This series will be a step-by-step guide on starting a shopper magazine with less than $25. It is based on a first hand experience and not an article about how someone else did it. It’s about a profitable business that was started with less than $25, where it normally would cost from $20,000 to $200,000, depending on the format.
What is a shopper? A shopper is either a free or paid tabloid similar to Pennysaver, Recycler or Little Nickel that may be running in your community. Most of these shoppers are owned by national or even multinational newspaper syndications and franchises. However, independently owned operations have done just as well, if not better. A good example would be the Recycler Magazine, which is an astonishing growth story worth reading. It should be noted that this type of magazine described here is not to be mistaken for any glossy print, which requires thousands if not hundreds of thousands to start. As a general rule, shoppers do not gross as much as glossy magazines, however, the required capital investment is incomparable. Many shoppers expand to glossy magazines, radio and television stations after gaining experience in the advertising, media and publishing.
There is no experience required and you can learn as you go. It is highly recommended however, that you follow this guide step by step. The guide is broken down to numerous parts and will be posted in sequence. The procedure is designed to enable owners to operate alone as well as employing other staff members. The business obviously grows much faster, if the owner has the ability to manage employees.
Short term objectives should be reasonable such as ability to quit your job and pay all your expenses through the business. In your first year, anything more than that may not be that easy.The long term objectives would be anywhere from a local circular to a state wide chain of magazines.
It is important to ask questions and in fact, posts will stop if there is not enough participation. Please feel free to leave comments also.