Digital Magazine Strategy · Digital Magazine Strategy by Lindsay Goddard | 2015. Agenda...
Transcript of Digital Magazine Strategy · Digital Magazine Strategy by Lindsay Goddard | 2015. Agenda...
Digital Magazine Strategy
by Lindsay Goddard | 2015
Agenda
• Overview• Problem
• Solution
• What is All You?
• Competitive Set
• Recommendations• Content
• Enhancements
• Marketing
• Summary
Problem
All You’s popularity as a digital magazine is in jeopardy
• Users are not actively engaging with the digital magazine
• % of digital circulation is increasing slowly
• Revenue is coming in low
Solution
• Increase user engagement by expanding All You’s content and enhancing the magazine’s features
• Grow the subscriber base and drive brand awareness by promoting All You via digital partnerships, rewards programs, and a sweepstakes focused on digital subscriptions
What is All You?
• Content: *“ALL YOU provides women practical articles on taking care of themselves, fast ways to feed their family, clothes they can wear and afford, do-it-yourself home repair projects, relationship advice from real women, and easy-to-make decorating ideas.”
• Audience: **Budget-conscious women (nearly 50% are moms) generally between the ages of 25 - 55 with a median household income of $68,000.
• Digital Magazine: Digital % of circulation is increasing (slightly)
**http://www.adweek.com/news/press/women-s-budget-conscious-magazine-all-you-stepping-outside-walmart-155881
*From Magazine Publisher’s Statement, June 2013 and June 2014
June 2013 (6 mo) 0.2%
June 2014 (6 mo) 0.5%
*% of Total Paid and Verified Circulation
**http://www.timeinc.com/brands/all-you/
Competitive SetFAMILY CIRCLE FIRST FOR WOMEN
Advice on parenting challenges, ideas on family activities, DIY projects, and recipes. • Digital replica
WOMAN’S DAY
http://www.meredith.com/mediakit/familycircle/production/2013/
Info on health, nutrition, beauty, fitness, recipes• Digital replica (very poor quality)
https://itunes.apple.com/us/app/first-for-women/id735128286?mt=8
Covers topics such as “healthy recipes, relationship advice and DIY home decor ideas.”• Digital replica
http://www.womansday.com/
Recommendations
Target Younger| Powerful women theme | Philanthropy | Cross promotion
1
Formatting| Exclusive digital coupons| How-to guides supplement | Ecommerce capabilities| Social media stream | Cover advertising
2
3 Location check-in apps | Partnership with rewards cards | Valentine’s Bakeoff sweepstakes
Content
Enhancements
Marketing
Engagement
RevenueReach
Content > Voice > Target younger1A2009 FORBES COVERS
2014 FORBES COVERS
FEATURED WOMEN FROM ALL YOU’S DIGITAL MAGAZINE
COSMOPOLITAN – SAMPLE OF CONTENT
Content themed around “making it in the working world” or “cocktails of the month” are just a couple of ways All You can reach the slightly younger segment
Content > Voice > Powerful women1B
Enhance All You’s fresh woman perspective by including more about “powerful women” who push the boundaries and successfully maintain a healthy balance between work and life
• Gets readers to feel inspired and empowered
• Instead of “These are good stay at home jobs,” make it “Here’s how to rise to the top.”
• Example: *Verily magazine – “Our mission is to empower and inspire women to be the best versions of themselves.”
FORBES POWERFUL WOMEN COVERS
*http://townhall.com/columnists/gabriellahoffman/2013/07/12/new-fashion-magazine-encourages-womens-empowerment-n1639162/page/full
COSMOPOLITAN “FEARLESS FEMALE” THEME
MY HERO (FROM ALL YOU)
Further expand this theme of
inspirational women
Content > Voice > Philanthropy1C
Readers want to hear about things being done for the greater good of humanity
Suggestion: Include more articles of people doing activities or projects for the greater good.
FORBES PHILANTHROPY ISSUES: 2013, 2014
Content > Voice > Cross promotion1D
Integrating content from outside sources would make All You “the go-to hub” in their space
• Example: The New York Times Motherlodenewsletter includes link backs to sources other than just The Times.
