Yeah. I noticed the pun when I was typing it.. But was too lazy of a way to write it without one.I see what you did there.
Yeah. I noticed the pun when I was typing it.. But was too lazy of a way to write it without one.I see what you did there.
This. People respond really well to "well done" video. Here's one I had done through my timber company, where we feature a seedling grower:Was thinking a tour of your store.
Technically yes, but the profit margin for me is ridiculously bad. There are 2 dealers in the united states for ADA. Aqua Forest in Sanfran, and ADG in Texas. I'd order from them wholesale, then mark it up... You'd get it cheaper from one of them. I do carry things like Aquatop and Mr. Aqua tanks which are really high quality, without the ADA price tag.Corndog, are you able to order ADA (Aqua Design Amano) items? I've been thinking of starting a planted tank and would order some of the items through you if you did.
I totally agree. Except my store is still only 60% built lol. Once it's done, for sure there will be a video that will blow people's mindsWas thinking a tour of your store.
I'm sure it would increase it, but retention rate seems to be basically 100% as is. I'm definitely chomping at the bit to get things installed. My builder is caught up with his real profession of bee keeping. The honey flow is on until it rains... which it's been sunny for like a month straight now, not the norm for this state at all.What's your ETA on finishing (building) the store? I understand that you and your knowledge is a huge factor in retaining customers, but wouldn't a half built store at least increase the likelyhood of first time customers not coming back?
Thanks for that Opiate. Some good insight in there.Many people do just throw their mailers away, but that isn't the real danger. The real danger is cannibalizing your own sales. People who were going to come in and buy your products anyways use the coupon to get it cheaper. Since Corndog's business is so new his cannibalization risk on mailers/couponing is going to be low right now.
Corndog- That seems like a very good price for mailers, and your offers seem pretty good. You can also make your "raffle ticket" good for a discount as well (PLUS receive 10% off your purchase when you enter!). Important thing to remember with coupons, make sure you keep every one that is redeemed so you can crunch the numbers and figure out what your cost-per-redemption ends up being with the promotion. (Cost of promotion + amount of discount / number of coupons redeemed). Keeping the coupons will also help you gain an idea of which offers drove traffic (e.g. if you get a ton of redemptions on the $5 off $10 but not many for the aquarium plant, you will know to skip the aquarium plant offer next time and to try something different).
As you establish your business, to reduce your cannibalization risks in the future, you can create offers that are value-added based rather than discount-based. Discounts will drive traffic better, but will hurt your bottom line if it is just your regular customers using the coupons when they were going to shop at your store with or without the coupon.
I'm the same way Tarrant. But when asking customers what they do with them, there's surprisingly a decent portion that does go through them. One guy says he goes through every time to see if the oil change place he likes has a coupon in it. Then it gets put on the fridge. That would be a home run for my business. Right now I'm just looking to get my name out there more. I also thought about, the person that would use a coupon is the person I don't really want a customer as I tend to be on the higher end. What do I like about it is it's targeted to local homes.I personally throw away mailers without even looking at them personally and always assumed most people were the same way.