šŸŽ The Gift No One Ever Returns

You'll want to charge for it. Don't.

šŸ– Happy Mercurri!

Issue #68 is a 3.0-minute read.

The Gift No One Ever Returns

I have a love-hate thing with giving away ā€˜free stuff.ā€™

As a kid, everyone told me, ā€œIf itā€™s goodā€”charge for it.ā€

So, when I drove into Canada on Saturday for a lunch meeting in a charming lakeside village, I knew the parking prices would be nuts.

The village was smart. 

They had public P signs up and down Main Street.

by Ekaterina Belinskaya on Pexels

And tons of locals opened up their pricey home driveways for shoppers.

I saw tourists pay $45 to put their $85,000 Porsche SUV in a front lawn so theyā€™d be close to the stores.

šŸ“ˆ Love that supply and demand.

I arrive early at the village.

Lunch is at 11:30.

You know thereā€™s nothing worse than sweating, stressing, and scrambling for parking when you have an important meeting.

At 11:05 I have tons of time and a 6th sense for finding a spot. 

No pressure.

Behind the church, ā€œALL FULL.ā€

Next to the art gallery, ā€œLOT FULL.ā€

Okay, 11:15, a little sweat on the forehead.

Adrenaline at a 6 on the 10-point scale.

Letā€™s check the driveways further off Main Street.

Crawling at 3 mph behind 27 other cars on Maple Ave. was torture.

Cars are fighting for $50-a-day spots.

One house is charging $60!

Theyā€™re even dressing up their kids like Santa in valet outfits.

Itā€™s 11:20ā€¦.!

Thereā€™s a 90% chance Iā€™m going to be late, which is a gut punch.

I hate being lateā€”more than I hate paying $50 for parking.

Car window down, I throw my left arm out, telling everyone and anyone Iā€™m making the damn U-turn.

Horns go off, drivers scream, and a teenager in a white Tesla curses me out in French. 

I peel back down Maple, cross Main, and go 6 more blocks south.

šŸ˜µ Nothingā€¦

No spaces...

Still no spaces...

Full sweat and a 9 on the adrenaline meter.

šŸ”„ā€œAAAGGGGGHHHā€¦ā€¦ā€

Then... I see it!!

The black, spotless Highlander SUV, with an attitude.

by Sofia Nunez on Pexels

The engine starts, the headlights go on, and the Highlander movesā€¦

I hit my flashers, nail the brakes, and wave every car behind me to ā€œCome Around!!ā€™

The black SUV coolly eases out of her space like a panther moving into the darkness.

It takes all my Boston parking skill to pull a wicked fast K-turn and wedge into the open spot.

šŸ’„ Itā€™s 11:28ā€¦!!!!

I sprint to the parking meter, flip up my Apple Pay, and hit ā€œPAY NOW.ā€

Iā€™m waiting for the final amountā€¦ $30, $40ā€¦

The screen goes black.

WTF!!

And thenā€¦

The message appears.

Itā€™s in bold, Arial font with red and green letters.

ā€œFREE Parking Today. Enjoy the holidays.ā€

šŸ‘¼ Hark! The Parking Angels sing! (giving myself a pat for that oneā€¦)

 

And thatā€™s just it!

Sometimes ā€˜freeā€™ is worth a million for the goodwill it brings.

If you want to win premier customers, you have to know when toā€¦

Give it Away

In your high-end 1- or 2-person business, you must charge premium prices for your expert advice and solutions.

Folks expect it. Theyā€™ll shy away if you go discount crazy.

And, still, itā€™s key to know when, how, and what you give for free that keeps customers happy and your premier brand looking sharp (like a kid dressed in a red velvet Santa suit).

Ask yourself:

  • Does your freebie enhance your brand?

  • Does this freebie speak directly to your ICP (ideal customer profile)?

  • Does this freebie give a smart, mini solution that helps your customer solve a BIG challenge?

Templates are ideal.

Even better, go pro bono with your time.

Itā€™s the perfect gift that no one ever returns.

šŸŽ„ Especially during the holidays.

P.S. I made the 11:30 lunchā€”6 seconds to spare.

šŸ™ Thank you, Highlander and quaint Canadian village.

I appreciate your sharing this newsletter with your friends and contacts.

Stay curious in your business and keep opening doors.

-Erik

P.S. If you dream of getting to $150K of sales, letā€™s do it!

When youā€™re set, hereā€™s your custom, 90-minute consulting session to bring you there. Faster.