In getting ready to write my newsletter for this month, I
went back and forth, as to what I would write about. Finally, I settled on the best topic for you, Planning your
retail promotional calendar and why it is important to focus on this in March
(If you haven't already planned your calendar of events for this year). It is the last month of the first
quarter, and with two months, already well behind us there is no time like the
present to re-energize your business.
Being proactive in 2010 means, making things happen; in this
case, making the door to your store open.
Promotions drive business, getting existing and new customers coming
through your door more often. I
would like to challenge you to set your promotional activity goals to effect
customers coming into your store monthly, or weekly, if what they buy from you
is within that shopping cycle. You
must have a full promotional calendar with 2 to 3 events happening every month.
The best way to start is to review what you did last year,
looking to see what promotions worked and which ones did not. Now a promotion can be many things, not
always driven by a sale. It can be
an event, a new product launch, a referral program, a loyalty program, a
customer appreciation day, demos, or a trunk-party, just to name a few
ideas. If a promotional event
worked well last year, it gets to come back this year, so start there. Yes, use an actual calendar to help you
plan the flow of your promotions.
Here are a few event ideas from the Chase Calendar of Events:
March
St. Patrick's Day
Passover
Easter
First Day of Spring * (it's worth celebrating)
March Madness
Academy Awards
April
Baseball Opening Day
Good Friday
April Fool's Day
Tax Day
Earth Day (I love this idea)
The Masters (Golf)
Prom
May
Mother's Day
Victoria Day (Canada)
Memorial Day
Kentucky Derby
Season Finales for Television
Teacher Appreciation Week
If you are looking for other ideas to fill your promotional
calendar, write, I would be glad to send a few of my best.
So just to wrap this up for you; take 3 hours this week, out
of the 5 I have coached you to set aside each week to manage your business more
effectively, and start that promotional calendar. It will drive your business. Being proactive means, taking control of what happens to
your business.
Please make sure you enter my Retail Makeover Power Hour
Contest ... info just below.
Helping you create your own economy.
Best
Barbara
North
America's #1 Retail Business Coach