As a result, claims from marketers on their own Web sites and third-party sites like social networks will now be subject to ASA scrutiny, as they are in TV, print, and other forms of online advertising.

Although the changes are likely to have the biggest impact on highly regulated industries such as alcohol, gambling, and the financial sector. However the regulation can impact on our industry: I once got a competitor to pull a misleading advert and the threat of the ASA intervening was enough to ensure a very quick response!

Osbourne Clark’s Marketing Law website has an excellent in-depth discussion of the Finnair case (registration required).

Not any more! I’m delighted that Penton has decided to let advertisers use conventional display formats such as full page and half page adverts. Although the landscape layout will mean most advertisers need to modify their copy, they will be able to place adverts with graphical content and a corporate look and feel.

I’m delighted that Penton has made this long-overdue move, and I’d predict that the option of a more conventional layout will increase the number of companies placing adverts in ED Europe during 2010.

The European website www.embedded-europe.com has been closed, with all content integrated into www.embedded.com. Although I can see the logic of this move it’s disappointing that European visitors to the site will have to search for local content rather than the site using geo-targeting to highlight European stories along with the global content, nor is the site offering a URL with a European-orientated feed of news. I’m told we can expect this to be added in the future.

The magazine has also switched from 10 issues to 5 issues in 2010, with entirely digital circulation, although I’m told that the editorial content will be specific to the European edition with minimal re-use of material from the US ESD. The layout will be changed completely, moving to a screen-optimised format on the Nxtbook platform similar to recent EE Times special editions. The layout is nice – similar to ED Europe in some ways, but offering full page adverts as well as leaderboard and MPU fractional ads. It’s great to see a publisher recognise the need to optimise the layout for the readers, whilst allowing advertisers to use familiar formats with high visual impact. We’re also promised special editions, which will be driven by sponsors.

The digital magazine circulation is a little confusing. The new media pack promises:

The digital issue goes to over 100,000 subscribers and will be seen by over 50,000 European web users.

25,000 ESD global digital subscribers via email link.
30,000 ESD Europe subscribers via email link.
50,000 EETimes and TechOnline European subscribers via email link.
50,000 unique European visitors to Embedded.com every month.

So in addition to the European subscribers, anyone currently receiving the digital version of the US title who is based outside of Europe and the US will get ESD Europe – i.e. they’ll get both the US and European digital issues. The EE Times and TechOnline European database will also be used to deliver unrequested copies, and there will be links to the digital title on Embedded.com.

So what circulation should we assume for the title? To me the circulation we can be sure is really valuable are just the 30K requested European subscribers. Although there may be other high-quality recipients, at this stage they’ve not requested the title and it remains to be seen whether the move to a large headline circulation is clever move, or whether it will just dilute the quality of the existing ESD Europe database.

ESD Europe has also quietly slipped in a rate increase (full page rates were $2100 last year, and are now $3000: an increase of about 40%). The extra circulation might go some way to justifying this increase, and there are no surcharges for flash or video adverts, but most advertisers I know value digital magazine less highly than print.

The European Embedded email newsletters will increase in frequency, appearing twice a week, which will hopefully increase loyalty to the brand, as well as ensuring the database is well maintained.

It will be interesting to see the success of the new publication. In merging ESDE and ESE, It’s not clear to me why there is value in circulating a European title outside of Europe, but if the format is as good as the EE Times specials, and with Colin Holland remaining in the role of Editor in Chief, I believe that the quality of the editorial and the easy-to-read layout will ensure good readership. From the advertising viewpoint, TechInsights acquired a significant number of UK-orientated advertisers who presumably will be unenthusiastic about the broader reach of the title, and may choose other UK, whilst global advertisers might question why they need to advertise in both the US and European brands to reach people outside of these two geographies. As a believer in the eventual move of most magazines in our industry from print to digital, however, I’m hopeful that ESD Europe will be a successful title.

Unsurprisingly both titles are planned to be “product books”, although I understand that the magazines will also include some industry news.

The launch of a pan-European digital title is easy to understand. ElectronicSpecifier has a strong pan-European list that will provide a circulation of more than 45,000 and a partnership with Hearst that could add another 20,000 readers. Their French list is just over 8500, which could increase to over 10,000 with Hearst’s data.  And of course once you have an editor for the website and a good database, the incremental cost of publishing a digital magazine is very low.

