To the digitally devoted, the idea of print marketing might seem like something from a bygone era.
But rest assured – print is not dead.
Inevitably, the medium has had to move over to make room for the explosive rise of digital, but it’s far from becoming a niche format. Some traditionally digital based companies have even started to see the benefits of producing printed magazines or content rich brochures to market their brand (more about that later).
As Content Marketing Institute founder Joe Pulizzi stated as far back as 2012, print may have become the new ‘non traditional’ marketing strategy; for content marketers at least.
In this article I want to explore how print should still have pride of place in any marketing drive and how it can actually work in unison with digital platforms in the marketing mix through cross pollination.
We’ll begin though by looking at some rather revealing statistics.
According to the CMI’s annual report in 2015
the top three paid advertising methods in the B2B sphere in North America were Search Engine Marketing at 66%, Print or Other Offline Promotion at 57% and Traditional Online Banner Ads at 55%. This single stat alone should make it clear that the bottom has definitely not fallen out of print advertising in financial terms.
Of course this doesn’t say anything about print’s efficacy as a marketing medium when compared to digital. There are a couple of interesting studies that do however.
The first is a survey conducted by Nielson in 2014 looking into the retail sector and how US consumers arrive at purchasing decisions. The results were unequivocal in presenting the power of printed materials over digital in this area, with 56% of consumers surveyed citing mailed materials as the chief source of information used to make purchasing decisions (some 20% higher than the nearest digital influencer).
Print also has the power to influence B2B end-users, with 45% of those polled in a 2013 ABM survey stating their regular sources of information to obtain business information were magazines. When looking for info on new products or services this rose to 69%. In this second instance, print magazines were just 11% behind websites.
None of the surveys I’ve cited should be reason to abandon your digital marketing strategy of course; just as evidence showing the efficacy of digital shouldn’t be reason to reign in your print marketing budget. As I have made clear in the past, there are many reasons not to cut back on your print marketing budget, regardless of the attraction and scalability of digital.
Below are a few techniques to help you not only make the most of both approaches, but encourage cross-pollination across media, driving and tracking consumers from print to digital and vice versa:
As I’ve mentioned, magazines are being seen by some digitally based companies as the perfect medium for content marketing, despite the increased costs associated with production.
Whilst magazines are far from the only option when it comes to creating offline content, they do offer some very interesting case studies with some very prominent digital companies deciding to use them. Below are some examples:
Air BnB released its quarterly travel magazine Pineapple, sending 18,000 copies of the first issue to its registered hosts worldwide.
Net-a-Porter launched its bi-monthly fashion magazine Porter in 2014.
CNET launched its quarterly print magazine of the same name in 2014, which will regularly include exclusive content that won’t feature in its digital publication until a later date.
Clearly these companies aren’t abandoning the digital marketing model, given that they are digitally based companies, but are instead utilizing the power of glossy high-quality print magazines to promote their brand and encourage greater takeup of their core online offering.
The payoff from print and digital approaches might at first seem mutually exclusive due to their fundamental difference as mediums of communication. And compared to running two digital strategies alongside each other, the potential for analytical convergence and cross-pollination will inherently be more limited.
But, as we’ve seen, there are a number of techniques that allow print and digital to work together and produce joined up marketing that is greater than the sum of its parts.