Monthly Archives: October 2011

8 Great Ways To Give Back To Your Community

There are lots of great ways to give back all year round.

Each of these represents an opportunity to generate excitement around the cause you’re supporting. Use these tips to engage your customers with the causes near and dear to the heart of your community.

Donation Jar

Donate a percentage of sales from a given weekend. As with many things in life, the simplest solution can be one of the most effective. It may seem old-fashioned or out of date, but it’s time-tested and it delivers results. Have a donation jar on the counter as a quiet reminder of the cause.

Make Donating Easy

At Myriad Games, we added a non-inventory item in MerchantOS for each of our charities (Extra Life, Toys for Tots, Games for Troops, Child’s Play, Games in Education, and Community Support) so that folks can add any amount of donation to their purchase anytime. They can pay with any of our usual payment methods and we donate the full amount to the charity (we pay the payment processing fees as part of our support for these great causes).

Host Special Events

We hosted a 24-hour game marathon for Extra Life (www.Extra-Life.org) that raises funds for Children’s Miracle Network hospitals in your local area. This year, the combined Extra Life community raised over 1.1 MILLION DOLLARS! We didn’t just put up a placard and say “Hey, come play games and give some money to kids.” We made it a big event. We promoted it months in advance. We brought in special guests from around the country. We brought in breakfast for folks who made it through the long night. We helped people share their excitement and get others involved.

Demonstrate Your Dedication

Show people that you’re not just asking them to give money. You’re supporting the cause as well. We donate a percentage of the sales from all our special events to charity, in addition to what’s donated by the participants in the event. We match donation purchases to Toys for Tots each year (if you purchase a $25 game, we donate another $25 of games). Do whatever you can to demonstrate your dedication to the cause and show people that you’re stepping up with support on top of their donations.

Don’t Be Afraid To Market

Apply all the same principles of marketing and promotion that you use for your business to generating interest and revenue for charities that support your community. Create campaigns for each special event, use promotional tools and assets provided by the charity, and find a solid message that you can share to inspire people to get involved. For Extra Life, for instance, their slogan is “Play Games – Heal Kids”. That gets great results because it’s a message everyone can get behind. Highlight and share personal stories from your local community members to demonstrate how this cause affects them.

Focus For Best Results

Focus on one charity, one cause, one event at a time. We rotate the focus of our community cause throughout the year. Around the holidays, when everyone is in gift-giving mode, we focus on Toys for Tots. Around back-to-school time, we focus on Games In Education. Keep the focus fresh.

Tell People You’re Donating

If you don’t tell people that you’re donating to great causes, they’re much less likely to join you in supporting those causes. So be loud and proud about donating your time, money, and energy to causes you believe in. This includes telling suppliers, business associates, your local congregations, contacts in the local media, and anyone else who’s within earshot. Make sure you’re heaping adulation on how awesome your community is, rather than bragging about your own contributions.

Say Thank You

Never forget to say thank you. Then say it again, and again. Recognize how awesome it is for people to give of themselves to help others and then congratulate them for being so awesome. This goes doubly for your staff and key volunteers who put in extra effort to make these causes a priority.

So, take these tips and run with them. Start small. Pick something you love, and champion it. Engage and involve your customers and your entire community. You’ll be better for it, your business will benefit from the excitement and association, and you’ll be making a difference in your community. It’s win, win, win, all around!

 

 

Holiday Marketing Bootcamp – Part 2

In this edition of Holiday Marketing Bootcamp, we’ll take a look at a simple, effective idea to create something special for the Holiday Season.

Last week we looked at an idea that was focused on connecting with people beyond your doors. Reaching them at home, on the road, online, etc.

This week’s post is all about giving your customers, who’ve already made their purchase, something special; something to talk about.

Many retail businesses during the Holidays offer various promotional deals. From donating to a local non-profit, to high-end gift-boxes. Everyone is looking for ways to make shopping more convenient, and to put their store at the front of shoppers minds as the destination for all of our gift needs.

In a future post, we will look at what products we can stock that will help with the holiday shopping influx, but today I want to tell you OUR holiday marketing success story.

Take it to the next level.