After the recent decisions by Reed and Groupe Tests that left the French market with just one magazine, the launch of a French title isn’t surprising. In fact I know of at least one other publisher with pretty advanced plans for a French print title.

The ElectronicSpecifier titles will use NxtBook as their technology platform. Although not quite matching Ceros, who I think is the industry leader in terms of the reader experience, NxtBook should provide a great platform for the magazines. Unsurprisingly multimedia adverts, including video, animation and sound will all be offered from the first issues.

I’m confident that these titles will prove successful. Firstly these titles are fundamentally low-cost, and I would expect advertising rates to be aggressive. The database has also proven itself to be effective, generating good open and response rates, even though the demographics are not as comprehensive as some other titles. And clearly the French title is entering a market desperate for more publications: in fact I’d say that this launch represents ElectronicSpecifier winning a race to announce a new French title.

ElectronicSpecifier has a clear advantage over digital versions of print titles: the magazine can be designed for on-screen reading and to work synergistically with the web. Replicating a print magazine digitally just doesn’t work, even on large high-resolution screens. Better layout will improve open rates: just look at the “designed for digital” Electronic Design Europe, which has outstanding open rates despite using a simple PDF format for distribution. We’ve not yet seen a product book specifically designed for digital, but I hope that ElectronicSpecifier have the confidence to get away from the format of product news in print titles. This format was designed to drive enquiries through the old bingo card system. In digital titles you just don’t need all the detail: if I’m looking for a product in a digital title all I need is a couple of sentences giving me the main facts about the product, and I’ll know immediately if I want to click through to the full story and datasheet.

I don’t, however, think that the recent flurry of digital titles means it’s all over for print – at least not yet. Open rates for digital titles are low, and few advertisers values a digital reader as highly as a print reader.

Over the next few years, however, e-book readers are going to improve dramatically from the pretty shambolic offerings that we have available in Europe. We’ll then have the standards fight – similar to Betamax against VHS. Eventually there will be one great e-book platform that frankly is better than carrying round a big pile of books and magazines. When this happens, the reading experience will be great, magazines will be delivered direct to your e-book reader, and open rates will rocket. It’s even possible that in the future a digital subscriber will be seen as more valuable than a print reader, although this is a long way off.

Current CPMs vary considerably. Let’s say that they run from €20 to €100. At this level advertisers can struggle to justify the investment, whilst publishers can only just pay the bills. Things are just about in balance, with publishers only able to cut prices if there is a huge increase in page views.

Then Opencores.org send me their media pack. OK, I completely accept that the Open Cores website has a very specific audience. Visitors to the site include include a higher proportion of students than magazine sites as well as engineers who are attractive to a relatively small group of advertisers (including the notoriously stingy EDA sector). But the rates for the site are crazy! Prices drop to €0.46 per thousand (you have to buy a sponsorship for a month, and the CPM is calculated based on the average impressions per month). About one hundredth of the rates you might get from a typical magazine site!

In reality I don’t expect Open Cores to change the pricing of “mainstream” sites. But if other user-generated content sites enter the market with very low rates, then publishers are going to find their CPMs under extreme pressure.

Absolutely not. In my opinion print publications will never be redundant. We humans read for many reasons such as pleasure, education, information-gathering and business requirements and for many people there is considerable enjoyment in reading a well-written, well-designed magazine or newspaper that is traditionally printed. There is also for some a desire to own well-produced books that perhaps form part of a personal collection.

I see no future print scenario that will emulate Ray Bradbury’s novel, Fahrenheit 451. ….now there’s a book worth owning.

From a B2B information perspective I think traditional print and electronic media can co-exist. The only proviso I would mention is that free circulation B2B print publications face sharply escalating costs on paper, printing and postage and therefore it is financially logical that B2B media companies will increasingly use electronic media to reach existing and new audiences

What are the benefits your readers see from a magazine that is delivered digitally?

Convenient delivery to their computer desktop, easy storage for reference purposes, easy to print if required. Individual pages or the whole thing can be emailed to colleagues, customers, etc.

