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Issue 206 - May 31, 2007

Bill McCurry
McCurry Associates
wmccurry@mccurryassoc.com

609 688-1169

 

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  The Devil (and the PROFIT) is in the details
Ideas for the photo/imaging industry May 31, 2007

 
  Hello

Welcome to Issue 206 of McCurry Associates' Marketing Idea Exchange.

Please send us your marketing idea as well as comments on those ideas posted by hitting your reply button or emailing to editor@mccurryassoc.com. You may offer free subscriptions to your colleagues by sending them this link: http://photoimagenews.com/mccurry.htm

Please Enjoy, Consider and Profit from these ideas. All the Best, Bill

 
 
Idea #1 - Trying to wait out the media sales people -

Steve Weiss - Creve Coeur Camera - Creve Coeur Camera, Inc - St. Louis, MO - www.cccamera.com

Idea from the Midwest . . .

We have held back on 10% of our advertising budget this year for last minute deals.

Weekly we are given offers to participate and advertise with the stations and others.

We negotiate hard when the stations make us offers. Several have come to us with $4000 deals for which we have paid nothing and only given 200 disposable cameras to the event.

Given the difficult times we face today . . .don't forget . . . they too (the radio and TV stations) are in a similar situation with the onslaught of digital radio, XM, cable TV and others.

Make crazy offers and they will get accepted . . . and if not . . . move on.

 
 
Idea 2 - Push those profitable 2nd sets of ID photos

Steve Zweig - Penn Camera Exchange, Inc. - Beltsville, MD - www.penncamera.com

Recently Phil Rigby from the UK mentioned selling the extra set of passport photos. We started that about 8 months ago and it's been a pleasant surprise.

We charge $11.99 for the original set and $6.99 for the copy. I was amazed to see customers purchase multiple copies (5 was the largest). It's "found money". Right now we're running about a 30% success rate in selling the 2nd set so there's still lots more room to grow.

We spiff the 2nd set $1.00 each.

editor's note: a "spiff" is a special incentive to sell a particular product.

An interesting low-tech, low-cost item we discovered at CES is the Rainsleeve from Optech. Two Rainsleeves are packaged together for a MSRP of $6.99 - we felt this deserved to be sold at $8.99. We encourage our customers to keep a package in each gadget bag they have and in their glove compartments. A very clever consumable product.

 
 
Idea # 3- Could we team up on photo finishing?

Patrick Lam - Charms Imaging - Philippines

Hey Bill!

During my stay in the US I remember that stores like Costco, Walmart and other big companies were able to offer receiving of files from one store to be printed in other stores around the country. Of course, most lab owners can not offer this service because they only own one or two stores within their state.

But, as I was in DIMA/PMA I met people from different city and states, if some people would like to cooperate with each other and form a group, that group would allow its members to be able to offer this as an added service

 
 
What's the difference between hominy and a homily?

Those of you who know are probably on the road today, heading to the PMA Dixie Division Annual Meeting in Virginia June 1-3 for 2 chances to hear the best of McCurry - and maybe a one-on-one business counseling session.

Saturday morning - Best of DIMA 2007 Expanded and Updated -

Bill expands on his popular DIMA '07 session nicknamed "33 Money Saving Ideas You Can Do Within 33 Hours of Returning Home". If you missed the Digital Imaging Marketing Association's 2007 meeting in Las Vegas this is your chance to get the best of Bill's wisdom and real world solutions culled from successful photo companies around the world in this new and expanded version

Saturday 1:00--5:00 - Optional one-on-one consultation time with Bill McCurry

Register in advance to meet Bill for a one-on-one business consultation.

These 25 minute sessions are available on a first come, first scheduled basis for a nominal fee to PMA Dixie of $20.00.

Sunday 8:45--10:15 Marketing Idea Exchange and Roundtable led by Bill McCurry

 
  Terms of use:

To cancel your subscription, please send an email to cancel@mccurryassoc.com

The email should be sent from the email account that is the contact. Otherwise, be very clear in the text of your email who the contact is.

Sincerely, Bill


William J. McCurry, Chairman
McCurry Associates

 
 

 

 
 

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