effective way of generating press coverage of the launch and broadening brand recognition. The results of a survey to discover the most popular national cuisine and which nation has the best home chefs would sent to national papers and food magazines as PR, giving Amateur Chef national exposure. The results will also be tied to editorial in the launch Circulation strategy Production strategy Financial strategy Web strategy issue, giving the magazine impact on the newsstand with a recognised story. Amateur Chef will be positioned in the food section of the magazine stands, alongside the likes of delicious. The magazine will be focussed on the higher-end supermarkets (Waitrose and Booths) and WHSmiths. It will also be solved in kitchenware shops like Lakeland and John Lewis. There is potential to negotiate an exclusive distribution agreement with Waitrose & John Lewis, as their customers suit the reader demographic. Subscriptions will be publicised via on-page promotions and the Amateur Chef website. Amateur Chef will have a glossy cover of about 100gsm. The paper inside the cover will be 60gsm. The magazine will be perfect bound. In the first year, it is likely that Amateur Chef will make a loss. This is because there will be initial launch and marketing costs . Once the magazine becomes established as an important part of hobby cooking, it will become more financially profitable. There will be a higher yield for advertisements as companies realise the importance of reaching the hobby chefs who are most likely to buy their equipment. The magazine will also have formed a much stronger identity by this point and be more attractive to bigger name chefs. This will attract bigger interviews & skill features to feature on the cover, which will result in bigger sales. Australia is a potential market for Amateur Chef as it has a similar culinary culture. An example of how the website will work, including layout and a Get the Perfect… web exclusive, with video and audio slideshow, can be found here: http://jus.shef.ac.uk/magazines2012/jop11tb/ The website will be a crucial aspect of the Amateur Chef brand. Although US titles in a similar market position have popular websites, there is no British brand targeted at this market sector. The website will expand upon and tie into content in the magazine, ensuring traffic is driven to the physical and digital outlets. They will complement each other rather than cannibalising content from one to fill the other. QR codes next to recipes and technical features will guide readers to online videos giving further explanations. The iPad version of Amateur Chef will have video embedded within it, as well as linking to the products or restaurants reviewed in the magazine. There will be a ‘Recipe Book Builder’ where registered members can save recipes from the magazine’s digital Web Advertising Social Media, Smartphones and tablets Future growth formats to view later. Subscribers will receive additional, pay-walled content such as technical training videos and chef interviews that will drive up subscription rates and generate brand loyalty. Regular and guest blogs from personalities within food (including critics, chefs and TV personalities such as Greg Wallace) will add even more exclusive content to the site for the readers. The website will offer locally relevant content such as restaurant listings and reviews that can’t be fully realised in a national, paper magazine. The website will incorporate a forum for readers to interact and provide each other with information and advice, as well as speaking to staff and guest chefs/bloggers. Web advertisers would be similar to the print magazine; cookware, restaurants and food sellers, but with the capability to drill down to meet demographic and geographic information. Recipes, videos and forums increase dwell time and page views, and significantly reduce first-page-bounce rates. This makes web advertising more valuable, and increases potential revenues. Social media is a vital tool in encouraging brand identity and brand loyalty. Website content will be reposted through Facebook and Twitter to encourage clickthroughs. More than 40% of magazine website traffic now comes through Facebook. The Amateur Chef Facebook fan page will encourage readers to post their own recipes and food photos with the aim of developing viral connections back to the fan page, increasing brand awareness. Amateur Chef will have dedicated Instagram and Pinterest channels posting food photography, and steering readers towards the website. They will also encourage readers to send in and tag their own attempts at magazine recipes and techniques. Apps are a vital part of any food magazine, collating recipes and technical videos. Recipe book and recipe finder apps will help readers find recipe ideas from different foods and steer them towards the website. Apps will enhance brand awareness as well as generating further web traffic. As mentioned above, there will be a dedicated tablet version of the magazine, coupled with apps, which encourages the reader to use their iPad/tablet in place of a recipe book. Growth will be achieved the traditional way – by producing quality content that meets readers’ needs. Amateur Chef meets a niche, and by developing a relationship with readers it will encourage increasing subscriptions and increased sales. The more skills readers have the more interest they will have in purchasing the magazine, so sponsorship of culinary schools and advertorial that increases awareness of training centres will ensure that they maintain in interest in hobby cooking. Subscription offers and ‘refer-a-friend’ promotions will ensure a growing subscriber base, as will improving the quality and variety of subscriber-only and pay-walled online content.