Several years ago, when we were just starting out, we brainstormed different gift-wrapping ideas, and realized that the options out there seemed either too expensive or too time consuming for us. We were a new store, we didn’t know our customers that well yet, and we wanted to try something different.

Rather than just do the same old thing everyone else was doing, we did some research and discovered that buying a couple hundred cotton bags in a holiday color and adding a custom-design, printed by a local print shop, would not necessarily be cheaper, but we figured it would turn heads and start a conversation. It would create a longer lasting product, enforce our brand image, and identify us in the community as trend-setters (note: this was a couple of years before just about everybody started giving away reusable bags).

We picked a medium size bag – not too big, not too small. It didn’t fit every purchase, but worked well for most. We used it as our version of gift wrapping, our thank you to customers. We also sold the bags for people who wanted more than one. We made sure we ran out before the Holidays – we didn’t want leftovers next year. This was supposed to be a one-time deal, after all.

This marketing idea started many conversations around sustainable products and the environment, and helped to raise the profile of our store significantly. I still see people walking around with those bags, using them to carry their lunches, while grocery shopping, etc.

We repeated the idea the next year, but we didn’t even come close to getting the same reaction from our customers. Some marketing ideas are like flash mobs, they work well, and then dissipate.

Now, taking this same idea and running with it in 2012 may not have the same impact. Many households today are inundated with reusable bags. Really, the point is that if you think a bit outside the norm and come up with a fresh idea, it can lead to great results.

Seth Godin wrote a book about this called Purple Cow. The concept of using head-turning ideas to attract customers.

A Challenge to You

What could be the head-turning idea for your shop this holiday season?

What could be a simple, inexpensive marketing promotion that will come as a surprise to your customers? A delight they didnt expect. It should be an add-on to the product you’re selling. It shouldn’t take away from your core products, but enhance the customer’s experience and make people feel closer to your brand.

Seven Tips For A Smooth Holiday Season

The holidays don’t have to be hard.

In my community, we just had our big annual Fall Arts Walk. It’s a great event, we have a street market, shops all over downtown stay open late and feature local talent. A very fun event for everyone. For retailers as well, stores get more exposure, and hopefully some good sales come from this night. However, it is a lot of work to get ready for an event like this; making space for the artist, cleaning, special displays, etc. This got me thinking about the upcoming holiday season. Every retailer knows how stressful this time of year is, and many communities have holiday events on top of all the madness. So here are seven things that you can do ahead of time to make your holidays go a bit more smoothly, and (I hope) a lot less stressfully.

Seven points to remember when getting ready for the holidays, or any big event, in no specific order:

1. Clean your store inside and out.

Seems obvious, but cleaning is an easy one to forget when getting ready for the holidays. It does make a difference, even if your customers don’t see it, they feel it. You’ll feel it too. You will be much more relaxed knowing that those dead bugs in the windowsill are finally gone. In my case it was making time to clean the carpet. I put it off and put it off, yet was very embarrassed by it. The aphids in the trees in front of the store released this horrible sticky stuff and people would track it into the store. It looked terrible. Finally, I made time to clean it before the busy holidays kicked in. I felt such a weight lifted, knowing that I didn’t have to worry about what my customers might “think”.

2. Promote the holidays.

No, that doesn’t mean decorating for Christmas in September. It just means to find your way of making this time of year feel special. Does your community do anything, perhaps they have a holiday parade or something? Take advantage of reminding your customers about those fun holiday events. They will be more likely to participate, and more importantly, will be more likely to come back and shop.

3. Consider rearranging the store to accommodate crowds of people.

It may not always be possible, but if it is, it is well worth your time. You can create a flow for all the foot traffic, and people won’t feel confused and won’t get in the way of each other. It’s especially important to make a clear path to your cash wrap. It can provide a much more relaxed environment, and in turn a positive remembrance of your shop.

4. Have a special sale, or just feature certain products.

At my old shop we would often offer a discount on a certain product, books one time, dinner ware the next, and I can honestly say that we would have excellent sales on those nights. Very effective in my experience.

5. Organize your stock.

This one coincides with the first point, but it a good one to have done before the busy days arrive. When holiday product starts coming in immediately organize it and make it easy to access. This will save so much time and headache if you know how much of something you have, and exactly where it is. This is one of my retail nightmares that I have experienced a few too many times. I think if you do nothing else to prepare for a busy time, this should be the one you don’t neglect.

