For my Rock/Metal magazine I must now come up with a price for the magazine. After identifying the other magazines I have used in my market research I have found that most of these magazines estimate upto £3-£5 and possibly higher.
My magazine will feature around 80-90 pages of content and more pages for future issues, so by the number of pages and my content I have decided to my magazine price will be...
£3.99
I find this is a reasonabler price to ask for the customers especially with the content I am going to introduce, the magazine should sell at this fair price.
Most of the magazines I have researched appear to be released one every month, I find this is a good way to publish the magazine because there can be more content every month. So I will release my magazine Monthly.
My target audience for this magazine is Rock/Metal fans and the age group will be 16-21. The reason for this is because since my magazine is going to me aimed for this age group it will be mostly students who purchase this. The magazine is a monthly thing and although £3.99 may seem expensive for a magazine but its a monthly thing that will include a lot of content of the target audience so it will be worth while.
Sam,
ReplyDeleteI'm impressed with the progress that you have made with your coursework since we last discussed it - I've entered a commendation on the system to let your tutor know how hard you've been working.
Just check that:
- You've used as much informatiion from the audience ppt that I emailed to everyone as you can, to profile your target audience.
Good luck with the rest of the coursework,
Emma x