The Small Business Big Marketing Podcast with Tim Reid How to ignore your competition ... even when you’re completely surrounded by them | #450
If you’re like most small business owners, you’re hugely concerned about your competition. Well imagine this … you open a shop in a street with not one, not two, not three, but 30 competitors all with shops selling similar things to you … and not just in the same town, but in the same street!!! How would you feel? Worried? Would you constantly check what they’re up to? What products they are selling? Would you always have one eye on their prices? Or would you just get on with it like Stuart Stanley does? His shop, RING Jewellers, is based in an area called ‘The Lanes’ in Brighton, on the South Coast of England. It is a jewellery hotspot and the description above is exactly what the area is like.
In this candid chat Stuart talks about how he deals with competitors in business plus:
- What makes him different from all his competitors
- Why he loves the helpful marketing concept so much
- How he manages his precious window displays
- How he avoids competing on price
- How to avoid competitor fear
- And plenty more …
“Competitors are the least of my worries when running my business. I focus on my precious customers and how I can best help them.” - Stuart Stanley, RING Jewellers
Here’s what caught my attention from my chat with Stuart Stanley:
- Stuart’s willingness to educate his prospects and clients.
- The fact that he’s even using his window display to educate by talking about the quality of different metals.
- And I love the fact that even though he’s a small jeweller in a little high street in the UK, that he had the guts and was proud enough of his achievements to reach out to me and request an interview on this show.
Resources mentioned:
- RING Jeweller’s official website
- RING Jewellers on Facebook
- RING Jewellers testimonials
- RING Jewellers YouTube channel
- Steve Sims speaker’s website
- The Bluefish website
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