Profitable Wedding
Flowers
Confidence in Your
Wedding Prices
Many florists will dread the
phone call or initial visit from the young bride to be or her
mother as they begin their shopping in preparation for an upcoming
wedding. When a florist is located in a city or town, and has
several competitors, receiving the phone call or visit should
be a moment of excitement as your business has been chosen to
be one of a select few, if not the only, to be considered for what can potentially be a sizeable sale.
So why the dread?
"It's
price. That is all they are after", responds a typical florist
in answering the question. "The customer has an idea as to
how many floral arrangements they are going to buy, and what the
price should be. Or they know how much money they are going to
spend, and are disappointed when they find out how many arrangements
their money is going to buy. Why can't they ever think about all
the extras that I try to give them?"
The question is deserving
of an answer, and explanation, and a solution. If a florist understands
why this question, and any question that refers to price, is asked,
you can then answer the underlying question and resolve the concerns.
As long as there are florists
with names like, "Discount Flowers", and florists that hang signs in front of the business
that state, "Roses $19.95 dozen", there will be customers
that will initially focus on price.
The explanation can perhaps
be shown by your personal experiences as a shopper. If you are
looking for a bank, you will traditionally focus on the cost of
a checking account. If you want to purchase a new car, you will
select a make and model and then shop the various dealerships
for price. After all, aren't all banks the same? And if I am purchasing
a new Ford Explorer, aren't all dealerships the same?
If this
is your experience with your shopping, then for the average customer,
aren't a dozen red roses the same regardless of where they are
purchased? The answer to this question is the same as the two
questions that were previously asked, a resounding and emphatic
NO!
This experience occurs many
times, every day to every person. And
it happens because of a lack of education. Simply stated,
each of us have many areas in which we are not knowledgeable in
regards to making a decision, and therefore we will revert to
the one area in which we feel comfortable - price.
To resolve
the anxiety attack that you may feel when the prospective bride
and her mother first contact you, we will approach this opportunity
with a six point plan.
The first step in the plan is
to recognize that the customer has a limited number of areas in
which they could have price sensitivity. This very short list will
probably include long stem red roses, carnations, tulips, calla
lilies, and daisies. There are however, another one hundred plus
flowers that the average customer has absolutely no idea what the price
should be. The point is to tell you that your price for these
most popular cut flowers needs to be in line with the competition
so that the mother of the bride that shops according to price
will have a comfort level with your shop when she phones or visits.
The second step in our plan
is to do the things that the competition does not do. In an unscientific
survey, we phoned 20 florists and posed them with the scenario that
we were beginning to plan a wedding for our daughter. Nineteen of
the twenty florists responded with a referral to price within the
first sixty seconds of their presentation. The average point in
their initial conversation at which they mentioned price was six
seconds.
Deciding that every customer
has price at the top of their list of concerns is as incorrect as
anticipating that every bride wants red roses as the centerpiece
of her wedding. If 95% of the potential customers truly have price
as their foremost concern, then why not wait until the customer
mentions it?
Your short, but complete response
can be to assure the customer that you know they will be very pleased
with the price. Giving the price of one or two of the items from
this price sensitive list should be all that you need to give, and
then continue with your presentation. You can control the conversation
without dominating the conversation so that the customer is put
at ease and develops a feeling that you are concerned about their
needs and the success of the wedding day.
Try developing a list
of questions that you can print as a guide to this interview. "When
will the wedding be? How many attendants? What is the theme? Where
will the wedding take place? Who is the individual officiating
at the wedding? Who is the photographer? Where will the reception
take place?
Any comments that you would
make in response to their answers should be confined to positive
statements, along with a couple of words in regards to your familiarity
and previous workings in that location or with the individual.
These
are probing questions that allow the mother and daughter to give
you additional insight to their wants and needs. And the more you
know about their wants and needs, the more correctly you can identify
the products and services to suggest. Comments about your familiarity
with the individuals and locations create a feeling of confidence
and professionalism in your abilities.
The third step is to
compensate for the advertising that the price florist does. A
delivery of a simple floral arrangement to the home of the mother
and daughter, a card of appreciation for their visit, and a followup
phone call demonstrates to them that you are a professional that
takes care of details.
The fourth step is to make contact
with the facilities and individuals, even if you have worked with
them hundreds of times, and let them know that you are researching
on behalf of this potential customer. Ask if there is any additional information
that they can share with you that would assist you in achieving
your goal of servicing this customer.
You will have
the strong possibility that these individuals or facilities will
contact the mother and bride to be to let them know that you have
been doing your homework. Of course, in the initial interview
you will want to make sure that the wedding has been announced
and that the various individuals and facilities have already been
contacted.
The fifth step will be to recontact
the customer to tell them of your research and suggestions. A followup
letter adds another touch of professionalism. Approach the event
as though
every potential customer that contacts you is going to contract
your floral shop to produce their wedding.
If you are
out of bounds with this approach, most people will tell you. And
if you are not sure, feel confident to ask for the sale. There
is nothing wrong with telling the bride that you are excited about
her wedding, and that you would be honored and most appreciative
of the opportunity of having her business.
The sixth and final
point in this plan is the price. The price is last for two reasons.
The first is to restate that for most customers, price is about
the sixth most important concern on their list. And the second
reason is to reinforce the situation regarding the 95% of florists
that we have already mentioned.
The problem that confronts many
florists is that of pricing their services - not the flowers themselves,
but determining the value of the service. Florists often are confronted
with the $8.00 syndrome.
Simply stated, the price per
hour for the individuals working in your shop is about $8.00 per
hour when you consider the base salary, benefits, insurance costs,
and all other expenses that directly relate to personnel. When you
consider the time and effort put into the work that you or your
wedding planner gives, many florists will think about this $8.00
cost.
Seeing that you are working
with people around you that have this cost basis, too often, the
owner, manager, or wedding planner considers these people to be
their peers in value as well as work. This is just not so.
If everyone
working in floral shops had the necessary knowledge and skills,
then there would be a lot more floral shops in business. Your value,
to your business and the customer, should be a multiple of the cost
value of your employees.
You have shown to the customer
your exceptional skills that separate you from the other florists,
and you should feel confident in pricing your efforts with an equation like this: price plus quality
plus service plus information equals value.
With this six step
plan, will you perform the wedding planning for every bride to
be that walks in your door or calls? Absolutely not. But, when
you look at the wedding you did not get because a competitor
had roses for a cheap price, and performed the wedding for a basement bottom price,
did you really lose an opportunity to have a profitable sale,
or just an opportunity to give away your services and knowledge
for minimum wages?