How to Sell Magazine Subscriptions
One way to fund-raise and earn additional income is to sell magazine subscriptions. The key to reaching your highest earning potential is to make sure you understand the process of selling subscriptions. Once you build your customer base, you can expect to see profits within sic months.
Instructions
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How to Sell Magazine Subscriptions
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1
Select a name for your new business that has something to do with reading or magazines. This will let potential customers know who you are and what type of business you operate.
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2
Select a wholesale magazine subscription dealer to use as your supplier. Check with the local Better Business Bureau or Chamber of Commerce to be certain the company is reputable.
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3
Place a magazine subscription with the wholesale magazine subscription dealer. Write down the date of the subscription order. Determine how long it takes to receive your first magazine subscription.
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4
Make a list of magazine titles, how much you are charged and number of months the subscription runs. In another column, write down how much you would like to charge for each magazine subscription.
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5
Make a brochure of magazine titles and prices. Take the brochure to a printing shop and have them make 50 copies.
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6
Solicit friends, neighbors and co-workers to buy magazine subscriptions from you. Give them a brochure.
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7
Examine how much profit you make per magazine subscription. Offer frequent buyers, friends and relatives a discount or flat fee for referrals.
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8
Advertise your magazine subscription list on fliers and in your local newspaper. Ask the local library, post office and businesses if you can place a flier in their establishments. Be sure to include a contact name and phone number to receive orders.
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9
Fill the orders as you receive them. Keep a business ledger with the customer name, subscription, amount paid and renewal date. Use this ledger later to suggest renewals from your customer database.
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Tips & Warnings
Let the customer know how long they can expect before the first magazine arrives.
Never lie to encourage a magazine subscription sell. Always let the customer know how many magazines will arrive during the subscription period and how long the subscription lasts.