Rogers offering gives brands presence on magazine covers
Content
group's new initiative will partner with advertisers on editorial content
Chris
Powell June 01, 2015
Rogers
Media’s publishing unit has introduced a content marketing offering
that will include the names of advertisers on the cover and table of contents
of both its English and French titles.
Unilever
Canada and Lexus/Toyota are among the program’s first advertisers, the latter
partnering with Maclean’s, L’actualité, Sportsnet Magazine and Canadian
Business on an editorial series that is still in development.
Unilever,
meanwhile, is partnering with Chatelaine on a program promoting the
Hellmann’s “Real food movement” that will appear in the magazine’s July issue.
Several other deals are currently “on the one-yard line” said Christopher
Loudon, director of content solutions with the publishing unit.
Loudon
told Marketing that advertisers’ cover presence is restricted to text
attached to a headline. There are no plans to incorporate advertiser-related
imagery.
The
initiative opens up an editorial environment historically off-limits to
advertisers. The package can include additional pages of adjacent advertising.
Loudon did not disclose specifics on rates.
The
new offering features all of the hallmarks of sponsored content, with content
developed by Rogers’ editorial teams with advertisers’ objectives in mind. The
plan is to have content be labelled as “presented in partnership with” and to
be written and edited with no advertiser input.
Rogers
began developing the program in February, with the first client presentation
occurring in April. In that time, the company’s senior executives met with
publishers and editors to determine what Loudon described as “the rules of
engagement” for the program.
“For
them this is quite a step forward… and the [100%] agreement around the table
was that this is not only an essential evolution, but an important revolution,”
he said. “They’re used to doing co-branded and advertorial content, and they
understand that this is a logical amplification that is not only breakthrough,
but essential.”
Steve
Maich, senior vice-president and general manager, publishing for
Rogers Media (which owns Marketing), said it is important for publishers
to be proactive as print advertising revenues continue to fall.
In
its most recent ad spend forecast, global media services firm ZenithOptimedia
noted that erosion of Canadian print magazine advertising “accelerated” in
2014, falling 15.5% to $483 million following moderate declines in the previous
three years. The report called for further erosion of 10% per year through
2017, when magazine spending will stand at $350 million.
Maich
said it is imperative for publishers to tackle the problem head-on. “Given the
rapidly changing media landscape, and [the] impact it’s had on the advertising
business model, I would have grave misgivings about sitting back and doing
nothing as print readership continues to decline and print ad budgets wither.
“I
think it’s my job to keep looking for ways to work with advertisers so that our
brands thrive financially, remain competitive, and can continue to produce
great stories and vital journalism that serve the needs of our readers. If I
wasn’t doing that, I wouldn’t be doing my job.”
Falling
ad revenues have made publishers more receptive to advertising that pushes the
traditional boundaries of church and state. U.S. publisher Time Inc. introduced cover ads last year, permitting
small ads near the mailing label on titles including Time and Sports
Illustrated.
While
Maich said being on the cover and table of contents can provide “immeasurable
value” for advertisers, he said the program’s true value is in advertisers’
ability to work collaboratively with Rogers editors to develop content that
aligns with the publisher’s major editorial pillars.
The
program appears to contravene some of Magazines Canada’s Advertising-Editorial Guidelines, as currently
written.
The
section relating to covers in the “Advertisers” section reads: “No
advertisement may be promoted on cover of the magazine or included in the
editorial table of contents, unless it involves an editorially directed
contest, promotion or sponsored one-off editorial extra.”
A
separate section, relating to special advertising sections, reads: “No special
advertising section may be promoted on the publication’s cover or included in
the editorial table of contents.”
Maich
said those guidelines were developed for what made sense for the publishing
industry at the time, and need to be updated to reflect the evolution of the
publishing landscape.
“We
know that maintaining the trust of our readers is paramount, and to me that
means full transparency and honesty with readers on our relationships with
advertisers, which we’re committed to doing,” he said. “Once a media brand
adheres to this, you can then continue to innovate with clients to deliver
effective messages that both meet their business objectives and deliver
compelling stories to audiences.”
Loudon,
meanwhile, predicted that directed content would eventually eclipse standard
ROP advertising as advertisers move away from an advertising model that has
favoured proximity to compelling content to being part of the content itself.
As
the country’s largest magazine publisher, Loudon acknowledged that Rogers could
potentially be ushering in a new era for print advertising.
“Obviously
the industry is going to take notice and either react in kind or come up with
its own version of content,” said Loudon. “It will be an interesting growth
period.”
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