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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.

 

  e-ret@iler newsletter
August 2007
Volume 8 Issue 9 Profits_Plus Solutions
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Article of the Month

Front Runner
by
Tom Shay

The August 2007 article talks about making your business different because you are on the cutting edge with the products and services you offer. How are you doing with being a front runner? Click on Article of the Month to view and read this article.

Book of the Month

Butterfly Customer
by Susan M. O'Dell and Joan A. Pajunen

Catching a butterfly can be quite a task. Even though they appear to be moving slowly and gracefully, just try to reach out for one. Customers can be a lot like they; very elusive. So, how can you get that customer to "land" on your business? Take a look at this month's suggested reading.

We have more books to suggest for your reading. Click on Book Referral to visit this page on our site.

 

 

Contact Us


Profits Plus
P.O. Box 128
Dardanelle, AR
72834 USA
(727) 823-7205 Voice
(727) 898-3179 Fax


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Business Advisory

Is it a piece of glass or is it a mirror?

Interesting thing you can do with a piece of glass; with most glass you can see through it to see what is on the other side. Then, you can put a coating on it and change it so that you are looking at yourself. I think this is what a lot of businesses do - they have that coating and what they see is themselves. They don't do what is necessary to see the customer.

I thought of this yesterday as I was running a couple of errands and after each stop found my car harder and harder to start. I immediately take it to the garage and in a few minutes they announce that the battery should be replaced. They give the appropriate credit as the dying battery is still under warranty and proceed to install a new battery.

You would think they would be seen as doing a great job, and I am sure that many people would. But what I experienced was how they missed the opportunity to be outstanding. So outstanding that I would want to tell everyone about how great they are. (Remember one of our previous discussions about creating 'sneezers'?)

Getting back in the car, I remember that when you take out a battery, all of the memory in your electronics is gone. So you have to reset the clock, radio settings and all of those other details. Locating the instruction manual, reading through it, remembering all of your preferences and performing all of those tasks take time.

However, imagine the repair shop that used an additional battery to keep your car connected to a power supply while they changed out your battery. Then imagine the mechanic placing a note on your dash explaining that he or she was concerned about your losing your settings. The note explains what they did and how your settings are not disturbed. The note even states that if you have any questions you can call the mechanic with a name and phone number at the bottom of the note.

What if your repair shop did that? Wouldn't you tell lots of people about how great they are? You see, it is fairly easy to look at that mirror, but the great businesses know how to scrape off the film from the back side and see through the glass to see the most important thing - their customer. What do you see?

Internet Tip of The Month
A.M.P. Calculator

Advertising is a unique proposition. Many businesses spend as much on advertising as they produce in net profit. Yet for many businesses they don't take the time to develop a plan. How odd! Work all year to produce profit, but spend the same amount with little thought or no plan.

The AMP calculator is a tool we have created that solves the problem. AMP stands for advertising, marketing and promotion. It will help you to plan for an entire year and make decisions wisely. Of the 30 plus calculators we have on the website, I think this is one of the best. Not only does it help you plan, it stores all of your data on our system so that when you want to work on your plan again, all of the information is right there at hand.

AMP Calculator

 

Enlarging your print advertising

Think about your print advertising. Some customers will go to the extreme of cutting out the advertisement and carrying with them so they do not forget to come into your business. These people will definitely be there to look at your business.

Then there are those that make a note to themselves, or perhaps just a mental note that the next time they are in the area, they would stop by. With this group, we are hoping to move them to become among those that are definitely coming.

We found that by taking our newspaper advertisement and having the local print shop enlarge it, we could place the enlargements on the doors and windows of our business as a reminder to those passing by that this is a place they want to stop.

This small investment paid great dividends in our business. And if you find a really sharp print shop, you can arrange to have them do it consistently for you. They should be able to watch the paper, make the enlargements and deliver them to you.

Where's Tom?

Summer will soon be wrapping up, and the busy season of fall tradeshows and conferences is beginning. Here is Tom's current schedule for the next two months:

August 9 Houston, TX
August 12 Atlanta, GA
August 22 Chicago, IL
August 24 San Antonio, TX
September 4-6 St. Louis, MO
September 8 Yakima, WA
September 12 Sacramento, CA
September 13 Seattle, WA
September 16 Indianapolis, IN
September 18 Springfield, MA
September 19 Chicago, IL
September 20 Philadelphia, PA
September 22 Orlando, FL
September 28 Las Vegas, NV
September 29 Newark, NJ

 

 

 

 

 

DECEMBER 2024
Have the Small Business Advisories and News sent to your inbox. Subscribe HERE

Small Business

AdvisorieS

Whose job is this, anyway? Have you heard that before? The December Small Business Advisory offers ideas from those who have found solutions.

Small Business

NewS

Top Story

Past our announcement that the December newsletter starts our 26th year, we are discussing what is and what is not a problem.

 

Starting with, all these announced closings of retail operations is not a problem indicative of retail. It is an indicator of chain stores trying to correct the problems they previously made.

Article of the Month

We came across a solution of tasks not getting done as well as tasks not done correctly. We created an owner's manual for our business. Details in the Article of the Month.


Book of the Month

Atomic Habits by James Clear. Have you ever caught yourself saying that you had gotten out of the habit of doing something? Perhaps it is something you need to continue to do? This book can be applicable to personal and business life.

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

Whose job is this, anyway? Have you heard that before? The December Small Business Article of the Month offers ideas from those who have found solutions.

Small Business

News

 

Top Story

Past our announcement that the December newsletter starts our 26th year, we are discussing what is and what is not a problem.

 

Starting with, all these announced closings of retail operations is not a problem indicative of retail. It is an indicator of chain stores trying to correct the problems they previously made.


Article of the Month

We came across a solution of tasks not getting done as well as tasks not done correctly. We created an owner's manual for our business. Details in the Article of the Month.


Book of the Month

Atomic Habits by James Clear. Have you ever caught yourself saying that you had gotten out of the habit of doing something? Perhaps it is something you need to continue to do? This book can be applicable to personal and business life.