WHERE WE GROW FROM HERE. MEANINGFUL DIFFERENCE UNIQUE, SPECIAL AND BETTER.

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Presentation transcript:

WHERE WE GROW FROM HERE

MEANINGFUL DIFFERENCE UNIQUE, SPECIAL AND BETTER

ATTRIBUTES MEANINGFUL DIFFERENCE COMPELLING PURPOSE (The Why) ENGAGING PERSONALITY (A how) DEFINING BELIEFS (A How) You must be clear on what you stand for, stand against and stand apart from

TODAY’S PANELISTS JOE NOCELLO, 718 CYCLERY New York, New York LISA KANNO, THE UNLIKELY CYCLIST Orange County, California TOBIE DEPAUW, NORTH CENTRAL CYCLERY DeKalb, Illinois

718 Cyclery The Collaborative Build

THE INVERTED BIKE SHOP

WHAT WE DO STAFF ENGAGEMENT INTERNET CAN’T REPLICATE TEAM HIGHLIGHT TEAM KNOWLEDGE AND EXPERIENCE

WHAT HAPPENS? CUSTOMERS FOR LIFE BIKES IN THE 55% MARGIN RANGE EVERY PART AT MSRP HEALTHY LABOR RATE

WHAT’S NEXT EXPAND COLLABORATIVE BUILD AVAILABILITY PURSUE DIGITAL VERSION

The Unlikely Cyclist Team Unlikely Cyclist

ABOUT US ORANGE COUNTY'S PREMIERE WOMEN SPECIFIC CYCLING BOUTIQUE. EMPOWERING ALL WOMEN REGARDLESS OF AGE, SIZE OR ABILITY TO EXCEL IN THE SPORT OF ROAD CYCLING

WHAT WE DO WOMEN’S CYCLING TEAM GOAL-DRIVEN TRAINING MENTORING ENCOURAGED SKILLS WORKSHOPS SOCIAL EVENTS

WHAT HAPPENS? TEAM PURCHASES = 40% SALES CUSTOMER LOYALTY INCLUSIVE COMMUNITY GO-TO SHOP FOR WOMEN

WHAT’S NEXT? DIVIDE RIDES INCLUSIVE COMMUNITY GO-TO SHOP FOR WOMEN RIDE MENTORING

North Central Cyclery 5/10 Cards 2 nd Location

ABOUT US WE’RE WEIRD. MIDDLE OF NOWHERE A DESTINATION BUSINESS AUTHENTIC SERVICE AND UNIQUE PRODUCTS COMPLETE EXPERIENCE

WHAT WE DO 5/10 CARDS MODIFIES SALESPERSON’S ROLE ENSURES WE COMPLETE THEIR EXPERIENCE ENSURES A MORE RELAXED INTERACTION CUSTOMERS UP-SELL THEMSELVES

THE FATPACK >>>> 5/10 CARD

FATBIKES REQUIRE SPECIFIC ADD-ONS TACTILE TAGS HIGHLIGHTING NCC IMPROVE OUR SERVICE AND VALUE SAFEGUARD FULL BIKE REVENUE

5/10 cards HANG TAG ON EVERY BIKE PRICE TAG, INFO SHEET AND ADD-ON SALES DRIVER BROAD CATEGORIES COVER THE WHOLE STORE: Adventure Kit Quick Kit Fun & Fitness Kit FatPack NEEDS, WANTS, DESIRES BUY 5 THINGS, GET 10% OFF THOSE THINGS

WHAT HAPPENS? INCREASE IN REVENUE INCREASE IN MARGIN UNINTENDED OUTCOMES

WHAT’S NEXT? ADD EVENTS OR MAKE EVENT SPECIFIC CARDS COLLABORATE WITH VENDORS LABOR ADD-ON AT TIME OF PURCHASE OR INCORPORATION OF TREK CARE EXTENDED WARRANTY.

THE ESSENTIAL LIST DOES THIS ALIGN WITH MY BRAND? DOES IT MAGNIFY SOMETHING WE ALREADY DO WELL? CAN THIS BE EXECUTED CONSISTENTLY IN MY ABSENCE? IS THERE A CRITICAL MASS OF INTERNAL SUPPORT? HOW ARE YOU CAPTURING LESSONS LEARNED WHILE ON THIS JOURNEY?

QUESTIONS?