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Building Blocks for the New Year - Part 4

1/8/2021

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Great things in business are never done by one person.
They are done by a team of people.

Steve Jobs
by Skip Cohen
​
Over the last few years, I've written about partnerships and the advantages of not doing everything by yourself. Partnerships expand your reach, save you money, expand awareness and increase revenue. Yet, so many of you sit there and whine about how tough it is right now and don't do anything because cash flow is a mess. I get it, but I'm not going to let you fold when you're holding some great cards!

There''s one more challenge in our lives that makes the timing for a partnership such an advantage. With the pandemic, every business is dealing with the same frustrations! Business has disappeared, but you can pool your resources and establish stronger brand awareness in your community by working together.

Let's look at the kinds of opportunities first:
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  • Direct mail: Doing a postcard with two other partners reduces your cost to a third of what it would be if you flew solo. It expands your reach and awareness because all three partners combine their databases. Plus, each partner becomes an ambassador for the other two entities involved.
  • Soft-sell cross-promoting products and services: All of you who are wedding photographers should be working together with a florist, for example. You should have a link to their site on your website, and they should have one to yours. Portrait photographers could do the same and also include a restaurant known for things like a Mother's Day brunch, especially as we get closer to Mother's Day.
  • Hard-sell promotions: It's cross-promoting, but this time with discounts on each other's products and services. If you don't want to do a discount, add something of value, like an extra mini-album for Grandma, an oversized print, canvas wrap - something with perceived value.
  • Contest sponsorship: Work together with other vendors in the community to put together your own unique events to raise awareness and support for something relevant in the community.
  • Start a newsletter: They're so easy to do these days, but somebody has to take the lead. Create a newsletter with gift ideas that tie in photography, flowers, gift certificates to a local restaurant, frames, and other gifts. You've got to plant the seeds for the ideas to create sales.
  • Other photographers: I know it's taboo to suggest you work together with another artist when there's barely enough business to keep you going, but together you can play off of each other's strengths and weaknesses. For example, if you're a wedding photographer and don't do maternity, babies, or pets, find yourself a partner who's skill set fills in the holes you have in yours. Then, design a campaign that promotes one-stop shopping.
  • Major equipment purchases: Money is tight, but you want to get into large format printing, or there's an exotic lens you know will make your work different - buy what you need together with another artist. This isn't like the stigma of buying a boat with a friend, and it'll save you money.
  • Share studio space: Tony Corbell is a perfect example - his studio space includes two other artists. They don't compete with each other, and they split the cost three ways. Granted, one of the artists is his wife Mandy, but this is about each business paying its fair share. Together they've got a terrific location and facility for everybody to benefit.​

Now, for those of you who are rolling your eyes and thinking there's nobody to partner with because your specialty is so limited, here's a list to work from, and I'm sure there are plenty I've missed, because these are all in the portrait/social categories. 
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  • Boudoir Photographers: Lingerie boutique, spa, makeup artist, salons.
  • Pet Photographers: Pet food rep, animal shelters, pet boutiques, veterinarians, and doggy daycare facilities 
  • Children's Photographers: Toy stores, summer camps, playgrounds, kids, clothing boutiques, restaurants, pediatrician, or pediatric dentist.
  • Family Photographers: Family restaurants, decorators, parks, and special events 
  • Wedding Photographers: Florists, wedding planners, bakeries, salons, bridal shops, limo companies, musicians, tux shops, travel agents, and venues

It's time to stop thinking you've got to do everything by yourself. Business has changed dramatically, but along with the frustrations, there are some unique opportunities for creative leadership. You don't need to jumpstart your business alone - think about the strategic alliances in your community to rebuild together!
Coming together is a beginning,
staying together is progress,
​and working together is success!

Henry Ford
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