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newsagency marketing

Newsagent conference opportunity

Newsagents interested in a hands on look at the newsXpress marketing group are welcome to consider attending the two conference on the Gold Coast in two weeks. The agenda offers practical sessions mixed with newsagent presented content as well as authoritative keynote speakers. While numbers are excellent, several spaces have been reserved for non newsXpress members considering the group to participate. Click here for a black and white version of the conference brochure.

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newsagency marketing

TV ad update

The advertising agency creative team is busy putting together the TV ad for newsagents which we are funding.  We hope to see a first cut on Monday next week.  Thanks to generous offers from the Herald Sun and Lovatts, we are creating a print version of the ad to run in these publications.  It is a thrill to see these two suppliers get behind the newsagent TV ad initiative.

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newsagency marketing

Last call for photos of newsagents

tvc_stations1.JPGIf you want your newsagency represented in the TV commercial I am producing to promote the channel, please send in a high res digital photo ASAP. One daily newspaper has offered to run a full page print version of the ad in several issues free as has a major magazine publisher. This supplier support for the advertising initiative is most welcome.

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newsagency marketing

How to win from high petrol prices

As I wrote six weeks ago, the 50% increase in the price of petrol over the last year is an opportunity for newsagents. We are the quintessential local business. We sell national brands locally. People don’t have to drive. We can help them sale fuel costs. Here is a more extended list of ideas on how we can seize the opportunity:

  • Promote local shopping. With with nearby retailers and produce a flyer promoting how shopping locally saves on petrol, time and money. Prepare a follow-up flyer to promote how your prices re as good as bigger businesses further away – reinforce the petrol saving pitch again.
  • Get together with local traders. Create a website to promote your local shopping. Promote the businesses, easy parking and how they can save on petrol by shopping locally.
  • Study the numbers. Work out what an average shopper could save on petrol by shopping locally compared to driving to the nearest largest centre.
  • Improve convenience. Look at how you can make shopping at your newsagency even more convenient and appealing.
  • Delivering value. Offer a free delivery service for purchases above a certain value. Promote this around a theme save on petrol!
  • Offer deals for volume. In some areas people will shop less frequently. Drive a deeper shopping basket by offering deals for a bigger spend.
  • Local Marketing. Reconnect with households and businesses around your newsagency and remind them that you have locally what they might otherwise drive for – or that you can get it in for them.
  • Comparative pricing. Make it your business to beat a major competitor on some popular items. For example, at our shop, our printer ink prices are better than Big W, Australia Post and Officeworks. While customers discover this and are thrilled, a small sign near the category could people not in the market for ink to trust us for other categories and shop locally more often.
  • Save money. Do deal with a local independent petrol outlet. Offer coupons for discount petrol which they provide in return for them handing out discount coupons for use in your newsagency.
  • Talk it up. At your next team meeting share some ways they can let customers know that shopping locally reduces what they spend on petrol.

While rising petrol prices present serious challenges for newsagents, they also present opportunities worth exploiting.

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newsagency marketing

ACP Connections Conference a success

conect.JPGI was fortunate to attend most the 8th Annual Connections Conference organised by ACP Magazines yesterday in Melbourne.

The sessions I attended were genuinely beneficial. In between there were excellent networking opportunities. The place was buzzing as you would expect with more than 200 proactive newsagents talking shop. The dinner last night was wonderful – great food and fantastic entertainment.

One graphic summed up the importance of Connections. On a year on year same store basis, Connections newsagents are more likely to show growth compared to non Connections newsagents. I know I make comments on here from tile to time about single title displays and the cost of this real-eestate. This graphic showing the channel wide value of the Connections program is proof that embracing the program has commercial benefits for participating newsagents.

Congratulations to newsXpress Gympie for taking out the Newsagent of the Year Award.

