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

Month: August 2014

What can magazine publishers and or magazine distributors do to stop newsagents early returning magazines?

I asked this question as part of my early returns survey this past weekend. Here are all the responses – from survey participants, not me – to this question exactly as entered except for some spelling corrected. The sequence is that in which they were entered by newsagents with response #144 being the first.

Magazine publishers and distributors this is for you. Newsagents want one thing – fair supply based on sales data. That’s not hard at all. If you value us as a channel you will listen and respond.

  1. Be quicker to cancel mags.  Be quicker to provide new mags when a customer wants one. At times I have had to wait for the2nd issue and of course, by then the customer buys a subscription online.  I should be able to cancel non performing titles even if their system says I have sold 1 copy!  Big deal.  Shez – that 1 sale the person could have moved away, or anything yet I am TOLD I have to carry it for months and beyond because of 1 lousy sale!
  2. Don’t supply us with magazines we don’t need – Please check sales data ! SIMPLE !
  3. Supply quantities based on sales
  4. Not send new titles without us opting in. We are a small newsagency in a country town, we know our clientele, there are some titles that will not sell.
  5. USE SALES DATA MORE EFFECTIVELY. ALSO IPS IS RIDICULOUS ABOUT RETURNS AND SENDS IRRELEVANT MAGAZINES JUST ONE EXAMPLE IS OFFICE CONCEPT ONE OF MANY
  6. Supply reasonable quantities
  7. Stop sending crap that doesn’t sell and start using xchangeit for what it was designed for. I done see why I should become their banker and warehouse.
  8. Supply amounts using far more up to date sales data
  9. Invoice me for sales per my POS/XchangeIT systems and eliminate returns entirely.
  10. Stop sending so much rubbish!!!
  11. Stop over supply
  12. I know what i want so let me set my own titles and amounts. It is that easy!
  13. Trust us to set our own supply quantities
  14. Start using their sales data in a constructive way
  15. Start using the data from XchangeIT that they insist we provide them
  16. Stop over supplying.
  17. I WILL CONTINUE TO EARLY RETURN AS IT ALLOWS US TO RESPOND QUICKLY TO CHANGES IN CUSTOMER TRAFFIC IE SCHOOL HOLIDAYS, LOCAL FESTIVALS REQUIRE MORE STOCK , SUMMER MONTHS, QUIET PERIODS REQUIRE MUCH LESS. WITHOUT EARLY RETURNS THERE IS A LARGE FLUCTUATION IN MAGAZINE BILLS WHICH MAKES CASH FLOW MANAGEMENT DIFFICULT
  18. Use the sales data they make us pay to give them properly
  19. Get serious about sales data! I am sick and tired of this massive oversupply issue; particularly when my sales data clearly shows what i need.
  20. Stop over supplying
  21. Supply sensible quantities …. Not have two or more issues expected to be on sale at any time ie in motoring and craftwork… work with us not against us
  22. Send the right amount. Send at beginning of month. Use SBR correctly. Ensure magazines aren’t to thick. Do not add FREE mags and ridiculous giveaways that cant be placed on the shelf.
  23. DON’T OVERSUPPLY. ALLOW ME TO SET MY SUPPLY AND GIVE ME AN OPTION TO RECEIVE NEW TITLES NOT JUST DUMP THEM ON ME.
  24. Consult with us & allow us to select titles.
  25. SUPPLY BASED ON PREVIOUS SALES
  26. Allow newsagents that are keen to build their business make these important decisions.  If a newsagent has registered  (at cost!) to XchangeIT then charge us for what we sell.  No need to process returns  must be some recognition for newsagents who are compliant and try hard!!!!
  27. Use our sales data
  28. Delay billing for all on sale period, select the titles and qty ourselves
  29. Send me 1.5 times my average sale and no more.
  30. Allow 60 days trading terms.
  31. Correct use of my sales data
  32. Use the data that is supplied to get it RIGHT!
  33. I want the titles I sell in the volumes I sell plus a few extra, with the ability to adjust these figures up and down based on MY needs.  The day we get fair control over the stock we receive and therefore become liable for is the day we can concentrate on selling, rather than managing, the stock we receive.  Sadly, I dont believe we will ever see magazine supply on a basis that is fair to newsagents.
  34. Stop over supplying so I can give new titles the attention they need..  Dismantle distributors and replace with on-line software and new distribution centre based on standing orders and orders placed by newsagencies..  Perhaps a pilot
  35. Stop sending us magazines that records show don’t sell. Stop sending us summer quantities in winter.(We are coastal).Unfortunately they also do vice versa
  36. Manage supply using sales data and take notice of my supply changes.
  37. Timing of supply is a factor.  If we are oversupplied on the last delivery day of the month titles risk being returned for cash flow reasons.
