I have now reviewed the magazine sell through data I have been sent by 175 newsagencies. This unprecedented pool of data along with the newsagency sales benchmark data as well as magazine cash flow data combines to provide an extraordinary view of the performance of the current magazine supply model on newsagencies.
I have spoken to two government organisations about how the data could be used. I am also seeking independent advice and should have this in the next week or so.
My next update will be to the newsagents who have shared the data and I hope that it will outline a possible course of action.
It is good to know you are working to achieve something our newsagency associations have not. This month Network statement I have Total Deliveries $13603.06 and returns of $7649.58 by the time I pay handling costs out of that there can’t be too much profit. the environmental cost of production through to disposal cost magazines and papers must be addressed also. It is such a wasteful industry.
0 likes
Carol I am not promising anything nor am I certain. My focus here is on the truth as represented by the facts from a group of newsagencies, facts which speak to a pattern of behaviour.
0 likes
I just finished doing the survey the QNF are doing for GG over supply the figures are quite sad ,it is good to see more people get on board to help us out .Surely with the info Mark has gatherd and the info that i am sure the QNF can come up with something can happen
0 likes