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New pictures in the blog's gallery!
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WARNING! This newsletter topic requires a shift
in your perspective.
You must view
customers as active co-producers rather than as a
passive audience.
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Customer participation?? Grin and bear it!
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Build-A-Bear
is an example of how the customer
experience can be part of the value of a purchase.
The customers themselves can create part of that value
before they purchase.
Don't delete
this because you think it has nothing to do with
O&P. Marketing is marketing, so keep reading!
The company, founded in 1997,
operates more than 260 stores in the
US, Canada, the United Kingdom and
Ireland. It has franchise stores in Europe,
Asia and Australia. In fiscal 2005 B-A-B
posted a total revenue of $362
million.
So what, you say?
The company
spends next to
nothing on advertising to drive this revenue -- it
relies primarily on its customers for
growth.
Thanks to a memorable store
experience that fuels a nearly 50 percent
word-of-mouth referral rate, Build-A-Bear
Workshop is exceeding all traditional retail store
growth benchmarks thanks to its legion of customer
evangelists.
Let's apply this to O&P right
now!
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This week's marketing gold star goes to...
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Rick Riley, CP Nice blog! Very patient-centric.
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Feedback - Let me have it!
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Questions, Comments, Concerns, Suggestions - It's all good!
Got a minute? Give a little feedback! What do
you want to read about?
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