Tuesday, April 26, 2016

Marketing to The Elites

I recently read that “the top 100 CEOs” of major American-owned companies have more wealth than the bottom 25% of all USA households. If I figure correctly, that is approximately 32 million households!!
With this kind of information, I further looked at wealth statistics beyond these 100 individuals and, yes, not only is the 1/10th of 1% true, but it’s the top 3% to 5% who also have a lot of wealth and the way they use it is in terms of “exclusivity.”

One example of exclusivity marketing is the Norwegian cruise line which has created “The HAVEN,” a ship within a ship. This ship within a ship is an exclusive area for about 275 elite guests who enjoy not only a concierge and 24-hour butler service, but also a private pool, sun deck, and restaurant, creating an oasis free from the “regular crowds” that are elsewhere to be found on the same cruise ship.

According to Norwegian’s CEO, Kevin Sheehan, “it was always the intention of the Haven to be an exclusively designed area, away from the masses and to afford them of the opportunity to be away from the masses.”

Sounds pretty snobby, but not since the gilded age of Teddy Roosevelt and JP Morgan has there been such economic and social stratification that has rigidly separated the classes. Probably not since the Titanic!

With the advent (and success) of many new hybrid centers or BEC’s, the bowling industry has been inching towards more “exclusivity” and the market is reacting.  There are many reports of celebrities, sports stars, politicians, business people and others of the elite class are seeking these types of bowling amenities.

But what if you don’t have a boutique or a hybrid or an exclusive area? What do you do?
I think you can offer special amenities, without spending lots of money, such as:

1.    A “brand” for the “exclusive” area
2.    Valet parking
3.    Special plated and catered meals (presentation is everything so if you’re not an F&B specialist, get some help here
4.    A separate sound proof screen or sound proof drape to create exclusivity for lanes 1 to 8 or 25 to 32
5.    Separate staff to cater to the “elites” drink and food preferences.
6.    Bowling shirts they can wear (clean them after every use!!)
7.    New socks
8.    Private bartender and portable drink station
9.    Rewire your sound system so these 8 lanes can get their own music. This might be the most expensive part of the total investment, but worth it
10. Offer options like
a.    Private DJ
b.    Karaoke
c.    MC for crazy bowl contests
d.    Other entertainment such as caricaturists or magicians that might be wanted

There is a market, I believe, in every town where certain people want to be able to take advantages of exclusive offers. It’s the “elite” segment and they are out there...and as in JP Morgan’s era, their belief is: “money is no object when it comes to satisfying their wants.”

It’s an opportunity…just needs some of your attention!

Sunday, April 24, 2016

Part # 3: The Perfect Facebook Post

 This is the 3rd and last part of how to create “The perfect Facebook post”
·      A Perfect Facebook Post is Part of a Consistent Sharing Strategy
AgoraPulse.com analyzed over 8,000 facebook posts to identify how brands, companies were affected by a drop in “organic” (vs paid reach).  They came away with some intriguing stats (more than 70 percent of pages had a 30 percent or more decline in organic reach) and some best practices from the handful of pages that are succeeding.

In particular, they focused on four pages that had found success and the four characteristics that each page had in common:
1.    They target an audience with a strong passion
2.    They publish very good content (at least, very good for their target audience)
3.    They publish very consistently (at least once a day, often more)
4.    They get ALOT of shares (thanks to the 3 points above), and shares are what offers the highest level of “viral” visibility for a page’s content.
Let’s assume you have an audience that is passionate about your page (which is why they became fans, right?). Let’s also assume that you are publishing good content.
What’s the key third ingredient?

The successful pages in this study posted at least once a day, creating an expectation among its fans of consistent, quality content. There are several ways of staying on schedule with your Facebook posts; set up a content calendar or sign up for a free scheduler like Buffer. Then start filling your queue with quality content.

·      A Perfect Facebook Post Includes a Newsworthy Element (optional)
This last point might not apply to some brands whose content and industry don’t lend itself well to timeliness. Still …If there’s ever a way to slip in a newsworthy angle to your Facebook post, do so.
Facebook’s latest tweaks to its News Feed algorithm give a slight boost to timely, trending topics. We’ve heard feedback that there are some instances where a post from a friend or a Page you are connected to is only interesting at a specific moment, for example when you are both watching the same sports game, or talking about the season premiere of a popular TV show.

