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marketing

Refreshing Inkfast our online ink and toner offer

inkfast_ink_toner.jpgEarlier this week we launched a refreshed website for Inkfast, the online printer ink and toner business we started out the back of our newsagency four years ago.  We created Inkfast to capture printer ink and toner sales which we could not get in our newsagency, especially business and government sales.

Inkfast has performed well, attracting business across the country from single cartridge orders delivered to homes through to orders from government departments worth thousands of dollars.

I think that newsagents wanting to chase online business need to do so away from the shingle of a newsagency.  Whether we like it or not, the term newsagency has many preconceived opinions and biases around price, range and competitiveness attached to it.  People buying ink and toner online are looking for something different be it price, range, speed of delivery or delivery to the door convenience.

The online world is different and offering newsagency products and services online under a newsagency name will do little more than serve the existing newsagency customer base.  Sure, it is a feel good to be online but does it really drive incremental traffic.  I see little value in slicing existing traffic and reducing shop visits.

Going online is all about finding new customers who live and shop online and are unlikely to walk through your front door.  This is best achieved by running the online business separately from the bricks and mortar business.

If you research online businesses you see that strong brands have a value proposition different to what you see in the bricks and mortar world. The Inkfast value proposition is speed, it’s there in the name.  This is backed by our support for brand name product at highly competitive prices. Through Inkfast we have connected with customers we could never have reached from our newsagency.

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More coupons for newsagency receipts

receiptrollartwork.jpgMy post yesterday about promoting OK! and Who on newsagency receipts sparked emails and calls from suppliers and newsagents wanting to know more. It’s an easy process to included this free marketing collateral on receipts. It makes sense to get more value from the receipt than just as a record of a sale. Click on the image to the left to see a range of coupons we have prepared to trial in our newsagencies over the next few weeks. While we have done this promotion for years, the new coupons breathe new life into the opportunity.

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Making your own shop-a-dockets

newsagency_promotion.jpgWe are trying this ad on the bottom of receipts today to promote OK! and Who which come out tomorrow.  It has been set to run only on Thursdays automatically – so we don’t have to remember to include this.  Using the receipts like this makes them more valuable than just a record of a sale.

Other coupons we have produced contain offers to reward customers for loyalty if they come back within a certain time of the sale.  I think that sometimes retailers complicate loyalty programs and make accessing the prize too time consuming.

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magazines

Trying a mid month newsletter

sophie_randall_newsletter.jpgClick here to see a copy of the latest newsletter from our Sophie Randall gift shops. We have gone to a mid month publishing date as this fits better with our seasonal marketing plan. The newsletters are very popular with our customers, we have good evidence that they drive sales. This year, we also changed approach to connect with themes. Last issue it was Love for Valentine’s Day. This month, it’s Smile to connect with card giving occasions outside of major seasons.

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Customer Service

2009 in review from a newsagent’s perspective

It’s been an interesting year.  Here is my somewhat random selection of highlights:

Magazine launch of the year Prevention.  Brilliant marketing, excellent demand and good on-going sales.

Best magazine promotion – Hair straightener with Dolly.  Excellent traffic generator.  Great sales.   My only concern is what for 2010 and the gifts which come with Dolly?  Will the market tire of the strategy?

Magazine of the YearBetter Homes and Gardens.  Nails it every month.  Excellent cross-promotion with TV.  Easy sales.

Best magazine refresh of the yearAustralian Women’s Weekly.  Much improved – and not before time.

Best imported magazinePeople’s Friend.  A selfish choice based solely on my experience.  Ranks in top 10 magazines every week.  Excellent traffic generator. Loyal customers – I love ’em.

Worst newspaper moment of the year –  not a moment as such but a worsening frustration: Fairfax and their increased use of ads stuck over editorial content on the front page of the newspaper.

Best newspaper promotion – Discovery Channel DVD series with the Herald Sun.  Great traffic generator.  Well managed in terms of supply.

Best greeting card launch of the year.  Hallmark sound cards.  Genuine innovation.  Excellent sell through (2 times in three months in some stores).  Customers love them.  They bring theatre to our stores.

Wake up call of the year – new contracts from News Limited and how the company is handling them. Their introduction will change newsagents forever.

