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marketing

How about this for a magazine promotion?

Would it be cheeky offering a discount off a Puzzler crossword if a Lovatts title is purchased? What about offering a customer buying marie claire a discount off the cover price of Cleo? Or a discount off Who if someone buys OK!? In each case, the original purchase is intact and the special offer added to the basket.

Woolworths in Queensland is currently promoting a deal where you can get NW and Woman’s Day for $6.95.  My idea is more about promoting across publishers and even across product catgeories – but with publishers and other suppliers financially supporting the promotion.

Newsagencies have many single item sales. Petrol outlets are the same and they address this through their counter offers. While these are frustrating, that they continue to be pitched demonstrates that they work.

We could do the same thing but in a smart way. A publisher could make an offer to newsagents to pitch their product if a competitive title was purchased. Given that we could only have one of these running at any one time, it could be a valuable new sales driver for newsagents.

We could even play with this approach and offer a discount off Woman’s Day if a customer purchases a lottery ticket.

Newsagencies have excellent traffic. We ought to consider leveraging that by breaking with tradition. If it works for petrol it may work for us. There is a win for our customers with a special offer, a win for the supplier selling more product and a win for us thanks to what should be a good back end deal meaning we make what we would have made.

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magazines

Re-purposing Women’s Weekly collateral

fhn_aww_disp.JPGWe have lifted our in-store Australian Women’s Weekly display collateral and re-purposed it for a stand in the front of our newsagency.  This stand is seen by lottery customers who do not venture too far into the newsagency – a different mix to those who would have seen the material in its previous location.  We could not do this with all displays.  Our feeling is that the Magda cover story and the media coverage it continues to generate should make it work for us.

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marketing

Promoting Madison at the counter

fhn_madison_mar09.JPGOur team has placed Madison at the counter this week. The free Oraton luxury notebook and pencil gift with the magazine qualifies it for this premium counter space. The total package looks sensational – I hope not too good to be true for impulse purchase. Certainly, the only way to display this special issue of Madison is with the notebook opened out, as we have at the counter.

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magazines

Selling Underbelly, A Tale of Two Cities

underbelly.JPGWe have Underbelly A Tale of Two Cities on our shelves for $17.95.  We have priced the book to be within reach of the Coles price.

While we would prefer a higher margin, we are happy to see it sell and for our business to be seen as being a reasonably comeptitive on price for such a popular product.

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Book retailing

Lottery Valentines Day jackpot

tatts_valentines.JPGIt is good to see Tattersalls try different marketing tools – they have sent pads of post-it type notes promoting the Valentine’s Day $14 million draw.  While we are putting these to good use, I’d like a way included to draws customers back here.

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Lotteries

Promoting Good Health and Medicine magazine with free Carmex

fhn_good_health.JPGWe are now promoting Good Health and Medicine magazine at our main sales counter position following the success of our Wiggles magazine promotion in the same position earlier between Monday and Wednesday this week.

We selected Good Health because of the stunning cover and the free tube of Carmex Lip Balm which comes with this issue of the magazine.  The display was helped by excellent collateral delivered with the title.

While this display is not the power end display ACP Magazines may like, I am confident that it will drive more sales than a more attractive display and that’s what I care about as a retailer.

This space at the counter has become the most valuable magazine promotion space for us in terms of return on space and return on time investment.

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magazines

Valentine’s Day in Frankston

frank_val_09.JPGThe team at our Frankston newsagency have created a wonderful display for Valentine’s Day, part of which can be seen in the photo. The centrepiece is the coffee machine which one lucky customer will win. Around this they have placed a selection of our Valentine’s Day gifts and behind is the start of our Hallmark Valentine’s Day card range. I had not seen the shop for a week and was immediately drawn to the stunning display when I walked in.

A good display is about theatre.  It is also about shopping.  This display delivers on both fronts – it looks great and is easy to shop.  Of course, the proof will be where we stand by February 14.

