I'm sure you saw that Walmart just launched a new ad campaign that promises "Low Prices. Every Day. On Everything." No doubt the big box stores are going to be slugging it out this spring in an ugly price war to prove who has the lowest prices.
I say forget price wars: I want to see a customer service war! I want to see companies try to one-up each other over who can deliver the best service. Instead of dropping prices by a penny, add another something you do for the customer.
Of course the big discounters will never do this because they don't really focus on service. It's not their competitive advantage. But it is the competitive advantage for specialty and independent stores. Shouldn't they be starting a customer service war? As a matter of fact, shouldn't we be starting one every day?
To win the war you obviously have to be better and more consistent than the competition. Here are some things you might be able to declare:
I say let the big box stores duke it out over who can sell the farthest below cost. That's a war that none of us can ever win and unless you're Walmart, Target or Amazon you'll be a big loser if you try.
Win the customer service war. That's a war worth fighting.
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