The Two Keys to Building a Successful Loyalty Program

The Two Keys to Building a Successful Loyalty Program
by Kelly Cheeseman – August 2014

Everywhere we turn these days we are constantly reminded about loyalty. Every business seems to have a rewards program or a loyalty program. Case in point, on a recent shopping trip to the mall I made transactions at four stores and bought lunch. Four out of the five stops asked me to sign up for their loyalty program including the pizza place! All of the locations were offering perks in exchange for my information. As sports teams evolve and start entering in to this very crowded “loyalty” area of the business, we must not lose sight of what makes our industry unique:  We already have loyalty with our fans.

Loyalty and pride of our teams is what our customer base is built upon. The connection with our teams and the memories that come from it is the foundation of the wheel that drives us. Our great fans are with us through thick and thin. Realizing this and leveraging this is an important step as we develop our loyalty platforms.

With the LA Kings and LA Galaxy we have started to establish new loyalty programs, and we strive to drive these programs with two key principles.

#1 Be transparent and authentic with goals and message

There is no doubt that the goal of every loyalty program is to gather more information about customers. Learning their habits and info in order to allow us to reach our business goals is an important part of how we can have success. Our mission is to make sure we are open with our fans that our goal is to gather this information to help make their experience better. If we simply just tell them that they will be rewarded if they attend games or buy tickets, we may not see the results we are looking for in this busy “Loyalty” marketplace.

#2 Return the favor to the fans

Through thick and thin our fans are with us and they expect us to be loyal to them. So asking them for their “loyalty” is a slippery slope that can be insulting if framed in the wrong light.

We need to return the favor with great service and experiences. Our goal with our loyalty program is to build upon this fandom and become fans of our customers. We can’t forget where we come from and we need to celebrate and support our fans by giving them experiences that fit their needs. To some people this may just be free items or discounts, to others this may be experiences you can’t buy. Diversity in their choices is important while recognizing them for helping us and updating them on our progress of improving their experiences. As we establish and run our programs these are the key principles we are shooting for to break through the noise of the evolving and growing loyalty marketplace.

 

 

 

Are you the best around?

Are you the best around?
by Jeff Eldersveld – August 2013

What does “best” mean?

The word “best” is interesting. While clearly defined in sports with crowned champions, MVPs, medals and trophies, the business side of sports is a little harder to understand.

Who is the champion of website marketing? What was the best in-game promotion?

Sure, there are awards for these types of things, but they are voted on by members within the industry – based more on gut and feel rather than stats and numbers.

If I ask you who’s the best hitter in baseball, you should reply with the league leader in batting average (don’t say Yasiel Puig!). If I ask you to name the best promotion in Minor League Baseball, you could reply with a variety of answers from Brittany Spears’ Child Safety Night with the Newark Bears to Free Gas Night with the Fort Myers Miracle. Different promotions are the “best” in their own unique way.

Best in class

A characteristic of the best salespeople and managers I’ve known is that they have a clear vision to be the “best” wherever they are. If people in this business are satisfied with middle of the pack or bringing up the rear, odds are it won’t be long before they’re realizing their vision of work somewhere else. Here are some tips that have helped me stay focused on the right path.

Define what value means to your organization–>especially your boss.

dan migalaNot everyone has the same idea. You should constantly present data, statistics, or examples that prove your worth to the organization. For those already employed, this is a great way to solidify your position within the organization. For those seeking employment, this is a great way to get a foot in the door. Dan Migala, Founding Partner of Property Consulting Group, could not agree more:

“Iowa State University Associate Athletic Director, May Pink, just reminded me at NACMA this year that hiring decision-makers look for candidates that show they want the job the most. I think this is great, timeless advice. I would encourage any applicant to find multiple opportunities during the interview process to show vs. just tell why you want the job the most.”

Always encourage others. Go out of your way to compliment a job well done.

You can’t get anywhere in your career by yourself. The people who can propel your career development are the ones with whom you work most closely.

Take time to cultivate those relationships; it will strengthen the chemistry within your team and positively affect the culture within your organization.

The faster you embrace your company’s culture, the better, says Migala, “Understand that the culture and people you work with and learn from are more important than the logo on your business card.”

Be unique

You are your own person. “Be yourself, ” says Oscar Wilde,  “Everyone else is taken.”

“Legendary Notre Dame SID Roger Valdiserri taught me early in my career that each person is the sum of their own experiences,” explains Migala. “The minute I realized this, I stopped trying to guide myself into the box of what I thought the industry wanted me to be and focused instead on carving my own path.”

Start now

So start being the best around. And if you are the best, share it. Shout if from the mountaintops, market the heck out of it, or more literally, leave your comments below. Remember, we make each other better. The worst thing that you can do is keep your “best” to yourself.

 

How to change behaviors of salespeople

by Dan Rockwell – January 2013

As manager, your job is bringing out the best in others by the way you interact with them. Well timed, well executed conversations change people’s lives. Poorly timed, unprepared conversations damage the individual salesperson and the team who interacts with him or her.

First: Determine and affirm aspirations and goals.

Never have conversations about an individual’s life, strengths, weaknesses, or potential until you understand their hopes and dreams.

People open their hearts to people who understand their hearts.

Second: Explore strengths and weaknesses in the context of aspirations.

[dropshadowbox align=”right” effect=”lifted-both” width=”250px” height=”” background_color=”#ffffff” border_width=”1″ border_color=”#dddddd” ]Top Three Takeaways

  1. Well timed, well executed conversations change people’s lives.
  2. If people see you as being too critical it’s because you press on the negatives and don’t express the positives.
  3. Craft strategies with them not for them.

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Ask:

What strengths propel you toward fulfilling your dream? What weaknesses hinder progress?
Which strengths are most useful to taking the next step?
Which weaknesses are most detrimental to forward movement?

Third:  Address negatives without being a downer.

If you’re addressing weaknesses, try two questions at once. “What behaviors and qualities will enhance your progress and what qualities and behaviors will hinder your success?” Always address negatives in the context of positives.

If people see you as being too critical it’s because you press on the negatives and don’t express the positives.

Affirm strengths by explaining practical benefit and positive potential. Address weakness by exploring how they hinder aspirations.

Use positive qualities as foundations to discuss behaviors that need improvement. For example, if you’re having conversations with a goal oriented person. Open the “you need improvement” part of the conversation by asking, “A goal oriented person may walk on others, how might that be true of you?”

Jay Miller

Fourth: Craft strategies with them not for them.

After they identify strengths and weaknesses, craft strategies that better move them forward with them. You may feel you know the best answer but they must find their own. Embrace their journey.

Fifth: Focus more on positives than negatives.

If you bring something up that creates frustration or anger, pull back. But, know that anger indicates it matters. Touch the topic at another time. They just aren’t ready to deal with it yet.

Discuss with your sales team

Jay Miller, Executive Vice President for the Texas Rangers, says, “People buy from people they like and trust. The way I show salespeople how that works is take them with me on sales calls. Then the salesperson is open to listening and wants to learn. That’s when I have the chance to have the kinds of conversations to change people’s lives, to really help them. Now  they like and trust me—and they’ll buy what I’m saying to them.”

If  managers only criticize, will anybody be buying what they’re selling?

How do you have conversations that move people forward?

What types of conversations haven’t worked for you in the past?