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Greeting Cards

Promoting Australia Day titles

fhn_australia_day_2009.JPGWe are promoting Take 5, That’s Life and New Idea out the front of our newsagency.  They all prominently feature an Australia Day connection.  On either side we have maps of Melbourne and Victoria – getting out and about and seeing part of Australia is behind Jason’s idea here. We pulled the flags off the Internet and created the display in around ten minutes.

The display looks more effective in real life than the photo.  We are confident it will generate good results for us.

We stayed away from balloons because we have those for the OzLotto$20 million jackpot next week and for our Valentine’s Day window.

What I like about this display is that it promotes titles from more than one publisher.  Too often we get caught up in single title or single publisher displays and this does not help our business as much as it helps the publisher.

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marketing

Think twice before buying from N-Stock

N-Stock is the buying business established by VANA to seek out deals for newsagents.  The latest promotion sent out today provides further evidence why VANA should try and become a good industry association rather than getting involved in commercial deals.  N-Stock prices on some items are more than individual newsagents are paying for the same items.  Mistakes like this make N-Stock a laughing stock.

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marketing

Interesting Newspaper subs offer in NZ

nz_herald.JPGIf you subscribe to the New Zealand Herald for six months you get to choose a free six week subscription to New Zealand Listener or New Zealand Women’s Weekly.  If you take a one year newspaper subscription you get to a twelve week magazine subscription.   I like that this offer combines newspapers and magazines and is pitched as a Christmas gift.  The twenty six week price is NZ$119.60 and the one year price is $239.20.  I don’t know the NZ market well enough to comment on the financial value to the consumer or the cost to the distribution business.

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marketing

Great gifts for AFL and Tennis fans

afl_tennis1.JPGWe are promoting the Australian Open Tennis program and the AFL 2009 Official Fixture above our newspapers as they are products which most customers will not come in to purchase.  Both are good Christmas gifts – hence our decison to use newspaper trafffic for the add-on sale. 

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magazines

Trimming the store for Christmas

sr_christmas08_instore.JPGThe photo is of the 60cm free standing Christmas sign we have created to take the Christmas pitch onto product shelves in our Sophie Randall business. At Sophie, the retail experience is different to a newsagency, shopping is more relaxed. It is a bit of a treasure hunt experience. While our windows are professionally dressed, into the shops the products themselves promote the season. We found with Father’s Day that signs this size successfully promoted the season deep into the store. We feel that the more traditional A2 posters hanging from the ceiling are not right for us.  Our free standing Christmas signs have cost us $12.00 each.

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marketing

Marketing magazines as Christmas gifts

Below is the poster artwork I have had created for newsagents to use to promote magazines as a Christmas gift. You can download the artwork – A4 or A3 size – from the front page of Tower website.   I have kept away from all newsagency branding – so that any newsagent could use the poster.

magazine-christmas-3.jpg

I selected the titles to represent range and typical gift giving opportunities. The challenge is space since it was important to represent enough of the cover. Newsagents are welcome share this with colleagues if they feel it would be useful in driving magazine sales as Christmas gifts.

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magazines

Lottery sales and marketing advice

Click here for a preview copy of the lottery sales and marketing advice I have developed.  I was looking onlin for simple free advice on how to boost lottery sales and could not find any.  While some of my ideas are not new, that they are packaged (with some new ideas) in one place makes it easy for a lottery retailer to select what they think will work for them.

Promoting lottery products is important given the impulse nature of the purchase for many customers. The completed advice sheet will be loaded at the Tower Systems website when completed next week.

Ensure that any lottery marketing you plan meets with the regulations under which you sell these products.

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Lotteries

Halloween magazines

mags_hall.JPGI meant to post this last week – the photo shows a display created showing some of the magazines featuring Halloween themed content.  In all, we had twelve magazines on display – not bad for what is considered a minor season.  I have no doubt that Halloween will get bigger and bigger.  Having embraced it for three years now we have a good head start on others.

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magazines

When customer service is your point of difference

river_view_hotel.JPGAt the River View Hotel in Brisbane on Friday, I received one of the best customer service experiences I can recall. What really excited me about the customer service experience is that it had nothing to do with personal service. No, this exceptional experience had to do with business standards and processes.

