Categories of the month SPOTLIGHT ON: Space
Transcription
Categories of the month SPOTLIGHT ON: Space
February 2014 Magazine and Newspaper Category Management Advice SPOTLIGHT ON: Categories of the month General Interest Home Improvement Space Optimisation p13 Trade & Professional ALSO IN THIS ISSUE... Promoted Titles p5 What’s Hot p7 Spotlight on Space Optimisation p13 Promotional Schedule p16 Events Calendar - February p17 brought to you by GENERAL INTEREST Introduction The General Interest market is worth £14.2m, with Independents taking nearly 40% of all sales revenue. General Interest is therefore an important sector for Independents. It is a diverse area, covering consumers’ specific areas of interest (not limited to Hobbies). The sub-sectors are: • • • • • • • Miscellaneous - e.g. Family Tree, Nexus and Readers Digest Crime- e.g. True Crime Sci-Fi- e.g. SFX and Sci-Fi Now Religion - e.g. Jewish Chronicle and Church Times Literary - e.g. Literary Review Tattoo - e.g. Tattoo Ideas Jobs - made up of Jobs and Careers £14 worth £14.2 million 40% independents share of sales revenue Diverse though more likely over 55 and female Buyers of General Interest magazines are more likely than the average News and Magazine shopper to be female and over 55. They are likely to be mid-affluence consumers who are health conscious, traditional and economical. Display guidelines The biggest sub-sector is Miscellaneous, with best-sellers largely in the area of genealogy/family trees. Therefore the priority is to stock a wide choice in this sub-segment while choosing the best-sellers from the other sub-segments. Get to know your customers and stock the magazines most relevant to them- e.g. in the Religion sub-segment although Jewish Chronicle is ranked higher, it may be more appropriate in your area to stock Catholic Herald or Muslim Weekly. True Detective Master Detective History Today Nexus Church Times Fortean Times Sci-Fi Now True Crime Literary Review Family Tree Reader's Digest Jewish Chronicle SFX Skin Deep Independent Retail Rankings Title National Ranking Sub Sector Stocking? Title National Ranking Sub Sector Stocking? Title National Ranking Sub Sector Stocking? SFX 465 Sci-Fi HOROSCOPE 1187 Crime JEWISH TELEGRAPH 275 Religion SCI-FI NOW 680 Sci-Fi TRUE CRIME 334 Crime UNIVERSE 424 Religion FORTEAN TIMES 690 Sci-Fi TRUE DETECTIVE 345 Crime CATHOLIC HERALD 451 Religion FAMILY TREE 532 Miscellaneous MASTER DETECTIVE 374 Crime TABLET 605 Religion YOUR FAMILY TREE 1048 Miscellaneous TRUE DETECTIVE SUMMER 519 Crime C OF E NEWS 677 Religion READERS DIGEST 746 Miscellaneous MURDER MOST FOUL 615 Crime LITERARY REVIEW 1208 Literary NEXUS 751 Miscellaneous TRUE CRIME SPECIAL 732 Crime BOOKSELLER 1222 Literary HISTORY TODAY 773 Miscellaneous JEWISH CHRONICLE 23 Religion TATTOO IDEAS 493 Tattoo BBC WHO DO THINK YOU ARE 1012 Miscellaneous CHURCH TIMES 49 Religion SKIN DEEP 493 Tattoo CHOICE 1184 Miscellaneous METHODIST RECORD 166 Religion TATTOO ENERGY 843 Tattoo p2 HOME IMPROVEMENT Introduction The Home Improvement market is worth £12.3m per year of which independents have a 20% share. Of the £2.5m generated by this sector in independents, approximately 80% is generated by the gardening sub-sector. 20% Independents have a 20% market share 12.3 segment worth over £12.3m annually of independents value Home Improvement is made up of 3 sub-sectors; Gardening, Do It Yourself (DIY) and Woodworking. generated in 80% isgardening sub-sector • Do It Yourself (DIY) e.g. Home-building and Renovating and Build It. • Woodworking e.g. Wood turning and Woodworker Most likely to be over • Gardening can be split into further sub-sectors 45, female and of • Practical – this is the core range with the high RSV selling titles e.g. Amateur Gardening, Garden higher affluence. News (both weeklies) and BBC Gardeners World and Garden Answers (monthlies) • Inspirational e.g. English Garden, Garden Illustrated and More From Your Garden. • Grow your own e.g. Grow Your Own and Kitchen Garden • Smallholding (concerning growing food and raising animals for food)- including Practical Poultry, Small holder and Your Chickens. Compared to the general News and Magazine customer, buyers of Home Improvement magazines are more likely to be female; over 45 and of higher