brian - unit 13 lo4 - charm pitch
TRANSCRIPT
CHARM VS. MOJOBattle of the Mags
• Articles, Reviews, Interviews & Exclusives• Contemporary Artists (i.e. Rising YouTube Stars)
• Legendary Artists from Classic Era
TARGET READERSHIPAudience Demographics & Hartley’s Subjectivities
• Intelligent Individuals• ABC1 Demographic
• Younger Bracket (16-25 years old) (Explorers)• Older Bracket (40+ years old) (Resigned)
WHY ‘CHARM’?Behind the Name
• Charm (noun)• Power/Quality of Delighting/Attracting/Fascinating others
• ‘Charm’ of Classic Era of Music (Older, More Mature - Resigned)• ‘Charm’ of Discovery (Youth - Explorers)
MUSE_IC VS. MOJOBattle of the Mags
• Articles, Reviews, Interviews & Exclusives• Contemporary Artists
• Legendary Artists from Classic Era
TARGET READERSHIPAudience Demographics & Hartley’s Subjectivities
• Intelligent Individuals• ABC1 Demographic
• Younger Bracket (16-25 years old) (Explorers)• Older Bracket (40+ years old) (Resigned)
WHY ‘MUSE_IC’?Behind the Name
• Muse - Greek Mythology• Goddess of Arts and Science, Daughter of Zeus
• Connotes Power, Creativity, Magnitude• “Muse”Classics from the 1960’s-1990’s + “_”Contemporary
MARKETING ‘CHARM’Spread the Word
• Social Media = Cheap, Convenient & Always Online• Perfect Platform to Advertise Charm to Youth
• Benefits: Communication & Interaction = Build Relationship with Consumer & Product (Rapport)
MARKETING ‘CHARM’4C’s & Audience Psychographics
• Rich Demographic & Psychographic Targeting
to Speak to Consumers Most Likely to Listen
• Young & Rubicam = 4C’s(Cross Cultural
Consumer Characterisation)
• VALS = People Buy the Things they Think
will Enhance the View of their own Identities
MARKETING ‘CHARM’Push & Pull Marketing Strategy
• Push Marketing = Take Product Directly to Customer
• Pull Marketing = Motivate Customer to Seek you out• Push Strategy = Raise Awareness & Establish Brand
• Pull Strategy = Increase Market Share
MARKETING ‘CHARM’Above, Below & Through The Line Marketing
• Above the Line = Mass Media Advertising• Below the Line = Non-Media Advertising
• Above the Line + Below the Line = Through the Line
MARKETING ‘CHARM’Sponsorship
• Sponsor Download Festival 2015
• Raise Brand Awareness
• Heighten Brand Visibility
• Brand Exposure to Target Audience
PRODUCING ‘CHARM’Week 1
• Planning (Team Meeting to Plan Content)
• Content Acquisition (Photographs, Articles, Interviews, Reviews)
PRODUCING ‘CHARM’Week 2
• Editing (Accuracy, Spelling, Punctuation & Grammar)• Layout (Magazine Layout & House Style)
PRODUCING ‘CHARM’Week 4
• Distribution• Magazine Stock Delivered to Retailers & Consumers
• Launch Day - Last Friday of Previous Month
BUDGETING ‘CHARM’Job Roles & Staff Salaries
• (Excluding Freelance Work) Key 20 Staff Salaries =£437,000 - £720,000 per year
• Salary Depends on Experience Level
General Costs Total Estimated Cost
Staff Selection
Editorial (Content)• Freelance Work• Journalists (x3)• Editorial Assistants (x2)• Sub/Copy Editors (x2)• Features/Associate Editors
(x2)• Editor in Chief (x1)
Editorial (Design)• Freelance Work• Designers (x2)• Creative Director (x1)
Business• Publisher (x1)• Marketing Managers (x2)• Marketing Director/Executive
(x1)• Publishing Rights Manager
(x1)• Copyright/Rights Director
(x1)• Print Production Planner (x1)
Cost
• £420 - £700 per 1000 words• £12,000 - £26,000 per year• £15,000 - £23,000 per year• £16,000 - £35,000 per year• £18,000 - £60,000 per year• £22,000 - £65,000 per year
• £250 - £400 per day• £15,000 - £50,000 per year• £60,000+ per year
• £25,000 - £52,000 per year• £27,000 - £47,000 per year• £30,000 - £60,000 per year• £22,000 - £35,000 per year• £40,000 - £50,000 per year• £20,000 - £50,000 per year
Approximately between:£437,000 (excl. freelance work)and£720,000 (excl. freelance work)per year
BUDGETING ‘CHARM’Start-Up Cost & Equipment
• Apple MacBook Pro’s (x20) = £20,280 - £42,280 (one-off)• Office Space Rent = £231,000 per year
• Adobe Suite Creative Cloud = £7,240.80 per year
BUDGETING ‘CHARM’Printing Costs
• (x10,000) 60-page 118gsm matt paper copies + semi-gloss cover= £8,992.50
• Option to Convert to Digital Format (For Tablet & Mobile)
BUDGETING ‘CHARM’Distribution
• Magazine Distribution Companies = No Set Fee• Publisher Paid Percentage of Cover Price (25%-35%)• Year 1 Forecast - 10,000 Copies = £9,975 - £13,965• Year 2 Forecast - 20,000 Copies =£19,950 - £27,930
BUDGETING ‘CHARM’Advertising Revenue
• Magazine Advertisement Slots Sold in Page Fractions• Prime Advertising Spaces: Inside Front Cover, Inside Back Cover
