print works. nancy detrixhe, mediaparade 2014
DESCRIPTION
Magazine media have the highest ROI in mediamix campaigns! They know how to capture their audience and they are very targetted: readers talk about 'my magazine'. That translates to advertising success. The average magazine budget in a mediamix campaign could be doubled before the effectiveness would diminish to the level of other mediaTRANSCRIPT
PRINT WORKS.
HIGH ROI
STRONG BRAIN RESPONSE
PRINT WORKS.BRAIN RESPONSE
EEG
Source: Erasmus Centre for Neuroeconomics van de Rotterdam School of Management, Erasmus University, Magazines.nl
Print works in 0.3 secondsWithin 0.3 seconds the consumer decides
whether a magazine ad is interesting or not. There is a very fast reponse in the
brain to seeing the ad.
Average brain activity for bottom 10 and top 10 ads;based on likeability for frontally (Frontal:F3,Fz,F4) and centrally placed electrodes (Central: C3,Cz en C4)
Brain response is closely related to the likeability of an ad
Ads that are highly appreciated, show the strongest brain response. Likeability probably is a good predictor of the
impact of an ad.
Brain response is related to brand awareness
The advertised brand also affects the successfulness of an ad. High brand
awareness ensures a fast brain response (recognition).
Ranking based on brain activity
Top 20
Bottom20
10 cross-media campaigns
Consumer
Questionnaire:
Radio, newspapers, TV, magazines, contacts and purchases (non-FMCG).
Electronic measurement:
Online and purchases (FMCG)
Return on Investment
Effect per medium
Cost based on Nielsen and Mediaxim gross figures
Highest ROI for magazines and newspapers
Success factors:
1)Together with newspapers, magazines generate the highest ROI of all media;
2)Internal pacing, targeting and fitting environment all leverage the advertising effect and increase ROI;
3)Sales oriented campaigns work relatively well in magazines;
Success factors of magazines
Laurent de Groof, Consultant GfK:“Hoewel op kleine schaal ingezet hebben de tijdschriften ons verrast. Net als bij dagbladen is internal pacing een succesfactor, alsook de doelgroepselectiviteit en het passende umfeld bij een advertentie.”
Source: Mediamixer, Magazines.nl
Insights
• Do not overspend on 1 medium; a well-balanced media mix puts all media to work to the maximum of their potential
• Optimization of OTS is important; (too) many exposures are not cost efficient (diminishing return on investment)
• Print deserves a bigger role in the media mix. Whether the objective is sales or branding, a good print ad with sufficient exposure will lead to an uplift in ROI.
Results of this crossmedia ROI study match magazine effects in
international studies.
International studies
• MEP GfK Germany: targeted media like magazines, deliver high ROI
• Sanoma Belgium based on GfK panels: magazine ads can deliver sales uplifts in the short term
• Meredith Corporation USA: every dollar invested in Meredith titles, delivered an ROI of $7.81.
• Magonomics UK: on average magazines realize a higher ROI than (most) other media
Magazines are rarely used to their full potential.
Improve your ROI today with a more balanced media mix!
E-mail: [email protected]: @magazinespuntnlFacebook: facebook.com/Magazines.nlLinkedin: magazines.nl groep