Cream

News

Follow Us

Archive for February, 2012

  • Feb
  • 23

Magazine ABCs: Slow Decline of Women’s Sector Continues

The top 50 actively purchased magazines are down collectively by more than 400,000 copies or 2.5% compared to six months ago. Moreover, it’s not just a few dragging circulation down, 33 of the magazines recorded declines.

Womens_Monthly_Magazines_ABCs_H2_2011

There have been some launches, and it would seem that slimming is winning. Women’s Health has had its debut in the UK, after a very successful career as the sister title of Men’s Health across the globe and even Cosmo has launched yet another spin off on top of Cosmo on Campus – Cosmo Body.

Glamour retains its crown as highest circulating paid-for women’s monthly despite a decrease of nearly 7%. However, free title John Lewis Edition, published by John Brown, has overtaken it at the top of the Women’s Lifestyle sector overall, after it enjoyed a small 2.2% increase on the first half of 2011.  Rival title Cosmopolitan was not so lucky and its decline of nearly 6% meant dropping below Woman and Home. 

Good Housekeeping held its own and yet again led the way for the 35+ category, which on the whole reported a positive story. Red remained flat, whilst Prima boasted an increase of nearly 5%. Woman and Home had a small decline year on year but was up nearly 3% period on period.

Woman & Home magazine have been investing a lot more into their fashion offering. Women of a certain age (or middle youth as they are known in this industry) want a little bit more than the best recipe for apple pie or the most efficient food processor on the market. Long gone are the days of frumpy housewives in aprons who do not care about their appearance. If consumers are truly cutting down on the number of magazines they are willing to purchase, then they need to know that the one they are buying is giving them a bit more than the others.

Among the strugglers were More!, posting their third successive decrease (down 19 per cent to 152,571) and Psychologies Magazine (down 13 per cent to 104,491). Easy Living also had a hefty fall. The magazine and sister website have both received a much needed revamp in the last month under new editor Deborah Joseph.

Company magazine has also recently seen a revamp, in line with its spin off title, Company HS Edit. It is too early to tell whether this new look will be enough to stem the declining figures. The title has done a lot of research into their readers and what the market is truly hankering for. It is true, that any title aimed at the under 25s has suddenly taken on the appearance of a swanky street style blog. It’s very ‘too cool for school’, but perhaps Company have got it spot on. Is this what girls want? Time will tell. Nevertheless, they have done well to establish themselves as a very separate title (no longer Cosmopolitan’s little sister) by firmly marking their territory and going after a very specific audience.

Womens_Monthly_Magazines_ABCs_H2_2011_Chart2

The women’s weekly magazines sector was hit by a 9.6 per cent print circulation drop overall in the second half of 2011, but Take a Break remains the top-selling women’s title in the UK after a 5.1 per cent fall to 791,001 copies a week – according to ABC.  IPC Media’s Now saw the biggest fall in sales, down 22.5 per cent year on year to 262,275, while Love It! was down 17.5 per cent to 200,027, and Pick Me Up dropped 17.6 per cent to 249,347 and Woman’s Own fell 7.6 per cent to 240,347.  Only four titles in our analysis posted PoP increases -Closer, Women’s Weekly, That’s Life and Full House. All of the women’s weekly magazines recorded YoY declines.

Bauer’s Heat had a better performance than the first six months of 2011, when its circulation fell 21.7 per cent. In the second half of the year sales fell by just 12.1 per cent to 325,370. Is the hunger for gossip going away, or is it being consumed in other forms? The success of The Mail Online, and it’s celebrity packed content would suggest the latter.

Weekly fashion titles such as Look and Grazia have been making an effort to come up with something new and exciting. Not satisfied with the work load of creating a weekly magazine, they have set the challenge of producing a monthly in a week. The perfect bound issues of Grazia seem to be the current buzz in the market, even ES magazine have jumped on the uber fashion special issue. Look is soon to follow suit with its own perfect bound edition. This is a great move as it encourages a lot more fashion advertisers to consider them. A perfect bound issue looks expensive, it feels high end, it allows readers to get excited again.

