Small Independents Vanishing; Unable- or Unwilling– to Change

By Paul Pannone

Times are tough are about to get tougher, especially for small, independent business owners that have fallen behind or have simply given up the fight.

Through the use of new technology business has actually gotten simpler for those businesses that can fund the move. The path to streamlining technology is not easy for small businesses, including the least likely. When you think of Hollywood, films and everything associated to the world of movies the average person thinks there are millions of dollars and huge profits for any business remotely connected with the business. Nothing is further from the truth, especially for small theaters, struggling through a shift towards digital.

According to a story by KOB.com;

“Some small, independent theaters created a cooperative, the Cinema Buying Group, to pool their resources and participate in the industry program, but the cooperative also required a review of each theater’s financial strength and other factors. Many of the smallest theaters didn’t qualify or were hesitant to join.”

Discussions with business owners of all sizes agree smaller operators are hesitant, even suspicious of anything new or progressive. Many are reluctant to put their trust in anything that might help their business. Most mention the ocean of information and are not sure where to put their resources.

In the wedding business owners shy away from putting resources into third-party advertising. Mistrust, poor performance and general negativity are diverting resources into in-house promotions using free Social Networking tools.

 

Collezione Fortuna means a fortunate or lucky collection. Like many smaller stores Collezione Fortuna began in humble  surroundings. Today success comes from continual change and keeping up with ever-growing consumer expectations.

 

In a post by Collezione Fortuna Social Networking is said to be growing and working for smaller operators.

“Social networking is becoming more powerful that ever.  Ask your customers how they are finding you.Most of mine have been through Google, my Website, and other Social Network sites, my blog, ect., and of course “word of mouth” referrals.  Most of these advertising tools are free or cost very little money..and network as much as you can, especially in circles that relate to your business.”

But as powerful as Social Networking is, experts tell eWedNewz it’s probably a mistake for small independents to hire minimum wage workers to man their campaigns; not knowing the product or services as well as they should.

“This is the problem that small businesses face; they look to save money, and not invest money into programs that offer a good ROI (Return on Investment),” according to Jim Duhe of Bridal Guide.

Duhe and other advertisers say smaller operators face increasing challenges, as bigger organizations pool resources and work closer together.

42% of an ongoing poll so far says business is better than ever. 49% of respondents say they’re keeping their heads above water, expecting business to get better. 8% said they are sinking fast.

What do you say?

 

 

eWedNewz continues our investigation of why smaller independents are not following simple business logic and adjusting to technological advances.

eWedNewz

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2012

The Situation Makes Tuxedo History in Las Vegas

By Paul Pannone

Mike the “Situation” Sorrentino made a scheduled appearance at the FLOW Formal booth this week. FLOW signed the TV star from the popular MTV show, Jersey Shore, to attract a new generation of casual culture fans and show them how to dress properly for special occasions.

The tuxedo business finds itself in a deteriorated state after a decade of decline. Lack of leadership by tuxedo trade organizations, failure of manufacturers and retailers could finally be turning around, now that the strongest entities take their rightful role.

It’s going to take a concerted effort between manufacturers, wholesalers and retailers to make things right again in a business that’s gone so wrong for so long. In addition it will take major funding and star power to reach the difficult market that want to take things easy, have fun and not feel like they’re wearing their father’s tuxedo.

“Mr. Sorrentino (Sitch) gets us that. He brings a huge following that we want to reach,” said Brian Weintraub of FLOW. Since February, Weintraub and the entire FLOW team worked tirelessly to introduce the Situation to the tuxedo business and connect them to an updated world. This was the week it finally happened.

Sitch Sorrentino created buzz in all media sources when the news was released that he would be a spokesperson for FLOW. Major news sources picked up on the story and are watching “the situation” closely, waiting for updates and progress.

eWedNewz spent the week with the actual clothing line that doubles in club wear and for formal occasions, giving retailers sales opportunity beyond specific event wear. The Situation line includes seven products, including the Avalon, the hottest coat in the collection. Originally there were six but because of interest, a white version of the Avalon was already added. The best news about the Situation line is the price; affordable. For about the cost of a no-name, or worse– a fictitious name with no marketing or advertising to drive demand– qualified retailers can buy into the situation line with built in, growing buzz.

