If you are
planning to launch a new title in the magazine world as a publisher then you
may want to consider hiring an independent magazine sales representative. This
kind of service will no doubt provide a successful start for your magazine,
although there are some issues to consider before you do decide to hire a sales
representative.
First of all, it
may be useful to know exactly what the role of a sales representative is. A
sales representative sells or solicits advertising and has specific
responsibilities and obligations. However, before you do decide whether you
want a sales representative for advertising your magazine it is important to be
aware of both the advantages and the disadvantages.
By hiring a
sales representative you can insure a regular revenue base and you do not need
to make any down payments or very little amounts if the case be. When you hire
a sales representative you will be offering a percentage of the total sales he
or she will be generating for your magazine. He or she will be helping you
launch your new magazine business venture by minimizing the initial expenses.
The advantage of
hiring an external advertising representative is that you will not need to pay
all the expenses a full-time sales staff will cost you. This includes salary,
medical service, social service and other related costs. Another advantage is
that a magazine sales rep is likely to already have active relationships with
other advertisers and media buyers, while you are probably new to the industry
and have less knowledge than a magazine sales rep would have.
A sales
representative can get some excellent advertising for your new magazine fairly
rapidly and can gauge whether your concept is marketable or not. Chances are if
your magazine will not sell, the rep you contact will not even answer your
calls. It may also be important to seriously consider the reason why a magazine
sales representative is not answering your calls, for in most cases this may be
a signal that your magazine may not be of good commercial value.
It is important
to understand that new magazines face quite a challenge and that a representative
has to be offered a generous incentive if you want to hire one, as he or she
also faces the challenge to work hard at launching the new magazine. It is also
essential to provide sufficient and proper selling tools so that your
representative can offer you the best and effective advertising strategies.
These tools include at least a professional kit with pre-established marketing
research and precise demographical information to help them proceed. This is
the strict minimum they will require, without which you cannot expect to hire a
magazine advertising representative.