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By Terro White on Aug 22, 2011 |Business
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Let’s face it the internet is getting to be the most popular medium nowadays. Aside from the wealth of information it conveniently provides, interactive experience is also an option. And this is something which the other media cannot deliver. The growing preference for the internet has taken its toll, especially in the ranks of print media. So what happens to magazines and magazine subscription deals, which were quite common a decade or two ago?
The Decline in Magazine Subscriptions
With more and more people opting for digital media, magazine subscriptions have plummeted. And this is to be expected considering that most of what magazines provide is available online. And this can be obtained with the minimum of fuss and expense. The telltale sign that magazines are losing their popularity is the noticeable advertising shift from magazine advertisements to internet marketing.
But the declining preference for magazines is not only attributable to the internet. EBook readers and other digital devices have also impacted on this trend. These tablet-like gadgets allow piles of books and magazines to be conveniently stored in a memory card.
At the same time, screen brightness and resolution, as well as font size may be adjusted for the most pleasurable reading experience. Advances in digital technology may impinge further on the already dwindling market share of magazines.
The growing ecological awareness and the move towards a paperless environment have their repercussion as well. Those who espouse saving the environment prefer not using paper since fewer trees need to be cut thereby lessening ecological imbalance.
All these factors contribute to the decline in magazine subscriptions. Does this mean that this media will become extinct any time soon?
A New Lease of Life for Magazines
In order to stave off extinction, publishers have become more aggressive in their marketing strategies. Many of them have adapted the following:
1. Magazines use the internet for advertising and promotion. Ironically, its nemesis has helped provide it with a new lease of life. Publishers are now actively offering magazine subscription deals online thereby taking advantage of the internet’s widespread popularity. Many people are now availing of these online offers rather than going to newsstands and bookstores to get a subscription.
2. Magazines are now more specialized. The original publications were general interest in nature, wherein any reader is likely to find a suitable article but the remaining materials may not be to his liking. Today’s magazines cater to a specific topic or reader interest. For instance, you will find a magazine, not just on photography, but on outdoor photography. The whole magazine will have materials – articles, advertisements, etc. – specific to outdoor photography. Hence, magazines now cater to a specific market segment, and they give more value for the particular individual’s bucks.
3.Magazine prices are more competitive. This is in recognition of cheap internet access in many areas. Magazine subscription deals offer discounts of up to 85% off newsstand prices. Some of these are tied up with coupon codes, which make them even more affordable.
4.Magazine purchases can be done online thereby making subscribing to a magazine a lot more convenient. Whereas filling out a subscription card and mailing it to the publisher with your check was the procedure in the past, transactions can now be done online using your credit card as the mode of payment. Then simply wait for the delivery to arrive.
Magazines are here to Stay, For Now
The market share of magazines has been eroded, but this type of printed media is still alive and kicking. Admittedly, the internet has played a major role in giving it a new lease of life. If not for the internet marketing done by publishers, magazines would be gasping their final breath.
But given the product awareness provided by the internet, as well as the competitive pricing and specialized approach, a solid market niche for magazines has been created. After all, you do not expect your hairdresser to provide you with a tablet or netbook to keep you pre-occupied while waiting for your turn. In all likelihood, you will be handed a magazine. If you are looking for a bring anywhere reading material, your eBook reader will not be your first choice. It is likely to be a magazine of your interest.
Magazines still address a particular need. And if you are looking for magazine subscriptions Canada, search the net for the best deals. You’d be surprised how much cheaper your favorite publication is online versus newsstand rates.
Acclaimsubscriptions.ca is a site offering the best deal on magazine subscriptions Canada. If you are looking for discounts and other magazine subscription deals, check out this website.
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