Reader analysis The small-circulation trade press lacks market data. That's why the publishers' association is supporting them with a new tool. The problem is an old one for the trade and specialty press: even titles that participate in Wemf's Mach Basic receive too little data material to be able to analyze their qualities and deficits in the reader market in a sufficiently representative manner. The circulations are too small, the target audience too specific and consequently the case numbers are often too low. Even breaking down the reach obtained by age or economic sector is sometimes questionable. But trade press publishers experience it again and again: those who do not report any or too little meaningful performance data have a difficult time in the advertising market. This is because customers want to know who is using a medium and with what intensity. And they want to compare the performance of media, especially those with similar target audiences. Until now, however, there has been no suitable tool for this. One industry or another has commissioned its own reach study (media analysis) from Wemf (such as MA Med or MA IT Business). But these have two disadvantages: Due to the required population, they often became too expensive to be carried out several times (example MA Med). Or the industry was unable to reach an agreement in the first place, which is why the MA IT Business, for example, ultimately degenerated into a commissioned study by a single publisher that was not accepted by the others.
Now the Swiss Press Association, under the leadership of the Q-Publication working group, has taken up this issue and, together with the market research institute IHA-GfK, has developed a new study system with which the individual trade journals can be analyzed relatively inexpensively (from CHF 6,800).
can make their services transparent to media planners and advertising managers - by sector and using a standardized questionnaire. The aim is "to provide specialist publishers with industry-specific, comparable and reliable information", said Ruedi Kaufmann, Head of Media Research at IHA-GfK. Of course, the studies should also meet scientific requirements.
In contrast to Wemf's media analyses, the new tool is called "Reader Analysis Trade Press". "It is not a reach study," clarifies Toni Vetterli from the association. This is because in a media analysis, for example for the tourism industry, all authorities, associations, restaurants and companies active in this sector would form the basic population. The population of the reader analysis for the trade press, on the other hand, would be based on the subscription bases of those titles
that take part in the study on specialist tourism titles. Each participating publisher must therefore hand over its subscription addresses to the IHA-GfK. The institute then draws addresses from the address file of each title and surveys 200 people (or more, depending on the order) using an online questionnaire. This contains a standardized section on the person and the information and
reading behavior and a second, title-specific section in which readers' opinions on the specific magazine are surveyed. The specialist publishers therefore receive socio-demographic data from the reader analysis as well as information about the importance of their title for the respondents. This also includes how a title is used and assessed. "On the one hand, the readership analysis for the trade press is intended to provide certainty when planning advertising budgets and, on the other, to provide editorial teams with a profile of strengths and weaknesses, which will confirm certain characteristics or encourage improvements," says Vetterli. It is also planned to repeat the reader analyses every two to three years for each sector.
Vetterli now hopes that the new tool will be accepted by the trade press: "By concentrating on a standard study, the trade journals make it easier for users, i.e. advertising clients and media agencies, to handle the study and evaluate the data," he says.
The new instrument has already been tested by 22 titles from the healthcare sector. Four further survey waves are planned for the other sectors next year. Although initiated by the Swiss Press Association and the Q-Publication specialist group, the new tool is not only available to association members. Non-members pay between 1000 and 2000 more to participate.
Markus Knöpfli
Why the IHA-GfK instead of the Wemf?
Publishers would actually benefit from the Wemf
There is no industry research organization available that would be predestined for surveys such as the new reader analyses. Nevertheless, the project team of the Publishers Association chose IHA-GfK after a call for tenders from three market research companies (excluding Wemf). But why did they invite tenders in the first place? Toni Vetterli explains this with the specific nature of the research project. "It was clear from the outset that this would not be a large market survey, but rather a number of smaller studies with an identical methodological basis," he says. For this reason, care was taken to ensure that the Institute's contact with the publishers would be as direct as possible, particularly with regard to obtaining addresses, additional questions or special evaluations. "However, as Wemf does not carry out surveys itself, but commissions institutes to do so, the handling would have been too complicated," says Vetterli. He continues: "We had a list of requirements tailored to the needs of the trade press. The main point was that the study should be cost-effective, scientific, applicable to all sectors and quick to implement." But with the Wemf
There was a regular exchange with Wemf to prevent the reader analysis from coming close to a reach study or being perceived as such. "Wemf research manager Harald Amschler even checked the questionnaire for the reader analysis," says Vetterli.