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Issue
338 -
March 18, 2010
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MMIE #338- Start planning now for the Dog Days
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Hello -
You know about the Oscars and the Emmies and the
Tonys, but do you know about the ADDY® Awards?
With over 60,000 entries annually, they are the
world's largest and arguably toughest
advertising competition. They cover all forms of
advertising from media of all types, creative by
all sizes and entrants of all levels from
anywhere in the world.
So a big tip of the McCurry hat goes to our
friend Brian Mundy, creator of the DIMAcast
podcasts which go out each Monday. Brian
garnered bronze awards for both the DIMAcast
podcast and the Octane Creative Media logo.
Congratulations and our ongoing thanks to the
Great Mr. Mundy!
Bill |
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Idea # 1 - A. Nonymous calls in
Bill's comments last week
about making things happen and
avoiding the Doom and Gloom brought
this phone conversation from a
reader requesting to stay Anonymous
. . .
My inventory was up over $150,000 on
December 1st . . . and my sales were
up over $100,000 in December . . .
my inventory was higher than last
year going into January and my
January was up $100,000 in sales
also. End of January it was about
normal so I bought more. It took
guts but I guessed what cameras and
lenses would be hard to get and what
would I not be able to replenish. I
sold (Nikon) D3s, (Canon) 7Ds and
5Ds because I had them. I
know the big dogs eat first so I had
to belly up to the bar and take the
risk. It was a good risk, knowing
these cameras weren't going to be
phased out any time (real) soon.
I had a college student drive over
half an hour to buy a 5D in December
(with cash!) I was the 5th place he
had contacted - he did not even know
we existed - now we may have a
lifelong customer. He came out to us
only because we had it in stock.
Once he was here he could see who we
were and he seemed to be comfortable
with us and like us. Yes these
cameras are really low margin - but
when we added on PROMASTER
accessories like the filters,
batteries and the remotes we doubled
or tripled our margin on the sales.
What many retailers forget is that
2010 is different - if you
don't have it in stock the customer
can get it on-line quicker than you
can get it from your wholesale
source. So we're paying more
attention to being sure we have the
hot stuff in stock. . . and when we
get it we watch it like hawks so if
the market shifts we can move it
out, even if it's to fellow PRO
members who will help us move
inventory. Inventory management is
critical.
Sure, our advertising was tweaked,
yes we hope our people were more
attentive . . . but without the
product on hand for immediate
delivery we wouldn't have been able
to make these sales. |
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Idea #2 - Our "dog days" are great!
Steve Wormser - Stephen Wormser
Photography and Custom Framing -
Redlands, CA, USA -
http://www.stephenworserphotograpy.com
Chris & Bill,
Here is some info on our Dog Days of Summer.
We do a fundraiser for our local
animal shelter every year. The
fundraiser is done on the last
weekend in July. It is done during
one of our slower times of the year.
It gets people in the door, helps
out the shelter and is good PR in
the community.
People in our community pay $50.00
for a photo session for their pet.
$25.00 of the session goes to our
animal shelter. They receive 1 5X7
photo from their session that we
pick. The session is scheduled every
5 minutes with the exception of the
last 10 minutes of the hour. The 10
minutes gives you a little break,
plus helps you if you are running
late. The pets are photographed on a
white vinyl background. It is easy
to clean up if something happens!
95% of what we photograph is dogs.
We do photograph some cats and other
animals. On Saturday we set aside 1
hour for cats and other animals in
the morning. On Sunday we set the
hour for the afternoon.
Customers come back in a week to
pick up their photos. At the same
time we put all of the photos we
take for each client on line. Around
20% of customers order extra photos
of their pets. We also offer notes
cards, bookmarks and coffee mugs.
We also produce a 12-month calendar
for the animal shelter with the
profits going to the animal shelter.
The pets for the calendar are picked
through on line voting. We send our
clients a link to a voting website.
They can send that link to their
friends to vote for there pet. We
only allow one vote per pet per
e-mail address. Last year we
collected 500 e-mail addresses just
from voting. We then have a big
party to introduce the calendar. Our
mayor announces the winners one
month at a time. The average person
who has a pet in the calendar buys
10 copies. They are also the same
people who buy a lot of the extra
photos, note cards, bookmarks, and
mugs.
The book mark is 2"x7". We scanned a
piece of mat board to come up with
the background. We can print them 2
up on a 5x7 print, then we laminate
them. We sold 67 of them last year -
almost one for every dog we
photographed. |
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Idea 3 - the handouts from sessions at
Anaheim.
To save paper, DIMA and PMA
educational sessions have eschewed
paper handouts. The handouts are
available on line at
http://www.pmai.org/pma2010sessionhandouts/
That's especially handy if you
didn't clone yourself to be in 2
places at one time!
The MMIE will leave this link here
for a few more issues, then you'll
have to visit the archives to find
it. |
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Calendar of Industry Events
May 4, 2010 - NY/NJ PMA Division
offers Insights, Solutions and
Answers For Profitable Spring/Summer
Sales. Begins with Dutch Treat lunch
at Ft. Lee Doubletree 12:30 PM. PRO
and IPI will have members-only
meetings 2 pm-6 pm. Dinner 6:30 pm,
followed by Spring Ahead - Catch
The Cash Industry guru Bill
McCurry reveals what's new that's
working from around the world. He
also uncovers the gems from the past
that are still working and shouldn't
be overlooked. Fort Lee, NJ, USA.
For further information or to
register contact Alan Neiderman
alan.niederman@kodak.com
June 3-6, 2010 - PMA Australia,
Melbourne http://www.pmaaustralia.com.au/
June 11-13, 2010 - Save the Date
for Dixie Division of PMA.
Atlanta, GA area - details to
follow!
June 21-24, 2010 - IPI Members'
Retreat and Supplying Partners Trade
Show, Henderson, Nevada. By
invitation.
July 16-20, PRO Members'
Convention and Trade Show,
Cleveland, Ohio - By Invitation
November 15-17, 2010 - 6Sight
Conference - San Jose, CA, USA -
http://www.pmai.org/6sight_09.aspx?id=15274
September 21-26, 2010 Photokina
in Köln, Germany.
http://www.photokina-cologne.com/
September 22-25 - CEDIA Expo,
Atlanta, GA
January 30-31, 2011 - DIMA
Conference, Las Vegas NV USA
February 1-3, 2011 - PMA
Convention and Trade Show, Las
Vegas, NV, USA |
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Remember to send us your marketing ideas, as
well as comments on those ideas posted by
hitting your reply button or emailing to editor@mccurryassoc.com.
Your colleagues may also get the newsletter free
in exchange for submitting ideas. Give them this
link to sign up but remind them they have to
share:
http://photoimagenews.com/mccurry.htm
Please Enjoy, Consider and Profit from these
ideas.
All the Best, Bill
William J. McCurry, Chairman
McCurry Associates
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