Price

When chosing the price of my magazine I will have to take different factors into account. Firstly how popular my magazine may become will defiinitely alter the price but as it will be going out as a new magazine the price will have to stay quite low for the time being. Also the price of competitors magazine will give me a better understanding of the pricing. The magazines that are on sale today are priced at around £2-£10. Obviously the higher the price the more the magazine will give the reader, and this may include free gifts. As my target audience is mainly for the student generation i need to make the magzine affordable. Also to go into consideration is the money that can be made and the price the magazine is sold at is am important factor to make sure I at least break-even. The price that i think my magazine will sell best at is £2.99. The reason for this is that it is roughly inbetween the two major rival magazines prices which I believe Q is at £3.90 and NME at £2.10.