As I have covered at my Tower Blog, we are close to finalising the Tower Systems 2006 Fast 3 Awards. The Fast 3 are the three fastest growing newsagents using our software. Through the awards we are encouraging newsagents to compete with themselves – to enter they print a report which compares sales over a ten month period in 2006 with the same period in 2005. We measure on unit sales. The three with the most growth win. With over 1,300 newsagents using our software today we are drawing from a considerable entrant pool.
The Fast 3 Awards gets newsagents interacting with their software. They underscore the importance of competing with yourself and reward growth regardless of the size of the business. Entrants are vying for prestige more than a financially rewarding prize as this is more about the process than anything else.
There is no comparable growth focused award for newsagents.