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  • Hub You - Franchisees Should Learn From Each Other

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    s. You, of course, will want to learn all you can from your neighboring franchisee and what they have done to target this market segment. It’s really nice to know y
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    If you own a franchise you should be in contact with your nearest franchisees and share information as if you were the manager of a corporate store. You should set up meetings once or twice per month and have their phone numbers logged into your speed dial for easy reference.

    You should learn from the experiences of your fellow franchisees. For example, let’s say you found out your next-door franchisee neighbor as a certain type of customer and you are starting to see a few of these types of customers come into your store. You decide you would like to see more of them as their average ticket prices are better than your current average customers. You, of course, will want to learn all you can from your neighboring franchisee and what they have done to target this market segment. It’s really nice to know yo

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    up meetings once or twice per month and have their phone numbers logged into your speed dial for easy reference.

    You should learn from the experiences of your fellow franchisees. For example, let’s say you found out your next-door franchisee neighbor as a certain type of customer and you are starting to see a few of these types of customers come into your store. You decide you would like to see more of them as their average ticket prices are better than your current average customers. You, of course, will want to learn all you can from your neighboring franchisee and what they have done to target this market segment. It’s really nice to know y

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    fellow franchisees. For example, let’s say you found out your next-door franchisee neighbor as a certain type of customer and you are starting to see a few of these types of customers come into your store. You decide you would like to see more of them as their average ticket prices are better than your current average customers. You, of course, will want to learn all you can from your neighboring franchisee and what they have done to target this market segment. It’s really nice to know y
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    e types of customers come into your store. You decide you would like to see more of them as their average ticket prices are better than your current average customers. You, of course, will want to learn all you can from your neighboring franchisee and what they have done to target this market segment. It’s really nice to know y
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    s. You, of course, will want to learn all you can from your neighboring franchisee and what they have done to target this market segment. It’s really nice to know you can pick up the phone and call a friend who has answers to these types of questions you might have on a regular basis. They can help you by:

    Allowing you to work with them in their store for a half of day

    Introducing you to certain types of customers to help you understand their needs

    Explain idiosyncrasies in serving different market segments

    Dealing with these different customers and their fears

    Learning how to best service these new customers and understanding their buying behaviors.

    This works well. Your regional director can also help you but he/she may be learning as they go just like you. As a franchisee

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