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magazines

Why I am advertising newsagencies

tvc_stations.JPGI am thrilled with the response to the TV campaign for newsagents which I announced here last Friday.  Newsagents are pleased that their shingle will feature on a wide variety of TV channels.    What is needed most right now is photos of happy newsagnts standing in front of their shops and counters.  The more of these we get the more the direct of the TV commercial will have to consider.  If you have a photo you would like considered please email mark@towersystems.com.au.

There are a couple of cynics bagging the idea, saying I have an ulterior motive.  No, no ulterior motive.  My motives are well explained in the letter I sent to all newsagents.  I believe in this channel and rely on this channel.  The TV commercial is the best way I can demonstrate this to all newsagents regardless of their marketing group or software company affiliation.  The alternative is to do nothing – but I figured there has been too much of that over the years.

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Newsagency challenges

Flo’s pumpkin scones, yum!

kingaroy-mall-lady-flo-promo-aug08_5.JPGDonna and the team at newsXpress Kingaroy Mall engaged in local marketing at its best when they had Lady Flo Bejelke Petersen in to sign her new book containing her world famous Pumpkin Scone recipe. Being local is important to newsagents.  We see ourselves as a community hub so it makes sense that we seize opportunities to reinforce this, as the folks at Kingaroy did with Lady Flo.

Thinking about this today made me wonder how many newsagencies have a Lady Flo in their area and whether any move has been made to embrace the opportunity.  In my own situation I’ve neglected to research this.

With fuel prices the way they are, focusing more on local makes sense.

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newsagency marketing

National TV campaign for newsagents

I am pleased and proud to announce a national TV campaign for newsagents to run on Free-To-Air (7, 9 and 10) and Foxtel, Austar, Optus pay TV networks on UK TV, Hallmark, Bio, W for Women, Arena, Discovery Travel & Living, E!, Fox Classic, History, Lifestyle Food channels over the last two weeks of September. For details of this campaign please click here.

The script for the TVC, to be voiced by quintessential Aussie male actor, is as follows:

From the goldfields of Victoria in the 1800s to today, newsagents have been the backbone of communities across Australia. 

Your local newsagent is a friendly place to find the day’s news, that special greeting card, your favorite magazines, stationery for home or business and a warm smile. 

From early in the morning, newsagents are open when you need them and ready with personal service bigger businesses have long forgotten.

Newsagents are people too.  They’re your neighbours and mates, a good Aussie tradition. 

Next time you want a magazine, a birthday card or some stationery, support your local newsagent and keep business local.

The reason I have announced the plans for the commercial is get newsagents to send me photos which can be used.  The people in our network – newsagents and their team – are our key asset and I want them to feature on TV.

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newsagency marketing

Reenergising your newsagency

Embracing Change is the theme of the inaugural newsXpress conference on the Gold Coast in September. The agenda packed with presentations focused on practical advice for newsagents.  Peter Sheehan, author of the book excellent Flip will present the conference Keynote speech.  I read Flip earlier this year – it speaks to newsagents and the challenges we face right now.

Included in the very practical agenda is a series of Show & Tell sessions where newsagents speak from practical experience on innovation in their businesses.

If you are looking to re-energise yourself and your newsagency and are considering joining the newsXpress marketing group this conference would be a good way to experience the newsXpress difference.  A limited number of positions are available for non-newsXpress members.  For further information please email paulw@newsxpress.com.au.  Non members will have access to all conference sessions except for one which is for members only.

Disclosure: I am a Director of newsXpress and a speaker at the conference.

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newsagency marketing

Call for photos

I am working on a project for newsagents which requires photos of newsagencies – very specific photos though. What I am looking for if photos of newsagents, their staff of their family facing the camera, smiling either in the shop or, ideally, outside showing the front of the shop. They need to be photos you own the rights to. I am looking for one photo from each newsagency – the very best you have. In digital form only. preferably 2MB or better. I need them by Monday next week. Please email your photos to mark@towersystems.com.au.

I will announce more details on this project in the next two weeks.

