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Magazines: Mainstream and Alternative

The Big Issue (17–23 October 2016)

  • 3 things to know
  • Component 2

Overview

Vendor model, calling The Big Issue a social enterprise and content does The Big Issue carry.

What you need to know

Answer each one before you reveal it.

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Numbers

Who founded The Big Issue, and when?

Key term

Explain the vendor model.

Numbers

What was the cover price in 2016, and what did a vendor keep?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    Who founded The Big Issue, and when?

    Model answer

    John Bird and Gordon Roddick founded The Big Issue in 1991. The founders wanted a business solution to street homelessness rather than a charity handout.

  2. 2

    Explain the vendor model.

    Model answer

    Vendors buy copies of The Big Issue at half the cover price and keep the difference. The sale gives a homeless or vulnerably housed person a legitimate income.

  3. 3

    What was the cover price in 2016, and what did a vendor keep?

    Model answer

    The cover price was £2.50 in 2016 and vendors bought each copy for £1.25. Every sale therefore earned the vendor £1.25.

  4. 4

    What is meant by calling The Big Issue a social enterprise?

    Model answer

    A social enterprise trades commercially but exists to achieve a social purpose. Surplus at The Big Issue serves the vendors rather than shareholders.

  5. 5

    Who published The Big Issue in 2016 alongside The Big Issue Ltd?

    Model answer

    Dennis Publishing worked in partnership with The Big Issue Ltd. A commercial publisher's expertise supported a social enterprise's title.

  6. 6

    How does distribution of The Big Issue differ from every other magazine studied?

    Model answer

    Street vendors sell The Big Issue directly rather than newsagents stocking it. The method of distribution is itself part of the product's purpose.

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