The Pulse of the Garden Center Industry – Part 2
by Steve Bailey
Besides Revenues, what’s the most important ratio for a business selling a product? I’ll answer that one for you; it’s the COST of the product being sold.
Besides Revenues, what’s the most important ratio for a business selling a product? I’ll answer that one for you; it’s the COST of the product being sold.
This past week in the WDR, Steve Bailey spotlighted recent announcements by Sears Holdings they will shrink and streamline their produce offering in the coming months as they try to reorganize AGAIN. Steve's parallel here was a challenge to Group Centers to be vigilant about the products you are offering. He has recently told me he often sees centers getting lazy on controlling inventory (and turns) when sales are strong and times are good and therefore not maximizing their profitability.
The month of April is dedicated to the importance and impact of consistency. From driving the customer experience to the art and science of plant health, ensure that your team sets standards to drive consistency in every aspect of the month.
An Italian proverb reads, “He that deceives me once, it's his fault, but if twice, it’s my fault.” The question from this is, are you dangerously close to death by marketing?
You might think the title of this article is a bit of a stretch when describing The Group’s 2018 Profit & Loss Study. I don’t. There’s nothing in our industry that even approaches the depth of information reporting centers receive.
I got back from a trip to Farm and Home to purchase seed potatoes and onion sets when it hit me… I’m now one of those guys other people talk about when they say… “Don’t old-timers always plant potatoes on St. Patrick’s Day?” When did this happen? Why wasn’t I notified when passing from rock guy who listens to Hendrix with the lights out to some “old-timer potato planter” expected to wear bib overalls and listen to country music? That’ll never happen. ZZTopp is as country as I can handle.
On the side of every law enforcement vehicle in America is the simple phrase---to protect and to serve.
Just in time for the spring season, Seawright & Associates has provided a variety of new and updated forms, documents, and posters that are now available under the Human Resources section of Power Tools! Check out their Ideas for Sourcing (recruiting) Talent handout.
Do you have a plan to break through your Invisible Ceiling this Spring?
[Danny] If you have been around The Group very long, you know Robert Hendrickson is famous for sharing his critiques of each Superbowl's ads. While I remember some lengthy reviews in the past, this year's are probably the shortest I can remember. To view any of these, simply click on the photo image. Hang on for a quick ride...And here's.... Robert!
Robert is always pushing us to "tell a story". He says every ad needs to tell a story. Looking back at some of the best of previous Superbowl ads, it seems there are a few common threads the very best share that come to mid... puppies and kids of course. And there are others that really just tell an inspiring story.
Before we step back in time, I want to share just one from this crop of Superbowl ads. It is the Kia 2 minute spot. It begins with a young boy in a cowboy hat telling the story about a small town in west Georgia. It really is a true story of a small town of "unknowns" creating something special.
simplify [sim-pluh-fahy]
verb (used with object), sim·pli·fied, sim·pli·fy·ing.
• to make less complex or complicated; make plainer or easier
It is a very basic, two syllable word but the process of simplifying something is not always easy. Building on what I started at the top of this GROUPtalk (One-Man-Band), I want to share some thoughts on this challenge. For many of our centers today the above graphic could easily represent a flow-chart of operations. Adding complexities throughout time just piles on layers of things to do. These are things you most likely feel are important and are "must-do's. At the same time the graphic also could represent your job responsibilities.
If you are an owner or manager, you have the power and ability to change this picture. Some months back I reminded you of the ultimate "Gatekeeper" and I showed you a picture. Do you remember who is was? It was The Wizard in The Wizard of Oz. Remember anyone wanting to enter Oz had to come through him. That's the position I see many of our center's owners or managers in today. This has to change. It is called Team-Building and Delegation!
This is perfect timing as you prepare for spring and set your pricing strategies.
The SNA Conference was held January 7-8, 2019 in Baltimore, in conjunction with MANTS. Dr. Charlie Hall, the nation's foremost green industry economist, teamed up with Dr. Marco Palma to provide insight on the outlook for the spring season.The following is the recorded presentation. Whether you were there for the event or not, this is an important 29 minutes for you and your management team to see again!
Should you hold back, stand status quo, or see this time of uncertainty as a time of opportunity? What impact will housing trends have on the economy? How will Generation X impact the market as the Baby Boomers are retiring? What will the 2019 spring season look like and how will it impact your business? Structural changes in the industry will also be discussed, along with strategic implication for growers, service providers, and retailers.
It’s time to get some things done, don’t you think?
Ask almost any garden center owner a question about the past and the typical response will be… “I don’t even remember what I had for breakfast!”
Recently I participated in a webinar covering a collection of "trends" across the globe. It was produced by an international company in the business of collecting a tremendous amount of data and trying to put a sense of order to what they see. At first glance, it appeared to be all over the board. Of course, there were lots of modern, high tech gadgets and activities and some trends you recognize as "way-out-there," but one observation began to appear throughout that we should appreciate and leverage in your business. The first comment that led me into this path of thought was:
Wow! That, in the middle of a bunch of high-tech, "way-out-there" trends, grabs you and brings you right back down to earth. As you see so many weird new trends, this type of very basic statement brings a sense of grounding. It's a very organic statement if you think about it.
There’s a reason why reality tv shows are so popular. People like standing in the background watching what takes place in other peoples’ lives. Well, here’s your chance. What follows is an email conversation between a garden center owner and Robert discussing what needs to be considered before making a marketing decision for next spring. Names have been changed but the process Robert knows will work remains.
I recently subscribed to a publication devoted entirely to Visual Merchandising and Store Designs for retail (actually its name and acronym is VMSD) and in its December issue that arrived last week, the cover story's headline was "FRESH AIR." You can see the front cover below right.
At first glance you have to ask yourself... "Are they selling plants or other things?"