Deloitte recently published their inimitable Annual Review of Football Finance, yet again providing us with mountains of content to read, re-read, debate, discuss and analyse.
Deloitte are masters – not only of producing a high quality publication that perfectly demonstrates the quality and range of their services in this sector – but of putting a positive spin on a rather negative finding. (But isn’t that what we want from consultants?)
Case in point: “Across the three divisions of the Football League, in 2012/13 aggregate attendances (of 15.6m, down 4%) remained above 15m for the 10th consecutive season, again demonstrating the strength and passion of spectator support lower down the English football pyramid.”
Here they managed to detract from the key fact – that Football League attendances are down. And instead of highlighting that they’ve now dipped below 16 million, instead stress that they continue to be above 15 million. Let’s hope this rate of attrition doesn’t continue, not least so Deloitte don’t have to find a way to spin “under 15 million”.
But maybe instead of just hoping that’s the case, we should be doing something about it. Maybe we should be engaging with our football fans on a closer and more relevant basis, and encouraging them to come to our matches by providing them with the necessary information to make a buying decision?
Enter stage left: CRM.
And before you get flustered, I’m not suggesting Football League clubs should suddenly invest in costly software licenses and lo and behold, their flocks will return. I understand the scale of business at that level, the restriction on resources and the focus on other areas. But I am suggesting we should start thinking about the relationships we have with our existing customers and our lapsed ones, our mega-fans and our disenfranchised, and instead of marketing to them as a group, we should be segmenting them into groups based on their individual needs and situation. We should be marketing to a segment of one.
Thankfully we’ve got email marketing and that means it isn’t just a possibility – it should be an absolute necessity!
Apart from the cost-efficiency of email marketing, it’s possibly the only form of marketing that provides you with absolute tracking capability. You can see who’s interested enough in you to open your email – and who then wants to hear even more about what you have to say. This is one step away from someone who wants to buy from you. (OK maybe not quite – but it’s definitely heading in the right direction!) And on top of all that, it delivers an incredibly high ROI — in fact the Direct Marketing Association puts it at over 21:1. Now that’s got to help you justify your marketing budgets!
And when it comes to your database of customers and segmenting them into groups, you don’t need sophisticated software – yes it would be nice but sometimes you need a qualification just to figure out how to work it (see this excellent piece about the perils of selecting excellent systems…only to discover you don’t have the excellence needed to use them!) Depending on what version of Excel and how many customers you have, you can figure it all out on your desktop (or laptop.) And if you’ve got Microsoft Access it becomes even easier. OK so it won’t be a dynamically updating solution – and you still need someone who understands data, segmenting and Office products – but that’s not as big a stretch or commitment.
I’d really like Deloitte’s 2014 version to be spin-less (and that’s not the same as spine-less) – I’d like to see that Football League attendances are up, customer satisfaction’s at an all-time high (regardless of on-field performances) and CRM is no longer something only Tesco understands.
CRM
Churn and Retention from the Portland Trailblazers
We thought we’d share one of our favourite case studies from the second edition of our book, Winning with Data. It’s a great read, courtesy
