SlideShare a Scribd company logo
What do we stand for?
Building the newsagency of the future… Becoming an entrepreneurial newsagent.
The professor ,[object Object],[object Object],[object Object],[object Object],Orville Schell  (photo Jane Scherr)
The publisher stirs ,[object Object],[object Object]
The epiphany ,[object Object],[object Object]
What do we stand for?
Seeing the future ,[object Object],[object Object],[object Object]
 
 
 
Who needs magazines? When you can have a conversation For every 1 magazine, more than 100 blogs
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
New newspapers?
 
 
 
 
 
 
Source: Dr Piet Bakker, March 2008
 
 
 
Books
 
 
Social media
Old media versus social media
 
 
 
Old media ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New media ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Greeting cards
 
123 Greetings, FREE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Electronic Vouchers, Recharge
Australia Mobile Telephony Market Summary (Direct Market) AU$2 billion Face Value Market – Generating Potential of $40M Net Revenues
A mistake we cannot repeat
Getting the business strategy right Mobile Operators Must Rely Only On Sound Business Models For Stable Distribution Successful Long Term Models Unsustainable Models ,[object Object],[object Object],[object Object],   Sell anywhere Sell more Less theft
Smart recharge selling Passive  vs. Active Recharge POS enabled: prompts on point of sale screen, prompts on receipts Intelligent up-sell based on purchase, actively offering up-sell deals Integrated to whole of business! Easier selling from greater enjoyment by retail staff  .. POS Counter intuitive Less counter disruption, less wait time Up sell prompts during the sale – i.e. a gift card purchase Turning the mobile carrier / retailer relationship into a partnership.
Other categories
 
 
 
 
What do we stand for?
News from the last seven days
 
 
 
 
 
 
 
“ Yes, print is a burden. It’s expensive to produce for it. It’s expensive to manufacture. It’s expensive to deliver. It limits your space. It limits your timing. It’s stale when it’s fresh. It is one-size-fits-all and can’t be adapted to the needs of each user. It comes with no ability to click for more. It has no search. It can’t be forwarded. It has no archive. It kills trees. It uses energy. It usually brings unions. And you really should recycle it. Wow, when you think about it, print sucks.   Jeff Jarvis, BuzzMachine
 
 
 
 
 
 
What do we stand for?
Where are we at today Here’s what we know…
March 2008 benchmark project ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Benchmark: Newspapers ,[object Object],[object Object],[object Object],[object Object],[object Object]
Benchmark: Magazines ,[object Object],[object Object],[object Object],[object Object],[object Object]
Benchmark: Stationery ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Benchmark: Greeting Cards ,[object Object],[object Object],[object Object],[object Object],[object Object]
Benchmark: growth areas ,[object Object],[object Object],[object Object],[object Object]
Benchmark: growth areas ,[object Object],[object Object],[object Object]
Benchmark: problem areas ,[object Object],[object Object],[object Object]
The newsagents of the future will be entrepreneurial They will stand for something
Being entrepreneurial: inside
Being entrepreneurial: inside
Being entrepreneurial: outside ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Lessons from the past ,[object Object],[object Object],[object Object],[object Object],[object Object]
The  how to  find your future ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
More  how to …  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What do we stand for?
Hard decisions about our future ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What we need from existing suppliers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The epiphany ,[object Object],[object Object]
Our future is up to us We begin by quitting as victims, process workers, lemmings and sign up as entrepreneurs, willing and happy entrepreneurs.
 
We begin building the future by forgetting the past We begin by quitting as process workers and signing up as entrepreneurs, willing and happy entrepreneurs.
 
The Honey Pot strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How often magazines are sold alone: basket data 40% 59% 48% Transport 60% 68% 75% Copying 56% 61% 68% Stationery 46% 51% 61% Tobacco 55% 61% 68% Lotteries 56% 61% 64% Cards 26% 37% 22% Partworks 49% 63% 58% Magazines 59% 73% 75% Newspapers Rural High St Centre  
Weekly title sales decay
Being entrepreneurial is a risk with the potential for excellent rewards Good data drives good decisions
Short term: the no data action plan ,[object Object],[object Object],[object Object],[object Object],[object Object]
Are we process workers of business people? This is what it comes down to, it is what will separate newsagents from newsagents.
What do we stand for?
mag nation
Browns at Burnside, SA
Patterson Road News & Tatts
Sophie Randall
 
 
 
Cash flow research headlines  ,[object Object],[object Object],[object Object],[object Object]

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