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Marketing
One
of the most important steps you’ll undertake in maintaining your
franchise is marketing. After all, if you don’t let people know
who you are and what you offer, you’ll never see a customer walk
through the door.
Franchises
vary in regard to marketing. Some control all marketing from a
central location, while others leave it completely up to you.
Almost all provide some form of training or assistance. After all,
marketing is the key to your success!
Levels
of Franchisor Support
1.
Fully Centralized Marketing
Very
large franchises with many locations across the nation (or globe)
often use this format. The idea is that they will handle all the
marketing, relieving you of that burden. In return, you’re
expected to abide by any rules, promotions, or discounts they
establish.
2.
Partially Centralized Marketing
This
format is similar to fully centralized marketing, but you’re
allowed to add your own marketing endeavours to the company’s.
That may include setting your own promotional discounts,
sponsoring local events, taking out advertisements, etc. However,
any scheme you come up with will require the franchisor’s
express approval.
3.
Assisted Decentralized Marketing
Under
this format, the company does not do any advertising for you, but
provides a great deal of support. They may suggest local
publications, offer to place ads on your behalf, or provide local
contacts. Often, they also provide marketing resources such as
posters, ad copy, or websites. Your personal initiatives may
require franchisor approval.
4.
Fully Decentralized Marketing
In
this case, you’re basically on your own to market as you see
fit. Even here you should expect some support from the franchisor,
whether in terms of market research, recommendations, or ad copy.
Still, the bulk of the burden rests on your shoulders, meaning you
can get as creative as you choose with your marketing schemes!
Marketing
for Success
If
you fall into the first two categories, advertising will likely
not form a large part of your business plan: your only real
marketing strategy will involve how you treat people once you have
their business. Under the latter two categories, however, you are
responsible for getting people in the door. With that in mind,
here are some advertising principles to keep in mind!
·
Be familiar with your
market. Know who you’re targeting and how to go about it.
·
Focus on name
recognition. Everyone should know who you are and what you’re
selling.
·
Use innovative
sources. Sponsor a team or event, create a website, or sponsor a
segment of a radio show.
·
Similarly, don’t
forget the traditional sources: television and radios, newspapers,
magazines, even door-to-door leaflets.
·
Increase your
expertise. Writing or participating in call-in shows or local
media can give you an edge in the field.
·
Focus on existing
customers as well as new customers with loyalty programs, special
mailings, promotions, etc.
·
Establish a referral
system. Create a partnership with other businesses in the area and
get in the habit of directing customers to one another’s
locations.
·
Monitor your
successes and failures. Know which advertising campaigns boomed
and which flopped. Keep a database of customers and actively seek
ways to keep them coming in.
·
Never stop looking
for new and innovative advertising ideas. Complacency leads to
redundancy. Always be on the lookout for ways to get them in the
door!
Creative
Marketing Ideas
So
you’re not an advertising expert? No problem. It’s actually
remarkably easy to come up with unique and interesting ways to
promote your business. Once you sit down and start brainstorming,
you’ll be amazed what you come up with. Keep in mind that with
brainstorming, there are no bad ideas. If writing the business
name on a cow pops into your head, put it down. Yes, you’ll
cross it off later, but it might spark something else, which
sparks something else, which leads to genius!
Here
are a few ideas to get you started:
·
Send notices directly
to businesses with employees you might target. This doesn’t mean
infringing on others’ territory. It’s more along the lines of
an educational supplies shop sending an advertising fax to local
schools.
·
Always be on the
lookout for places to advertise: park benches, church bulletins,
coffee newspapers, etc.
·
Rely on word of
mouth. Tell EVERYONE you know and everyone you meet about your new
business!
·
Print business cards.
Don’t just hand them out liberally, leave them in coffee shops,
at bus stops, pinned to bulletin boards -- anywhere you can think
of.
·
Donate gift
certificates to charitable auctions and raffles.
·
Involve yourself in
community events to promote your business.
·
Print T-shirts or
hats with the company’s name. Wear them around to increase name
recognition.
·
Pay attention to
other advertising campaigns. What works and what doesn’t? Adapt
them freely to your own needs.
·
Make a huge deal out
of your GRAND OPENING, with lots of advertising, special deals,
and discounts. Even if the franchisor won’t allow this, you can
still stage a grand opening event with family activities (if
appropriate) or other strategies to draw the crowds.
No
matter what model you follow, the most important thing is how you
treat your customers once you’ve hooked them. Monitory your
staff, provide clear guidelines on customer service, and make sure
your franchise lives up to its hype!
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