 

Customer Service manager for FLOW, Silvana Mastriola, checks out the situation and finds a tuxedo business ready to give consumers what they want.

“We know what our customers need and what their customers want; we answered the call. Finally there is excitement in our industry again,” according to Silvana Mastriola, customer service manager at FLOW.

Silvana is one of the hardest working people in the formal wear business and sought after by accounts she calls friends. On any given day Silvana answers hundreds of calls, emails and is always going out of her way to make sure customers are totally happy. Silvana told eWNz she’s excited about the new situation product line and the buzz it is creating.

 

The Situation created such buzz in Las Vegas even FLOW’s competition’s model made her way into the booth to strike a pose with Sitch. We hope she doesn’t get fired.

 

Eric and Brian Weintraub, responsible for bringing life, excitement and an opportunity to revitalize a dead business, take a moment to pose with the new “situation” for tuxedos.

 

 Aye, oh, ah, eeeeee….ohh, aye…. and sometimes y, aw-rite? Right here ya know? Rock it on Sitch.

 

 

 eWedNewz

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2011

More Vera Wang Bridal Products Become Affordable

 

By Paul Pannone

Since announcing a deal with David’s Bridal, plans to make more Vera Wang bridal products available at affordable prices continues to grow. The expansion includes bridesmaid dresses to the David’s Bridal collection retailing from $150 to $200, with shoes also slated at affordable pricing.

Furthering the expansion into bridal a new partnership with 500 Zales stores creates a mainstream– again affordable line– of jewelry strategically priced at a slightly higher starting price (under $2,000) than the varying national average price of an engagement ring, depending on the source.

 

Vera Wang products move from luxury to affordability to service a broader market.

 

The Vera Wang move to affordability is consistent, as the days of offering exclusive wedding dress designs at prices starting at $15,000, selling in any consistent degree to the public are all but over. The revised move into jewelry comes as no surprise as a reported 78% of brides spent less than $1,031 dollars for their dress in 2009. 16% spent between $1,031 and $2,062 dollars. Only 6% spent over $2,062 dollars and only a small fraction of the purchases were Vera Wang designs.

Wang’s move into more affordably priced jewelry comes after a failed attempt in luxury jewelry with Rosy Blue group in 2003. The collection started at $300 dollars for a basic wedding band with average pricing ranging between $2,000-5,000 dollars. Elaborate pieces ran as high as $150,000 dollars. But the deal fell apart as the luxury market and global economic factors sealed its fate.

The Zale’s deal will expand Wang’s reach to the mainstream masses, offering a wider selection at realistic prices that reflect the current market conditions in the wedding business.

Vera Wang’s struggle with a labor union remains the most-read eWedNewz story of 2011.   

 

eWedNewz

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2011

 

 

Talk is Cheap but Litigation is Expensive; ask Steve Lang of Mon Cheri

By Paul Pannone

The price of just about everything is way up but the cost of litigation has always been expensive. Sometimes even if you win the case you still come out on the financial losing end. But to some winning in principle and fighting for what one believes is worth far more than monetary gain.

Steve Lang (L) with one member of his design team, James Clifford, a.k.a Jim Hjelm, at the 20th anniversary celebration of Mon Cheri. Lang gets set to announce another triumph on Monday that will raise the bar again for the wedding dress business.

 

The scrappy Steve Lang of Mon Cheri told eWedNewz he watches over his property like a hawk. In the wedding dress business Lang is well-known for his litigious trigger finger and love for cease and desist notices.

This week in the Wedding Water Cooler Lang even warned a fellow Coolie that joked they may be getting a line with David’s Bridal. ”As long as you do not copy my line; David’s has been sued by Mon Cheri twice and is under court order to stay away from our designs. If they break the agreement they would be in contempt of Federal  court. They have been good kiddies since the agreement and since paying us so they need to be careful. I watch like a hawk.

We have legal precedence on our side given we won that battle with them and the significant award we won in Federal Court against Wen Wu.  These are not the only wins; we have never lost a suit in this regard, that is why those on the losing end throw  stones (at us).

