With over 25 years of frontline experience Tom Shay is America's leading small business
management
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Go Starbucks or go home
Is your business an experience?
Starbucks announced they would no longer sell their products on their own website. You can still buy Starbucks products online through other retailers, just not on the Starbucks website.
In the announcement, Starbucks said they want their customers to have the Starbucks experience. While they still want you to come in and purchase something to eat and drink, they want the person purchasing Starbucks products to have the Starbucks experience.
Instead, they so believe in their employees and how they can interact with their customers that they want to make sure the customer gets to have an experience first hand with Starbucks. You can’t get very personal with a website.
How many of us think the experience in our business, and the interaction with our staff is so awesome, that we want to be sure a new or existing customer has that interaction with our employees?
It is not just our employees that make a difference. What about the overall experience a person has starting when they can first see our business? Research shows that over 50% of the impression a customer has of your business comes from when they can first see your building, sign, or parking lot.
When the customer comes in, what do they see, hear, smell, taste and touch? Can we provide an experience that will overload their senses on, “awesome”? All of this in addition to wonderful salespeople.
If we can, we have something the Internet cannot duplicate. Even the founder of the largest online retailer knows it. Jeff Bezos, founder of Amazon, said, “We can never duplicate that experience you can have by walking in a bookstore, sitting in a comfortable chair with a cup of coffee and enjoying the feel and smell of a new book”.
The National Retail Federation reports that 15% to 30% of all online purchases are returned by the consumer. That speaks to the customer not having enough product knowledge to make an intelligent decision about what they are buying. Is your store providing that product knowledge? Do you have an ongoing staff education program? Or do your employees just learn as they go along?
Think about the bookstores, coffee shops and other local businesses you have experienced. Any of them like the bookstore Bezos is talking about? Any of them provide an experience for which they are so confident, they do not sell online?
If our businesses are going to beat the online businesses, we have to do the things the Internet retailers cannot or will not do.
It is not about beating Amazon and other Internet retailers at their own game. It is about playing the game the way the customer wants to play.
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This article is copyrighted by Tom Shay and Profits Plus Solutions, who can be reached at: PO Box 128, Dardanelle, AR. 72834. Phone 727-823-7205. It may be printed for an individual to read, but not duplicated or distributed without expressed written consent of the copyright owner.
Seems like today, everyone is a consultant for something. Most small businesses owners have likely received an email, phone call, or visit from someone wanting to sell the services of a consultant.
You might find the right combination of consultants (let's call them advisors) in your own neighborhood. And they would likely trade their advice for some advice from you. This month's Small Business Advisory explains how.
November has two special events tailored to small businesses. The first occurs in the third week of the month. It's the Great American Teach In Day. Your help will be needed and appreciated.
The second event is Saturday, November 28 - Small Business Saturday. Details of how to participate in each is in this month's newsletter.
Article of the Month
Approaching the end of the year, many small businesses start to consider their pay scale for 2027. With some small businesses, bonuses at the end of the year are a tradition. The article of the month shares ideas of how to approach payroll as the new year approaches.
Book of the Month
You are awesome at what you do. You are a small business owner and that takes a lot of bravery to do what you do.
Part of what you requires what Malcolm Gladwell calls, "thin slicing." Others refer to it as "gut feeling." The book of the month talks about the need to stop doubting your greatness.
All this plus the Internet Tool for Your Business and a staff incentive idea for your business.
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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.
Seems like today, everyone is a consultant for something. Most small businesses owners have likely received an email, phone call, or visit from someone wanting to sell the services of a consultant.
You might find the right combination of consultants (let's call them advisors) in your own neighborhood. And they would likely trade their advice for some advice from you. This month's Small Business Advisory explains how.
November has two special events tailored to small businesses. The first occurs in the third week of the month. It's the Great American Teach In Day. Your help will be needed and appreciated.
The second event is Saturday, November 28 - Small Business Saturday. Details of how to participate in each is in this month's newsletter.
Article of the Month
Approaching the end of the year, many small businesses start to consider their pay scale for 2027. With some small businesses, bonuses at the end of the year are a tradition. The article of the month shares ideas of how to approach payroll as the new year approaches.
Book of the Month
You are awesome at what you do. You are a small business owner and that takes a lot of bravery to do what you do.
Part of what you requires what Malcolm Gladwell calls, "thin slicing." Others refer to it as "gut feeling." The book of the month talks about the need to stop doubting your greatness.
All this plus the Internet Tool for Your Business and a staff incentive idea for your business.