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Go Starbucks or go home

Is your business an experience?


Starbucks announced they would no longer sell their products on their own website. You can still buy Starbucks products online through other retailers, just not on the Starbucks website.

In the announcement, Starbucks said they want their customers to have the Starbucks experience. While they still want you to come in and purchase something to eat and drink, they want the person purchasing Starbucks products to have the Starbucks experience.

Instead, they so believe in their employees and how they can interact with their customers that they want to make sure the customer gets to have an experience first hand with Starbucks. You can’t get very personal with a website.

How many of us think the experience in our business, and the interaction with our staff is so awesome, that we want to be sure a new or existing customer has that interaction with our employees?
It is not just our employees that make a difference. What about the overall experience a person has starting when they can first see our business? Research shows that over 50% of the impression a customer has of your business comes from when they can first see your building, sign, or parking lot.

When the customer comes in, what do they see, hear, smell, taste and touch? Can we provide an experience that will overload their senses on, “awesome”? All of this in addition to wonderful salespeople.

If we can, we have something the Internet cannot duplicate. Even the founder of the largest online retailer knows it. Jeff Bezos, founder of Amazon, said, “We can never duplicate that experience you can have by walking in a bookstore, sitting in a comfortable chair with a cup of coffee and enjoying the feel and smell of a new book”.

The National Retail Federation reports that 15% to 30% of all online purchases are returned by the consumer. That speaks to the customer not having enough product knowledge to make an intelligent decision about what they are buying. Is your store providing that product knowledge? Do you have an ongoing staff education program? Or do your employees just learn as they go along?

Think about the bookstores, coffee shops and other local businesses you have experienced. Any of them like the bookstore Bezos is talking about? Any of them provide an experience for which they are so confident, they do not sell online?

If our businesses are going to beat the online businesses, we have to do the things the Internet retailers cannot or will not do.

It is not about beating Amazon and other Internet retailers at their own game. It is about playing the game the way the customer wants to play.

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This article is copyrighted by Tom Shay and Profits Plus Solutions, who can be reached at: PO Box 128, Dardanelle, AR. 72834. Phone 727-823-7205. It may be printed for an individual to read, but not duplicated or distributed without expressed written consent of the copyright owner.

APRIL 2024
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While titled, "If not price", the April Article of the Month is asking the question about the focus of your small business in attracting and keeping customers.

 

If there is not something very special about your business, then the only attraction to your businessis that of a low price.


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I do not agree with the concept of "fill in the blank" or "create the plan as you need it" because my experience has been that you do not have as strong as a connection and understanding to your business plan unless you do it yourself and you dedicate the time to create it.

BOOK US

With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.

Small Business

Advisories

"What's your score"? is the name of the April Small Business Advisory. This provides an introduction to our return on investment calculator. It is a great way to understand how well the investment you have in your small business is working for you.

Small Business

News

 

Top Story

We believe Thursday, April 25 is an important annual celebration for small businesses. While the name of the celebration has varied over the years, the focus is for us to take kids to work with us.

 

This is important for the kids to see what it is we do. They definitely are not going to learn about it in school. Reading the April Small Business News you will see an example from community pharmacists that emphasizes it is up to us as small business owners to introduce kids to what we do.


Article of the Month

While titled, "If not price", the April Article of the Month is asking the question about the focus of your small business in attracting and keeping customers.

 

If there is not something very special about your business, then the only attraction to your businessis that of a low price.


Book of the Month

"The plan as you go business plan" is the April book of the month. The author is Tim Berry who has also created software on the same topic.

 

I do not agree with the concept of "fill in the blank" or "create the plan as you need it" because my experience has been that you do not have as strong as a connection and understanding to your business plan unless you do it yourself and you dedicate the time to create it.