crm and the performing arts - a report on hart house theatre
DESCRIPTION
A presentation delivered to Hart House's governing body of the audience development initiatives I led during the 2013/2014 season at Hart House TheatreTRANSCRIPT
Audience Development Initiatives (2013/2014 Season)CRM and the Use of Database Marketing at Hart House Theatre
Delivered to Hart House Board of Stewards - February 13, 2014
Created by Spencer MacEachern - Audience Outreach Coordinator, Hart House Theatre
1Monday, February 17, 14
“A series of strategies and processes that create new and mutual value for individual customers, builds preference for their organizations and improves business results over a lifetime of association with their customers” - Ian Gordon, Ivey Business Journal
CRM is...
http://iveybusinessjournal.com/topics/strategy/crm-is-a-strategy-not-a-tactic#.UwKjyF6j07A
2Monday, February 17, 14
“...allow companies to respond efficiently, and at times instantly, to shifting customer desires, thereby bolstering revenues and retention while reducing marketing costs.” - Harvard Business Review
CRM can...
http://hbr.org/2004/11/crm-done-right/ar/1
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Sources of Hart House Theatre’s Customer Data
• Email Lists
• Nightly House Counts
• Survey Responses
• Our Box-Office Database
4Monday, February 17, 14
Sources of Hart House Theatre’s Customer Data
• Email Lists
• Nightly House Counts
• Survey Responses
• Our Box-Office Database
The cleaning, selection and transformation of our raw box-office data into a usable format was a considerable project undertaken by UofTix between Sept-Dec, 2013
5Monday, February 17, 14
Database Project
10 Years of Subscriber History
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Database Project
10 Years of Subscriber History
Over 850 individual subscribers
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Database Project
10 Years of Subscriber History
Over 850 individual subscribers
3,000 plus subscriptions sold
8Monday, February 17, 14
What Can We Do with our Data?
1. Measure Marketing Efforts2. Build Relationships3. Focus our Outreach
9Monday, February 17, 14
What Can We Do with our Data?
1. Measure Marketing Efforts2. Build Relationships3. Focus our Outreach
Although our box-office software lacks the ability to perform complex analysis a simple excel sheet tracking subscriber history (with measurements of purchase
frequency, recency and monetary value) offers significant insight into our audience base and the success/failure of our marketing efforts.
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0
50
100
150
200
250
300
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Both Total Subscribers and New Subscribers are Increasing
Total Subcribers
Total New Subscribers
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$0.00
$20.00
$40.00
$60.00
$80.00
$100.00
$120.00
$140.00
$160.00
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Each Subscriber is Becoming More Valuable
Average Subscriber Value
12Monday, February 17, 14
$0.00
$20.00
$40.00
$60.00
$80.00
$100.00
$120.00
$140.00
$160.00
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Each Subscriber is Becoming More Valuable
Average Subscriber Value
The Customer Lifetime Value (CLV) over 3-years period is $22513Monday, February 17, 14
33.8%
43.1%
48.4%
64.7%
48.1% 44.8%
62.8%
68.0% 66.2%
59.0%
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
We Are Getting Better at Retaining Subscribers
Retention Rate Industry Average
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A 5% increase in retention
33.8%
43.1%
48.4%
64.7%
48.1% 44.8%
62.8%
68.0% 66.2%
59.0%
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
We Are Getting Better at Retaining Subscribers
Retention Rate Industry Average
15Monday, February 17, 14
Increases subscriber revenue by 8% in one year and 17% in two
33.8%
43.1%
48.4%
64.7%
48.1% 44.8%
62.8%
68.0% 66.2%
59.0%
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
We Are Getting Better at Retaining Subscribers
Retention Rate Industry Average
16Monday, February 17, 14
44%
52%
4%
This is What Our Subcriber Base Looks Like
Retained New Reacquired
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What Can We Do with our Data?
