A blog on issues affecting Australia's newsagents, media and small business generally. More ...

Sunday newsagency challenge: remove all stock from your back office

If you customers cannot see it they cannot buy it. It’s true!

Why do newsagents fill their back rooms (and elsewhere) with stock? If the answer is because they got a good deal I am suspicious as a deal is only good when you sell and only then if you have not held the stock for too long.

Here is my challenge today: move all the stock you have to the shop floor and confront the challenges of that.

Don’t make excuses. Do it.

Any stock that does not look good enough or appropriate to your business today, discard it.

Stock you can’t sell is a dead weight on the business. Stock not on the shop floor is not paying its way.

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Newsagency management

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