  38. Do not send plenty different magazines in same categories.
  39. Current system suits me so long as I retain the choice to early return.
  40. use the data we send them DAILY to set realistic supply levels. We are evolving and adapting, I see no evidence they are adjusting their behavior. While we are paid on sales and them on distribution – why would they?
  41. I also early return magazines that:    Have just been replaced by the new issue but still have a return date 3 weeks (or more) in the future.    Are redistributions of previously issued titles that sold poorly the first (or second, or more) time around.
  42. Supply more appropriately according to my sales history and the size of my magazine space, not how much you have in the warehouse.
  43. USE THE AVERAGE SALES DATA THEY COLLECT
  44. Don’t oversupply and don’t send me titles my business has no interest in
  45. Use the data supplied through XchangeIT to determine quantities.
  46. Look at past Sales figures.   Don’t send new tittles unless requested. Tell us about them but don’t send them.
  47. Use sales data for allocation decisions.
  48. All new titles or new to store must be approved and quantity set by retailer otherwise face high chance if early return.
  49. Look at the data we send them everyday….simple. Or let us set our own standing orders without change ie. Take 5 unless we change it due to seasons etc. We all know how many of the weekly and main monthly titles we need.
  50. Supply levels which accurately reflect historical sales
  51. Treat us equally
  52. Give us control of what we want in our shop.
  53. Align allocations to sales.
  54. Stop sending totally unsuitable speculative titles and oversupplying regular titles.
  55. Provide sensible quantities of titles in line with actual sales. Be mindful of our stores geographical location when allocating titles.
  56. Ask if I’m interesting in new titles or trying different titles ask how many I require
  57. Increase margin to 45 %
  58. Stop sending us a ridiculous amount of stock. At least 60% of magazines we receive are returned unsold.
  59. Allow us actual control over our supplies. We don’t mind extras of certain titles as id rather have more then not enough. But not on every single title, If i sell 1 magazine of a certain title for 20 issues in a row, odds are I’m not going to sell the 12 I’m sent this month.
  60. stop sending mags just because they can, trying to wear you down
  61. Allow their websites to reduce qtys to zero. Stop dumping irrelevant titles. Dont restart titles we have stopped.
  62. base supply on actual usage plus a small margin, part series are the direct opposite problem. Too few after parts 1 & 2.
  63. Realise that for both parties to optimise sales they must treat us as equals. No one likes being stood over and bullied, especially by BOOFHEADS.
  64. Do not oversupply, use sales data to send more when only a few left, eg scoop homes annual and in particular wedding titles, AFL albums etc  Do not redistribute titles that did not work previously particularly with old stickers in bad condition  Delay all billing so we are charged once we sell the title (say on all monthlies +) just a thought…  Check before supplying a new title, don’t over supply new titles  I’d like to see decent stands supplied to position mags at front of store for the greater good of magazine health.   Should have a loyalty program solution at the individual newsagency level rather than at the channel level (a bit off point)
  65. Take notice of their precious data.
  66. Give us the appropriate amount of magazines based on sales data. For sales of non weeklies 0-6 1 extra, 7-12 2 extra. Delayed billing – if it is not going to sell, no point keeping it.
  67. Convert to consignment stock ie only pay for what we sell
  68. SUPPLY = SALES = DATA SUPPLIED
  69. Examine the sells data!
  70. Let me control supply
  71. Use previous sales figures and allocate accordingly
  72. Make supply based on sales
  73. Let me set my supply and if we sell out give us the OPTION to increase supply. ALL FOREIGN titles should only be added to supply after prior advice from the distributor and us accepting and setting quantities. Recent example a $22 American Grid Iron magazine that will not sell for us and we would have refused supply if given the opportunity but instead immediately returned it.
  74. Reasonable supply, intelligent use of SBR, don’t be afraid to sell out.
  75. Look at the sales data they have and don’t continue to supply if there are no sales
  76. Stop oversupplying magazines. As simple as that. Let me set my own supply and title ranging and stick to it. When my monthly returns are equivalent to 60% of what I receive, particularly from Bauer, then something is very very wrong.
  77. Supply realistic quantities by using the data available to them.
  78. Send more of the title we sell and over stocking us with titles that don’t sell
