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

Month: January 2010

Promoting at the newsagency counter

dsc00777.JPGWhile I get frustrated with the number of suppliers who ask for counter space, it is great to see a counter unit work and drive incremental business.  That is what we have seen with the last two issues of That’s Life magazine.  The new counter unit is the only additional promotion we have done and it’s worked a treat for us.

The key factors for success with counter units as I see it are: a known brand, a pricepoint which is easy for impulse purchase, a bright display unit and it being from an existing key supplier.

0 likes
magazines

LG announces newspaper-like screen

LG yesterday announced a 0.3 millimeter thick bendable screen which is close to the size of a tabloid newspaper.

“By developing the world’s biggest flexible electronic paper display, we’ve gained a stepping stone for opening a new market in next-generation displays,” said Chung In-jae, LG Display’s chief technology officer.

“The market for electronic paper is growing rapidly, and we expect to gain ourselves a strong position through our advanced technology and diverse products.”

The Korea Times has details and a photo.

0 likes
Media disruption

Expanded party department.

fhn_partyg_jan1110.JPGWe have expanded our party department with the range of badges, streamers and other items from Henderson Greetings.  The display is located within our greeting card department, at the front of our shop.  If the range works we will expand the offer.  We are also expanding the range of party related items to work adjacent to the products we have just put in.

0 likes
Gifts

Will people pay for online content

Margaret Simmons offers excellent analysis at The Content Makers of a survey by Australian Research Council Centre of Excellence for Creative Industries & Innovation at Swinburne University’s  Institute for Social Research on how much people would be prepared to pay to read a newspaper online.

The results show that over seventy per cent would not consider paying anything at all. Young people are even less likely to pay, with 76 per cent of those under 24 saying they will not shell out.

0 likes
Media disruption

Promoting Weight Watchers magazine

fhn_weight_feb2010.JPGWe are promoting the latest issue of Weight Watchers magazine (on-sale yesterday) in prime position at the counter for a few days.  This title has a track record of performing well as an impulse offer – put it in front of shoppers and they purchase, leave it in the usual location and too many miss it.

Our promotion of Weight Watchers magazine ties in with the health related promotion we are running at the front of our business.

0 likes
magazines

Promoting both Motor magazines

motor_packs.JPGWe are promoting both Motor magazines which went on sale yesterday.  One is the regular (browsable) full copy magazine and the other is bagged (and not browsable) with Unique Cars.  I suspect that regular browsers in the motoring section will see the bagged product like other bagged car magazines – a good title with junk filler in the bag.  While this is not the case with Motor, it will have to live with the stigma attached to bagged products.  Publishers unsure about shopper interaction with bagged titles should spend time in newsagencies and watch, especially on late night shopping nights and weekends.

0 likes
magazines

Kerfuffle at NANA

I’ve heard that some NANA members are unhappy with aspects of NANA’s operation including the make up of the Board.  There is talk of a special general meeting if concerns are not addressed.  I am told concerns are around issues of finances, Board positions and communication.

By blogging about this I’m giving any newsagent an opportunity to comment.

Associations have an obligation to be open with members.  Too often newsagents around Australia have been let down by secretive sub-standard representation.

Members of association boards need to put their members ahead of themselves.

0 likes
Newsagent representation

Free book with Gardening Australia (sort of)

ga_newspower.JPGWe didn’t get our expected supply of the latest issue of Gardening Australia.  Half of the stock we did receive was a bagged special offer for Newspower newsagents.  Rather than lose sales and return this (since we are a newsXpress store), we put it on the shelf – and it’s selling.  I don’t see the long term value on marketing group specific magazine offers.  While they may drive a sales jump, as with this issue of Gardening Australia, I doubt that they promotions build loyalty around the marketing group brand being promoted.  I’d be more interested in offers which promote our channel over supermarkets and other channels.

0 likes
magazine distribution

Promoting Women’s Weekly Health

aww_health.JPGWe have placed Women’s Weekly Health in prime position, next to the Australian Women’s Weekly, as well as in our health area.  This co-location is important given the brand connection.  Our plan is to leave Health in this second location for a month – depending of demands on space.  We also have it in our health related display at the front of the newsagency.  I expeect the title to do well for us with this coverage.

0 likes
magazines

Go Natural pornography?

A newsagent has been asked to remove the current issue of Go Natural, a naturist magazine our of New Zealand, from the shelves because of concerns about child pornography. They visited the shop after receiving a complaint from a local about the magazine.

Newsagents rely on publishers and distributors for providing product with appropriate notices regarding restricted display or sale.

0 likes
magazines

Becks on Bazaar

bazaar_becks.JPGThe same photo of Victoria Beckham graces the cover of two different editions of Bazaar on the shelves at the moment.  It’s rare we see this, bizarre some might say.

Jokes aside, it looks odd on the shelves – but maybe this will cause more people to pick up the title.

0 likes
magazines

Major changes at The Australian

News Limited has announced sweeping changes for The Australian.  These changes position the newspaper to make serious moves with its print and, more importantly, digital products.

As their story published over night says:

Mr Hartigan said separating The Australian into a new division reflected “the significant expansion of our ambitions” for the 45-year-old masthead.

These include double-digit growth targets for revenue, profit and online traffic for a newspaper that is expected to lead News Limited’s move into paid online content in Australia.

0 likes
Newspapers

Zinio launches iPhone app

Digital-magazine publisher Zinio released an app for the iPhone and iPod Touch this week, meaning you can now read electronic editions of magazines on the go.

