logo      welcometoentrepreneurcountrylogo
Log in using Facebook Forgot login?Register
News & Features Business Know-How Getting The 'Posh' Treatment

Getting The 'Posh' Treatment

Written by Charlie Mullins on Monday, 03 September 2012 11:14
Rate this item
(0 votes)

Me, I prefer to call it 'Value For Money', and here's why!...

Since the recession hit, quite a few years ago now, I've been reading articles on consumer trends. We are told that people are flocking into the likes of Aldi and Poundland, and that this is evidence that customers are prepared to compromise standards to save a few quid. Nice story ha? Shame it's a complete load of bollocks!

I've been doing my own consumer behaviour surveying (for some years) and it turns out what people are looking for is value, and companies not giving good value for money go broke, whatever the prevailing economic conditions. So why are people buying more groceries from Aldi, I'll tell you why - because they are of a high quality, and sold at a good price. Perhaps when cash is tight customers are more motivated and so get the most value out of every pound, which forces them to the best value purchasing solution more quickly, but believe me people won't buy rotten vegetables from Aldi (or anyone else), and Poundland will never be caught trying to shift Romanian toothpaste! So please, let's stop peddling this crap and use a bit of common sense.

Good value is exactly that, and what's offered bears no relation to a sane person buying it - it is what it is. And just the same way retailers traditionally thought of as being at the budget end of the spectrum will, if they have the best offering, see their car parks fill up with Mercedes as well as Mondeos, those perceived as exclusive brands will also have wider appeal if they do the same.

We've been called 'Posh Plumbers', 'Plumbers To the Stars', even 'The Millionaires' Plumbers', but never by me. As far as I'm concerned what we've been doing since I started the business in the basement of an estate agent's office, in Pimlico, in 1979, is provide a high quality service at a fair and transparent price, in short offer good value for money. I'm under no illusion that had I not done that from the beginning I'd have gone skint years ago, probably 1980. So call us what you want, and if turning up on time, in smart vans that don't break down (or leak oil outside your house), is posh then so be it. And when the engineer in the neat, clean uniform, gets out of his van, plumbs with aplomb, because that's how we trained him, then cleans up the mess, and produces a detailed, itemised invoice, maybe that's posh too? Whatever it is, we are, just like Aldi, reporting more customers than ever before (the numbers don't lie last year we turned over a record £17 million).

So here's a consumer trend for your flash marketing magazine - it's the economy stupid! It ain't rocket science - customers just want to receive good value for their money!

Last modified on Monday, 03 September 2012 11:20
Charlie Mullins

Charlie Mullins

Charlie Mullins is founder of Pimlico Plumbers - London's largest independent plumbing company. Leaving school at 15 with no qualifications and working as a plumber, Charlie had a vision to change the stigma of the existing plumber industry, with the company now boasting a celebrity client base and the most prestige service in the industry. Pimlico has become a family business that is part of the Pimlico Group plc, providing all trades with a workforce of around 200, 160 vehicles and turnover in excess of £16 million. Charlie has also appeared on BBC1's Posh Plumbers and Channel 4's The Secret Millionaire.

If you would like to read more of Charlie's, honest, straight-talking approach on business, current affairs, social initiatives and entrepreneurship, find his blog here.

Charlie spoke at the past Entrepreneur Country Forum, to find out who will be at this year's Forum on the 27th February please click here for more information.

Website: about-us.pimlicoplumbers.com/media/blogs

comments  

 
0 # Premier Property 2012-09-25 11:52
I think you are quite correct - most people are aware that value is much more important than cost in most areas - especially when it is something permanent like housing.

It's a mistake many make the first time - going for the lowest cost, whether that's plumbing or anything else, but without considering the additional costs from delays and poor workmanship.
Reply | Reply with quote | Quote
 

Add comment


Security code
Refresh

Latest Comments

Welcome to Entrepreneur Country

Community Coffee Lounge

Welcome to the Entrepreneur Country Coffee Lounge.

coffee_lounge

With a host of viral videos, games, cartoons and puzzles, its your time to relax.

Entrepreneur Country

Related Media

Facebook/Twitter

EC Tweets

Loading...

Last 4 tweets from EnCountry:

Poll

Should Britain be part of the European Union?

Yes - 69.2%
No - 30.8%

Total votes: 78
The voting for this poll has ended on: 23 Feb 2013 - 14:44