Precision Media Group leader Bob Sacks was an early adopter and claims to have America’s “Oldest e-Newsletter”. Five days a week you can open up your email and find three interesting and timely articles Bob has selected that cover a variety of trends and topics of interest to the magazine media business. Bob often includes his own insight and wit to many of the articles. On a regular basis he collects and then publishes the thoughts and responses from his readers.
Two weeks ago, I posted “Maybe We Should Rephrase The Question”, asking if perhaps it was time to stop lamenting the decline of the newsstand and instead see what was working and how we could replicate that on a grander scale. The post appeared in the newsletter and along with a huge lift in visitors to this blog, one of Bob’s readers responded to the post with a series of suggestions on lifting newsstand sales.
I’ve reposted the questions below along with my own answers. The questions are good and I hope they spark a discussion about what works, doesn’t work, and could work on the modern newsstand:
Question: What if there were five times as many places one could buy a magazine (not every magazine, but a magazine)?
At a national level something like that has happened – although not to the level you propose nor in terms of the quantity of retailers with mainline magazine racks.
There are many places now where the “newsstand” is a select group of titles that reflect what the retailer carries. Home Depot, Orschelns Farm & Home and Toys R Us are just three examples.
Twenty-five years ago, many chains in these categories did not carry magazines.
Question: What if we made the newsstand inconvenient? Like only one in a community instead of every line at the grocery?
You must be thinking that scarcity would drive up demand?
In some communities newsstands are scarce. But perhaps not in the way you are imagining.
The local wholesaler no longer exists and neither do the bookstores or newsstands that the company owned. Locally owned stores or regional chains (Think Arbor Drugs in Michigan or an IGA Supermarket) that used to carry a large assortment of magazines have been sold and merged into a national chain and the only place to get a magazine is at the Wal-Mart or Walgreens. Both now have smaller mainlines and checkouts.
The question isn’t so much scarcity of magazines so much as the dip in demand for newsstand copies of magazines and the changing habits of the shopper.
Question: What if newsstands were a drive-through?
Interesting! There is (or used to be) a “drive through” convenience store chain in northern Ohio. I do recall them on some “dealer guides” (remember those?) back in the day.
A more modern variation on that could be the “Pick Up” locations that the grocery chain Peapod has developed. But you’d have to have a committed program with the retailer. This means that someone in the current chain of delivery would have to think the idea is worth pursuing.
Frankly, it would be great (and simple) to include single copies of magazines in home deliveries of goods. My concern would be how to get the public to buy in and make it a habbit.
Question: What if magazines were sold in pairs of titles rather than one at a time at retail?
Clearly this question was asked by someone who has never seen an adult magazine “pack”.
Tongue now out of cheek: That is happening on some levels. Hearst sold a “pack” of their Fall Fashion titles this year in a gift box. Fantastic idea!
Local city publishers will often polybag a “Home” or “Fashion” supplement with their main title.
The real issue is always cost. Doing this isn’t cheap. ROI is not guaranteed. Think of the challenge if it were a case of “co-publishing” and two different publishers were involved.
And staffing. Having enough people around to make it happen is usually a challenge.
Question: How can we enhance the value of the single copy?
By charging a more realistic price for a subscription?
Question: What if single copies were sold and distributed monthly to people who meet for social reasons already?
A great idea! Let’s staff up!
In the audited circulation world, that can often be looked at as “verified” or some sort of club membership subscription – not single copy. Or it could also be some sort of paid bulk circulation. Again, the issue is finding the right group, selling them on the title, getting them to agree to a price that will pay for itself, and making the effort worth the while.
As an example, a sports book I once worked with had the great idea of selling the magazine as an added value to local sports clubs. Great idea. But hours of labor to find, locate and then sell the program to one local club would at best yield a hundred or more in a bulk delivery at a severe discount. It’s often a question of resources. Time, Inc. or Hearst may have the resources, a small circ title doesn’t.
Question: What if a fresh People magazine went home with every customer at a hair salon?
Joe Ripp is a little busy right now. And, see above for AAM circulation rules.
Question: What if a fresh copy of Real Simple went home with everyone who spent $50 at Home Depot the first week of every month?
See above. But I imagine that if an RS competitor is reading this….
Your timing is perfect! At a client meeting last week, we pitched this idea for a different title in a totally different retail environment. It is still on the tickle list so we’ll see where it goes when we meet with the buyer.
Question: What if newsstands become emporiums that sold what was advertised in the magazine(s) associated with the emporium?
If I’m reading this question correctly, you’re suggesting that a publisher try to compete with Wal-Mart in both physical and e-commerce?
If I’m not (reading this correctly), in reality one of the “pros” that we use when we pitch a magazine to a retailer for authorization is that the people who read the magazine will be in their stores looking at their wares and that the products advertised in the magazine are already in the store.
A more advanced variation on this theme can, and should be: Some level of cooperation between the publisher, manufacturer and retailer to bring potential readers into the store and purchase both the magazine and the ware. To varying degrees of success, publishers have attempted this. However, the idea is far more simple than the execution and it again, often comes down to a question of staffing and ROI.
Does Bob’s reader have some good ideas? Can we make some of this happen on the newsstand and will it lift sales?
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