My word to the wise is to hire their own designers and to not poach. I have 8 designers and I will announce the  joining of a major new  name next Monday  that comes with a TV program.”

eWedNewz will bring you full coverage of Monday’s Mon Cheri announcement.

 

eWedNewz

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2011

 

 

Calvin Klein Formal Wear Line for 2012 Ready for Unveiling

 

By Paul Pannone

The 2012 Calvin Klein formal wear line is ready for showing to qualified stores that want to leverage the brand recognition and quality assurance associated with the name. Stores already carrying Calvin Klein products say they’re out-performing other merchandise at higher prices.

The 2012 line includes seven styles with updated lapel/pocket treatments and fit in classic and designer fashion merchandise.

Driving the line is new photography used in all marketing and advertising campaigns including a total revamp of www.tuxedos.com driving consumers to stores carrying products they’re looking for.

More information and updates about Calvin Klein is available on the FLOW FaceBook page, including the release of new images.

 

 

eWedNewz

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2011

The Wedding Water Cooler Gets to the Bottom of Issues

By Paul Pannone

The Wedding Water Cooler is shifting gears again and breaking through the politically correct ceiling that members say keeps the wedding industry from becoming a better place for everyone. Members of WWC say they love the format that is free of clutter and having to act, walk or even talk in any particular way, opening the door to free expression, lucid discussions and at the end a conclusion.

Professional in the group say they’re concerned in how the public perceives the wedding business. Professionals behaving badly is a concern to WWC members interacting with each other. For over two months, members are deciding which fellow members are real and which are full of shit. The real ones are making their feelings known and taking fellow members to task, leaving them bruised and battered.

Denise Newell told eWedNewz she is sick and tired of the way things are in the wedding business.

 

“The good part about that is, it only has to happen once. Anyone hearing or reading about it becomes well-aware of what to expect if they decide to join,” according to Marcino Savant.

Savant and the growing voice of WWC is permeating out to the wedding industry, warning those with something to hide to stay away. Savant and other members say they’ve been quietly observing the action and fully understand why the groups effect on the business continues to grow. Both told eWedNewz they expect changes to come slowly but they eventually will come.

“I find it quite interesting because I am sick and tired of how things are in the wedding business. Everything is sugar-coated in a “professional way” yet the same professionals will not think twice about stabbing you in the back when you turn away,” according to Denise “Dee Dee” Newell.  

Newell bills herself as a “mentor” but says it’s an honor to teach others what she knows and help them get started. According to Newell, better professionals creates a better wedding industry. Newell also informed eWN there is no charge for the courtesy.

“It does get frustrating at times but I do what I can to overcome the frustration. What gets me is the sugar-coated information that never really gets to the heart of the matter. I’ve been in many forums and groups but none come close to what’s taking place in the Cooler,” according to Newell.

Newell and her fellow-Canadian members, Sheryl Davies and Sandra Aaron, actively participate in the debates, asking specific questions about the wedding industry, organizations and personalities that leave nothing to the imagination in WWC discussions. Hard questions and fiery debates conducted in an irreverent way cuts through the saccharin and gets to the heart of matters that members say really “matter”.

Both Newell and Savant apologized for not participating as much as they’d like. Both told eWN they’ve been busy but are very aware of the discussions. We informed them, no apology was necessary and welcomed them to nominate others they work with to join the group.

 

eWedNewz

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2011 

 

 

 

 

 

Stacie Francombe Saccharin Statements Raise Real Issues in the Wedding Business

By Paul Pannone

Over the weekend hundreds of emails between Wedding Water Cooler members resulted from  an eWedNewz story about Stacie Francombe. The story focused on fees charged for her services, raising the interest of wedding industry members that seem lost and seek help for their businesses. Francombe came under fire for what some feel is the improper use of the word mentoring that she admitted could be worded differently.

But the fireworks really began when Francombe accepted an invitation to join the WWC and what she thought would be the typical la-de-da discussions found in nearly all other wedding industry forums.

 ”Boy was she wrong; this forum is the first one I’ve ever seen that is brutally honest and doesn’t drop a discussion until a final conclusion is found,” said Jim Duhe of Bridal Guide.