affluence. Display guidelines The peak time for Gardening magazine sales is from February to July so the widest range of titles possible should be stocked at this time, with the highest ranked titles from each sub-segment at the front of the section. Practical titles return the highest sales value so the emphasis should be on stocking enough of the best-sellers in this sub-segment. Garden Answers Amateur Gardener Kitchen Garden Gardens Illustrated Small Holder BBC Gardeners World Garden News Grow Your Own English Garden Practical Poultry Build It Wood Worker Wood Turning Independent Retail Rankings Title Ind. Ranking Sub Sector Stocking? Title Ind. Ranking Sub Sector Stocking? HOME BUILDING & RENOVATING 944 DIY GARDENS ILLUSTRATED 610 Gardening Inspirational BUILD IT 1117 DIY ENGLISH GARDEN 628 Gardening Inspirational SELF BUILD & DESIGN 1574 DIY PRACTICAL POULTRY 549 Gardening Smallholding SELF BUILD HOMES 2125 DIY SMALLHOLDER 641 Gardening Smallholding GARDEN NEWS 70 Gardening Practical HOME FARMER 969 Gardening Smallholding AMATEUR GARDENING 82 Gardening Practical YOUR CHICKENS 991 Gardening Smallholding BBC GARDENERS WORLD 131 Gardening Practical PRACTICAL PIGS 1668 Gardening Smallholding GARDEN ANSWERS 395 Gardening Practical WOOD TURNING 70 Woodworking GROW YOUR OWN 439 Gardening Grow Your Own WOODWORKER 1027 Woodworking KITCHEN GARDEN 442 Gardening Grow Your Own WOODWORKING PLANS & PROJECTS 1227 Woodworking GROW IT 701 Gardening Grow Your Own GOOD WOODWORKING 1276 Woodworking p3 TRADE & PROFESSIONAL Introduction The Trade and Professional sector is worth £14.6m per year. It is an important sector for independent retailers as they take 67% of these sales. Titles in this sector are very specific to a profession or business area and for this reason purchases tend to be planned rather than impulse-led, with consumers largely staying loyal to their chosen magazine. Titles are generally published weekly. £14 worth £14.6 million 67% independents share of sales revenue Consumers of Trade and Professional magazines are more likely than the average News and Magazine buyer to be female. Buyers are more likely than the average magazine consumer to be of higher affluence, to be health conscious and to be confident cooks. More likely female, health conscious and affluent The best-selling title is Farmer’s Weekly which is far ahead of the next best sellers (Farmer’s Guardian and Retail Newsagent). Farmer’s Weekly is the most successful title in the most popular subject area of the sector. A vast number of other areas are covered and include: • Media and performing arts (The Stage, Broadcast, Music Week) • Catering and hotels (The Caterer, Restaurant) • Wholesale and retail (The Grocer, Drapers, Retail Week) • Nursing (Nursing Times and Nursing Standard) • Teaching (Teach Primary, Teach Nursery, Teach Secondary, Music Teacher) Display guidelines The best-selling titles should be chosen to represent different subject areas in the sector. Along with National Rankings, the best range for your independent shop depends upon your customers and your surroundings- e.g. if your shop is next to a hospital, Nursing Times could be more relevant than a higher ranked title. Farmer's Guardian Broadcast Construction New Nursing Standard Retail Newsagent Grocer Special Farmer's Weekly The Stage Worlds Fair Times Higher Education Supplement Caterer and Hotel Keeper Grocer Independent Retail Rankings Title National Ranking Stocking? Title National Ranking Stocking? FARMERS WEEKLY 16 TIMES HIGHER EDUCATION SUPPLEMENT 245 GROCER SPECIAL 338 FARMERS GUARDIAN 31 STAGE (THE) 245 BROADCAST 343 RETAIL NEWSAGENT 38 WORLDS FAIR 259 CONSTRUCTION NEWS 354 ESTATES GAZETTE 101 CATERER &HOTEL KEEPER 281 FISHING NEWS 502 FARMERS TRADER 147 GROCER 290 NURSING TIMES 502 p4 Title National Ranking Stocking? PROMOTED Motor Sport Publisher: Marketforce Issue: March Cover Price: £4.99 On Sale: 28th January Nigel Roebuck’s exclusive interview with Mark Webber including his highs and lows by Simon Arron. Lunch with Richard Petty, the most successful driver in NASCAR history. Bentley’s racing return at Abu Dhabi 12 Hours. Britain’s top rally driver Kris Meeke in the spotlight with his move to Citroen for 2014. Customers who buy this might also like Nuts Classic