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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

 

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Tom Shay
PO Box 128
Dardanelle, AR 72834

(727)823-7205

FEBRUARY 2025
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Small Business

AdvisorieS

Hopefully there are few small businesses that are operating with handwritten documents. Whether you have a point of sale (POS) system; Curstomer relationship management (CRM) system; or anything digital that helps you better operate your business, there remains a question.

 

Are you using everything that you bought? That is the focus of the February Small Business Advisory.

Small Business

NewS

Top Story

As small business ownerss we are sure to disagree on many aspects of business management and ownership. However there are two items that I will always insist on.

 

The first item for you as manager and owner of a business, you must inderstand financial information. You cannot leave it to an accountant.

 

The second item is you have to invest in educating your staff regarding their responsibilities within your business.

Article of the Month

Most every small business has inventory. It may be inventory used as a part of your services. It may be inventory for items used in your business. The article of the month shares ideas of how you should control the inventory. This is important because you do not want to run out of the necessary inventory, and you do not want too much of your money sitting in more inventory than you need.


Book of the Month

You cannot beat your competition unless you know what they are doing. The February book of the month is, The Everything Store, written by Brad Stone and Jeff Bezos.

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

Hopefully there are few small businesses that are operating with handwritten documents. Whether you have a point of sale (POS) system; Curstomer relationship management (CRM) system; or anything digital that helps you better operate your business, there remains a question.

 

Are you using everything that you bought? That is the focus of the February Small Business Advisory.

Small Business

News

 

Top Story

As small business ownerss we are sure to disagree on many aspects of business management and ownership. However there are two items that I will always insist on.

 

The first item for you as manager and owner of a business, you must inderstand financial information. You cannot leave it to an accountant. The second item is you have to invest in educating your staff regarding their responsibilities within your business.


Article of the Month

Most every small business has inventory. It may be inventory used as a part of your services. It may be inventory for items used in your business. The article of the month shares ideas of how you should control the inventory. This is important because you do not want to run out of the necessary inventory, and you do not want too much of your money sitting in more inventory than you need.


Book of the Month

You cannot beat your competition unless you know what they are doing. The February book of the month is, The Everything Store, written by Brad Stone and Jeff Bezos.