Archive for the ‘Marketing’ Category

What can florists learn from Las Vegas casinos?

Saturday, June 12th, 2010

If you have ever visited Las Vegas you may have come across Harrah’s casino — it’s hardly a standout against the palatial Venetian and the Wynn buildings. But it has consistently been one of the top earning casinos on the Stip. So how have they managed to keep up business in an era of billion-dollar competition and what can a florist learn from them?

The secret of Harrah’s success has been its Total Gold loyalty program. The program was launched in 1997, against the backdrop of tremendous investment, spurred by more relaxed gaming laws. Harraha’s was about to be made obsolete by huge competitors with deep pockets creating glitzy buildings and luring in brand name celebrity performers.

Harrah’s realized they could try to invest in infrastructure to lure in new customers — or they could invest in their existing customers. Instead of following the lead of the competition, they developed a loyalty program powered by sophisticated IT. The results? Billions of dollars in extra top line revenue over the subsequent five years, and hundreds of millions in additional profit.

Every local florist has thousands of customers — but what are they doing to lure them back every month? Carefully targeted marketing emails and loyalty points should be at the heart of any small businesses arsenal to compete against larger, better funded competitors. When thinking about customer loyalty, think about how they do it in Las Vegas.

Staying In Touch With Flower Buyers – Through The Order Journey

Friday, September 18th, 2009

When you buy the latest Harry Potter bestseller on Amazon, you know the intimate details of the order process, from the day and time it leaves the warehouse to the exact moment it is hand-delivered by FedEx at your door. So why isn’t it the same for the flower business? Actually it should be. Why do Amazon and FedEx offer this service to customers to update them on the status of their order?

1. Because it is a good way to advertise their brand.

2. Because it’s good customer experience.

3. Because it stops customers from calling to check up on their order. Amazon-Fedex-Local-Florist

So why don’t florists do the same? Well most of them are not set up on the scale of an Amazon or FedEx, so they don’t have the tools to give customers the same kind of experience that the big guys do. But the reality is that it’s not so difficult to offer this kind of service if you are set up with the right ecommerce infrastructure. The advantages of keeping customers informed about their purchases are clear. Florists can use these tools to give their customers a better experiece – which will bring them back a second time. Update emails serve as free advertising. And, especially at busy times like Mother’s Day and Valentine’s Day, these emails can stop the customer from calling in to check on a delivery – and prevent the prospective customer from getting a busy signal rather than a live person.