& Back Cover• Advertiser Commits to Multiple Issues = Charge Lowers
BUDGETING ‘CHARM’Available Advertising Space
• Charm Not Established
• Unlike Mojo, Kerrang & Q
• Charm will Sell Advertising Space for -50%
BUDGETING ‘CHARM’Available Advertising Space
• (x7) Full Page Ad Spaces
• (x6) Half Page Ad Spaces
• (x2) Double Page Spread Ad Spaces
• (x1) Inside Front Cover Ad Spaces
• (x1) Inside Back Cover Ad Spaces
• (x1) Back Cover Ad Spaces
BUDGETING ‘CHARM’Advertising Revenue
• ROP (Advertiser Does Not Designate Placement)
• FH (Advertiser Has Preferred Placement)
• First Year :• £61,812 - £68,237 per month
£741,744 - £818,844 per year
• Second Year:£1,483,488 and £1,637,688 per year
BUDGETING ‘CHARM’Profit/Loss Breakdown
General Costs Total Estimated Cost
Staff Selection
Editorial (Content)• Freelance Work• Journalists (x3)• Editorial Assistants (x2)• Sub/Copy Editors (x2)• Features/Associate Editors (x2)• Editor in Chief (x1)
Editorial (Design)• Freelance Work• Designers (x2)• Creative Director (x1)
Business• Publisher (x1)• Marketing Managers (x2)• Marketing Director/Executive (x1)• Publishing Rights Manager (x1)• Copyright/Rights Director (x1)• Print Production Planner (x1)
Cost
• £420 - £700 per 1000 words• £12,000 - £26,000 per year• £15,000 - £23,000 per year• £16,000 - £35,000 per year• £18,000 - £60,000 per year• £22,000 - £65,000 per year
• £250 - £400 per day• £15,000 - £50,000 per year• £60,000+ per year
• £25,000 - £52,000 per year• £27,000 - £47,000 per year• £30,000 - £60,000 per year• £22,000 - £35,000 per year• £40,000 - £50,000 per year• £20,000 - £50,000 per year
Approximately between:£437,000 (excl. freelance work)and£720,000 (excl. freelance work)per year
Office SelectionEquipment
• Workstations (Macbooks)• Software (Adobe Creative Suite)• Office Supplies
Office Space• Renting Space
Misc• Printing Cost
Cost
• £899 - £1,999 per Macbook (x20)• £30.17 per month per user (x20)• £2,400 per year on average
• £231,200 per year • £8,992.50 per order (60 pages, 10,000 copies) (Blurb)
Equipment:£20,280 - £42,280 (one-off payment)Software:£7,240.80 per yearOffice Space:£231,200 per yearPrinting:£107,910 per year
• Income - Overall Expenditure = Annual Revenue Year 1 = £751,719/832,809 - £552,150/835,150 = £+199,569/-2,841
Year 2 = £1,503,438/1,665,618 - £552,150/835,150 = £+951,288/+830,468
BRAND IDENTITYUnique Selling Points, House Style, Branding
• Masthead Font = Lithos Black• Font = Depends on Content
• Serif = Legendary Artists from Classic Era• Sans-Serif = Contemporary/Modern Artists
• Black & White Images = Legendary Artists from Classic Era• Coloured Images = Contemporary/Modern Artists
BRAND IDENTITYColour Scheme
• Yellow = Mind/Intellect (Young/Old)Colour of Expression - Connotes Optimism, Creativity
• White = Perfection/Purity (Young/Old)Symbolises Clean Slate/Blank Canvas - Connotes Neutrality, Balance
• Black = Power/Authority (Young/Old)Symbolic Barrier, Feeling of Protection - Connotes Sophistication/
Seriousness
• Red = Energy/Passion (Young/Old) Connotes Powerful Masculine Energy - Connotes Positivity/Ambition
BRAND IDENTITYUnique Selling Points, House Style, Branding
• Masthead Font = Lithos Black• Font = Depends on Content
• Serif = Articles• Sans-Serif = Headings
• Black & White Images = Legendary Artists from Classic Era• Coloured Images = Contemporary/Modern Artists
BRAND IDENTITYColour Scheme
• Yellow = Mind/Intellect (Young/Old)Colour of Expression - Connotes Optimism, Creativity
• White = Perfection/Purity (Young/Old)Symbolises Clean Slate/Blank Canvas - Connotes Neutrality, Balance
• Black = Power/Authority (Young/Old)Symbolic Barrier, Feeling of Protection - Connotes Sophistication/
Seriousness
• Red = Energy/Passion (Young/Old) Connotes Powerful Masculine Energy - Connotes Positivity/Ambition
FRONT COVER & DOUBLE PAGE SPREADFirst Issue & Unique Selling Points
• First Issue
• iTunes Codes (Entice Younger Audience)
• Physical CD (Entice Older Audience)
FRONT COVER & DOUBLE PAGE SPREADFirst Issue & Unique Selling Points
• Exclusive Interviews with Big Name Artists
• High-Quality,In-Depth Features
• Unique Selling Point:Unique Ethos of
Celebrating Classics& Embracing the New
FRONT COVER & DOUBLE PAGE SPREADFirst Issue & Unique Selling Points
• First Issue
• iTunes Codes (Entice Younger Audience)
• Based on Mojo’s Special Anniversary Edition
FRONT COVER & DOUBLE PAGE SPREADFirst Issue & Unique Selling Points
• Exclusive Interviews with Big Name Artists
• High-Quality,In-Depth Features
• Unique Selling Point:Unique Ethos of
Celebrating Classics& Embracing the New