To make this project work, and get 500 full colour 12 page newspapers it was going to cost us £500 and, obviously, we don't have that kind of money kicking around so we had to get it another way. We decided the best way to raise the money we needed was to sell advertising space in the magazine. We asked several Universities if they wanted to put an advert in the paper, as it would be a good place to advertise given that it would be distributed to students. We also asked the Junction because we know them and have worked with them before, and Simon had some left-over cash, and could use the advertising.
Our total outgoings were £511.40:
500 newspapers - £500
P&P - £11.40
Our total income came to about £655 due to adverts and sales.
The Junction gave us £350 for advertising space
Lincoln University gave us £100 for advertising space
OCR gave us £100 for advertising space
This alone came to £550 so we were already £50 in profit. Score!
Gurnsey Grammar School bought 20 copies for £10
Reigate School bought 120 copies for £60
Islington bought 40 copies for £20
Netherhall bought 30 copies for £15
This is about £1o5 so we are now £155 ahead!
We kept about 50 so we could have one each, moderaters and stuff needed them etc.
We still have 260 copies to sell, and Jenny is advertising it on OCR teachers week this week so we should be able to make some more cash!
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