2011 readership study

11
Reader Survey Report CEG-Reader Survey Results.indd 1 2/6/2012 9:26:56 AM

Upload: chief-executive-group

Post on 07-Mar-2016

214 views

Category:

Documents


0 download

DESCRIPTION

Analysis of theChief Executive reader, company size, job title, loyalty, level of involvement in purchasing decisions, demographics, lifestyle & net worth

TRANSCRIPT

Page 1: 2011 Readership Study

Reader Survey ReportCEG-Reader Survey Results.indd 1 2/6/2012 9:26:56 AM

Page 2: 2011 Readership Study

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

Page 3: 2011 Readership Study

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

Page 4: 2011 Readership Study

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

Page 5: 2011 Readership Study

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

Page 6: 2011 Readership Study

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

Page 7: 2011 Readership Study

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

Page 8: 2011 Readership Study

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

Page 9: 2011 Readership Study

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

Page 10: 2011 Readership Study

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

Page 11: 2011 Readership Study

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