Tag Archive for 'local'

Learning from local business

There’s a lot of marketing lessons that even big corporations can learn from successful local business. Take for instance our local pharmacist, there are 8 pharmacies on our high street, all within easy walking distance of each other. Which one do you shop from?

My wife is very clear, there’s only one pharmacy that goes the extra mile for her and they get all our business (diapers, shaving cream, asprin, everything). It’s not just her either, most of the couples we know use this particular pharmacy – what’s their secret?

Easy. The owner took the time to understand what his clients really needed. He over delivers on those few points and ignores everything else.

He worked out that his customers largely have infants or young children, they need small quantities of the same type of item frequently. They have alot of trouble coming out, and don’t have time to wait in a queue. Plus, he noticed the buying is predominantly done by the lady of the house.

In response he decided to do the following:

1. Over serving: For all the mums in the area, make home deliveries, irrespective of the size of the order.
2. Over serving: Always ensure that stocks of diapers & baby milk powder are available (even if all the other chemsits don’t have stock, he does)
3. Under serving: No discounting, no credit. Other chemists will do this, but he knows it’s not the deciding factor for his clients so he doesn’t take the trouble.

Presto, he has loyal fans. My wife won’t let me buy from anyone else.

Digital Partnerships

Offline, we see a lot of marketing partnerships, from tent cards in a restaurant promoting a nearby theatre, flyers in bar advertising taxi companies, through to more subtle referral relationships. This type of promotion is the main stay marketing for many small companies, and even a few very large ones. And there’s no reason why it can’t work for you online.

There are already online agents & lead generators for many industries (real estate, video conferencing, hotels), but outside of the obvious there’s plenty of opportunity to experiment with the new online relationships. For instance, chocolatiers tying up with florists for value-add or a post purchase promotion for all online sales, hotels providing coupons (post purchase) and the address & details of a local spa in it’s “nearby amenities” section. A particularly impressive, and now very mainstream, partnership is where airlines up-sell the planting of trees to counteract your environmental impact – there’s no reason any other business can’t do something similar.

If you treat local websites, like traditional local businesses, you may be able to forge partnerships that work small wonders for you.