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Ownership represents over 60+ years in the Publishing Industry, with Staff representing an additional 46+ years of industry experience.

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Phone: (925) 371-5800

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Magazine Rebate Invoicing Is Better Left to Those Trained to Do It

Magazine rebate invoicing, like all jobs, is not necessarily easy to do. And of course, this is true especially when you are a beginner. You will find this job quite challenging and maybe a bit bewildering. You will balance the job between keeping up with the number of magazines sold and determining the profit level. You can get really lost at it if you don't know the proper mechanics of magazine rebate invoicing.

Magazine rebate invoicing is a task that is best left to the experts, such as Premiere Retail Services, Inc. It is the only company in the country whose chief task, responsibility and commitment is to do the invoicing and collection of Magazine Retail Display Allowances (RDA's) without encountering any outside conflicts of interest.

Premiere Retail Services, Inc. has a group of experienced staff who will guide beginners through the ins and outs of magazine rebate invoicing. Here are the company's tips for beginners to magazine rebate invoicing:

  1. Keeping up with all the magazine titles seems to be (and it actually is) a daunting task, so you must prepare yourself with all the right tools for this job. For instance, you can develop a claim document system (a very important step) that will help you in dealing with magazine rebate invoicing.
  2. You are aware that publishers have the right to know which titles have been sold and which copies are to be returned to them. While you would like an immediate payment for the magazine rebates for those that have been on display. The solution to this is creating a comprehensive quarterly claim form at the earliest filing date, which will guarantee you prompt rebate payments.
  3. Every retailer, naturally, wants to earn big and it's no different for a magazine retailer. It's very important to know every aspect and area of your magazine retailing business. For instance, make a list or summary of the magazine titles that are your shop expects RDAs from, so that you can focus on those particular titles. This will give you have the chance to maximize your earnings potential.
  4. Magazine rebate invoicing gives you the chance to hone and develop your promotional skills and knowledge. These will help you increase further sales. For instance, you can sell magazines along with other items to attract more customers and help bring in more profits. It will help you to expand your market that you might not have thought of without the increased information that is provided through the claiming process. It helps to diversify your source of income.
  5. Choosing the right magazine titles for your customer base is an indication of thorough understanding of the magazine market. Magazine rebate invoicing can bring you to those markets that your clients often prefer more.
  6. To make magazine rebate invoicing easier to manage and be in control of (even for a beginner), a proper spread sheet is ideal because it provides all the pertinent information that is easily accessed.

The recent economy woes have brought down many retail businesses. So it helps your diversify your income in these tough economic times. Magazine sales are a great way to increase cash sales which can help the bottom line of your business. It is important for beginners to learn these tips (and perhaps more) regarding magazine rebate invoicing so that they can maximize their profits. If you don’t think you are ready for this task, Premiere Retail Services, Inc. is able to help you receive the funds you are owed.

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