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HOW TO PUBLISH FREEBIE AD MAGAZINES FOR
FUN & PROFIT.
People are always interested in saving money.
If you can develop a product or service that will
help them save, you are almost guaranteed success.
This report will tell you about a special type
of magazine you can produce and give away, free,
that will generate substantial profits for you.
The magazine is an ADVERTISING TABLOID. The magazine
is made up almost completely of advertisements
from local businesses, with a coupon section filled
with money-saving offers from these businesses.
These are fairly easy to put together. The only
real work you'll have to do is a bit of leg work
to get your advertisers for the first issue. The
subsequent issues will get easier and easier,
because your original advertisers will return
to you, due to their success, and new advertisers
will feel confident about advertising with you.
What if there are free ad magazines in your area
already? Get a few copies of each one. Take your
time to look through them all. Make a list of
the things that you like and dislike in each one.
You should then be able to look down your list
of dislikes and find ways to improve upon the
current magazines. Also, consider the type of
advertisers in each one, and the group of people
the publisher is marketing to. Your magazine could
specialize in an area that they are ignoring.
You could do one that's all
restaurants, or caters to upper-income families,
exclusively.
Here's the best way to start an advertising tabloid.
First, think up a name. Here are some words to
your brainstorming: SAVE, FREE, DISCOUNT, VALUE,
MONEY, PAPER, PEOPLE'S, CONSUMER'S, COUPON, GUIDE,
GUIDEBOOK. Think of words that will convey the
money-saving feel of the magazine. When you come
up with one (for example, "People's Free
MoneySaver," then you are ready to start
identifying potential advertisers.
Make a list of the potential advertisers for your
magazine. Put down their name, address, phone,
and type of business they are. For example, if
your magazine will market to upper income people,
then make a list of the recreation businesses
that these families might like (marinas, bed &
breakfasts, etc.), higher quality restaurants,
and higher-priced retail stores. Even upper income
families like to save money (they didn't get to
be upper income by spending it all!). Then prepare
a letter to be sent to
these advertisers. This will be your first contact
with them. Detail your planned publication, how
they will benefit from it (it will draw new customers
in and will give experienced customers an extra
incentive to return), advertising rates and how
you plan to distribute it (we'll cover both later
in this report). Your computer will be indispensable
for this.
Set up a database with the business' contact information,
then type your letter as a form letter in your
word processor. You can then merge these and print
them, then print labels for the envelopes, saving
hours of time. A good idea is to enclose a business
reply postcard with your letter. Check with your
postmaster for details about getting set up for
business reply mail. You pay postage on the postcards,
but only on the ones that get sent back to you.
An 11" x 17" paper will carry 4 regular
size pages, so if you think you can sell 24 pages
of ads, that would be 6 sheets, printed front
and back. Therefore, if you will be getting a
15,000 circulation (a good number to work with
for advertisers), you would need a quote on 6
11" x 17" pages, 15,000 copies each,
collated and saddle stitched (stapled like a magazine).
Divide the price quote you receive by the number
of pages of advertising (24, in this example)
and you will have your PER PAGE cost. You can
then divide this cost into smaller increments
(half page, quarter page, 1/8 page, etc.). As
the ad size gets smaller, it should also be proportionately
more expensive, as an incentive to the advertiser
to purchase a larger ad. Observe the rates of
other giveaway advertising magazines in your area
when figuring how much profit to add in above
your cost. Price yours competitively and you'll
do well. If your market is a more targeted one
than the competition gets, you can charge a bit
more. You should offer a multiple issue discount,
like "advertise in three issues, get the
fourth free." This will increase your advance
sales.
When you talk to potential advertisers, find out
if they have camera-ready ads that can be used.
These are ready for the printer, and can save
you the time and effort of typesetting. Most businesses
will have ads pre-made, which you can insert into
the master copy that will go to the printer. If
they need an ad made for them, your printer should
be able to help you with the typesetting. There
are a few ways you can distribute the finished
magazines. First, you could deliver them door-to-door.
Don't put them in the mailboxes, as there are
postal regulations against that. Leave them in
the customer's door instead. Hire some teenagers
to help out. Or, you could have the newspaper
insert them into the newspapers going to the area
you want to hit. Most papers can do this. Contact
them for their cost.
Bulk mailing is infinitely easier and more efficient,
but requires a bit of paperwork and registration
fees. If you are delivering in one zip code area,
you can use either five digit presort mailing,
or carrier route presort mailing. You should check
with your postmaster regarding rules and fees.
Another option is to divide the copies among the
advertisers and ask them to give them to their
customers. Other non-advertising businesses will
often agree to do this, since it will be a freebie
to offer their customers. If you do this, a good
idea is to put a list in your publication of all
the places people can get a copy. This will make
it easier for your readers to get future copies,
and it will entice other businesses to act as
distribution points. This can be a very successful
distribution method.
In a city of 350,000 people, there can be many
free advertisers. The best one has 48 pages, a
15,000 circulation and, at the start, was published
every two weeks. It only took them three issues
to get to the point of publishing weekly. Every
issue, by my calculations, takes in around $6,000
of ad revenue. After you take the costs out, you
have a profit of around $4,000 per week! And this
is being run by just three guys... You can succeed
in this, too! Just plan your steps ahead of time,
and you'll do well!
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