Learn how to transform your guest data into insights! Join Fishbowl’s VP of CRM, Helen Baptist, for an insider’s view of the playbook on how to use data to drive predictable revenues. Helen will pull back the curtain and highlight insights from some of her real world case studies.
Heart Disease Classification Report: A Data Analysis Project
Webinar: The Playbook for Predictable Sales Growth: Understanding and Leveraging Guest Behavior
1. The Playbook for Predictable Sales Growth:
Understanding and Leveraging Guest Behavior
Helen Baptist
VP, CRM & Loyalty Analytics
2. Today’s Agenda
• Why is understanding guest behavior
important?
• What is the underlying methodology?
• Introducing the Life of a Guest.
• How to leverage guest data to grow your
business.
• Q&A
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3. Why Should Restaurant Marketers Care
About Guest Behavior?
Increased marketing effectiveness
Increased market penetration
INCREASE REVENUE
PREDICTABLY & PROACTIVELY
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4. Restaurant Executives Need To Answer
Questions Like These
How can I increase
Same Store Sales?
What is the value of
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each guest?
Who are my best
customers?
How do I increase guest
frequency and/or spend?
5. Where Does the Data Come From to Answer
These Questions?
Food Preference Level of Engagement
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Personal Life
Level of Satisfaction
Degree of Influence
Dining Behavior
enterprise email
local store marketing
ROI
promotions manager
6. What is the Underlying Methodology?
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7. Understand Guest Behavior -- Drive Sales
annual spend
Anonymous
Marketable
Measure their performance on an ongoing basis and adapt
marketing strategies to optimize revenues.
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guests
Start by understanding your guests.
Who are they?
• Anonymous: Mass marketing audience
• Marketable: Guests for whom you have permission
based contact information and can develop an
understanding of their dining behavior.
Determine their dining behavior today.
• Segment these guests along key
behaviors: frequency, recency, and spend.
• Segment on other guest dimensions: demographics,
psychographics.
Leverage what you know about them to grow
sales
• Develop marketing strategies and tactics by segment.
9. Client Benchmarks
Average Annual Frequency
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# of Visits
Guests 1.38
Members 2.10
Delta 50% more visits from
members than guests
10. Client Benchmarks
Percent of 1x Visitors and Associated Sales Contribution
1x Visitors % of Sales
Guests 78% 52%
Members 60% 42%
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11. Client Benchmarks
Sales Contribution from Top 10% of Customers
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Sales
Guests 35.6%
Members 46.2%
Delta
Top 10% of members contribute
30% more annually vs. the top
10% of guests
12. Client Benchmarks
Percent of 10+ Visits and Associated Sales Contribution
10+ Visitors % of Sales
Guests 0.7% 4.7%
Members 2.0% 10.2%
Delta The Top 10% of members contribute 30% more annually
vs. the top 10% of guests
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13. A Day in the Life of a Guest:
Introducing Emerson J. Digby
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14. Digby’s Dining Behaviors
Latest Check: $67
Last Visit: 32 days ago
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Visited 4 times
Avg. Check: $34
Avg. Covers: 2.35
15. We Add Demographic Data To His Profile
Age: 48
Lives in Alexandria
HH Income: $77K
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Marketing Manager
Married
2 Children
16. We Know His Wife is Also a Member, So We
Tie the Two Profiles Together
Ordered to Go: 1 (work lunch)
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Visited 2 times
Redeemed Birthday Offer
Total Net Sale: $396.32
Member since: 6.4.2011
Last email opened: 9.12.2014
Last offer: 8.22 - Birthday
Mrs. Mary Digby
17. Their Profiles Add Additional Context
Mary’s Largest Check: $289.57
Tim Digby’s (son) soccer team
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18. The More Information You Have, The More
Effective Your Marketing Will Be
Mary, Avid Fundraiser Donator
Various Humane Societies
Layla Digby (daughter)
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Dogby (family pet)
20. Acquire New Customers Based on Guest
Profiles
Determine profile and value of guests by marketing
channels/spend. Find more guests that are
profitable at a lower cost per acquisition.
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21. Grow Your Marketable Audience
Unknown Guests Valued Guests
Convert Guests Into Marketable Members
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22. Increase Spend With Segmented Marketing
Programs
Sample Segmentations
Diners with Families
Women>30 with children<10
who dine on Friday
Best Guest Recognition
Frequent Diners (>4x/yr.)
who spend >$200/yr.
Use Discount to Attract
Low Value Guests
increased frequency >check average
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Reactivation
Gift Card purchasers who haven’t
bought in the last 6 months
Yield Management
Lunch diners who have never
been in for Happy Hour
$$$$$$$$$$
23. Summary:
Why Should Restaurant Marketers Care
About Guest Behavior?
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24. Summary
Increased marketing effectiveness
Increase net sales lift through
more relevant marketing
Right Customer → Right Channel
Right Message → Right Time
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25. Summary
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Increased market penetration
Evaluate current market saturation levels
& determine new location opportunities
Right Customers → Right Locations
28. Thank you for participating in our webinar!
Now we’ll answer your questions.
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Next Steps
Learn more about how we can help drive your business. Contact your
Fishbowl rep about your marketing goals and challenges.
Additional Resources
Read our blog.
Read our case studies.
Get the latest restaurant marketing tips! Subscribe to
The Fishbowl Digest. Ask your rep to sign you up.
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Editor's Notes
Contact your Account Director, your Enterprise Sales representative or go to our website www.Fishbowl.com
Identify what data sources you have, would like to include and what you would like to know about your customers and what you might do with the understandings you may gain.
The world is our oyster and the potential is large. We are solving for the missing link that many in the ecommerce/retail world already have - connecting transactions and guest behavior to customers you can effect and motivate by delivering the right message in the right channel at the right time to the right guest.
AFTER Q&A
So, thank you for participating and your thoughtful questions. Hopefully we provided some clarity and thought provoking perspective to understanding your guests.
I wanted to let you know there is already content on our website and I will be publishing a new blog next week and on a regular basis so check back often.