Beware of marketing group fine print.
Be sure to read the fine print of any marketing group agreement. Check out how ling you are locked in and the penalties for leaving the group. I saw one newsagency marketing group member agreement the other day with this clause:
For a period of one (1) year after expiry or termination of this Agreement the Franchisee undertakes not by itself or by its Directors or its Shareholders either directly or indirectly to join with or take membership of any group marketing/buying venture competitive with or similar to … provided that the Franchisee may conduct a newsagency business without restriction.
Okay, so the landlord requires the newsagent to be in a group. The newsagent joins XXX group. The newsagent decides, after a year or so, to move to another group and resigns. XXX requires the newsagent to sit out from any marketing group for a year. The newsagent cannot breach the lease requirement that they are in a marketing group and must stay with XXX. Catch-22.
We are planning to rein in the real-estate taken by magazine merchandisers in our newsagency. While we welcome their displays, now more than ever they are promoting titles away from their location. The result is visual noise which can detract from the category which owns the space.
While the Miniature Clock Collection partwork is not setting the world on fire in terms of sales, it does have a market. We have it displayed at the front of the newsagency and in our special interest area – it’s a challenge because we don’t have any other clock magazines. I like the title because it underscores our commitment to special interest titles.
We are tracking strong sales growth for ink as a result of this latest Hot Ink flyer. Customers come in with the flyer, head for the ink bar and make their selection – usually two or more items. It is good to be a destination in this category.
Today I witnessed the commercial value of being obsessive about magazines.