The fashion weeklies in particular are under a lot of pressure to be all things for all women. As the supplements are battling over the title of best style guide, paid for titles like Grazia and Look have to fight harder to keep up. When consumers are picking up free supplements such as ES Magazine and Stylist, it makes them think twice about paying for something that doesn’t necessarily offer them much more. In tough recession times, consumers are less likely to be as promiscuous with their titles of choice.

Womens_Weekly_Magazines_ABCs_H2_2011_Chart2

Share and Enjoy:
  • Twitter
  • LinkedIn
  • Facebook
  • Google Bookmarks
  • Tumblr
  • email
  • Print

By: Carrie Millard

  • Feb
  • 23

Magazine ABCs: Men’s Mags Circulation Slide Continues

The Men’s Lifestyle sector ABCs for July to December 2011 show a 2.5% decrease overall on this time last year (YoY)  but a 4.9% increase on the first half of 2011 (PoP).

The free titles – Shortlist and Sport – remain in poll position ahead of paid-for titles Men’s Health and FHM. However, Men’s Health enjoyed an increase in sales PoP, as did GQ, Nuts,  Zoo, Wired and a number of other titles.

However, it is a bleak picture for some men’s brands, with FHM, Men’s Fitness and Esquire all posting both YoY and PoP declines.

Mens_Magazines_ABCs_H2_2011_Chart1

How long before some of these titles get put out of their misery? Take the free distribution out of the equation and the sector is down 12% and gathering downward momentum.

FHM’s glory days seem a long time ago, as it continues to head towards the 100,000 mark, with a whopping 21% decrease year on  year.

IPC offloaded Loaded (which saw another 30% wiped off its circulation last year) and may soon feel that Nuts might have to go the same way.

The area that seemed to be of growing interest to the male magazine buying population, health, has surprisingly gone backwards this time around, with the 2 leading titles losing more than 10% of their sales year on year.

Men have not lost interest in the content provided by this sector, it would just appear that they are “getting it elsewhere”!

In total, 72 magazine brands have reported average circulation figures for their digital editions, more than quadrupling from the last reporting period, when just 16 reported.

ABC rules mean that the digital edition of a magazine – downloaded to tablets or smartphones through Apple’s app store and the Zinio platform – must have less than 5% editorial difference to the printed edition of the magazine.

Natmag Rodale’s Men’s Health title is the leading digital title, according to the ABC rules, registering 7,779 paid-for downloads in the six month period to the end of December, compared to 1,746 in the previous six-month period. The Men’s Health print title reported an average print circulation of 218,368 in the period, indicating that it is still early days for digital offshoots of magazines.

Future’s T3 gadget title came in second, reporting 7,327 downloads in the period. However, this figure only includes Zinio downloads as Future’s interactive iPad edition is not included. Future claims that an independent audit records 14,223 dowloads of the interactive iPad edition in the same period. Its interactive edition – audited by independent auditors Bright Graeme Murray – is not similar enough to the magazine to be registered with ABC.

Downloading and subscribing to digital editions of magazines has become easier for customers following the launch of Apple’s Newsstand – which groups digital magazines and newspapers in one place – in October last year.

Mens_Magazines_ABCs_H2_2011_Chart2

Share and Enjoy:
  • Twitter
  • LinkedIn
  • Facebook
  • Google Bookmarks
  • Tumblr
  • email
  • Print

By: Carrie Millard

  • Feb
  • 23

Magazine ABCs: Home Interest Sector ‘Rosy and Blooming’

It seems the population’s interest in DIY and garden tending is not waning. The trend for people to stay in their properties and improve rather than moving on is continuing. This has therefore kept the home interest sector as a whole rosy and blooming.

Overall, the Home Interest market is up 5.2% on last year (YoY) and 2.2% on the first half of 2011 (PoP) but there are loses for some of the key titles.

