As further point, it is worth mentioning that in newstrade, e.g. WH Smith, they take at least a third of the cover price as profit for themselves, plus they charge an annual fee for shelf space and in practice for every magazine sold, roughly the same number are not sold and pulped after the ‘off sale’ date. In practice with this magazine, as with any other magazine of any type, there are some readers who will buy the magazine or newspaper every time it is published, but there are many who just buy a magazine or newspaper if either they like the look of it, or if they happen to be in the shop. WH Smith only pay us for copies actually sold.
MB does rather well in terms of magazines sold in newstrade v wastage, but nevertheless in financial terms we receive barely half the cover price for every copy sold in newstrade and that is another reason why subscriptions are ‘pushed’ so much by all publishers of all magazines. It is worth remembering though that postage, packing and distribution handling costs for subscription copies are born by the magazine publisher – hence the subscription price can never be (regularly) half the cover price as contributors, design and editorial staff have to be paid regardless of how well any magazine sells. Basically, in newstrade you have the choice of whether or not to buy a magazine and that is unfortunately born out my the number of people who use WH Smith as a free library, across the whole magazine spectrum. You know what I mean – you can see what you want on the shelf, but there is someone standing in front of it reading another magazine that they actually have no intention of buying – hence the large number of un-saleable dog-eared copies of different magazines on the shelves which we as publishers have paid for.
Paul Freshney
Editor