Duhe joined other WWC members in trashing Francombe’s Saccharin statements in her efforts to separate from her past at Get Married. Francombe was viciously attacked by Samantha Goldberg citing issues with Francombe’s involvement with Get Married and Wish Upon a Wedding dating back several years. Onlookers in the group deemed “butt buddies” involved in various industry ventures with Francombe could do little more than say she was under non-disclosure agreements, prohibited from speaking openly about what was going on at the time.

 Stacie Francombe was viciously attacked all weekend long but was remarkably poised and kept her cool during the entire pummeling, while fellow industry constituents looked on.

 

Monday morning discussions about the weekend events said the rants, raves and sometimes incoherent statements did raise some very valid points about fairy dust wedding marketing and advertising. Throughout the discussions Francombe skirted direct questions about her association with Get Married and at times tried to muddy the waters with proper etiquette, civility and the need to “be nice”– but to no avail. Her statements were consistently shot down and her refusal to discuss direct questions seemed to infuriate some of the members of the discussion group further.

Others that just observed the exchange came forward when assertions of impropriety came to light, including Get Married’s alleged fudging of website traffic and providing qualified leads generated from their site. Statements perked the ears of some WWC members, including the owner of the second largest dress manufacturer in the United States, Steve Lang, owner of Mon Cheri in Trenton, NJ. Some of Lang’s statements drew immediate response from other respected industry members that know him for many years. 

“When you hear a guy like Steve Lang responding the way he did; wanting to know if he is getting his money’s worth from advertising decisions he makes– that’s huge,” according to wedding analyst, Christine Boulton

Lang is a noted, sharp decision maker for Mon Cheri, recognized for their marketing prowess. Lang seemed taken aback by some of the assertions made against Get Married and wanted to know if there are other advertising companies– web or otherwise– that could be guilty of the same allegations. Lang interacted with David Fuhrer, the Julian Assange of the wedding business. Fuhrer blew the whistle on wedding websites in 2010 after concluding the business model did not work.

In a simple, one-word reply from Fuhrer, he defined the state of an entire wedding industry;

“yes”.

 

With Führer’s reply, Lang invited him to press on saying, “ Tell more please so we can learn from you.”

Private reaction from other WWC members feel a litigiously renowned Lang will not let go of what he feels is right. According to sources close to Lang his pursuit of the truth and what he feels is right far supersedes any monetary gain obtained along the way.

Monitoring the interaction are 32 members of the Wedding water Cooler, including wedding veteran, Jim Duhe. Duhe issued the following statement in the WWC consistent with years of discussion and questions he posed in various other wedding industry forums that never received any attention, much less an answer.

“I don’t pretend to know what many on this board know about online metrics.  Comparatively, I’m a dinosaur.  However, it seems to me that online advertising result expectations far exceed anything that can be delivered realistically.  Like TV, radio, and print, an exact ROI or calculation of ad effectiveness may be technically impossible to decide unless you are selling a mail order product.  Disregard unique visitors, unique page views, and even time spent on the site aside.  The only thing that matters is response and conversion:  the volume of product sold; the volume of services booked.

Again, I’m not in your league, David, however, it seems to me that analyzing internet advertising ROI is much the same as analyzing controlled circulation print  (including magazines with high verified/free subscriptions).  There is no legitimate way to track ad impact/results within some categories. At the same time, well-trained ad sales people make all sorts of assumptions and assurances about what the audience will and won’t do — all sorts of promises about what can be delivered. If your pitch is loud enough and if you repeat it often enough, prospects believe and buy – until they wise up and do the math. Count the hundreds/thousands of businesses that bought into The Knot.  How many stay loyal today?

There’s no way to know exactly what the consumer is thinking or even exactly who the consumer may be when she visits The Knot, Wedding Wire, etc. It doesn’t cost a dime to visit a bridal web site. The viewer may be wishing/dreaming.  She may be playing.  She may be window shopping.  She may be bored. She may stay on a site for an inordinate amount of time because she can’t navigate it — not because she’s absorbed by the content.  When you compare the number of unique visitors promised by any of the major bridal sites to the number of weddings that occur in any given year, the calculation is laughable — as long as your  dollars aren’t paying for the joke.