Home_Interest_Mags_ABCs_H2_2011

The newly formed Hearst Magazines UK have started their year badly with House Beautiful, Country Living and Coast magazines all experiencing a decrease in both YoY and PoP results. House Beautiful in particular had a shocking time with the latest ABC release, a circulation of 132,962, down a dramatic 19.5% year on year and 7.1% on the half year.

IPC will have cause for many a celebration after their new launch in May 2011, Style at Home, achieved a 36.6% PoP increase. Style at Home, a £1.99 monthly, was piloted for three months from February 2011 to target women who take a budget approach to home renovating, before its formal launch. Its circulation in the second half of 2011 was 71,806, up from 52,576 in the first half of 2011. It is nipping at the heels of Kelsey Publishing’s GoodHomes, which reported the highest year on year rise in circulation in the homes sector. GoodHomes had a monthly circulation of 76,113 copies in the last six months of 2011, up 26% YoY and up 3.6% PoP.

IPC’s Country Homes & Interiors reported the second highest YoY increase in circulation up 7.8% to 97,286 copies and was also up 5.1% PoP. To continue with their celebrations the IPC title Ideal Home overtook Country Living to take the lead in the Home Interest sector, even though both titles posted YoY and PoP declines. IPC Media now firmly dominate the women’s home interest sector with its portfolio recording a 45% share of the market in the final six months of 2011.

It seems that the two ends of the market are performing the strongest with budget titles Style at Home and Good Homes growing rapidly and the luxury end of the market performing well too. Elle Decoration had an average monthly circulation of 70,376 copies in the second half of 2011, up 2.7% year on year and flat against the previous period. House & Garden, the Condé Nast magazine, had an average monthly circulation of 127,311 copies keeping it flat both YoY and PoP.

Share and Enjoy:
  • Twitter
  • LinkedIn
  • Facebook
  • Google Bookmarks
  • Tumblr
  • email
  • Print

By: Lucy Jennings

  • Feb
  • 7

5 Myths About Marketing to Affluents Online

5_Myths_about_Marketing_to_Affluents_OnlineLast week, we came across an interesting piece of research regarding affluents and digital media we thought we should share. 

It was conducted last year by Ipsos Mendolsohn in association with the Interactive Advertising Bureau and concerned the use of and attitudes towards digital media by affluent consumers. In this case, ‘affluents’ were defined as those with household incomes over $100,000 (the top 20% of earners).  And although the study was conducted exclusively in the US, we believe thay many parallels would be found amongst UK affluents.

The findings concurred with our own experience but conflicted with many of the myths that circulate about affluent consumers, namely: 

1. Affluent Consumers are More Difficult to Reach than their Less Affluent Counterparts

 This is certainly true of traditional media channels such as TV and radio – in both cases the research found that affluents spent just half of the time consuming TV and radio content than the general US population did – but not of digital media, where it was found that affluent consumers were easier to reach. 

The reasons? They’re more likely to use the internet (98% vs. 79% of the general US population), spend more time online (26.2 hrs per week vs 21.7 hrs per week) and are more likely to own digital devices such as smartphones and tablets when compared to the general population. 

In fact, 79% of them agreed that their lives had become ‘intertwined with technology’.

 2. Affluents Don’t Like Online Advertising 

In fact, affluents were more likely to understand and support (57% vs. 53%) the ad-funded content model than the rest of the US population, realising that publishers needed advertising to support their online activities. 

3. They’re Too Busy to Consume Advertising 

Not true, at least according to this research.  88% had recalled seeing a digital ad compared to 85% of the general US population. And the number of ads they recalled seeing was higher too – 21 in 7 days vs. 20 for the general population. And because of the higher penetration of smartphones, they were more likely to have been exposed to mobile advertising (42% vs. 39% for the general population). 

4. They May See Online Advertising, But They’re Not as Likely to Respond to It 

Wrong again.  Affluents were more likely to become a fan on a social networking site after seeing online advertising, more likely to make purchases (both online and offline) and more likely to share information via email, Twitter or Facebook etc. 

