Promotions/raffles

[Anonymous]

Business has been down 20% at my small Mat thanks to new Mega laundromat many many miles away, but my closest competitor 2 miles away finally upgraded and bought new dryers; due to the domino effect. (I am sure I have lost my 20% to him, as in the past they wouild complain about competitors dryers.) I am thinking about getting customers back by raffling off maybe $50.00 each month. What has been your experiences at doing this? Do you think this will bring those people back?

[Howard]

No.

Consider making the prize bigger and applying it to the equipment loan for the new(er) dryers you can buy with financing (instead of giving it away).

[Anonymous]

No, there is nothing wrong with my dryers at all; they are newer. I believe my 20% loss it is due to ther small size of my store. That is why I am considering raffle.