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Retail Marketing Tip: Care Labels

Where do you think retail marketing starts? No, not a coupon or your website. It’s by showing how much care you give at the end of a sale.

When I was working with a group of window fashions dealers, I always suggested they leave a bouquet of flowers on the table after they had thoroughly cleaned up their work areas and cleaned the glass. [Not an $85 bouquet of roses mind you, a $9.99 bunch from the local florist or even grocery store.]

Why?

It was unexpected and a nice touch to make their purchase a “wow.” And help cement the way they go out of your way for the customer. Continue reading Retail Marketing Tip: Care Labels »

Retail Marketing: Ask For Referrals

People often ask me for the “magic bullet;” that one thing that will make them money.

In a word, it is being “remarkable.” Most of us only have remarkable when the Dow drops 900 or gains 900 points.

Remarkable is doing a job so well your customers have to talk to someone about it.

They engage their friends and market your business in ways you can’t imagine. That is the power of being remarkable.

Case in point, when I was in Mexico, I discovered Explore Cancun Tours offered an all-day bus tour from Cancun to the Yucatan peninsula. They provided onboard snacks, lunch at a local restaurant complete with local girls dancing native dances, expert narration, ice-cold Coronas waiting for us as we reboarded the bus and a hospitality and graciousness rarely seen. Continue reading Retail Marketing: Ask For Referrals »

Benjamin Moore Paint Grabs Market Share In Unlikely Places

Others may cover the world but who thought to cover the mall?

I had a couple of hours before I was to speak at the Providence, RI Convention Center Friday night when the client informed me there was a mall on the other side of the Westin.  That’s all I needed; occupational hazard.

As I strolled the Providence Place Mall, I noted the abundance of very high-end prosperous retailers on three levels. There were a ton of high schoolers, maybe because it was minus 10 outside or because it was Notorious Big’s opening night at the movies.  I was just about done when I spotted what I thought was a cosmetics counter. img_0182

I did a double take when I saw the Benjamin Moore logo.  It was a kiosk in a high traffic part of the mall featuring small samples of Benjamin Moore paints along with design ideas.

What I particularly like about the design was how open it was and inviting.  A quick Google search found this description from Benjamin Moore about it, “The Color Station is a customer friendly and interactive mall kiosk offering this Premium Brand and its quality products in a whole new way. Prospective candidates should demonstrate a passion and understanding of color, believe in the Benjamin Moore brand and be able to motivate our customers to choose colors and provide the confidence to complete a project. They also need to be ambassadors of the brand – advocating the retailer channel and driving their customers into our retail stores.”  Yep, if you are looking for a manager job, they have an opening.  But I digress.

This kiosk is an example of what the best brands are doing during a recession, looking for market share in unexpected places.  While I’m sure the project was in the works before the Wall Street meltdown of last fall, it is right on trend.

img_0184Others will tell you 2009 is only about “value,” “discounts,” and “frugality.”  If that’s the case then out the window are the words, “long lasting,” “easy to use,” and “quality.”  You can’t have both; we all know that.  That’s why I’ve only used Benjamin Moore for many years.

As a premium brand, Benjamin Moore has set a new direction for grabbing market share.  Judging from the activity around the booth, all women – some with kids, it seems to be working.  Oh yes, no “2-for-1,” “buy now with no credit” and no coupons in sight. 

What examples of premium retailers being found in unexpected places have you found?

New Products At NRF Big Show's Sonic Bar Experience

Creative Communications

David Weyher from Creative Communications

At the Sonic Bar Experience Store I found this kiosk with a screen for Virgin and rep David Weyher who took me through the concept from  Creative Communications.  Direct mail provider Mail America partnered with this company to integrate a direct mail piece that is trackable.

It starts with a personalized card card sent to a targeted list.  In this case the offer was a contest with a discount for bringing the card in.  Nothing particularly new about that you may think.

Once you got to the kiosk, you scanned the bar-coded direct mail piece to check if you won, (everyone wins something.)

After it tells you that, it offers for you to signup for a reward card and could do the same with a store credit card.

Direct mail has always struggled with redemptions and the codes usually are so generic any employee can add it to any sale.

The beauty of this to me was the fact it’s individual bar code could tie into your POS and you could see the average check of those who redeemed your offer.  You would stop multiple redemptions because it is checked against the mailing list.

Also,  you could easily capture their information for your own database.  This is important because a paid list only lets you use it once unless the customer signs up.  In the old days that meant a dedicated person had to manually enter that information which rarely if ever was done.

This would be perfect for a big store like Virgin, probably not so much with a smaller store format but time will tell.

Another product at the Sonic Experience Bar was KeyRingThing which combines 6 loyalty cards onto one wallet card.  keyringthingThe customer sets up an account online, registers up to 6 loyalty cards and they get a plastic card with three on the front and three on the back.

The cards are free because they are targeting selling the ad space at the top to larger companies like Coke, etc.

Watching people’s reactions to the product, looks like there is interest.

Finally, if you are pursuing a green strategy, what do you do with your paper receipts?  Apple emails them to you but not everyone is open to giving their email address out.  Jayson Lowe, Executive Director of Alletronic has a new idea. 

Their focus is to stop the 9 million pounds of paper used for paper receipts. Their facts are a bit startling: a single big box store will use enough trees to encircle the globe twice. More details for retailers here

Here’s how it works for customers. Register any of the credit cards you use to purchase items, choose from retailers who are part of the program and every time you make a purchase, your receipt is emailed to your Alletronic account. No more paper or looking for receipts. Getting the word out may take some time but it definitely is where we are going.  

I promise the financial stuff tomorrow.

Devil Starbucks to Angel McDonald's

The largest hit for the Seattle Post-Intelligencer last week wasn’t the economy, or Obama or Iraq no, it was that Starbucks Won’t Slug It Out In Ad Wars.  Seems McDonald’s has put up a billboard promoting its espresso within sight of Starbucks’ headquarters. Oh yes, it also has another message: “Four bucks is dumb.” 450mcdonalds11_billboard1

Another billboard, among a group of 140 in the western part of Washington, states, “Large is the new grande.”

Alan Finkelstein, a McDonald’s franchisee in the state, told the Seattle Post-Intelligencer, “The billboard placement was done because we picked high visibility locations. We really wanted to point out that ordering an espresso at McDonald’s is quick and simple. Small, medium and large. It’s easy.”

Despite McD’s jabs, its unlikely that Starbucks will respond just as it has ignored a Dunkin’ Donuts comparison campaign that shows actors choosing its coffee in blind taste tests. And I would agree, for most people, Starbucks own the words “specialty coffee.” They don’t need to say “oh yeah, well we’re better than them.”

I applaud the franchisee who thought this up. I built my business taking on two Starbucks within a block of an independent coffee roaster.  While I detail how it came to pass in my book, You Can Compete, the ads that knocked the competition (and there were about 150 of them) were the third (last) thing we concentrated on. pgc-ad-11-02

You first have to have a store that is clean, organized, displayed well and well lit. Next you have to have great employees who sell the merch, not just make, dust or fold it. Finally, you create awareness of the brand.

Martin Lindstrom says in his excellent book, Buy-ology that we need a devil if we are going to succeed as the better answer.  Think the Pepsi/Coke challenge.  He even says Coke 1 is the answer to less calories than its companion product (though featured here as the devil) Coke.

I applaud any retailer or restaurant who can creatively tweak their nose at the category leaders. It makes for much more interesting ads and creates buzz.  It isn’t the only answer to making yourself stand out, but as the last part of brand building, we’ve  proved it builds business.

Way to go Mr. Finkelstein, you got your money’s worth from this campaign!

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