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Gift card promotion driving sales in the newsagency

gcmagsWe’re enjoying good gift card sales with tactical placement of a gift card stand next to magazines. We are careful in the placement of cards on the stand – matching cards to the shopper most likely to be in this part of the business. Gift card sales are excellent this year and while our margin is slim, for a no inventory cost product it’s better than bus tickets and lotteries, way better.

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Newsagency management

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  1. June

    Mark who do you get them from

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  2. Mark Fletcher

    Touch Networks. Better than ePay.

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  3. Gary

    This sounds great Mark. Can you give an indication of what you make from these. It would be great if lotto didn’t play such a dominant role in my business.

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  4. Mark Fletcher

    It varies Gary but close to 6%. No fixture requirement, no stock, no additional IT.

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