MEDIA E-BUSINESS: E-business cuts its teeth in magazines - While 'e-business' is a marginally more specific term than 'technology', it remains a catch-all for a variety of sins

The word 'dot.com' may have entered the national lexicon, but

examples of people who are actually making money or improving their

business via the internet are as rare as a sector without a Virgin

company dedicated to it.



However, the sheer breadth of the e-business field is not stopping

publications seeking to cash in on the desire for knowledge.



Computing, VNU's IT flagbearer, this week unveiled a new look with a

pledge to maximise its e-business coverage.



Less than a month ago, buoyed by the success of new economy title The

Industry Standard in the US (with a circulation of 200,000), publisher

Standard Media International launched a European version based in

London.



There is no evidence of a stand-off, however. For all its new emphasis,

Computing still sees Reed Business Information's Computer Weekly - a

technology title - as its sworn enemy.



By a similar token, it is unlikely that the average IT professional is

going to rely solely on The Industry Standard -which in turn sees itself

as a sort of Economist for the digital economy.



VNU looked at producing its own monthly e-business title before

rejecting the idea on the grounds that the numbers did not add up. And

since acquiring Ziff Davis' European magazines in July, the publisher

also has IT Week, whose future may yet be in jeopardy given Computing's

change of direction.



A variety of publications - from Crimson Publishing's monthly e.BUSINESS

to Centaur Communications' weekly New Media Age - also cover similar

ground, albeit intermittently in some cases. But the existence of a

purely e-business readership on any scale is still unproven.



Paul Smith, director at IT and telecoms consultancy Kaizo, thinks this

could work, to some extent, in magazines' favour.



'It is still such an early market that education is an important thing,'

he said. In addition to talking to their peers and visiting shows and

exhibitions, those looking to exploit e-business will certainly read

magazines for information.



But Smith is also right when he says that the real trick for titles will

be getting successful practitioners to the stage where they are

comfortable talking about it in print.



Writing about e-business is easy and, for a while at least, useful. But

at some point magazines will have to come up with tangible goods to keep

readers interested.



COMPUTING



Douglas Hayward



Position: Editor



Publisher: VNU Business Publishing



Circulation: 135,000 (ABC) weekly



'We don't really have a typical reader, but they are mainly senior IT

professionals, predominantly male in their 30s to 40s. E-business is

becoming increasingly important to our readers, who are in turn becoming

increasingly important to the industry. Now it's about making e-business

profitable - people have had two years of hype.



'They are still finding their way in e-business. It's a bit like teenage

sex -fewer people are actually doing it than you think. But the time for

shouting big blanket messages is over; now they want to know what's

going on and we are the ideal frequency to keep them up to date and

informed. We can identify products, techniques and business models which

can provide our readers with an advantage. We are showing them what's

out there and what to beware of, warning them against going down

purchasing blind alleys. But readers are a heterogeneous bunch: some

like risks, some don't.



'We are organising e-business news better with signposting, and

increasing the volume of coverage. We have been proactive in this area;

we have been writing about e-business for three years but perhaps we

didn't shout about it enough. IT Week (also owned by VNU) goes into

greater technical detail. We look more at the business side than they

do, and we have a broader remit. We consider Computer Weekly to be our

main competitor.



The monthly e-business market is quite crowded.



'Perhaps people will stop thinking about 'e-business' in the future -

the IT business and commercial strategies of companies will merge

together.



It is questionable whether e-business will exist as a standalone - we

resisted the temptation, for example, to rename Computing

'e-Computing'.



'There are a number of good PR agencies out there, but the worst things

we get are PROs dressing mutton up as lamb, claiming that a ten-year-old

product is new or people ringing us up to say: 'We sent you a press

release and are you going to use it?'. The best thing to do is send

releases by e-mail and we'll contact you. We find useful the invitations

to lunches, briefings and meetings with senior people whose views are of

interest to the reader.'



THE INDUSTRY STANDARD EUROPE



Jim Ledbetter



Position: Editor-in-chief



Publisher: Standard Media International



Circulation: 120,000 (print run) weekly



'We're a business magazine covering the social and economic effects of

the development of a technology sector. Our typical reader in the US is

anyone engaged in using the internet in some important and strategic

way, rather than just using it to send e-mails to their family; someone

who works in a technology field, or in traditional companies, trying to

grasp what the internet means for business. Financing of internet

companies is also important.



'The same will be true of the European edition, allowing for the fact

that there are differences in the markets. The wireless market here (for

example, internet access via WAP phones) is significantly more important

than the US, where internet access is largely synonymous with computer

access, dialling in from home or workplace on a PC. Also, there is the

potential for cable access.



'The readership is largely male, although we hope to build the female

part. For example, we have a significant readership in advertising,

marketing and PR, and those fields tend to be more populated by women.

We had a feature on so-called 'women's' sites, as community sites are a

big part of what the internet business has become, even though most of

them aren't profitable.



'But a lot of the people involved in the industries we write about are

men in their late 20s to early 40s. We try to reach insiders on a very

high level, such as CEOs, and present information in a way that makes it

appealing and accessible. We are very focused on providing original

statistics and data. We also try to cover the rethinking of traditional

categories: for example, the effects of the new economy on the concept

of the city, or the political implications of the internet. There hasn't

really been a magazine like this: people who pick it up will find news

of the sector in a useful and unique context.



'As a weekly there is a much larger emphasis on news; others have to

take a more timeless, abstract approach. We have six reporters in

London, three on the continent and access to the Standard's US

journalists. We also use our web site to break news.'



Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Would you like to post a comment?

Please Sign in or register.