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Q: Magazines that do not sell ( Answered 5 out of 5 stars,   3 Comments )
Question  
Subject: Magazines that do not sell
Category: Miscellaneous
Asked by: brb52-ga
List Price: $10.00
Posted: 20 Aug 2005 12:51 PDT
Expires: 19 Sep 2005 12:51 PDT
Question ID: 558120
Hello - I was in a book store the other day and got wondering what
happens to all of the magazines that the store does not sell for a
given month (ie. leftovers)?  Are they just thrown away, recycled,
donated or sold elsewhere at a reduced rate?

If they are re-sold, I would love to see if there is a place close to
me where I could purchase near-current magazines at a reduced rate. 
Note:  I live in Richmond, Va.

Thanks.
Answer  
Subject: Re: Magazines that do not sell
Answered By: denco-ga on 20 Aug 2005 15:27 PDT
Rated:5 out of 5 stars
 
Howdy brb52-ga,

Magazine returns are returned and destroyed, not returned and destroyed,
sometimes recycled and sometimes donated, but not resold.  As the magazine
dealer gets a refund on magazine returns, even if they get to do a "cover
return" on the magazine, which means returning just the cover and not the
whole magazine, they are still obligated to destroy the magazine.

Here are a few magazine return policies that outline the general industry
practices.

New Leaf Distributing's "RETURNS ... PERIODICALS"
http://www.newleaf-dist.com/about_us/info_pages/info_returns.htm

Our publishers request returns of their magazines in one of two ways: Whole
Copy or Cover return. Whole Copy Return means that the entire magazine must
be returned in saleable condition; Cover Return indicates that we require
the entire front cover."

Bookazine's "MAGAZINE RETURNS AFFIDAVIT."
http://www.bookazine.com/customer_service/affidavit.html

"I further certify that these periodicals have been destroyed so as to render
them unusable as reading matter as follows; compacting and water soaking."

Some recycling and donations of magazines does happen.  Here is a GrassRoots
Recycling Network article from 1997.
http://greenyes.grrn.org/1997/0362.html

"With the support of 50 magazine publishers and Small Changes (a small
regional, alternative-press magazine distributor), and start-up funding from
a $13,000 Seattle Solid Waste Utility waste reduction grant, Magazines AGain
is finding a home for newsstand returns in schools, literacy, and social
service programs around the Seattle area."

A Recycling Today Online article from 2001.
http://www.recyclingtoday.com/articles/article.asp?Id=3008&SubCatID=59&CatID=13

"All of this consolidation will change procurement and marketing in the
secondary fiber industry. As an example, our company has handled the returns
from magazine distributors. It was not a huge piece of our business, but it
all added up.
...
Not only do the big four want to deal generally on a national basis, they
also have become more sophisticated about returns and are starting to limit
the number of copies their newsstands accept in the first place."

One of the ways that magazine publishers and distributers are looking at in
order to reduce returns is something called "scan based trading" or SBT.
This is from the February 16, 2004 online edition of the "New Single Copy,"
a "newsletter about publishing and publishing distribution."
http://www.nscopy.com/nsc/ns20040216.pdf

The term [SBT] refers to using a retailer?s scan of a magazine?s UPC symbol,
or barcode, as the accepted accounting of magazine sales. It generally
includes the transfer of the value of a retailer?s magazine inventory back to
the supplier, whether it be a wholesaler or national distributor-publisher.
...
If SBT eliminates the need for wholesalers to collect and processes magazine
returns, it offers substantial cost savings. However, national distributors,
citing intolerable shrink levels at retail, continue to insist that wholesalers
process returns at the warehouse and pay for sales based on those counts."

The majority of the revenues that magazines make is from advertising, and
"month old ads" that would appear in "month old magazines" doesn't do the
advertiser any good.  As well, the availability of "month old magazines"
could erode the value of that magazine when it was "fresh" on the shelf.

Some of the returns of some magazines are resold as "back" issues, but that
is at a "premium" price because of the costs of returning and warehousing.

If you need any clarification, please feel free to ask.


Search strategy:

Google search on: "magazine returns" destroyed OR donated
://www.google.com/search?q=%22magazine+returns%22+destroyed+OR+donated

Google search on: "magazine returns" retail store OR stores
://www.google.com/search?q=%22magazine+returns%22+retail+store+OR+stores

Google search on: magazine returns resold OR resale
://www.google.com/search?q=magazine+returns+resold+OR+resale

A little personal experience helped as well.

Looking Forward, denco-ga - Google Answers Researcher
brb52-ga rated this answer:5 out of 5 stars and gave an additional tip of: $4.00
denco - I appreciate you providing such a thorough answer so quickly!  Good work!

Comments  
Subject: Re: Magazines that do not sell
From: pinkfreud-ga on 20 Aug 2005 16:14 PDT
 
Excellent answer, Denco!

When I was in my teens, I had a job in the warehouse of Oklahoma News
Corporation, a large distributor of magazines and paperback books.
Every day, thousands of books and magazines came to the warehouse for
their final disposition. It broke my heart that so much potentially
usable reading matter was destroyed after it failed to sell, but it's
just the way the industry works.
Subject: Re: Magazines that do not sell
From: myoarin-ga on 20 Aug 2005 17:11 PDT
 
I quite agree, having wondered what the answer would be.  The system
hasn't changed much since 50+ years ago, when I asked a newstand owner
why he was cutting out the page titles of old magazines.
Maybe now we know the (well, one) source of Pinky's encylopedic knowledge ...  ;)
Myoarin
Subject: Re: Magazines that do not sell
From: denco-ga on 20 Aug 2005 18:08 PDT
 
Much thanks for the kind comment, 5 star rating and nice tip, brb52-ga.

Thanks for the feedback and nice words from Pink and Myoarin as well.

I use to help, years ago, a friend that ran a magazine store.  At that
point, it was the masthead we cut out for credit.  Indeed, a industry
practice that has been around for a long time.

Looking Forward, denco-ga - Google Answers Researcher

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