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.
maide service in Park Ridge ..Product/service publicity is the superhighway to business success everyone dreams.... Read More
Does the thought of knowing your verbs from your adjective... Read More
Media relations is a great profession.On good days, I earn... Read More
There's a dirty little secret about press releases that the... Read More
You know that getting publicity is vital to the health... Read More
Managers, please take a minute and read two sentences: People... Read More
You've probably noticed, if you live on this planet, that... Read More
The Public Relations (PR) industry is responsible for creating and... Read More
Business, non-profit and association managers committing their public relations resources... Read More
In fact, here are three really foolish goofs made by... Read More
You bet!Especially for business, non-profit and association managers who REALLY... Read More
Just about anyone who has been in the public eye... Read More
One big mistake that many marketing-minded financial planners make when... Read More
For discerning business, non-profit and association managers, PR success is... Read More
The right kind of PR, that is, the kind that... Read More
The least expensive, most effective way for you to promote... Read More
E-mail is becoming the preferred way to receive media releases.... Read More
It is virtually impossible to succeed professionally and personally without... Read More
Publicity will take your financial planning practice, your business, and... Read More
Business, non-profit and association managers are in a stronger position... Read More
Even after a nice piece in a national publication, or... Read More
Before you even think about writing a press release, there... Read More
It behooves you to know and remember the names of... Read More
To get someone's name in the newspaper or a product... Read More
In these days of every increasing demand and competition, there... Read More
after renovation cleaning Highland Park ..Business, non-profit and association managers are in a stronger position... Read More
You do not have to hire a publicist or advertise... Read More
Recently someone asked me why so many restaurants go out... Read More
Years ago when my Dad owned a group of local... Read More
You've probably noticed, if you live on this planet, that... Read More
Well, for starters, because good public relations can alter individual... Read More
Have you ever noticed that in communities without big universities,... Read More
OK, as a manager, your goal is to show a... Read More
News releases are not the best way to get major... Read More
As a manager, does your current business, non-profit or association... Read More
When ABC News anchor Peter Jennings announced he had lung... Read More
The public relations goal and strategy make sense; the message... Read More
The annual detailing of the Kentucky Derby Train is an... Read More
Have you ever noticed how the same people's names always... Read More
As a business, non-profit or association manager, do you see... Read More
Question: Why should your business issue a press release? Answer:... Read More
You are in business for yourself, but how well do... Read More
As the comedian Steve Martin once said, "some people have... Read More
In previous articles for marketing-minded financial planners, I've discussed what... Read More
The short answer is, it works best when its fundamental... Read More
Stripped down to its core, publicity is little more than... Read More
You know that getting publicity is vital to the health... Read More
Recently I had a craving for... Read More
Everything, that is, if you ignore those folks whose behaviors... Read More
There are many ways you can get tons of free... Read More
Public Relations |