I have been buried deep in sales, basket and other data from a pool of more than 100 newsagecies for the last ten days as I prepare for a presentation I am giving tomorrow morning at the National Newsagency Conference hosted by newsXpress.
I will present up to date stock turn, average sale, margin and sales data on a same store year on year comparison basis to help newsagents better understand the challenges and opportunities of today’s marketplace.
I am also presenting a version of this latest study to a couple of newsagent suppliers keen for an update on this research.
By early next week I hope to have found the time to summarise the presentation and publish it here along with the slides summarising the research findings.
Good data is a key differentiator between successful newsagencies and not so successful newsagencies.