According to the Wall Street Journal, Chili’s "… is mired in a sales rut and could post its 12th straight negative same-store-sales period this month.” Ouch. One financial analyst went so far as to describe Chili’s situation as “treacherous.” Double ouch.
Can’t say we should be surprised given the surprising HMOs (hot marketing opinions) y’all shared about Chili’s in my “Would You Care” series.
Comments ranged from Chili’s being forgettable because they are just another generic casual restaurant to folks saying that they visit Chili’s not for their food, but for their convenience. In other words, Chili’s is boring. And boring is the last thing you want your business to be.
Here’s a not-so-boring takeaway quote from pg. 50 of Seth Godin’s book on being remarkable, PURPLE COW …
“The lesson is simple—boring always leads to failure. Boring is always the most risky strategy. Smart businesspeople realize this, and they work to minimize (but not eliminate) the risk from the process.”
UPDATE: Did you know Chili's has a MySpace page?
They do. And with it, they give away tickets to their 535,000
friends to super-secret concerts. Heck, even their Secret Shows marketing program has
its own MySpace page. Does this make Chili's un-boring?
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