Biggest frustration of the year – the continued poor performance of the magazine supply model.  Magazine distributors push stock on newsagents offering barely lip service to newsagent requests / demands yet pursue newsagents aggressively for payment – often for stock which will never sell.

Best feeling of hope moment – contact from a range of independent magazine publishers who share newsagent frustration with the sick magazine distribution model.

2009 has been a good year, not as bad as we expected and plenty of green shoots in the last quarter of the year and a good Christmas trading season.

Feel free to add your own awards.

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magazine distribution

Free Christmas magazine poster from Tower Systems

tower_syatems_christmas_poster.jpgIn keeping with a tradition of Christmases past, the creative team at Tower Systems has created a poster for promoting magazines as Christmas gifts.  This is available free for all newsagents to use.  Click here for an A4 version.  Click here for an A3 version.

With more newsagents using Tower Systems newsagency software than the combined customer base of all other software companies, Tower is committed to helping newsagents cultivate healthier and more enjoyable businesses.  The Christmas poster and other free collateral is a resource any newsagent is welcome to use.

Disclosure: I am the owner of Tower Systems.

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magazines

Christmas Retail Marketing Tips for 2009

I have published new Christmas Retail Marketing Tips 2009 in keeping with a tradition of many years.  These ideas are put forward to get newsagents thinking of different ways to engage with Christmas and drive sales.

  1. CHANGE, CHANGE AND CHANGE
    Each week, move product around, keep the shop looking fresh and people will buy more. While moving stock is hard work, the pay off is that shoppers will find “new” things.
  2. CHRISTMAS ART
    Invite school, kindergartens and play groups to provide art with which to decorate your shop. Offer a modest prize for the winner. Invite public voting if you like. Be proud in showing off local art. This will bring families in to show off and show you as community connected.
  3. CONNECT WITH A LOCAL CHARITY
    Offer a local charity coupons (in a catalogue) to distribute which provide a discount off certain product categories on presentation. In return, give them a commission from each sale. For example, the coupon could offer 10% off any gift and you could give the charity 5% commission on every sale. A good charity will promote the coupons for you.
  4. KRIS KRINGLE SHOPPING
    With Kris Kringle giving growing in popularity, display your gifts based on price point. Signpost them as Kris Kringle gifts. Show people what to buy.
  5. GIVE GIFTS
    One day each week give gifts with every purchase. It could be a chocolate, a fridge magnet or a calendar. Whatever you give, make sure it is something people will like and is easily given away from the counter. Get known as the shop which gives more.
  6. SAMPLE
    If you sell chocolate, offer samples. There are ways to do this with the food health regulations. Candy companies will tell you that offering samples drives sales.
  7. SMELL
    Choose a smell for Christmas and use a vaporiser to let this waft into the shop. Darrell Lea stores do with well with a liquorice smell. I have seen store do it well with a pine tree smell at Christmas. Tap into a sense which is not often used in retail.
  8. MANAGE LINES
    With more customers in the shop this time of the year, managing lines is important. Have your best people at the counter and driving traffic so that wait time is kept to a minimum.
  9. TAP INTO SPECIALIST GIFT GIVING
    There are many gifts you can sell by showing that they relate to a highly specialist gift giving occasion: teacher, neighbour, priest, local service provider, gardener. Promoting a gift for one or more trains your customers about giving such a gift and getting it from you.
  10. ADD TO THE PURCHASE AT THE COUNTER
    Have two impulse items at the counter to be pitched in every sale. Gift tags, Christmas candy or a trinket for car, work or home. Research suggests that 18% of sales can include a counter based impulse purchase. Get the product right and tap into the opportunity.
  11. ADD VALUE EVERYWHERE
    Seize every opportunity. Have tape with gift wrap, gift bags near gift items, pre-wrapped gift items, an up-sell opportunity printed on receipts, a promotional flyer in every bag and logical layout to the store – zones for product categories with good adjacencies.

This is a season for doing more than the average.  It is an excellent opportunity to connect with new customers and win them for the long term because of your range, service and overall value proposition.

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Leveraging newspaper traffic for magazine sales

fhn_newspaper_stand_oct14.JPGThis photo shows how we are using our main newspaper display today – just across from our main counter.  Access to newspapers is easy for shoppers.  We are using the space on either side to promote other titles professionally.  This is made easy with the stands available from publishers for the selected titles.

