Let’s say you are in a leadership role in a growing company. Good for you! Whether you are in purchasing, marketing, sales or the C-suite, this might sound familiar. You have worked hard to create a logo and brand messaging that works. The key players were all involved. You might have worked with an outside firm, or handled it with your internal team, but now you have a logo that you love. The colors are perfect. The feel is just right. And you have even created a set of brand guidelines that make sure everyone understands what you can and can’t do with your beloved brand. This is awesome…it’s how you create a tribe!
Then one day you see something that is very upsetting.
You are walking through the halls of your beloved institution and you see a fellow employee wearing a shirt that CLEARLY is outside of the brand guidelines! At first, you think it’s just an anomaly…but then you see another. And once you see it, you can’t unsee it. There is “off brand” merchandise all over! Apparently, a rogue manager (with the best of intentions) wanted to appreciate their staff, so they went and got some branded merchandise on their own. Since there was no clear internal option to make this happen, they did it on their own…and the logo brand guidelines got flushed down the toilet.
This is every brand manager’s nightmare. And this is just one good reason to create a company store.
A company store is an online e-commerce solution that offers branded merchandise for members of your organization to order. Done right, this solution can be simple and easy to use. And it will help to decrease the number of times that well-intentioned managers will “go rogue” for branded merchandise. It gives members of your team a place to shop and find curated branded merchandise that is consistent with your brand AND can be vetted to make sure you can imprint the correct information. While they do take some time to set up, they can help both marketing and purchasing be sure that promotional purchases are done right.
Understand the Kinds of Company Store
If you want to create a company store, it’s important to know what kind you want. While there are plenty of variations, let’s stick with two basic types of stores. These are inventory versus non-inventory stores. Both types of stores have their place, but you need to understand them before you pick the one that’s right for your organization.
Inventory Store
An inventory store is where you (or your promotional products partner) order all of the branded merchandise in and warehouse the items. Then, as people from around your organization order, the items can be shipped out “on demand.” Sometimes these items are warehoused at the customer location and sometimes the promotional products partner manages that. The advantages to this kind of store are speed and minimums. Simply put, if you have the item imprinted, done and warehoused, you can ship them to your team right away. In addition, if you just want one shirt, this is a very easy way to do it. You can order just one.
There are several disadvantages to this type of store too. First, someone has to purchase all of these items up front. Whether it’s the customer or the partner, someone is on the hook for these items. So if at the end of year these items don’t sell, you will ultimately own them. So you better be really good at choosing items AND the quantity you will warehouse. In addition, someone has to warehouse the items and manage the items. For larger organizations, this financial commitment might be easy enough. But for smaller organizations this can be a big cash flow challenge.
Non-Inventory Store
The other option for a company store includes the non-inventory store. This option has become more and more popular over the last several years. It allows companies to address the brand issues that arise at the beginning of this post without having to commit to large amounts of branded merchandise each year. In this option, a company creates an online store with curated products that match the company brand. Then, as departments need to order, they can order from these selections with a manufacturers minimum. The order is then created “on demand” and the customer is only billed for the items as they are created.
The downside to a store like this is, you don’t have these items on hand. So time and minimums are more of a challenge (though both can be mitigated). If you just need one last minute polo for a golf outing, this is not a great solution. But if want to manage the brand, manage budgets and keep control on both, this can be a great option…even for smaller organizations.
So now that you know what kind of company stores there are…how can you make a good one? Here are a few tips on creating a company store.
Include the Basics
When you are creating a curated collection of items for your company store, don’t out think the room. Yes, you might want to include some cool and hot new products in the mix. That’s great. We are in favor of that. But don’t forget the foundational products that most people want and need. You will want to include a drink ware, writing instruments, and apparel. These are staples. You want to have items that are functional. I would also recommend getting multiples in a couple of these categories. While you may love a Nike 1/4 zip (and I do) not every budget will allow for that. Give people basic options so they can use the company store without breaking the bank.
Keep It Simple
On the other hand, though you want options, you don’t want TOO many options! Keep it simple. Just like at the grocery store, if you give people too many options, they might not be able to choose at all. It’s a delicate balance. And remember, you can always add items down the road. Which leads nicely to…
Update Items Seasonally
If you want people to continue to check out your store (and ultimately stick to the brand), continue to add options. I recommend adding items at least once a quarter. First, this gives your team some new ways to award their team and promote your brand. In addition, this is part of the fun for you! Be on the lookout for cool new items, or have us do that for you! This is a great place to add items to the list that are missing…or give you a place to try more “off the wall” items that might fit during a time.
Get Feedback From the Troops
When it comes to your organization’s company store, your team members are your customers. Listen to their feedback! While you won’t be able to add every single item that is requested, you will likely see some themes. Giving your team input into the items that are on the store will give them more ownership in the idea. That makes it more likely that they will stick to the program and won’t go rogue again!
