Meet the CEO of Invig Consulting: Bassem Nowyhed
How did you get your start in the convenience store industry?
My family got into this industry before I was born, so I grew up in it. However, even though I was born into it, this wasn’t what I envisioned myself doing.
My childhood dream was to be a professional basketball player, but I wasn’t able to play. My dad would pull me away from playing with friends to make me work at the station.
I didn’t want anything to do with it to begin with, but after graduating college and starting my own entrepreneurial ventures, I ended up going back into it and never looked back.
Even though I didn’t want to pursue this career early on, I still learned a lot about it and found that I could develop brands and they would gravitate toward me easily.
What do you enjoy about developing brands?
In developing brands, you work with a lot of cool people. We do lots of marketing and event planning with companies, especially on the social media side. Working with that type of messaging and marketing has always been a passion of mine.
The diversity and broad scheme of ways to work in this industry make the job a lot more enticing versus when you look at it as if you’re working at a gas station.
You can work with huge brands like Pepsi and Gatorade, as well as many up and coming brands, which I love.
When people think of distributing to wholesale supermarkets, they think of stores like Costco and Trader Joes, but often forget about the fast, casual experience of a convenience store.
Convenience stores are convenient and are frequented by the vast majority of the general public. Because of this, your brand is able to get more traction. The product is enjoyable, but also happens to be enticing and exciting for impulse buyers.
You can window shop, but convenience store buyers are impulse buyers and go in with the intention of purchasing something. Creating visual graphics and using social media including Instagram and Tik Tok as a means to engage with the consumer helps not only gain traction, but also customer engagement.
How should convenience stores support customers during this pandemic?
We’re seeing more convenience stores coming to customers versus customers coming to us. Digital platforms like food delivery apps have become larger factors in c-stores successfully going to the customers and supporting them.
We used to depend on people driving to the store. Now, we go to the buyer’s house through apps and online programs. This creates a new avenue for convenience stores to have a digital presence.
We’re taking the store online and allowing purchases and other services through a website or social media platform rather than a physical store.
What inspired you to start Invig Consulting?
I saw that there was an opportunity for brands who wanted to gain experience on how to get into a convenience store. It’s a different market than a traditional supermarket or warehouse.
The means of playing in this distribution model is different, and this is what inspired me to start Invig. I found that with my experience, I could help brands get themselves into various distribution channels successfully.
There’s value in this advice.Bridging the gap between having a vision and making it happen was what I wanted to do.
What services does Invig Consulting provide?
We offer a number of services to brands looking to start their journey into convenience stores. We work with marketing, promotion, product development, pricing, and more to successfully break brands into the convenience store scene.
We also perform thorough market research on the brand and products, making sure that we provide the right services for the needs of the brand.
Through our lifetime of experience, we have been able to create numerous success stories, helping us build trust with brands, convenience stores, and store owners in the industry.
What future trends do you see impacting convenience stores?
Definitely solar and electric vehicles are huge trends that are already impacting convenience stores. You have to take into account that electric cars will become the new normal in the next five to 10 years.
How someone refuels their car won’t be dependent on going to a gas station anymore. People will have the option to be at home or in a parking structure charging their car.
Gas stations will have the opportunity to switch over to offering charging stations in the future, but the infrastructure will be so readily available to charge a car, that society won’t need them much longer.
C-stores will lose traffic flow substantially. To keep c-stores afloat, we’ll need to step into the premise of creating and identifying different avenues of income before it’s too late.
What’s the best piece of advice for others trying to thrive in the convenience store industry?
Connect with as many people as you can in this industry. Networking is important in every industry, so by making trusted connections with store owners, brands, and more, will help anyone stepping into the industry thrive.
I’d also say that to be successful in this industry, you need to have a product or solution that truly solves and aids franchises/retailers that are operators of the business.
If you have a consumer product, don’t just create a new water bottle. If you want to create something, make it beneficial to the needs of the people, whether it be for health or the environment.
- Published in Mobile, Networking
C-Store Tips: Convenience Store Marketing
With so many choices for customers, marketing a convenience store can be difficult. How do you separate your store from the pack and pull new customers in? What can you do to encourage customer loyalty?
There are many questions when it comes to marketing your business. Here are a few tips when it comes to convenience stores.
Offer Unique Foods
Many convenience stores sell the same foods, such as preheated hotdogs or donuts. Add a unique food to your menu to make your convenience store stand out.
For example, sell something out of the ordinary that could become your c-store staple food, such as delicious churros, loaded fries, or mac n’ cheese. Ask yourself, :“What product are you passionate about?”
People will start to remember your location as “the one with the amazing churros,” ultimately making your c-store not only more attractive, but a destination. This one marketing tool could bring in customers who might only come for the churros but end up buying more or filling up their gas tanks.
Offering something that is readily available that also tastes delicious can encourage repeat business.
Use Social Media
Social media has become increasingly integrated into our lives. Today, people utilize social media quite often to find new places to eat, see, and visit such as c-stores, restaurants, or gas stations near them. It is helpful to create social media accounts for your c-store so that people will easily find it online via their favorite platform.
Particularly helpful social media networks are Instagram and Pinterest. Utilize hashtags that will make it easier for users to find your store and key items you sell. Add photos that promote your products and services.
Keep your accounts active and updated by posting often and interacting with consumers online. Post about sales or deals (or those delicious churros) that may attract more customers.
Invite Customers to Be a Part of Your Social Media
Show you have happy customers! People want to know that other people had good experiences at your store.
Get your customers’ consent to include them in your social media posts. This could be a video of people discussing their love for your c-store or a picture of someone eating your food.
Chief Business Strategist of LSMB Business Solutions Linda Murray Bullard, stated,“Using this method provides new customers with what to expect and helps to increase the know, like, and trust factor for the business.”
Encourage Customer Reviews
People often check reviews for businesses prior to selecting a destination. Invite your customers to review your c-store on Yelp, Google, or Facebook in order to boost your profile.
One way to get customers to participate is by putting up signs that directly ask customers to review your store. You can also get creative and offer incentives for leaving a review. For example, customers could receive a free cookie if they show proof of leaving a review.
This digital strategy promotes better customer service from your employees and helps your c-store rank higher in Google search map results.
Use a Mobile App for your Loyalty Program
People are on their phones all the time. With a mobile loyalty program, customers can easily stay connected to your c-store and keep track of coupons and deals.
Additionally, this will encourage customer loyalty. People will have greater incentive to come to your c-store if they can accumulate points and easily redeem them for discounts, deals, and promotions, rather than going to another c-store.
A mobile platform will also make it easy for business owners to reach out to and inform customers about their c-stores. Everything the customer needs to know will be in one place. A mobile app is more efficient than having to print out easily misplaced or forgotten coupons or flyers.
There are many ways to effectively market a c-store and these are just a few. Marketing strategies are constantly evolving and adapting to the ever-changing world. It is important to learn customers’ needs and adjust accordingly. Who knows what new and creative marketing strategies will look like in the future?
- Published in Mobile