5. Affluents are Less Likely to Share Information About Themselves Online

In fact, the research found US affluents were happier to share information about themselves (32% vs 26% of the general US population) in order to get a better customized online experience. 

In the UK too, affluent consumers are more likely to be online, will spend more of their time online and will access the internet via a wider range of digital devices than their less affluent counterparts. Given this, the reticence of premium and luxury brands to engage deeply in digital channels becomes all the more puzzling. 

In truth, they should be innovating at the sharp end of digital media and many of the successful brands, such as Burberry, are doing exactly that.

Share and Enjoy:
  • Twitter
  • LinkedIn
  • Facebook
  • Google Bookmarks
  • Tumblr
  • email
  • Print

By: Graham Painter

  • Feb
  • 7

How Digitally Competent are Europe’s Niche Fashion Brands?

Digital_IQ_Index_European_Niche_Fashion‘While digital continues to dominate, many of Europe’s niche fashion brands remain absent online.’

That’s the rather damning verdict of Professor Scott Galloway and his team at L2, a thinktank for digital innovation based at NYU Stern, after they turned their Digital IQ lens on to the world of niche fashion in Europe.

Digital IQ is a weighted scoring system to assess the digital competence of luxury brands. Brands are rated in 4 categories – their site (40% of the final IQ rating), their digital marketing (search, display and email marketing, 30% of the rating) and their social media (15%) and mobile marketing efforts (15%).

Brands are then ranked into 5 categories based on their IQ score – from Genius (140+) and Gifted (110-139) to Challenged (70-89) and Feeble (<70).

The reason for Galloway’s damning verdict on the sector?  Well, no brand was able to claim ‘Genius’ status and only 10 of the 46 analysed were rated as ‘Gifted’. By contrast, 32 were rated as either ‘Challenged’ or ‘Feeble’.

Most niche fashion brands were found to underperform on a range of metrics:

- 1/3 were still not selling online.

- less than 1/2 were participating in paid search, with only 43% purchasing their own brand terms on Google.

- their adoption of the 3 big social media platforms lagged well behind the global fashion players and even those that had adopted them often had rudimentary presences. For example, only 23% of the Facebook pages had a custom landing page.

- only 1/3 offered any sort of mobile experience, with 18% of brands in the sample having a mobile site and 17% offering an application. Even for those that did have mobile sites, less than 30% offered a m-commerce option or a store locator.

But it wasn’t all doom and gloom.

Both Vivienne Westwood and Superdry were praised for their Facebook presences – with Superdry in particular held up as a shining example of what can be achieved with regionally focused pages. In addition, both Aubade and Lancel were praised for achieving both significant followings and high levels of engagement on Facebook.

Stella McCartney were commended for their successful twitter persona with close to 200,000 followers (as at October 2011 – well ahead of their nearest rival JP Gaultier at 18,000) and for their interactive iPad app.

And the crown for most gifted niche fashion brand was scooped by Agent Provocateur, which won praise for the quality of their site experience, particularly their personalisation options, their social media integration across channels and the quality and popularity of their YouTube channel. In addition, Agent Provocateur was one of only 2 brands in the sample to offer both a mobile site and an application.

Galloway’s contention is that Digital IQ directly relates to shareholder value, and hence luxury brands that fail to embrace it are doing their shareholders a disservice. Given that the consumers of luxury are more likely to consume digital media, and are more likely to consume that media via a range of channels including mobile, he’s got a point.

Digital innovation is one area where the niche brands can genuinely compete with the global fashion players, unlike traditional media where the winner will always be the brand with the deepest pockets. And examples from the US such as Kate Spade, Tory Burch and Oscar de la Renta show that it can be done. European niche fashion brands need to grasp the digital ‘nettle’ if they’re going to thrive in the competitive world of 21st century fashion.

To download the Digital IQ Index for European Niche Fashion, click here.

Share and Enjoy:
  • Twitter
  • LinkedIn
  • Facebook
  • Google Bookmarks
  • Tumblr
  • email
  • Print

By: Graham Painter