lenswork
Member
- Joined
- Mar 31, 2004
- Messages
- 85
I forgot to address the "trick" comment.
Some of you may not be aware how the magazine distribution business works. I have no secrets, so I'll tell you. All the magazines (technically periodicals, identified by their ISSN #) that appear on the shelves at Borders, Barnes & Noble, etc. are purchased from the publisher without any guarantee of payment. If we send 10 copies to a given store, they pay us (6 months later, I might add) only for those that sell. The rest are destroyed and we are not paid for them. Of course, we must pay the costs of producing all of them, but only are paid by the distributor for the ones that sell. We don't even get them back so we can try to sell them ourselves. They are shredded and recycled.
Worse yet, we are paid less (considerably less) than half of the cover price for those that do sell.
Worse yet, if they are stolen off the store shelves, we are charged for the store's shoplifting loss. (Figure that one out. How is this fair to us?)
Worse yet, we pay the shipping from the printer to the distributor.
Worse yet, we pay for the shipping from the distributor to the individual stores.
Worse yet, we pay for the advertising the distributor sends to their customers (the stores) so they know about our magazine.
And we pay an annual fee for the privilege of selling them.
When all is said and done, magazine publishers NEVER make a dime on any of the copies that are distributed through retail outlets. So why do it? It's a stupid game, and here is how it works.
Most magazines survive on their advertising revenue. Their advertising revenue is determined based on how many copies they distribute. So, if they place 50 copies of their publication into a retail store, they can report 50 copies have been distributed -- even if they don't sell. The more copies they send to the store, the more copies they can report are distributed, and therefore the more they can charge their advertisers. The dirty little secret is that most of the copies in the store remain unsold and are eventually destroyed -- a fact that no one in the industry really wants to talk much about. For all those destroyed copies, there is no benefit to the advertiser, no benefit to the retailer, it's a terribly inefficient use of resources from the environment -- but is a game that is so inculcated in the industry that it continues. Magazines typically do everything they can to pump up their numbers simply so they can charge more from their advertisers, regardless of the impact on the quality of the magazine, waste of resources, or insanity of the system. We simply refuse to play this silly game.
And, by the way, this also is precisely why most magazines are printed so poorly compared to the available technology. In order to place as many copies as they can into distribution -- in spite of the knowledge that most of them won't be sold -- they must choose the least expensive printing they can in order to keep costs-per-copy as low as possible. That's why magazines are typically printed on web presses rather than single sheet book presses like we use for LensWork. If so many of the copies of a typical magazine are never going to be actually read by a consumer, why pay for the extra quality in printing -- especially when numbers count more than quality?
We think this entire scenario is just silly. We've always operated on a different principle. Since day one, we've said that LensWork will survive (or not) based on the quality of the publication. Period. No games, no advertising hokum, no phony distribution numbers, no compromise in printing quality. We stopped taking any outside advertising in 2002. We place our faith in the quality of our publication, the care we put in selecting the content, the efforts we expend in reproducing the images with state-of-the-art printing, and the assumption that there are enough people out there who share our passion in photography to care that a publication like LensWork exists. If we produce a magazine that you think is worth it and adds to your photographic life, then we hope you'll buy it. We really hope you'll subscribe to it -- where there is no waste, no destroyed copies, no silly distribution games. We've continued to place LensWork into retail distribution simply so people can find it and then, hopefully, subscribe to it. It's exposure to new customers, nothing more.
I've never been afraid of going against the grain if I think the principle is right. This is just an example of that philosophy in action in the business world.
So, that's the primer on the magazine business for any of you who might be tempted to start your own publication.
This January newsstand price increase is not a "trick," but rather the necessary response to the cost increases we've absorbed over the last 5 years since our last price increase. By holding our subscription rates the same, we obviously do hope more of you will subscribe. That's why we produce it. No tricks. We honestly hope you think it is of value to your photographic life and worth the subscription price. If it is, welcome aboard. If not, I guess we'll just try harder to make it so.
