Gross magazine oversupply in Sydney
I’ve been in Sydney today for several meetings and to help a newsagent in need. I am shocked at the gross oversupply being experienced by this newsagent – magazine distributors have the data to stop such criminal behaviour – it goes to shop that while noisy folk, like me, may be (overall) satisfied with supply, less vocal newsagents are at risk of poor treatment.
For all the talk of standards, today’s visit reminded me of how one sided the standards issue is. How can any magazine distributor justify increasing supply on a title achieving 50% sell through or less? They cannot. No wonder this operator, new to the industry, wants to get out.
I wonder what it will take for magazine distributors, publishers and other stakeholders to understand the gravity of what they are doing? Blood on their hands? The anguish I see and hear about make that a possibility – alarmist as that sounds. Magazine distributor management ought to visit newsagents, regular newsagents, and ask if there is a supply problem. If they have the guts to do this they should wear protective clothing.
Magazine Week in the UK in September appears to have been a success in raising awareness of magazines in major population centres if their