I was at the River View Hotel to present a session on How to Build a Stronger Newsagency as part of the Tower Systems Spring National Tour. I get to see many hotel functions rooms every year – the experience Friday was the best I can recall in a long time.

Beyond receiving what we had booked and paid for – the room, chairs and tables setup as we asked, a screen, power board, coffee, tea, cakes etc – they provided other items we had not requested, items which their back-office processes ensure are provided for each conference and meeting booked at the hotel.

Outside of the usual extras we see provided for meeting rooms such as pads, pens, mints and water for attendees, a white board and one or two markers (which often don’t work), they provided a fully stocked stationery kit with a full set of working whiteboard markers, whiteboard eraser, tape, scissors, a spare power cord, stapler, pens pencils and a host of other items which could be useful during a conference. They also provided fire evacuation information on the presenters table – this is usually hidden on a wall – as well as a clean rubbish bin.  They also had a clearly market central place where messages are left – so as to not interrupt any session.

For these Tower Sessions we get to a range of venues from five star capital city hotels to country pubs.  These extra items, no matter how small they may seem, demonstrate a level of thoughtfulness I rarely see in conference rooms.  While you can often ask for them it was that they were there waiting for us as part of their process which impressed me.

On the flight on the way home I was thinking about this, the back-end processes in business, which ensure an exceptional customer experience.  It is what fast food companies like McDonalds brought to Australia – back-end processes which improved the overall service.

My sense is that Australian newsagents can improve back-end processes to improve the customer service experience.  I know that we can in the businesses I own.  Here are some ideas I think we could implement at the back-end to improve the customer experience:

  • Be more consistent with our opening and closing processes to ensure that all customer contact points (lottery counter, shopping bags etc) are perfectly stocked.
  • Ensure we have a genuine value special offer in every bag every time.
  • Regularly walk the shop with the view to test for customer access and ensure it is clear all the way.
  • Have a regular free gift program where customers are rewarded unexpectedly say once a month on different days.
  • Ensure all staff have a name badge on EVERY TIME.
  • At the busiest times of the day employ a greeter to thank customers for shopping with you.
  • Pro-actively do the things you do for customers only when asked – acting without them having to ask is the kind of service people remember.

A good example of a change is either ensuring you have a credit card machine at every register or a wireless credit card machine so that customers don’t have to move from one point to another to enter a PIN number.

This is all about delivering an experience your customers enjoy and which is unexpected, an experience you can systemise in a way to ensure consistency and ease of delivery.  If you can do this you will, have customers spreading good word of mouth as I am about the River View Hotel in Brisbane.

When customer service is your point of difference it where you need to make the biggest investment.

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Customer Service

Smart marketing by Allen & Unwin

aebook.JPGGiving away the first chapter of a book is obvious and smart marketing. Allen & Unwin are doing this with ICE by Louis Nowra and The Slap by Christos Tsiolkas. Magazine publishers could use this approach in newsagencies. With around 50% of all newsagency customers not buying a magazine, we ought to promote the category through giving away samples.

Sampler marketing could work well for crosswords, fashion, food, travel, cars, health, craft and special interest categories. I have pitched the idea to several publishers without success. Budget is the main issue – production, diostribution and the expectation that newsagents would want a fee for in-store management of the giveaway.

I would give this a crack for free, to see if the promotion works – as long as the trial product offers genuine value. For example, take Good Food from ACP Magazines. An A6 size eight-page sampler of some excellent recipes and an article by Gordon Ramsay could result in greater interest in the magazine. Newsagencies are the only outlets where such a promotion could be run. We can track how many samplers were given away, when and what was in each basket included with the sampler. This data could be used to track uptake and better target promotion of the magazine.

Magazine publishers could learn from the approach taken by Allen & Unwin. Putting a sample of a product into the hand of a prospect is, in my mind, more valuable than a billboard, TV ad or some other more traditional form of advertising.

