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  • What Could You Learn From the Best Retailers?

    Retail can be a tough business. Competition is fierce, location is everything, and the buyer is fickle and expensive to reach.

    That’s why successful small retailers perfect the art of loyalty, referrals, word or mouth, promotion, and community building.

    You know, as I read that list I wonder why service businesses don’t take a page from this book. Is there anything on the list above that would hurt your marketing efforts. Of course not.

    All it takes is looking at your marketing from some new perspectives.

    • What if you offered gift certificates for your services?
    • What if you mailed those gift certificates to your loyal clients and encouraged them hand them out?
    • What if you offered bridal or baby registry? (C’mon, get your neighbor’s kid a tax return for their wedding – way better than a toaster)
    • What if you held over the top events for your clients? (I know a remodeling firm that buys out a Christmas tree farm for that year’s clients)
    • What if you had a holiday, client only, sale or new service introduction?
    • What if you held education forums aimed at very specific niches of your clientele? (single women, parents with kids going to college, sports minded families, people learning to be more green.)

    Another benefit of some of this kind of out of the box thinking is that it presents great opportunities for some PR. Are there any other service businesses in your town offering bridal registry? Be the first – the media loves a first.

    A little creative thinking and this list could really get interesting. Pay attention to folks like Apple, Urban Outfitters, Target, Ikea and those local main street superstars that seem to thrive in the shadow of Wal-Mart in every town across America.

    What other ways could service businesses use these tactics?

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    Posted by: John Jantsch on Jun 25, 07 | 2:02 pm
    Category: Blogging | Tags:

    Comments
    • "(C'mon, get your neighbor's kid a tax return for their wedding - way better than a toaster)"

      *that* is such a great idea!
    • This is a great start to a useful list for retailers. I'm always surprised that more retailers don't levearge loyalty programs. It's a great tool for small business owners.
    • John,
      Last night, I was re-reading Dartnell's Direct Mail book, circa 1979.

      Inside, there was a list of at least 100 promotions / direct marketing techniques for retail businesses.

      Some might be outdated, but could be updated simply by switching tactics or markets.

      It goes to show that everything old can be new again.

      and... BIG IDEA HERE>>> since now I know that my CPA services like Tax Returns are ok to give to Newlyweds - I'm going to encourage my wife to give my gift certificates to her friends at their baby showers too... :)

      Dave
    • Jackson Marketing
      This is a great list of things a retailer can do. But most importantly they need to constantly be reviewing their product offer to meet and go beyond the expectations of their customers.
      Retailers that ignore this can become stale and uninteresting and cutomers will respond by shopping elsewhere.
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