More than 70% of US print publishers in a recent survey say that mobile is receiving more attention at their publication this year than last, though only about one-third believe they have a well-developed plan for attacking and conquering the mobile market, according to the Audit Bureau of Circulations (ABC), which conducted the research.
The study, “Going Mobile: How Publishers Are Preparing for the Burgeoning Digital Market,” (pdf) found that most publishers are already focusing on the mobile market or planning to do so soon in an attempt to expand their brands, reach new audiences and generate additional revenue.
Nearly 60% of newspapers and more than 40% of consumer magazines and business publications already format their sites for viewing on mobile devices:
Almost one-third believe that mobile will have a significant impact on their publication’s revenue in just three years. Most respondents believe that mobile will be responsible for a five to 50% increase in website traffic in the next three years.
Key survey findings:
ABC said the report findings further highlight mobile’s important and growing role in the digital advertising and publishing market.
“Publishers recognize the growing importance of mobile devices in consumers’ lives and are actively embracing mobile as a new way to extend their brands,” said Michael Lavery, ABC president and managing director. “We continue to hear from newspapers and magazines as they integrate mobile into their digital publishing plans.”
Future Trends
After an analysis of the survey data, ABC also noted that newspapers and magazines are betting on both smartphones and e-readers as delivery platforms, and that early business models will likely be based on a combination of advertising and subscriptions. Advertiser demand for accountability is also expected to grow as ad spend grows.
About the research: In response to an increase in publisher inquiries about auditing and reporting requirements for e-readers and smartphones, and membership growth from firms targeting digital publishing markets, ABC and its digital subsidiary, ABC Interactive, conducted an online survey of its print publisher members. The research was conducted via a voluntary web-based survey fielded from June 25 - July 10, 2009.