Monthly ArchiveSeptember 2008
The perception we have regarding cost of magazines is that the cover price is the cost of the content within the magazine. The truth is that the cover price of a magazine these days reflects little more than the cost of printing and distribution. Few magazines actually make money from the cover price, they make money from selling advertising.
I detest having to pay for a magazine that is 80% advertising. Add to this the hassle of us having to go to the newsstand to purchase the mag and we have a very expensive product, much more expensive than is apparent. So here’s a model that covers all the bases. Free shareable magazines. All my favourite titles are here as well as some I would find very difficult to find at any local newsagent.
Advertisers can still advertise, adverts will still be seen. The internet and my browser takes care of the cost of distribution and the content creation is transferred solely to the advertiser. I pay for nothing but electricity and bandwidth. My end of the bargain is that I have to be exposed to the ads and if I like something, I might buy it.
I have all the choices in the world conveniently delivered to my browser. It’s social in that my friends can suggest content that might be interesting to me and I can in turn suggest stuff to my friends.
This is a great model and it’s truly a game changer. What do you think?