Itโs hard to keep an entertainment venue like yours running and when it comes down to it, your priority is delivering experiences. Naturally, this means less time and money for marketing. For smart venues this makes marketing efficiency king, which is code for quick and cheap. But marketing outcomes arenโt equal. Smart venues know marketingโs most important function is generating sales. So if you want your marketing to be smart, you need a system thatโs quick, cheap, and drives a ton of revenue. Thatโs precisely what Iโve got for you today.
But before I spill the secrets, you need to know who this is for and what you stand to gain. There are three types of people that need to read thisโฆ And chances are youโre one of them: 1. You know your venue should be marketing more, but donโt know where to start. 2. Youโre already marketing but youโre fed up with throwing organic social posts into the void. 3. Youโre looking to trim your marketing costs and focus on the essentials. If one of these hits the mark, keep reading.
This system will make you money in two ways: By attracting new customers and increasing their lifetime value. For smaller operators, this can mean big annual sales increases. For larger sites, the percentages are smaller, but the returns are consistent and powerful. Keep reading to find out how.
The strategies are split into two easy-to-implement parts. The first utilises influencers and we call it the โgiveaway methodโ. Itโs a simple way of getting ยฃ1,000s worth of social media exposure for free. As the name suggests, you give influencers free tickets and they create and share content with their audience. Thereโs no additional fee required and itโll take you as little as a few hours per week. But donโt be fooled, thereโs an art to finding the right influencers. Inside Attracto, we use three different methods (Donโt worry, weโll be sharing in a future blog).
Now, you might be reading this thinkingโฆ 'This isnโt setting my world on fire. In fact, we semi-regularly allow influencers to visit already'. But for this to work, it needs big boy scale. Weโre talking about going all in and booking 5 influencers per week. If youโre not at that level yet, you donโt know how well this can work. Still not convinced? Keep reading.
Iโm going to peel back the curtains and share something with you. Recently, we helped with an Escape Room operator launch a new London location. Itโs an ultra-competitive market and they were struggling to gain traction. They hit everything hardโฆ Google & Meta Ads, Print, Socials, Email, everything in their arsenal. But it wasnโt clicking. Until they made more bookings in a day than the rest of the week combinedโฆ Interesting.
So we looked back at everything that had happened that day. An influencer posted and it went viral. Netting 250K+ views and a ton of engagement in less than 24 hours. Youโd have to be negligent to not try and recreate it, so thatโs what we did. Next time they went viral, the same thing happened. Everything else was slow and plodding, but this was dynamite. Itโs a strategy that the venue still uses today. If youโre still not buying it, letโs push things a little further.
I want you to go and check your Facebook, Instagram or TikTok engagement for last month. If youโre lazy, your best guess is fine. Your average well-performing venue will be getting between 20-30K organic reach and roughly 500 engagements per platform of their choice. Compare your figures to these:
If you really want to drive the knife inโฆ tally up how much time and money your social activity costs you. Now compare that to the potential 3-6 hours per week it takes to run a solid influencer programme. Who wins? Remember quick, cheap, and drives a ton of revenue.
So the first part of this system gets new people through the door, but the second is all about maximising their value once theyโre in. If youโre a fan of Alex Hormozi, youโll know this is the key to winning at business. The more money you make per customer, the bigger your per customer advertising budget. Youโll also have more resources to reinvest into your venue. Creating powerful positive feedback loops are the name of the game and theyโll propel you all the way to the bank, crushing your competitors as you go. You want that, right?
Before I tell you precisely how it works, I need to tell you about a problem. A problem thatโs so widespread in the entertainment centre world, it affects the biggest and the smallest venues. Iโve met hundreds of venue owners and managers and they all say the same thing: โmy business isnโt like other businesses.โ And in some respects, theyโre right. Entertainment centres arenโt traditional brick-and-mortar operations, but theyโre not e-commerce either. So we all end up ignoring what works in other industries. But make no mistake, just comparing yourself to other venues can be a death sentence. Because youโre not just competing with Bobโs bowling down the road. Youโre competing for spare time. Which means youโre on Netflix, Disney, and Legoโs hit lists. Now, nobody likes someone who doesnโt drink their own medicine, so the second part of this system is ripped directly from e-commerce marketing best practice. If you nail this, youโll leave your competition in the dust.
Part 2 is an email strategy. But weโre not talking about blasting any old c**p to a customer list that may or may not have subscribed. No, weโre talking about automated emails. Powerful chains of communication that guests receive at key points in their customer journey. Automated email chains can be used to increase your average order value, recurring visit rate, and customer lifetime value. The best part is, once youโve set it up, the system runs 24/7 on autopilot. That means you make money whilst you sleep.
If youโre an automated email virgin, weโd recommend starting with a welcome series. The flow begins when the customer first books and wraps up 100 days later. Before they arrive, you want to create a connection and hit them with your best cafรฉ items or upsell opportunities. After their visit, get your gardening gloves on and begin planting seeds. Invite them to host a corporate event or a birthday party. Offer them flash discounts, plug your memberships, or educate them about the benefits of your experience. You know your business and customers best. Use that knowledge. If youโre stuck for ideas, donโt worry. Weโll be releasing our โMaster Automated Flows For Your Attraction Playbookโ soon!
Youโve made it this far and all we can say is, we donโt knowโฆ yet. Yes, thatโs a bit of a letdown, but weโre still conducting our own tests. The flows take 100 days to complete and the metrics weโre improving move slowly. But weโre already seeing a 0.5% MoM revenue increase from a single re-engagement email. It might not sound like much, but this system is all about accumulating micro gains. Weโre aiming for our automated email system to add 10% revenue MoM. Letโs break down one of the ways that could happen.
Imagine your venue gets 1,000 visitors a month who spend an average of ยฃ100 per visit. Of these 1,000 visitors, 10% will revisit within 100 days. Now imagine that youโve created a highly optimised automated flow that increases the number of people who revisit within 100 days to 15%. Thatโs an extra 5% revenue, or ยฃ5,000 per month. The best part? You can do the same for birthday parties, corporate events, and other high-value products. But you donโt have to stop here.
Whilst you can set and forget this system, its real potential can only be realised by frequent optimisation and A/B testing. Once a week, just test something. It can be as simple as changing an emailโs subject line or as comprehensive as a new email timeline. Weโd also recommend implementing an โomni-channel approachโ, which is jargon for donโt just use email. You can include SMS, WhatsApp, and Facebook messages too. At Attracto, we really believe that this is the next phase of venue marketing evolution and we donโt think anyone has really nailed it yet. But once they do, itโs easy revenue, every week, forever. Remember quick, cheap, and drives a ton of revenue. Will you be the first?
So, you implement all of this, where does that leave you? Youโll have a stream of enthusiastic influencers pouring into your venue, creating exciting content and recommending you to their audience. Youโll be getting a ton of social media engagement much more efficiently than posting and ads. Once the customers are in, youโll have a 24/7 system that helps customers make the most of your experience. It runs on autopilot and if you want, you never have to look at it again. Bobโs bowling down the road has a lifetime customer value of ยฃ46, whilst yours is ยฃ61.
Things are good and you can sit back and relax if you want. But I know youโre better than that. You want bigger, better, and more. Sign up to our mailing list below and weโll deliver the highest quality entertainment centre blogs directly to your inbox. It could be the difference between mediocrity and a record-breaking year.
Comments