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MTAC Periodicals Focus Group. Product Development August 15, 2012. 1. MTAC Meeting. Agenda:. Pulse Of the Industry Periodicals at the National Postal Forum Update Magazine Subscription access in USPSRetail Office’s and USPS.com Update on PAG initiatives Promotions.
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MTAC Periodicals Focus Group Product Development August 15, 2012 1
MTAC Meeting Agenda: • Pulse Of the Industry • Periodicals at the National Postal Forum • Update Magazine Subscription access in USPSRetail Office’s and USPS.com • Update on PAG initiatives • Promotions
Pulse of the Industry • Migration to Digital Continues • 24% growth in digital readership • Influx of apps for Smartphones and Tablets continues • Advertising News • Magazine ad pages decrease for 4 Qtr in row – down 8.5% in 2nd Qtr • Some positive signs: • Top 3 business titles grew ad pages in first half 2012 • September issue fashion titles have ad gains • Other News • 1.7% decline in print total audience • 48 titles ceased and 133 titles were launched in first half 2012 • Select titles are integrating augmented reality • USPS Volumes • Q1FY2012 - 6.4% • Q2FY2012 - 3.7% • Q3FY2012 - 3.1% • YTD Q3FY2012 - 4.4% 3
National Postal Forum Create a Focused Periodical Track at the National Postal Forum • Working With Industry to create Agenda • Red Tag Meeting • Innovate, informative and entertainingsessions • Highlight Growing Publications - Rely on Industry Leaders • Impact of Technology on Business • Offer the “nuts and bolts” sessions • How to get Periodical approval • New launch applications, • New sales tools that the USPS is offering to grow Periodical advertisements • “Everything you wanted to know about Periodicals…but was afraid to Ask”
Revenue Initiatives Enable access to potential new subscribers • USPS retail stores • USPS.com Periodicals @ Retail
PAG Update • PAG Initiatives • Requester Subscriber More than 75% Advertising • Supplement to Changes • eSubs qualifying for paid circulation • Elimination of Additional entry fees • Potential inclusion of alternative electronic media • Ability to include sealed envelopes
PAG Update • PAG Initiatives (continued) • ID Statement POSTMASTER ACS wording – Industry to come back with scaled back wording from what was proposed • Co-packaged publications – ways to eliminate inability of PostalOne! to process so mailers do not have to use manual work-around methods to create 3541s missing a piece charge • “Catalog” issue • 24 piece sack requirement
PAG Update • PAG Initiatives • The success of pay anywhere • The Catalog Issue (very controversial) • PostalOne! issues (hot) • Insert that have Wires • Bundle Sizes • Peter Moore's Findings
2013 Promotions Calendar (proposed) • Series of promotions communicated upfront* • Lead industry, encourage best practices 2013 • FEBRUARY-MARCH • Coupons—Mobile Integration • -Local & national retailers & businesses • Click-to-Call • -Insurance, Financial, SMB • AUGUST-SEPTEMBER • Emerging Technologies -Retailers, e-tailers & catalogers • Samples • -CPGs, Retailers • Picture Permit • -Existing customers • NOVEMBER-DECEMBER • Buy-It-Now • -Retailers, e-tailers & catalogers • MAY-JULY • CRM/BRM Earned Value • -Financials, Catalogers, Publishers *BOG & PRC approval pending