Reveries has this story today, about how one local garden center competes against the nearby Wal-Mart. As many companies are learning, trying to beat Wal-Mart at their game is a difficult and often losing proposition. The key, once again, is to create a unique guest experience. One that creates a different value proposition and gives the consumer permission to spend more.
With the "Wal-Marting" of the world in full swing, it's becoming more and more critical to look for the point of difference. People are also willing to pay extra for an experience that means something to them. Just look at our previous posting about the American Girl Place.
You need to choose where you want to be in the world. A commodity strictly competing on price or an engaging experience that creates more value to your audience. Are you simply a brand steward or are you truly passionate about your brand and what it stands for?
Here’s a quote we’ve been using a great deal around here, from that great 20th century philosopher, Springsteen, that sums up how we feel about creating great experiences. “No retreat, baby, no surrender.”
In fact, people not only accept Matterhorn's high, high prices, they will drive way, way out of their way for the honor of paying them. "I think of the higher prices as an entry fee," says Judy Lauster, a customer. "It's all so beautiful." It sure sounds fantastic, boasting as it does some "18 wood-and-stone buildings sprawling over 20 acres," giving the nursery "village effect," as Matt Horn describes it. Some folks refer to Matthorn as the "Disneyland of garden centers," with "eye-catching displays ... and aquatic center ... a bird pavilion ... a gift shop; a florist; 10 acres of display gardens; a nature walk and a cafe." It's all very obvious to Matt Horn: "We're selling a thing of beauty, but 90 percent of garden centers are dumps," he observes.
That beauty is not just flowers -- Matterhorn mixes in "colorful pottery and English watering cans with mosquito killers and weed whackers." A shopper comments: "They're selling a whole garden lifestyle, not just plants and herbicides." They back it up with plenty of help, too -- some 60 "knowledgeable" employees stand ready to answer "millions" of questions. (Emphasis ours)
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