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newsagency marketing

Rising petrol prices can help newsagents

petrol.JPGThe higher price of petrol climbs, the greater the opportunity for newsagents. People will think before they get in the car and drive to shop. If they can get what they want locally they will walk or at least drive a shorter distance. This is where the high petrol price is an opportunity for newsagents. We are the quintessential local business. We ought to seize the opportunity. Here are some ideas:

  • Local Marketing. Reconnect with households and businesses around your newsagency and remind them that you have locally what they might otherwise drive for – or that you can get it in for them.
  • Improve convenience.  Look at how you can make shopping at your newsagency even more convenient and appealing.
  • Comparative pricing. Make it your business to beat a major competitor on some popular items. For example, at our shop, our printer ink prices are better than Big W, Australia Post and Officeworks. While customers discover this and are thrilled, a small sign near the category could people not in the market for ink to trust us for other categories and shop locally more often.
  • Delivering value. Offer a free delivery service for purchases above a certain value.
  • Save money. Do deal with a local independent petrol outlet. Offer coupons for discount petrol which they provide in return for them handing out discount coupons for use in your newsagency.
  • Talk it up. At your next team meeting share some ways they can let customers know that shopping locally reduces what they spend on petrol.
  • Offer deals for volume. In some areas people will shop less frequently. Drive a deeper shopping basket by offering deals for a bigger spend.

While rising petrol prices present serious challenges for newsagents, they also present opportunities worth exploiting.

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marketing tip

Thanks to the AFL

afl_prod.JPGAFL related products are great for newsagents. Here we are well into the second half of the season and AFL products are selling as well as ever. Cards, figurines, cards, magazines, cards, albums, kids magazine and, did I mention, cards. While cards are the killer product, most of the products are perfect at the counter as an impulse item. On pure sales results, the AFL is the most important sport in my newsagencies.

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newsagency marketing

Marketing tip: coupons

coupon1.JPGA good way to promote your newsagency is to offer something of value to another business to giveaway. Using Microsoft Word it is easy to create coupons tailored to your business. These could offer a free gift with a purchase, a discount off, say a magazine, a two for one deal or some other offer available only through your business. The right coupon with a compelling offer handed out at a neighboring retail store should drive additional traffic. You can do the same for them from your business.

The keys to success with coupons are:

  • The offer provides real value.
  • It is only available at your store.
  • You target people who are less likely to visit your shop.
  • There is a time limit on redemption.
  • The retailer you partner with, to hand out the coupon, believes in the offer.
  • The coupon itself is simple – the value proposition has to be “got” immediately.

Many newsagent suppliers will work with you on this type of marketing by providing giveaway items if one of their items is purchase or a discount on incremental sales. The key is to ask.

Coupons are an easy and cheap marketing opportunity. I’d suggest newsagents engage in three or four such campaigns a year. If nothing else they get the name of your business in front of other shoppers and other businesses.

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marketing tip

The Classic Australian Movie Collection

I have see the TV commercial for the Classic Australian Movie Collection partwork series which is to launch July 16.  Like other partwork TV commercial, it is designed to drive traffic exclusively for the newsagent channel.  The first five movies are: The May From Snowy River, Gallipoli, Sunday Too Far Away, Rabbit Proof Fence and Picnic at Hanging Rock.  This series has the potential to be HUGE and it is exclusive to newsagents!

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newsagency marketing

The newspaper honey pot

newspaper_honeypot.JPGNewspapers generate a tremendous amount of traffic for newsagents. The photo, taken yesterday at Forest Hill, shows how we try and leverage add-on sales from this traffic. We have more items around papers than usual because all other display spaces are being used. Usually, we would have only two stands next to newspapers. That said, what may appear to be a cluttered look is working well without hurting newspaper sales. We will leave the display setup like this for several more days, a week in total. Anything longer and customers don;t notice.

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newsagency marketing

Foreign language newspapers

foreign_newspapers.JPGIl Globo, Neos Kosmos and Sing Tao Daily are part of an important category for newsagents. Foreign language titles bring in loyal customers who visit daily or at least several times each week. By intelligently promoting around these titles, and respecting the opportunity their loyalty brings, we are able to make the newspaper purchase quite valuable.

