Thursday, May 07, 2009

Five Serious Problems In The Retail World

I happen to be a big fan of Seth Godin – author of such books as All Marketers Are Liars and nine other bestsellers in the area of Marketing. I read Seth’s Blog religiously as it gives quite a great take on how we are exposed to marketing messages daily and how marketers are finding new and unique ways to cut through the marketing clutter to reach us and convince us to buy their products and services. It helps me to better understand why we are, as consumers becoming increasingly frustrated when it comes time to make a purchase and how the marketers seem to be becoming complacent with product selection and how most seem to be competing in the same price arena.

Because of the tweaking of my marketing mindset, I notice and pay attention to businesses more and how they conduct business. I have come to notice five things that are becoming quite disturbing.
  1. For the most part, you will find the same products in virtually every store - all relatively close in price. That means that the selection of brand names is fairly limited in an effort to not keep a competitive edge in the market but instead be only as good as the competition. Business seems to be spending more time focusing on their competitors (and keeping the same stock and price) and not focusing on the customer and offering something superior.
  2. By keeping price-point as a key component of being in business, the cheapest price usually wins. Unfortunately, cheapest price almost always means cheapest quality. You’ll be back looking for a replacement before long.
  3. Although you may find the item you’re looking for a store by visiting their web site, there is no guarantee that the item is in stock. Don’t trust the “Check Store Stock” option on a web site. Inventory tracking isn’t working the way it is supposed to. You may think there’s one in stock, but when you get there it isn’t, so most people end up buying something else in its place. (Always make the phone call first, get them to physically check to see if it’s there, offer a credit card number to hold the item and then go get it right away.)
  4. High-priced quality products don’t sell well in a Wal-Mart priced world. If it’s quality you want, you’ll need to find it on-line from specialty stores and have it shipped to you. Otherwise, it’s a frustrating experience.
  5. Businesses only seem to stock what they think you should buy, not what you want to buy. You only get to choose from a series of inferior products.
Try Googling “reviews on breadmakers” and you’ll find Zojirushi makes the best one. You can’t buy them in stores. You have to order them from one of only two on-line stores in Canada. But almost every department store carries Black & Decker or Sunbeam bread makers – terrible quality items that reviewers warn people to stay away from. There’s a reason why they are one quarter of the price of a Zojirushi.

Air-O-Swiss are the world’s best humidifiers. Again, you can’t buy them in stores. They’re expensive and the highest quality and people apparently don’t want quality. Go online and get Air-O-Swiss shipped from California.

ATTITUDE ADJUSTMENT: Are you in business or are you just giving us the illusion of being in business? We, as consumers have more access to more information, and we are educating on-line before we go shopping in-store. By the time we get to your location, we need a cashier – not a salesperson.

Are you offering your customers the exact same product or service as your competitors? Are you willing to stand out, be different, offer service over and above and offer a superior product? Do you make a customer for life or for just a few minutes? Is your product or service just good enough or is it head-and-shoulders above everyone else?

Service is an Attitude. Customer Service is a department. You should be tired of accepting sub-par service and products. Give your business to those who offer quality and who demonstrably show the “Service Attitude.” You can spot these marketers a mile away. They are the one’s who carry what you WANT to buy – not what they TELL you you’re going to buy.

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