CosmoBiz Magazine April 2016 | Page 33

franchise, we had about six stores and seven franchises. Those stores started doing very, very well. The rumor of the stores doing well spread, and we had more and more customers interested in carrying products.” Starting in 1992 and into 1993 the company started to sell off their franchise stores in order to not compete with their customers and from there they began to focus on ethnic beauty supply distribution. “Where we were, in Houston, Texas, we were one of the first people to start the so called beauty supply stores. From then on, obviously, other store owners started taking the example and asking if we could set up their stores just like ours. We started setting up other people’s stores. From that it kind of branched out. It was hard work but it was rewarding,” Yoon explained, “I actually went around setting up the stores.” Beauty Done Better Most distributors are selling the same products, so what makes Ben’s Beauty different? “We always try to emphasize the service side. It’s not just selling the product but making sure the customer is happy,” noted Yoon, “The service side is the key fact in how we maintain our relationship with our customers; again we try to work with them and understand and meet their customer’s needs instead of dictating that things have to be done our way.” One of the major ways Ben’s Beauty works to keep their customers happy is by offering plenty of oppor- tunities for customers to learn about the products they carry. Soon shared, “At one time all the distributors were having two trade shows a year, and it came out to like twenty or thirty trade shows a year but with the changing times they started to diminish. I think our trade shows, especially the one in the Baltimore BWI area, are a little different. We always have it in that location, and we are the only distributor who still has a trade show in a facility other than a warehouse. We use the BWI Marriott Hotel where we pay for accommodation and meals. We’re the only ones right now who are still doing that. Our customer base appreciates that tremendously. These days everybody opens their stores on Sundays, so for them to actually take time out and come to the show, we’re very thankful for that.” Along with trade shows, for the last four years they’ve offered a unique seminar system that allows store owners to learn about and try new products without the financial risk. The program is a hit with both the store owners and the manufacturing companies. “That was the whole concept behind the seminar—to say ‘Hey, let’s get this product out on the shelves to let the consumer decide if this product is going to sell without putting a big financial burden on the store owners since their cash flow is tight.’ Plus, for manufacturing companies the life and blood is new products. If people don’t buy new products sooner or later they’re going to close down. So for them it’s kind of a win-win situation.” Currently , the company runs several seminars a year in Houston, Philadelphia, Virginia, and Baltimore. Each of these brings anywhere from 120-200 stores. At the end of the seminars each store leaves with a box of products from four or more companies ranging from $200-400 that they are then able to test out in their stores. “There’s no contract,” said Yoon, “they could buy from another distributor, but I just felt the need for the service.” Diplomacy and Distribution We wondered, given that Ben’s is particularly keen to service, if issues ever arise when trying to connect the separate worlds of manufacturers and stores. “Everyone has their good points and bad ones, distributors too. One thing I always try to do is to communicate with the manufacturing companies that ‘It doesn’t matter how good your product is.’ Without the beauty supply stores you won’t have anywhere to sell. The same goes for the store owners, if you don’t have products what are you going to sell? Everyone needs each other.” To that end Ben’s puts a lot of effort into making sure both sides have the information they need, through the earlier mentioned seminars, or trade shows, and even online catalogues that show the latest trends and new product information. “There’s no perfect solution,” Yoon noted, mentioning that in order to survive the recent economic downturn beauty supply owners are paying more attention to product information before they buy. After hearing all about the company’s impressive history and dedication to improving the industry we 33