Tag Archives: Player Development Goals

2 Key Aspects of Goals; Effort and Results

When we first think about Host goals, we often think about measures and rules. For example, “a host must contact 60 people each week”, which is a measure, and “a host must not issue a comp for more than 15% of 30 day ADT”, which is a rule.

There is nothing wrong with measures and rules but a goal addresses the larger question of “what are we trying to achieve?

The Miriam Webster dictionary defines a goal as “the end to which effort is directed”.
What is the end that we are trying to achieve by having the host contact 60 people each week? Well, we are trying to make sure that the Host is busy. But busy doing what?

A cynical General Manager might suspect the Hosts are busy contacting the same 60 people that the Hosts always talks to, either because those players are pleasant or because they are demanding. Or the Player Development manager may fear the Hosts are busy talking to people that are already playing practically every day, instead of focusing on trying to get new players, or reactivate people that used to play a lot but seem to have fallen away.

It isn’t enough to measure activity, we need to write goals that measure the effort, and the success, of achieving a good outcome for the casino. We need to change the goal from measuring “the host is busy” to measuring “the host is busy doing the right things.”

After some thought, we create two goals. The first goal is “Contact 10 Inactive players each week” so the Hosts call people that haven’t played for 90 days but had high Theo when they were last playing regularly. (An organized Host will find time to call two Inactive players each day of the five-day week and 2×5=10). And the second goal is “Bring back 20 Inactive players this quarter” so the Host has to find ways to encourage the Inactive players to return.

Here are the two goals:

  • Contact 10 Inactive players each week. (Measures Effort)
  • Bring back (Reactivate) 20 Inactive players this quarter.  (Measures Result)

The first goal measures Effort; it measures whether the Host is trying to contact Inactive players. The second goal measures Results; it measures whether the Host is successful in getting those Inactive players back onto the Property.

Take another look at the Goals in place for you or your team, and see if they need a tweak?

Are they really just Measures and Rules? Or are they truly focused on rewarding Effort and Results?

 

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Why do casinos need player development?

I’ll bet your property sends out a lot of mail. Tons of it.  Right? I remember when I was on the seed list at my last property, and it seemed like I got a LOT of mail…and that was just the stuff from my own property!  The mailers I got from checking out the competition weren’t as numerous, since I wasn’t a high roller, but I got a pretty fair number of those, too.

There is a lot of e-mail communication, too. I get something at least once a month, even from properties I haven’t visited in some time. So I know casinos are reaching out and doing database marketing; in fact, I believe casinos do this better than many other businesses today. There’s certainly room for improvement, particularly in terms of “if this, then that” marketing, but that’s another blog post…

Casinos do a lot of things to bring players through their doors.  They post giant luxury cars onto multiple billboards, radio ads let patrons know who is going to be in the showroom soon (and more billboards sport the same message), postcards alert tier card holders there’s a continuity gift program for the upcoming holiday, and reservations agents are scheduled overtime to book the hotel once the coupons arrive in mailboxes market-wide. There’s clearly a lot going on to provide incentives for players to visit a particular casino.

Events are held, show tickets are handed out, food is served, prizes are awarded, and guests show up. So, why do casinos need player development?

Casinos need a true-to-life player development department because it can generate revenue the programs and activities above don’t get for them.  Sure, a player who has had a “pretty alright” experience at your property in the past may come in if you dangle the right prize or giveaway or food coupons at them. But to get the right ones to come in more often, there’s nothing like the personal touch.

A host can make it easier and more inviting for a player to return to a particular property than any other service you can offer.  A host can simply provide the final push a patron needs to commit to the trip your coupons got them to consider.  A host can find out whether a particular guest enjoys tournaments and invite them. A host can let them know when it looks like their favorite progressive is about to hit. A host can get them to share the tale of their bad experience and convince them to give your property another chance to get it right.

There are any number of ways to get a player to come to your casino for a visit, but there is nothing quite as effective as a casino host when it comes to bringing back players or potential worth.  These players expect more than coupons and promotions as a “reward” for their patronage.  Many of them know they are worth a lot to you and expect to be treated as such. Targeting new players who aren’t yet loyal, finding players who are at risk of defection, and reaching out to those you have already lost are cost-effective ways to boost revenue, and there’s no one better than a host to bring them back to you. A well-trained and equipped host team can drive revenue that will have a significant effect on your property’s bottom line.

If you aren’t sure where to start, or if your team needs additional tools or resources, find a PD partner who can show you how to refocus your host team and target the right potential players in your database.  You’ll be pleased with the results.

 

This post is brought to you by Harvest Trends. We specialize in Player Development (PD). Please take a look at PowerHost, a comprehensive way to drive revenue from your team of Casino Hosts and Player Development Executives. Or contact Paul Cutler at 561.860.2621 or pcutler@harvesttrends.com.  Paul will overnight you an informative package along with pricing.

Are your hosts really hosts?

Are they?  Really?  One of our most popular blog posts is “6 Tasks You Shouldn’t Find in a Casino Host Job Description.”  It is popular because hosts being hosts doesn’t happen as often as you’d think.  How do I know?  I’ve lived it.

When I got my first casino job, as a host, I was often very busy, but not driving revenue for the property.  That wasn’t the role of a host in those days (in many regional markets, anyway).  I was what my boss at the time called “Mr. Mikey,” meaning I drew names and announced promotional winners as often as every hour some days.  I handed out paper drawing entries.  I worked at the Plateau Players Club.  I ran slot tournaments and paid the winners.  I ferried comp slips around and I chatted with people at slot machines.  I didn’t do a lot to drive revenue in the sense you think of today.