1. Measure Marketing Efforts2. Build Relationships3. Community Outreach
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0%
20%
40%
60%
80%
100%
Rate Experience (Percent Favorable) Would you Recommend (Yes/No)? Interest in Extra Events
Responses to Post-Show Emails Bone Cage Twelfth Night The Wedding Singer
Post-Show Email Project
Using our box-office database we can send dynamic personalized emails to our patrons immediately after they attend a performance
19Monday, February 17, 14
0%
20%
40%
60%
80%
100%
Rate Experience (Percent Favorable) Would you Recommend (Yes/No)? Interest in Extra Events
Responses to Post-Show Emails Bone Cage Twelfth Night The Wedding Singer
Post-Show Email Project
This allows us to conduct surveys and send promotional offers/ special content. The information collected also enables Hart House Theatre to create targeted
campaigns for future shows based on email responses.
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The StrategyIdentify High Value Former Subscribers
Subscriber Reacquisition Project
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The Strategy
And Offer Them a Free Night at the Theatre
Subscriber Reacquisition Project
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Some Responses“We would love to have tickets for the Wedding Singer... we have some other UofT alumni who want to join us so there will be 6 of us altogether. Is it easier for me to phone in to give you my credit card details for the other attendees?”
“In addition to the complementary tickets, my wife and I have been contemplating for on getting a subscription for this year as well, although never got around it due to time restrictions, and its a great thing you brought this up. Is there any way we could also sign up for this year subscription?”
23Monday, February 17, 14
“We would love to have tickets for the Wedding Singer... we have some other UofT alumni who want to join us so there will be 6 of us altogether. Is it easier for me to phone in to give you my credit card details for the other attendees?”
“In addition to the complementary tickets, my wife and I have been contemplating for on getting a subscription for this year as well, although never got around it due to time restrictions, and its a great thing you brought this up. Is there any way we could also sign up for this year subscription?”
25% of those contacted made purchases within a month of the offer
Some Responses
24Monday, February 17, 14
“We would love to have tickets for the Wedding Singer... we have some other UofT alumni who want to join us so there will be 6 of us altogether. Is it easier for me to phone in to give you my credit card details for the other attendees?”
“In addition to the complementary tickets, my wife and I have been contemplating for on getting a subscription for this year as well, although never got around it due to time restrictions, and its a great thing you brought this up. Is there any way we could also sign up for this year subscription?”
However our biggest hope is that we can leverage these reestablished relationships into subscriptions next season.
Some Responses
25Monday, February 17, 14
What Can We Do with our Data?
1. Measure Marketing Efforts2. Build Relationships3. Community Outreach
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Question:How Do We Engage Students with the Theatre?
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Question:How Do We Engage Students with the Theatre?
Go Where the Students Are: On Campus and Online
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Twelfth Night Promotion at Sidney Smith
With our volunteer marketing team we set up a booth at Sidney Smith where we gave away prizes, sold specially priced student tickets and informed students about the work at the theatre.
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Twelfth Night Promotion at Sidney Smith
We leveraged our relationship with partners like Yelp to give away unique prizes.
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Twelfth Night Promotion at Sidney Smith
Developed over 100 personal contacts with students and drove awareness of student ticket prices and volunteer opportunities at the theatre.
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Wedding Singer Photo-Booth Contest
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Wedding Singer Photo-Booth Contest
For our winter musical, The Wedding Singer, we upped the ante with a tie-in photo-contest. We built a custom photo-booth invited students to take their best “wedding” photo, and offered prizes to the photos that received the most likes on Facebook.
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Wedding Singer Photo-Booth Contest
The photo-album was the theatre’s highest reaching FB post for the whole season seen by 1,300 unique visitors. https://www.facebook.com/media/set/?set=a.585532808192839.1073741833.113093908770067&type=1
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Other Applications of Customer Data
1. Segment audiences based on past preferences and behaviour to tailor future communications.
2. Identify lapsed subscribers to target for personal outreach initiatives.
3. Survey audiences to test the viability of new programming initiatives.
4. Celebrate customer milestones and loyalty.35Monday, February 17, 14
Thank you for your Time
36Monday, February 17, 14