fbpx

Business Is Personal

Business Is Personal

Showrooming And the Sales Prevention Department

Last time, we discussed the often forgotten reason for showrooming that happens after price shopping: convenience and time/fuel savings. Remember Kübler-Ross’ five stages of grief? If you’ve forgotten, they are denial, anger, bargaining, depression and acceptance. When applied to showrooming, it isn’t much different. Acceptance and the clarity that accompanies it are where the sales […]

By Mark Riffey
Business Is Personal

Forgotten: What Happens After They Showroom

The last time we talked about showrooming, I referred to a Harris Poll that exposed a conflicting behavior among shoppers. The behavior? “Most” people (70%) say they showroom because of price, yet they often buy locally even if it means having to pay a slightly higher price. That’s right, 70% didn’t choose solely on price. […]

By Mark Riffey
Business Is Personal

Who Needs A Mentor? Not Me!

Thanks to the kindness of a few people and a good mix of intent and luck, I’ve been fortunate to meet a number of people that I consider mentors or significant influencers. In several cases, I’ve managed to work with them in person, via email or phone calls. More often than not, this happens at […]

By Mark Riffey
Business Is Personal

The Big Showrooming Lie

Last time, we talked about how showrooming is impacting the retailer, briefly discussed what causes it and covered how a home store’s effective website selling experience helped me save time by avoiding a trip to a store that couldn’t decide whether it could help me. All the retailers say it’s about price and the research […]

By Mark Riffey
Business Is Personal

Are You Being Showroomed?

If you have a retail store, you’ve almost certainly had people showrooming in your store. If you haven’t heard the term,”showrooming” can be summarized as “shopping at local stores to check out an item before buying online.” – though it takes on different forms. Showrooming includes: Price checking items on the internet while walking through […]

By Mark Riffey
Business Is Personal

Should Your Business Grow Horizontally Or Vertically?

When I see a business focused solely on a horizontal or vertical market, it’s hard not to wonder if that focus is what’s really best for them. What do I mean by “vertical” and “horizontal” markets? A vertical market serves a certain type of customer, even if the work performed for them is of broad […]

By Mark Riffey
Business Is Personal

How to Segment Your Customer List

Have you heard that you should “segment” your customers before marketing to them? Ever wondered what that means, much less how you’d do that? Today, we’re going to talk about segmenting in simple terms, but you might be wondering… Why should I segment my customers? Good question. You want to segment your marketing is to […]

By Mark Riffey
Business Is Personal

Perfect Is The Enemy Of Done… Or Is It?

A couple of weeks ago, NASA celebrated the one year anniversary of Curiosity Rover landing on Mars. Print readers – see the video here: youtube.com/watch?v=JaFZmaXlTV0 As someone who has been taking pictures since the ’60s, I still find it amazing that we can tell a satellite orbiting Mars to take a picture of a Jeep-size […]

By Mark Riffey
Business Is Personal

Experience or Cultural Fit – Which Matters Most When Hiring?

Doctor Obvious says “Hiring the right people is crucial for any small business.” While Dr. O has a point, what the good doctor won’t tell you is what’s most important about finding the right people. What’s more important to you when hiring? Experience? Cultural fit? Attitude? Experience matters Production experience matters, no matter what “production” […]

By Mark Riffey
Business Is Personal

The Forgotten 25% – Will They Be Your Customers?

On average, 25% of US students drop out of high school. I have little tolerance for “being average”, mostly because little changes have a way of propelling you well above average. It isn’t that average is bad, but remember that average is like scoring 50th percentile on a test – half of the people are […]

By Mark Riffey
Business Is Personal

The Most Expensive Refund

During my recent trip to Tulsa, I stopped into a chain drug store (similar to Walgreens) next door to the hotel. When I got to the register, a mom with two young kids was trying to exchange an item she had purchased for a very similar item that had the same price and was made […]

By Mark Riffey
Business Is Personal

The Best Surprise

Hotels often provide fuel for writing and a recent trip I took was no exception. I noticed there were some Goldfish crackers crushed on the floor as I got off the elevator at six this morning. At the time, I figured that the staff hadn’t seen the mess yet. Six hours later as we headed […]

By Mark Riffey
Business Is Personal

Decide Not To Be Typical

Donald Trump has repeatedly been quoted as saying “It’s not personal, it’s just business.” It’s easy to read his comment as cold words from a billionaire bent on grinding through another interchangeable cog in his machine, but I think it means something different altogether. I think it means that his decisions aren’t driven by emotion. […]

By Mark Riffey
Business Is Personal

Winning The Three Inch War Of Words

When I’m on the road, I always take a look at tourism brochure racks. Take a look at this rack in the Havre Amtrak station. Click to view the entire image or see flatheadbeacon.com/images/uploads/tourismbrochurerack.jpg. It’s a typical floor-standing tourism brochure rack that you might see around your town or at the local chamber of commerce […]

By Mark Riffey
Business Is Personal

The Amazon Prime Directive

What did you learn from – and change in your business – after Amazon launched Amazon Prime? If you aren’t aware, Amazon Prime is a membership-based service that provides access to Amazon video-on-demand and free Kindle books from the Kindle lending library – but more importantly, it upgrades all purchases to from regular ground shipping […]

By Mark Riffey