Business Stories with Ryan Arcoraci

Ryan Arcoraci

Interesting stories from today’s franchisors and entrepreneurs.

  1. Sep 28

    Ep 203 How to Turn Under-Performing Stores Around with John W. Lee of Impact Marketing Services

    Are You Satisfied with Your Stores’ Performance? Introducing the “Life Raft” Marketing Program for Under-performing Stores by Impact Marketing Services 18-22% of a franchise network’s stores under-perform or are struggling. There could be several reasons – 1. Operational issues – lack of proper employee training or high employee turnover 2. Strong competition in the area 3. Lack of a proper targeted marketing plan or under-funding These issues often create poor validation to prospective franchisees, which will inhibit the growth and expansion of the emerging franchise brand. The reason for the lack of performance must be identified and corrected. Once the issue has been corrected, it should be a perfect time to initiate the “Life Raft” Marketing Program from Impact Marketing Services. Develop success stories for your struggling locations by dramatically increasing customer traffic and sales. The IMS “Life Raft” Program is a four-month low-cost “hands-on” marketing program that generates success for under-performing stores…quickly, with measurable results – Take customers away from the competition. Bring back former customers and build loyalty. Expand the customer base by bringing in more customers that have never been in before. Results speak – one client generated 136 new customers in 30 days for less than $500 – sales the following month increased 56%. The “Life Raft” Marketing Program includes - A highly targeted 4-month marketing plan. Weekly Marketing Coaching Calls with the franchisee. Properly utilize the franchisee's limited resources…money, time, and energy. ImpactMarketingServices.com John W. Lee  602.318.3008 call or text John@impactmarketingservices.com

  2. Aug 29

    Ep 201 How to Make Your Opening Launch & Grand Opening Program Actually Drive Sales with John W. Lee

    The Goal Isn’t Simply to Have a Busy Opening Day. The goal is to build a successful location that becomes a top performer in the network, exceeds expectations, and provides strong validation to prospective franchisees to enhance the brand's growth and expansion.  A successful Opening Launch Marketing Plan starts well before the doors open—building awareness, creating excitement, developing local relationships, and giving the new location a strong customer base beginning Opening Day...It’s much bigger than that.   In this episode of Business Stories with Ryan Arcoraci, Ryan sits down with John W. Lee, founder and CEO of Impact Marketing Services, to talk about what actually goes into launching a new franchise location successfully, making it a top performer and exceeding expectations.    John shares lessons from decades of helping franchisees build stronger local market presence and explains why the work leading up to Opening Day is often just as important as the event itself.   You’ll learn:   What Successful Franchisors and New Franchisees Need to Know Why your Opening Launch Marketing Plan should begin well before Opening Day - the secret to a new store's success. The most successful openings don't wait until the doors open to start marketing the new location. Building awareness and anticipation early gives the community a reason to visit when the doors open on Opening Day—and a reason to be excited. The biggest mistakes franchisees make when launching a new location—and how to avoid them. From starting too late to relying too heavily on traditional advertising, common launch mistakes can cost a new location valuable customers, sales, and momentum. How to build awareness and excitement throughout the local community. Create a strong local presence by connecting with residents, businesses, schools, organizations, community leaders—and local charities. Why "Now Open" and "Grand Opening" Events should be treated as a sales strategy—not simply a celebration                                          These events are opportunities to generate customers, collect customer information, create repeat visits, build relationships, and establish the location as a successful new business in the community. Why local relationships can be more valuable than simply running more ads.                                                                                         Advertising can create awareness. Local relationships can create customers, referrals, catering opportunities, partnerships, and long-term loyalty. How to turn Opening Day traffic into repeat customers.                          Getting customers through the door is only the beginning. The real opportunity is converting first-time visitors into loyal, frequent customers. What franchisors can do to give every new franchisee a stronger start.                                                                                                    Franchisors can provide more than a great brand and operating system. A proven Opening Launch Marketing Program can help new franchisees build momentum faster with strong customer traffic, achieve higher sales, and position their locations to become top performers in the network. Opening Day Is the Beginning—Not the Goal. The real goal is to create a strong customer base, generate sustained sales, and build a location that becomes a top performer.

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Interesting stories from today’s franchisors and entrepreneurs.