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Analysis time – Part II – Where have we been

Another aspect of the business is where we physically set up our display and sell our products.  In our full year of operations we have been quite busy, with summer and fall peaking our time spent out there at shows, festivals and events.

I love visuals -and found it helpful to see where we have been over the past year with our products.  Below is the map of Ohio by county… and highlighted are the counties we have been a part of events.

We have traveled to 10 counties within Ohio, with the furthest away being Deleware County, just north of Colombus for the Buttermilk Hill show.  The closest event we did was in Cuyahoga County at Brookside Park, one of the Metroparks adjacent to the Zoo.

Since the first of January we have spent 27 days at events:

# events % of events
cuyahoga 9 33%
erie 6 22%
geauga 7 26%
lake 1 4%
portage 2 7%
summit 2 7%

and for those of us who are oriented to graphs – this data looks pretty in a pie chart:

And the numbers do not include 5 more shows and a gallery trunk show coming up in the next 2 months.

Its funny, when you look at the numbers and the amount of time and travel, we have done a lot of events, kept busy with production, and have seen great exposure to the business.

So why analyze what we have done and where we have been?  There are a few practical reasons:

  1. Determine what worked, and where we found our market of customers.  Not every event will be successful, and the key to profitability is finding the markets where there is a good vibe, a steady foot traffic, and strong interest in the products.  In our early stages i was not as good about documenting this.  Steve and I have developed a process to look at the event overall with consideration of whether or not we should plan it for the next year.  Here are some of the criteria we examine:

The truth is some events looked great on paper or in the media, but were not so much in person, or our products were not the right ones for that market.  Some events have dynamic advertising and promotion but are not established and known – and garner few people’s attention. In some instances there is negative word of mouth about events, yet our experience is glowing and the opposite of those we heard.  

We are learning our market, and learning in this shifting economy how to find our place, and succeed.  Success is a process.  Experimentation with locations and venues is part of the process, but at the heart of our business there needs to be a core understanding of who buys our products, and what motivates them to attend events, and what attracts them to buy.

Perhaps analysis can be cumbersome – but until we are more established it is a critical component in developing our market.

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