There’s a significant difference between the print and internet audiences. The internet is free. When a consumer reaches into her purse and spends $6 for a magazine at the newsstand, she means business. The consumer is paying for the information she obtains. Therefore, she views it differently. She invests a greater level of confidence/credibility in it.  This isn’t to say that magazine advertising works for everyone in every category. It isn’t to say that print is all you need. However, it’s important to realize that print delivers a different kind of message than the internet. It delivers a consumer who may be frustrated by internet information overload. It delivers a customer who may be looking for guidance as to where to shop on the internet.

No.  Magazines don’t (or shouldn’t) pretend to reach every bridal customer. Yes. There may come a time in the future when all print is obsolete.   No.  This doesn’t mean that print readers are exclusive to print products.  The majority use the internet as well.  No.  There is no silver bullet. This isn’t about what will happen tomorrow or in 2012 or 2020. It’s about what has happened in the recent past and what is happening now. There’s always a grain of truth in every cliché:  never put all your eggs in one basket.

All of us want easy answers to complex questions. All of us look to the experts for those answers. I don’t pretend to be an expert in all product categories — only in one:  female bridal apparel and (to a lesser degree) accessories.  I don’t know squat about travel, catering, florists, photographers, wedding planning or many other goods and services associated with the wedding. 

While I can’t predict the future or guarantee advertising success, I can provide a historical prospective. I can offer a list of fashion manufacturers who walked away from print in favor of the internet and what happened to their businesses. Is there a direct correlation between these decisions? It can’t be calculated honestly but it seems very coincidental. It’s also curious that The Knot maintains a magazine as a supplement to it’s site. If The Knot’s internet superiority were enough to insure advertising results, why is a print product necessary?  

Think about this:  female bridal apparel images drive traffic to bridal web sites. Most fashion manufacturers PAY to include images on The Knot, Wedding Wire, Brides.com, etc.  Most — but not all.  The majority of sites feel as if they can’t possibly survive without brand names like Vera Wang, Monique Lhuillier, Reem Acra, et.al.  In essence, moderately priced gown manufacturers are paying for the privilege of giving brand name designers a free ride. Again, I don’t understand the metrics but no matter how you twist them, it seems to me that these numbers don’t add up. 

IF we are, indeed, the experts, it’s incumbent on each of us to know what the hell we’re talking about before we make recommendations to private business owners. You can get away with “I don’t know” if you’re an unpaid mentor. You should be ashamed of yourself for not digging deeper to unearth answers if you’re a paid consultant. Otherwise, you’re no more credible than a snake oil salesman,” said Duhe.

The honest assessment and open discussions in the Wedding Water Cooler this weekend has lasting implications for the wedding business. More than ever, wedding industry speakers and personalities combine their efforts, as the pool of unsuspecting novices dries and the truth emerges. This leaves less crumbs on the table for the growing number of slick-talking Hucksters of the wedding business to prey on.

Thoughts?

 

 

eWedNewz

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20122

 

The Week of August 1st in Review

By Paul Pannone

FLOW Formal announced a situation deal with Jersey Shore TV personality, the Situation. Overnight news sources of every size picked up on the story putting tuxedos in front of millions of combined internet and television viewers and raising awareness to their use.

Do you believe in magic? How about claims that will double your business? If so, call us; we have several bridges for sale in New York harbor.

 

eWedNewz continues it investigation on advertising and marketing sources that make false claims and prey on the lack of sophistication in the wedding business. Good people in business do not always make good business people but common sense tells us you cannot “double your business” by attending a seminar.

Stacie Francombe, founder of Get Married, joined the Wedding Water Cooler and was immediately blasted for her past at the company. Francombe’s composed, professional attempt to set the record straight are met with skepticism and doubt, as she tries to move her career past the troubled past.

Francombe’s fees  along with her use of words that do not signify commercial use face hard questioning. eWedNewz continues our coverage.

 

eWedNewz

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2011   

Stacie Francombe Joins the Wedding Water Cooler; gets Welts from the Welcome

By Paul Pannone

Stacie Francombe, the founder of Get Married, tries to move forward from her dubious past and set the record straight. In a bold move, Francombe accepted an invitation into the Wedding Water Cooler discussion group, greeted by the fire and brimstone of hell bestowed upon her by critics in the group that have watched her career for years.

