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Tip Sheet: March 2005

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Four fresh ideas to better your business

[componentheading]MUST-SEE WEBSITE[/componentheading]

A9.com, the new search engine from the folks who brought you Amazon.com. The website includes a virtual “Yellow Pages” — including pictures of each business (taken automatically by vans equipped with cameras). Not all areas are available yet, but just give them time. Enter the search jewelry and then your zipcode to see if you’re online. You can then add comments about your business.

Source: Instore

[componentheading]NEGOTIATING TIP[/componentheading]

Negotiating tip: Forget the stone face. When a customer balks at your price or asks for a discount, go ahead and cringe visibly. The flinch will often put your opposite member on the defensive and force him or her to try to justify the request or offer a concession. Don’t overdo it, though: you’re not supposed to appear terrified, merely surprised.

Advertisement

Source: Selling Power Magazine

[componentheading]INSTRODUCING: YOUR BIGGEST SALE OF THE YEAR[/componentheading]

Your biggest sale of the year is here, and you want to make sure that you’re jam-packed with customers. You’ve spent big on advertising and done heavy direct mailing. What else can you do? On the day of the sale, hire people to wear sandwich boards promoting the sale in big red letters. (“50% Off! Today Only!”) Have them stand at major intersections within a one-mile radius of your store.

Source: IDEA SITE FOR BUSINESS

[componentheading]KEEP ADVERTISING FOCUSED[/componentheading]

Take Coca-Cola, for instance. The company owns nearly 80 different brands of soft drinks, but they’ve never run an advertisement for all of them with some catch-all claim like “Bubbly, sugar-based liquids in a variety of different tastes for all your thirst needs”. If you feel you have three important things that you absolutely have to say … well, then just buy three ads.

Advertisement

Source: Luke Sullivan, Hey Whipple, Squeeze This

[span class=note]This story is from the March 2005 edition of INSTORE[/span]

Continue Reading
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SPONSORED VIDEO

Wilkerson Testimonials

Retirement Made Easy with Wilkerson

The store was a landmark in Topeka, Kansas, but after 80 years in business, it was time for Briman’s Leading Jewelers to close up shop. Third generation jeweler and owner Rob Briman says the decision wasn’t easy, but the sale that followed was — all thanks to Wilkerson. Briman had decided a year prior to the summer 2020 sale that he wanted to retire. With a pandemic in full force, he had plenty of questions and concerns. “We had no real way to know if we were going to be successful or have a failure on our hands,” says Briman. “We didn’t know what to expect.” But with Wilkerson in charge, the experience was “fantastic” and now there’s plenty of time for relaxing and enjoying a more secure retirement. “I would recommend Wilkerson to any retailer considering a going-out-of-business sale,” says Briman. “They’ll help you reach your financial goal. Our experience was a tremendous success.”

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Tip Sheet

Tip Sheet: March 2005

Published

on

Four fresh ideas to better your business

[componentheading]MUST-SEE WEBSITE[/componentheading]

A9.com, the new search engine from the folks who brought you Amazon.com. The website includes a virtual “Yellow Pages” — including pictures of each business (taken automatically by vans equipped with cameras). Not all areas are available yet, but just give them time. Enter the search jewelry and then your zipcode to see if you’re online. You can then add comments about your business.

Source: Instore

[componentheading]NEGOTIATING TIP[/componentheading]

Advertisement

Negotiating tip: Forget the stone face. When a customer balks at your price or asks for a discount, go ahead and cringe visibly. The flinch will often put your opposite member on the defensive and force him or her to try to justify the request or offer a concession. Don’t overdo it, though: you’re not supposed to appear terrified, merely surprised.

Source: Selling Power Magazine

[componentheading]INSTRODUCING: YOUR BIGGEST SALE OF THE YEAR[/componentheading]

Your biggest sale of the year is here, and you want to make sure that you’re jam-packed with customers. You’ve spent big on advertising and done heavy direct mailing. What else can you do? On the day of the sale, hire people to wear sandwich boards promoting the sale in big red letters. (“50% Off! Today Only!”) Have them stand at major intersections within a one-mile radius of your store.

Source: IDEA SITE FOR BUSINESS

[componentheading]KEEP ADVERTISING FOCUSED[/componentheading]

Advertisement

Take Coca-Cola, for instance. The company owns nearly 80 different brands of soft drinks, but they’ve never run an advertisement for all of them with some catch-all claim like “Bubbly, sugar-based liquids in a variety of different tastes for all your thirst needs”. If you feel you have three important things that you absolutely have to say … well, then just buy three ads.

Source: Luke Sullivan, Hey Whipple, Squeeze This

[span class=note]This story is from the March 2005 edition of INSTORE[/span]

Continue Reading
Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

Retirement Made Easy with Wilkerson

The store was a landmark in Topeka, Kansas, but after 80 years in business, it was time for Briman’s Leading Jewelers to close up shop. Third generation jeweler and owner Rob Briman says the decision wasn’t easy, but the sale that followed was — all thanks to Wilkerson. Briman had decided a year prior to the summer 2020 sale that he wanted to retire. With a pandemic in full force, he had plenty of questions and concerns. “We had no real way to know if we were going to be successful or have a failure on our hands,” says Briman. “We didn’t know what to expect.” But with Wilkerson in charge, the experience was “fantastic” and now there’s plenty of time for relaxing and enjoying a more secure retirement. “I would recommend Wilkerson to any retailer considering a going-out-of-business sale,” says Briman. “They’ll help you reach your financial goal. Our experience was a tremendous success.”

Promoted Headlines

Most Popular