Are print magazines lumbering dinosaurs about to be overwhelmed by the Internet tsunami before they can reach the safety of the ark? Not according to leaders of some of the largest magazine groups in America, who joined forces to organize an advertising campaign titled “Magazines: the Power of Print.”
Here are a few of the facts they presented:
* Magazine readership has grown over the last five years, with paid subscriptions reaching nearly 300 million in 2009.
* Four out of five adults read magazines and the average reader spends 43 minutes reading each issue.
* Since Facebook was founded, magazines gained more than one million young adult readers and magazine readership in the 18-34 year group is growing.
It appears that print magazines are not only not on the endangered species list, but are actually flourishing. Will the Internet eventually kill magazines? Probably not. Magazine experts point out that people find room in their lives for new experiences alongside the ones they already love. But in order to continue to thrive magazines must provide value to the subscriber. It’s no longer possible to take the subscriber for granted. And, many magazine publishers have found they can harness the opportunities offered by the Internet to add value to the print publication. In fact, some large publishers are now putting people with primarily digital experience in key positions in the company.
Those of us who have been involved in the print medium for many years may be tempted to see the Internet as competition, while those who grew up with the Internet may be tempted to see print as a dying medium. Yet, magazines that harness the best opportunities offered by both will enjoy more success and be able to offer more value to their constituency.
For a very interesting short video about the “Magazines: The Power of Print” campaign, check this link: http://powerofmagazines.com/