  79. No redistributions of old titles that look like they have come out of a rubbish bin.
  80. Supply quantities that reflect sales history.  Stop supplying irrelevant titles.  Stop delayed billing. Supply should reflect saleability of a title
  81. Use historic sales figures to determine supply numbers.  For new titles, look at how the category is performing in my outlet, and send numbers accordingly.
  82. I am a Distribution only Newsagent in SA  Simple –   1. Allow me to choose the titles and supply, with intervention only if too many returns.  2. Stop the non-sense of putting allocations back to an over-supply situation after so many weeks.  3. Cancellation of a title by myself means cancellation, not re-instatement a few months later as diarised by suppliers software system.  4. Stop the non-sense of re-instating a previously cancelled title on a 1 of basis so that when I go into your web-site to re-cancel, I don’t find that supply is zero after a one of allocation of a big number for one month only.  5. Please respect the amount of time I put into (constantly) amending allocations on your web-sites by honoring the supply figures I record there, until I make further amendments not you.  6. I am not in the slightest bit interested in delayed billing and will only consider putting new titles into Sub-agents if they fit the demographics or I consider there is the chance of a sale. We are not in the business of wall-papering Sub-agent shops for a loss-making situation that produces only expenses and no income. Seriously, don’t you get that!  7. Finally, I would like you to accept the fact that your Distribution Model is broken. Until you can do that you must accept our business relationship is somewhat at odds.     Dennis Robertson
  83. Give us better control over the allocations & the ability to order or delete titles as needed online.  The wastage of magazines and the time and rescores that goes into this part of the business is making it unprofitable!
  84. Do not over supply and send magazines that will not sell in my shop
  85. Reduce the on-sale period – No magazine needs to be onsale for more than 1 month. Don’t send massive amounts of stock at the end of the month. Don’t add new titles which have no relevance to my store because I have cancelled other titles. Realise that if I have 1200 pockets, I don’t need 1200 titles from both distributors. Listen to my allocation changes that I enter online – I do this because I know that I can sell more/less of the titles that I change, not because I have nothing better to do. Give me more control over allocations,
  86. Do not oversupply
  87. I would like to totally revamp my magazines.  Despite cancelling non performing magazines – they keep coming and they reduce my weeklies to a couple of copies. They deleted Take 5 altogether and then took 2 weeks to re-instate it.  How does this happen in todays technological world.  They sure as hell, can put my supplies on stop within the hour if I don’t pay by the 24TH!  I have to get GG to reset my minimum order of individual mags to 1 as a small store the minimum set is currently 3!  I want to be able to set a standard order for my mags ea month as I would buying product from any other supplier.
  88. TRADING TERMS NEED TO BE LOOKED AT IN THE LIGHT OF WHAT APPEARS TO BE DIFFICULT ECONOMIC TIMES FOR MAGAZINES
  89. SALES HISTORY FROM XCHANGE IT NEEDS TO BE CONSIDERED
  90. Use sales data/
  91. Don’t over supply, us our supplied data.
  92. Take notice of our sales data and give us the opportunity of both selection of title and amount to receive
  93. DO THE RIGHT THING
  94. Better target magazine titles and allocations.
  95. TAKE MORE NOTICE OF SALES HISTORY AND ALLOCATION REQUESTS
  96. Not over supply, ask if want new titles and supply quantity on offs.
  97. They should be rewarded by the number of mags that are sold, not the number that are distributed.  In other words, be motivated to install an effective supply process that feeds real or accurately- projected demand
  98. Use the data we send to manage numbers
  99. Supply the quantity I usually sell rather than 50% extra
  100. GIVE US THE CUSTOMER THE RIGHT TO ORDER WHAT WE WANT.
  101. Allow us to set the orders and quantities we want. Say once a month fill out online order form and submit.
  102. To not oversupply and use up our cash-flow as times are tough now for us.  To sensibly manage our supply and returns data, for eg currently if I happen to finally sell 1 obscure title, the next supply become 4 copies.  Also the supply can be too sensitive in that if a popular title doesn’t sell as much this month, the next month’s supply is cut right down.
  103. Stop sending so many titles from US and England, a lot of these sell but a lot more don’t sell and they cost a fortune in labour to process.  Ditch delayed billing it just pisses me off! Sorry but its not the money its the space and its usually for magazines that don’t sell well for me eg political novels and weddings magazines.