6. Serve refreshments.

This is one of those things that can work for some and not for others. It depends what type of event, how big, etc. I have had good experience with this. We would often serve tea, and sometimes other treats. It again creates a warming atmosphere and people will usually linger in your store a bit longer while finishing their treat, which is always a good thing. I remember customers having no intention of spending any money but because they had a cup of tea in their hands, they wandered around a bit longer, and inevitably found something to buy. You could also just have a bowl of small candy canes out during the holidays. Or maybe a treat that has a little story attached to it. Those small touches really do make a BIG difference.

7. Last but most definitely not least: window displays and decorations.

My favorite part. This is the most important thing to plan for. Even if you have a tradition of using the same decorations every year, some things may need to be freshened up or even updated. The lights you’ve used for the past three years may not work anymore. For me, seeing shop windows is one of the most exciting parts of the holidays. I know I am not the only one who looks forward to it. This is the best way to get people into your doors. I have experienced on several occasions people coming into my shop just because of the window display. That is what you should be going for. Plan something that makes people stop in their tracks, and then walk into your shop because it looks so amazing.

O.K. – I hope this helps, if nothing else it’s a reminder to help you get started on making this holiday season a great one, and as stress free as possible.

Holiday Marketing Bootcamp – Part 1

Ho, Ho, Ho… Ready to kick off the Holidays? You will be.

It’s almost here, friends! Put some tinsel in your hair, because I’m ready to celebrate with all of you happy retailers this merry season.

Alright, just like everyone else, we’re moving the beginning of the “Holidays” earlier into the year, so, the upcoming posts – each Friday for the next few weeks- are meant to help prep you for this season, so we kind of have to start early.

Welcome to: Holiday Marketing Bootcamp Part 1


In today’s post, I want to share a promotion we worked with over the last two holiday seasons at Einmaleins.

The idea is pretty straight forward:

Celebrate gift-giving by creating a countdown, you can use the 12 days of Christmas or the Advent Calendar – which is a German tradition of opening a little door each day in December leading up to Christmas.

Promoting your product through the big, tempting, ‘percent off discount sign’ is evil work. You will lose that battle to Amazon and Walmart. So, you gotta find a way to promote your product, and what if times are a bit tight, and the product you have to sell is not the latest iPhone? You gotta find a way of making regular, amazing, but everyday items shine.

Now, this promotional idea can manifest itself a thousand different ways in your store. One year we painted big white window frames, 24 in all, for each day before Christmas, onto the windows (but I should let Trixy tell you more about that).

You could also create a special display, rotating each day to the new product you want to highlight.

I wanted to create something that would bring people into the store, because I found that once they were in the door during the Holidays, making the sale was simple. For the last couple of years we created a specific website for the event and promoted a unique product every day during the Holidays. We registered Holidayadventcalendar.com and produced short videos for a blog announcing the product and offered an online shop for direct purchase. Now, the online shop didn’t take off for us, but people did watch the videos on Youtube and emailed us with questions about the product. This not just sold our product, but also raised overall awareness of our store.

This idea has many facets and is easily adapted for any retail store.

You might already have a blog or an email newsletter, which you could use for that purpose. You could start with a weekly featured product (daily can be stressful) during the Holidays. I highly recommend pre-recording the videos, so you have a few on the bench and can easily post them, perhaps even preschedule them to keep the flow steady. Or, skip the time-consuming video production and just take a photo of a product with your iPhone each day and post it to Facebook, with a sale price. How this can be adapted for Foursquare I will take about in a later post.

Bonus:

Since we did online videos, we added a few LIVE shows during the Holidays. We used Ustream.tv or Vockle.com and announced the live event on Twitter and Facebook. Those live events were, early on in the season, a huge hit with people drinking their coffee on a Saturday morning and asking us questions on what to give to Uncle Jim and Aunt ‘what’s-her-name’. We had fun running around the store, picking up products, and holding it up to the webcam. We were able to put product on hold right there for customers and they came in later that week to complete the purchase.

The Power Of Context

Marketing is as simple as telling your story.

