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ARTICLE | March 12, 2010

Here at FBR we are proud of our award-winning clients, and have put together 12 tips for successfully promoting your high franchisee satisfaction! We know it takes a lot of hard work and dedication to your franchisees to maintain high satisfaction ratings - So part of your gratification should be publicizing it!
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NEWS | March 3, 2010

Home Instead Senior Ranks Best in Category for Franchise Business Review's 2010 Franchise Satisfaction Awards. Home Instead continues to believe that franchisee satisfaction is a monumental indicator of development and success.
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SECTOR REPORT | February 11, 2010

Take a look at our 2010 list of award-winning franchises! We are proud to announce 133 franchise companies - out of over 500 brands surveyed this year - that are doing things right and putting their franchisees first.
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ASK FBR | January 25, 2008

Wow... that's a tough one! It's similar to buying a car or a house - there is a huge range in price between various franchise opportunities. What's important to understand are three key pieces of information related to cost: 1.) initial capital required, 2.) total initial investment, and 3.) on-going or recurring costs. Here's the breakdown...
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Understand Why People Buy Franchises and You'll Attract More Franchisees

by John P. Hayes, Ph.D.

Want to know why your advertising isn't producing the way you want it to?

It's because you're appealing to the wrong motivators. Or not enough motivators.

Buying motivators are the same whether you're a franchisor advertising for franchisees, or you're a franchisee advertising for customers. Appeal to the wrong motivators and you're advertising will be less effective.

Emotion is the first buying motivator

People buy emotionally first; logically second. Here's how that works. They're attracted to a luxury automobile for all the emotional reasons: Pride. Status. Differentiation. But when they're asked, "Why did you buy that (name a luxury automobile)" they'll answer logically: "Got a great deal," "It's the best performance," "Consumers Reports says it's the safest," etc. That's how they justify the purchase.

It's just human nature

Come on now, you know it's true. We all do it. It's human nature! We buy because we want it. Then we justify why we need it.

Often times, franchisors and franchisees are hitting the wrong motivators with their advertising. They're selling the need (logic), but the prospects are buying the want (emotion).

How many ads motivate action?

As an example, visit any one of the portals that promote franchise opportunities. Read the advertising messages. Here are several:

* Recession Proof Business
* Low Overhead, Large ROI
* No royalties
* No experience necessary
* The ultimate franchise opportunity
* The franchise profit leader
* Rated #1
* "Hot"

There's a mixture of emotion and logic in those messages, but after a while, they all look alike, don't they? Nothing stands out. You can pretty much use all of them to describe most franchise opportunities.

Furthermore, some of the messages don't appeal to emotion or logic! Consequently, they don't promote the reader to take action. How many people do you think are fooled today by "no royalties"? Are buyers really interested in "the franchise profit leader"? Do buyers care that the business is "rated #1"? There's nothing wrong with any of these messages, except they may not produce the results desired.

Greatest franchise campaign, maybe ever

One of the best franchise advertising campaigns ever ran in the early 1990s. It said: "Golden Parachutes Land Here!" It's a great message because it combines both emotion and logic! You can see the parachute landing while also justifying that it's landing in the right spot!

Most ad campaigns by franchisors and franchisees (and businesses in general) emphasize emotion or logic; it's the rare campaign that hits both motivators simultaneously. And for the best results, you need to hit both if you want your advertising to produce the best results.

John P. Hayes, Ph.D., author and speaker, advises franchisees, franchisors and those who want to franchise their business. You'll find more of John's articles at franchisemastermind.com. A 30-year franchise veteran who has owned franchises and was the CEO of a major franchise company, John is perfectly suited to help you with your franchise decisions.

Article Source: http://EzineArticles.com/?expert=John_P._Hayes,_Ph.D.

 

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