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magazines

Snakes in the shop

snake_cards.JPGOpposite the Halloween display, near greeting cards, at our Frankston newsagency one of the team members placed a large snake. It’s all part of the theatre of Halloween and having some fun in the shop. Halloween is great for that – engaging with the shop and customers for some light relief.  It is also a very successful NEW season for newsagents and other retailers.  The key is to know how to leverage the success.  At the risk of sounding like plugging a business I am involved with – newsXpress does this very well by sourcing product and excellent marketing collateral.

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marketing

Dominating the morning

I am grateful to a colleague for sending me this list of good ideas in response to a blog post here a couple of days back. These ideas fit what you might call a dominate the morning strategy – a brilliant idea which could work in many newsagencies.

Newsagencies on high streets open earlier every Morning. There are few outlets open at the time, we can provide a complete solutions for the people (both on-the-go and local) in early Morning to attract maximum sales on our traditional lines, and convenience lines.

1. Support basic lines on bread, milk, paper, cigarettes.

2. Offer coffee and food service lines.

3. Increase basket size and customer purchase frequency by tailoring offers to targeted groups, for example, health products for morning exercisers, breakfast deals for morning workers, coffee deals for morning commuters, milk and bread deal for mums.

4. Build up the volume on basic lines, and specify offers on high value-added products. Be outstanding on food service and convenience service

5. Get advice from retired newsagents and small business owners. Get advice from experts on convenience / food service trade. Get advice from suppliers and distributors. Pay for the advice if needed.

6. Be happy to take risk and loss on trying new products, be happy to make no money on certain new directions, be happy to make some stupid mistakes, be determined to dominate target trade at all cost. While it may not suit every newsagent, the list is bound to generate ideas for most newsagents.

I like this idea of focusing on a certain part of the day. The morning makes sense because we are open early, most of us at least. Given that our location is a key part of the newsagency offer, convenience as a focus makes sense too.

I can see a dominate the morning strategy working well in a high street situation.

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marketing

Coles expensive for Halloween

fhn_hal.JPGMy local Coles has some of the Halloween items we have in our newsagencies. Our prices for most items are lower meaning that, given their buying power, they have been too greedy on margin. Halloween is a small but growing season. We’re three years in and doing well. Thanks in part to Coles I maybe.

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marketing

Promoting Take5 and the free cookbook

fhn_t5.JPGTake5 earned the prized counter promotional position this week with the free Spring Sensations cookbook which comes with the magazine. It was a tough call with several magazines offering free books. Take5 won because it and That’s Life respond exceptionally well to counter promotion – especially Wednesday through Friday. We’d expect to replace the display by late friday because we should be just about out of stock by then.

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marketing

Halloween in Hong Kong

halloween_sup.JPGThis photo is from the entrance to a supermarket in Hong Kong. Their visual merchandising people have created a black tree as the centrepiece for their Halloween display. It looks stunning. There are many other displays here as good as what I saw at this supermarket – Halloween is big in Hong Kong.

We have been in Halloween for three years through newsXpress.  It has grown every year!

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marketing

Tattersalls flatters Intralot

monwedlotto.JPGThe collateral provided by Tattersalls to promote the new Monday and Wednesday games is a compliment to the cloud artwork used by Intralot to promote their games. Kudos to the two businesses for working together on a common image promoting lottery games – if that is what happened. Somehow, I suspect that they have not worked together on this and that the Tattersalls folk like the Intralot cloud style.

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Lotteries

Magazine Club Card goes international

mag_club.JPGSteven Denham has launched a Magazine Club Card in his newsagency at West Chiltington, West Sussex in the UK. This card is modeled on the card we launched four years ago. I am excited to see how it travels in the UK marketplace. Our original plan was to run the card for six months and then rest it. Resulting sales have seen us maintain the card for four years. It is a pleasure to introduce the card to a customer for the first time see the appreciation. This is what brings them back to us and not to the supermarket for magazines. I hope the card is a great commercial success in the UK.

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magazines