#pacnet15. bill fagan »the aspire group haynes hendrickson »turnkey intelligence brad wurthman...
TRANSCRIPT
#PACnet15#PACnet15
Bill Fagan » The Aspire Group
Haynes Hendrickson » Turnkey Intelligence
Brad Wurthman » University of Illinois
Scott Gifis » AdRoll
Moderator Craig Ricks » Paciolan
Panelists
#PACnet15
Follows
Interest
Brags
Pledges
Obsesses
Tribalist
Hig
her
Low
erEm
otion
al In
tens
ity
Next Generation
Children
Young Obsessives
Die Hard Fans
Family Fans
Armchair Quarterbacks
Sunset Seniors
Playground Followers
Legacy Supporters
-$
+$Fan Life Cycle
Pre-Schoolers
(0 to 5)
Grade and Middle School
(Age 5 to 14)
High School (Age 14 to
18)
College Student
(Age 18 to 22)
New Alumni (Age 22 to 30)
Families (Age 30 to 55)
Empty Nesters
(Age 55 to 65)
Seniors (Age 65+)
Young Professionals (Age 25 to 35)
Couch Potato Commentators
Life Cycle
#PACnet15
8
7 Key Segments:Example Segments from a
Recent Aspire Research Project
FAMILIES
• Middle-aged families who earn over $75,000 in annual household income
• Motivated to attend by spending time with family and entertainment
YOUNG PROFESSIONALS
• Single, young attendees who want to explore new experiences
• Want a premium experience that fits their budget
ESTABLISHED SINGLE PARENTS
• Middle-aged parents with children
• Interested in both family and all-inclusive packages depending on who they attend with
YOUNG COUPLES
• Young professionals who are starting to settle down, but are not married
• Exploring new experiences with sport and have a double income to support their purchases
OLDER SPORT FANS
• The most loyal supporters
• Want the best experience and seats even with a premium package price
SINGLE SENIORS
• They have no dependents and make independent decisions
• Motivated to attend by their love for sports and ticket price
DOUBLE-INCOME, NO KIDS
• Middle-aged couples who have no children who earn over $75,000 in annual household income
• Desire premium experiences
#PACnet15
Personicx» household-level segmentation system that clusters U.S. households
into one of 70 segments within 21 life-stage groups based on specific consumer behavior and demographic characteristics
Typical Personicx Cluster breakdown » Top Personicx cluster ~10% of total population, fairly even distribution
18
PersonicX
#PACnet15
21
Segmentation
The Frugal The Flyer The Future
• Female – 61%• HH with Children – 70%• Deal Seekers – Low DII• PersonicX: City Life &
Career Builder
• Males 36+ - 68%• Affluent• Personicx: Summit
Estates, Top Professional, Established Elite
• Male – 85%• Affluent (>$125) – 40%But…• Young: 25-23• Low DII• PersonicX: Summit
Estates & Established Elite
#PACnet15#PACnet15
BRAD WURTHMAN
@wurthman
Associate Director of Athletics Marketing and Fan Development
#PACnet15
REACH – how do you get their attention?
ACQUISITION – how do you bring them closer and engage?
CONVERSION – how does engagement become a purchase decision?
RETENTION – fighting to maintain customers, upselling opportunities
LOYALTY – next level commitment
26
The Customer Journey
#PACnet15
CONVERTING LOYALTY INTO PURCHASING BEHAVIORS THAT ARE:
MONITORED MEASURED EXPLOITED
HOW CAN WE MINIMIZE CHURN RATE?
Lose interest, move away from loyalty, eventually return
27
The Real Challenge for Sports
#PACnet15
Develop product offerings that meet the needs of all stages of the customer lifecycle
Sell 1 ticket 100 ways, not 100 tickets 1 way
Messaging needs to pertain to different groups in different stages of the lifecycle
Embrace technology
Sell something! There is no customer lifecycle without “customer”
28
Filling the Gap
#PACnet15
Price what the market will bear – market comparables
Develop packages that meet various needs
The “eye test”
Walk before you run – earn trust and buy-in
Do not be afraid to try something new
29
Implementation in Your Venues