Ringier now also rewards direct booking agencies
Ringier announced that, from July 1 through December 31, 2006, it would, on a trial basis, «pay a commission to all media agencies and clients who book their orders directly, without going through an intermediary.».
On Thursday, media agencies will receive mail from Ringier magazines in their letterboxes. In it, the Group announces that from July 1 to December 31, 2006, it will compensate all media agencies and customers "who book their orders directly and without the involvement of an intermediary with a commission" on a trial basis. The compensation amounts to one percent of the annual net/net turnover on advertisements and inserts - in a total of 15 Ringier magazines as well as in Cash and also in the future Cash Daily.
The only exceptions to this rule are Gesundheit Sprechstunde, Sportmagazin and the newspapers Blick, SonntagsBlick (including the magazine Sie + Er) and Heute. The letter also specifies two further requirements: The minimum annual turnover in the permitted titles must total half a million Swiss francs, and the direct booking agencies and customers must ensure a professional booking process and assume responsibility for document, publication and quality control.
With this step, Ringier is now the second Swiss media company with a "direct booking fee". Tamedia had already introduced such a fee a year and a half ago - with slightly different rules: Werdsträssler pays 1.5 percent, but only from an annual volume of one million francs. If the turnover also exceeds that of the previous year, Tamedia even grants four percent.
Markus Knöpfli
Read the interview with Thomas Passen, responsible for the reader and advertising market at Ringier Magazines, in the current Werbewoche No. 25 of June 29, 2006.
