20
TIME WELL SPENT By Huanhuan Xu SID: 30933463 The Magazine Publishing Industry’s Online Niche Deena Ingham and Alexis Weedon

Week 10 presentation--Time Well Spent

Embed Size (px)

Citation preview

Page 1: Week 10 presentation--Time Well Spent

TIME WELL SPENT

By Huanhuan Xu SID: 30933463

The Magazine Publishing Industry’s Online Niche 

Deena Ingham and Alexis Weedon

Page 2: Week 10 presentation--Time Well Spent

DEENA INGHAM

Senior Lecturer in Journalism at University of Bedfordshire, UK

In academic terms, her focus is on journalism teaching and also continuing the interest in developments within online magazines which she began examining when a Masters student.

Source: http://www.beds.ac.uk/departments/jc/staff/deena­ingham 

Page 3: Week 10 presentation--Time Well Spent

ALEXIS WEEDON

Director of the Research Institute for Media Art and Design and Professor of Publishing Studies at University of Bedfordshire

Speciality in quantitative analysis techniques and contemporary developments in publishing and the new media

Source: http://www.beds.ac.uk/research/rimad/people/alexis­weedon 

Page 4: Week 10 presentation--Time Well Spent

PUBLIC DOMAIN RESEARCH AOP (the UK Association of Online Publisher)

Scholarly journalism & online newspaper

Women’s print magazine

Few studies of online business magazine have been conducted for academic purpose

Page 5: Week 10 presentation--Time Well Spent

GROUP LEISURE 

Number one magazine for group travel organisers in UK

Established in March 1995 and published by Yandell Media Group

Full colour A4 format

Subscriptions based monthly magazine

Annual subscription fee: £45 (£3.75/copy)

Main source of revenue: advertising

Printed magazine

Page 6: Week 10 presentation--Time Well Spent

GROUP LEISURE 

Went live on 1 September 2003 News, longer version articles Updated daily, Picture gallery, reader contribution options, online shopping Fee registration (name & address) Reader Club (online & paper readers) Online shopping

“Prior to the launch of the online magazine Yandell Media Group relied on their own knowledge of the market and its needs rather than commissioning research”

http://www.groupleisure.com/home/ 

Online magazine

Page 7: Week 10 presentation--Time Well Spent

THE RECENT DEVELOPMENTS

 

http://twitter.com/GroupLeisureMag 

 

Page 8: Week 10 presentation--Time Well Spent

THE RECENT DEVELOPMENTS

 

http://www.yandellmedia.com/online_magazines/gl_online.html   

Page 9: Week 10 presentation--Time Well Spent

GROUP LEISURE 

Monthly circulation: 12,000 (Apr. 2004)

Monthly circulation: 10,500 (Oct. 2004)

Monthly circulation: 20,000 (August. 2008)

http://www.pressgazette.co.uk/story.asp?storyCode=25641&sectioncode=1 

http://www.premiertourismmarketing.com/press_room/LGT_Market_Coverage.html 

Printed magazine Online magazine

Page impressions: 165,219 (Feb. 2004)

Page impressions:231,388 (Feb. 2005)

Page impressions:336,381 (Jun. 2006)

“The online magazine can clearly be seen to have developed a life of its own”

Page 10: Week 10 presentation--Time Well Spent

THE TARGET READERS Organizers: who subscribe to the magazine in order to secure

the necessary information to enable them to fulfil their roles as organizers of activity events

Suppliers: individuals responsible within commercial companies who operate events and packages for the organizers and their group

Page 11: Week 10 presentation--Time Well Spent

READERS’ CONTRIBUTION

Controlled by readers Reader contribution

options 24/7 Encourage participation

Printed magazine Online magazine

Controlled by editors email Monthly Cost involved

Page 12: Week 10 presentation--Time Well Spent

GROUP LEISURE 

High running cost High production cost Extra distribution cost Geographical restriction High income High risk (investment)

Low running cost Low production Free Worldwide access Low income Low risk Access to a wider 

readership in a niche market

Printed magazine Online magazine

Page 13: Week 10 presentation--Time Well Spent

CASE STUDY OF GROUP LEISURE  To compare the readership between a niche business

magazine Group Leisure’s print version and online version, and analyse the usage based on age, gender and occupation.

The aim of this article is to study the online and print readers’ reading behaviour/browsing behaviour and their perceptions in terms of spending and saving time on the magazine.

