2011 readership study
DESCRIPTION
Analysis of theChief Executive reader, company size, job title, loyalty, level of involvement in purchasing decisions, demographics, lifestyle & net worthTRANSCRIPT
Reader Survey ReportCEG-Reader Survey Results.indd 1 2/6/2012 9:26:56 AM
Chief Executive magazine
provides the most
concentrated collection
of ultimate decision-
makers available
anywhere.
Readership (by position)
CEO/President/Chairman/Managing Director/Partner/Owner
COO/Divisional President/General Manager
CFO/CIO/CTO
Senior Military/Other
89.4%
3.4%3.5%
3.7%
Source: February 2012 circulation data1
CEG-Reader Survey Results.indd 1 2/6/2012 9:26:56 AM
11.1%
33%
40.5%
15.4%$1 Billion +
$100 - $999.9 Million
$10 - $99.9 Million
Under $10 Million
Chief Executive magazine
reaches CEOs at large,
mid-sized and small
companies across a
variety of industries.
Company Size (in revenue)
Industry Representation
5.6%
2.5%
3.1%
2.9%
3.4%
3.7%
3.7%
6.8%
10.8%
12.2%
12.9%
14.8%
17%Financial Services
Healthcare
Retail/Wholesale/Distribution
Manufacturing
Construction/Engineering/Mining
Mgmt Services/Consulting/Legal
Technology/Software/Data
Energy/Utility
Transportation
Advertising/Marketing/PR/Media
Government/Labor/Education
Real Estate
Travel and Leisure
Other
0.6%
Source: February 2012 circulation data2
CEG-Reader Survey Results.indd 2 2/6/2012 9:26:56 AM
Chief Executive magazine
is trusted by CEOs.
Nearly 60% of our
readers have been
reading Chief Executive
magazine for over 5 years.
CEO Readership Trust
98.6%Yes
No 1.4%
Chief Executive magazine provides CEO perspectives and practices that are valuable to me.
Readership Loyalty
23.8%
35.8%
27%
10.6%
3%
10+ years
5 - 10 years
2 - 5 years
1 - 2 years
Less than 1 year
How many of the past 6 issues have you looked at or read?
13.7%
85.1%
1.2% 0%
4 - 6 issues 2 - 3 issues 1 issue 0 issues
N=1,178 N=1,182 3
CEG-Reader Survey Results.indd 3 2/6/2012 9:26:56 AM
RecommendationsChief Executive magazine
has a total readership
of 125,028.
Most readers are
likely to recommend
Chief Executive magazine
to a colleague or friend
who is a CEO.
How likely are you to recommend Chief Executive magazine to a friend or colleague who is a CEO?
11%
9.8%
31.3%24.9%
23%
With how many people do you typically share articles or issues of Chief Executive magazine?
4 or more
3 people
2 people
1 person
None
N=1,168
(very likely)
Average: 8.75 out of 10
5
437
316
242
93
3832111 2
109876543210(not likely)
N=1,177
4
CEG-Reader Survey Results.indd 4 2/6/2012 9:26:56 AM
Chief Executive magazine
provides audience
exclusivity with little
overlap with other
business publications.
Readership Exclusivity
Which of the following publications do you read?
69.9%
29%
31.4%
36.1%
39.5%
19.3%
33%
32.3%Business Week
(Percentage of respondents answering 33% of the time or more)
CFO
Fast Company
Forbes
Fortune
Harvard Business Journal
The Economist
Wall Street Journal
N=1,172 5
CEG-Reader Survey Results.indd 5 2/6/2012 9:26:57 AM
Chief Executive magazine
readers drive significant
purchase decisions
and are becoming
increasingly involved
in purchasing decisions.
Purchasing Involvement
Which of the following purchases is your company likely to make in the next 3 years? Which of these purchases would you get involved in evaluating and/or approving vendors?
56.7%
69.5%
50.5%
69%
57.2%
65.3%
63.1%
72.7%
56.2%
76.2%
49.1%
67.2%
Investment Banking Services
Commercial Banking
Insurance
Consulting Services
Executive Search Services
Company Cars or Trucks
Technology (hardware, software
and services)
65%
74.6% Company Likely to Purchase
Personally Involved In
N=1,084
30.9%
55.8%
13.3%
More Involved
Similar Involvement
Less Involved
Are you likely to get more or less involved in key purchasing decisions over the next few years?
