Cosmopolitan magazine has reached what appears to be a milestone: 100,000 paid digital subscriptions.
The Hearst Magazines title seems to have beaten other brands to the mark, reinforcing the idea that digital will be a big platform for Cosmopolitan. But it's also a good sign for magazines' digital ambitions in general.
"A couple of years ago, the big question was what's going to happen to magazines like Cosmo in the future," Kate White, the magazine's editor-in-chief, told Ad Age . "There was a little bit of anxiety. What this has done is say that our content will rule and will thrive. Women want our content, and they'll get it on a variety of platforms."
Cosmopolitan has been available on the Zinio platform since 2005 but has seen its digital circulation rise particularly since the advent of the iPad, Nook and Kindle Fire.
Cosmopolitan is also getting more money for digital subscriptions than it gets in print. Cosmo's website offers print-only subscriptions for $15 per year, or $12 a year for a three-year commitment. Its digital-only subscriptions for the iPad and Zinio, by comparison, command $19.99 per year. IPad subscriptions are also available monthly for $1.99 -- equivalent to $23.88 annually. Fire and Nook subscriptions are available monthly only, at $1.99 a month.
The magazine says it has 100,000 individually paid digital subscriptions from individual subscribers and is not counting sponsored digital subscriptions toward the milestone.
Cosmopolitan is benefiting in part from a digital circulation strategy that requires even its print subscribers to buy the digital edition separately. Magazines such as Wired and People, on the other hand, give digital-edition access to every paid print subscriber, undermining their prospects for digital-only sales. Time Inc., the publisher of People, doesn't even sell iPad-only editions.
Cosmopolitan's digital push has also gained from its exceptionally large newsstand circulation, a marketing tool that other magazines can't match. Cosmopolitan reported average newsstand sales of nearly 1.5 million copies over the second half of last year, more than any other magazine.
"It's understood in context that we sell so much more at the newsstand than any other magazine," Ms. White said.
Although Hearst has become very effective at cross-selling its print magazines to existing subscribers, Cosmopolitan is staying focused on its own digital circulation for now. "The big goal will be not so much can I help anyone else, but how fast can we grow it," Ms. White said.
So how is the momentum in Cosmopolitan's digital product affecting the way the magazine works? The team has made an effort to have developers in-house to work with editorial staffers and tries to ensure that there's no divide between the print and digital staff, Ms. White said. "No one works [just] on the website or the Cosmo for Guys app," she added.
Key Dates in Cosmo's Digital Journey
Introduces an iPhone application called Cosmo's Sex Position of the Day, based on the best-selling book "The Cosmo Kama Sutra" and featuring 77 sex positions.
Introduces Showcase Edition App to the App Store. The app introduced an interactive experience, "Cosmopolitan Boulevard," featuring custom activations for each of the seven participating brands.
Introduces CFG: Cosmo for Guys, an iPad app packed with interactive content geared to men.
Introduces iPad version of its print edition.
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