American!! Targeted Promotion 96% expected uplift Soaplife Publisher: Marketforce Issue: 321 Cover Price: £1.70 On Sale: 28th January Two lucky Soap life readers will win a 2-night break for two, with dinner on the first night. The prize can be redeemed at various QMH Hotels in fantastic locations across the UK, many of which have wonderful leisure facilities. Thank you for continuing to support Soap life. Customers who buy this might also like Woman's Own Pick me Up! National Accelerator 46% expected uplift Marie Claire Publisher: Marketforce Issue: March Cover Price: £2.00 On Sale: 30th January Marie Claire is an iconic, worldwide brand which combines provocative features with outstanding fashion and beauty, to inspire women who want to think smart and look amazing. As well as being affluent, driven, ambitious, confident and successful, Marie Claire women are also compassionate, fun-loving, funny and looking good is crucial to her……. As the ultimate glossy brand, Marie Claire caters to the many areas of her life. Customers who buy this might also like Soaplife Pick me Up! National Accelerator 46% expected uplift Woman's Weekly Classics Publisher: Comag Issue: 6th February Cover Price: £4.95 On Sale: 6th February Woman’s Weekly Classics monthly magazine is a new vintage series from best-seller Woman’s weekly, tracing the lives of women in the 20th century through the unique content in the magazine's archives. With sections on homes, fashion, health, food, makes and patterns, the collectable series, which covers the whole of the 20th century, taps into the huge appetite for vintage content. Customers who buy this might also like Woman's Own p5 Pick me Up! National Accelerator 46% expected uplift PROMOTED Favourite Friends Publisher: Comag Issue: 79 Cover Price: £2.50 On Sale: 14th February Favourite Friends magazine is aimed at primary aged girls and is full of fluffy animals and characters from their favourite television series. Customers who buy this might also like Sofia Pokemon Targeted Promotion 96% expected uplift Classic American Publisher: Marketforce Issue: February Cover Price: £4.20 On Sale: 15th February Heritage Commercials delivers the best coverage of the classic commercial vehicle world on the market. It features stunning restorations, UK haulage firm histories and a wealth of archive images to bring those memories flooding back. There are all the latest news, reviews and rally reports too. The Premier Club copies will have a cover-mounted DVD with each copy. Customers who buy this might also like Nuts Motor Sport Targeted Promotion 96% expected uplift Girl Publisher: Comag Issue: 197 Cover Price: £2.90 On Sale: 17th February Targeted Promotion Girl is a 32 page magazine full of pop, gossip, fashion and stories for young girls to enjoy. Customers who buy this might also like Favourite Friends Sofia 96% expected uplift Heritage Commercials Publisher: Comag Issue: March Cover Price: £4.20 On Sale: 20th February Classic American celebrates the style and glamour of cars and trucks made in the US of A. From pre-war vintage pioneers to ’60s Detroit muscle and modern metal – it’s all here. Every issue features restoration tips, romantic wrecks, and ads from the archives and news from the burgeoning UK scene. The Premier Club copies will have a cover-mounted polish sample kit with each copy to help keep those American Classics in top shape. Customers who buy this might also like UK Kit Car Guide Farm Machinery Locator Targeted Promotion 96% expected uplift PAC-MAN and the Ghostly Adventures Publisher: Seymour Issue: New Launch Cover Price: Stickers 50p, Album £1.50 On Sale: 27th February Based on the classic video game first introduced 32 years ago, new video game launched on October 29th 2013, Aimed at kids aged 5-11. Action, Adventure, Humour & Friendship. Customers who buy this might also like Moshling Madness p6 Games Master Targeted Promotion 96% expected uplift 14). Independent’s Exclusive Issue 321 of Soaplife will feature a special Independent’s exclusive Please support this special exclusive with any space available in store On Sale: 28th January 2014 Off Sale: 11th February 2014 The prize details are as follows: Two lucky Soaplife readers will win a 2-night break for two, with dinner on