These are just a few tips on getting your company store up and running successfully. If you want to chat more about whether a company store is right for your organization, we would love to talk!
One of the buzzwords that is thrown around a lot in business today is the word “culture.” I actually love that. It’s important because it speaks to the environment around the organization…and how everyone feels about their work. When you create a successful culture, you have the ability to create a tribe. If you have done that…congratulations.
And when you create a company and a brand that people are proud to represent, something cool happens. Your employees will actually WANT to wear the logo. In fact, they will often be willing to pay their own money to buy branded merchandise with the organization’s logo on it! That shows a powerful culture.
If you find yourself here, then it might be time to create a Employee Sale.
An employee sale is a fairly straight forward exercise. It’s not a new concept. You would select some items that could be imprinted with the company logo on it. Employees have the opportunity to select items for themselves. You would curate the items and the way they would be imprinted. This allows employees to select items that they would be excited about using or wearing, while you get to manage the brand. While the concept is not new, the technology has improved. Now you can create an online shop to help you manage this process in a much more efficient way.
But an employee sale can really get out of control. When they do, they can become a real nightmare to manage. And when that happens, leaders often throw up their hands and say “no more!” That’s a shame. Because if you have created a culture and a tribe that want rep your brand…you want to help them!
So here are a few tips on creating a successful (and less painful) employee sale.
Keep It Simple
One common mistake I see with employee sales, especially the first one, is to try and include everything. The more items you include, the more you have to manage. What I recommend is to keep it simple and include the basics on the first sale.
I explain this to everyone when we start this process. They always nod and say “Yes. That makes sense.” Then when we select products, they ultimately want to include 20 or more items. It’s easy to do! First, we are excited! Second, we have everyone (including our boss) making special requests to be included. Then you look down and have a ton of options on the table. This is what most often leads to frustration. Trust me. Keep it simple. You can always add the special requests on the next sale. This leads nicely to…
Do Them Every Quarter
One of the ways to manage the requests and the expectations is to let everyone know you will do these sales consistently. That will allow you to add special items to the “next time” list. In addition it allows you to add seasonal items. Things that people want in December are not what they want in July. If you do the employee sales every quarter, you can help manage the items and the expectations.
How Do They Pay?
This may sound simple, but there are several ways to do this. There is no “right way.” But it’s important to figure it out up front so that both the team and the vendor know! One way is that the company gives everyone the ability to order the item…and the company pays. Another popular option is to allow employees to order what they want and then deduct the cost from their pay. This payroll deduction option is one of the most popular. Finally, you can let employees just pay themselves. The employee sale can be set up with a credit card option to make this work. Either way is fine…but this needs to be worked out in advance to avoid confusion.
Test and Test Again
Just like any other online product, your new store needs to be “proofed.” You need to look over it with a fine tooth comb. Are the colors right? Is the logo the one I want? Then run a few test orders to make sure the site works like you want it to. You will likely be the first person people come to when they have questions. So make sure you have used the site and can answer the basics.
Be Patient
As I write this, we are in the middle of the COVID crisis, so everything is colored by this time. Stock for nearly all suppliers is a challenge. Delivery times are tough and shipping has been delayed. I wrote about this here. But even in normal times, an employee sale has a lot of moving pieces. There will be hopefully fewer if you took our advice on keeping it simple, but there are still lots of individuals, ordering lots of items, with different imprints. That means things can be confusing.
My advice is to be patient. Your tone will be powerful in your organization. This is a spot to under promise and over deliver. When you are talking about delivery times, give yourself time. The order will not be placed until the Employee Sale closes. After that, give yourself 3 to 4 weeks to expect delivery. When you say that from the outset, you manage expectations and headaches. If then, the items come in sooner, great. But expect the unexpected. It will decrease your stress and the amount of emails you have to answer about the items.
Creating and hosting a “slam dunk” event for your company or organization can have a huge impact on your success. This has been a foundational concept for years. But now 2020 has happened, events can look very different. So how can you create a virtual event that rocks? Let’s dig into some ways to create an event that is one to remember.
Let’s start with a note. When creating a virtual event, you need to understand that it’s not the same as an in person event. That’s okay, but it’s really important to understand. The more you try to “recreate” the in person event, the more you will struggle. It’s a different animal. So as you imagine what your event will be, and what you want it to accomplish, remember that your attendees will not be “with you” in the physical sense. So creating an experience that meets them where they actually are is critical.
With that being said, whether it’s a fundraiser, an educational event or an thank you party, a well-run event can help increase loyalty and
create revenue. But just like anything else in business, if you want to have an exceptional event, the devil is in the details. Let’s talk about a few of these details on how to create a virtual event that hits the mark.
