
We do lots of work within the toy and nursery sector so we work with both the trade and consumer press on a regular basis.
Recently the two main toy trade magazines had a new player to contend with – a new rival who promised to do things differently - Toy World headed up by the man who was previously at the helm of one of the incumbents.
All three publications are free on a subscription basis and it was an exciting announcement; some new energy and ideas, but also surprising – a launch at a time when we know just how much news is consumed online and tracked via social media channels. Only in their second month, Toy World are however already creating a buzz.
So for now I am putting my reservations to one side about launching new publications in this ‘day and age’ as you might say.
Take another example, First News, the weekly national newspaper for children – they have a circulation of nearly 50,000, some fantastic content and have been going strong since xxx. They’re also active on Twitter and Facebook, plus have a great website to support their offline presence.
Finally, Oxfordshire free paper The Oxford Journal now has a sister paper, The Oxfordshire Guardian launched this summer.
When we spoke to John Baulch at Toy World, he said that they’re very keen to support advertisers in lots of ways to add value to their marketing spend, whether it be via editorial, social media activities or otherwise. Which shows just how much the advertising landscape is having to change.
“It’s important to provide people with information across a range of formats, so that whichever way they choose to access the information, they can find your brand in that space. Hence we talk about the ‘Toy World brand’ – which encompasses print, online, blog, Twitter, Facebook etc – rather than just refering to it as a magazine”.
John believes that the reason new magazines are still being launched and advertising is still firmly within the marketing budget is because people haven’t figured out how to monetise online and social media advertising in the same way as print advertising.
“People are still very much happy to pay for advertising – and thank goodness they are, because without it, there would be no Toy World, nor for that matter any other b-2-b magazines in existence”.
John concludes by saying that there has to be a balance – that a publication cannot be totally ad driven to be credible or keep readers engaged. Which is lucky or we’d all be out of a job!
Ric Sumner the News Editor of the Oxford Journal and Oxfordshire Guardian says that the opportunity to launch a second paper was a no-brainer and combining it with the local property paper and delivering it door to door has given them a real edge.
“The important things for me as news editor are that we have quality, original news and sport unique to each title, and on the whole we have managed that. The look and feel of the paper has also been well received, with a clean, modern style helping to make the paper ‘feel’ like a paid for newspaper” said Ric.
Ric also commented that new websites for each of their publications was of paramount importance. He’s also excited about other developing online opportunities and possibilities with apps.
Ric also said “I think the free model will be equally popular in five years time, with papers like the Metro and Evening Standard thriving – people will continue to want to pick up a paper for nothing to read on the train or bus”.
So the message in conclusion I guess is, if you’re paying for advertising, ask for more than just a printed ad for your money.
None of the above mentioned publications have iPad apps as yet, although Toy News has an iphone app, which may be a future step as more reader opt for this form of news digestion!