A blog on issues affecting Australia's newsagents, media and small business generally. More ...

Day: August 16, 2011

The iPad and newsagents

The iPad and other tablet devices are impacting newsagency businesses in a number of ways operationally as well as at the sales counter.

In response to a comment here, here are my thoughts on the impact of the iPad and similar devices.

How the iPad can impact operationally on a newsagency:

  1. I know of newsagents who have been using their iPads as business tools since the device was first launched. They are using it for a number of purposes:
  2. To access the business from home or on the road and check sales and do back office work.
  3. To check inventory sales history from a supplier warehouse or a trade show floor.
  4. To use the iPad as an additional software access terminal without the need to purchase a full terminal.
  5. As a display device for newspaper delivery runs.

How the iPad is impacting on newsagency sales:

  1. More people are accessing news and information using mobile devices. This is leading to changes in how consumers access news and information and thereby changing the role of newspapers and magazines.
  2. More publishers are pursuing models whereby they nurture direct to consumer relationships through Apps.
  3. Some newspapers in the US have closed down their print editions in favour of and online only model. In Seattle, the publisher did this to the financial success of the business.
  4. Some magazine publishers have launched digital only titles.
  5. Many publishers are working on the reader experience to find magic which provides the reader with a better than paper experience.
  6. In books we are seeing booklets published for these devices, kind of novella in size and costing a few cents. This and other innovation is bringing more voices to the public arena.
  7. There is a move to freeing articles from mastheads, making them available for micro payments. Look at what happened when this move was achieved with music.
  8. I think that print sales will continue in slow decline. That said, I see opportunities with newspapers and magazines for proactive newsagents. This is why I will continue to champion the medium.

Ideally I would spend a couple of hours presenting about this at a conference or meeting, teasing out each of these and other points. The notes above are just some of the highlights. I hope they satisfy the interest of people here.

I’d love other newsagents to share here how they are using their iPad in their business.

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How are you promoting Famous magazine?

Famous magazine had another good sales audit. Sales were up 2.2%. Sales of NW were down 13.14% in the same period.

I think that it’s reasonable for us to look at Famous and wonder what else we can do to boost the title. Clearly, it’s a favourite with shoppers. This makes it low hanging fruit in my view. So, what are you doing to grab your share of sales growth?

Co-location at the counter or with newspapers are two steps which you could easily take.

While there is also a reasonable case for us to push competitor NW (and we do), it’s easier to promote a title already enjoying growth.

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Well done Australian Women’s Weekly

Kudos to Helen McCabe and the team at The Australian Women’s Weekly for their latest sales audit result.

To achieve a decline of only .4% in a market which recorded an overall decline of 5.3% is an excellent result.

It is challenging to change a product as well established and loved as The Australian Women’s Weekly. The sales numbers suggest that the editorial and publishing team are heading in the right direction.

They have made some non-traditional cover choices recently as part of their pursuit of younger readers.

Accounting for close to 500,000 copies sold per issue, we need AWW to be strong and healthy. This latest audit is a good sign.

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Promoting Cycling magazines

mags-bikes.JPGWe are leveraging the continuing glow of the Cadel Evans win of the Tour de France with this co-location promotion of cycling titles at the sales counter.

Cadel’s visit to Melbourne late last week extended the interest in all things cycling from what my friends in bike shops tell me so it makes sense for newsagents to pitch cycling magazines at the counter to drive sales.

We will continue this support for cycling titles for a while – until it ceases to work for us in terms of incremental business.

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Promoting The Block one-shot

We are promoting The Block one shot in each of my newsagencies.  The respective teams have done a terrific job – if I do say so myself.  They are using the title to leverage advertising and pull traffic and to drive impulse business with high impact as well as tactical displays.

mags-theblockw.JPGIn this terrific display, one of my stores is promoting The Block on the column facing into the shopping mall, leveraging excellent out of store traffic.  Click on the image for a larger version.  I love the additional visual merchandising materials they have employed (from the Reject Shop) to bring the display to life.

mags-theblockk2.JPGIn this display, in another of my stores, they have a main counter based display for The Block which they have kicked up with additional creative collateral created in-store to connect with the theme of the TV show (a block of homes) and the magazine.  Again, click on the image for a larger version.

Given that ACP is promoting that this title is available in newsagencies, I’d encourage all newsagents to get behind it.

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