The printed page—in magazines and newspapers—provides a unique, flexible medium for advertising creativity.
In selecting magazines for advertising, the media buyer must consider a publication's circulation, its readership, its cost, and mechanical requirements. A magazine's rates may be determined by several factors: its primary and secondary readership, the number of subscription and vendor sales, and the number of copies guaranteed versus those actually delivered.
Magazine rate cards follow a standard format so advertisers can readily compare advertising costs. They list black-and-white and color rates, discounts, issue and closing dates, and mechanical requirements.
Magazines offer distinct advantages. They are the most selective of all mass media and are flexible in both readership and advertising. They offer unsurpassed color, excellent reproduction quality, authority and believability, long shelf life, and prestige at an efficient cost. However, they often require long lead times, have problems offering reach and frequency, and are subject to heavy advertising competition. The cost of advertising in some magazines is also very high.
The newspaper is a mass medium read by almost everybody. It offers great flexibility, which assists creativity, and its printed message lasts longer than ads in electronic media. However, newspapers also have disadvantages: lack of audience selectivity, short life span, poor production quality, heavy advertising competition, potentially poor ad placement, and overlapping circulation. Still, the newspaper is the major community-serving medium today for both news and advertising.
The newspaper's rate card lists prices, deadlines, mechanical requirements, and other pertinent information. Rates vary for local and national advertisers. Also listed are the newspaper's short-rate policy, combination rates, frequency discounts, run-of-paper rates, and other data.
Print is a worldwide medium; every country has newspapers and magazines. The international advertiser may have to choose between local and international media. The most educated consumers in many countries often read English-language publications. Political changes in eastern Europe spurred the introduction of many trade and business publications in the local language. Advertisers must study the audience they wish to reach before buying any media, whether at home or abroad.
Newspapers and magazines are making alliances with cable, regional telephone, and online computer companies to enter the interactive information market. They are still experimenting with ways to sell advertising on their electronic publications. Some experts believe that the convergence of text, video, and graphics will cause a creative revolution in advertising, with targeted, information-rich messages able to lead consumers step by step to a transaction without ever leaving home.