the first night. The prize can be redeemed at various QMH Hotels in fantastic locations across the UK, many of which have wonderful leisure facilities. Thank you for continuing to support Soaplife 3 £200 prizes of The Business & Finance sector has proved to be one of the most buoyant newstrade categories in 2013 sales performance. As the economy recovers, a renewed confidence in the stock market is evidenced by YoY growth in this sector. To a large extent, Investors Chronicle is helping to drive this strong performance being that it is the #1 ranked title in this sector and is currently outperforming the sub-sector, the sector and indeed the overall market. The independent channel is fundamental to sales of the Investors Chronicle, accounting for around 33% of copy sales. In the first quarter of 2014 alone there will be five special issues, all of which we anticipate to be strong selling issues and so to help you maximise your sales we will be offering a £600 incentive throughout the year to the retailer with the most improved sales of Investors Chronicle. Investors Chronicle readers are some of the most affluent in the UK, so make sure you drive as much business through your store as you can by promoting these special issues. up for grabs title " " #1in ranked this sector are " Independents " 33% of all sales 5 special issues in first quarter of 2014... Tips of the Year FTSE 350 Review Bargain Shares ISA Special Ideal Portfolio d n a N A M PAC- s e r u t n e v d A y l t s o h the G On sale 27th February 2014 Stickers 50p / Albums £1.50 SIGNED LEGEND CARDS! AVAILABLE INSIDE LUCKY PACKETS NOW! The Premier League Logo © The Football Association Premier League Limited 2006. The Premier League Logo is a trade mark of the Football Association Premier League Limited which is registered in the UK and other jurisdictions. The Premier League Club logos are copyright works and registered trade marks of the respective Clubs. Manufactured under licence from the Football Association Premier League Limited. TM & © Topps Europe Limited 2007 SPOTLIGHT ON... Space Optimisation Introduction Are you limited on your selling space in store? Do you want to ensure you are maximising every sales opportunity? Have you got the right fixtures to display your product effectively? If you have answered yes to one or more of the above questions, then we have some solutions to support you. Selling space is at a premium in your store and ensuring you have the optimum display space for your newspapers & magazines and other product categories is critical if you are going to maximise your sales and profitability. In support of our customers we have been working with Bartuf Systems to tackle these 3 key questions. Following feedback from our customers we have developed some new fixture solutions to ensure magazines, and other categories, can be displayed more effectively and even generate new selling space in your store. Interleaving In an independent trial, sales were analysed in relation to the proportion of facings which magazines have on the fixture i.e. full, half or quarter facing. Stores were classified as small, medium and big based on revenue. In big stores where women's weeklies are full faced, a higher daily RSV is achieved. However, in smaller stores this trend is reversed, and it is more important to stock more magazines than the store size suggests, which usually means half facing them. Position of Magazines in Store A trial has been done in convenience stores to look at the effect of the position of magazines in store on revenue and showed the position of magazines in store has an effect on the revenue. When the magazines are at the front of the store, sales were seen to outperform stores where the fixture was not at the front of the store. When magazines are visible at the till, revenue is also seen to be positively influenced. p13 SPOTLIGHT ON... Space Optimisation Magazine Divider Simple, but effective, way to support the merchandising of magazine product in your store. These dividers can be used on all standard and volume multi-tiered racking to ensure full-facing display of your key magazine titles. p14 SPOTLIGHT ON... Space Optimisation Top Tips to maximise your magazine sales using space optimisation. Look at your magazine