Create Your Theme
Most successful events (whether in person or virtual) have some sort of theme to build around. The more fun and creative the theme, the more you can build it up. So spend some time around the brainstorm table and come up with a theme that really moves the needle for your audience. And because this event is virtual, I love the idea of building around that.
After you have created the theme, you can take it to the next level by creating an event logo. You don’t have to do this, but it helps to brand everything at the event and make it feel “first class.” And you don’t need to spend big bucks on this. Have a staff contest and come up with something fun and simple! It will help to improve the overall impression of the entire event.
Each year, our company hosts a Customer Appreciation Show. The event has evolved from a strictly “thank you” event for our customers, into a real business event complete with Trade Show set up and a speaker. But this year, 2020 happened. So we decided not to host the in person event. Instead we decided to create an virtual event we called the Hasseman Marketing MasterClass. The event featured amazing speakers, some really cool break out session, and even a vendor area. As you can see, we created a theme and a logo to kick off this inaugural event with a bang.
Staff Uniform
The theme also allows you to start thinking about what the staff will wear. Now you might be thinking “If we are not in person, why do we need to do this?” Fair. But I think by creating a “uniform” that stands out, your attendees can really see your team unity here. It’s great that we have been able to be more casual in working from home, but I don’t think your organization’s event is the one where every one should be wearing sweatpants. It does not have to be fancy, but it’s just a small detail that can make it look sharp.
Pre-Event SWAG Box
One of the reasons to create an event logo is to create a pre-event swag bag (or box). With a virtual event, I think this is more important than ever. We have all been invited to an infinite number of Zoom meetings. While this technology has been a Godsend, we are all tired of them. This box of branded goodness can help to not only increase your organizations brand awareness, but also improve excitement for the event..
Another reason to create this swag box in advance of the event is the promotion you will get on Social Medial. Obviously, you want to promote the items you will be giving away. But if you create a box of branded merchandise that delights, then you will get your attendees and customers to tell the story for you! Help them. Create a card to include in the box to explain the items and to ask them to post their goodies. My suggestion, create a hashtag for the event and ask them to use that when posting! This allows you to track the content and helps to build excitement in advance of the event.
Choosing The Platform
At an in person event, the venue is really important right? Well for a virtual event, the platform is your venue. A platform that is easy to use is really important. And having technology that has the details thought through can really help you shape the flow of the event. We used the platform Hopin and I really liked it. More than just a zoom meeting, Hopin allowed us to mimic the flow of a normal event in order to keep the pace of the event moving. With a virtual event, I think pace really matters. When people can simply get up and walk away from their computer, you better keep them engaged.
At The Event…First Impressions
I know I am dating myself, but I remember a scene from the original Karate Kid movie. Mr. Myagi was teaching Daniel-san to shape the Bonsai trees. He told Daniel-san to close his eyes and imagine what the tree should look like. He told him to see it like a picture. Then he told him to open his eyes and “make the picture.”
That’s a little like planning any event. Close your eyes and imagine all the details of the event. Now go make the picture.
Here are some quick questions to ask yourself:
What do I want people to see first when they “enter” the event?
What do I want them to hear?
How do I want them to interact?
A virtual event is different, so it’s really important to be intentional. We felt it was important for them to be greeted into the event. It was going to be the first time many of them used the platform, so we wanted to explain it to them. How was the day going to go? What could they expect? During a virtual event, some people are going to struggle with the technology, so you need to over communicate.
Preaching Patience
One piece of advice I got when planning the event was to “preach patience.” This advice came from some of the early adopters of virtual events…my friends at Commonsku. These folks were some of the first to create really great virtual events…and they continue to up their game in this area. As they told me, there will be technology glitches. You are dealing with hundreds of different people, with different computers, and individual internet connections. Things will go wrong. From the very beginning of our event, we tried to explain that. We told them to refresh if things locked up…and where to reach out if they struggled. It was not perfect, of course. But overall, the event went off well. Oh…and if you want to hear their take on virtual events from them, check out this podcast.
Follow Up After The Event
In almost the entire business world, most people fall on their faces in the follow up. So make sure you have an actual plan in place to thank your attendees for coming. Often this can be done with a simple email campaign to recognize that you actually did notice the participants were there. But if you have a few select clients, this might be the place to take it to the next level.
Create a quick mailer with one last premium (with the theme) that goes to your “target list” or your “top clients” or whatever. Just one last touch like this will not only make your event (and your organization) stand out, but it will also provide one more “lasting impact” piece for their desk, office or home.
As much as we would love to imagine that all of these COVID restrictions are going away, I think that is naive. We need to be prepared to keep being creative when it comes to business. I hope this helps you think about how you can go to market and create a virtual event that rocks!
But one simple truth (or advice) from this friend.
If you want to order gifts, don’t wait for this year to end.
So click an email, send a text, pick up the phone, or go online to shop.
