Thursday, 30 April 2015

Evaluation 3

What kind of Media Institution might distribute your media product and why?





The two media institutions that I have studied is Bauer media and Condé Nast
Any magazine that is new to the market must find a good distributor because it is important to chose a good distributor like Condé Nast and Bauer media that has high reputation so joining one of these companies will give any magazine that is new to the market a good reputation too and this is the same thing with magazine so I am going to explore the two companies and discuss the advantages and the disadvantages of the companies taking my media product, then I should be able to come up with a conclusion of with magazine will be more likely to distribute my media product and the reason why they would to.





Bauer Media


Bauer Media is Europe’s Largest privately owned publishing group that is a worldwide media empire offering over 300 magazines in 15 countries, for example: online, TV and radio stations. Their business is built on influential media brands with millions of personal with engaged readers and listeners. When Bauer media establish a media product, they are likely to launch that media product into other areas too such as TV and radio and this can happen to my magazine if they accept my media product first so full metal TV, Fullmetal radio station and this is the advantages of Bauer media.

 The audiences that follow Bauer in the Mosaic UK classification are all of O (rental hubs) because they are less likely to have a lot of money to afford a expense magazine also Bauer media doesn't charge a lot for their magazine and also on the Mosaic UK classification is J41 (Disconnected Youths) they are similar to those in O (Rental hub) however some of the audiences from Bauer media might be I(Family Basics), G(Domestic success) and H(Aspiring homemakers) because some of their magazines are prestigious too however not as Condé Nast with Vogue. On the psychographic profiling the audience is Mainstreamers because they go with the flow and for my audiences for my magazine are individualists depending on how they response to the magazine for example: if they are really passive they will follow what the heavy metal artists do and their attitudes. 

Bauer Media owns a magazine that is similar to mine already “Kerrang” so they will know what types of audiences that my magazine will attract also they will know how to distribute my magazine so I am confident that they will do a good job in the way they distribute my magazine and this is an advantage of them disturbing my magazine. However my magazine focus more on heavy metal music than different types of rock like kerrang does so my audiences will be slightly different from “kerrang", Bauer media is likely to represent a social group who is similar to mine due to the lots of magazines they have so I can gain some of their audiences also.

Bauer media is more likely to accept my media product because they reach the audiences differently with the products they already have for example: some of their media products might attract teenagers and another media product of theirs may attract elderly people to like it this means that they will use a media product to gain an audience group that they don’t already have.

The disadvantage of joining Bauer media if they accept my product is that they already have a well-known rock magazine like “kerrang” so they will prioritise “kerrang” first than my magazine because “kerrang” has been out for long time now and it popular too so they will focus on that more which means that my magazine won’t be well known or noticed as much as “kerrang” however Bauer media can use their cross media convergence to promote and advertise on another platform so that that my media product will be noticed like “kerrang” or launch my media product on a different platform like “Fullmetal” TV sounds like a music channel because of the name and this can be an advantages of joining kerrang.


Condé Nast



Advanced publication is the parent company over Condé Nast so this means that Condé Nast is a subsidiary company (Daughter Company).  Prestigious company and the world's leading multimedia company that continues to create the finest magazine brand. Also the company has a high reputation and the type of audiences they attract is tend to is on the Mosaic UK Classifications is G(Domestic success) and F(suburban stability) and in the psychographic profiling the audience are Aspires and succeeders because they have money afford the latest products from the magazine also they spend money on status goods.
The advantages of being distribute by this company is that they my magazine will gain a wider larger audience because might be people in the G(Domestic Success) and F(suburban Stability) may buy my magazine because Condé Nast having a high reputation, their audiences might go with what Condé Nast produces because of its reputation.

Condé Nast is a well-known company and they have a high reputation so the chances of my magazine being accepted and distribute my magazines are low because Condé Nast is a type of company that promotes Niche types of magazines and not really mainstream as other magazines because their audience is a small group of people who have an unique interest however the because of this unique interest maybe my magazine might have a chance after all due to not everyone might be into heavy metal and that’s the advantages and disadvantages of Condé Nast distribute my magazine.

The type of social group that Condé Nast will have will be completely different from my magazine social group so the Condé Nasts social group won't like my magazine and Condé Nast has a high reputation that they want to build on and keep because of their high reputation they might not accept my magazine due it’s my magazine’s music genre is associated as being bad music or too noisily that they won’t accept my magazine and this is a disadvantage of Condé Nast.

Conclusion
Bauer is more likely to accept my magazine than Condé Nast due its high reputation also Condé Nast hasn’t worked with my media product before so they may not do a good job on distributing my media product as Bauer Media would because I have a similar magazine to them for example: “Kerrang”.





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