 

Stacie Francombe post Get Married, subtly denounces some of the marketing strategies she peddled while at the company. Sources say Francombe became powerless and was ultimately forced to abandon the company she created and now wants to reestablish her credibility as a wedding market “mentor”.

 

 

Amid the assertions and vile remarks, Francombe remains poised and so far resilient to the attacks. eWedNewz will continue to watch Francombe and all other personalities of the wedding business. Francombe could be the start of a  trend to right the wrongs of the wedding business, now that eWedNewz exposes the high cost of the fairy dust. 

 

eWedNewz

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2011

The Cost of Words of Wisdom from Stacie Francombe, Post Get Married

 

By Paul Pannone

eWedNewz continues our watch on wedding industry fairy dust in marketing, advertising, bridal shows and general information. The impact of our investigation shows up in how some legitimate marketers are changing their presentations, while total Hucksters we’re watching struggle to keep up a cash-flow. The challenge will become harder, as most businesses bring ad/marketing  in-house via Social Networking but there will always be a “market” for marketers– because there is a sucker born every minute.

Picking up on eWN reports and the changes that have taken place are wedding analysts like Christine Boulton. Numerous discussions with Boulton involving the unlikely success of national websites and advertising organizations continue. Boulton and others keep their audience updated on their blogs.

“I am seeing the localization reason. Bridal marketing for most of us has always worked best when it is local. Brides look to the national media for idea, but to local for vendors,” according to one of Boulton’s posts.

 eWN has watched the recent falloff of national organizations like Get Married. Reports confirmed by ex-employees including high-level executives claim the company was less than honest with advertisers.

“The website had no traffic; some months we had to buy leads (from other sources) and send them to our customers, just to make it look good,” allege several sources that were fired from Get Married.

Discussions with, Stacie Francombe, founder of the company, did not include her time there, wanting to move on and talk about her own career– post Get Married. Francombe served in various positions including Executive Producer until her departure.

“I really don’t want to talk about them; I’d rather focus on what I’m doing now, at this latest stage of my life,” she told eWedNewz.

 Francombe’s latest venture called Inspire Smart Success departs from the national, cookie cutter approach she developed in her tenure at Get Married. Instead, Francombe “mentors” business owners at variable fees.

“Because of the nature of the business and the time involved to create success, I didn’t want to be limited to a price sheet. There are various price structures for businesses, according to the services required,” she told eWedNewz.

According to Francombe pricing structure predicates on intensity of service and knowledge she brings to her clients. Cost could be as little as several hundred dollars a month to several thousand for her “mentoring”. ewedNewz questioned Francombe on the use of the word that became the focus of this story. 

Webster’s dictionary defines the word mentor as a wise and trusted guide and advisor. In the weeks of discussions in the development of this story, eWedNewz asked various sources their definition of mentoring and found similar descriptions to Webster’s definition. At no time was the exchange of money ever mentioned.

 

 Will you be my mentor? 

“I struggled with that word; mentor. I didn’t want to be referred to as a coach, or consultant, or advisor. So, yes, I decided on the word mentor,” Francombe told eWedNewz. 

Members of the Wedding Water Cooler discussion group brought up the topic leaving some of the elder members to object to the use of the word– for profit. Other members of WWC looking at facets of Francombe’s current business direction offered their own opinions and left them on her blog. For the moment, eWNz focuses on the part of Francombe’s business she monikers “mentoring”.

“The word mentor means to freely give of one’s knowledge and answer questions to the best of their ability. The word exudes high standards and appreciation for a collective body of work and life’s experiences. To be considered a mentor is the highest honor bestowed on anyone. To me the exchange of money or commercial use of the word cheapens the concept,” according to Jim Duhe. Duhe himself, called a mentor by several members of the wedding industry, fully understands the implication and loose application of the word.

 To recap, after several attempts, eWedNewz learned Francombe charges on average, $1,200 per month to be a mentor. According to Francombe, it depends on the company’s size and the amount of services required, whether the charges are greater or less. Francombe claims $1,200 per month is a moderate fee.We invited Francombe to join the Wedding Water Cooler discussion group. Her acceptance and participation is pending.

eWedNewz continues to watch all other wedding marketers, including Francombe.

 

eWedNewz

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2011