When Einmaleins opened, one of the products we carried were reusable metal SIGG water bottles. They sold like hot-cakes. We really lucked out, and caught a trend without even trying. Everyone at the time were talking about the dangers of plastic water bottles and BPA. This new “eco-trend” was just beginning to take hold on the West Coast. The media had jumped all over it. Sigg bottles were on Oprah, The Today Show; everyone was talking it, and we were the only place in our town selling them. Home run! They were selling like gangbusters. That one product kept us alive for the first year, almost entirely on its own.

Luck? Sure, to an extent. Those moments are hard to replicate, especially if you have to rely on Oprah to promote your product.

As time progresses, the Oprahs of the world lose some of their power. Not every person is glued to the TV, or watching the same shows. People’s attention is pushed in various directions and we receive information from many sources, and increasingly the most powerful recommendations are from people we trust. Not Oprah, but our friends.

Nowadays, if you see that a friend is listening to a band on Facebook, you check them out too. You ask on Twitter for restaurant recommendations or to find out who is the best plumber in town. This social recommendation even beats Google searches. If your friends answer, they provide context. Context no other source can ever bring you. Based on years of friendship, shared times together, and trust.

Context: the difference between a successful product and a Ladenhüter*

*German for shelf warmer or slow seller

If you miss out on trends, and fail to create context for your product, it will fail to sell. Of course, some are obvious and you can plug right in and ride the wave. Santas will only sell during the Holidays. Fly-fishing equipment will sell better in close proximity to place where you can actually catch fish.

So, how will you create context and not just content for your product?

Promoting your product, writing press releases and creating your own marketing is the first step in getting the product out the door. But it’s context that sells it.

As Facebook becomes the mainstream marketing outlet for many small businesses without a real advertising budget, this poses an interesting challenge.

I am “following” and “liking” almost every business in my region and I am seeing lots of business owners, or their kids, or whoever is in charge of updating their feeds, struggle to come up with great content to post, and most fail to create context.

Context starts by engaging with your community.

Vendor in chinatown in Vancouver, Canada

Find out what your community cares about and care about it too. You are part of the community, and there are events happening in your neighborhood. Let your customers know about them. Causes are easy one to align yourself with. Politics can be complicated, but if there’s a local planning decision that affects your neighborhood, it can be a great way to show you care.

It can also be as simple as posting about weather changes and reminding people to prepare.

How can we utilize this powerful marketing tool without corrupting friendships?

Many business owner are afraid to talk about anything else then their product. Yes, this can be a tricky road to walk on. How involved do you get, what do you want to be known for? You have to always be authentic, gauge and measure time and investment. Be yourself and remember that behind every social connection is a real person.

There is no such thing as too much tweeting or updating Facebook about a product you are super-excited about. It’s important to know when to turn it off, however, going to Thanksgiving dinner and selling your service to your aunt might not get you the turkey. Use discretion.

Marketing is most of all story-telling.

No matter where you opened your business – whatever neighborhood, city, or town; you are part of a story. You’re connected to your community, and you rely on it. In a time when competition doesn’t just comes from the mall, but from all over the world via the internet, connecting to the community immediately around you is the most powerful way to create context for your brand. Your business is leaving a mark on your community whether you like it or not. This is a good thing, if you harness it.

Be proud of it, and use it to promote your community AND your business.

How to Attract Customers Through Social Media

By Dan Rafter

Dan Rafter is a freelance writer and editor with 15 years of journalism experience. Dan blogs via Contently.com.

I’ve written for the real estate industry — both commercial and residential — for more than 15 years. So I wasn’t surprised when I read in this Economic Times story that real estate developers in India are now turning more frequently to social media to attract new customers.

Real estate agents have long recognized how important it is to use every tool available to them to close a deal. And this attitude has become even more prevalent now that the real estate market has crashed.

There’s a lesson here for all small business owners and entrepreneurs: You can’t ignore social media if you want to thrive. Real estate agents will tell you that deals, and customers, are hard to come by today. Tools such as YouTube, Twitter, Facebook and Google+ are indispensable marketing tools.

But there are certain tips that business owners should follow if they want to use these social media tools to bring in new customers. Like all tools, Twitter, Facebook and the rest can turn into time-wasters if entrepreneurs don’t use them properly.

