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Thread: Where have I been
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6th December 2019, 09:22 AM #1GOLD MEMBER
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Where have I been
A slow trip home from nightshift, so thought I would grab a woodworking magazine to read on the way home. Oops, did I miss something? When did woodworking magazines hit $20? Considering all the material on 1. Sites like this and 2. YouTube, why are they so expensive.
Needless to say I walked out of the news agency empty handed.
one would think that the cost would come down to attract continued business. Maybe it’s my thought process that’s needs an adjustment.
just some food for thought on a Friday morning.
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6th December 2019 09:22 AM # ADSGoogle Adsense Advertisement
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6th December 2019, 09:45 AM #2
I take it you picked up an imported magazine because Australian Wood Review retails for $12 and The Australian Woodworker $11.50 on the newsagent shelf. I subscribe to both so they are slightly cheaper and delivered to my home.
I still buy these magazines because I truly enjoy reading printed material; I have nearly 17 year’s worth of those two publications filed.Nothing succeeds like a budgie without a beak.
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6th December 2019, 10:08 AM #3GOLD MEMBER
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6th December 2019, 08:30 PM #4
Nothing wrong with your thought processes, in fact I think you've hit the nail on the head. The magazine producers have roughly the same overheads regardless of the number of magazines soldl so it stands to reason as numbers fall the costs have to be defrayed among a smaller number so the unit cost must rise. Sign of the times I'm afraid.
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7th December 2019, 04:43 AM #5GOLD MEMBER
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8th December 2019, 01:38 AM #6
Just as a bit of an aside.
Been trying to get the next printing of "A Polishers Handbook" done and the price has risen by almost 100% since our last printing earlier this year.
Tried 4 different printers and all are around the same massive price.
So far the Gordon Institute here in Geelong is the cheapest but even they are over 50% dearer.
It's all a bit jaw dropping.
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8th December 2019, 02:06 PM #7GOLD MEMBER
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Unfortunately it's a sign of the times. Everyone want's a piece of the pie, ATO, Shareholders, CEO's, Management, then down the bottom of the list, the worker, and so it goes on, to the schools, Grocery Store, etc etc.
KrynTo grow old is mandatory, growing up is optional.
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8th December 2019, 04:52 PM #8
Its not just magazines that are under threat. The situation for newspapers is even more dire. Australian newspapers were probably at their peak in the seventies and eighties and have been in steady decline since then. First from the ownership amalgamations and then white anted by online services.
Just look at what has happened to the newspapers four main sources of revenue:
- Classified Advertising - the rivers of gold - gone, now almost totally online.
- Display advertising - declining rapidly, pricing based on sales demographics.
- Stuffings - those annoying catalogs and junk mail insertions - buoyant, but under constant threat from letterboxers.
- Newspaper sales - always a small percent of revenue - declining.
All newspapers have drastically cut the number of journalists and increasingly are focusing on stuff that is cheap to publish - more politics, court reporting, travel, lifestyle, regurgitated press releases, etc, less hard news, less investigative reporting.
It will be interesting to see who survives the next ten or twenty years. And in what form.
Cheers
Graeme
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8th December 2019, 07:37 PM #9Just look at what has happened to the newspapers four main sources of revenue:
Classified Advertising - the rivers of gold - gone, now almost totally online.
Display advertising - declining rapidly, pricing based on sales demographics.
Stuffings - those annoying catalogs and junk mail insertions - buoyant, but under constant threat from letterboxers.
Newspaper sales - always a small percent of revenue - declining.
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9th December 2019, 12:37 AM #10
Its rather interesting - a we like dead trees in all forms
Reading the phone while "on the can" doesn't quite have the same vibe....
Ubeaut - I assume you've looked at Amazons self publishing options? My wife did for her kitten book. Great pricing (other than the bit about being gouged senseless on percentage!)
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9th December 2019, 09:11 AM #11
Yeah, Skot
It is really quite sad. I wonder how people of your Uncle's ilk now view a once great newspaper like the Sydney Morning Herald and its decline into an embarassing remnant.
I also wonder what the end play will be. The newspapers revenue has declined, and very few people are willing to actually pay for online subscriptions. Even if they do miraculously start paying for electrons will it be enough? newspaper sales were less than 10% of revenue; advertising actually paid for everything.
Will newspapers exist in 10 years time?
Cheers
Graeme
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9th December 2019, 01:45 PM #12
I wonder if we will ever get to the point of "Pick & Pay". You subscribe to a paper and the price you pay depends on your selections.......I want "Latest News, Sport, Finance...Now how much do I pay you for those". That's the way Pay TV should work. Instead of a stack of channels that you don't want and never watch but have to pay for in a package, you can chose the ACTUAL channels that you want and are charged per channel. The more popular channels would cost a bit more but you are not stuck with paying for the rubbish you don't want to watch.
The technology is there.