  104. Distributors need to use their magazine sales data to delivery both me and the publishers a better bottom line. Not just gross oversupply.
  105. Be more realistic about the amount of stock that we are actually likely to sell. Also I do like that we get replenishment stock if we are getting close to selling out of a title but it is useless receiving replenishment stock on the day it is due to come off the shelf and be returned.
  106. They could actually use the sales data we’re paying XIT to send to them so supply is better targeted.
  107. Monitor sales and allocate accordingly
  108. Reduce oversupply  Be more responsive to supply requests  Ask before sending new magazines
  109. Respect my changes to standing orders
  110. Use sales data to supply correctly, use sales data to top up if sales exceed expectations, stop sending me obscure titles that do not suit my demographic, stop doubling up on specialist titles (how many Soduko magazines do I really need?).
  111. DISTRIBUTE BASED ON ACCURATE SALES DATA THEY GET FROM XCHANGEIT
  112. PAY A BIGGER % COMMISSION FOR TIME SPENT ON SHELVES MAYBE 20% WEEKLIES 25% MONTHLY’S 35% BI-MONTHLIES 45% 1/4’S 55% LONGER TERM OR SPACE RENT
  113. NOT OVER SUPPLY
  114. take heed of ordering when it occurs rather than do as you please
  115. Stop increasing supply contrary to sales data.  Stop supplying well in excess of normal sales just because of delayed billing.
  116. Stop sending magazines we never sell, or at least in the quantity they supply us
  117. Use the numbers supplied via XIT
  118. USE THE SALES DATA AND SET SUPPLY ACCORDINGLY AND STOP USING NEWSAGENTS AS A DUMPING GROUND
  119. Reduce the volume to something more like what we could reasonably sell. If it sells we can order more. Efficient reorder process. It can be done. We are not the warehouse or distribution centre for the publisher but are treated as such. If it sits in the distributors warehouse the publisher is going to hear about it very quickly.
  120. They can stop sending us magazines that they know, and we know, won’t get sold. Each newsagent should have a contractually agreed core range with a contractually agreed volume allocation. If they want to send us non core product they should offer to us before sending. THis should be our ad hoc decision. Equally if we want to trial a title outside of the core range we should enter into a trial period inclusion in the core range.
  121. Supply what I need – plus one more copy
  122. Understand how many pockets each newsagent has available for mags and supply only enough titles to fill those.
  123. Increase commission..
  124. Get the supply correct.
  125. Use my sales data correctly to manage supply.
  126. manage allocations from past sales and send new publication supply based on sales of similar mags.
  127. Send me an allocation relative to my sales
  128. 50 YEARS AS ANEWSGAENT NO CHANGE MARGIN FOR WORK TODAY IS TO LOW TO SPEND THE TIME ETC   GG NETWORK SYSYTEM OK  TIME AMD WORK LOAD CHECKING ACCOUNTS RETURNS ETC BIG PROBLEM NO MARGIN  JOHN KLEMM MILDURA
  129. Stop over supply, let us have a say on supply of new titles, let us set our own supply.
  130. Allow us to control our supply
  131. Network sole existence is to leech off my cash flow.  After 14 years I have come to the conclusion they have no interest in my welfare or business, similar to a couple of other so called “business partners”. The Gotch supply modal is workable.   regards
  132. Stop gross oversupply; where is Nana and ANF – haven’t seen or spoken to anyone there for  years; no one comes to us;last two times I had an issue I contacted both and never had anyone come back to me; ive never had a problem early returning.  I review ever item of expected magazines prior to  receipt of stock coming.  All marked and simply  send back easily when receiving the mags    Hope this this is useful information for you    tks Carollyne, Cessnock Plaza Newsagency   johnchalmers@bigpond.com
  133. Ask me first
  134. Use sales history.
  135. set correct orders no over supply no new tittles unless they have asked permission
  136. Give reasonable supply for titles based on sales (I send data), use SBT only when sales warrant a top up, and automatically delete titles with 0 sales after 3 issues.
  137. Stop oversupplying titles.
  138. let me set supply of mags and change supply after 2 copies of new mags and leave supply at what i change it too
  139. SUPPLY BASED ON OUR SALES DATA, & GIVING US CONTROL OF SOME OF THE TITLES WE SELL
  140. STOP SENDING SO MUCH CRAP
  141. Look at supply and return figures
  142. Appropriate stock levels. Not cramming as much stock as possible on last day of month.
  143. Stop over-suppling
  144. Pay fair compensation.  Pay for the failure of a title.
12 likes
magazine distribution

