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News Dealers and Newsstands, SOP Manual

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This SOP article establishes an examined comprehensive report on “News Dealers and Newsstands”. This industry primarily involved in retailing of newspaper, magazines, periodicals, and other related products to the end use customers. Rising population, globalization, increasing number of travellers, urbanization development in emerging countries, magazine and newspaper with quality content, and rising demand from the end users, these are the major factors, which influence the growth of global newsstands and newsdealer market. Currently, the market has restricted its growth, owing to the evolution of digital platforms. So, top leading companies are started to shift their business model towards the digital platform. This industry also generate revenue through by selling other related products to the customers such as snack, stationary, advertisement boards, cool drinks, etc. Majorly, newsstands are located in the common places, where the people gather often. Evolution of digital platforms, presence of many competitors in the market, and availability of alternative source of news gathering, these are the major threats that restricts the growth of global news dealer and newsstand market. The industry market is expected to drive the demand, when the confidential and other debated news gets publish in the paper. Although the evolution of digital platforms restricts the newsstand market, but still some people prefer the newspaper for their comfortable factors. Bus, railway, and other terminus are the major location, which drives the products into huge demand. Due to the wide range of geographical area, and massive population, Asia-Pacific region dominates the global newsstand market in terms of sales and distribution, and following, North America region leads next in the global dominance. Owing to the presence of regular customers and increasing travel activities, the global news dealer and newsstand market is expected to continue its constant pace of demand in upcoming forecast period.

Industry Process:
The industry operation starts with the purchasing of newspaper, magazine, and periodicals from the distributor or publisher, where the purchasing activities are done according to the current market’s demand. Majorly, these shops are located in public gathering places and also, they perform in a mobile servicing mode. In case, the news paper remains unsold then, the publisher will obtain it back from the retailers, and this is considered as one of the major merits of owning newsstands. Content of the news in newspaper determines the sales performance of the newsstand. The similar concept of newsstand is evolved in digital platforms, where a website contains wide variety of newspaper and magazines in it, and the reader can purchase or subscribe it from anywhere and anytime. In newsstand, placing promotional or advertisements boards and posters is the one of the key factors which generates revenue for this industry and also, this strategy is followed in the digital newsstand market.

International Standard and Association Regarding this Industry:
• International Organization for Standardization| ISO-9000| https://www.iso.org/iso-9001-quality-management.html
• World Association of News Publishers- https://www.wan-ifra.org/who-we-are
• American Association of Newspaper Distributors- https://www.trsa.org/

Leading News Paper Publishers in the world:
• The Guardian| Kings Place, London| https://www.theguardian.com/
• China Daily| Chaoyang, Beijing | https://www.chinadaily.com.cn/
• Times of India | Mumbai, India| https://timesofindia.com/
• Sydney Morning Herald| North Sydney, Australia| https://www.smh.com.au/ 
• The Asahi Shimbun| Osaka, Japan| http://www.asahi.com/ 
• Dawn| Karachi, Pakistan| https://www.dawn.com/ 
• The Wall Street Journal| New York City, United states| https://www.wsj.com/ 
• The New York Times| New York City, United states| https://www.nytimes.com/ 
• The Washington Post| Washington, United States| https://www.washingtonpost.com/ 

Journals and Magazine Related to this Industries:
• Newspaper Research Journal| SAGE Journals- https://journals.sagepub.com/home/nrj 
• Effective Headlines of Newspaper Articles in a Digital Environment- https://www.tandfonline.com/doi/full/10.1080/21670811.2017.1279978 
• Introduction to Newspapers and Magazines- https://guides.library.illinois.edu/c.php?g=593567&p=4105853 
• Newspaper| History & Facts| Britannica- https://www.britannica.com/topic/newspaper




Written by SOP Team

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