But let’s take care of our customers and teams and hope this madness will stop!
This little poem I am calling “The Nightmare on Merch Street” is just a light hearted attempt to share some important information. As we said in this blog, this year has been a tough one. We need to show our appreciation more than ever. But it’s a tough time to do it…that’s for sure. So if you are planning to order your appreciation gifts, this is NOT the year to wait to the last minute. Otherwise, you might be facing your own Nightmare on Merch Street!
It’s important for our lives to be based in truth. If we want to be effective, productive and happy, it’s important for us to operate as things are…not how we want them to be. That’s why I wrote this blog discussing “now that we are here.” With that in mind, I want to give you 3 Facts about Corporate Gift Giving in 2020.
It’s More Important Than Ever
We are unapologetic fans of showing appreciation. Of course we are. It’s the business we are in. But we also believe there is an appreciation gap in business today. We talk about that here. But this year, we are asking employees to work more with less. Some team members have been laid off. Others have taken on more responsibilities. It’s what we have had to do to survive. At the very least, we are all working in an incredibly uncertain and stressful time. We need to show them how much that means to us. And for customers that is doubly true. These are our truest supporters that have continued to do business with us…and we need to make sure they know how much we appreciate it.
It’s Harder Than Ever
But here’s the thing, while it’s more important than ever, the fact is it’s harder. Many people are still working from home. We can’t do the traditional holiday events or parties. Even if we can, these events will look small or different to say the least. If we want to give our team a gift, we have to create new ways to deliver them and make them fun. It’s a real challenge. There is no getting around it. (With this challenge in mind, we created this site to help).
It’s Important To Order Early
While we are always a fan of planning in advance, this year it’s a must. As an industry, we are starting to see challenges with delivery times for many orders. Because we HAVE to ship to more and different locations, it’s become a challenge for delivery. As a matter of fact, UPS and Fed Ex have already acknowledged it’s going to be an issue.
In addition, the stock of many items across our industry has been a huge challenge as well. Why? Because when the pandemic began, all business in many (if not most) industries stopped. The promotional products industry was no different. So suppliers shut off orders from overseas to manage space and cash flow. When the economy started to open back up, many suppliers took conservative bets on what to order in. It’s a smart move. But it has created stock challenges on some items. What does that mean to you? It means the item you are in love with for you team might be out of stock. You either need to order before it is…or get ready to change to a new item quickly so you can still show that appreciation that is more important than ever!
So those are 3 Facts about Corporate Giving in 2020. They are realities we all need to deal with. Please be patient as we help you try and navigate these strange waters with you. Again, if you are interested in seeing a solution to delivering the gifts, check out this site we have created. Everything on the site is “all in.” It includes the price of the items, imprinting, setup fees, and shipping to your team member or customers door…all in.
I was sitting at my desk, with the feet up, listening to Mike Michalowicz speaking at a recent Commonsku at Home event. Mike is one of my favorite speakers, thought leaders and authors in the business space. He has written several must read business books including The Pumpkin Plan and Profit First. When he said he is working on a new book about marketing, he had my attention. It was then that he told us about the most powerful word in marketing.
Mike’s new book (still in production) will be called Different is Better. The concept is simple. When there are thousands of options in nearly every business space, how do you stand out? It’s not just about being better (though that is great). It’s about being different. You must do something to differentiate in the customers mind.
Simple right? As we know, simple is not the same as easy.
While I am excited to dig into the book and try many of the tactics Mike discussed, there was one thing that caught my attention. One way to stand out in a sea of competitors is to use the most powerful word in marketing. What is that magic word? What simple word can you put on a piece of marketing that will wildly increase the likelihood that your customer will not only read the piece, but maybe also KEEP it? Let me give you the word…
It’s your customer’s name.
As Mike suggested, we are all attracted to our own name. If we are in a conversation with someone in a crowded room, and someone mentions our name, it will break through the noise. We will hear it. Our name is special to us. It gets our attention. It makes our customer feel important…because they are! If you want a simple way to make your marketing more effective, personalize it. It’s the marketing equivalent of listening to Beyonce and “putting a ring on it.”
The implications of this are simple and powerful. If you are going to create a direct mail piece, you are more likely to get it opened if it actually says the customer or prospect’s name rather than “current resident.” And if you are created a piece of branded merchandise to say thank you to your customers (and you should), what if you personalized that as well? If you create a vacuum tumbler with your logo on it, how much more would it mean if each customer, team member and board member had their own name on it? The effect will be powerful.
And as a side note during this pandemic, it’s safer. If each person has their own tumbler (or other branded piece), then there is a much lower chance of someone drinking out of the wrong tumbler and getting sick.
So now that we are in appreciation season, consider using the most powerful word in marketing to increase the value of your branded gift. Use your customer’s name and personalize your gift for even more affect!
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