For releasing a new magazine you need to know certain things for it to be successful, which you could find out by market research.
Examples of things you would research:
The Target Audience
The Competition
Distribution - Advertising
Finances - The Funding & Cost
Content - Of the Magazine
I looked at IPC connect - The TV Easy Magazine. There I looked at what the main ways
they categorized the media research were. They used Demographics by listing the
Audience Median Age (44)
Gender (mainly female)
ABC1 (What class the target audience is in)
How many people read the magazine (391.000)
What type of magazine & What it provides (It's compact A5 format is bursting with
entertainment and information)
Psycho Graphics: Which means what there personality is, there interests, there values, there beliefs and how they feel.
The IPC Insight team has identitfied what sets the 14.1m upmarket ABC1 women in the
UK apart, by saying what the women are like and what they like; leisure time,
relaxing, there health and well-being. (Very stereotypical).
Companies do media research to find out more about the audience they want to target,
these days they do more internet research by having profiles on Facebook and Twitter
were they can ask there audience what changes they could make to there products
and/or what they like about there products.
Companies also make questionaires for people to fill in, to find out specificly what
there audience wants and likes.
Basically social networking makes media research a quicker way to find out about your clients and it's also much cheaper.
"Social media research is being used to listen to consumers but also to ask them questions. Social media research is only of benefit to companies whose target audience is engaged with social media"
Social Media Research - By Sean Hargrave
http://www.nma.co.uk/features/social-media-research/3016672.article
accessed 10/09/10