Use social media to build anticipation:

The FDL Reporter newspaper recently reported on the way in which a local restaurant was using Facebook to promote its business. The restaurant’s owner continually posted photos to the site showing the progress that construction crews were making on the restaurant’s renovation.

This accomplished several things: First, it showed curious potential customers that work actually was taking place inside the restaurant. Second, it advertised the changes coming to the eatery. But most important, it built anticipation throughout the community that a local restaurant was offering something new.

Social media sites, like Twitter, YouTube and Facebook, provide business owners with the chance to broadcast changes — a new menu, the addition of a new product line, the hiring of a skilled new employee — to a targeted audience of friends, family members and existing clients. There’s no better tool to quickly generate anticipation and interest.

Encourage customer participation:

The Wall Street Journal recently reported that MGM Resorts International — provider of casinos across the globe — will soon unveil its own social media game designed to bring new customers to the casino. Resort officials hope the new game will attract the attention of the many gamers addicted to such games as FarmVille.

What the new game will do, if successful, is further encourage customers and potential customers to engage with the MGM brand. And boosting engagement is something that all business owners should encourage with their social media efforts.

For instance, the owners of a bakery shop could set up an online contest to name the business’ newest type of cupcake. The local hardware store can run an online trivia contest testing potential customers on their knowledge of hardware and do-it-yourself strategies.

Anything that businesses can do to give consumers a reason to visit their websites ranks as a worthwhile endeavor.

Word-of-mouth still king:

There is one form of advertising that holds more sway than any other: positive word-of-mouth. Consumers are more likely to believe their neighbors when they tell them that the new auto-repair shop provides great service. They might not believe the same statement when it comes in the form of a paid advertisement.

That’s why small business owners should encourage existing customers to post feedback on their Facebook or Twitter pages. If one local salon’s Facebook page is filled with rave reviews from clients and another’s is not, it’s not too difficult to predict where new customers will be more inclined to go for their manicures or haircuts.

A Daily Deal In The Wild

How LivingSocial Burned our Burgers

Last week I had the opportunity to catch up with the owner of a popular local burger joint who recently ran a LivingSocial promotion. I interviewed him in order to get some insight into how the deal worked out for his business.

Although I’ve made my feelings pretty clear on what I think about marketing tools like Groupon and LivingSocial in recent posts, I wanted to keep an open mind and get the perspective of a local business that tried it out.

First off: Yes, LivingSocial sold a ton of the coupons for the local restaurant, and yes, lots of people came in and used them.

But, there are a lot of buts.

In the lead up to running the deal, LivingSocial’s editor was supposed to present the art and copy of the promotion that was going to run. The copy ended up being inaccurate, and the pictures were just basic stock photography. So bad in fact that the owner ended up taking it upon himself to shoot photos and write copy. One of the big draws of these daily deal services is that you don’t have to do all the work yourself, LivingSocial clearly failed on this point.

Another important thing to remember is that because LivingSocial and Groupon are trying to make money with their services, they will try more and more to automate things, meaning some of their biggest selling points, like custom curated art and copy, will fall off the table.

The other big selling factor was the low number of deals that would actually be redeemed by the people who bought the coupons. This is kind of a strange aspect of the sales strategy of these companies: the acknowledgement that the coupons are purchased but not all redeemed. This can work in your favor, of course, as you receive the money and hopefully don’t have to hand over the goods.

The burger stand ended up passing the number that LivingSocial claimed would be redeemed over the course of the entire promotion, in just a couple of weeks. He also noticed that, for some reason, LivingSocial actively sent emails out reminding people that they should redeem their coupons.

That wasn’t the only number that surprised the restaurant owner (and supposedly the LivingSocial representative, who as soon as the deal was over, wasn’t available in person anymore, but only via email). The number of coupons purchased also far exceeded the number LivingSocial estimated. Another aspect to remember when considering running a daily deal.

The check from LivingSocial barely made it in time, and only after my burger slinger had to contact them twice asking about it. This was a really important point for him, as he explained it, the entire deal was one huge accounting nightmare for him and will have consequences on their books for months to come.

Now the toughest part. The customer interactions.

