u.s. news bookazine strategy
DESCRIPTION
A presentation to the 2012 Publishing Business Conference called "11 Rules of Bookazines -- and Why We Broke Them All"TRANSCRIPT
U.S. News & World Report | 1
Case Study: Our New
Print Strategy
Publishing Business Conference presentation, March 20, 2012
U.S. News & World Report | 2
Case Study: Our New Print Strategy
OR
11 Rules of Bookazines – And Why We Broke Them All
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BOOKAZINES
Photos courtesy of Joe Berger,
newsstandpros.wordpress.com
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BOOKAZINES
MagNet’s description:
• “An issue that was not part of a title's normal
frequency schedule”
• Sold on newsstands
• Cover price: $9.95 - $19.99
• Little or no advertising
• Annual sales growth nearly 20%
U.S. News & World Report | 5
We’ve been able to keep the core values we started
nearly 80 years ago – providing readers with
accurate, unbiased, and useful information – while
expanding the delivery system in ways that were
unimaginable even a decade ago.
Brian Kelly
Editor & Chief Content Officer
“
”
THE U.S. NEWS VISION
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WHY PRINT? Isn’t it dead?
• Readers wanted our content in print
• Advertisers wanted print ads
• Maintain the visibility of our brand
• Reinforce our journalistic heritage
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BRAND PORTFOLIO
Source: Omniture 2011, ABC Audited, iTunes App Store
U.S. NEWS HAS DEFINED THE WAY WE DELIVER
CONTENT & CREATE ONGOING RELATIONSHIPS
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2011 SPECIALS
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ANNUAL GUIDEBOOKS
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11 RULES OF BOOKAZINES
1) Impulse buy
2) Spinoff of subscription magazine
3) Includes subscription offer for parent title
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11 RULES OF BOOKAZINES
4) Few ad pages, little or no ad revenue
5) No guaranteed ratebase
6) No controlled circulation
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CONTROLLED CIRCULATION
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11 RULES OF BOOKAZINES
4) Few ad pages, little or no ad revenue
5) No ratebase: 4 of ours have audited ratebase
6) No controlled circulation
7) Sold only on newsstands
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OUR AMAZON STOREFRONT
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11 RULES OF BOOKAZINES
7) Sold only on newsstands: Our “newsstand-only” books are now “newsstand plus”
8) On sale only 3 months: No off-sale dates on our web site
9) Not suited to B2B advertisers
10) Not suited to bulk sales
11) Not suited to libraries
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LOOKING FOR MORE SALES CHANNELS
• E-editions (just launched on NOOK)
• More web stores (opportunity for book distributor)
• Bookstores (opportunity for book distributor)
• Historic sites (opportunity for book distributor)
• Science museums (opportunity for book distributor
–Are you sensing a pattern here?)
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RANKINGS INSPIRED GUIDEBOOKS
EXTENDED
NEWSSTAND SHELF LIFE
STRATEGIC PLACE-
BASED DISTRIBUTION
ACTIONABLE
SOLUTIONS & ANALYSIS
GO-TO RESOURCE OVER
AN EXTENDED PERIOD
On Sale 9.18 – 6.28 On Sale 11.13 – 2.12 On Sale 9.20 – 11.26 On Sale 4.3 – 12.31
CONTENT DEDICATED GUIDEBOOKS LEVERAGE
OUR SIGNATURE RANKINGS TO DELIVER AN
IN-DEPTH ANALYSIS TO A GOAL ORIENTED AUDIENCE
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Thank You
Mark W. White
Vice President, Specialty Marketing
Usnews.com/amazon
@MarkWWhite