Zinio includes embedded videos in some magazine titles, links, article sharing, and other electronic facilities that print can’t match. Through Zinio, consumers can purchase individual issues and longer term subscriptions – from within the app.

The timing is interesting on the back of the wave of e-reader announcements last week and the much-hyped iSlate(?) from Apple set to launch later this month. Check out their launch video:

Zinio is a well established company which I have written about here before. They bring magazines to devices, eliminating the print channel.

0 likes
magazine subscriptions

$30 million OzLotto jackpot most welcome

OzLotto jackpotting tonight to $30 million is most welcome.  The heat of the last two days has impacted retail sales across Victoria and I suspect elsewhere.

We will make the most of the opportunity, offering a range of syndicate products, running an up-sell promotion at the counter and configuring the business to drive impulse purchases of products with OzLotto tickets and lotteries with OzLotto tickets.

It is at times like these that we look at our basket analysis reports carefully – seeing what sold well with lotteries last time and ensuring we are ready again.  The better we understand customer behaviour in our businesses the better equipped we are to drive basket size.

0 likes
Lotteries

Old XchangeIT closed

As planned, the old XchangeIT EDI platform has closed this afternoon.  There were only 57 newsagents left as registered for this old software.  More than 2,000 migrated to the new XchangeIT Link platform.

This has been a good migration.  The real beenfits will flow when we see more competitive offers which leverage the new technology.

0 likes
XchangeIT

Fast growing news channel

The Online Journalism Blog has an excellent review of iPhone news apps.  Check it out and get a feel for the embrace of the iPhone by mainstream media companies.  In terms of uptake numbers, TechCrunch says that the UK Sky News iPhone app has just reached 1 million downloads.

What’s our role here?  At best: selling phone recharge.  Smart newsagents also sell phone handsets.  We do in a couple of my stores and they sell better than I expected.  Jenlist is our supplier.

0 likes
Media disruption

Promoting good health titles

fhn_healthmags_jan1110.JPGWe have placed this display promoting health and healthy eating titles at the fromt of the store – leading to our main Tattersalls counter.  We’re using Women’s Health to anchor the display as the new issue came out yesterday.

As the display shows, we are taking an opportunity to provide prime space promotion to titles which do not usually receive this.

The reasoning behind the display is that this is the time of the year people start to think about healthy eating.  Our plan at the moment is to leave this in place for a week.

0 likes
magazines

Leveraging the new New Idea

fhn_new_idea_launch.JPGWe are promoting New Idea next to our main newspaper stand this week as well as at our lottery counter as well as in its usual location with women’s magazines.  The collateral made it easy to create a display which connects with the theme of the TVC – this is important if we are to leverage the TV advertising spend of Pacific Magazines into retail sales.

I got to visit several newsagencies yesterday and saw similar prime-position use of the collateral.

0 likes
magazines

Relocation our Prevention promotion

fhn_prevention_jan1110.JPGAs part of a series of changes in our magazine promotions yesterday, we moved our Prevention co-location stand to the entrance to the women’s magazines aisle, next to our Darrell Lea stand. The stand itself makes such a move easy – I love well made small footprint floor units which can be easily moved.

We will leave Prevention in this location for a week or two – as well as in our women’s health area.  The current issue is selling well for us.

0 likes
magazines

Promoting Cosmopolitan

fhn_cosmo_jan1110.JPGWe have given Cosmopolitan magazine a power end, capping between our women’s and men’s magazine aisles. The two tone summer-feel collateral stands out well.  Having the product available for purchase directly off the display is important in this location – it works a treat.

0 likes
magazines

Newsagents negotiate with News Ltd over newspaper contracts

I have heard from a number of newsagents that News Limited moved ground last week on the new contracts on an effort to get newsagents to change their minds and sign.

I am told the change in approach became necessary given the considerable number of newsagents who had not signed the new contracts.  I’m also told that most of those applying to take over delivery runs were not appropriate to News Ltd needs.

The contract variations I have head about include:

  • Three month opt out clause.  Newsagents to have the right to opt out for any reason within three months of signing.
  • Elimination of unprofitable territory areas.  Some newsagents have finally been successful in eliminating unprofitable parts of their territories.
  • Additional weekly payment from News.  Some newsagents have negotiated a fee as high as $100 a week on top of other fees in return for signing the new contracts.  It appears that the fee size relates to the profitability of the run.

These and other benefits negotiated individually by newsagents demonstrate that News is prepared to move in order to keep good newsagents in place.   It also shows what newsagents can achieve when they work together.

The meeting organised by South Australia newsagents prior to Christmas has been crucial in achieving a more equitable outcome for newsagents.

0 likes
newspaper home delivery

Magazine management training opportunity for newsagents

Tower Systems is running its third free online magazine management training workshop for 2010 – tomorrow (Tuesday) at 11am.  Click here to book – there are places still available.

The session will cover XchangeIT EDI standards, efficient operational (arrival and return) processes, how to track theft and other points which drive efficient management of magazines.  Participation is open to any newsagent, not just Tower Newsagents.  While based on the Tower software, plenty of the content will be relevant to any newsagent.

This free Magazine Management workshop has been completed by at least 700 newsagents, making it the most widely undertaken newsagent training ever.

Magazines are the most significant product based point of difference newsagents have.  Managing this category efficiently is key to ensuring a financially healthy newsagency.  It is easy to grow other revenue off good magazine sales.  This is why I write so often about magazine here.  Until we find a replacement which generates as much traffic and revenue (which I doubt we will find) we need to take every step possible to achieve the best results possible.  This starts with excellent magazine management – hence the importance of this workshop.

0 likes
newsagent software