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THE RULES OF ATTRACTION MAY 2015 FIPP CONFERENCE

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Page 1: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

THE RULES OF ATTRACTION

MAY 2015 FIPP CONFERENCE

Page 2: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

WHAT ARE WE?

THE NEW MARKETING AGENCY FOR CONSUMER MAGAZINES

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PURPOSE

To champion the power and vitality of magazine media, in all it’s forms and at the broadest level, to the media, advertising and marketing community

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THE RULES OF ATTRACTION

Immersion Belonging Stature Inspiration Influence Growth

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THE RULES OF ATTRACTION STUDY 2015

A NEW LOOK AT MAGAZINE MEDIA

magazine consumers over 2 years

15,000

Online survey Mobile diaries Depths and video

Conducted by Crowd DNA

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IMMERSION

Page 7: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

Reasons given for reading magazines - % Stating:

Source: Crowd DNA Rules of Attraction, 2014/15

#1 MAGAZINES ADDRESS A NUMBER OF IMPORTANT

NEEDS STATES

WAVE 1 2013 WAVE 2 2014

WAVE 1 2013 WAVE 2 2014

1

35

39

47

47

58

62

65

None of these

As a treat

Keep up-to-date

For inspiration

Followpassion/hobby

For entertainment

Get information

To relax

Page 8: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

Personal This media is personal

Indulgent This media is indulgence This media is relaxing

11%

11%

19%

23%

28%

39%

Social media

Newspapers

TV

Radio

Magazines

Internet

3%

3%

4%

8%

12%

20%

27%

Newspapers

Social Media

Radio

Internet

TV

Magazines

Cinema

11%

21%

23%

45%

49%

53%

67%

Newspapers

Social media

Internet

Radio

Cinema

Magazines

TV

Relaxing

#1 THE THREE DRIVERS OF IMMERSION

Source: Crowd DNA Rules of Attraction, 2014/15

Page 9: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

Proportion who associate magazines with each word/phrase

#1 READERS IMMERSE THEMSELVES MORE IN MAGS

35%

46%

55%

31%

45%

51%

Inspirational

Pleasurable

RelaxingWAVE 1 2013 WAVE 2 2014

WAVE 1 2013

WAVE 2 2014

WAVE 1 2013

WAVE 2 2014

Source: Crowd DNA Rules of Attraction, 2014/15

Page 10: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

#1 READERS IMMERSE THEMSELVES MORE IN MAGS

video

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#1 READERS IMMERSE THEMSELVES MORE IN MAGS

VIDEO HERE

STATURE

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#2 STATURE IS ENHANCED BY THE PRINT BOND

The tangibility of print is one of its

main draws – with digital driving

an appreciation of this

Tangibility

9 in 10 agree it just feels better holding a

physical copy

Many readers can’t explain why

they like the print version, they

just feel a strong connection

Emotion

9 in 10 agree they just prefer the printed

version

The force of habit and loyalty to

the print versions is continuing to

drive readership

Habit

7 in 10 like the print version because

it’s what they’ve always bought

Source: Crowd DNA Rules of Attraction, 2014/15

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#2 PRINT CONTINUES TO BE THE PLATFORM OF CHOICE

“Which format is more appealing?”

97

75

17

87

1

10

40

5

0

6

24

3

8

7 11

0 20 40 60 80 100 120

Print Only

Print + Digital

Digital Only

ALL

Print

Apps

Websites

All of these

No opinion

Source: Crowd DNA Rules of Attraction, 2015 only*

Source: Crowd DNA Rules of Attraction, 2014/15

Page 14: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

Just prefer print

Better having physical copy

Feel more relaxed

Always bought

Easier to hold

Keep back issues

Take to more places

Feel safer

Little piece of luxury

#2 PRINT HAS APPEAL FOR A NUMBER OF REASONS

% agree or strongly agree 91% 91% 74% 70% 69% 64% 60% 59% 51% Source: Crowd DNA Rules of Attraction, 2014/15. All print readers

Page 15: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

50% yoy increase in digital readers following

editorial talent

#2 QUALITY COMES FROM CURATION

MUSIC REVIEWS

EQUIPMENT TEST

FILM REVIEWS

CATWALK

CRITIQUE RECIPES

TEST DRIVE

Q

TRAIL

EMPIRE

VOGUE

GOOD FOOD

TOP GUIDE

51% of readers claim to “trust the reviews in my

magazines”

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#2 MAGAZINES ARE ONE OF THE MOST TRUSTED

2%

9%

12%

25%

8%

69%

66%

69%

50%

60%

29%

25%

19%

25%

32%

Low (1-3/10)

Medium (4-7/10

High (8+/10)

How much do you trust these media?

