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Seriously..with the web who really needs mags? Twitter for news updates..the riders are pretty much their own PR machines thanks to twitter and facebook IMO.
technology is disrupting ALOT of markets
The more subscriptions (readers) you have, the more you can charge for the ads. Or is it, the more you charge for the ads, the more subscribers you can attract with low subscription rates? Hmmmmm.
as someone who works in marketing and deals with analytics, i am pretty positive the magazine will be like the phone book in a few years if it hasnt happened already..and i like magazines ALOT but find myself reading them less and less.
i also heard the podcast w/ matthes and guyB..the guy who owns Vital media left Transworld and started this network for a reason.
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Subs are a finite # and pretty much dictate the prices for ads that go in a mag. The more subs and newsstand sales - the higher the ad rates. Yet there is a fine line when it comes to giving away subs. If they are so cheap then anyone that likes motorcycles might buy a sub - heck they might not even ride. Advertisers run ads to sell products - yet if 20-50% of the subscribers don't buy hard parts and only Monster and Rockstar hats and T-Shirts, cost per impression to potential customers to a company such as Pro Circuit gets more expensive.
Also the cost to print and mail a magazine is not free - a cheap sub such as $17 for 3 years means it leaves .47 cents to print and ship a magazine. Advertising has to pay for the printing, the shipping, the building, computer system, editors, the art directors, commissions to ad sales people and the list goes on. $17 for a 3-year sub and if you subtract the ad revenue, and factor in printing and shipping – they lose money. In a nutshell, they are paying you to read their magazine, the sub is free and they charge you less than half of what it costs for postage. Try shipping a mag standard mail to a buddy sometime – it could cost you a few bucks or more.
As a former magazine owner, editor and publisher it is not an easy game and now the game is getting more difficult year after year. Vital writes its own magazine everyday – (some of the contributing editors ((members)) have no clue what the heck they are talking about but for the most part the news gets out there). Yet, even Vital has to pay the bills with advertising. Internet adverting impressions is another new game – yes they might drive tens of thousands of impressions but how many of those viewers are actual potential customers? Since the internet is mostly free, tracking impressions or views is easy but figuring out who is watching and are they customers is more difficult.
I hope print does not totally die but I bet there are those few that will forever covet their 8-track tape deck and their favorite Creedence Clearwater Revival tape while driving their El Camino. If TWMX wants to give away free subs, .47 cents shipping per copy and you advertise for them by wearing their T-shirt - more power to them.
Thanks Transworld!!
Interesting comments, srmscott. Thanks for sharing.
I just appreciate a good writer and the feel of the magazine in my hand.
Plus, taking the iPad into the bathroom with me just isn't the same.
Reading an online Mag just isn't the same as the real thing. Its a shame they will be gone soon but what you going to do.
I know kids whom I play Xbox live with who don't even know what's arcade is. That's just another example of a life experience I'm glad I got and I'm sorry today's youth don't get to experience.
Pit Row
Haven't got my two pair yet. Waiting patiently.
I miss the old SMR mag big time , you put out a very high quality publication.
It's insane how much the internet is changing our worlds. I run a remote control hobby store and the ONLY way to stay open is to have a race track (or 4 in my case, 3 indoor to deal with the shitty midwest climate and 1 outdoor for nice days). There IS money in racetracks because
1. You can't really race online. Never will be the same.
2. I have the track on my land. Low low overhead.
Other than that, internet business has destroyed the "brick and mortar" type shop I run.
Bottom line, it's interesting. I try to stay positive about it and it's honestly INNOVATE OR DIE.
I plan on living.
2. I love print mags.
3. TWMX is a nice mag, but I can burn through (even reading the little ads in the back) an entire issue before my lunch break.
Major price difference as usual the rest of the world gets FUC*ED OVER
The wrecking crew has a methodical method for testing that is effective and accurate IMO.
Post a reply to: 3 Yrs TWMX for $16.97 ???