Kudos to Jenlist for landing an Optus recharge margin opportunity for all newsagents. This deal gives newsagents an opportunity to grow margin from 5% for Optus recharge to 7% and even 10%.
While it sounds like I am promoting this … I am – but not for commercial reasons. I heard about it and thought it’s something all newsagents should know about. Since we see more than 1,000 visitors a day here more newsagents will be aware of the opportunity.
James Simadas, Managing Director of Jenlist, has provided some details:
This is a fabulous offer that took quite some time to get over the line with Optus… the pay-off being it is across all Newsagents as one group.
A great win for the industry!
Newsagents are able to increase their Optus, Boost Mobile and Virgin Mobile Electronic margin from 4% to 7% by simply taking the SIM Stand offer 1, which is absolutely FREE to the newsagent. ($120 retail value)
If they choose offer 2, they will be able to go to 10% margin by simply purchasing the Offer 2 pack ($500 stock) which offers $157 profit for the purchased stock plus the sale of the SIM Pack included. The Offer 2 pack includes the Offer 1 SIMS stand as well.
It’s great that Jenlist have done this. If only Optus would improve coverage around us then we would take up that offer. At present we only carry a min. of Optus. Our Telstra sales of phones and recharge are excellent.
I have dealt with Jenlist for over five years now and if there is a better supplier to do business with then I am yet to come across them. I think this is a great offer and one other newsagents should take up if they want to increase their margin.
It’s not hard to get into phones and accessories and to do it well with a little effort.
Hi Ian. If you could email me with your shop details I am happy to investigate coverage in your area. Optus coverage is improving all the time.
Angelo… thanks for your kind comments.
Mark: Thank you for posting this to let newsagents know what is available to them.
Ian, coverage is an issue around us as well. We still stock the full range of pre-paid Optus/Boost/Virgin phones and they go well (especially amongst the younger market who chew through $10 Optus top ups like they were gum). We do however get a lot of requests for Telstra products because of the superior coverage and data speeds.