Source: Crowd DNA ‘Rules of Attraction’ 2014 only

Newspapers

Internet

Radio

Magazines

Internet

Source: Crowd DNA Rules of Attraction, 2014/15

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#2 STATURE COMES THROUGH QUALITY

video

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BELONGING

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Audiences identify with magazine brands more than any

other media.PPA. Media Experience Study.

#3 READERS IDENTIFY WITH MAGS BRANDS

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All readers

71%

#3 MANY MAGAZINE READERS HAVE A CLOSE RELATIONSHIP WITH THEIR FAVOURITE TITLES

% Agreeing “I would miss my favourite magazines if they weren’t there”

Women

72%

18-24

69%

Print & digital

74%

ABC1

70%

Source: Crowd DNA Rules of Attraction, 2014/15

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#3 MAGAZINE READERS CLAIM TO SHARE

CONTENT WITH FAMILY & FRIENDS

Source: Crowd DNA ‘Rules of Attraction’ 2014/15

4 in 10 regularly share 58% for digital readers

Source: Crowd DNA Rules of Attraction, 2014/15

Page 22: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

22% follow brand on FB

18% follow on twitter

#3 MAGAZINE READERS ARE KEEN FOLLOWERS ON SOCIAL MEDIA

1 in 3 magazine readers claim

to follow at least 1 brand

Super user group more social usage 1 in 2 on at least one platform

Source: Crowd DNA Rules of Attraction, 2014/15

Page 23: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

#3 LOTS OF REASONS TO FOLLOW MAGAZINES

10%

10%

19%

25%

26%

26%

30%

39%

46%

The average follower

lists 5+ reasons why

they follow their

favourite magazine

brands...

and growing!

Competitions

Videos/Images

Bite-sized info

Follow Talent

Relevant

Keep Up

Feel Closer

Offers/Discounts

Extra Content

Base: All Who Follow Magazine Brand on Social Media Source: Crowd DNA Rules of Attraction Survey, 2014/15

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INSPIRATION

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#4 MORE CONSUMERS TAKE INSPIRATION FROM MAGAZINES THAN ANY OTHER MEDIUM

83% of consumers agree content gives them ideas

and inspiration

81% have bought an item or visited a place after reading about it in a

magazine

32% rate magazines as inspirational in

comparison with 12% average for all other

media

Source: Crowd DNA Rules of Attraction, 2014/15

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35% 38%

54%

39% 41%

61%

Educational Useful Gives me ideas

Wave 1

Wave 2

Proportion who associate magazines with each word/phrase

Source: Crowd DNA Rules of Attraction 2014/15

#4 READERS LOOK TO MAGS FOR INSPIRATION

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INFLUENCE

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#5 INSPIRATION CARRIES OVER TO THE ADVERTISING

“This media contains ads that are most useful for inspiring my interests”

51%

x5

x5 x20

x2 W.W.W

Source: Crowd DNA Rules of Attraction 2014/15 Base: All readers who expressed an opinion (80%)

x20

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#5 INSPIRATION CARRIES OVER TO THE ADVERTISING

“This media contains ads that spark ideas that I act upon”

42%

x4

x5 x14

x2

Source: Crowd DNA Rules of Attraction 2014/15

W.W.W

x20

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#5 MAGAZINE ADVERTISING LESS INTRUSIVE

How much do ads spoil the enjoyment?

61%

14%

20%

53%

27%

44%

30%

35%

36%

38%

36%

36%

9%

51%

44%

9%

37%

20%

Low (1-3/10)

