| “The Amazing Truth About Your Local Competition” |
|
|
|
|
“The Amazing Truth About Your Local Competition”
Think of the word “competitor””.
It means “the same”. If you sell fried chicken...the only place you have to think about is the other fried chicken places in town.
If you sell vacuum cleaners….the guy selling stereo equipment isn’t your competitor.
If you sell ice cream cones, the local grocery store isn’t a competitor. Why? They sell ice cream in a box (or tub)..you sell it in a cone.
The closer you are to being identical to your “competition” the greater they affect your business. You begin splitting the business the moment you become the same. Selling the same things, to the same market, in the same way…..Competitors.
But it doesn’t have to be this way.
You are unique. Your store can be unique. Your advertising can be unique. Your offer can be unique. The buying experience in your store can be unique.
What’s the difference between a $7.95 steak at Ponderosa Steakhouse and a $60 steak at a fine restaurant? Is the meat 10 times better? No. The atmosphere, service, music, dinnerware, silverware, attention paid...are all different. Ponderosa and the fine restaurant don’t compete.
You have a personality...that means your store has a personality. That personality doesn’t have to be the same as the guy down the street. You can be more upbeat, more attentive to your customer, smarter.
Your store can be cleaner, better arranged, more comfortable for your customer, better lit, with better music, ….than anyone else..
Your advertising can sell higher end products, with better ““bundles’ to give better offers. You can advertise better services, more services, extended warranties, easier customer service, faster repairs, …….than anyone else.
Your “customer experience” can be better. You can answer questions, ask about specific needs, make recommendations…..better than anyone else.
You can be better at almost anything than the guy down the street. Almost any situation can be turned into a marketing advantage. Had a flood? You had an extended “Flood Sale” didn’t you?
You are unique in every way...you are different in every way…….and your store can be better in almost any way you choose.
You have no competition. |