It is easy for business owners to visit the competition and point out everything they are doing wrong. For one thing, what they are doing wrong is only in your opinion and how it contrasts with how you plan to do things. Additionally, if they are successful, they may be doing more things right than you give them credit for or else they would have probably folded years ago. To truly learn from your competition, you need to look at what they are doing right before you try to steal away any of their market share.
In todays business climate, with most businesses having an online presence, it is easy enough to check pricing on many products and services. However, in many instances pricing is going to be fairly close and businesses rarely succeed and grow based solely on their pricing structure. Any customer you attract based only on the price of your products or services will be a customer lost when lower prices become available elsewhere.
If you are hoping to have any impact on your market share you have to be willing to look objectively at another similar business as their customers see them. Since online businesses can be represented with many faces based on their web page design, you can get a better idea by visiting their traditional outlets to learn how they do business as well as what they do to keep their customers happy and coming back for more.
Look for the little things that may seem insignificant but affect how their customers feel about the store. Cleanliness is one of the most common complaints from customers who often equate a dirty or messy unorganized store with lack of service as well as lack of quality in the products they sell. One key area in all public outlets that can quickly bring a customer back or run them out the door is the cleanliness of any public restrooms. If you allow the restroom to go unattended, customers will have unmentionable opinions about how the business is run, and probably will only come back if it is absolutely necessary.
Check out their display merchandise to see if it is working. Many customers want to touch and feel a product before making the decision to buy it, and even though an open product may sell for less when it comes off the display, making customers base their buying decision from the picture on a box is not going to get it done. If you set up displays, many should be in perfect working order. Obviously, for safety reasons there are some that should not be working, such as chain saws or most power equipment, but all the parts need to be there so the customer can see what they are getting for their money.
Friendly, knowledgeable service is probably the most important selling point for any business. Letting the customer know all the good things about a product they are interested in may require you to actually look at the owners manual, but it can translate into a sale rather than an empty promise by the customer to stop in later.
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I am going to tell you a story that I seldom tell people but wish to share with you because it has helped me to let go of my own burdens.
While doing business as a salesperson in Texas, I was sent to visit some clients in New York City. I was raised in the West, and I was just a country boy, which I still am, by the way. As we talked, I found that I really got along well with them. They had a strong ethnic bond between the two of them. They shared a particular religion that they believed in fervently and that bonded them and their families together. You could see it in how they conducted their lives and their business activities. They lived their religion well. As I was talking, a phrase slipped out of my mouth. It was one of those phrases that could be very offensive to someone else. The reason I am not repeating it right now is I promised I would never repeat it again. The instant I said it I knew I had offended them. Upon realizing what I had done, I wanted dig a hole, crawl inside, and hide. I instinctively began to punish myself as I viewed the hurt in their eyes. We had built this wonderful relationship, and I had melted it down in one breath—one single phrase.
I punished myself over and over. I went through the scenario in my head, and just couldn’t seem to let it go. It festered inside me to the point where I could not concentrate or focus on anything else. Finally I mustered the courage to go to them and ask them for forgiveness. We were able to open up and talk about it together.
However, I still held it inside of me, asking myself how I could let words like that exit my mouth. “You believe in words. It is part of your profession. You understand words. You have had experiences, and you appreciate other cultures. That has been one of your hallmarks in life. Now you just obliterated the relationship."
I was still down, because I had shown myself to be insensitive.
Eventually I had to tell myself that the natural consequence of my actions was that they were offended and I had offended myself. I knew this mistake would heal; I just had to let it go.
The experience became a powerful lesson to me—always think before you speak!
Realize that while you make mistakes, you have also done much good your life.
Both Obinna Heche & Mark V. Hansen are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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