In last year's animated film Shrek II, a giant gingerbread man steps on a building and sends all the customers scurrying across the street. The name of the establishment they leave and the one they run into is "Farbucks" ? poking fun at the fact that an unending stream of patrons appears willing to pay four bucks for a cup of coffee.
While it's an exaggeration to say there is one on every corner, since 1992, Starbucks has exploded from 192 locations to more than 9,000 worldwide, and will average four new store openings every day this year.
Starbucks isn't the only retailer attempting to create density in the marketplace. Walgreen's and CVS are popping up locations everywhere ? usually across the street from each other, just like Lowe's and The Home Depot. In my small community, there are even two Shell stations on either side of the primary street; definitely a strategy of getting your customers coming and going.
As a small business owner, your challenges probably lie more in the area of finding new customers than in what area to open your new location. The first step in growing your business is to own the three-mile radius surrounding it. Before worrying about how to get folks from the other side of the city to do business with you, make sure you've taken the proper approaches to informing everyone who lives and works nearby that you are there for them.
There are many techniques for getting your name out to prospects, and you may already be utilizing some of them. Networking at community events is a great way to become visible to your potential customers. And don't be shy about asking your best customers to refer you to their friends and associates. Advertising in a local magazine is an excellent way to reach those in your target market. Direct Mail, billboards, Yellow Pages, radio/TV and even a magnetic sign hung on your car door are all proven forms of effective advertising.
An often overlooked marketing gem is public relations. Think of PR as free advertising?with one big difference. With advertising, you pay for the ad and control the message. When it comes to PR, a newspaper or magazine publishes a story about your company and charges you nothing, but they control the editorial content. Despite this important distinction, PR has the potential to send many new customers your way.
To get publicity for your business, write a press release containing your newsworthy information. Don't worry about making it fancy, just include the "Who, What, Where, When, Why and How" and your contact information. Find out the names of the editors of local publications who distribute in your three-mile radius such as the Tri-County News, Local Villager and Area Sun, then send them ? by fax or e-mail ? your press release. Be sure to follow up the next day with a phone call asking if they received it, and if there is any more information you can provide. They'll respect your determination and you'll rise to the top of their "possibilities" file.
Editors are always looking for news, but be aware they don't like press releases that appear to be promotions or sales pitches. One of the first things I learned in journalism school more than 25 years ago is "Dog bites man. No story. Man bites dog. That's news." Be creative in crafting your press releases. Start by thinking about yourself. What makes you unique?
One of our coaching clients is a former two-time individual world champion in his sport. When opening his business, he decided to separate the successful athlete of his youth from the aspiring business owner of his adulthood, so "people would take me more seriously." When we started working together, I immediately suggested he change that philosophy and capitalize on the champion angle. After sending out a few press releases, he started receiving many calls from editors who recognized the connection between perseverance as an athlete and a business owner. The ensuing articles led to speaking engagements at community events and, ultimately, to more customers.
The mythical kingdom in Shrek ? home of Princess Fiona ? is named Far Far Away, and some area businesses are able to attract customers from far away neighborhoods. The faux jewelry and fashion stores you would drive miles to visit are perfect examples, as are unique restaurants far far away. If your business doesn't fall into this category, remember to focus on owning your three-mile radius. There are plenty of potential customers within that circle just waiting for you to tell them how you will make things better for them.
Copyright ? 2005 by Success Handler, LLC. All rights reserved.
The Coach, David Handler, is the founder of Success Handler, (http://www.successhandler.com), and specializes in helping small business leaders find clarity and take action. He understands the challenges of running a business, because he's been there ? as a small business owner, franchisee, franchisor, corporate leader, and trainer. Much like sports coaches, his coaching will show you how to compete on a level playing field in your industry.
home cleaning services Deerfield ..And show it for what it is - a humdinger... Read More
One of the greatest ways to promote your product or... Read More
If you get the hang of speaking to the press... Read More
There's a dirty little secret about press releases that the... Read More
When I talk with business people, they tend to believe... Read More
What's more crucial to the success of a business, non-profit... Read More
The Key to Great PR is PerseveranceBy Paula Gardner of... Read More
I got the latest issue of Internet Works in the... Read More
Business, non-profit and association managers committing their public relations resources... Read More
Managers ? the business, non-profit and association sort ? really... Read More
Always ask, "Is now a good time?"Deadlines in journalism are... Read More
How much more fundamental can you get than this? As... Read More
This guide to "SEOing" your PR efforts can help you... Read More
Yes, you can call a reporter.I've said it before, in... Read More
A well structured press release in an excellent way of... Read More
When you should send samples with your press release:1) When... Read More
If I were coaching you as a business, non-profit or... Read More
One big mistake that many marketing-minded financial planners make when... Read More
The message is determined by analyzing the brand being marketed,... Read More
"Cindy, where's that story? I need it yesterday!""Coming right up,... Read More
Have you ever noticed that when someone is interviewed on... Read More
Imagine that you are a radio producer. You have to... Read More
Before you even think about writing a press release, there... Read More
I am often asked by clients to target USA Today... Read More
It doesn't matter how cruel the reality programs get, there... Read More
recurring housekeeping Highland Park ..It doesn't matter how cruel the reality programs get, there... Read More
Effective Media Relations Tips - What To Do After The... Read More
If you're an online business using public relations (PR) to... Read More
PRESIDENT BUSH TELLS A STORYOn March 18, 2005, President Bush... Read More
Each of us is exposed to people from other cultures... Read More
PR, that is public-relations, leads the way to effective advertising;... Read More
Here are two to-the-point questions recently posed by several association... Read More
? Don't wear all black. You'll look as though you're... Read More
If a reporter was writing a story about you and... Read More
You've heard "them" say it, haven't you?By "them" I mean... Read More
Here's the point: people act on their own perception of... Read More
If you have had any experience in public relations or... Read More
The public relations goal and strategy make sense; the message... Read More
As the year starts to wind down, many businesses and... Read More
As a business, non-profit or association manager, you'll know it's... Read More
In larger cities with many outlets they are competing for... Read More
As a mobile detailing company it is important to have... Read More
If, as is often the case, you are preoccupied with... Read More
Many of our clients are in service businesses, such as... Read More
True, because department, division or subsidiary managers for a business,... Read More
As a business, non-profit or association manager, let the tacticians... Read More
The Key to Great PR is PerseveranceBy Paula Gardner of... Read More
Managers ? the business, non-profit and association sort ? really... Read More
Public relations is a very important part of the marketing... Read More
Hundreds of thousands of News Releases are sent out all... Read More
Public Relations |