There is a long standing mantra in the business world that says nothing happens until a sale is made. It holds true for all types of businesses, none more than franchising. Retail and food industry business owners wake up every morning thinking about sales and revenue and go to bed at night thinking about it. An owner of a franchise is stuck with the additional burden of making enough sales to keep your own business open as well as the franchise as a whole to succeed.
Being part of a franchise system isn't all bad. It offers you some tremendous advantages such as instant brand recognition that cannot be replaced. It also comes some limitations and no where else is this felt the most than in marketing. Nearly all of your promotional ideas must pass the franchiser's approval. However,despite those annoying restrictions and limitations, there are still plenty of other opportunities for individual franchisees to help drive business. Here are a few ways:
- Before you do anything you should contact your franchiser beforehand to see if it is ok for you to begin a marketing campaign on your own. Some won't care but there are a good number of franchises which limit the amount and types of advertising you can use outside of their national campaigns.
- If you have the time and opportunity to, sign up with the local Chamber of Commerce or any other business group that may prove to be beneficial in getting your business's name out there. The idea is to find an arena to talk about your business and establish contacts in the community. This is one of the best free ways to market your business. It's kind of like a scratch my back and I'll scratch yours with your network of contacts. You help them and they'll in turn want to help you.
- If there are any local consumer groups or non-profit organizations around, volunteer to to speak at one or more of their functions or even your services if need be. There are countless other groups that meet on a monthly or weekly basis who are always looking for speakers. Tell them about you started your own franchise or any other aspect of business which you think they can benefit from.
- Spend the time to write some business articles for your local newspaper or business magazine. In your stories, get across the message of how you used your business model to achieve success and how they can too.
- If your area has some youth sports like a a little league, sponsor them. This is great free publicity. Keep an eye out for other opportunities where you can get involved. These charitable opportunities bring community acknowledgment and recognition.
- If you have a few current clients or customers you feel are valuable to your business, give them discounts for referrals. You can even reward them for being such outstanding customers with freebies and other incentives.
- Give your employees coupons and incentives to pass out to customers in the store or to give out to family and friends. After all these years, the best form of marketing is still through word of mouth. Ask any employees to talk up the business if they are to drum up some business and attract some more customers.
Red Hot Franchises, at www.redhotfranchises.com, offers franchises opportunities. We feature low cost franchises, sign world franchises, and other franchise categories.
Franchise Opportunities brought to you from The Franchise Shop
A resource for franchise opportunities
A Franchise ideas and Franchise Opportunities Directory
0 comments:
Post a Comment