Facebook is making this update in two ways:
1.    Factoring in trending topics
2.    Looking at when people like or comment on a post
The first element is related to Facebook’s “trending” section of the site, which identifies topics and conversations that are popular among users.

The second element factors in the rate at which users are liking or commenting on a post. Facebook currently looks at the total number of likes and comments as a factor in whether or not to display a post in the News Feed. With this latest update, another consideration will be when those likes and comments occur.
So what does your perfect Facebook post look like?

Hopefully, these best practices have given you some ideas on what to test with your Facebook marketing strategy.
·       Do you get more engagement when you share an optimized link or a photo?
·       What is your perfect Facebook character count?
·       Can you get more reach by posting at night and on the weekends?
I’d love to hear how these tests go for you and if you’ve found perfect practices for your Facebook page already. Please do share in the comments!

Saturday, April 2, 2016

Something Important To SAY.

This is a story about a man who, when he was 5 years old, found out that he was different from other children. He discovered that every time he tried to talk because his words wouldn’t come out or if they came out at all, they were in the form of a “stutter” or a “stammer”. He became very sad because many other children made fun of him. His parents took him to speech pathologists, hypnotists, and special classes. Nothing helped.

And the bullying only got worse. The little boy became angry and he got into lots of fights, all through elementary school, junior high school, and high school. It seemed that it was an unusual day when he didn’t end up in the principal’s office; even the principal didn’t understand why the boy was fighting because the little boy, then the preteen and then the teenager couldn’t talk well enough to explain it.  Eventually, the boy became very lonely and took to his books, his music, and many sports; (he even became  a junior boxer) where he didn’t have to talk.

There were still one or two friends that liked him and didn’t make fun of him, as so many others did, so he was able to socialize a little, but there was always someone who thought his malady was “funny” and made fun of him.  Some nights, the boy would go to bed and pray to God that he wouldn’t wake up in the morning so he wouldn’t have to endure another day of feeling “different.”

The teenager went to college and graduate school and noticed something wonderful. Not everyone made fun of him, but would give him a chance to get his words out.  Soon the man became more confident and his speech patterns began to change and when he got his first job, his new employer hired him BECAUSE of his speech and how brave he thought he was.

The boy, now a man was able to meet a fine woman, get married, have children and his confidence and career rocketed skyward. The man became a VP of a Fortune 200 company and then, after some years, struck out on his own and formed his own marketing consulting company where he helped many clients to reach their dreams. And he became known as a speechmaker, a seminar giver and an innovative presenter of ideas. "God does have a sense of humor", the boy - now the man - would often SAY.

But that's not the end of the story.

Many years later he became involved with a group called S.A.Y., The Stuttering Asociation for the Young.  And now that same boy, who is all grown up, is asking you to support this organization that does so much to help children who stutter.

That little boy grew up to be me. Fred Kaplowitz.

Over 70 million people stutter on a daily basis, including 5% of all children. Young people who stutter often face unimaginable fear and cruelty from a world that doesn’t understand them. Over time, they may recoil from the world, silencing themselves to hide their stutter, embarrassment and shame. Young people who stutter may also feel incredibly isolated and alone, and many face daily ridicule, teasing and bullying.
The Stuttering Association for the Young is a non-profit 501(c)(3) and since 2001, SAY has offered comprehensive, innovative programs that address the physical, social and emotional impacts of stuttering.

For 14 years, so many incredible children have come to our programs in despair. We have been lifted by their courage and have witnessed the transformation that occurs when children who stutter develop the self-confidence, lasting friendships and support they need to express themselves fully and follow their dream.

We believe that every young person who stutters has a voice that matters and it is a voice that deserves to be heard.

When you support SAY, you make anything possible in the life of a child who stutters. You help us continue to offer Camp SAY Summer Camp, Confident Voices After-School & Weekend programs, Speech Therapy, SAY: Storytellers and more, and help ensure that SAY can provide financial aid to families-in-need, so that all children have access to our innovative programming. This year alone, SAY will award more than $400,000 in financial aid and to date, no child has been turned away due to a family’s inability to pay.

Please help me to raise money for this organization that does so much to help kids who stutter; to make sure that, even if they have to deal with the shame, embarrassment and humility of other kids, they’re not alone…and will not have to do as I did, and pray to God every night to take them because they can’t bear it any longer.

If you go to www.SAY.org and hit the donate button. I know you’ll do the right thing.
No matter the dollar amount you give, thank you so much, in advance, for your contribution.

Fred Kaplowitz, President, Kaploe Marketing Group