Another reason to promote Peppa Pig

peppashowThe live Peppa Pig show touring Australia is generating excellent interest and giving us plenty of opportunities for selling the Hallmark Peppa Pig cards and the Peppa Pig licenced gifts, plush and other products we have access to.

This is a mega brand that fits nicely within newsagency businesses. It’s important we are aware of the touring schedule for the show as this will attract media attention and this is what we can leverage into sales across our counter – if we promote the Peppa Pig brand appropriately in-store.

Peppa Pig is an excellent example of the importance of being on the front foot – getting out there and telling our customers and prospective customers in our catchment area that we are their local Peppa Pig outlet.

Footnote: make sure Peppa Pig related magazines are part of your Peppa Pig story.

2 likes
Newsagency management

Delayed billing does not play in newsagent magazine early return decisions

delaybill72.62% of newsagents participating in the early returns survey on the weekend have indicated that delayed billing does not impact early returns decisions.

This will shock some magazine publishers.

I know of publishers who have been encouraged to introduce delayed billing to reduce early returns.

Are you listening publishers? I sincerely hope so. I created this survey for you – to let you hear what newsagents think.

Delayed billing is administratively frustrating and while it’s nice to not have to worry about payment, it does not address the challenges of space and labour allocation to support a title.

The best way for a publisher to ensure a title remains on the shelf is for them to pay us a fair price for the use of our space.

48.81% of respondents say they early return a title because they do not have space to this play it.

The newsagency channel is the only channel selling magazines in Australia where product is sent without regard to the space available for displaying products. Our treatment in this regard disadvantages newsagents and provides our competitors with a competitive advantage.

Magazine publishers ought to study the survey results as should those working for magazine distributors. The results reflect a brokenness that must be fixed if newsagents are to stop retreating from engagement with magazines.

It is in the hands of magazine publishers and magazine distributors to fix this. I am worried that they will realise this too late to save magazines in the newsagency channel.

You can see the survey responses here.

Tomorrow, I will share newsagent responses to my last question:What can publishers and or distributors to do to stop you early returning?

9 likes
magazine distribution

Smart connection with the shopper

smartretailI love this sign I saw in a newsagency earlier this week with umbrellas and gumboots as it is smarter and smoother than a traditional retail sign that says buy me. This is not the type of sign I’d usually see in a newsagency for umbrellas. The products themselves are different too – more higher end, like fashion. Inspirational!

