Sunday, May 3, 2009

Lost Opportunities

I walked into a large used furniture store recently looking for an antique bureau. I had never heard of this store and just happened to drive by. A man in his 50's, who appeared to be the owner, was doing work on his computer and briefly glanced up. I looked around the store for a few minutes and left shaking my head. There was nobody else in the store and part of the reason was obvious. The service was terrible and the store was boring and dull. There wasn't any music playing and the walls were bare.

This man lost a multitude of business opportunities by being complacent. A passionate business owner with powerful marketing skills would run this business different. Here is what a masterful marketer, like your self, would do:
  • Get out of your seat and greet customers with warm smiles.
  • Offer coffee and a doughnut, pastry, Glacier Ice Cream, etc.
  • Try to strike up conversations with the intention of discovering commonalities.
  • Ask customers if they are looking for anything specific. If they aren't, keep an eye on them and tell them to feel free to ask any questions.
  • Offer to call a competitor for items you do not stock. A network of used furniture stores that cooperate can be very effective. New furniture stores are also competition to used furniture stores. I wound up buying a new bureau.
  • Offer a $20 off your next visit coupon in exchange for the customers email information. Keep a database of items customers are looking for and send out periodic offers through email newsletters.
  • Have music and wall decorations in the store. You should also sell everything displayed on the walls.
  • Give your customers coupons for a 10%-20% premium when they sell use furniture to the store.
  • Market heavily at and around the local university that has over 10,000 students move in and out each year. (None of the over ten used furniture stores in Boulder do this)
  • Do fusion marketing with other used item businesses like clothing stores, bicycle stores, and home furnishing stores. You can network, offer coupons, and put small displays in co-operating businesses.
  • Establish relationships with local landlords and property management companies.
  • Put furniture displays outside your store on sunny days.
  • When your customers are completely satisfied with everything you offer, hand out special offer coupons to give their friends. You can even make it more beneficial for customers. Offer $100 in free merchandise for each $500 in business that the coupons generate.
You have control of your destiny. Ignorance is not an excuse. Struggling entrepreneurs can either wallow in their misery or do something about it. There is an endless source of free marketing information on the web or you can hire a professional marketing consultant to help you regain your dream. This is your moment. Create a profitable business that is the perfect reflection of you.

17 comments:

  1. So true about those kind of businesses. there is a shop in town called old as new and they do a good business doing what you say.


    Don Shepherd

    Fishing Central Oregon

    ReplyDelete
  2. You would think a warm greeting and a friendly atmosphere would just be common sense and a sign of being invested in yourself and business in other than fiscal ways. That dude is missing the boat!

    Anthony
    Achieve the Inner Balance of a Zen Monk

    ReplyDelete
  3. Mark,
    I alway learn some new things from you.
    I too have had the same things happen to me.

    Lynn Lane
    Success Strategies For Life
    Success Today

    ReplyDelete
  4. You are right, it is not as simple as turning on the lights and unlocking the door. You have to work for it and implement as many of the suggestions you gave as possible.


    Bob Kaufer
    Sign Up for My Free Neuro Performance E Course Here

    ReplyDelete
  5. Mark.

    I AGREE 100%!!!!!!!!!!!!

    As a former retail supervisor, I still can't walk into a store without thinking in those terms. And there are many stores that will never see me again for the very reasons you mentioned.

    And it would so relatively easy to turn it around

    Thanks
    JC
    JCMACKENZIE.COMButterfly Marketing

    ReplyDelete
  6. My sister and I were just talking last night about BE EASY TO BUY FROM. Your blog post indeed remakes the point. When you have a retail establishment, indeed, you actually need to SELL and market with your customers.

    sigh

    Build up your customer relationships for success.

    Best regards,

    April Braswell

    Dating Quick Start Expert, Relationship Success CoachDivorce Support and Bereavement Counseling Support seminar, Henderson, Las Vegas

    ReplyDelete
  7. Maybe you should stop by that furniture store again and just leave a a sticky note on the guy's computer with the link to this post. Those were just awesome ideas and suggestions. That guy probably wonders every day why he isn't selling anything.
    Lisa McLellan, Babysitting Services - Babysitters, Nannies, and Au-pairs

    ReplyDelete
  8. When I come here I feel like I am learning from a true expert.

    It's amazing how simple you make all of this seem. After reading one of your posts it feels like the most obvious thing in the world. I wonder if the guy in the furniture shop would feel the same if he read this?

    JJ Jalopy.
    Coaching Mentoring Expert JJ JalopyHow to become a coach with JJ Jalopy

    ReplyDelete
  9. Brilliant plan. Once again, your post is full of small business marketing ideas. Thank you!

    All the best,
    Yann
    How to Get Organized, Stop Procrastinating, and Set Goals for Small Business Success

    ReplyDelete
  10. Funny, I was in that store not too long ago. This week when I drove by on the way to my favorite prowling place for old furniture I noticed the store was gone. I shrugged and continued on to the store where folks say hi and ask what I'm looking for.

    Pat
    Internet Dollars for Business Owners

    ReplyDelete
  11. Your post demonstrates how naturally and easily practical marketing and business solutions come to you.

    Powerful stuff. And worth a fortune to the guy in the store if had the gumption to solicit it.

    Philip Graves
    Consumer Behaviour Researchauthor of "The Secret of Selling: How to Sell to Your Customer's Unconscious Mind"

    ReplyDelete
  12. Mark, i need more marketing know how.


    Don Shepherd

    Central Oregon Camphiker

    ReplyDelete