MRI Casino Marketing Blog
Looking Back at OIGA 2011 Player Profiling Presentation
Posted in
OIGA
Oklahoma Indian Gaming Association 2011: Strategies to Improve Player Retention and Grow Gaming Revenue. Presented by Craig Border, Director of Database Marketing, Marketing Results. (Update: Vice President of Database Marketing.)
Presentation points to be covered:
- Segmentation Research
- Key player segments that exist in every gaming market
- Choose your target customer - Not all gamblers are created equally
- Messages to attract the right target for your property
- Database Profiling Techniques
There are 114 Oklahoma casinos generating more than $3 Billion in annual gaming revenue.
- Competition among casinos to attract gamblers is fierce
- Most gamblers are regular players at multiple casinos
- The majority of casinos offer similar product, amenities and service
- How do you create a preference for your property over the competition
- (Source: CasinoCity.com)
Each individual in your casino is playing for a different reason. Research allows us to better understand their motivations.
Market Segmentation & Profiles
- Identify the right customer profile for your business
- Determine their value engagement and loyalty
- Deliver messages that appeal to them
- Consistently meet expectations by correctly aligning offerings to target customer groups
Life Cycle Segmentation & Profiles
Profiling Players: Customer Life Cycle Stages
- Prospects: Non-member players and gamblers who have not visited your property
- Acquisition: New members who recently enrolled in the card program
- Active: Club members who play frequently and represent the majority of visitors to a casino
- Defectors: Inactive club members who have not had a tracked gaming visit in 12 months or longer
- Reactivated: Club members who were active, defected for a period of time and have returned to their active status
Considerations:
- Players in each of the life cycle stages exist in your database today
- Each of these player groups has different needs and interests as a customer
- Each of these players has a different gaming value and visitation
- Each of these players represents a different marketing challenge and requires different messaging
- Each life cycle can lead to database growth or decline
- Each life cycle contributes significantly to revenue
- Effective communication strategies recognize the differences between these player groups
- By focusing on all life cycle profiles simultaneously you can accelerate growth at your property
Conclusions:
- Segmentation and profiling techniques enable you to target the right customers for your property
- This leads to increased satisfaction and customer retention
- All life cycles should be addressed to grow the database and revenue faster
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