A magazine for the 60+ market

July 23rd, 2007

The San Francisco Chronicle writes today about ELDR, Dave Bunnell’s start-up magazine targeting the 60-plus market. The piece captures nicely the recent trends in eldr.jpgnational print media for the Boomer market. However, I’d distinguish between a title like ELDR–which is testing the waters for a seniors lifestyle magazine–and publications targeting younger Boomers. The markets for readers and advertisers are different.

I’ve met Dave and his partner, publisher Chad Lewis, and have seen the premiere edition, which is sophisticated and well-crafted. However, ELDR faces several big advertising challenges. First, selling older audiences to advertisers is always tough, outside of certain obvious categories. Also, ELDR has launched with national circulation of 75,000, much of it unpaid. Selling that distribution strategy to big national advertisers is going to be difficult. National advertisers always prefer paid circulation–even with the growing acceptance of “free” media, e.g. the Internet. And a rate base of 75,000 probably will be too small for many advertisers, who tend not to look at anything smaller than 250,000.

Disclaimer: I’ve had experience in this market via the launch of Satisfaction, and my current consulting client roster includes companies (not ELDR) that are active in the 50+ magazine area.

Final note: thanks to Chronical Staff Writer Joe Garofoli for mentioning 50+Digital!

One Response to “A magazine for the 60+ market”

  1. Tom Mann Says:

    Mark,

    An interesting thing has happened for The Erickson Tribune (www.EricksonTribune.com). Now that we have reached a critical mass, 6.4 million copies delivered a month, advertisers are knocking on our door. Our average reader is 65+, so I don’t think age is as much as a issue as some would think. I think it’s more about delivering mass. I’m still debating how many advertising PARTNERS we’ll take (I’m leaning towards limiting it to four) but I think you’ll start to see the market opening up soon.

    Regards,

    Tom

    Tom Mann
    Publisher, The Erickson Tribune

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