Quantcast
return Home

Never a dull moment with Innovation in Magazine Media

Innovative media are devising all manner of experiences in print and digital formats to draw attention to their products. Magda Abu-Fadil, in her blog for The Huffington Post, takes a look at the latest Innovation in Magazine Media Report from FIPP. 

Let’s start with all the new fun stuff, then back into other ideas adopted by magazine publishers to help them keep and grow their markets in this super-competitive landscape.

Innovative media are devising all manner of experiences in print and digital formats to draw attention to their products.

Fast Company produced a four-page Porsche spread in April 2016, one of which had an acetate sheet readers could assemble into a prism, place on a tablet, and launch a video projecting a hologram image into the prism, thereby creating a unique magazine experience.

FastCompany hologram (FastCompany)

OK, so it’s a spread for an ad, but you get the idea. Besides, there’s a meaty section in the book featuring various forms of advertising for today’s magazines.

That and many such helpful nuggets are featured in “Innovation in Magazine Media 2017-2018 World Report.”

Innovation 2017-2018 cover ()

Elsewhere, banking on a book and movie series, a magazine livened up photos in a special way.

Mimicking the moving pictures in the Daily Prophet newspaper of the early Harry Potter films, Empire magazine’s special edition cover celebrating the opening of the latest Harry Potter film in the fall of 2016 included pictures coming alive thanks to an embedded video player. Readers could watch a trailer and a behind-the-scenes tour of the movie as well as interviews with the director and with the author J.K. Rowling herself.

So there’s a trend towards increased movement as embodied in video, virtual reality (VR), augmented reality (AR), and a slew of artificial intelligence (AI) options.

The report’s authors point to Google, Samsung, Facebook, HTC, Sony and Microsoft investing big time in VR, noting that it’s extremely expensive to produce, and that the audience equipped to experience it is still extremely small.

However, there is a subset of virtual reality that is not so expensive to make and has the similar effect of putting you someplace outside of your reality. It’s called 360 video. Consumers can enter that world for as little as US$1.99 for a pair of Google Cardboard “glasses” on eBay (US$15 if you buy from Google.). And publishers can play in that space for far, far less than the tens or hundreds of thousands of dollars it costs to produce a pure VR video.

Virtual Reality vs 360 video (Sarah Ullman for The Jungle)

While VR is an immersive, out-of-the-present experience that can be controlled by users and puts them in an environment that gives them the feeling of being physically present someplace (real or imagined) they are not, in a 360° video, users are surrounded by a real-world environment, but they go where the person directing the camera takes them.

Augmented Reality (AR) isn’t new but is also being increasingly used to good effect in magazines and advertising.

The November 2016 issue of Elle included eight covers, each one featuring an actress (Aja Naomi King, Amy Adams, Anna Kendrick, Felicity Jones, Helen Mirren, Kathy Bates, Kristen Stewart, and Lupita Nyong’o). When readers logged into the ElleNow app and held their mobile device over each cover, they were treated to video interviews with each actress.

On the ad side, IKEA’s 2016 catalogue featured AR by enabling users to place products in their homes before buying them by using the company app on their smartphones.

AR to help with purchases (FIPP Innovation in Magazine Media)

Enter another new/old technology expected to make the trendy list in 2017 – beacons (small wireless sensors transmitting data to phones using Bluetooth Low Energy, or BLE) – that can target broad areas relatively cheaply.

“Beacons can push coupons and promotions and also incorporate personalized messages and recommendations based on geography and/or customer purchase history,” according to Brian Friedman, chief technology officer (CTO) of Loopd, an event engagement management company.

But he cautioned media and marketers to “use them respectfully” by not invading consumers’ privacy and being aggravatingly intrusive.

How beacons work (FIPP Innovation in Magazine Media)

The report provides a generous dose of advice on what not to do, including investing in an expensive website redesign or building countless apps for a magazine/publishing brand.

Instead, it says the future (at least for now) is chatbots and messaging apps that are slated to be “faster, smarter, easier to use, friendlier, more targeted, more secure, more personal, more satisfying, and more widely used than websites, apps, and social media.”

