Commentary

Magazine Advertising Through March Down, April Better

Magazine Advertising Through March Down, April Better

Total magazine advertising revenue for the month of March closed at $1,377,102,513, a 1.7% decrease from last year, according to Publishers Information Bureau (PIB). Advertising pages for March were 19,350, down 10.0% from last year. Year-to-date, advertising revenue decreased 6.3%, closing at $3,286,776,734, and ad pages were 46,624, down 14.1% over last year. However, the returns for April alone were slightly better, with ad pages down 10% and ad revenue up 11% from March.

March 2002 vs. 2001
Five of the major advertising categories showed positive dollar growth this March.

200220012002% CHG
DOLLARS DOLLARS PAGES PAGES
(Million$)(million$)(million) '01-'02
Automotive $144.8$123.91,673.811.1%
Apparel & Accessories $124.5 $143.9 2,211.1 -17.4%
Food & Food Products $120.4 $99.3930.7 4.2%
Drugs & Remedies $112.3 $101.9 1,129.7 5.7%
Direct Response Companies $106.7 $97.1 1,676.8 -0.9%
Toiletries & Cosmetics $106.0 $116.1 1,204.0 -14.3%
Retail $89.4 $90.8 1,488.7 -11.5%
Technology $89.2 $102.4 1,161.9 -24.9%
Household Furnishings & Supplies $79.7 $91.2 1,015.4 -20.0%
Media & Advertising $79.5 $76.7 920.3 -2.5%
Financial, Insurance & Real Estate $71.9 $94.0 959.5 -29.4%
Public Transportation, Hotels & Resorts$66.8$82.5 1,345.5 -17.0%
JANUARY THROUGH MARCH Gains were noted in three out of 12 categories for the year-to-date comparison (1stQ), namely in Food & Food Products, Drugs & Remedies, and Direct Response Companies. Losses were most notable for Technology; Transportation, Hotels & Resorts; Financial, Insurance & Real Estate; and Apparel & Accessories.

"Overall, the March declines are not as dramatic as those in recent months," noted Ellen Oppenheim, Executive Vice President/Chief Marketing Officer, MPA. "We hope that this signals the beginning of an advertising uptick."

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