display. It needs to be appealing to consumers. You should have a minimum of 9 shelves per bay in order to maximise your selling space and display your product effectively. Have you got the right magazine range in your store? Don’t stock product you don’t sell. Part of space optimisation is to ensure you are using all selling space smartly to deliver improved profitability and cash flow. We have a Range Capacity offer that works with you to determine what is the right range for the selling space you have available. Look for any dead space in your store. The new gondola side display unit can be used to support any product line you stock from confectionery to snacks, greeting cards to magazines. The new unit will help grow sales and profitability in your store. Full-face your key magazine categories/ titles. You should look to display your top selling titles full-face within your magazine category. The new magazine dividers will help you to achieve this and support staff with merchandising. Make sure you’re displaying your magazines correctly. Have you got the categories in the right place? There are a range of magazine planograms available on Connect2U along with lists of top selling titles by area, category & supplying depot. Have you got the comic category merchandised to appeal to consumers? Comics are notoriously one of the most difficult categories to merchandise due to the high number of free gifts and the pagination of the magazines. If you stock a large number of comics, there is now a new display solution on the market that will support the display of this very profitable category. New navigational POS pack designed EXCLUSIVELY for Premier Club Members. This fantastic pack improve the look of your magazine run, helps customers to find what they’re looking for and helps you to grow your sales!* Pack includes: - 1 hanging / wall board - 8 Category flags - 4 Meter long shelf strips Order yours now by calling 08451211970, emailing premierclub@smithsnews.co.uk or click onto www.yourpremierclub.co.uk - 1 A2 window poster *One off cost of £75 payable through your news bill PROMOTIONAL SCHEDULE Week Commencing 28th January On Sale Title Issue Frequency Publisher Price Promo. Alloc. Segment 28th Jan Motor Sport March Monthly Marketforce £4.99 Targeted 28th Jan Soaplife 321 Weekly Marketforce £1.70 Accelerator 5 Copies Women's Monthlies 30th Jan Marie Claire UK March Monthly Marketforce £2.00 Accelerator 5 Copies Women’s 3 Copies Motoring Week Commencing 10th February On Sale Title Issue Frequency Publisher Price Promo. Alloc. Segment 14th Feb Favourite Friends 79 Monthly Comag £2.50 Targeted 3 Copies Children’s 15th Feb Classic American Feb Monthly Marketforce £4.20 Targeted 3 Copies Motoring Week Commencing 17th February On Sale Title Issue Frequency Publisher Price Promo. Alloc. Segment 17th Feb Girl 197 Monthly Comag £2.90 Targeted 3 Copies Children’s 20th Feb Heritage Commercials March Monthly Comag £4.20 Targeted 3 Copies Motoring Week Commencing 24th February On Sale Title Issue Frequency Publisher Price Promo. Alloc. Segment 27th Feb PAC-MAN and the Ghostly Adventures New! Monthly p16 Seymour 50p Stickers £1.50 Album Targeted 3 Copies Children’s EVENTS - FEBRUARY 2014 28th 29th 30th 31st 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th 13th 14th 15th 16th 17th 18th 19th 20th 21st 22nd 23rd 24th 25th 26th 27th 28th Tue Motor Sport ON SALE Soaplife ON SALE Wed Chinese New Year Ends Thu Marie Claire ON SALE Fri Chinese New Year Begins Sat Rugby 6 Nations Competition Begins Sun Chinese New Year Ends US Superbowl Mon Tue Wed Thu Fri Winter Olympics Begins in Sochi, Russia Sat Sun Mon Tue Wed Thu Fri Favourite Friends ON SALE Valentine's Day Sat Classic American ON SALE Sun Mon Girl ON SALE Tue Wed Thu Heritage Commercials ON SALE London Fashion Week Fri Sat Sun Winter Olympics Ends in Sochi, Russia Mon Tue Wed Thu Fri p17 Starring Coming to a screen near you... . Go Online . Take Control . Grow Your Sales . - Go online for exclusive promotions and offers - Take control of your category using our advice Scan this code to take you directly to our new website - Access wherever you are; at work or at home – accessible on smartphones, tablets and PCs. Tel: 0845 121 1970 Email: premierclub@smithsnews.co.uk