It Is Rare For An Overdue Magazine To Earn $10000 A Month.
Sales of overdue magazines can also make a lot of money. Hong Jiagao, a Anhui native who sold 5 years' overdue magazine in Nanjing, excavated the first barrel of gold by this ingenious entrepreneurial idea. Now he rents a small facade in Confucius temple, Nanjing, to sell expired magazines.
Walking into this small shop less than 10 square meters, there are more than 100 kinds of magazines, such as Ruili, ELLE world clothing court, fashion home, and so on. Some of them are old magazines a few years ago, and there are also relatively new magazines published in July 2005. Reporters saw that the July 2005 ELLE world clothing court can sell 10 yuan a book, in 2003, "ELLE" only sell 3.5 yuan a book, 2002's "entertainment unlimited" plus CD only 1 yuan per book. The original price of these magazines is about 20 yuan, or even higher.
Hong Jiagao told reporters that he used to sell books in a big old book market in Hefei, Anhui. Most of these books were returned wholesale from the press stand.
Later, he realized that Nanjing had not yet had such a big old book market, so he decided to make a rush in Nanjing. In 2000, he contacted many small bookstores in Nanjing and put the expired magazines in the bookstore for sale. Gradually, he found that some fashion and home magazines were popular and sold well. So he contacted the manufacturers directly and sold some overprinted magazines.
There are about forty or fifty outlets, and sales are very good. One day, there are thousands of yuan business income. It is not a problem to earn 10000 yuan a month.
After doing this for 5 years, hung Jia Gao set up a small shop and concentrated on selling expired magazines. He opened this exclusive store in early September this year. The low price and the quality of the magazine make the store a very small source. According to Hong Jiagao, people who buy books are mostly young people, and there are also some professionals, such as designers, students of art department, etc.
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