Popular Science has sold 10,000 iPad magazine subscriptions
When Apple introduced its new subscription terms earlier this year, Popular Science embraced this change and introduced subscription-based billing into its iPad-based magazine. Now that six weeks have elapsed, publisher Bonnier Technology Group is happy to report that Pop Sci now has 10,000 iPad subscribers. Each subscriber pays US$14.99 for one-year of access to the magazine's digital content.
Gregg Hano, VP-group publisher at the Bonnier Technology Group, says the publisher had no idea what to expect when it launched its magazine subscription and is "very excited" by these early results. Though this 10K figure is small compared to the 1.3 million paid print subscribers, it is a step in the right direction for the publisher.
The biggest drawback to Apple's subscription model is the lack of subscriber information provided to the publisher. Subscriber information stays within Apple's iTunes system, and Hano admits the publisher currently has no demographic information on the individuals purchasing its digital magazine. Continued growth may require the publisher to develop an alternative method to find out who is buying and reading its iPad magazine.
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When Apple introduced its new subscription terms earlier this year, Popular Science embraced this change and introduced...
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I'm OK with Apple passing on some basic demographic characteristics -- age, gender, zip code, etc.
I don't really consider a computer aggregating generic demographic characteristics about me to be a violation of my privacy. And if it means I get to see demographically relevant ads instead of Lipitor and Depends, then so much the better.
One way to get demographic info would be to give away magazines. Fill out a survey, get a code for next months magazine free.
March 31 2011 at 11:50 AM Report abuse Permalink rate up rate down ReplyIf only they could include a little business reply survey card that falls out when you pick up your iPad.
10k users at $15 a year equals $150,000 a year income. That is by no means enough to justify all the extra effort they have to put into the iPad release (as long as you only look at the bottomline, not at the promotional value of it), let alone to be able to sustain the magazine in an all-digital form (which would be downright impossible with these numbers).
This article sounds like they have a big success, but that is only the case compared to other companies who are not even getting 10,000 users.
Calling it a business success in itself is idiotic, at these numbers and prices PopSci is losing money with their iPad version, I am convinced.
If the digital version is costing them more than $150K per annum then they are doing something mighty wrong.
March 31 2011 at 10:37 AM Report abuse Permalink rate up rate down ReplyI would assume that the bulk of the cost would be the initial setup, not in the continued sustenance of the service. And like iGlad says, if it's costing them $150k, they're doing something very wrong.
Plus, this is $150k in revenue after *six weeks* (which is why "[t]his article sounds like they have a big success." It's entirely unreasonable to assume that the 10k subscriber total will suddenly plateau.
I'm forever confused by the app store model of publishing magazines versus the Zinio route. I get it from an Apple perspective. However, several magazines - including Popular Science publish in both forms. I subscribe via Zinio. Why would I want to subscribe via App Store? The content appears to be the same. All confusing and as they come from different publishing groups, it is difficult to get a clear answer.
March 31 2011 at 9:59 AM Report abuse Permalink rate up rate down Replydigital content can have video and audio content as well. I read a digital version of a yachts magazine and they have nice video tours of the yachts right in the magazine itself right along with text content.
March 31 2011 at 11:13 AM Report abuse Permalink rate up rate down ReplyI like PopScience but I do not understand why the digital form is more expensive that the print model. With all the distribution and cost of printing I would think that it is more expensive that way. I can get PS home subscription for about half what I would pay for a digital one.
I think that all of these companies are see who would be silly enough to pay more money for something that is readily available cheaper. Just to have this on an iPad is plain silly.
I wonder how many subscribers Murdoch's rag has?
March 31 2011 at 9:51 AM Report abuse Permalink rate up rate down ReplyI dropped The Daily after the two-week demo. I liked it OK and $0.99 isn't a bad price, but two criticisms:
1. It was no more indispensable to me than other news sites that are available for free.
2. The publishers did not bag any major writer or blogger that I felt I would miss if I didn't get to read them regularly.
If more of the major news publications suddenly went behind pay walls, I would probably give The Daily another shot.
If you do not "Twitter" can you still get those extras?
March 31 2011 at 9:49 AM Report abuse Permalink rate up rate down ReplyConsidering that, according to this article, they already have 1.2 mil subscribers in print, 10k electronic subscriptions is just the start. How many of the analog subscribers will go with this when the paper sub runs out?
Good for Pop Sci for realizing that you cannot charge a premium for pixels over paper.
Keiser
Looks like a step in the right direction. You can still get the print subscription cheaper from their website (and even cheaper elsewhere), so IMO they have some work to do before the pricing feels right to the average consumer, but I'm liking it so far.
Beats the heck out of the ridiculous $5/issue they started selling last year.
They seem to understand what digital content is about and how to price it appropriately unlike some of the newspapers who appear to be in cloud cuckoo land with regard to pricing such as the NYT and the Times (UK). I'd love to read the NYT on my iPad but not for $5 per week. I just don't understand these companies they must surely know they have a global audience but don;t seem to want to cater for it.
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