I recently had an interesting discussion with the owner
of a floral shop. She changed location during the past
year and lost a number of her retail customers. Her
business provides excellent customer service and has
slightly increased the number of business customers.
She needs to get people to try her floral services.
The problem? Like many businesses,
this one is cash crunched. She needs to get attention
and customers without spending money unless that money
is going to produce results.
Take Advantage of Your Location
I asked her where her business resides? What other
businesses are located close to her floral shop? Her
closest neighbors included a dry cleaner, an insurance
broker and a bakery. Excellent! Both the bakery and
dry cleaner have lots of walk in traffic, customers
who might become hers if she can get them to buy from
her. She is also located across the street from a
large university. In choosing her new location, she
had done very well.
The university adds the opportunity to have flyers
placed where students and staff can see them. Universities
are often filled with bulletin boards and kiosks for
posting flyers, so she can start raising awareness
and drive traffic to her business by posting them.
In any case, it’s important to find out what
official policies are before posting flyers on campus
or in a downtown area. She may have to submit them
for approval before they can be put up. Good places
to post include common areas like student centers
and dorms and apartments.
Who are your customers?
I asked for further information about her customers
and was surprised to find out that they were 80% men
between the ages of 18 and 75. I would have expected
more women in the mix. She enjoys excellent relations
with her business neighbors which led me to suggest
a low cost form of promotion for her.
Take Advantage of All Holidays
I suggested a special holiday season promotion with
a price point of between $5 and $7.50. After considering
her costs, she was able to specify an attractive small
arrangement that would allow her to break-even or
make a slight profit. For the purposes of this promotion,
we’re looking at simply building her traffic,
getting people into the shop and getting them to make
a small purchase. That will result in building confidence
and will bring them back for future purchases.
Working With Your Neighbor Businesses
She’s going to make up flyers and posters offering
this special and ask her neighbors to give them to
their customers. The flyers should boost her walk-in
traffic and sales. We discussed how best to give the
flyers to the customers. She was a bit hesitant to
ask for anything beyond placing the flyers on the
counters because she doesn’t want to add work
to her neighbors. That’s a valid point and you
never know how your neighbors will respond to a request
like this unless you ask them. If it does not add
significantly to their work load and, if you can make
it rewarding for them, you may get a lot of help.
Keep in mind that you'll want to return the favor,
and ask if you can carry one of their flyers in your
business. Help create a community and share in the
profit you can bring to each other!
I suggested that she provide each of her neighbor
stores with a cheerful and imaginative holiday arrangement
at a moderate price point as an example of her work.
Of course, it should have a tastefully done sign and
perhaps a display to hold flyers offering her special.
Signage is also important on the display holding the
flyers as well as signage outside her store and within
the store suggesting gifts and arrangements. (Tip:
clear plexiglas holders for flyers make an excellent
display because all of the flyer can be seen easily.)
Another idea might be a contest, asking each worker
at the dry cleaner’s or bakery to hand out flyers
or coupons stamped with their names in order to get
something fun, perhaps a dozen roses at Valentine’s
Day.
Looking Forward
Valentine’s Day is coming up in February, and
this business has enough lead time to use classified
advertising to its advantage. I suggested that she
develop some clever "personals" style ads
to draw attention to her business. Classified ads
can be extremely cost effective. They may not draw
an immediate reaction since most people need to see
an ad 5 - 8 times before they’ll start to recall
having seen the business mentioned. The ad should
intrigue people but must provide clear identification
of the business and its location.
A possible story line for an ad campaign like this
might be a lover’s tiff. Or it could tell a
story of developing romance, similar to the Taster’s
Choice coffee commercials that unfolded over a couple
of years on U.S. television. The goal of this campaign
is to be effective, intriguing and memorable. She
will need to start this campaign within the next couple
of weeks, because she’ll need at least 6 weeks
of classified ads in order to have an effect on her
Valentine’s Day sales.
If you have any questions on how to promote your
business on a shoestring, send them to us. If it’s
something you want to know about, chances are that
we have other readers who’d be interested as
well.
-Cindy Nemeth-Johannes