Question about starting a magazine | TigerDroppings.com

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meauxjeaux2
Boise State Fan
watson
Member since Oct 2007
46839 posts
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Question about starting a magazine


Friend on the Northshore is wanting to start up a local magazine. He's inquiring about a local print press.
I told him he needs to find a market analyst to sit down with and come up with a game plan.
Any suggestions I can pass along to him?
Thanks.







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PlanoPrivateer
LSU Fan
Frisco, TX
Member since Jan 2004
1339 posts

re: Question about starting a magazine


He needs to be able to sell a lot of advertising.





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WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: Question about starting a magazine


quote:

Friend on the Northshore is wanting to start up a local magazine.


Does he know that it's 2012 and that there's this thing called the internet?






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Breadcrumbs
LSU Fan
Baton Rouge
Member since May 2005
2864 posts

re: Question about starting a magazine


One magazine in BTR goes to print in TN, I believe.





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TheRig
Arkansas Fan
Basketball School, AL
Member since Aug 2011
24667 posts

re: Question about starting a magazine


A hard copy magazine isn't going to sell locally in that size of a market. It'll be hard to find a large enough audience that is interested in the specific topic of your friends magazine.

He'd be better off creating an online blog w/ an iPhone app for readers and such.



This post was edited on 10/3 at 9:11 am


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TigerinATL
New Orleans Pelicans Fan
Member since Feb 2005
32974 posts

re: Question about starting a magazine


He either needs to include very useful and unique content, or he needs to build his business model around giving it away free at grocery stores. He'd probably be better off starting up a web site around this niche than a magazine.





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meauxjeaux2
Boise State Fan
watson
Member since Oct 2007
46839 posts
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re: Question about starting a magazine


we discussed the website idea and he's stuck on magazines right now. Thanks for the input.





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VABuckeye
Ohio State Fan
Oak Hill, VA
Member since Dec 2007
11157 posts

re: Question about starting a magazine


Other than restaurants I cannot think of a more difficult business to start in this day and age. Print communication just doesn't seem to be a viable business.





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bamaphan13
Member since Jan 2011
175 posts

re: Question about starting a magazine


Print media can still be successful but it damn sure better be free.





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meauxjeaux2
Boise State Fan
watson
Member since Oct 2007
46839 posts
 Online 

re: Question about starting a magazine


this is going to be an Outdoors related magazine.





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TheRig
Arkansas Fan
Basketball School, AL
Member since Aug 2011
24667 posts

re: Question about starting a magazine


How much revenue is he expecting to generate with this project?





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wrlakers
LSU Fan
Dallas
Member since Sep 2007
4505 posts

re: Question about starting a magazine


quote:

this is going to be an Outdoors related magazine


This idea has money pit written all over it. Among other things,

1. There is no market for a start-up print magazine in 2012.
2. A local magazine does not have a large enough audience to attract sufficient advertisers to make it a profitable venture.
3. An "outdoor" magazine in a local market is way too limited. Cabella's is not going to pay enough to cover the print costs for a local outdoor magazine with a subscribers list of five and a potential readership of 10.

OP, if he's looking for investors, you should turn and run away quick. Also, if this is the kind of hair-brained ideas this dude comes up with on a regular basis, you might want to question his judgment globally.

Lastly, if the "friend" is you, please reconsider unless you have a bankruptcy attorney as a brother.



This post was edited on 10/3 at 1:15 pm


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Ric Flair
LSU Fan
Charlotte
Member since Oct 2005
7240 posts

re: Question about starting a magazine


I'm trying to think of a worse business idea than this, and it's hard. Maybe a DVD rental store?





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meauxjeaux2
Boise State Fan
watson
Member since Oct 2007
46839 posts
 Online 

re: Question about starting a magazine


It's an idea he was just talking with me about. He wants to do it because he's made a pretty big name for himself in the outdoor community here in Louisiana and was hoping to ride the coatails of his professional success with other money making ventures.
And no,he did not nor ever would ask me for investment money.






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Queen
LSU Fan
383 miles from Death Valley
Member since Nov 2009
2761 posts
 Online 

re: Question about starting a magazine


So I work with media, and here's my take:

1. The posters who said he will have a tough time going the print route are right. If he has made a name for himself like you say, I would definitely advise him to start a blog first. Consider it a stepping stone - once he has a following he can sell ads on his blog, and eventually do a print version and try to convert his following later if he still wants to/thinks it is viable.

2. Print media are going under and downsizing every day because they can't make the same revenues they used to. I have a friend who works in ad sales for a major daily, and the only thing she even pitches anymore are online ads. From an advertiser perspective, it is so much better to pay per click or pay per thousand so you actually know how many people saw it. Print publications have nothing on internet ads when it comes to cost, because online you pay for what you get.

3. Cutting printing costs is the easiest way to cut costs aside from laying people off. Since he's a a one man show it means he goes down with the ship. He can't exactly cut personnel.

4. There are new print publications coming out nowadays, but the vast majority are affiliated with existing media conglomerates. I know of a new weekly coming out that is targeted at rural Mississippi and will serve as a supplement to an existing daily paper. It's being funded by a major conglomerate to start and get it off the ground. Since they are able to do that, they can sell ads without contracts to get some advertisers in there. If he's really dead set on this, he should consider talking to those types of companies first, maybe selling himself as an outdoors columnist/reporter with an idea for an outdoor supplement later.

Hope that helps.






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NC_Tigah
LSU Fan
Member since Sep 2003
51766 posts
 Online 

re: Question about starting a magazine


quote:

we discussed the website idea and he's stuck on magazines right now. Thanks for the input.
He'll almost certainly have to have the magazine on the web in some form regardless.






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meauxjeaux2
Boise State Fan
watson
Member since Oct 2007
46839 posts
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re: Question about starting a magazine


yes it does. I will pass this info along to him. Thanks for all your help.





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Tiger Ryno
USA Fan
Member since Feb 2007
53304 posts
 Online 

re: Question about starting a magazine


quote:

and he's stuck on magazines right now


does your friend own a toilet? tell him the first step is to take his seed money and flush it all because it will save him time, heartache , embarrassment and more than likely lots of debt to go ahead and do it now.






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