I see foreign language newspapers treated as second class citizens in too many newsagencies. Since they are effectively exclusively to us in many areas we ought afford them appropriate respect. By respect I mean treat their display with some are, make sure you have the product out on time, offer a putaway service, promote the masthead in-store to let people know you are proud to carry the product. This will be noticed by customers.

Good foreign language sales will drive lottery, Western Union business, mobile phone recharge and card sales – based on the sales data I have seen. There is a definite correlation between these departments and foreign language newspaper sales.

I am happy to allocate good retail space and devote management time to foreign language newspapers. They serve me well.

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newsagency marketing

Marketing the Tax Pack

tax_pck.JPGWe have co-located the Tax Packs in our newsagency, in the body of the shop and at the front of the shop next to our Financial Year diaries. We are treating them as a magazine in the way to promote the Tax Packs – even though they are free and we are paid next to nothing to have them available.

Being the only outlet in our centre with Tax Packs we figured it is a good opportunity to promote and help our customers. All newsagents should do that … actively promote these Tax Packs as an opportunity rather than a chore.

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newsagency marketing

New Visa Prepaid offer for newsagents

SCX Global, newsXpress and Tower Systems are thrilled to launch four Visa Prepaid card products through our eziPass platform. CANVAS, VCARD, Just4 and Secure Cash Xpress provide newsagents with competitive products for several demographics. Commission on each card sale is between 30% and 40%. Commission on reload is five times the commission for BOPO.

The four new Visa Prepaid products available on eziPass are:

CANVAS, a reloadable Visa Prepaid card for everyday personal use. Great for teens and small business expenses.

VCARD, a Visa number, no plastic, for easy and safe shopping online, by phone or mail-order.

Just4, the perfect gift card. Can be redeemed where Visa Prepaid is accepted.

Secure Cash Xpress, 2 linked Visa cards – top up in Australia, redeem overseas. Perfect for sending money regularly to friends and family overseas.

Further information and sign-up forms are available here. The only requirement is that newsagents are using eziPass. More than 600 newsagents partner with eziPass already.

eziPass is available, free, for all newsagents. Sign up now at: www.ezipass.com.au

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Financial services

Borders to discount magazines in UK

Borders is to discount magazines in its stores with a buy one get another at 50% off deal during Magazine Week in the UK.  I am not sure how I would react to that given that more than half magazine sales in most newsagencies are two or more magazines.  If it is genuine incremental sales we want we would need to do something like buy three and your fourth is free.

While Borders claims their campaign is the first discounting across all magazine titles, here in Australia, our Magazine Club Card launched in mid 2004 is the first.  It’s still running at Forest Hill where we started it as well as all newsXpress newsagencies where yeasr on year same store growth is considerably above the industry average.

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magazines

Marketing your newsagency

mf_book.JPGI was doing some tidying up yesterday and came across a copy of Marketing your Newsagency, a book I wote for D W Thorpe publishing in 1994. Thorpe published the Australian Newsagent & Stationer, the journal of record for newsagents through the 1980s and 1990s.

While not usually drawn to nostalgia, I did spend an hour leafing through the pages of Marketing your Newsagency – for the first time in at least eight years. I was surprised to read material relevant to the newsagency experience today. Of course, many retail marketing tips are timeless.

It was my comments about franchises which surprised me – I said newsagents ought to get together, re-brand behind a new name and with the disciplines of a franchise structure. While the challenges which existed in 1994 which led to me forming the view I put forward in the book remain today, groups of newsagents are responding and leaving others behind.

Some of what I wrote in Marketing your Newsagency is embarrassing to revisit as it reflected naiveté about some of the challenges newsagents faced at the time – I wrote the book two years before I purchased my first newsagency. However, it is what it is and for the most part, the marketing tips remain useful for any newsagent.

I might spend some time extracting the ideas which are genuinely useful today and repackage them in some form for the use of others. But that’s a project for another day.

