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Mostrando entradas de junio, 2019

INNOVATION WITHIN THE EXPANSION DEPARTMENT

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Innovation within the expansion department

Apply the latest technologies to sell franchises, and open stores in the deadlines and with the quality committed is essential. We will save time and money, accelerate processes and avoid redundancies in the opening processes.

Some proposals could be:

Virtual visits: Both virtual 100% and 360 views on real stores. Incorporating informative points along the same, defining its content, explaining even the why of each part.

Here we would have a virtual 100%





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You must sign up to be given access, your approach is correct to give it value.

You can generate other more detailed tours integrated in the informative process.




link sunset

appears in google street, you could work more ...

They can be 100% focused on describing the business, to sell franchises or for example focusing on some specific aspect of it (visual) To align the teams in the opening. Prevent the visual norms or any other technical aspect from being applied incorrectly. Look at this e…

GENERATION OF CONTENTS: HOW TO GROW IN FRANCHISE THROUGH DIRECT REFERENCES.

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It is estimated that 43% of open franchises are through direct references (this data comes from the North American franchise market, they measure everything), that is, they have started from the recommendation-indication of an independent third party (it does not have a direct economic interest).



To my mind this data is correct, the "word of mouth" effect has a fundamental power when it comes to making a decision.





The trust generated by a board of an "independent" third party has a huge weight when it comes to investing.



How many sales we fall for the opinion of the "wedge" third, and it is normal to happen. In the end the uncertainty and the risk mix explosively. Although the probability (uncertainty) that the approach posed by that person is low, the risk (danger) of losing a high investment exists. A third party will give a greater probability to that weak point discovered ... that there always is, and it will be difficult to refute it.



The ideal examp…
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KEY ASPECTS TO SELECT A FRANCHISE OR A MASTER
Sometimes the notoriety of the brand dazzles. Being a brand recognized by the general public should not blind us when deciding to invest in franchising.

Other times the originality of the business, the scarce competition or the wide network of franchisees, relax the analysis and seem to decant for those factors the decision.

That the expansion team when you sell the franchise tells you about sales figures, great returns and demonstrate them objectively is fine.

But then I propose six points that can serve as proof of cotton for any franchise. If the expansion teams just tell you about them ... they're selling you blind.

To my mind, the key points in order of importance would be:






This a famous Spanish advertising. 











1.

Structure.

The franchisor must have specialized equipment, must create value through its central services. If we basically seek to replicate successful business, the franchisor must know how to maintain these patterns with …

GENERACIÓN DE CONTENIDOS: COMO CRECER EN FRANQUICIA A TRAVÉS DE REFERENCIAS DIRECTAS.

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Se estima que el 43% de las franquicias abiertas lo son a través de referencias directas (este dato viene del mercado norteamericano de franquicias, ellos lo miden todo), es decir han partido de la recomendación-indicación de un tercero independiente (no tiene un interés económico directo).

En mi opinión es correcto este dato, el efecto " de boca en boca" tiene un poder fundamental a la hora de tomar una decisión.



La confianza que genera un consejo de un tercero "independiente" tiene un peso enorme a la hora de invertir.

Cuantas ventas se nos caen por la opinión del "cuñao" tercero, y es normal que suceda. Al final la incertidumbre y el riesgo, se mezclan explosivamente.  Aunque la probabilidad (incertidumbre) de que el enfoque que plantea esa persona sea bajo, el riesgo (peligro) de perder una inversión alta existe. Un tercero dara una mayor probabilidad a ese punto debil descubierto...que siempre lo hay, y será complicado rebatirlo.

El ejemplo ideal es …