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  • Feb
  • 28

Men’s Magazines – Publishers Fail to Stem the Decline

Unfortunately this round of ABC releases has brought no cheer to the mens’ magazine market with total circulation down 4% compared with last years’ results. 

Lacklustre results for traditional “lads’ mags” FHM and Loaded continue from last season’s poor ABCs with hefty double digit declines for both titles.  It seems that the desire for magazines of this ilk has waned as  Zoo and Nuts also posted a miserable set of results. As we know, digital media is increasingly taking up more leisure time with youth audiences so it is no surprise that this is where they feel it is more relevant to get their information and interact with their peers.

Publications targeting a more discerning and slightly older male audience, such as GQ, Esquire and Men’s Health, have, on the face of it, weathered the past six months fairly well with most “total circulations” holding steady and some posting slight increases. However, this figure hides the true number of actively purchased copies which across the board is down, except for Conde Nast’s Wired.

Publishers haven’t given up on the men’s sector, though. Lads mags such as Zoo have been focusing on offering more diverse content – less sex and more entertainment, sport and gadgets to make it a more ‘respectable’ read for their 20’s male target.

And Bauer has also piloted GAZ7ETTA – a titled aimed at the more sophisticated ‘4D man’ their research identified.  The Autumn 2010  pilot will probably be followed by another edition in the Spring before a decision is made as to whether to produce it as a regular standalone title.

The next 12 months will show us whether the men’s lifestyle sector is in permenant decline or whether these publications can re-invent themselves for a 21st century audience.

Mens_Magazines_ABCs

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By: Shifra Cook

  • Oct
  • 21

Luxury eBusiness Forum 2009

Earlier this month I attended Walpole’s Luxury eBusiness Forum. It was a most informative and interesting morning with impressive speakers from an array of high profile companies ranging from brands and media owners to software and design companies including Brand Alley, Google and luxury travel company, Abercrombie & Kent.

I think what really made this conference a morning well spent was the detailed and practical advice given as to how luxury brands can best harness their eCommerce capabilities. In addition to this there was much debate on the relevance of social networking within the luxury brand arena. Not necessarily advocating that brands advertise on Facebook but just that ‘conversations’ about luxury brands are taking place on line and that rather than luxury brands putting their head in the sand and ignoring these discussions a more confident and worthwhile approach would be to listen to and engage with these people.

Christine Downton, Global Communications Manager of Jaguar shared her brands’ efforts in just this arena. Whereby key enthusiasts of the Jaguar brand were identified online and these people were then taken on a tour of the Jaguar factory. In turn these enthusiasts went out and spread the word about Jaguar’s new product line to the wider online community.

An additional point of interest is how Jaguar created privilege access to certain areas of their website, thereby giving VIPs and brand ambassadors a more intimate and special brand experience.

From my perspective there were lots of interesting digital marketing communication opportunities discussed and debated; primarily not traditional media space related. This kind of understanding can only improve our ability at Cream to create cohesive and hard working digital media strategies for clients. 

If you are interested in further commentary and insights from the conference, including speaker presentations, please contact me Shifra@creamuk.com

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By: Shifra Cook

  • Sep
  • 2

A New Digital Escalator Format – the Mega DEP

The Mega DEP
The Mega DEP

A new Digital Escalator format has been launched; the Mega DEP. The Mega DEP combines a full loop of ads on the digital escalator panels with vinyl wraps in between the screens to provide a domination effect. This is available at Waterloo and Oxford Circus underground stations.

 In general, Digital Out Of Home revenue continues to increase, sitting at £16.9m for the first quarter; a 29% increase on the same period in 2008. Advertisers are being very particular about how they use digital with commuter times being in high demand.

However, despite CBS Outdoor’s investment in Cross track Projections (XTP) this format has proved slow to sell.

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By: Shifra Cook

  • Sep
  • 2

Outdoor Owners Cull Unprofitable Sites

Tough trading conditions generally have meant that media owners are re-evaluating their portfolio of products and are looking to dispense with un-profitable environments – this has led to a cull on site types across all contractors.

According to figures from the Outdoor Advertising Association (OAA) gross revenue for the first quarter of 2009 was down 19.3% period on period, to £178.4m.

 There are expectations of an improvement in the market for Q2 vs Q1 (Q2 data yet to be released) with a market estimate of -15%. 

The 6 sheet market is currently holding up in face of media industry pressure with JC Decaux seeing the smallest fall in revenue (-11.9%) of all the main OOH media owners in Q1. 

The large format market is challenging with the premium end of the market suffering the most significant fall in revenues. Titan Outdor sold its entire billboard estate to fellow media owner, Primesight. The agreement, which encompasses 7,900 x 48s and 700 x 96s, will virtually double Primesight’s portfolio.

However, both JCDecaux and Clear Channel Outdoor are continuing their premium development through the launch of new large-format portrait tower structures. Clear Channel has introduced the newest structure on the Hammersmith flyover, and JCDecaux has introduced new sites on the M3 (targeting those travelling to and from Hampshire) and the A40 (located on the slip road to Westfield.)

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By: Shifra Cook

  • Sep
  • 1

Piracy Could Impact Cinema Growth

Cinema attendances were up 14.5% in the first half of 2009 compared to 2008, which was itself a good year. Ticket sales for the first half of 2009 rocketed to 83.4 million, thanks to the success of a number of blockbuster films such as Star Trek and Watchmen, as well as popular domestic films such as Slumdog Millionaire.

However, there are worrying reports from internet service providers, of a big leap in illegal film downloading, with pirated copies of first run films spreading within hours of their premieres and there are worries that cinema’s renaissance is about to turn sour.

In recessions, consumers cut back on pricier forms of entertainment in favour of going to the cinema. Coupled with the fact that when times are dreary, entertainment and escapism are crucial and a visit to the cinema is a modest treat.

In June alone, 12.5 million cinema tickets were sold across the UK, an increase of more than 5 per cent year on year. And cinemas anticipate that these figures will continue to rise for the second half of 2009, with James Cameron’s 3D film Avatar released in December, and into 2010 with hotly anticipated films such as Shutter Island, which brings together the talents of Martin Scorsese and Leonardo DiCaprio.

In terms of advertising revenues, cinema is holding up better than other media. For the seven months, January to July 2009, advertising spend declined by only 3.8% for cinema. This compares against an overall ad spend decline of 16.2% for the same period, led by outdoor with a drop of 21%, TV with 16.2% and press with 17.8%.

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By: Shifra Cook