The display does not look as cluttered as the photo suggests.  There is space in front of the stand and plenty of space around.

We also have the Herald Sun, our top selling newspaper, located at our main lottery counter.

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magazines

Promoting the Prevention magazine launch

prevention_flyer.jpgPacific Magazines has put together a flyer for newsagents to want to promote Prevention magazine ahead of the launch next week. Click here for a copy of the flyer in Microsoft Word format for local customisation.  Click here for a PDF of a sexier PDF version we did at the office.

I like the idea of promotion in advance of the launch as it positions us well for when the TV and other media campaigns kick into high gear. We are enjoying success with our pre launch promotion of the Michael Jackson calendar.  This is encouraging us to use a similar approach with other new products – such as Prevention.

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magazines

Supermarket promotion of US magazines

Magazine Publishers of America and supermarket groups Weis, Wegmans, Darrenkamps and Mattsons will participate in a magazine promotion that will give customers a $2 store discount on their next purchase when they buy 2 or more magazines in a single trip.  Read details of this promotion here.

This is an interesting move but maybe not as relevant here given the strength of the newsagency channel – magazine publishers have nothing like us in the US.

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magazines

Promoting the magazine combo pack

fhn_aww_goodhealth.JPGWe are participating in an interesting trial with ACP Magazines promoting the Australian Women’s Weekly and Good Health in a a newsagent’s version of a combo pack for $10.95.  This bundled offer saves the consumer $2.80.  Magazine combo packs like this are popular among UK publishers – particularly in supermarkets from what I understand.

The trial should give ACP sales data with which to assess bundled offers.

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magazines

Promoting Father’s Day

fathers-day-blog_sr.jpgThis is a copy of the artwork we have developed for for Father’s Day for our four Sophie Randall card and gift shops in Melbourne.  We do not use collateral from card companies other than header cards – hence the need to create our own seasonal pitch.  Father’s Day tends to be promoted with a more traditional look than other seasons.  We wanted something lighter but still emotive.  For those interested, we did the artwork in house and paid $6.00 a poster to have them professionally printed on think card.

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marketing

New mobile recharge collateral

rechargeyourmobilehere.jpgTower Systems has released artwork for new in-store collateral promoting mobile phone recharge.  This is available to users of the Tower eziPass electronic voucher platform.  The plan is to release further new collateral heading into Christmas – so that the offer remains fresh.  Mobile recharge is a good impulse purchase opportunity in newsagencies and fresh collateral is key to that.  The artwork is available to paticipating newsagents without cost.

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Brilliant marketing idea

Shayne and Roslyn Clarke of newsXpress Cooma showed me a brilliant, cost effective and simple marketing idea.  They sponsor the drink coasters at a local club.  This shows their support for the community and puts their brand in front of plenty of people outside their shop – a few hundred dollars well spent.

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marketing

Promoting the newsagency to passers-by

sophie-newsletter-july-2009.jpgClick here for a copy of the July newsletter for our Sophie Randall gift shops.  We have these available in front of the shops and we mail them to our database.  There is a correlation between what we promote in the newsletter and sales.

I am surprised more newsagents don’t produce newsletters and have them available from the front of the newsagency.  We have excellent traffic – shopping or passing by.  Every opportunity ought to be taken to leverage this.

At Sophie, we buy products in specifically to be promoted through the newsletter.  This month, it is the four books we feature.  These are high margin items for us yet still priced competitively.  We look for deals two months or more out.  They must meet demographic, pricing and margin criteria.

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Driving impulse purchase of Australian Women’s Weekly

fhn_aww_jul09.JPGWe are promoting the July issue of Australian Women’s Weekly at our busiest and most successful (for magazines) counter position from today.  The free eating in mini cookbook and stunning looking cover are sure to drive good impulse purchases.

It was great to get good collateral with stock of AWW this morning – we have enough for our week 2 plan – a display in the front of our newsagency.

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magazines

Poster to promote crosswords in newsagencies

puzzle.jpgThis is a first draft of a poster to promote crossword magazines which we are developing in-house at Tower Systems to provide to newsagents through this blog without cost.  I’d apprecaite feedback either here or direct by email.  Ignore the actual titles – we will drop in current titles representing several publishers before we are done.

