Tuesday, August 18, 2009
Most likely if you are over 30 and live in the USA, you have lived a life that has been in support of franchise chain businesses.
I recall the drives between my house in the Chicago area down to my grandmothers' in St. Louis and Terre Haute, Indiana and counting all the Howard Johnson's and all the Shell Stations and all the Aamco Transmission shops in the towns as we passed through. But mostly I waited for the "big 3," McDonald's, Dairy Queen and A&W Root Beer stands! Reflecting back most of those succeeded (at least for as long as they wished); some of them failed, but all of them fought passionately for the my attention.
Today I realize there are hundreds of factors that dictate a franchise’s success. Master your franchisee training but fail to maximize the value of your territory and that franchisee is in for a world of hurt.
This leads me to my point. The branding of any franchise continues to be one of the most essential ingredients in a franchise’s profitability; from the corporation down to the single unit.
I can still remember walking into an Applebees in Long Beach for the first time. There was just something authentic about it. It "felt" like the local or neighborhood bar & grill. Clearly, someone in their corporate offices had gotten all the small details right and the result was a memorable franchise experience.
Today I realize that branding is often the difference between whether a franchise rises into the public consciousness or if that business, as good as its products and service may be, drifts away unsuccessfully into oblivion.
Janet Muhleman, the president of re:group, has gathered together her belief set on branding in the latest edition of Franchising World. Here are her seven tips to improve your franchises branding:
1. Listen to your customers
2. Tell your brand story, what you believe in, why you do what you do.
3. Create a brand personality that people relate to and want to engage with.
4. Make believers out of your franchisees and their front-line staff so they can live the brand.
5. Engage your customers consistently and openly at every possible touch point.
6. Measure your performance and be prepared to embrace change and innovate to stay current and relevant.
7. And finally, as you listen to your customers also remember to be genuine and lead with your heart.... Now, re-read - Return to No. 1!
Branding is local for most businesses in North America. You have to convince YOUR customer (and not just the universal position) of who you are and what you do...so stop the self defeating self-talk about the company and what they should do. YOU OWN YOUR MARKET.
I welcome your thoughts on this topic - Do you have anything else to add?
John is a 26-year professional in the franchise industry. He has been a franchisee, a franchise executive and an advocate/consultant to the public and to dozens of franchise companies. He is the founder and managing partner of Wilson Associates and can be reached at docfranchise@gmail.com. or direct office 480.838.1641
Friday, June 26, 2009
I love technology. It intrigues me. It keeps me excited and ever learning. Technology has also changed the face of business in spectacular ways. It has enabled businesses to embrace a greater community, it has increased productivity, and simplified communication. There are so many positives that they would be hard to name here in this post.
There is one aspect of technology that I find sad, and that is how it has made us lazy regarding personal contact or “face time” with customers and prospects. Email makes it so easy and efficient. But, you know what they say, “out of sight, out of mind.” In business this situation can be the kiss of death. If your entire relationship is email and text based, there is virtually no relationship.
Never believe that expediency is a better choice than relationship.
Electronic customers take on a different dynamic. Customers within a few hours drive are worth having face time with. When they are both a distance and treated with a steady diet of E-Mail you are in jepoardy.
Companies like the investment company Edward Jones, does not allow it’s advisors to use email with their customers. They do allow personal, voice and snail mail contact only. This effort is rewarded repeatedly. Here are some other things that I do to make “face time” work for me:
Coffee Clutch Time: When a person contacts me to see how we might work together, I typically suggest we meet over coffee. This way I can size them up better and try to understand their motivation. I’ve struck up some terrific business relationships this way.
Network meeting: You can use these events to spruce up your sales skills and put a face to a name. It gives you a chance to help someone on the spot. It also is an opportunity to create dialogue and open up lines of communication with potential partners.
In-person presentations: It has been my experience that an in-person presentation is your most powerful ally. I can demonstrate my desire to serve their business needs and I desire it enough to get out of my office and shake some hands. Virtual relationship is an oxymoron. A physical business shows you’re a real business.
Ignore email: I actually did not believe this until I took a lesson from a marketing wizard. Purposely visit customers or at least make phone calls when you get electronic messages. Showing up to chat WILL get you more business. It certainly ensures you will be taken seriously. I can’t tell you how many times I’ve taken something in person to a client that I could have just as easily emailed only to get other projects given to me on my way out the door. Seeing you reminds them of other ways that you can help. In today's virtual discussion environment, it is so rare that it also creates a certain amount of felt need to make sure your time was not wasted.
“I’m in the area” opportunities: Sometimes, when “I’m in the area” I call to see whether I can pop in to say howdie. These friendly requests always brings a smile and some great conversation.
New service meetings: Recently, I emailed a number of old files and offered to bring them a coffee and discuss what I’m offering these days that might be of help to them. A number of them took me up on it, and this effort resurrected some old business.
The point here is not to rely on convenience to grow your business. It’s not about you - it’s about your clients and customers and nothing tells them you care as much as hearing your voice, feeling the palm of your hand in theirs and listening to your laugh when they tell their latest jokes.
John is a 26-year professional in the franchise industry. He has been a franchisee, a franchise executive and an advocate/consultant to the public and to dozens of franchise companies. He is the founder and managing partner of Wilson Associates and can be reached at docfranchise@gmail.com. or direct office 480.838.1641