N=1,116
6
CEG-Reader Survey Results.indd 6 2/6/2012 9:26:57 AM
Chief Executive
magazine readers are
extraordinarily affluent.
The average reader is
a 57 year-old male with
a personal annual income
of $1,188,975.
The average reader has a
net worth of $9,921,089,
excluding their primary
home value.
Reader Demographics
93%
7%
Male
Female
N=1,120
11.8%
31.8%
39.4%
14%
2.9%Under 40
40 - 49
50 - 59
60 - 69
70+N=1,125
Current Net Worth(excluding home)
Percentage of Net Worth in Company Equity
13.3%
43.8% 19.1%
14.7%
9.1%
20.7%
50%15%
9.3%5%
Under 10%
10 - 24.9%
25 - 49.9%
50 - 75%
Over 75%
N=982 N=1,011
$25 Million +
$10 - 25 Million
$5 - 9.9 Million
$1 - 4.9 Million
Under $1 Million 7
CEG-Reader Survey Results.indd 7 2/6/2012 9:26:57 AM
Chief Executive
magazine readers
have extraordinary
discretionary spending
power.
The median wage of
Chief Executive magazine
readers is $501,904.
Reader Lifestyle
Which of the following items are you likely to purchase (or lease) for yourself or your family in the next 3 years?
* Includes charter, purchase, and jet sharing.
Intend to Purchase May Purchase Total
30.3%
36.7%
27.1%
33.8%
39%
39.8%
37.5%
28.1%
38.3%
27.7%
33%
19.6%
23.7%
14.4%
17.7%
13.6%
56.3%
40.2%
48.3%
35.3%
24.2%
21.5%
21.8%
29.3%
17.7%
27%
16.7%
20%
14.3%
Business Class Airline Tickets
Boat/Yacht
Private Aviation*
Over $75,000 Car
Luxury Vacation Home
Ski Vacation
Fine Jewelry/Watches ($5,000+)
$50,000 - $75,000 Car
Art/Antiques
First Class Airline Tickets
Adventure Travel
Education Travel
Cruise Vacation
$30,000 - $50,000 Car
Fine Wine
Luxury Beach/Spa Vacation
86.6%
76.9%
75.5%
69.1%
63.2%
61.3%
59.3%
57.4%
56%
54.7%
49.7%
39.6%
30.6%
28.7%
25.6%
17.9%
6.9%
7.9%
4.3%
8
CEG-Reader Survey Results.indd 8 2/6/2012 9:26:57 AM
Chief Executive magazine
is confident that the
reader survey results
provide an accurate
representation of our
readership.
Study Methodology
Chief Executive fielded a 19-question survey to the readers of the magazine via email. The survey was sent via email in a single request in December 2011. Unless otherwise noted, data sourced from Reader Survey.
A total of 1,200 usable responses were received. This sample size, given a total magazine circulation of 42,000, provides a 95% confidence level with a +/- 2.8% confidence interval.
As would be expected, response rates inversely correlate with company size: the larger the company, the lower the CEO likelihood to respond to the survey.
To control for this bias for average/median personal annual income and average net worth, statistical sampling using stratification of the data was used. We believe this method more accurately represents the readership.
Average PersonalAnnual Income
$1,124,335Before
$1,188,976After
Median PersonalAnnual Income
$470,285Before
$501,904After
AverageNet Worth
$8,834,012Before
$9,921,089After
9.3%
21.2%
34.5%
35%
11%
32.2%
42.1%
14.7%
$1 Billion +Company Revenue
$100 - 999.9 MillionCompany Revenue
$10 - 99.9 MillionCompany Revenue
Less than $10 MillionCompany Revenue
Circulation
Survey Respondents
9
CEG-Reader Survey Results.indd 9 2/6/2012 9:26:57 AM
2011 Reader Survey Report
Chief Executive GroupOne Sound Shore Drive, Suite 100
Greenwich, Connecticut 06830
CEG-Reader Survey Results.indd 1 2/6/2012 9:26:57 AM