Posts Tagged ‘Blackberry’

Steve Jobs while introducing the iPad in San F...

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I just read a great article called iPadded Profits? that takes to task publishers and consumers alike who don’t know how much they should pay or charge for a digital magazine. He references this post that talks about cost and functionality of digital magazines as common frustrations. One of the commenters pointed out that people either want their digital edition to be cheaper or they want to get some additional functionality or information out of it.

I was floored last night at Barnes & Noble at the cost of printed magazines. Most copies were $4.99 or $5.99. Many copies were $9.99 and $10.99. Huh? I could have bought books for the prices of these magazines (at least on the bargain aisle). I almost bought a copy of Bloomberg Businessweek, but at $4.99, I chose instead to buy a copy on Zinio where I had a $5 credit. It was between Businessweek and Oxford American for me at that price point, and I chose Oxford American because, for the same price, I could have a magazine that’s outdated tomorrow (because Businessweek is a weekly) or one that’s not outdated until nearly Independence Day. So…Oxford American won, hands down. And on Zinio, I got the newer version of Businessweek that hasn’t hit the newsstands yet.

So if prices on the actual newsstand are so high that I’m playing expiry-date games to choose where to spend my money, what does that say for digital magazines? From a consumer perspective, I believe a digital version (that is, a nearly PDF version that does not have added functionality, like most magazines on Zinio and other digital newsstands) should cost slightly less than a printed version. I believe a digital version that has additional functionality as part of an app (like Bloomberg Businessweek’s app) should cost the same as a printed version.

What I hope the publishing world goes to is a model like The Wall Street Journal’s, which is a choice between a print subscription, a digital subscription, and a combination print and digital at a reduced rate.

What’s your thought? Have you read a magazine on an iPadiPhoneAndroidBlackberry, or your laptop/desktop? What was the experience like for you? How much are you willing to pay for a print magazine, and how much do you think you should pay for a digital version of the same?

–Tyler W. Reed

Editor, The Sidebar Review

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