3 likes
Tactical display

Poor label placement can hinder magazine sales

magsbadlabelI was helping a newsagent to boost magazine sales recently and trained them on label placement. They were putting labels on titles they did not need to label and they were placing the labels without care. Placing a label over the title masthead – as in the example in the photo – can make it hard for a shopper to understand the title. What are rées anyway?

1 likes
magazines

What do you think of How Busy Women Get Rich?

richwomenI’d love to hear what newsagents think about How Busy Women Get Rich a new title released this week by Bauer Media. I find the title jarring but I am not the customer. Despite what I think we have the title placed with business as well as with women’s titles. We will give it a couple of weeks to find customers.

2 likes
magazines

Vale, Robin Williams

Today is one of those days when customers will talk a bit longer at the newsagency counter following news of the tragic death of Robin Williams. Everyone has a movie, a comedy routine or some other happy memory of the genius of Robin Williams. Dead Poets Society, Good Will Hunting, Good Morning Vietnam, Mrs Doubtfire – the list of mesmerising performances is long.

I wish I was at the shop today the shared memories would be heartwarming.

11 likes
Newsagency management

Newsagency magazine early returns survey results

earlyreturns168 responses to my magazine rely returns survey provide a valuable  insight into newsagent thinking on early magazine returns.

167 of the 168 respondents undertake early returns. 100 say they return the day magazines come in and 67 say they early return before the end of the month but not the day they come in.

What is most telling is the reasons newsagents indicate for engaging in early returns. 91.67% of newsagents say they are sent too much stock. This is a damning stat. Every copy of every magazine oversupplied has a cost in space, labour and opportunity to newsagents.

48.81% of respondents say they early return a title because they do not have space to this play it.

The newsagency channel is the only channel selling magazines in Australia where product is sent without regard to the space available for displaying products. Our treatment in this regard disadvantages newsagents and provides our competitors with a competitive advantage.

Magazine publishers ought to study the survey results as should those working for magazine distributors. The results reflect a brokenness that must be fixed if newsagents are to stop retreating from engagement with magazines.

It is in the hands of magazine publishers and magazine distributors to fix this. I am worried that they will realise this too late to save magazines in the newsagency channel.

You can see the survey responses here.

Tomorrow, I’ll look in some detail at the issue of delayed billing covered in the survey and Wednesday I will share newsagent responses to my last question: What can publishers and or distributors to do to stop you early returning?

10 likes
Ethics

ACCC has time for dating scams but not newsagents

My experience over the years with the ACCC is that they care less about situations that disadvantage small business newsagents and their customers. Despite the ACCC playing a role in the deregulation of print media distribution in Australia, they have been hands off in investigating complaints of anti-competitive of supermarkets and others compared to small business newsagents.

The ACCC does care about dating though if news reports over the last day are accurate. It appears they are investing time and money in helping Australians to avoid dating scams.

Newsagents are disadvantaged in the current magazine distribution model. This benefits the supermarket duopoly and that, in turn, dilutes competition.

The ACCC and those it reports to care less.

8 likes
magazine distribution

OzLotteries promoting Powerball $50M

po50milOzLotteries is actively promoting the Powerball $50 million jackpot with emails to people on their database. I’m on their database and don’t recall other recent emails from them as the Powerball jackpots grew. I wonder if a $50M jackpot is the trigger for their marketing to kick in.

1 likes
Lotteries

News Corp. data screw up for Attenborough DVD

There is a problem with some data sent by News Corp to some newsagents for the Attenborough DVD promotion. Here it is the end of Monday and the company is yet to make a statement. In the meantime newsagency software companies and others have spent too much time today dealing with the problem created by News – with no compensation.

News has failed. It needs to own the situation, apologise and lay out a rectification path. That’s not too much to ask.

4 likes
Newspapers

First newsagency to offer PayPal payment method

knox-paypalWe are excited to be the first newsagency in Australia to offer PayPal as a fully integrated payment method.

Using their new App, PayPal customers will be attracted to the business through the app – this is a key element of PayPal engagement – promoting your business.

The PayPal integration shows how professional app / POS software integrations should be done (note Bauer).

There will be a more formal launch once we’re through this live testing phase. PayPal has some exciting ideas for promoting the business.