Medium (4-7/10

High (8+

Source: Crowd DNA ‘Rules of Attraction’ 2014 only

Cinema

Radio

Newspapers

Internet

TV

Magazines

Page 31: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

#5 THE THREE DRIVERS OF INFLUENCE

Magazines create further

action – readers are open to

further search, research and

purchase

Action

3 in 4 Have searched for or researched a

product after seeing in a magazine

Magazines are a key source of

information – both from passive

browsing and active searching

Information

2 in 3 agree they read magazines

specifically for the information

they provide

Magazines don’t only give

readers information – they give

them information that they

act on

Inspiration

8 in 10 agree magazines give them ideas

and inspiration

Source: Crowd DNA Rules of Attraction 2014/15

Page 32: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

#5 THE THREE DRIVERS OF INFLUENCE

Inspiration Spark Ideas Functionality

1%

6%

10%

10%

16%

16%

23%

33%

Poster adverts

Newspapers

Social Media

Radio

TV

Cinema

Internet

Magazines

This media is inspirational

4%

13%

16%

18%

18%

25%

57%

61%

Cinema

Radio

Newspapers

Poster adverts

Social media

TV

The internet

Magazines

This media gives me ideas

3%

14%

24%

27%

28%

40%

41%

69%

Cinema

Poster adverts

Radio

Social media

TV

Newspapers

Magazines

The internet

This media is useful

Source: Crowd DNA Rules of Attraction 2014/15

Page 33: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

#5 ACTIVELY SEEKING ADVERTISING LEADS TO IMPACT

9 in 10

magazine readers look at the adverts

1 in 2 often share adverts with

friends and family

Source: Crowd DNA Rules of Attraction 2014/15

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#5 READERS HAVE A MORE POSITIVE ATTITUDE TO ADVERTISING

video

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GROWTH

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#6 DIGITAL OPENS UP NEW OPPORTUNITIES TO ENHANCE THE READERSHIP EXPERIENCE

Apps and digital editions that can

be accessed on the go are

providing readers with content

anywhere, anytime

Access

8 in 10 easily access content on-the-go

Digital formats are allowing

readers to access more up-to-date

content, filling the gap between

print editions

Speed

7 in 10 agree it’s quicker to get the latest

content digitally

Digital platforms are allowing

readers to personalise their

experience by accessing the most

relevant content

Personalisation

6 in 10 agree it’s easy to navigate to the

content they want to see digitally

Source: Crowd DNA Rules of Attraction 2014/15

Page 37: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

#6 GROWTH WILL COME FROM POSITIVE PERCEPTIONS

OVERALL % INCREASE IN POSITIVE PERCEPTIONS: WAVE 1 – WAVE 2

PERSONAL

Source: Crowd DNA ‘Rules of Attraction’ 2014/15

PLEASURABLE INSPIRATIONAL

USEFUL

LUXURIOUS GIVES IDEAS

EDUCATIONAL

TIME-PASSING

RELAXING

FRIENDLY

TRUSTWORTHY

MAGAZINES +11% TELEVISION + 8% INTERNET + 4% RADIO + 2%

NEWSPAPERS - 1%

Page 38: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

#6 GROWTH MAY ALSO COME FROM DIGITAL-ONLY READERS

% OF DIGITAL-ONLY READERS WHO CLAIM THEY ARE LIKELY TO READ PRINT MAGAZINES IN NEXT 12 MONTHS

Equates to 200,000+ potential new print purchasers

29%

Source: Crowd DNA, Rules of Attraction 2015

Meanwhile, 96% of print & digital readers stay they are going to stick with print

Page 39: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

Proportion who associate magazines with each word/phrase

47%

48%

71%

39%

41%

61%

Educational

Useful

Gives me ideas

Overall

Super Users

43%

50%

60%

35%

46%

55%

Inspirational

Pleasurable

Relaxing

FUN

CTI

ON

AL

EMO

TIO

NA

L

#6 DIGITAL CREATES ‘SUPER-USERS’ ACROSS PLATFORMS

Source: Crowd DNA Rules of Attraction, 2014/15

Page 40: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

#6 ‘SUPER-USERS’ ARE EVEN MORE ENGAGED

Proportion who read magazines for each of the following reasons

Source: Crowd DNA Rules of Attraction 2014 only

35

39

48

52

59

64

68

48

44

60

64

70

77

74

To keep up to date

As a treat

For inspiration what/where to buy

To follow passion/hobby

For entertainment

To get information

To relax

Super-Users

All Readers

Page 41: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

IN SUMMARY

•Magazine core readership solid

•Print provides strong foundation

•Digital still to reach potential

•The 6 rules of attraction make sense

•Insight is the vital ingredient

Page 42: THE RULES OF ATTRACTIONd1ri6y1vinkzt0.cloudfront.net/media/documents/Rules of...Reasons given for reading magazines - % Stating: Source: Crowd DNA Rules of Attraction, 2014/15 #1 MAGAZINES

THANK YOU

TW: @MAGNETIC.MEDIA

LI: MAGNETIC MEDIA UK