A tabloid called Trome, with
attention-getter headlines on the cover and enter-to-win prizes inside sells
nearly 700,000 copies daily, according to a blog post on SmartPlanet.com. These
sales are more than any of the papers sold by Trome’s parent, Grupo El
Comercio, including the company’s flagship daily of the same name. The sales
are also higher than Argentina’s top-selling Clarin, Mexico’s popular La
Prensa, and significantly higher than Spain’s El País.
While the newspaper industry is battling
through tough times with decreased circulation across the US and other
developed countries, Trome records its highest sales because the newspaper
speaks to Peruvians in the ‘C level’, referring to an aspiring middle-class on
a scale of A to E in their language.
Furthermore, Trome addresses the
aspirations of the upwardly mobile: Car dealerships promote easy financing,
banks use prizes to lure a largely unbanked population to open checking
accounts, schools advertise education for technical careers, etc. Popular
segments include an advice column from a waitress, a character called “La Seño
Maria.” The paper doesn’t show as much gore, or display as much skin, as other
tabloids in the category.
The tabloid hooks readers with weekly
prizes, scholarships, and other promotions. It is truly an effective
combination of content, which includes news, entertainment, and lot of useful
and emotional content mix. PwC projects newspaper circulation in Latin America
will grow 10 percent through 2016 and is projected to grow the same in Asia
Pacific markets. In Peru, total newspaper circulation rose to nearly 1.9
million in 2012 from 1.2 million in 2007, according to the Society of
Journalism Businesses of Peru, or SEPP. Although there is a decline expected in
the developed economies belonging to world’s top 10 newspaper markets: Italy,
UK, Germany, South Korea, and Japan will see a contraction of up to 2.5 percent
through 2017, and the US could face the worst retreat of more than 2.5 percent.
PwC says a core group of eight markets – China, Brazil, India, Russia, the Middle East and North Africa, Mexico, Indonesia, and Argentina – will make up 22 percent of total global entertainment and media revenue in 2017, up from 12 percent in 2008.
By: Savita V Jayaram
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