The Ultimate Guide to Selling Magazines
Ask anyone in the publishing industry (in general) about the challenges facing traditional print publishing. You’re bound to hear all about the digital revolution and its impact on printing costs and demand for printed publications. The digital and print magazine marketplace is no exception. Yet, despite these “challenges,” the magazine publishing market is thriving and expected to grow at an 11% compound annual growth rate (CAGR) from 2024 to 2031. With consumer demand and steady industry growth in the cards, you want to use the best strategies to ensure your magazine is profitable. If you want to learn how to sell magazines, you’re in the right place. We’ll cover what makes a magazine profitable, along with five strategies you can use to sell your magazine successfully!
Are Print Magazines Still Viable in a Digital World?
Print magazines remain in high demand despite our digitally enhanced world. After all, consumers still want a satisfying reading experience without all of the ads or pop-ups disrupting them. But will increasing digitalization completely take over? It’s doubtful, considering the unique benefits print magazines offer and the strong demand for those benefits by an ever-growing consumer base.
Print vs. Digital: Understanding the Market
Printed and digital magazines each have perks and downfalls (more about those below). Despite rampant digitalization, print magazines hold their own, especially with specific audiences and niche uses.
If you find yourself flipping a coin between going with a print or digital magazine, it’s best to weigh the pros and cons of both when learning how to sell magazines. Let’s start with printed magazines.
Printed Magazines
Pros
- Doesn’t depend on a charged device or Internet connection to enjoy
- Showcases high-quality pictures and ads if you choose a superior professional magazine printing service.
- Offers a tangible reading experience without distractions
- Superior advertising potential compared to digital magazines.
- The price point is higher per print magazine than digital, giving you higher revenue potential.
Cons
- They’re less eco-friendly than digital magazines, but you can always choose sustainable paper and stock.
- Higher printing and distribution costs
Digital Magazines
Pros
- Convenient and accessible on the go.
- Limited distribution costs
- Never runs “out of stock.”
Cons
- Not ideal for advertising
- The reading experience is at the whim of the technology (e.g., delays, download requirements, etc.).
- Some may have a difficult reading experience that requires zooming in or out, frozen screens, etc.
Hybrid Publishing: The Best of Both Worlds
Of course, there’s no need to settle for one over the other when you can experience the benefits of both print and digital magazines. Offering a digital version of your printed magazine would mean reaching an even broader audience and not worrying as much about enterprise-level printing runs or future re-prints.
Plus, you can give members of your audience exactly what they prefer. For instance, you can offer premium, high-quality print magazines to a clearly defined audience who prefer a more tactile reading experience. And, then dole out digital subscription options (or an alternative distribution) to everyone else.
5 Key Strategies to Sell Your Magazines Successfully
Are you ready to take your magazine sales to the next level? In today’s ever-evolving market, standing out and connecting with readers is more important than ever. Whether you’re a publisher, an indie creator, or just diving into the world of print, these five powerful strategies will help you attract readers, grow your audience, and boost your sales.
1. Leverage Digital Marketing and Social Media
Digital marketing, especially email marketing, remains in vogue for many businesses. Creating email campaigns to directly contact your customers (or engage in new customer outreach) is a solid way to learn how to sell magazines by getting the right eyes on your publication. However, using social media to your advertising advantage is often more affordable than traditional email campaigns.
With 63.7% of the global population using social media, you’d be remiss not to leverage it to reach your audience and boost magazine sales. Simply setting up a business account on Facebook, Twitter, Instagram, or TikTok will give you access to your target audience at a low, out-of-pocket cost, if not for free, in some cases.
Here are some basic and affordable ways you can use social media for selling magazines:
- Create and schedule unique magazine-related content (e.g., article previews) on any platform.
- Pay for pay-per-click advertising on Facebook and other platforms to boost visibility.
- Reach out to and connect with influencers and others in your field who can spread the word for you.
- Take a page from the Book Tok trend on TikTok, by creating a marketing strategy on TikTok.
- Encourage user engagement and “sharing” by sponsoring contests and giveaways to spread the word.
2. Build Partnerships with Retailers and Distributors
No matter how digital our world becomes, when learning how to sell magazines nothing beats building partnerships and making connections the old-fashioned way. Getting to know the owners or managers of your local bookstores, specialty shops, or even big-box retailers can spread the word about your magazine on a grassroots level.
Sounds easier said than done, right? Here are our top tips for building those partnerships and sustaining them down the road:
- Research the local shops that carry independent magazines or could be carrying them and make contact.
- Build cross-promotional partnerships with others in a similar or adjacent field where you can tap into an already built-up audience.
- Offer to host magazine subscriber-only events that will benefit you, the retailer, and your subscribers.
3. Offer Subscription Models
Subscriptions aren’t just for weekly meal kits and TV streaming services. They’re a highly effective way to create a consistent (and predictable) revenue stream for your magazine publication. This is one of the main reasons we’re seeing a significant rise in subscription models across multiple industries.
Think about it – your subscribers are demonstrating they want your magazine for X number of months or issues, not just a one-off purchase. Offering a subscription allows them to pledge their loyalty to your magazine content. And, in return, you can reward that loyalty by offering subscriber-only content access or other perks to inspire resubscriptions/continued loyalty in the future. This is a great tactic to use for your magazine and will help you get ahead of the game of “how to sell magazines”.