14 likes
marketing

Fuel Magazine supports newsagents & we should support it

fuelmagThe publisher of Fuel Magazine hit Twitter last week in support of newsagents as the go to retailers for the specialist automotive culture title. I thanked them for their support. They are keen to see more newsagents actively get behind the Aussie title – and Fuel Magazine is the real deal when it comes to being Australian. Check out this from their website:

Fuel Magazine® is a quarterly publication focused on automotive culture, the people who live it, and the machines that they build. Each issue is over 140 pages long, is printed using high quality stocks and binding right here in locally in Melbourne, Australia.

Using good photography, writing and design presentation, Fuel Magazine® is available through our online shop, nationally via the Australian newsagency network, or through our domestic and international independent resellers.

This is a title we should all get behind.

6 likes
magazines

Early start to Father’s Day

cardsfdaystartFather’s Day cards have started selling and we are still a month away from the day. While not massive sales, early sales are enough to warrant our initial placement at the front of the newsagency. The photo shows not even a third of what we will have out by the time we are in full swing with the season. We have this stand on the lease line, facing into the mall.

1 likes
Greeting Cards

Men’s Fitness cover-up

mensfwhatI was disappointed to see the masthead of the latest Men’s Fitness magazine covered with a stuck-on ad for Anytime Fitness. With the Men’s Health and Men’s Fitness mastheads looking similar – red on white – I’d have avoided covering up a key differentiator – the word Fitness. The offer itself is not worth trashing your brand for.

1 likes
magazines

Entertainment for Rupertphiles

rupertIf you’re Sydney based and a follower of Rupert Murdoch’s businesses and career you may want to see the David Williamson play Rupert. It’s on at the Theatre Royal in the city from late November. Rupert received good reviews when it first opened last year. Maybe we could rustle up a newsagent theatre night?

2 likes
Newspapers

Sunday newsagency marketing tip: embrace local artists

This is a marketing tip for a high street newsagency, a business with a footpath in front. Invite a local artist or local artists to create a locally themed footpath mural.

Plan in advance: get Council permission, send out flyers and turn the creation of the meal into an event. If getting an artist is a challenge, try the local school.

The goal is to create activity in front of your shop, show your sport for local artists and have fun. It makes your newsagent relevant to those who care about the local community.

The local newspaper and radio station should pick up on the event, especially with the art being of a local feature or event.

I am not suggesting you try and fur this into a commercial event as that should happen naturally with traffic generated. Sometimes, the most commercially effective events are those you do not set out to be commercial events.

4 likes
marketing

Sunday newsagency management tip: manage your back room

The back room of a modern newsagency is not an ideal place of work. It’s away from the heart of the business, the shop floor.

Smart newsagents have reduced their use of a back room, transferring previous back room work to the shop floor and the shop counter, they have adjusted their buying so that stock needed arrives just in time to go straight onto the shop floor.

Using a back room less will often reduce the labour cost in the business and this is where real savings can be achieved. In your average newsagency business, an hour of adult rostered time saved is the same as selling $92.00 worth of magazines or $46.00 worth of gifts.

An better value of reducing back room focused work could be to not reduce rostered hours and instead focus the saved time on the shop floor. Good retail staff on the shop floor will drive sales and this is even more money in there bank.

Merely having a back room where work is done is an invitation to you and your employees to not be doing the one thing that makes the business most of its money – selling.

Use your back room as little as possible – if at all.

4 likes
Management tip

The front of the newsagency this weekend

fos-aug09This photo shows half of the front of the newsagents as it is set for this weekend. On the left we have part of our Father’s day card range for early shoppers, next is sand that attracts kids and parents, next is the new line of scarves that started selling when we put them out Friday, next is beanie Boos that attract young girls and finally is a display of Pacific Magazines titles promoting the $5000 shopping spree competition.

It’s a little cramped but it is working, delivering good sales off each of the units yesterday and attracting terrific traffic from the mall into the newsagency during the course of the day.

Setting the front of the newsagency shop needs to be seen as a management responsibility and a key marketing activity.

1 likes
Newsagency management