Brooks
Some of you may not be aware how the magazine distribution business works. I have no secrets, so I'll tell you. All the magazines (technically periodicals, identified by their ISSN #) that appear on the shelves at Borders, Barnes & Noble, etc. are purchased from the publisher without any guarantee of payment. If we send 10 copies to a given store, they pay us (6 months later, I might add) only for those that sell. The rest are destroyed and we are not paid for them. Of course, we must pay the costs of producing all of them, but only are paid by the distributor for the ones that sell. We don't even get them back so we can try to sell them ourselves. They are shredded and recycled.
Worse yet, we are paid less (considerably less) than half of the cover price for those that do sell.
Worse yet, if they are stolen off the store shelves, we are charged for the store's shoplifting loss. (Figure that one out. How is this fair to us?)
Worse yet, we pay the shipping from the printer to the distributor.
Worse yet, we pay for the shipping from the distributor to the individual stores.
Worse yet, we pay for the advertising the distributor sends to their customers (the stores) so they know about our magazine.
And we pay an annual fee for the privilege of selling them.
When all is said and done, magazine publishers NEVER make a dime on any of the copies that are distributed through retail outlets. So why do it? It's a stupid game, and here is how it works.
Most magazines survive on their advertising revenue. Their advertising revenue is determined based on how many copies they distribute. So, if they place 50 copies of their publication into a retail store, they can report 50 copies have been distributed -- even if they don't sell. The more copies they send to the store, the more copies they can report are distributed, and therefore the more they can charge their advertisers. The dirty little secret is that most of the copies in the store remain unsold and are eventually destroyed -- a fact that no one in the industry really wants to talk much about. For all those destroyed copies, there is no benefit to the advertiser, no benefit to the retailer, it's a terribly inefficient use of resources from the environment -- but is a game that is so inculcated in the industry that it continues. Magazines typically do everything they can to pump up their numbers simply so they can charge more from their advertisers, regardless of the impact on the quality of the magazine, waste of resources, or insanity of the system. We simply refuse to play this silly game.
And, by the way, this also is precisely why most magazines are printed so poorly compared to the available technology. In order to place as many copies as they can into distribution -- in spite of the knowledge that most of them won't be sold -- they must choose the least expensive printing they can in order to keep costs-per-copy as low as possible. That's why magazines are typically printed on web presses rather than single sheet book presses like we use for LensWork. If so many of the copies of a typical magazine are never going to be actually read by a consumer, why pay for the extra quality in printing -- especially when numbers count more than quality?
We think this entire scenario is just silly. We've always operated on a different principle. Since day one, we've said that LensWork will survive (or not) based on the quality of the publication. Period. No games, no advertising hokum, no phony distribution numbers, no compromise in printing quality. We stopped taking any outside advertising in 2002. We place our faith in the quality of our publication, the care we put in selecting the content, the efforts we expend in reproducing the images with state-of-the-art printing, and the assumption that there are enough people out there who share our passion in photography to care that a publication like LensWork exists. If we produce a magazine that you think is worth it and adds to your photographic life, then we hope you'll buy it. We really hope you'll subscribe to it -- where there is no waste, no destroyed copies, no silly distribution games. We've continued to place LensWork into retail distribution simply so people can find it and then, hopefully, subscribe to it. It's exposure to new customers, nothing more.
I've never been afraid of going against the grain if I think the principle is right. This is just an example of that philosophy in action in the business world.
So, that's the primer on the magazine business for any of you who might be tempted to start your own publication.
This January newsstand price increase is not a "trick," but rather the necessary response to the cost increases we've absorbed over the last 5 years since our last price increase. By holding our subscription rates the same, we obviously do hope more of you will subscribe. That's why we produce it. No tricks. We honestly hope you think it is of value to your photographic life and worth the subscription price. If it is, welcome aboard. If not, I guess we'll just try harder to make it so.
Brooks