For newbies, here’s some clarification:

Messaging apps are conversation platforms like WeChat, WhatsApp, Facebook Messenger, QQ Messenger, Viber, and Kik, as well as photo-based ones like Snapchat and Instagram.

Chatbots are interactive text or voice apps that live on messaging apps and can ask and answer consumer questions, depending on how they’re programmed. But, as with everything else, they have limitations.

Messaging apps & chatbots (FIPP Innovation in Magazine Media)

True to form, the FIPP and Innovation Media Consulting Group’s report provides clients with a range of very productive tips.

The publishing business–focused team has been at it for many years advising the editorial and management sides of media to “innovate and embrace new digital platforms, and find bold new strategies as well as new revenue streams.”

Innovation Media Consulting chart (Innovation Media Consulting chart)

As for monetisation, the authors recommend a mixed bag of advertising, ad blocking strategies, reader revenue, branded content, distributed platform advertising, ecommerce, events, mobile advertising, native advertising, newsletters, messaging apps and chatbots, programmatic advertising, retail revenue and video advertising.

Magda Abu-Fadil is director of Media Unlimited. See her blog about Innovation in Magazine Media on The Huffington Post here.

The new Innovation in Magazine Media 2017-2018 World Report is available in print format thanks to UPM and and in digital format powered by PressReader. The book is written for FIPP every year by Innovation Media Consulting - a global consultancy helping publishers succeed in the digital age. 

The digital format is FREE to all FIPP members. For more information about inviting the Innovation authors to present these case studies to your company, special prices for bulk orders or how to get your FIPP member free digital copy, contact Helen Bland

John Wilpers, senior director USA, and Juan Señor, senior partner of Innovation Media Consulting - author and editor of the Innovation Report respectively - will drill down into the Innovation case studies at the FIPP World Congress taking place in London, 9-11 October 2017. Further information here

More like this

Innovation 'how to' report gives the lowdown on chatbots

John Wilpers showcases top trends included in new FIPP Innovation World Report

Order your new Innovation in Media World Report now

  • How Aller Media Finland unlocked the value of data-for-profit In less than three years, Aller Media Finland has become the leading company in Finland to harvest consumer data as an income asset. Sami Lahtinen, director, data and digital solutions, and Sini Kervinen, head of business operations, data and digital solutions, explain how the establishment of the Aller Refinery data unit managed to place data at the heart of their business’s growth. 19th Jun 2017 MagWorld
  • How Marie Claire is embracing a more diverse range of voices Focusing on social and political issues, giving readers current events news in context may sound more like a news magazine than a Marie Claire, but women’s magazines have been producing this kind of content since creation, according to Kate Lewis, Hearst Digital Media’s SVP/editorial director in the US. There is good reason why it is now more noticeable... 21st Jun 2017 MagWorld
  • Nine steps to rapidly transform your legacy teams No amount of tinkering at reorganisation will work. Tinkering has failed. New business models and new editorial models require new thinking, new roles, new workflows, and new organisational structures, writes INNOVATION Media Consulting senior director John Wilpers. 19th Jun 2017 Insight News
  • Four industry experts share insights on innovating live events Live events are a rapidly growing revenue source for publishers, but as the field becomes ever more competitive event organisers need to be nimble, creative and innovative to remain on top of the game. Here, we combine the insights of four leading industry experts on developments within the sector. 25th Jun 2017 MagWorld
  • Reuters Digital News Report 2017 highlights lessons for publishers across multiple markets Growth in social media for news discovery is flattening out, ad-blocking on desktop has stalled, brand recall on social is low, voice-activated digital assistants are emerging as news platforms in some countries and regions. If the Reuters Institute Digital News Report 2017 makes one thing clear, it is that the digital revolution is full of contradictions and exceptions, for the simple reason that countries and regions across the globe started this revolution at different times and places and aren’t progressing at the same pace. 22nd Jun 2017 Insight News
Go to Full Site