Ken's blog has moved.

You should be automatically redirected in 10 seconds. If not, visit
http://www.kenbanks.com/blog/
and update your bookmarks.

Thursday, August 17, 2006

NEIGHBORHOOD BRANDING



I finished one of the most interesting assignments of my career a couple weeks ago. Working with Levitz Furniture on Long Island for the past five months gave me an opportunity to live in Manhattan. This was something I wanted to do when I finished graduate school many years ago, but Uncle Sam had other ideas for me. Having traveled regularly to the Big Apple, I always appreciated how the city somehow works against all odds.

I think the late Charles Kuralt said it best in his "13 Favorite Places In The World"`segment that he produced prior to his death. One of the places that he discussed and featured was the town that he called home for most of his life—New York City. Kuralt said that the reason New York City works so well is that it is a large city made up of a thousand small neighborhoods. Each one of those neighborhoods was its own small town and each one had its own character. And so it was for me when I settled in to my small studio apartment on West 34th Street not far from Penn Station. I soon began to appreciate my neighborhood.

First, there was Ruppert, the evening doorman at my place, who always greeted me with a smile and an “Alright!” before a commentary on the day’s weather report. Next door the dry cleaner and laundry run by a Korean woman who would not only get your laundry back the same day but also have it at the apartment lobby for those of us who usually got back long after they closed at 7pm. Down the street, the Food Fair deli and market was a frequent stop when there was no dinner on the town and their fresh wraps were as good as any food I had at the Bryant Park Grill - the smiles on the two Middle Eastern owners was worth the visit. A little further, Shutters Bar and CafĂ© was a good place to stop on a cold or rainy night where John would serve up some of the best meat loaf (and I love meat loaf!) I’ve ever had along with some great Montepulciano d’Abruzzo wine, and jazz from Thursday thru Sunday. Across the way, the Wine Shop was open it seemed at all hours with a great selection and great prices for a 500 square foot establishment. Further down, the Skylight Diner lived up to it reputation as New York’s best diner (according to the Daily News) with wonderful breakfasts and a lot more. Of course, B&H Photo and Video on the corner was an experience showing that you could sell millions of dollars of electronics and photo gear and still stay closed for the Sabbath and every other Jewish Orthodox holidays. I could go on with a lot more and never have wandered more than a block from my front door (see the view above.).

Of course, there was the exception to a good branding retailer with the Kmart Penn Station. This Kmart does more business than any other Kmart in the country despite some of the surliest employees and a chronically broken escalator between the second and third floors. Sometimes location is everything.

What all the other places had in common was that--to the surrounding community--they were famous for something and had people working there who were more neighbors than just sales people. Isn’t that what retail branding is all about? As I travel around the city, I still wonder at the number of stores that do business in neighborhood after neighborhood. No shortage of competition here. But to their market (which may only be one square block) they are the best brand in their category. Duane Reade Drug Stores learned that when they realized that sometimes their market is only the building in which they are located and they serve it well while struggling with suburban locations. It’s all about finding your niche and getting the right people to live up to it everyday.

Now, back to Florida.

Ken