Finding Circulation Gold
I spoke with Dan Lagani, president of the Fairchild Fashion Group, this week about checking your circ list for hidden nuggets and wrote it up in min’s b2b. I don’t want to give away the entire kit and kaboodle, but I will give out some practical advice based on our discussion and my conclusions.
Take a look at what markets you’re magazines are in. If you’re in one of the following B2B verticals, read on. If you’re in manufacturing, or shipping, or engineering, sorry, this isn’t for you…stop by and read my next blog post:
- Fashion
- Design
- Interior Design
- Architecture
- Building
- Kitchen & Bath
- Information Technology (includes security, developers, etc)
- Telecom
- Travel/lodging/hospitality
- Some food verticals (yes on retail, no on manufacturing)
- AV
- Advertising/marketing
If your book is in one of these verticals, take a closer look at your circulation list. Now, filter out all the subscribers you’d expect to be there: the industry CEOs, buyers, decision-makers, etc. Who do you have left? Well, of course, you’ll have some parts of your circ that is undesirable: people who have left the industry, people who aren’t in the industry, people who are too low-lever, and maybe some people who have died. But, if you’re lucky, and I know many of you will be, you’ll be left with two different kinds of people that you should treat as gold: journalists in the industry; and tastemakers.
For instance, I bet if you look at the circ for Nielsen’s Kitchen and Bath Business, you will find some interior design journalists. You will also perhaps find some tastemakers in the interior design industry who are influencers to consumers. Let’s say you have 50 journalists on your circ. How many people do these journalists reach on a weekly, or monthly basis? How many people do those influencers influence? Think about that, and make it part of your sales story. It’s not just 50,000 or 100,000 qualified subscribers, it’s also 50 or 100 journalists and tastemakers that touch 100 million worldwide consumers. If you can make that case compellingly to your clients, I’m sure they’ll reward you. Call your aud dev manager. Today.
Ps - I think this strategy should especially pay off for the IT books.
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