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Posted by Sherry Howell on March 25, 2021
Now that you’ve heard about some of the key benefits, new CenterEdge tools, and a success story, you’re probably ready to think about setting up a membership program for yourself.
We’ve put together this easy-to-use guide to help you get started so that you can achieve program success right from the start.
The first thing you need to do is determine who your membership is planned for. For example, in last week’s interview with Zach Johnson from Rev’d Up Fun, we learned that their memberships are targeted at children, with optional parent add-on memberships. This is smart because the more specific your program is, the easier it is to create unique messaging that appeals to that audience (and the people who buy for them).
Maybe your membership program is geared toward students, teenagers, individuals, or VIPs who want the best of everything and don’t mind paying more for it. The bottom line is that you want to be crystal clear in who your program is for to design and market it with them in mind.
You won’t be able to adequately measure program success if you don’t start with a baseline. And to do that, you need data. Take some time to gather as much as you can about your current guests. Some key data points to analyze are:
Suppose you sell attraction passes or entitlements, food and beverage packages, or game room value on a player card or another type of media, such as a wristband. In that case, you might also be tying those transactions to customer profiles. Then each time a guest visits and uses their payment media, you’re able to see how they’re engaging with your facility.
If you’re not currently associating a guest’s profile to their onsite transactions, consider starting there. One easy way to do this is to build a basic loyalty program. There are many loyalty program types, but the easiest are purchase-based or visit-based programs that give returning guests points towards a reward such as a bonus, free item, or discount once a visit number or spending threshold is met.
By enrolling everyone at the point of sale, you can capture both visit and spending behaviors because you can associate transactions with a guest’s profile. This allows you to see how often they’re visiting, what they’re doing while onsite, and how much their average spends are. Then you’ll be able to create specific program objectives and goals, which are great for your business. The loyalty program is great for guests because they feel like they’re being rewarded for being customers.
Get clear on your program objectives and quantify them. Who are you targeting? What buyer motivation will you be tapping into with this offer? How many more times per year do you want this guest to visit? How much do you want them to spend during their visit? How many members do you want each week/month/quarter? What kind of experience are you offering this guest?
Once you have a clear picture of your baselines and objectives, it’s time to design your membership programs with those objectives in mind. A few Do’s and Don’ts for building any kind of relationship programs like a membership or loyalty rewards program:
That doesn’t mean that you should underprice your program. Doing that can overwhelm your capacity and make it so you don’t leave any room in your schedule for nonmembers. A good starting point might be to consider how a membership price within 10% above or below attraction or package pricing might affect buyer perception and willingness to buy. Also, take some time to analyze what a member’s annual spending and the impacts to your business might be for the membership term.
Once you’re ready to offer memberships to your guests, be sure to build a thorough rollout plan. Plan for :
In addition to rollout marketing, remember that one of your core objectives is to drive new consumer behavior. Your members are a captive audience who know and like you, and they’re most likely to be open to hearing from you. Consider a consistent outreach strategy that encourages members to visit, buy, or book from your business.
Like with any other offering or strategy, be sure you routinely measure the success of your rollout, plan adoption, marketing, and engagement. That will ensure that you maintain an effective program that’s great for your guest and great for your business.
Make implementing a membership program easier for you and your guests. Get the new Advantage Memberships today by contacting support@centeredgesoftware.com.
Topics: Loyalty Programs, Marketing Tips
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