MPA President cites Websites as future revenue source
Speaking at a Magazine Publishers of America breakfast this week, John Griffin cited magazine websites as an important area for future advertising revenue. That's probably true. But I have to wonder what that says about the state of magazine industry.
One of the main reasons for buying advertising space in magazines is because the advertising is supposed to benefit from the relationship that a reader has with the title. I don't believe that a website is currently able to duplicate that kind of relationship. Without that relationship, website traffic may suffer. So why advertise on the website?
There seems to be a Catch-22 developing that media planners will have to be especially careful about. Future demographic research must account for the different relationships that online and paper-based readers have with magazines.
You can read the whole article at http://www.mediaweek.com/mw/news/recent_display.jsp?vnu_content_id=1003696620