Suggestions:• Cooking Light recipe inserts• Money saving tips from Fortune
NYT’s MOTHERLODE NEWSLETTER
*http://www.nytimes.com/pages/style/motherlode-email/index.html?pgtype=subscriptionspage&version=lifestyle&contentId=ML&eventName=sample
http://www.nytimes.com/pages/style/motherlode-email/index.html?pgtype=subscriptionspage&version=lifestyle&contentId=ML&eventName=sample
Enhancements > Formatting2A
“Scan the top photo to buy the products on this page”
COSMOPOLITAN - DIGITAL EDITION
• Easier-to-navigate content more strongly engages readers
• Revising the digital magazine’s formatting can transition it into a useful everyday tool
A PAGE FROM ALL YOU’S DIGITAL MAGAZINE
Some elements are print specific (can lead to confusion)
A PAGE FROM ALL YOU’S DIGITAL MAGAZINE
Enhancements > Exclusive digital coupons section2B“THE MONTHLY CLIP”
Including content exclusive to the digital magazine incentivizes people to subscribe and stay subscribed• Include a section of coupons or a downloadable
supplement that can be used anywhere (i.e., expansion of All You’s online grocery deal finder)• Links to your rewards program at Wal-Mart
for example• Just tap the code in your magazine at
checkout and it automatically applies those coupons to your purchase
http://www.allyou.com/printable-coupons
Enhancements > How-to guide supplement2C
http://betterbook.inkling.com/book/ready-set-baby
WIRED DIGITAL ISSUES
INTERACTIVE HOW-TO GUIDE FROM OPEN AIR PUBLISHING/INKLING
Offering useful, interactive how-to guides (much smaller than the issue), serves as an enticing bonus incentive for subscribing
http://mashable.com/2011/08/25/open-air-publishing/
Enhancements > Ecommerce capabilities2D
*http://techcrunch.com/2015/01/09/native-commerce-platform-okanjo-raises-1-7-million/
“The ShopAdvisor” does not allow for direct purchases• Use a third party service (e.g., Okanjo)
• Example: Clicking the photo of the Red Sox player brings up products related to the photo with the ability to purchase them directly
*OKANJO VIA AN ONLINE ARTICLE
THE SHOPADVISOR
Enhancements > Cover advertising2E
Offering advertising placement on the cover will help offset the costs of potential product enhancements
http://www.mequoda.com/articles/digital-magazine-publishing/5-digital-magazine-advertising-strategies-at-bonnier/
POPULAR SCIENCE – COVER ADVERTISING
Enhancements > Social media2F
Introducing social media options is an effortless way to generate more buzz.
COSMOPOLITAN – SOCIAL MEDIA
FORBES – SOCIAL MEDIA “STREAM”
Marketing > Location check-in apps3A*LEVELUP
* LevelUp is a mobile payment and rewards program: https://www.thelevelup.com/
FOURSQUARE
LevelUp promotion- First issue of digital subscription is free when you complete the “All You Wal-Mart Challenge” or after you spend a certain amount
Foursquare promotion -First issue of digital subscription is free when you check in at Wal-Mart
Earn $ based on what you spend and challenges you complete
Marketing > Partnership with rewards cards3B
First issue of digital subscription is free when you earn a certain number of points at a participating rewards program
WALGREENS/DUANE READE WAL-MART KROGER
Marketing > Valentine’s Bakeoff sweepstakes3D
Creating a sweepstakes online that specifically promotes the digital magazine can drive more sign ups• Readers upload an image of a valentine’s day good
they baked along with their recipe and people vote for which one they think is best
• Reward for participating is the first 2 issues free to a subscription of the digital magazine.
*Results expected to be similar to that of Real SimpleEaster Egg sweepstakes
Summary• Expanding the content of All You via relevant
consumer themes and experimenting with new inclusions of content will grow the audience and improve user engagement.
• Rethinking the digital magazine’s functionality will improve user engagement
• Marketing via location check-in apps and rewards programs serve as new channels for growing the subscriber base and brand awareness
• Marketing via a unique contest such as the Valentine’s Day Bakeoff sweepstakes helps drive brand awareness
Content
Enhancements
Marketing
Marketing