Article Marketing / Communications 2 min read
Wednesday Buzz: One Retailer’s Surprisingly Effective Strategy
How the Dollar General chain has found success by targeting a market no other retailer seems to want. Also: how to write shorter emails.
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A good market isnât necessarily one where lots of other people are already succeeding. Instead, it might be a place where your most formidable competitors have struggled.
Thatâs the takeaway from a recent Bloomberg Businessweek piece (opens in a new tab) on the surprising success of the retailer Dollar General in rural towns. The company has become a $22 billion chain, with 14,000 locations nationallyâa scale slightly larger than that of Starbucks.
And the company, despite its market of towns too small for Walmart, has managed to thrive. The piece lays out how the company does itâspotting markets with a clear need, building new locations on the cheap, and largely focusing on the essentials, rather than big-ticket items a larger chain might offer.
âThey see a need and are aggressively racing to meet that need for low-cost goods in places that are food deserts,â Garrick Brown, director of retail research at Cushman & Wakefield, told the magazine.
Stories like these are good reminders that your association should think about its own niche: Itâs better to have a market to yourself than one thatâs already saturated.
Brevity Is Best
4 Ways To Make Your Painfully Long Email Shorter #AssnChat (opens in a new tab) #WednesdayWisdom (opens in a new tab) #NonProfit (opens in a new tab) https://t.co/JJsV9fcHQQ (opens in a new tab)
â ESSAE (@EmpireStateSAE) October 18, 2017 (opens in a new tab)
You may have understandable reasons for writing long emails. Perhaps youâre naturally long-winded, or you need to explain something complicated, or you think short, direct emails come across as too cold. No matter the reason, your long emails may be turning off recipients and wasting your time.
Fast Company shares a few tips for trimming down your emails (opens in a new tab). To start, cut out filler words like âthink,â âjust,â and âhowever.â
âType out an email to a colleague and look at how many times youâve included the words âI think,’â says Kat Boogaard. âWhile that helps to soften your language, itâs totally unnecessary. Itâs assumed that this is what you think, since youâre the one writing the message.â
Other Links of Note
Infographic of the day. The Agitator shares essential features of an e-commerce website (opens in a new tab).
Are your middle managers exhibiting bad leadership skills? Forbes offers 14 ways you can tell (opens in a new tab).
Business travel isnât just valuable for your organization. Itâs also an opportunity for professional growth (opens in a new tab) for your employees, reports SMBWorld Asia.
(Mike Mozart/Flickr)
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