I miss the folks at DW Thorpe and Australian Newsagent and Stationer.  It was good a good magazine.

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newsagency marketing

End of financial year marketing

Here are some sales and marketing tips newsagents could consider in the lead up to the end of the financial year on June 30:

  • End of Financial Year Sale. Nothing too special or complex in this idea. Get together items which are slow movers, bring them to the front of the shop on a table. Pitch them with a healthy discount.
  • Grab a deduction Sale. Put together items for which a tax deduction could be claimed. These items could be certain magazines, business stationery, even newspapers.
  • Prepay and save. Invite your local business customers to prepay for newspaper pickup for months in advance or for photocopying in advance. These expenses can be claimed this year even though the services are rendered next year. There are tax Office rules around the value which can be prepaid.
  • Tax Pack sale. Newsagents give away Tax Packs for the Tax Office. Display these toward the front of the shop with a special stationery offer nearby.
  • Tax Time Clinic. Invite a local accountant or tax agent in for a session of tax advice (with appropriate disclaimers around the advice). They could sit at a able in your newsagency somewhere and take individual questions for, say, five minutes at a time.
  • Tax free lottery. Build a promotion of lottery product around the tax theme. Since prize money is tax free.
  • New Year party. Dress up the shop around June 30 and have a big old celebration. With streamers, poppers and helium filled balloons it could bring some warmth to an otherwise cold winter.
  • New Year resolutions. Setup a white board or some butchers paper and invite customers to write down their new financial year resolutions.
  • New Year coupon. Make up a small business card size discount coupon – 25% off greeting cards, 10% of a magazine … any discount you think will speak to your customer. Call it your Happy New Financial Year Discount. While most customers will not care about the new financial year, enough are sure to engage with your efforts around this.

There are plenty more simple ideas like these. The idea is to seize the opportunity to bring some excitement to the business. Subtly, these promotions remind your customers of your connection with the New Year – diaries, new financial books and other items people are likely to buy around this time.

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newsagency marketing

Brilliant initiative from Waterstones

Waterstones, the High Street UK bookshop chain, has launched an initiative to encourage budding writers who want their short stories published. Given the breadth of product catgeories covered by newsagencies, we could launch similar competitions for people to:

  • Design greeting cards.
  • Write for a magazine.
  • Invent new stationery items.
  • Design new gift wrap.
  • Write Australia’s best letter.
  • Find the best use for recycling newspapers.

The Waterstones competition is good because it focuses on their core product category of books and connects with a popular aspiration. Newsagents could take a similar approach with a competition and drive media attention on categories primarily linked to us. It is the kind of feel good story which could get a run on the right day.

If I had to choose one idea, it would be design a card. It works on a number of levels and given that we own around 50% of that market, such a promotion would serve us well.

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newsagency marketing

Coles makes a pharmacy push

pharma_direct.JPGWith a Coles Online grocery delivery at the office this morning we received this catalogue for Pharmacy Direct, the online pharmacy business purchased by Coles a while back. Maybe Coles is finally leveraging the online pharmacy business through their broader business. The catalogue is a reminder to local pharmacists that the supermarket giant is committed to playing on their patch. It is also a lesson in how to leverage one part of the business for another – how many distribution newsagents leverage home delivery customers for other business?

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newsagency marketing

Passive marketing in retail

mday_mag.JPGThis booklet from Coles promotes Mother’s Day activities and items they sell to support these. It’s good passive marketing. Coles produces one for each season – sometimes two seasons with the booklet flipped around when the new season kicks in (as they did at Easter). We try for something similar with our newsletter but it’s not the same since consumers shop a newsagency differently to a supermarket – we have not created the same checkout opportunity.

Newsagents did have something like this years ago – Nmag – it was well products but the content was too dominated by magazine related content and offering focus across other categories we sell.

Newsagencies have many connections with seasons and there is where a seasonal promotional publication like this would work. Take Mother’s Day – cards, magazines, gifts, even lottery products.

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newsagency marketing