Page 14: Week 10 presentation--Time Well Spent

METHOD

In-depth July 2005 To examine the readership habits

of 10 organizers and to study what, where and how they read Group Leisure magazine, online and in print

Only readers who chose to read the magazine rather than read it as part of their work were qualified

questionnaire

Survey 1 Survey 2

quantitative May 2005 A correlation between online and

printed readership and gender A correlation between online and

printed access and age To examine readers’ motivations

and preferences To find out how readers used the

magazines and responded to the signposting of articles and advertising in both formats

Respondents were from Group Leisure’s databases (randomly selected)

1,310 questionnaires (organizers & Suppliers)

The response rate: 12.5%

Page 15: Week 10 presentation--Time Well Spent

FINDINGS – SURVEY 1

1. Reading for different purposes Organizers read the magazine by choice in whatever format for ideas, factual content and

inspiration Suppliers read it as a work tool through which they can monitor competition, evaluate

campaigns and study trends

2. Suppliers prefer reading the online magazine at work 88% of suppliers read the online version at work while only 40% of organizers access the online

magazine at work

3. The printed magazine was read at home and the online version was most commonly read at work

4. The printed magazine is more preferred formato 79% of suppliers and 65% of organizers listed the printed magazine as their most visit format

respectively

5. Few suppliers (4%) preferred the online advertising format6. Women of all ages are more likely to access the online format

and almost all order organizers accessed the online version 100% of 65+ age groups were online user, which disproved Yandell’s hypothesis that the older

organizers were less web-orientated

Page 16: Week 10 presentation--Time Well Spent

FINDINGS – SURVEY 2

1. The speed and direct delivery of the required information are key to the online magazine’s popularity

o The online search facility was a reason to access the online magazine (50%), and the rapid access to information led them to long on to read the magazine (40%)

2. The online magazine did not save organizers time (50%) (physically)

“It actually physically takes longer to go in on-line and wait for every feature or page to appear than flicking through a paper magazine”

3. Readers were more likely to be sidetracked and they did not regard the online magazine as time saver (technically)

A search facility yields a series of articles on a given topic, each one of which could lead in a different direct and at the end of a session they found they has become distracted from their original path.

4. The printed magazine is more preferred format for ideaso 60% of respondents sought ideas in the printed magazineo Online pages and links provided diversions and distractions while providing potential

useful information.

Page 17: Week 10 presentation--Time Well Spent

CRITICAL POINTS  Online content does not replicate the content of the printed version

The increased extent of the online magazine adds to the time spent reading online

Reference pages were perceived as an enhancement of the time spent online

The news sections and “The Diary” received the most visitors, and Reader Club online was shown to be a visiting point

Lack of access (10%) and a dislike of reading articles online (10%) were cited as the main reasons for not using the online format

Page 18: Week 10 presentation--Time Well Spent

CRITICAL POINTS (CONTINUED)  The online magazine challenged pre-existing readership patterns and

habits. Readers had to invest time to master the new format

Online advertising is growing in both results and popularity, but it has not developed rapidly

Some companies might have difficulties to handle internet enquiries, so they are reluctant to implement the online advertising format

The response rate to online advertisements would increase if advertising were to increase online

Page 19: Week 10 presentation--Time Well Spent

CONCLUSION  Reading the online magazine might not save time all the time,

as a wider, deeper, better search takes longer

Readers can choose whether to spend time and how much time they want to spend on reading online information, but spending time will lead to an improved and more highly valued selection when their decision is finally made

Accessing the online magazine increases the value of the time spent with the magazine

Page 20: Week 10 presentation--Time Well Spent

REFERENCENance. K., (2008) , ‘The Grim Reader ‘, Poets & Writers, 36 (2),  6­10

Premier Tourism Marketing, (2008), ‘About Leisure Group Travel’, retrieved 7 October, 2009, from http://www.premiertourismmarketing.com/press_room/LGT_Market_Coverage.html 

University of Bedfordshire, (2009), Profile Deena Ingham, Retrieved: 7 October, 2009, from http://www.beds.ac.uk/departments/jc/staff/deena­ingham 

University of Bedfordshire, (2009), Profile  profess Alexis Weedon,  Retrieved: 7 October, 2009, from http://www.beds.ac.uk/research/rimad/people/alexis­weedon 

Scott, K., (1997), “Web of Confusion’, American Journalism Review, 19(6)

http://twitter.com/GroupLeisureMag 

http://www.groupleisure.com/home/ 

http://www.yandellmedia.com/online_magazines/gl_online.html 

http://www.pressgazette.co.uk/story.asp?storyCode=25641&sectioncode=1