Cygnus makes a move to take on Hanley Wood regarding duplication
Cygnus Publishing is a giant within the publishing industry. They are relatively small though within the category of building materials publications where Hanley Wood leads the pack. Cygnus Publishing has decided to take on Hanley Wood and promote their low duplication numbers between two of their building publications (Qualified Remodeler and Residential Design & Build). They have had their circulation audited by BPA which is an independent source.
They challenged Hanley Wood to do the same among their publications. Hanley Wood responded with a duplication positioning statement.
I find this effort by Cygnus who was a distant competitor to Hanley Wood to be very interesting. The challenge has raised some questions within the building community of corporate marketing directors and with agency media executives. Such questions include—How much duplication does Hanley Wood have between their titles? Should I expand my marketing mix beyond the current titles to extend my reach? Why is Cygnus making this movement to focus on duplication? It is great to see a company make their clients as well as prospective clients think how they evaluate their media decisions. It has made us look beyond the traditional circulation audit with its total circulation figures, audience composition, percent qualified per year, regional distribution, etc. It has also made us question even the giants of the media world because even though they may be leaders due to their size we still need to be sure they are offering the best product.
My experience has been that most clients would like a plan to remain consistent from year to year for ease of execution, but is that the correct approach to take? A plan can only get better if different elements are included within the evaluation process. Since being approached by my Cygnus rep, I am now going to add within my trade analysis a segment which verifies duplication numbers with publications. By including this element to my plan I can prove to my clients that I am maximizing their reach.
It’s great to be challenged by publication reps because clients and media executives are better off for it. It is also critical that publications have strong competitors who offer a challenge because it makes both publications great assets to the industry. Kudos to Cygnus for setting forth a challenge within the building publication’s industry!
