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e-ret@iler
December 2001
Sent at your request by Profits Plus Seminars & Tom Shay

What you will read in the December issue of the e-ret@iler:
1. The article of the month on the Profits Plus website
2. e-ret@iler advisory of December: More of working your website
3. Our Power Promoting Idea of the month:
4. Your free subscription to the e-ret@iler
5. Contacting Profits Plus Seminars and Tom Shay

Special #1: Celebrating an anniversary: December 2001 marks the beginning of our third year of publication. From those who have subscribed by way of participating in one of Tom Shay's presentations, to those who have subscribed by visiting the website and including those who decided they did not want to wait for someone to pass on the e- retailer, we say thanks for subscribing!

Special #2: This month we want to say thank you for allowing us the opportunity to help. When our CD book came out in September, we announced that all proceeds from the CD book would go to small retailers located near 'ground zero' in New York. As the book was completed, we sent a letter to over 50 magazine editors asking for their help in locating some deserving merchants.

And just 10 days ago, we received a call from an editor telling of a business that took a very severe hit. Everything from lost sales, to problems in getting help from their insurance company. We know that all of us together can't solve all of the problems, but we did send our first $1,000 check to be delivered to this merchant.

1. Ma Bell Works Here
Our December article on the Profits Plus website is entitled,
"Ma Bell Works Here".


You have already paid for the telephone service, why not make it pay off for you. Read our December article of the month to see how one store has used their telephone to get an overwhelming number of customers in their store.

2. December 2001 e-ret@iler advisory: More of Working Your Website

Last month, we began a series on how to make your website tie into your traditional business. This month, we have several more hints.

Integrate the online and offline businesses. Make sure people see you as one business. This thought could also apply to businesses that also have a catalog. Let me give you an example of how not to do it. The folks at Victoria's Secret have many stores, a multitude of catalogs, and a website that all sell merchandise.

Yet, we have seen numerous people walk into their stores, and before they can complete their question about an item they have seen in the catalog, the help is quickly saying, "That's the catalog department. We don't have the same merchandise as they do." What a turnoff! And what an opportunity they are missing to sell more merchandise. Imagine instead their having a small desk with a red telephone and their catalogs on it. When a customer walks into their store and asks for a catalog item, a salesperson could walk the customer to the desk, invite them to sit down, and when they pick up the receiver on the phone, they are immediately connected to someone at the catalog order desk. This would be making all of their business integrated.

Second hint: For the merchandise you have for sale on your website, ask the vendor to make an arrangement so that they can ship the merchandise directly to your customer for you. No sense in spending money twice with a shipping company as well as causing the customer to get the merchandise a week later.

Third hint: Don't have a different set of vendors for merchandise on the website from those within your store. Maximize your buying power with existing vendors to reduce your costs. You may even be able to get some vendors to provide you with some co-op dollars for promoting their name on the Internet.

We will be back in January with some more hints. If you have some ideas on how to make your Internet business tie in with your storefront business, please send them to us and we will pass them on to everyone else.

3. Our Power Promoting Idea of the month comes from Tom's book and seminar entitled, "Power Promoting."

Maximize your knowledge for 2002. Many local clubs (Rotary, Kiwanis, Optimists, etc.) are always looking for speakers for their meetings. This is a wonderful opportunity to tell the community about the products and services you sell. If you need to polish your speaking skills, join a Toastmaster's Club.

4. Your free subscription to the e-ret@iler

If you have received this edition of the e-ret@iler by way of someone passing it onto you, you can add your name to the free subscription list by clicking on the link in the upper left corner.

7. Contacting Profits Plus Seminars and Tom Shay
Thank you for inviting us onto your desktop, and taking the time to read our newsletter. We trust you have received some business building ideas from it as we look forward to seeing you again next month for our January 2002 issue.

God Bless America!

Get your Profits Plus,


Tom Shay

 

APRIL 2024
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Small Business

AdvisorieS

"What's your score"? is the name of the April Small Business Advisory. This provides an introduction to our return on investment calculator. It is a great way to understand how well the investment you have in your small business is working for you.

Small Business

News

Top Story

We believe Thursday, April 25 is an important annual celebration for small businesses. While the name of the celebration has varied over the years, the focus is for us to take kids to work with us.

 

This is important for the kids to see what it is we do. They definitely are not going to learn about it in school. Reading the April Small Business News you will see an example from community pharmacists that emphasizes it is up to us as small business owners to introduce kids to what we do.


Article of the Month

While titled, "If not price", the April Article of the Month is asking the question about the focus of your small business in attracting and keeping customers.

 

If there is not something very special about your business, then the only attraction to your businessis that of a low price.


Book of the Month

"The plan as you go business plan" is the April book of the month. The author is Tim Berry who has also created software on the same topic.

 

I do not agree with the concept of "fill in the blank" or "create the plan as you need it" because my experience has been that you do not have as strong as a connection and understanding to your business plan unless you do it yourself and you dedicate the time to create it.

BOOK US

With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.

Small Business

Advisories

"What's your score"? is the name of the April Small Business Advisory. This provides an introduction to our return on investment calculator. It is a great way to understand how well the investment you have in your small business is working for you.

Small Business

News

 

Top Story

We believe Thursday, April 25 is an important annual celebration for small businesses. While the name of the celebration has varied over the years, the focus is for us to take kids to work with us.

 

This is important for the kids to see what it is we do. They definitely are not going to learn about it in school. Reading the April Small Business News you will see an example from community pharmacists that emphasizes it is up to us as small business owners to introduce kids to what we do.


Article of the Month

While titled, "If not price", the April Article of the Month is asking the question about the focus of your small business in attracting and keeping customers.

 

If there is not something very special about your business, then the only attraction to your businessis that of a low price.


Book of the Month

"The plan as you go business plan" is the April book of the month. The author is Tim Berry who has also created software on the same topic.

 

I do not agree with the concept of "fill in the blank" or "create the plan as you need it" because my experience has been that you do not have as strong as a connection and understanding to your business plan unless you do it yourself and you dedicate the time to create it.