Page 6 - LBMAO - Reporter - Mar-Apr 2024 - web optimized
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MESSAGE FROM THE PRESIDENT







                                                     HOW NOT TO BE A TARGET














                                                     TREVOR SMALL
                                                     LBMAO President











         have just returned from a visit to the largest hardware and building   So, what is the secret to having a large store be successful? The
        I  centre  in  North  America  (maybe  the  world’s  largest  at  305,000   magic is in people. You need to hire people who are smart, attentive
        square feet).  I have grown up around lumber and building centres and   and  want  to  help  serve  the  needs  of  the  customer.  At  Hartsville
        whenever I have a chance to see how others are operating, I take the   Hardware,  every  staff  member  that  I  spoke  to  or  interacted  with
        opportunity to do so.  Visiting the largest store (you must wait until   greeted me and was interested in looking after my needs. When you
        next issue for the complete story – a bit of a teaser) in North America   are  hiring  from  a  town  with  a  population  base  of  3,408  people,  it
        was high on my list of things I wanted to see.         can get tricky. The person that needs washers for a faucet today may
           The visit also got me thinking about what they have done at the   want to spend $20,000 on their kitchen tomorrow if they feel they
        Hartsville  Hardware  to  be  successful  when  others  in  much  larger   are looked after. Good staff can be trained on the details of plumbing,
        trading areas have missed. The town this store is in has a population   electrical or deck construction but it is almost impossible to train staff
        of 3,408 people and includes 1,493 households.  It was traditionally   on how to be nice.
        thought that a box store needed a population base of 50,000 people   In today’s marketplace, people can find anything they want to buy
        to be successful. Some of the success may come from other areas. A   online. Retailers need to be doing whatever they can to find, hire and
        regional centre will draw from a larger area – typically no more than a   train staff to look after customers. That way when customers come into
        one-hour drive.                                        the store, they will feel like they are important and valued.
           This store has a larger population base that they draw from, Canton,   Are your customers willing to drive past the competition to get to
        Ohio is 15 minutes (21km) away and Akron, Ohio is 20 minutes (26 km)   your store? Are they willing to drive 15, 20, 30 minutes or more to get
        from the store, while Cleveland, Ohio is a one-hour drive (94km). These   to your location? If they are that probably means you have succeeded
        larger areas only work if you can draw them to your store and make   in hiring and training a good staff. If not, you need to go to work. Do
        sure they return. We have seen many large stores fail because they   you have some grouchy staff who are not customer friendly?  Those
        could not get customers to try them and return on a regular basis.  staff may be costing you business. Read the reviews posted about your
            We could look at Target stores in Canada, who opened to great   store. No one is perfect and the customer is not always right BUT they
        fanfare but failed to convince the customers that the products Target   must always be respected. If the reviews sound like you could improve,
        had were needed and they should switch from the retailers they were   get to work.
        currently using.  Target had a strong following of Canadian customers   You may not end up operating a 305,000 square foot store but you
        that would drive across the border to make purchases, often driving   want to be sure that you are not the Target store in your market.
        long distances and spending precious shopping time in their border
        town stores. The problem was they failed to entice additional shoppers
        to visit and come back regularly. They had the wrong people running
        their Canadian operations.






        6  LBMAO Reporter - March-April 2024                                                         www.lbmao.on.ca
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