Affluent Households Still Loyal to Hard Copy Print Readership
NEW YORK—Sept. 24, 2012—Ipsos MediaCT’s “2012 Mendelsohn Affluent Survey” shows that “affluents” (household income of $100,000+) continue to reaffirm the power of the hard copy print publications in their lives, even as tablet and smartphone penetration grows disproportionately in this demographic. Affluent women and ultra affluents (HHI $250,000+) are particularly heavy print consumers, with highest reach and number of titles and issues read.
Now in its 36th year, the survey found that 82 percent of affluents read at least one of the 150 measured and reported print publications (143 magazines and seven national newspapers). The total duplicated average-issue audience (AIA) is more than 221 million, reflecting that America’s 59 million affluents read an average of 18.7 issues across an average of 8.2 titles.
Comparing publications measured in both 2011 and 2012, affluent AIA was relatively stable at -1.3 percent. Ultra affluents consume approximately 25 percent more print media, reading an average of 23.5 issues across an average of 10 titles.
“Looking specifically at the 24 percent of affluents who read at least one of the six national daily newspapers measured in hard copy form, the total AIA increased by 3.9 percent, to 11.3 million,” says Steve Kraus, chief research & insights officer for Ipsos MediaCT’s Audience Measurement Group. “Readership incidence of these newspapers is also significantly higher among ultra affluents, reaffirming the continued need for an informed, in-depth daily ‘news fix’ among this highly-engaged segment.”
Across all media, the survey also finds that television continues to rank first in advertising reach and receptivity, with magazines a close second. “Previous week” reported TV watching is nearly ubiquitous at 97 percent, with a small (-4 percent) reported drop in the average number of hours watched weekly to 16.9 hours. Affluents also reported watching slightly fewer cable networks, although still robust, at 15.7. This however did not dampen their enthusiasm for investing in TV sets that are even bigger in size, quality and connected-ness.