ED Europe is delivered only as a PDF, whereas most other titles have some online system with animated pages and an option to download a PDF. Why haven’t you offered an online reader?

Unlike many PDF-delivered publications that are really print publications that have been adapted for, or in some cases just shoved onto, computer screens, ED Europe was specifically designed for PDF delivery. This provides numerous advantages for recipients. It opens in a landscape format that fits computer screens. Readers do not have to zoom in to read it or scroll around the page trying to find the story they want. Reader navigation throughout the publication is quick and easy and because of some very smart compression techniques we can produce a 26-page edition with lots of colour graphics that goes out typically as a 3meg file.

Let’s not forget here that ED Europe was created back in 2005 so it’s not unreasonable to call it a pioneering success in digital B2B media terms. It has during that time won three major awards in the USA.

On the subject of Flash-related animations in digital publications Penton Media is fully aware of these and plans to make full use of them.

Can you explain the difference between writing for a print publication and writing for a purely digital title?

In the case of ED Europe, there really is no difference. Because of the way it is designed we can run short news stories, full-length technical features and opinion columns in exactly the same way as a traditional print publication.

Now ask me that question relative to writing directly online and that’s a very different journalistic proposition. Penton Media editors now write directly to websites and the way headlines and other related information is written has to be within certain parameters that suit web journalism.

So we now see a complete Penton Media portfolio where editors write for traditional print, digital and online media

ED Europe launched an HTML email newsletter. Why didn’t you simply create a shorter PDF magazine to cover the news? What are the advantages of the HTML delivery?

Three reasons for that. ED Europe’s NewsLine newsletters provide readers with a fast, convenient, easily absorbed information service. For Penton Media it has created an additional revenue source while also doing the valuable job of driving traffic to our websites.

You have been one of the pioneers of online video in the European electronics industry. Do you see video continuing to grow as a medium in our industry?

Penton Media are committed to online video in a big way and yes I do see the use of video as a B2B communication tool expanding. Penton Media has an Engineering TV department that works in conjunction with publications and editors to produce very high quality professional standard coverage. For me and many of my editorial, colleagues at Penton one of the major video innovations has been the way in which we report on exhibitions. To be able to shoot a three-minute interview with somebody that has been deeply involved in the development of new products and technology and have them explain it directly to our design engineering audiences has to be one of the most immediate and informative ways of communicating complex information.

In addition to our editorially created video coverage Penton Media is now looking at hosting vendor videos on our websites. Conceptually, these are videos produced by companies that want to promote their products and as such can considered as being a modern high-tech form of advertising. Penton Media will be hosting these videos for a fee and the number of weeks/months the video will appear for will depend on the level of fee paid.

What is the one thing you’d like to change about the way companies do PR in the electronics industry?

Generally speaking the successful PR executives and PR agencies do a pretty good job of presenting and distributing information to the media.

But while we are on the subject of PR agencies I will just release one particular bee-from-my-bonnet. PR agencies in a bid to do the best for their clients will often promote the use of editorial columns to publicise the client. And why not? Its a powerful form of promotion that contains that all important credibility ingredient called editorial integrity; although sometimes I wonder, and call me a tad cynical here if you wish, if the real attraction is more to do with the fact that editorial coverage is free.

Without going into a full scale, force 10 rant here let me put the point simply. There are agencies with foresight that appreciate magazines do need advertising income if they are to stay in business. Sadly, there are others that will soak up all the editorial support they can without thinking that in the long-term publications are a business and understandably need to turn a profit or otherwise face closure; a situation that benefits no publicity agencies.

If an industry feels there is a value to having B2B media circulating in its sector then it needs to consider supporting that media with advertising.

And let’s get one thing straight; I am certainly not talking here about a pay-to-play editorial approach. Clearly, that would ultimately denigrate the content of any journal and would not serve the interests of either readers or advertisers. What I am saying is that all industry clients and their agencies should recognise that in the long-term maintaining independent, well written and well produced business media is in everyone’s interests.

What do you enjoy doing in your spare time, when you’re not writing about electronics?

Wining and dining with family and friends, travelling in Spain, playing classical Spanish guitar (badly)

What’s your favourite gadget?

A corkscrew