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Print Media
 
The print media display the greatest diversity of all, in both ownership and content. They range from daily to weekly newspapers, from news magazines to a range of special interest publications. For the purposes of this chapter we are primarily concerned with newspapers, although many of the observations and standards might also apply to other types of print media.
 
Even in situations where the state retains a large stake in broadcasting, the print media are usually in private hands. The main exceptions are likely to be authoritarian or dictatorial systems under which free elections are unlikely to be on the agenda. But there are also countries, such as some in northern Europe, where a public subsidy is paid to newspapers to ensure the political diversity of the press. In countries emerging from dictatorship, aid donors sometimes subsidize private newspapers with a similar aim. By and large, however, newspapers derive their income from advertising and sales revenue (with the former usually much more significant than the latter).
 
The ideal of the "Fourth Estate" - the media keeping a check over government - is perhaps more effective in the print media than broadcasting. At least some newspapers in any country are likely to conduct serious news investigations and o comment in a reasonably sophisticated manner on political developments. The same is not always true of broadcasters.
 
NEWSPAPERS When deciding upon a newspaper in which to advertise, there are three physical criteria to consider: distribution, size, and audience. Newspapers are either daily or weekly, come in a standard or tabloid size, and reach nearly all of the reading public, which is estimated to be around 85-90 percent of the population. Because of the broad demographic reach of most newspapers it is difficult to target a specific audience; however, newspapers are effective in increasing awareness of a business' products and services in a specific geographical area.
 
Types of ads placed in newspapers include: display ads, classified ads, public notes, and preprinted inserts. Newspaper ads have some flexibility in their size. For instance, some are small boxes that take up only a small portion of a page, while others might span one or two full pages (the latter, however, are typically only bought by larger corporations). Regardless of this flexibility, newspaper ads can only use limited special effects, such as font size and color. These limitations lead to advertising "clutter" in newspapers because all the ads look very similar. Therefore, advertisers must use original copy and headings to differentiate their ads from their competitors. The quick turnover of newspapers also allows the advertiser to adjust ads to meet new market conditions; however, this turnover means that the same ad may need to be inserted over a significant period of time in order to reach its target audience.
 
MAGAZINES With magazines an advertiser can focus in on a specific target audience. As the Small Business Administration pointed out in "Advertising Your Business": "Audiences can be reached by placing ads in magazines which have [a] well-defined geographic, demographic, or lifestyle focus." An attractive option for many small businesses may be placing an ad in the localized edition of a national magazine. But magazine advertisements often have a lag time of a couple months between the purchase of ad space and the publication of the issue in question. Magazines, then, are sometimes not the optimum option for businesses seeking to target fast-changing market trends.
 
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