Makes sense doesn’t it. Who wants to buy and drink a professionaly made coffee in a beautiful cafe when you could be drinking it in a dinghy old newsagents?
Rush out and buy a newsagency now because the sale of coffee at Newsagents is tracking at 15% growth compared to the café and coffee shop industry standard of 5.1% growth.
Fifteen percent is an amazing increase on the incredible eleven percent growth last quarter of the three participating newsagents in the Australian Newsagency blog’s Quarterly Benchmark results.
So while you are raking in all the big bucks from coffee you wont even notice the core lines of your newsagency business tanking as they did again last quarter.
Newspapers. Unit sales. Down 8.5%.
Magazines. Unit sales. Down 8%.
Greeting cards. Revenue. Down 4%.
Stationery. Revenue. Down 10%
Lotteries. Revenue. Flat.
Tobacco. Revenue. Down 16%.
Agency. Parcels, gift cards, betting account top-up. Down 6%.
Or maybe you should just buy a coffee shop.
The Bad newsagent 