The stories of folks who purchase the coupons time and time again seem to all fit, unfortunately, into the same mold: Customers that are overly picky, barely ordered over the coupon total, and are really just there to bargain hunt. They get the deal and are never to be seen again. The kind of people who complain that the place is too expensive, even with the coupon.

LivingSocial offers customer feedback options, and the merchant has access to the reviews, but he has no way to respond to any of the comments left. Luckily those comments are currently only available in the backend and are not seen on the main website.

Although my restaurant owner said that LivingSocial was an interesting marketing stunt and he didn’t completely hate it, he did say that he certainly wouldn’t do it again because it turned into a logistical nightmare that was too costly and had no apparent benefit other than driving people to his stand one time, AND at below cost.

My feeling is that LivingSocial is completely misjudging how much local business owners care about our customers. Sure, it sounds exciting to get access to a marketing opportunity that doesn’t cost anything upfront and is currently being talked about all over the media, but this sexiness comes at a high price. And the longterm benefits seem to be none-existant.

Inventory Essentials

Check Your Inventory Reorder Points

Earlier this year, I wrote about inventory turns. Today I want to write about discovering what items you need to have on your shelves. As our business has grown, it has become a herculean task to manage our catalog.

It’s often the case that we need to special order parts for a service ticket. While this is fine for the odd repair with old parts, we might be more efficient if we had those parts on hand. MerchantOS’s inventory control feature allows you to set desired inventory levels and automatic reorder points. Based on your inventory on hand, you can add all those items below their reorder threshold to a purchase order.

The Trouble Is

How can you tell if an item that is not set to automatically reorder is being regularly purchased? You can and should go about it the hard way: having you and your employees notice what items you are having to order frequently. There is also an easier way.

In this post, I’ll walk you through getting a list of items whose “desired inventory level” is 0, yet you’ve sold the items in the past year. With this list, it’s then up to you to decide if you want to carry that item.

It’s Spreadsheet Time

For my example, I used Apple’s Numbers software, but any spreadsheet application would do the same job.

Go to inventory tab. Click on Quick Edit Items button.

For Edit 1: Description. For Edit 2: Department (or category if you use categories). For Edit 3: Desired Inv. Level. Edit 4: Reorder Point. Edit 5: Price. Click search.

Click on the export button (the excel icon at the bottom of the page).

Open the file in a spreadsheet application. To clean things up, delete columns 2-5 (UPC, EAN, Custom SKU, and Manufacturer SKU).

Under the Reports tab, go to Grouped Sales Totals. Click on the “Item” report.

At this point, select the time frame that you are interested in. Do you want to  only look at items that sold in the past two years? 6 months? 1 month? This is up to you. Once you’ve made your choice, click search, then click on the excel icon at the bottom of the page.

Open this file in the same spreadsheet application. Select all the data in this file and copy to a new sheet in the file you opened in the step above. You want all the data you exported in one file but on two separate sheets.

On the Usefulness of VLOOKUP

Now that you have everything in one place, you can begin comparing. Add a new column to the sheet with your catalog. In this new column, you need a formula to make your comparisons. Here’s the one I used:

=IF(AND(E2=0, B2=0,G2>9.99),VLOOKUP(A2,System ID:Margin,4,FALSE),”Do Not Change”)

Let me break this down for you. The IF function has 3 arguments: the criteria, what to do if the criteria return true, and what to do if the criteria return false.  In my case, I used the AND function to look for items where the desired inventory level was 0, where the current stock was 0, and the price was greater than 9.99.

If the formula was true, I used the VLOOKUP function to return the “Number Sold” from the sales data. The VLOOKUP function has 4 arguments: what to look for, where to look, what to return, and whether or not to look for an exact match. I had the formula look for the “System ID” field. I had it look for a matching “System ID” in the sales data. VLOOKUP always searches in the leftmost column of the area you define to lookup. Then I had it return column 4 from the sales data; in the case, “Number Sold.” Finally, you’ll definitely want use an exact match, as the system IDs are similar. As the final argument of the IF function, I put “Do Not Change” indicating I should this leave this item alone.

