Trivia World
Making
knowledge fun: a look inside the pages of Mental Floss
magazine
As co-founder Will
Pearson puts it, “From the very beginning, we wanted
Mental Floss to be a magazine that blurred the line
between education and entertainment.”
In 2001, Pearson was
studying history at Duke University and looking out for
potential business ideas. He and anthropology major Mangesh
Hattikudur were watching Who Wants to be a Millionaire
when inspiration hit. “We were at Duke and we wanted to
learn everything. There was all this knowledge around us.
The magazine was a way to pull information from all the
professors and put it in a fun package.”
Soon,
Mental Floss (called mental_floss
on its own pages) appeared as a newsletter on the Duke
campus. “We wanted something where you could learn what you
were supposed to know already, but also enjoy yourself in
the process. Most educational magazines didn’t allow you to
laugh enough.”
The magazine was
such a success that the founders began thinking national
thoughts. “We were naïve college students who had no idea
what a difficult industry magazines are.”
In fact, while
high-profile start-ups such as George and Talk
were floundering, Mental Floss began making steady
in-roads, even though magazine retailers had no idea where
to shelve it. Most magazine shops are divided into specific
sections dedicated to news, or sports, or porn. General
knowledge magazines get lost in the mix and have been
vanishing from the newsstands. Worse, there was no set
demographic for the magazine.
“Most magazines are
targeted at very specific audiences: women 18-21 or
something. With us, it’s more of a psychographic: busy
professionals who have 10 to 15 minutes a day, where they
want to learn something new.”
Beating the
magazine business at its own game
The
lack of a set demographic also meant that Mental Floss
would not be able to rely on advertising for revenue. And it
couldn’t afford an expensive direct mail campaign ahead of
the launch. So instead, Pearson and company built word of
mouth by partnering with fellow content providers, such as
HowStuffWorks.com. This gave the new magazine a platform for
free cross-promotion. Soon, Mental Floss had deals
with the Discovery Channel, Reader’s Digest and
CNN, where it provides a segment that airs each
Wednesday at approximately 9:56 p.m. Eastern, during CNN
Headline News Tonight.
The
strategy mushroomed in a surprising way. Actor David
Arquette became a fan, and a copy ended up in Courtney Cox-Arquette’s
hands on the set of Friends. By a happy coincidence,
the scene in which her Monica character is reading the
magazine also appeared in promos for the show.
“We were getting
calls from people who saw the magazine in the promos, but we
never saw them ourselves until the show came on,” says
Pearson. The cameo led to pieces in Entertainment Weekly
and built even more buzz, all of which was free
publicity, since the original Friends “product
placement” was entirely unpaid.
Pearson, in fact, is
an adept spokesperson for the company, and often travels for
media interviews. When we spoke to him, he had just appeared
on Dennis Miller’s show on CNBC. “Mental Floss could
be cheat sheet for Dennis Miller’s routines,” he jokes.
With just 20,000
subscriptions, the magazine depends heavily on newsstand
sales, so covers try to catch people’s eyes. Mental Floss
had adopted Albert Einstein as its mascot, and the famous
physicist appears in unusual guises on every cover. He’s
even appeared topless on the magazine’s “swimsuit issue,”
which assured us that “you don’t have to love them for their
minds anymore.”
As Pearson explains,
“The swimsuit issue was our way of poking fun at other
magazines that are obsessed with celebrity and beauty.”
Why Einstein?
“Because he's our hero,” explains the Mental Floss
Web site. “He is the wind beneath our wings.”
So, although the
circulation is just 60,000, the cunning Mental Floss
marketing strategy has produced a sell-through rate of 60%.
This means that 60% of the magazines on newsstand shelves
get sold. The industry average is 30% and for new magazines
the average is just 20%. This, remember, is despite having
no demographic or easy-to-shelve niche. Pearson credits the
amazing success in part to the enthusiasm of the major book
chains, such as Barnes & Noble and Borders.
The Mental
Floss empire
This burgeoning
success led naturally to one of the first expansions of the
Mental Floss brand, a book called
Condensed Knowledge. As a kid, Pearson devoured
books like The Dictionary of Cultural Literacy and
An Incomplete Education. The Mental Floss book is
heir to those general reference books, but it’s infused with
the magazine’s quirky personality. “We wanted the book to be
full of the kinds of information you don’t know but think
you’re supposed to, but at the same time we wanted it to be
playful and fun, the kind of thing where you can flip to any
page and just dive in and learn.”
Pearson sees the
book as just a beachhead for the Mental Floss empire.
“We don’t just want to depend on the magazine for our
revenue. We want to expand the brand into other venues that
make sense. We’ve been approached by TV, for example, but
the timing just isn’t right for that, yet.”
Next up is a board
game to be released in fall 2005 by Pressman Games, the
third largest games manufacturer in the US. Although board
games are a natural fit for Mental Floss, they are an
even more brutal marketplace than magazines are. But Pearson
is confident he can produce a winning product there, too.
“We didn’t just want to transport our brand into a new
medium. We wanted to focus on making it a great game, too.”
Naturally, there is
also a Web site, and this too is part of the marketing mix.
A new
fact and
quiz are posted every day. (See our interview with
Sandy Wood, the man behind the Web site.)
But the focus on the
site is on the business of selling subscriptions … and back
issues. In some months, they sell $10,000 in back issues
alone. “We hadn’t realized it, but each magazine is pretty
much timeless. The back issues are as interesting today as
they were when they came out. So, many people come to the
Web site, subscribe, and
buy the full set of back issues at the same time.”
Pearson is also
working on syndicating a Mental Floss Minute for
radio, but the magazine is still the brand’s cornerstone.
From its Birmingham HQ, it now employs eight people around
the country and comes out bimonthly. “Basically, people want
to feel smart but at the same time they want education made
simple.”
On that score,
Mental Floss delivers.
September 2004
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