crm and the performing arts - a report on hart house theatre

36
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 1 Monday, February 17, 14

Upload: spencer-maceachern

Post on 24-Apr-2015

195 views

Category:

Marketing


0 download

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 Theatre

TRANSCRIPT

Page 1: CRM and the Performing Arts - A Report on Hart House Theatre

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

Page 2: CRM and the Performing Arts - A Report on Hart House Theatre

“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

Page 3: CRM and the Performing Arts - A Report on Hart House Theatre

“...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

3Monday, February 17, 14

Page 4: CRM and the Performing Arts - A Report on Hart House Theatre

Sources of Hart House Theatre’s Customer Data

• Email Lists

• Nightly House Counts

• Survey Responses

• Our Box-Office Database

4Monday, February 17, 14

Page 5: CRM and the Performing Arts - A Report on Hart House Theatre

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

Page 6: CRM and the Performing Arts - A Report on Hart House Theatre

Database Project

10 Years of Subscriber History

6Monday, February 17, 14

Page 7: CRM and the Performing Arts - A Report on Hart House Theatre

Database Project

10 Years of Subscriber History

Over 850 individual subscribers

7Monday, February 17, 14

Page 8: CRM and the Performing Arts - A Report on Hart House Theatre

Database Project

10 Years of Subscriber History

Over 850 individual subscribers

3,000 plus subscriptions sold

8Monday, February 17, 14

Page 9: CRM and the Performing Arts - A Report on Hart House Theatre

What Can We Do with our Data?

1. Measure Marketing Efforts2. Build Relationships3. Focus our Outreach

9Monday, February 17, 14

Page 10: CRM and the Performing Arts - A Report on Hart House Theatre

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.

10Monday, February 17, 14

Page 11: CRM and the Performing Arts - A Report on Hart House Theatre

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

11Monday, February 17, 14

Page 12: CRM and the Performing Arts - A Report on Hart House Theatre

$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

Page 13: CRM and the Performing Arts - A Report on Hart House Theatre

$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

Page 14: CRM and the Performing Arts - A Report on Hart House Theatre

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

14Monday, February 17, 14

Page 15: CRM and the Performing Arts - A Report on Hart House Theatre

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

Page 16: CRM and the Performing Arts - A Report on Hart House Theatre

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

Page 17: CRM and the Performing Arts - A Report on Hart House Theatre

44%

52%

4%

This is What Our Subcriber Base Looks Like

Retained New Reacquired

17Monday, February 17, 14

Page 18: CRM and the Performing Arts - A Report on Hart House Theatre

What Can We Do with our Data?

1. Measure Marketing Efforts2. Build Relationships3. Community Outreach

18Monday, February 17, 14

Page 19: CRM and the Performing Arts - A Report on Hart House Theatre

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

Page 20: CRM and the Performing Arts - A Report on Hart House Theatre

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.

20Monday, February 17, 14

Page 21: CRM and the Performing Arts - A Report on Hart House Theatre

The StrategyIdentify High Value Former Subscribers

Subscriber Reacquisition Project

21Monday, February 17, 14

Page 22: CRM and the Performing Arts - A Report on Hart House Theatre

The Strategy

And Offer Them a Free Night at the Theatre

Subscriber Reacquisition Project

22Monday, February 17, 14

Page 23: CRM and the Performing Arts - A Report on Hart House Theatre

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

Page 24: CRM and the Performing Arts - A Report on Hart House Theatre

“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

Page 25: CRM and the Performing Arts - A Report on Hart House Theatre

“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

Page 26: CRM and the Performing Arts - A Report on Hart House Theatre

What Can We Do with our Data?

1. Measure Marketing Efforts2. Build Relationships3. Community Outreach

26Monday, February 17, 14

Page 27: CRM and the Performing Arts - A Report on Hart House Theatre

Question:How Do We Engage Students with the Theatre?

27Monday, February 17, 14

Page 28: CRM and the Performing Arts - A Report on Hart House Theatre

Question:How Do We Engage Students with the Theatre?

Go Where the Students Are: On Campus and Online

28Monday, February 17, 14

Page 29: CRM and the Performing Arts - A Report on Hart House Theatre

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.

29Monday, February 17, 14

Page 30: CRM and the Performing Arts - A Report on Hart House Theatre

Twelfth Night Promotion at Sidney Smith

We leveraged our relationship with partners like Yelp to give away unique prizes.

30Monday, February 17, 14

Page 31: CRM and the Performing Arts - A Report on Hart House Theatre

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.

31Monday, February 17, 14

Page 32: CRM and the Performing Arts - A Report on Hart House Theatre

Wedding Singer Photo-Booth Contest

32Monday, February 17, 14

Page 33: CRM and the Performing Arts - A Report on Hart House Theatre

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.

33Monday, February 17, 14

Page 34: CRM and the Performing Arts - A Report on Hart House Theatre

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

34Monday, February 17, 14

Page 35: CRM and the Performing Arts - A Report on Hart House Theatre

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

Page 36: CRM and the Performing Arts - A Report on Hart House Theatre

Thank you for your Time

36Monday, February 17, 14