Publishing Houses- circulation and subscription
Publishing Houses- circulation and subscription
Publication Circulation
- Circulation refers to the total number of copies of a magazine that are distributed, including both single-copy sales and subscriptions.
- High circulation figures indicate a widespread readership, thereby making a magazine attractive to advertisers and enhancing its competitiveness.
- Circulation figures can fluctuate due to various factors like changes in readers’ tastes, competition from other forms of media, and overall economic conditions.
- ABC (Audit Bureau of Circulations) is the industry body that measures and verifies magazine circulation figures in the UK to maintain transparency and trust between publishers and advertisers.
Magazine Subscriptions
- Subscriptions involve readers purchasing multiple issues of a magazine in advance, typically at a discounted rate compared to single-copy sales.
- Subscription revenue is a crucial part of a magazine’s business model as it provides predictable and regular income.
- Subscriptions can also act as a tool for retaining a regular, loyal readership - subscribers are bound to consume the magazine content over the agreed period.
- Subscription models may offer print-only, digital-only, or print and digital combined access to cater to different readers’ preferences.
- With digital subscriptions, publishers can gather data on reader behaviour, opening up opportunities for targeted advertising and better understanding of their audience’s preferences.
Relationship between Circulation and Subscription
- Successful subscription strategies can significantly enhance a magazine’s circulation figures.
- Publishers commonly use marketing strategies such as discounted introductory offers, gifts or exclusivity privileges to attract subscribers and boost circulation.
- However, over-reliance on heavily discounted subscriptions can lead to lower profitability and less appealing advertising rates.
- A balanced combination of high circulation, a stable subscription base, and effective advertising partnerships is crucial for the successful commercial operations of magazine publishers.