Once you have your formula criteria set the way you want them, copy and fill your formula to the bottom of the sheet. Sort the “Number Sold” column, and there you have a list of items you may need to consider modifying the “Desired Inventory Level.” If you have a lot of items, you may need to filter further to refine your list.

Your Next Step

Manually go through the list and consider items worth keeping in stock. In my case, many of the items on my list are SKUs that we have discontinued or items that we wouldn’t want to automatically reorder. Still, the list did reveal a number of SKUs that we need to adjust and have in stock.

This list is not the end, however! This method does not reveal anything of what you don’t have in stock that customers are looking for and may purchase if you had it. For that, it may be worthwhile to keep a clipboard around to jot down notes each time a customer asks for something that you don’t currently carry.  It may be the case that you would never stock such a thing ($10,000 wheelsets will probably not reach our sales floor), but it may be worthwhile on occasion. For example, we get 3 to 5 customers per year looking for wheelbarrow tubes; it might be worthwhile to keep one on hand if one of my regular vendors carried it.

Try out the spreadsheet trick, and let me know in the comments if you have any questions about getting it to work. I’d also love to hear your ideas for making sure that you have the items that will consistently sell in your store!

Small Business Lessons from Steve Jobs

Steve Jobs, age 56, lost his fight with cancer earlier this week. As the tech and business worlds takes time to grieve, and hold a moment of silence, it is becoming clear how big of an influence he was on so many areas of our lives.

I wrote my personal story and observation on my blog. A few weeks ago, shortly after Steve Jobs stepped down as CEO of Apple, Brandon Rosage and I recorded a podcast in which we share some of our personal memories of Apple and how the company, and Jobs’ philosophies about life, shaped our own.

Jobs started out not unlike you and I and so many others: small, but he took his dream of building computers and turned it into the most valuable company on the planet. Apple may be huge now, but there are still many lessons, as small businesses, we can learn from.

Without further ado, the seven lessons from Steve Jobs

1. Stay true to your passion; have a clear mission.

Business and entrepreneurism is about more than just the almighty dollar. Create a soul, a feeling, an emotional connection for your business. This can manifest itself in a tagline : Just Do It, Be All You Can Be, Think Different, or it can be something private you don’t share with your customers.

2. Love your product; inspire your employees to love your product.

You can tell that Steve Jobs actually used Apple’s most successful products. The products he didn’t care as much about didn’t make it very far and were neglected. Ping and AppleTV come to mind.
When working at Starbucks, I was always surprised that the company hired people who didn’t like coffee. Don’t let that happen to your business. The people you bring onto your team need to have the same passion about your product as you have. Apple employees in their retail stores are passionate and excited about the product. They love showing off their software and hardware, answering questions and helping you navigate your purchasing decision. They make you feel special when shopping for their products. The same exact way Steve Jobs created special moments during product announcements. His attitude and love trickled down through the company.

3. Demand excellence.

Steve was known to be a tough boss. He had high demands on his employees, even his VP’s. He also backed that up by demanding the same from himself. Tirelessly working for the company, only he could ask for such a level of allegiance, and only a founder/CEO can make this demand in a way that people will follow.

4. Don’t be afraid to change the roadmap.

Apple first built computers, later they dropped the “Computers” from their business name and now are just Apple Inc. Most of their revenue now comes from post-PC devices. Steve, known for many bold statements, was never shy about changing his mind and coming back to announce a product he initially said would never be built.
Here in my town, I recently talked to a long-term retailer who, I found out to my surprise, had changed her product assortment and direction several times over the years, letting the business grow with the customers. This change can keep things fresh for your employees and yourself. Selling the same thing for years can get boring after awhile.

5. Crush your competition.

From the outside, Silicon Valley often feels like a big family, and Steve of course played a huge part by being one of the “founding fathers” down there. But he always separated himself from the competition. He was never afraid of poking fun at others, and in the process clearly spelling out why Apple products are superior. He even wrote letters on why technologies, or even entire industries are doomed to fail.

6. Go all the way.

His computers were his pride and joy, but every aspect of his business reflected his perspective on design, and his worldview. The stores always looked impeccable, the marketing campaigns were always remarkable.

7. Theres a bigger picture in life.

As I wrote on my blog:

“Now, more then ever, his words, that he always hid so clever and humbly behind his big actions, shine through, can stand on their own, and require attention.”

