Yahoo!7 promotes lotteries
Jumbo Corporation and Yahoo!7 have announced an alliance to bring lottery products to the Yahoo platform. Yahoo!7 Lotto, as it is called, is a very interesting move – especially in the light of the report two weeks ago that the Yahoo!7 partnership is planning to get into the free classifieds space.
Lottery products are important traffic generators for newsagents. Our bricks and mortar network has no connect with the expanding online offerings – except in Queensland where the agents association negotiated a small trail commission for online customers who purchase their card in a retail outlet.
Newsagents need to watch for a migration of lottery sales online and make capital investment decisions accordingly.
If sales in my newsagency are anything to go off, a Princess Mary cover has to be worth at least a 10% sales kick – more it it has been a while since Mary has been on a cover.