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Privacy Policy |
Raising
the Point of Entry for Competitors!
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I recently
had a conversation with the owner of a car wash who expressed a concern
that many owners have expressed in the past: new car wash competition.
It seems that there are new washes opening everyday and owners are
concerned about shrinking market shares. The fact is that owning a
car wash is a pretty good thing. On the whole they make money and
that is why most if not all owners are in the industry. So it is unrealistic
to expect this to be a well kept secret from the outside world. After
the recent debacles on Wall Street, it makes sense that investors
may continue to look for new venues for their dollars and that some
of these investors may stumble into the car wash industry.
This influx
of new blood means that established owners have to seriously consider
every aspect of their operation and how to not only deal with competition
but also how to discourage it. Now let's talk about the birds and
the bees! In nature the male of the species goes to great lengths
to win their mates. Birds puff themselves up and shake, dance, and
sing. Mammals show great ferocity to show not only the potential mate
they are the best selection but also their competition. Many male
of the human species purchase large diamond rings that put would be
suitors of their women squarely in their financial places or raise
the point of entry into the competition.
Now we have
reached the point of this article, raising the point of entry into
your market. It is only natural for us to flex our muscle, growl,
scratch and paw the ground, and throw dirt into the air when our territory
is threatened. The problem with this example is that these antics
usually occur when a competitor shows up. In the car wash industry
just as in nature the would be suitors of your customers are lurking
around the corner and when they show up it is often too late. Sometimes
the first warning you have is a project sign or the lot clearing.
This is wholly bad timing to throw dirt in the air. Instead of coming
off as a intimidating foe, throwing dirt now just looks like sour
grapes.
No! the time
to get rid of a competitor is the Barney Fife way. "Nip it the
bud!" As an owner if you raise the point of entry financially
you limit the pool of persons who can open a wash and compete at your
level. The grand reputation you build for your wash just as in nature
will scare most would be interlopers away. Mission accomplished!
Now how can
a sign help do that? The answer is simple. By properly branding your
site and by a properly designed and well executed sign program you
may just scare away the competition. Every sign program should be
revisited every 7.5 to 10 years by a qualified sign professional.
Images should be updated and refreshed. Signs should be bright and
beautiful and well maintained. Electronic messaging and time and temperature
units raise the bar. They also train everyone including potential
wash owners to look at your site everyday.
Make these
new people to find new earth, less crowded, wide open spaces where
they can roam free and will not find a fierce guy like you defending
his habitat. This is no time for owners to retreat. Put you game face
on and I mean on your business!
Don't make
the mistake thinking that your business is not susceptible to such
attacks. Get busy today. Brand your wash. Build reputation. Flex your
muscle. Raise that car count. Enjoy new profits while scaring away
that rookie. Start at the street with sign. Studies show that you
may enjoy, as much as, a 15% increase if you install a new properly
designed pole sign! Making money while competing strongly is a fundamentally
sound business strategy. Seize the opportunity to raise the point
of entry for all would be competitors!
Perry Powell
is an independent sign consultant to the Car Wash Industry. He can
be reached by:Telephone: 817-307-6484
Email Perry
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