Steve was all business, all Apple. He lived and breathed for his company. Yet, at the same time, whenever you saw him, there was a way about his words and his actions where it was clear that there is more in life than work. Apple wasn’t just his job, and it wasn’t just his baby either. He had a life, he had values, and he cared.

Rest in peace, Steve.

Marketing 101 – Start a Blog for Your Business

Bringing your website to life is easier than you think.

 

The reason why

If you are in business already or just starting out, you probably already recognize the importance of marketing. What does ‘marketing’ really mean, though? To me, marketing is simply the act of paying for customers.

If you’ve been at the retail game long enough (like 2 minutes), you likely have a few lumps from banging your head against the wall while brainstorming how to spend your precious advertising dollars to get customers through your door. Radio, TV, newspaper, phone books, direct mail, internet… Who knows?

Before you stress-out too hard, pick the low hanging fruit and start writing a blog. Blogging is an incredibly cheap, and highly effective form of marketing.

Writing is hard, don’t get me wrong I’m struggling big time even as I write this. However, if you have a plan of attack, writing becomes much less daunting. Once you get in your groove, you’ll see huge rewards as you develop long lasting relationships with new and existing customers. With an effective blog strategy, you can get a leg up in the battle with internet retailers, drive sales in specific areas, and keep your customers loyal to you. Did I mention it’s cheap?!

Another big reason to write a blog is that you can control your message without worrying about platforms like Facebook and Twitter changing how you can reach your base, with little notice. Read ‘Don’t Get Married to One Platform’for a bit more on this subject.

What the finished product looks like

An effective and highly functional blog does not need to be complicated or fancy. Especially when getting started, don’t get bogged down in all the finer details of blogging. Once you get into a groove, you can then start to refine your writing style, focus, and visual presentation. For the time being, just get content cranking.

Most importantly, blog with purpose.

It’s can be easy to just slap up non-original blog content, and I’ll be the first to tell you that our blog at Fitzgerald’s Bicycles, loses focuses often. So this is a bit of do as I say not as I do… Oh well, deal with it. What I’m trying to get at is, the simple act of being mindful about what you want to blog about is important, even if you don’t accomplish that goal initially. In my businesses, we are trying to shift from a Just-Throw-Up-Content-No-Matter-What style to a laser focused methodology that ties in with every other piece of marketing and brand projection we do. We’re not quite there yet. We still post funny YouTube bike videos, event posters with no story behind them, and pics of cool new cycling products without our own original commentary. To the Jedi Master bloggers, this is an unfocused approach, and I agree. However, we hear from our customers all the time “I love your website”,and what I really hear when they say that is “I love your marketing efforts”. How many times do you hear those words from a customer?!

Through our blog we are connecting with our customers and reinforcing their decision to spend their limited dollars with us.

It is commonly accepted in the social media marketing worlds that blogs are best suited for story-telling. Instead of the quick-blast of info or thoughts that Twitter and Facebook provide, blogging allows the reader to learn something new from a more personal perspective.

There are plenty of articles out there on this stuff, here are a couple favorites:

Stock and Flow by Robin Sloan
Writing Blog Content – Make it Scannable by Darren Rowse

How it really works in reality

Go out and get yourself a blog platform. The simplest route is setting up a Blogger account. In literally 5 minutes you could have a blog up and running with a link from your website. This is the bare bones option and I would recommend having your web guru set you up with the more comprehensive and customizable WordPress (you’re reading a wordpress blog right now). If your web guy isn’t familiar with WordPress… get a new web guy.

You’ll notice I said assign and compensate for the work. This is a serious undertaking and should not be considered an afterthought. If you go into it thinking “when I have a chance I will…” you won’t treat it like a serious marketing effort. Find employees, friends, or customers who have the capability to write blog posts and offer them real compensation. We have one employee dedicated to maintaining the website (including the blog) as well as “guest bloggers”. We have a compensation structure depending on how many words and photos they include. Customers and friends of the shop are rewarded with store credit.

First step to get you going

Write a story about the last cool thing you did that relates to your business. That will get you in the mindset. Then follow the step by steps above and get ‘er done!