Sunday, February 17, 2013

Find Your Edge in Three Easy Steps




<a href="http://www.publicdomainpictures.net/view-image.php?image=
25734&picture=child-and-books">Child And Books</a> by George Hodan


Georgia has an 8.6% unemployment rate, according to the Georgia Department of Labor. If higher unemployment breeds a much more competitive market, how do you find an edge to keep ahead of the race? Not only do locally owned book sellers in Savannah have to compete against the nearest Barnes and Noble, but against online companies like Amazon.com. “There’s nothing that they’ve said that any one of their competitors can’t claim. Who’s going to say ‘we don’t have good customer service’ or ‘no we don’t have experience’ or ‘no we don’t know what we’re doing or ‘no we’re not professional,’” said John Powers, a professional marketer for over 20 years. “There’s too much competition just to think you can hang your hat on one thing . . .there’s too much going on.” Finding out what is unique about your bookstore can be difficult, but there are three easy steps that can change how you present the look of your store and even improve your sales.
            Identify your top five customers. Though telling people that you are reliable or that you have good customer service can be cliché, see if your customers are willing to give a testimonial about your store:  “then it becomes emphatic,” Mr. Powers said. It’s easy to sell yourself, but harder to get people to believe your marketing scheme unless someone outside your store can back up your statement. But more importantly, Mr. Powers said, “take each of those top five clients, not the top revenue, but the best clients that you have, take each one of them to lunch one day next week and ask them why they do business with you and they will tell you what your edge is.”
 Set Yourself Apart. Once your best customers have told you what they love about your store in particular, you’ll need to market that information. For more information on marketing, see the article Four Steps to Marketing Your Bookstore. Though we live in an age of technology, don’t go right for the computer screen, or email: “People are so flooded with stimuli now—email is a hard way to sell because it’s just like snail mail, you’re thumbing through your mailbox looking for what you can throw away.” Mr. Powers recommended something all together forgotten--faxing: “Because nobody sends faxes anymore.” Most businesses haven’t gotten rid of their fax machines, though they remain silent most of the day. When people do receive a fax, they tend to look at them because information isn’t flooding through them. Another technique is something that Mr. Powers specializes in—business to business dimensional mail. After using it for more than thirty years, he has yet to see it fail: “You’re not sending coupons for 20% off furniture or your next rug cleaning. In business to business direct mail, the objective is to get somebody to talk to you. You’re not going sell anything in direct mail, you’re trying to facilitate your approach.”  
 Capitalize on Being Local. Mr. Powers described a locally owned bookstore as an intellect small based business. “Those are the kinds of things where there is an appreciation among people if you can let them know of your availability,” Mr. Powers said. In a locally owned store, there is a feel for the community that doesn’t exist in a corporate store. Barnes and Noble can sell books by a Savannah author, but people prefer to get them from a local store. E. Shaver, Booksellers capitalizes on this point by being the exclusive distributor of The Oglethorpe Press. Even attending a book signing is a different kind of event. If there is a Savannah author doing a signing at Barnes and Noble, they have to compete with the hundreds of other things going on around them, like people trying to get a Starbucks coffee or look at the new e-reader. Mr. Powers said, “You can have the same signing at a local store like E.Shavers where the only people that are there are riveted on that specific book.” There is also the time old argument that when you buy local, the money stays in the community, it doesn’t go corporate. “Plus the fact that local bookstores aren’t about the 750 copies of the newest James Patterson novel,” Mr. Powers continued. With small businesses, owners get to know their clientele. With a corporate bookstore, there are a number of part-time employees who know how to operate a computer and tell you if a book is on the shelf or not. “They don’t know what you’ve read before, they don’t know what you like, and they’ve never spoken to you. The owner of a smaller business, that affinity with the clients . . . you walk in, they go, 'I knew you were coming in, I’ve been holding this for you, you’ve got to read this because I know this matches your tastes.' That’s the edge to me.”

Blurb:

Find Your Edge: Mr. Powers gives a few examples on dimensional mailing.
  • I might do something as crazy as sending somebody a 12 inch piece of 1x6 lumber. And say, "If your bookshelves are looking like this, you need to come see us." 
  • Go somewhere and buy a bunch of shoe soles. Have some kind of theme that revolves around, "You won’t wear these out looking for what you want at our store."
  • In reference to a magic eight ball: “Is this what it feels like when you’re looking around a big box store?” 
  • Send out some el-cheapo dusters and say, "Don’t bring these to our store, we like our dusty little corners."
  • Maybe send out a miniature blanket. The message is, "Nobody ever cuddles up with a good Kindle.”  

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