From the monthly archives:

March 2009

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Proven Strategies to get More Members.

by Douglas Gould on March 28, 2009

gymmemb Everyone wants more members, right? Members are the guaranteed income stream. Members offer generally low stress work that usually ends with a happy customer. What’s not to like about members? Here are some proven strategies to get more towing members.

Never fight the same battle twice: Whether it was a MARB or a contested general assistance call over the radio, if you got the job, you should never, ever let that guy leave without a membership. For whatever reason, this sailor has chosen you for this job. It doesn’t really even matter why. Maybe you got there first, or your radio sounded better, or your price was cheaper, or you’re the only one around – who cares. What matters is that for duration of this tow or service call, you’re on his team, and something you did got you a spot on his team. So you won this small battle to earn a few bucks today. Why would you want to risk loosing that battle next week or next year? You have to sell this guy a membership at all costs.

Make it easy for the customer to join at time of service: If you are towing a non-member, you should already have his boat info, contact info and a credit card number (you got all that before you started towing, right?) – everything you need to complete a membership form. During the tow, take a few minutes and fill out a membership application for this guy. When the job is complete, explain your program and offer the completed application to him, and say “For only x bucks per year, all your future tows will be free! Just sign here.”

Sometimes you gotta give a little: Sometimes a guy just needs a little push; an incentive. These people are waiting for a signal from their decision center to get from “I’ll think about it” to “Alright”. If you don’t want to discount the membership, then offer to take $20 off the tow bill. Or, offer to add 2 free months to the new membership. Don’t start with this up front, but use it to close the deal when the guy balks.

Launch ramps are better than boat shows: You spend hundreds of dollars to rent a boat show booth, then you sit on your tush for hours eating hot dogs and stuffing bags with brochures. You can tie up at the launch ramp, bring a bag lunch and hand out brochures for much less than a boat show booth. At a busy launch ramp, you’re bound to find some non-member who needs a jump start. Offer to give him one for free if he joins right now. One thing is for sure, everyone launching a boat is pre-qualified as an active boater.

Learn to fish: I hate to fish. Sometimes I think fishermen aren’t casting with a full box of tackle. But fishermen make up a big portion of our customers, so when I say learn to fish, I mean learn at least enough to carry on a meaningful conversation with a fisherman. Any fisherman worth his Penn International 80VSWs wants to know two things: where are the fish biting, and what are they taking for bait. If you can’t talk about that, or at the very least show some enthusiasm for the subject, you send the message that you are not interested in their reason to own a boat in the first place. You don’t want your brand name associated with the words “not interested” do you?

There are non-members out there, and as the economy softens, you must commit to turning every one you service into a member.

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No Cure-No Pay for AIG?

by Douglas Gould on March 25, 2009

reunion-vs_640x480Isn’t it ironic that the biggest player in the insurance industry found itself defending the concept of performance bonuses last week in front of a hostile Congress? We’re not talking a few hundred bucks in an envelope at Christmas, either; we’re talking huge, gianormous amounts. Ironic because insurance companies like AIG and Travelers scream to the tops of the highest skyscrapers in NYC when they see a salvage claim of ten or twenty grand for a job that only took a day, or even just a few hours. Outrage is a bitch when it goes the other way, huh guys?

As the anger and shouting about the AIG bonuses calms down, if feels like the entire country is taking a deep breath. Reasonable voices have pointed out that while it is outrageous to reward financiers during a period when their units have lost billions, performance bonuses paid to individuals as a reward for their success remains consistent with our values. Even more on point is the argument that using rewards as an incentive to entice the lucky recipients to find more ways to be successful is not only good for capitalists, but it makes sound public policy too – “We need these people with special skills…”

Has there ever been a better retention bonus contract written than the No Cure/No Pay Open Form? No seriously. The Open Form says “I will work on your behalf during this difficult time. If I do a good job, I expect to be handsomely rewarded.” When insurance companies sign employee contracts like that, it makes perfect sense to them and those contracts are defended all the way to a House Subcommittee. But when the owner of a yacht signs an Open Form, its outrageous! Piracy! Yeah right.

The outrage towards AIG isn’t really about the dollars, we all know corporate executives make a lot of money. The outrage was fueled by the knowledge that these sailors had actually steered the Titanic towards the iceberg. Rather than do something to mitigate the risk, the geniuses  at AIG Financial Products receiving bonuses actually caused the problem in the first place. Now we are in the realm of ultra-irony – if there is such a place – because creating a dangerous situation so that you can collect the savior’s reward is the classic definition of piracy.

At least the rewards that modern salvors get under the concept of No Cure-No Pay require some degree of success.

Maybe we just need a new lingo. Boaters have been so conditioned to avoid the term salvage at all costs, and the underwriters just see a skull and crossbones on any page that says salvage. Here is an idea: take all your salvage forms and change the title to Hull Integrity Retention Bonus Contract.

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It’s a Drag no matter who tells the story

Do boaters tell ‘Dark & Stormy” tales, or is it just us salvage guys? A good portion of my income is generated by assisting boats dragging anchor. 90% of those dragging are unattended, and dealing with them is a pain in the ass. Long time writer/cruiser Tom Neale tells it this way: I say, “bravely,” [...]

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March 18, 2009 Read the full article →

TWIC Page now updated

I have been sending around some emails and queries to the USCG about the TWIC program, trying to sort out some of the details about what the future holds. I actually sympathise with the CG on this issue, because I don’t think they really wanted the TWIC to begin with, and those that wrote all [...]

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March 17, 2009 Read the full article →

Final TWIC/MMC Rule Published

Red Right Returning scoop! Monday’s Federal Register will include this document: Consolidation of Merchant Mariner Qualification Credentials; Final Rule OK, not much of a scoop: there isn’t really any surprises here. What this does is put into law the fact all your USCG Credentials will be bundled in to one  document, and that the USCG [...]

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March 14, 2009 Read the full article →

SeaTow makes media splash and $100k

Who says there is no good money to be made in derelicts? Be sure and watch the video. Tax dollars help remove abandoned boats | WINK News – Southwest Florida | Local & Florida.

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March 9, 2009 Read the full article →