In developing the brief, I wanted to pick up on the health benefits of crosswords without being too in-your-face – we miss this opportunity too often

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crosswords

Mall posters drive ink sales

fhn_ink_mall.jpgThe posters we have placed in the malls, away from our shops at Frankston and Forest Hill are working for us.  In both stores, customers have mentioned the posters when buying ink from us.  We have posters on display around each centre – the centres provided the space without cost, we provided the posters themselves.  The same collateral is also on display at the websites for each centre.  Plus, we have flyers on display at customer service booths and material included in newsletters sent out by centre management to their database.  We were careful to craft a compelling call-to-action message targeted at the shopper.  As I noted, this campaign is working, customers are buying ink as a result!

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marketing

Promoting the copying service

quayside.jpgThe landlord at the Bayside Centre in Frankston has provided access to large format poster lightboxes for June for our promotion of copying and related services.  Australia Post has moved out of the centre and they were doing good copying business.  The opportunity to promote the business elsewhere in the centre was too good to pass up.  While we wanted to hold off until we rebranded the business, the space was free this month so we took it.

We did the artwork in-house to the standards required by the landlord and and are supporting the posters around the centre with flyers given to other tenants and being put in customer bags.

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marketing

Promoting outside the newsagency

hotink_foresthill.jpgOur landlord has given us free lightbox space in the centre at Forest Hill Chase for large format posters.  We are using these this month to connect with our ink offer.  The posters promote saving money and brands – the two most important messages when it comes to driving ink sales.  Given that our HOT Ink! brochures hit homes around the centre last week, the placement of the posters is timely.  Our only cost has been in creating the artwork and having the posters printed.

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Promoting Annette Sym cover on Lovatts BIG

fhn_big_annette_sym1.JPGAnnette Sym graces the cover of the latest issue of Christine’s BIG Crossword from Lovatts.  Annette’s Symply Too Good Cookbooks have been sold in newsagencies for years.  We are promoting BIG and Annette’s books at the end of our busiest magazine aisle.  We also have BIG in the crossword section and in a pocket on the display near our main lottery counter.  Click on the image to see a larger version of the photo.  We were fortunate to have Annette at our store for a demonstration a few years back – she was very popular with our customers.

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crosswords

Promoting the gift shop

sophie-newsletter-may-2009.jpgClick the thumbnail here to see the May customer newsletter we have produced in-house for our Sophie Randall card and gift shops.  We have evolved from the news style newsletter we have used for the last two years into something which is more shopper/shopping focused. These newsletters are placed in a stand in front of our shops.

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marketing

Promoting the local florist

florist_marketing.JPGA florist in Frankston gives us a nice flower arrangement in the lead up to Mother’s Day to promote their business and provide one lucky customer with a fresh arrangement for their mum.  I like that this promotion supports a business in our centre, gives our customers a winning opportunity and brightens the shop for a couple of weeks.

I’d note that this is not our initiative, it started long before we bought the business.  We’re happy to maintain the tradition.

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marketing

Promoting Rainy Day activities

fhn_rainyday.JPGOn a rainy day last week, our team at Forest Hill setup this display near our photocopier. I like it because it guides customers to a purchase for a purpose, especially if it is raining outside. It also brings together products from several categories: kids magazines, craft products and activity books. In most cases, the items promoted are usually located further away from the main traffic area of the shop.  The only item I’d add if we carried them would be an umbrella.

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marketing

Marketing outside our four walls

sr_mothersday_diana_book.jpgWe are finding some shopping centre landlords to be more flexible than usual in providing promotional opportunities in this marketplace.  Access to poster units and other places for displaying marketing collateral is free.  While some landlords continue to charge for everything possible, smarter landlords are working with retailers for mutual benefit.

We are talking with the marketing departments and hunting down out-of-store marketing opportunities in our shopping centres.  The photo is a poster we have put together to promote our Mother’s Day special for Sophie Randall. This is the type of collateral we will create in-house for these marketing opportunities – promoting offers exclusive to us.  We don’t see any value on a generic promotion which does not play to our unique offer.

We will have a similar campaign running for at least one of our newsagencies.

This type of external marketing is essential, especially if we can access the space for free. While there is a cost in creating the collateral, a compelling offer should generate the return to justify the investment.

If we do nothing then we rely passing trade and in today’s circumstances that is not enough.

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