Rule Recruitment Ltd
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London, Greater London
Publishing Manager (Sales/Business Development focused)
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Job Type: Full-time |
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Salary: £35,000 per annum |
Overview
Publishing Manager (Sales/Business Development focused) The Company: This business has a "freesheet" publishing model, i.e. given away to the audience without a cover price and subsequently, they are 100% dependent on advertising and sponsorship revenue. Unlike most other "freesheets" however, they don’t use street distribution (tube and train stations) or retail outlets to distribute publications. Instead, they pay broadsheets a fee to print and distribute it. Some of that fee is the cost of paper; some of it is profit. Profit is made by keeping 100% of the commercial revenue on each report, less the costs (print, editing, images, design and journalists). Unlike most other media companies, this client doesn’t have a separation between the "creators" and the "revenue generators". Instead, Publishing Managers are tasked with the responsibility of doing both. This, therefore, includes researching "information gaps" to find interesting report ideas and then selecting and assembling the team that is going to help them create it (Editor, 5-8 writers etc.) before going out to market to raise the revenue. The reason they are structured in this way, aside from being a very interesting and varied job, is that it gives "revenue generators" 100% product knowledge, which leads to marketplace credibility. The Role: Publishing Managers are tasked with creating 5 different commercial reports per 12 months. When you start you will receive 2 weeks of comprehensive training from the Managing Director, Head of Publishing, Head of Marketing, Production Manager, Head of Digital and Head of Custom Publishing. This training will encompass about 30 different training modules, covering everything you need in order to succeed in the job. There is a particular focus on understanding marketing, premium publishing values and performance in sales and business development. Realistically, you will spend 80% of your time working on the commercial side of your report (driving revenue with sales/business development), as this is the most challenging aspect of the job. However, the other 20% of the role is split between researching a topic and then project managing the editorial production once your report is financed (commissioning and briefing journalists and designers). Of course, those who excel on the sales side have more time to dedicate to the creative side of the role. This is a very autonomous role, and not strict on measuring KPIs. Instead of strict KPIs, the publishing team have collectively identified and agreed 8 "high-performance behaviours" which publishers should use as the benchmark for success. The Package: The "average" Publishing Manager can expect to earn a minimum of £14,000 in addition to their basic salary of £35,000 (plus every report which a publisher makes over target will raise their basic salary by £1k aiming to raise their basic to £40,000 over the course of the year). High performers can expect to earn £70,000 in their first year. Second-year Publishing Managers are typically promoted to "Lead Publishers" which means an increase in basic salary of an additional £6,000. The Candidate: Previous sales experience is desired but not a pre-requisite however 18 months commercial experience is necessary . You must be a self-starter for this role as, after an initial training/shadowing period, you will be expected to work off your own back and be highly motivated. Whilst everyone in the team is different, the following characteristics make for great publishers: - Credibility and authority: you must be able to influence people who will be more senior and have more experience than you. - Resilience and bravery: you must be able to get a job done irrespective of the challenge. - Intelligence: you must be able to grasp business concepts quickly. - Self-motivated and self-disciplined: you should be able to work independently, setting yourself short term goals and executing them. - Personality: you’ve got to have one, and be able to flaunt it RULE Recruitment is here to support you through the process, prepare you for interviews and advise you on how to communicate your talents to prospective employers. Realise your potential with RULE RULE Recruitment work with many leading recruitment agencies placing experienced consultants into the UK’s best recruitment firms. We currently have many openings for recruitment consultants, with a diverse range of firms from large corporate multinationals to cash rich and exciting start-ups. If you are looking to further your career in the world of recruitment, we can help you find the perfect firm for you. With 45,000 recruitment agencies, finding the right job can be both tough and daunting. Upon receiving your application, we will give you a free consultation as well as discuss the various options to you within the recruitment market. We will arrange interviews for you with the leading recruitment agencies on your behalf and once confirmed, shall fully prepare you - giving you the best chance to secure a recruitment consultancy position. We typically place people into the following positions: Recruitment consultant, Senior Recruitment Consultant, Princip