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Zia Record Exchange
Problem: Zia Record Exchange is an estimated two months from closing the doors on its six Arizona stores. Marketing functions have no bottom line responsibility and customer based is at an all time low. Morale among employees is very low and customer service is very poor.
Action: We researched and learned that Zia had become successful by fostering an image as a cultural leader and advocate for promotion of the local music scene. Advertising was targeted at restoring its prior image with a focus on the tag line “Zia the last real record store.” Employees were educated on the company’s mission and clear expectations were set for how they were going to deliver on the company’s promise to its customers. Where ever possible stages were installed in the stores and local and national acts were invited to perform for free. The product lines were broaden to include movies and lifestyle oriented products.
Results: Zia is once again a leader in the music community, bands often play their first gigs at Zia and Zia assists many local bands in getting their first label contracts. Three new Zia locations are added over three plus years and sales go from $8,500,000 to $18,000,000 annually. All of this occurs while competition locally and nationally are failing. Zia is now the dominant player in the music communities in which it operates. Zia is now a place the people of all ages go to experience a retail store that is both at the forefront of culture but firmly rooted in how business was done in the past.
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