Shane McMurray on How to Price Your Product

Nobody knows how to sweep away the fairy dust with a GIANT broom of numbers, facts and statistic like McMurray.

Shane has been the undisputed champion of honest numbers for as long as I have been in the market.  Every day we face the major media in the wedding industry sprinkling their peculiar brand of fairy dust to convince you that the world and the economy is a big bowl of cherries. McMurray’s honest numbers and analytical approach has a way of pointing out the pits in that bowl.

In this video, McMurry takes that same analytic approach to show you what you need to do to price your business to dominate the marketplace and your bottom line.

Pour a cup of coffee and learn something.

Trial Runs. Should You Invest In Them?

Today it is more important than ever to use every tool in your arsenal to close the sale. Are you using the ones that are right in front of you?

I hear brides say it all the time, ”Once I saw it, I knew it was the one.” It isn’t just the dress; it is just about anything that creative professionals have to offer.  A lot of brides seem to be lacking the ability to visualize what we are presenting; so you have to show them.  Even more, you have to show them in as much vivid detail as possible.

Let me preface what I am about to say by being clear, I am talking about the higher
$$ end of the spectrum. I wouldn’t recommend that you do this for your budget brides. I also think this works well in terms of upping the sale more than simply closing. So…

Let’s say you are a florist that has a bride sitting on the fence about her centerpieces. You want her to buy the high end choice, right? Your best bet is to do a trial, but not just a centerpiece in your shop. Go the extra mile; get a sample of her linen and china, even her chairs and set the thing up in her reception venue. Get the planner and rental company to play along. Heck, they may even want to bring in an upgrade or two themselves.

Same thing with cake designers.  Do your tasting as a second appointment. By then you will have chatted with the couple enough to have a feel for what they like. Then rather than just doing a variety of small tastes on a tray, pick maybe three that you think they will like and do them plated and garnished, add a dessert sauce and fresh fruit or the like to present them with a full dessert view/taste. Serve champagne.

Early in the process, do a custom sketch for them; put their name on it and sign it like a work of art. Make a copy and give them the original as a keepsake. Woo these couples.

This isn’t a new tactic. Bridal salons have been doing it for years. The minute a bride shows the least bit of interest in a gown she is trying on out comes the veil, jewelry, shoes and bouquet. They go the extra mile to give them the full view. I know some lovely salons that keep several fresh bouquets on had on the weekends because they do so much to enhance the experience. (Work out a deal with your favorite florist to cross promote)

Caterers, you have to do tasting to close the big ones today. You should do the same thing, set the table, set the ambience.  I know your food is fabulous and should sell itself on its own, but in these times, give it all the additional support you can. Sell the whole experience. Light the candles, pair the wines and bring out the right china to showcase your work.

DJs send put a mix together of music that fits with what they have expressed an interest in; add voiceovers with their names in it. People love to hear their names. I know it sounds lame, but try it.

In  a lot of cases, just the sheer fact that you have gone this extra mile above and beyond what your competitors have done will be the difference in closing the deal.

I know that there are some that will tell you this is crazy talk. They will tell you that your art should sell itself on your reputation. Pfffttt!  That was then and this is now. Do everything in your power not to leave their interpretation to chance. Show them the loveliness so that they can fall in love with “their” wedding.

Building a Better Sales Staff

Your sales staff (even if it is only you) is the final piece of the great marketing puzzle. The care you take in hiring, training and managing your staff can either close those sales or completely undo every marketing move you have made. Staffing is one of the hardest parts of running a small business. Good Staff is hard to find and a bear to keep. What is the small business owner to do? Maybe you need to look differently than you have been.

Your staff is your surrogate; they are your representative to the public. From the way they look to the way they speak you must be sure that they are representing your brand in the way you want it represented. Why do you think that Abercrombie & Fitch has a floor staff of attractive young kids? Did you really think they were hired for their vast experience in fashion merchandising? Right!

Many times we look over resumes and scour applications with an eye to experience and knowledge; that may not be the best answer. You can teach someone the fine points of your products and client base, what you can’t teach is personality.  I do not care how well trained or knowledgeable an employee is if he/she is surly or condescending they are going to turn off more customers than they will sell. Today it is about connecting with your customers. This is true for any staff member that may in any way have anything to do with one of your potential customers. ANY!

Once you have found some enthusiastic people that fit your brand the key is in the training. You should look at training as an ongoing process. There is always more to learn and always more to teach. Each time you take the time to train your staff you also have an opportunity to refresh their enthusiasm. Back in the day when I was still in the hospitality business the wine and liquor companies would come to my restaurant on a frequent basis to showcase a new wine or educate the staff on a flight of cognacs. Each night the chef would prepare a serving of that night’s special for the staff to taste; he would take the time to explain the ingredients and the methods used. They did these things because they knew that there was always a dramatic spike in sales in whatever they had showcased. By training the staff they were creating excitement around a product; they had sold it to the staff. The staff then carried that enthusiasm forward.

Are you having weekly meetings with your staff?  You should be. These can be a great way to inspire them. If you aren’t doing this regularly the first one may not be pretty. Face it, your staff is going to wonder what the heck is up. Once you get them used to it, use the meeting to sum up the hits and missed of the previous week and to get them excited about the week to come. Just like my chefs and the liquor distributor, show case something different each week. Get them excited about it and run sales competition. Keep the tally posted in the break room or by the time clock.

