Shhh! It's a Secret! How to Compete Against WalMart & the InterNet
By Fran Tabor
()
About this ebook
What this book isn’t:
Basic money management...go to your accountant.
Get rich quick...don’t believe in it.
Complete...learning never ends.
What this book is:
Fourteen Articles full of Attitude!
Plus a few common sense ideas to help us all stay in the profit groove—no matter how much the nightly news tries to turn us survivors into quitters!
Fran Tabor
The cornucopia of stars in Montana’s Rocky Mountain night sky easily inspires dreams of distant worlds. Those stars aroused Fran’s storytelling DNA. Her dream-weaving ancestors include Russian peasants, Chippewa war chiefs and American Revolutionary soldiers. Fran’s varied writings include fun science fiction and practical business survival books.When not writing, Fran runs a small business in Kalispell, Montana
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Book preview
Shhh! It's a Secret! How to Compete Against WalMart & the InterNet - Fran Tabor
What this book isn’t:
Basic money management; go to your accountant.
Get rich quick; don’t believe in it.
Complete; learning never ends.
What this book is:
Fourteen Articles full of Attitude
Plus a few common sense ideas to help us all stay in the profit groove—no matter how much the nightly news tries to turn us survivors into quitters!
SHHHH! IT’S A SECRET
HOW TO COMPETE AGAINST WALMART
AND THE INTERNET
Business Survival Tips for the 21st Century
Fran Tabor
Copyright 2012 Fran Tabor
Smashwords Edition
Cover image courtesy of Milo827 | Dreamstime.com
Cover by Terry Compton
This is dedicated to my parents, who taught me that what others call failure is really an educational experience. The greater the education, the more expensive it usually is—and it is entirely up to me to get my money’s worth out of all life’s lessons.
Table of Contents
Fletchers & Dodo Birds
Life with Blinders Off
The Tortoise the Hare and All Those Expensive, Time-Consuming Trade Conventions
What Happens in Vegas…
Communities Need Repair Shops
Humble all the Way to the Bank
Teaching Employees to Sell Showing Love
Teaching Employees to Sell Sharing Love
Short-Changed Customer Short-Changes the Till
What couldn’t be given away at $200, Sells Like Hotcakes at $2,500
My $100,000 Customers
Your Store, As Contagious as a Pet Rock
Your Most Important 60 Second Commercial
Your Store: A Stage for a Great Performance
***
Fletchers and Dodo Birds
Should anyone need to get out of a comfortable chair, drive through obnoxious traffic, find a parking place just to buy stuff?
Some insist, No. Brick & mortar retailers are the Dodo birds of business, as extinct as the town fletcher, the arrow maker.
Most Americans’ knowledge of bows & arrows is limited to box store toys. Few know the arrow is still being invented, that archery enthusiasts live everywhere. Most big cities have archery specialty stores.
Fifty years ago, a modern fletcher had two choices. He could cater only to local cliental or risk investing in expensive catalogues. Today, the net lets any fletcher create an on-line catalogue to sell his wares around the world. Growth is limited by talent, not a fat bankroll.
Some archery dealers have abandoned their stores to the net. Others use the Internet to explain why archery equipment should be personalized and draw people into their stores to a level never before possible.
What does this have to do with your specialty shop?
Everything.
Too often our potential customers aren’t even aware of anything beyond box store choices. In the past, it took big money to let people know we independent specialty shops exist, and what we offer that box stores can’t.
Just when the Internet made it easier to go against the retail giants, it also made it more dangerous.
You take your time to educate your customer about what choices best fit her exact needs—and believe you will make a big sale, the kind that pays the rent. Your customer is thrilled to finally have his needs met. The anticipated profit is your payment for educating your customer.
Then the customer researches the net, buys the item at cost and an undeserving stranger gets paid for YOUR work!
Should we whine There’s no way to compete with the net!
and just quit?
If we sell only product that people already know about, perhaps we should.
If we sell only product readily available