production: audience and institutional factors
TRANSCRIPT
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AUDIENCE AND
INSTITUTIONAL FACTORS
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WHAT INSTITUTIONAL FACTORS DO MAGAZINE
PRODUCERS FACE? - PART 1Producers of magazines have to face many different institutional factors such as: Revenue: Magazine producers need to
raise revenue to keep the production and development
of the magazine going. In the beginning the money
derives from an initial investments into a magazine
companies Latter on, this total revenue
is made up of magazine sales, subscription revenue and advertising revenue.
In turn the initial investment will be refunded, allowing the
company to make a profit. For many magazines,
advertising revenue is a large percentage of the total revenue of a magazine
company. Additionally, merchandising
also allows magazines to increase their revenue
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WHAT INSTITUTIONAL FACTORS DO MAGAZINE
PRODUCERS FACE? - PART 2 Although due to the digital technology many magazines are
now distributing it’s content online, though online
magazines. it is through distribution
strategies that we, as an audience, first get to know about a new magazine. The producers of a magazine have to think about who their target audience is and how to attract that audience.
Distribution: In distribution one must
think about: ‘How the magazine will reach their audiences?’
Usually Magazine are distributed through: the mail, through sales by newsstands; bookstores or other vendors
and also through free distribution at selected pick-
up locations. Large magazines often have
large distribution networks, and can be found outside
their normal area.
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WHAT INSTITUTIONAL FACTORS DO MAGAZINE PRODUCERS FACE? - PART 3
Online magazines: Online magazine can effect the
sales of printed magazines. It also affects the way magazines distribute their content.
Online magazines decline the circulation of printed media, such as printed magazine. On the other hand online magazines can reaches a wider
audience and can have a significant online presence.
Online magazines can link with social networking sites like Facebook or twitter, increasing their exposure to audiences.
This allows online magazine companies to easily know what
interest their audience. This mean the articles the write will
be related to what the audience is interested in. Allowing the
magazine to gain more attention from the audience.
Additionally digital magazine distribution companies save money on distribution and circulation costs; that paper magazine spend.
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MAGAZINE WEBSITES- WHAT ISSUES DO THEY FACE ?
There are some issues online magazines have to face. For example magazines needs to battle online industries
and other digital platform. Such as: The internet – websites and social media, eBooks and Apps.
By linking online magazines to social media, making them more interactive, people 9on social media) can easily put
forward their opinions which aren’t always good. Also dissatisfaction could cause audiences to stop subscribing
to magazines, decreasing the revenue of that magazine. Which in turn could decrease the popularity of magazines, causing in a decrease in sales and revenue: for the magazine.
Therefore, online magazines are more subjected to audience backlash and complaints; compared to printed magazines.
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HOW DO MAGAZINES ATTRACT AUDIENCES? - PART
1 Also a magazine can attaching
it’s self to popular reality show. Like the magazine ‘Heat’ attached it’s self to Big Brother. When the magazine was rebranded into a Gossip magazine.
Star images, popular TV Personnel and catchy titles or puffs, on front cover, usually attract the audiences and coheres them into buying the magazine
Audiences: They aim of a magazine is to stay
above the label ‘toilet’ magazine. The use of celebrity stories,
especially famous celebrities, allows magazines to attract the audience and stay above this
label. Another thing that will add to the
popularity of magazines are ‘exclusive’ stories. This compels
audiences to buy that magazine to know what the story is about.
Separating their magazines from other magazines.
For magazines aimed at lower earning audiences, gossip articles
will attract these audiences.
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HOW WILL MY MAGAZINE WORK
Revenue: After the initial investment,
in the first few months, my magazine would have to rely on revenues from advertisements.
Audiences: I would Need to use
Distribution: Since my magazine is a
printed magazine, then I need to utilise distribution methods such as: the mail, through sales by newsstands; bookstores, in an efficient way.
This is to reduce costs and maximise revenue.
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HOW WILL MY MAGAZINE WORK WITH NEW DIGITAL
TECHNOLOGY?Since technology is a permanent part of peoples life today it allows my magazine to flourish and grow. In the long run I could expand my magazine to include an online version of
the paper back magazine. Creating a significant online presence. Although this could decries the
circulation of my printed magazine. I could us social media not only to advertise my magazine, but to keep in
touch with what events are attracting the attention of my audience. Allowing my magazine to always have content that attract reader’s
attention. Additionally social media can connect my magazine to my readers,
allowing them to identify with the magazine and increase my audience. Creating a loyal group of subscribers to my magazine.