4. Create Bundles and Special Offers
Who doesn’t love a bargain or special offer? Incentives are an extremely effective way to maintain subscriber loyalty and attract new readers to your magazine. Consider hooking up your readers with the following when you sell your magazine to them:
- Extra or exclusive content each month or every X number of issues.
- Special welcome gifts for new subscribers
- A digital subscription to accompany their print subscription
- Seasonal or loyalty extras, and more.
Not only do these bundles and offers show them you appreciate their loyalty, but you stand to benefit in more ways than one. Although, on the surface, you might think that promotional offers and promotional pricing will have a negative impact, au contraire. They can boost subscriber loyalty and increase your magazine sales, further strengthening your magazine’s return on investment (ROI).
5. Invest in High-Quality Design and Content
Giving your audience the targeted content they’re after is one thing, but ensuring your magazine reflects your brand’s aesthetic and ethos is another. While it’s easy to believe nobody will judge your magazine by its cover (or inner pages), the fact is that you want its design and aesthetic to grab their attention and keep them reading.
Providing engaging, well-targeted content that’s easy on the eyes will also attract (and retain). One of the most effective ways to create eye-pleasing content is to use professional magazine templates for a consistent, polished look across all issues. Templates make a difference between someone just starting to sell magazines and someone who has been in the magazine sales industry forever.
A New Model for Print Magazine Distribution
Direct-to-Consumer Sales
Taking advantage of your in-house or local resources for direct-to-consumer (D2C) sales can help you keep marketing costs low and your ROI high. What might this look like in practice? For one, your company’s website (or a dedicated site for your magazine) will allow you to reach potential subscribers directly. You can create a separate landing page or a clear call to action encouraging site visitors to sign up for your magazine.
Partnering with the right e-commerce platform that aligns with your shipping distributor is another easy way to conduct D2C sales when learning how to sell magazines. Payment is done through the platform, and your readers will receive their magazine content without fuss.
Finally, don’t forget about the power of local trade shows or customer-facing events where you can engage in direct sales the traditional way. Plus, you’ll meet your potential or existing subscribers face-to-face where you can entertain their content-related questions or give them a sneak peek/insights about future content down the line.
Digital Marketplaces and Subscriptions
Tapping into new subscriber bases is one of the top benefits of using a digital marketplace to handle your digital magazine distribution. From Amazon to Issuu to Zinio and more, you can reap a lot more benefits than subscriber outreach, including:
- Improved awareness for your magazine content (and brand)
- Higher value proposition
- The ability to reach diverse audiences for your magazine that you otherwise couldn’t via independent distribution.
What Makes a Magazine Profitable?
Monetizing Through Advertising
We’ve all seen printed and digital advertisements in magazines. There is tremendous revenue-generating potential in offering (selling) advertising real estate on your magazine’s pages (or cover) to other businesses or products that want to flex their marketing outreach. It’s a win-win situation for you. They’ll pay for that slot (therefore boosting your magazine revenue) and for them because their product or service will reach a new-to-them audience.
But how do you find the right advertisers that will want to grace the pages of your magazine? Follow these top tips:
- Contact your professional association, peers, industry experts, and other insiders to offer ad placement.
- Trade-off (instead of charging for) advertising opportunities with another industry professional.
- Engage in affiliate marketing on your digital magazine site.
Finding the Right Pricing Model to Sell Magazines
Stamping a price point on your magazine involves more than knowing your audience or running a production-cost analysis. Pricing is a balancing act, where you must consider several factors to zero in on right the price (and pricing model) that will make your magazine profitable. Consider the following as you make that decision:
- Determine what your content is worth vs. its perceived value in a competitive landscape.
- Study the competition and their price per issue.
- Assess your target audience and determine what they’re willing to pay for your content.
- Adjust for inflation accordingly.
- Make it a habit to stay up-to-date on ongoing market trends so you can make adjustments (e.g., with your revenue targets, etc.).
You can lean into a flexible pricing strategy like a pay-per-issue, a tiered subscription model, or even rolling out content bundles to help you turn your magazine into a profitable venture in the long run.
Cost-Efficient Production
When it comes to printing a magazine and learning how to sell magazines, you may have concerns about production costs. But, really, you shouldn’t. There are plenty of ways to keep the cost of production low without sacrificing the quality of your magazine publication.
One of the best ways to keep your production costs down is to produce your magazine in bulk. Thanks to economies of scale, the higher the quantity you order, the lower the price per unit, streamlining the production process so you’ll reap the savings.
However, if you plan to stick to a small-scale magazine printing run, you can always:
- Choose affordable paper or stock for your magazine without interfering with its aesthetic.
- Opt for an affordable binding option (e.g., saddle stitching) to save money.
- Forego premium design additions and cover coatings that can drive up the price.
Maximize Your Magazine Sales with the Right Strategy
At the end of the day, you want your magazine to land in the hands of the customers who need it (and will benefit from it) the most. Following our top strategies like taking advantage of omnichannel marketing and investing in high-quality design and content for your magazine will set you up for long-term success for your publication.
Learn how PrintingCenterUSA’s magazine printing services can bring your magazine to life and make it a rewarding and profitable journey for you and your readers.