Just as importantly, ask their opinion. They are the ones interacting with your customers day in and day out. They are also to ones that use the systems and procedures you have put in place. Ask them how to improve both their experiences and the customers experiences. Not only will you get valuable feedback but you will also give them a sense of empowerment.

Take a look at your staff with a fresh eye. The better you make them at their job, the more they will enhance your bottom like. The more enthusiasm you can create the more loyal your staff will be. Sounds like a win/win to me.

Last MinuteWeddings. Could That Be Your Niche?

Time was that most brides booked their wedding professionals a year or more out.  That seems to be slipping; couples are waiting longer and longer to book.  This may just lead to an untapped marketing opportunity for savvy vendors.

How nice it is to look at your book and see weddings slotted in for the next 12 months or more. So easy to plan cash flow, so easy to manage your staffing, ah yes so easy. The problem is that our lovely brides aren’t cooperating anymore.  Whether it is a lack of funds or a fear of an uncertain future, today’s brides are waiting until much closer to their date to book a lot of their services.

For the savvy wedding professional, this might be an interesting opportunity.

In the earliest planning stages, a bride has a nearly limitless number of choices. It has been proven in study after study that too many choices can lead to a kind of paralysis causing them to pick nothing. Too many boxes of cereal on a store shelf and the customer is more likely to walk away empty handed. Too many options for centerpieces and she may well dither around and put off calling the florist.

Part of closing a sale has to do with critical timing. You have to be the one they are with when they decide to make a decision. The closer they are to their date the closer you are to that critical timing. What’s more, if they are leaving a very short window you are now in a position to limit their choices. Fewer choices makes choosing for them easier and making the sale easier for you.

Now the question becomes how to position yourself for this market change.

First up, get your business in order to handle this new market.  Know what products you can get on the fly, and know the current market price off the top of your head. Line up a source of staff that you can have on call or on a moment’s notice.  Get together a list of what you can and cannot offer on short notice. Think about this in terms of not only resources available but time invested.  If for instance you are a floral designer, don’t agree to do really complicated designs on the fly, fill your list with arrangement you could make in your sleep or hand off to one of the less experienced members of your team. If you are a bridal salon, have a range of off the rack gowns that are easy to alter. Cake designers can leave the labor heavy hand made decorations out in favor of fresh fruit and flowers. You are creating almost a “pret a porter” list instead of a “couture” list.

Next it is critical that you get the word out. Of course you will create a page on your website and mention it in your ad copy. More important still is to get the word out to the other vendors in your local market. Let them know that you are putting together a special service for last minute events. As more and more couples put off their planning to the last minute, you will become a valuable resource for the wedding planners in your market. If they know that without a shadow of a doubt you have put the people and resources in place to pull them out of a time crunch they will be your undying fan.

It will be hectic and scary at first as you watch weekends approach with no bookings or start committing to taking one more wedding for an already full weekend, but in the long run you will have built a new market for yourself that is likely to only get bigger as we move into the future.

Marketing through Customer Service

The number one complaint I hear from brides is about bad customer service. Have you ever thought about turning that paradigm around?  Just suppose for a minute that the thing you were most known for was the consistent quality of your customer service. Do you think that is a radical approach? I don’t and neither do the folks at Sewell Cadillac.

How amazing was that story? I know you aren’t a car dealership and you don’t stock parts. That’s not the point. The point is that this business has made its name and reputation on its customer service. You can do the same thing if you just decide to focus on it. Build the tools and attitude in to your products on the front end, not as an afterthought.

All too often I listen to bridal vendors complain about being a push over and giving away the store in extra services. ACK! If your customers are consistently asking you to do the same things over and over why not just include it in your base price and do it for everyone. For example, I never charged a delivery charge on a wedding cake, I guarantee you the cost was figured in up front but I was always able to tell my brides, “Oh no, don’t worry about that. We’ll take care of that for you.” The perception was of exceptional customer service. Once you earn that reputation you will command a higher dollar.

The thing about marketing through customer service is you can’t just advertise the “Best Service Anywhere” and expect it to work. You have to live it and breathe it first then let it market itself. It is the perfect thing to generate word of mouth buzz. You know these girls talk to each other. If you drop the ball on a customer service issue you will be all over the forums and chat rooms before the day is over. Conversely, your brides won’t identify the difference in you to be ‘customer service’ but they will recognize how special you made them feel and pass that along to everyone they know.

Take a second to look at it from the other side of the coin. How do you feel about the vendors you use and their customer service?  It is a two way street. If you are getting stunning customer service from on of your suppliers you will most likely stick with them through some price adjustments. You know what I mean, that supplier that pulled your bacon out of the fire on more than one occasion versus the one that said “Too bad, not my problem.” When your fellow wedding warrior asks for a recommendation, which one are you going to refer?

It takes time and an adjustment in attitude to make it work. In the long run it is well worth the effort. There is no better marketing that word of mouth.

Does Your Website Defeat Its Purpose?

Today’s brides come from a very different mindset than those of even a few years ago. If you look through their posts on various forums you will see just how comfortable they are buying online. They do it everyday in their regular life and they expect to be able to do it in their wedding planning. [Read more...]

The solution is now here!

I have spent the last three years working with all types of wedding professionals through Think Like A Bride and consultingThink Like A Bride logo on how to increase their sales. Over that time I have grown increasingly frustrated with the difficulty in finding high quality professionals to implement the marketing tools my clients needed to increase their sales. [Read more...]