Marketers’ disgust with online ad fraud has created an opening for our industry, but we’re not ready to take advantage of it. Our out-of-date, out-of-synch approaches to magazine advertising proposals are holding us back from taking advantage of this new opportunity.
Judging from my interactions with advertising sales reps, they’re seeing fewer digital-only RFPs these days and more media-agnostic ones. Marketers who were in the “print is dead” camp now seem intrigued with the ability of print to engage their most valuable prospects. But simply buying ad pages in general-interest magazines is not their idea of effective targeting.
In this environment, niche titles are holding up best because their readership provides a natural target for certain advertisers: An archery magazine is obviously a great place for a bow manufacturer to place its ads. (Still, that manufacturer may be shifting more of its dollars to a programmatic campaign targeted to people who have shopped online for crossbows in the last two weeks.)
These days, our magazines are mostly represented by two types of ad reps, neither of whom is equipped to do the job: 1) Print-only veterans who are out of touch with marketers’ ability to identify their prospects — and the kind of money they’re willing to spend to reach those prospects. Their idea of targeted advertising doesn’t extend beyond old-school demographic sections, such as women’s or affluent editions. 2) Multimedia reps, who are typically hired for their digital chops and have little, if any, print experience.
read more/source: http://www.pubexec.com/post/5-ways-publishers-can-hyper-target-print-like-digital-marketers/