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Discounting magazines in retail

nweerk_disc.JPGI was interested to see Newsweek being discounted by 14% at a Relay store at Hong Kong airport.  Given the demographic of the excellent foot traffic it makes sense.   They also promoted the 14% discount at the counter.  This was the only title in-store with a discount.

I would be prepared to trial a promotion like this for appropriate titles here in Australia – if the terms are right and if the publisher did not use the promotion to drive subscription business.  Burke’s Backyard is a good example of a title which could benefit from support like this.  The discount could achieve good impulse sales.

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  1. Michael

    As I was reading that I had the idea of a magazine like Burke’s Backyard. I think it would work, but this can only be done fairly if the publishers absorb the discount.

    I think it’s a good idea, it would certainly help moving slower magazines.

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  2. anon

    is mark and michael one and the same?
    Mark shows a picture -Michael salivates.
    Mark makes a suggestion – Michael gives it unqualified support.
    Mark takes a stand on some issue – Michael assumes it’s the holy grail.

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  3. Mark

    anon,

    No. I only comment using my own name. What do you think of the idea of discounting magazines like this?

    Mark

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  4. Michael

    anon, you can enter your name in the field above where you comment, it’s not hard.

    I enjoy Mark’s enthusiasm for the industry and I have a right to comment as you do.

    I don’t agree with everything Mark posts here, but I share his opinion on a fair share of issues, because we’re right! I for instance, don’t like the halloween marketing he does, firstly because I believe we could do better promoting of events such as saving the Bilby at easter, secondly because I think halloween is SPOOKY, just like you. I’m man enough to not put my negative thoughts on this blog because it isn’t constructive.

    anon you are a jealous person.

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