Mast
Lesson from a one-legged stool
t age five, I was enrolled in a boarding school in West Africa along with 350 other youngsters. That’s a lot of kids. Just imagine the discipline challenge this situation presented. Because we far outnumbered those in charge, it was necessary to impose very strict rules just to maintain order.
The rules, of course, were there to be obeyed… to the letter. And whenever they weren’t, those in authority were duty-bound to demonstrate their clout.
Unfortunately, I happened to transgress often. Quite often, as a matter of fact. But as I look back over those years, I’m amazed at how creatively my houseparents and teachers
administered correction. At least, sometimes.
For example, I remember being made to sit on a one-legged stool. It was a punishment similar to standing in the corner but it was far more challenging. You had to keep your wits about you in order to maintain your balance because if your mind wandered or if you happened to be on a slick spot of concrete, the stool would slip out and you would crash to the floor. The landing was always unpleasant, but it never hurt as much as the ridicule of your fellow classmates. So the idea was to stay atop the stool.
The idea behind the one-legged stool was to let the mischief maker know that he or she was in a very shaky position. Also, if a good lesson was not derived from the one-legged stool... things would get more intense and the punishment would become even more severe.
Actually, the one-legged stool of my childhood very clearly illustrates the dangerous situation many businesses happen to be in with regard to marketing.
It could be said that many businesses are balanced unsteadily on a one-legged stool. They continue to rely on only one marketing strategy in order to sustain their business. And as long as that one method remains healthy, the business keeps plugging along. But what happens if that method fails and the only leg they have slips out from under the business?
stool
At the Golomb Group, we often ask these questions:
• Have you ever run a promotional program?
• Do you place regular ads in the local paper or shopper?
• Have you ever used a direct mail program?
• Have you ever used a premium?
• Do you have a referral system in place?
• Are you promoting your business through public relations?
• Do you use window signs?
• Have you tried telemarketing?
In fact, what we are really asking is... “How many legs are there on your marketing stool?”
It might surprise you to know that many drycleaners are balanced dangerously on one leg. In fact, some don’t promote their businesses at all. What’s even more surprising is the fact that it really doesn’t seem to bother them in the least that their marketing is at best shakey or even non-existent.
There are those cleaners who do newspaper ads on a regular basis. Others choose the yellow pages from year to year. A few may even have a direct mail program in place, but hardly any would think to use three or even more means of promotion.
They don’t realize that adding additional legs not only makes their situation more secure... but also adds greatly to the profit picture.
In order to be safe and strong, your marketing stool should have at least three legs Why? Because there are three ways and only three ways to profitably grow your business:
1. Increase the number of customers you have.
2. Increase the size of order each customer brings you three.
3. Increase the number of visits each customer makes.
Just exactly how you choose to accomplish these tasks will determine how creative you are.
There are many ways to get new customers... many ways to increase the size of an order and many ways to increase the frequency of customer visits.
In future articles, we will look at concepts such as gaining credibility, forming joint ventures, reversing risk, establishing referral systems, using host endorsed mailings and more. Meanwhile, consider your own situation. From a marketing standpoint, how stable is your business?


Bill Bishop has been a consultant with the Golomb Group for the past 12 years, designing marketing and promotional programs for drycleaners. He can be reached at the Golomb Group at (800) 679-5856 or by e-mail at billbishop@golombgroup.com.


hanger
Bill Bishop
OnMarketing
Bill Bishop