Years later, when I became responsible for a host team of my own, the scope of their responsibilities began to shift to what you expect is the norm.  Instead of sitting at a table handling Blackjack tournament registrations, the hosts were being asked to drive  revenue in conjunction with the marketing machine, utilizing the personal touch.  It was difficult to prioritize the activities of the team to enable them to be successful in this new role without finding a way to shift some responsibilities elsewhere.  Ultimately, it took two additional people to do the promotions and events tasks that the hosts had been handling, but the revenue the team drove more than made up for the extra labor cost.

Interestingly, balancing a host’s priorities is a more common challenge in 2014 than you might expect.   Today, there are hosts who sit at a desk and return “Why didn’t I get coupons?” calls or enter hotel reservations into the computer system.  Hosts give away cars and do jackpot announcements.  Hosts get called to resolve service issues for players who aren’t likely to ever be hosted.  They “pit clerk” so they can make an informed comp decision.  But they’re not driving revenue.  Not like they should. Your hosts should have a fairly narrow focus.

Even if there are extraneous tasks that the property really needs them to handle, anything that keeps the hosts from connecting with (and driving more play from) your best players should be kept to a minimum.  If you are short-staffed at the Players Club, talk to your counterparts about cross-training some of their part-timers as back-up club reps instead of using a host.   If you don’t have a dedicated promotions team, rotate marketing staff to minimize the impact of drawings and giveaways when it’s likely to be prime casino floor hunting time. If those aren’t viable options, talk to HR for help with a long-term solution instead of relying on the hosts to do tasks that really don’t help them achieve their revenue-driving potential.

Long story short, the hosts ought to be spending the vast majority of their time focused on communicating with and driving visits from your best players.  Identify the players, whether at risk, new with potential, or recently lost. Produce a snapshot of their worth, then show your boss the number.  Let him know how much higher that number can be if the hosts can be protected from distractions.  Work together with your boss and team leaders in other operational departments to establish some boundaries to enable the hosts to focus on their work.  Set the goals, monitor them relentlessly, keep the team on track, and move the needle.

More than ever, your Player Development team can have an impact on your property’s bottom line.  It’s not necessary to increase your reinvestment (in many cases) to retain most of your very best players.  It is, however, necessary to differentiate yourself from your competitors in some way to give you the edge when your guests are deciding where to wind down next time they want to play.  It’s Player Development’s role to provide your best guests with a resource to clear the way to an enjoyable and rewarding casino experience.  Doing this well with as many of your best players as possible is beneficial to the bottom line.

Your hosts need to be free to provide their personalized service to as many of your players of highest worth as possible.  In order to make it happen, you have to get everyone on board with the notion that they are hosts.  They’re not Managers on Duty, not Customer Service ambassadors, not promotion attendants or pit clerks.  Hosts.  On the floor.  On the phone.   Driving revenue.

Then they can move the needle.

 

This post is brought to you by Harvest Trends. We specialize in Player Development (PD). Please take a look at PowerHost, a comprehensive way to drive revenue from your team of Casino Hosts and Player Development Executives. Or contact Paul Cutler at 561.860.2621 or pcutler@harvesttrends.com.  Paul will overnight you an informative package along with pricing.

What do I do about the underperforming hosts on my team?

When looking at your host team’s performance, no matter how often, you are looking at the same kinds of things, such as theo generated, player recency, frequency, incline or decline of play, reinvestment, exceptional comps, profitability, contacts, and events support. Hopefully you and your team can see these numbers on a regular basis so you always know how you’re doing. (You can certainly use monthly numbers to tell how well your team and the individuals on it are performing. More often is better.)

Often, the results are sort of a mixed bag. Some are ahead of pace for theoretical, but behind in reactivation or acquisition goals. Others are bringing people in, but those folks aren’t playing as expected, so the host is behind in generation of theoretical revenue. This can even happen while the property itself is performing well, depending in large part on the level of the host’s efforts.

So what can you do about it? First, check your program for opportunities to underperform. Most important of all, please give your hosts measurable goals. (It doesn’t have to be complicated, though it certainly can be.) Start with contact goals: make XX phone calls, mail XX letters, speak on the gaming floor with XX players every week. This single objective set means your expectations have been outlined and can be measured, so your hosts will know what you have assigned to them to do each day. You can, of course, give each host or the team a theoretical revenue target to reach, and/or you can set achievement numbers around separate functions such as new player acquisition, list growth, maintenance and reactivation. Setting measurable and achievable goals sends a message to the hosts to tell them how to be successful in their jobs. (This works best if you’ve aligned your team’s targets with the overall trajectory of your property’s marketing programs.)

Once you’ve set and communicated goals to the hosts, you have to measure the results in order to provide them feedback for improvement. Document everything. Have them sign the goals when they are communicated, and regularly share results in team or one-on-one meetings. Schedule these sharing sessions for two days after you receive results, whenever that is. This keeps you accountable. In the meetings, provide suggestions for ways to build relationships and follow up on opportunities, ensure they understand the guidelines and tools provided to them, and hold them accountable for their performance. This includes both praise for pacing well, achieving goals, and exceeding expectations as well as proper coaching and discipline in accordance with your property’s rules when they don’t do as well as they should.sittogether

If you’ve looked at your program and found other opportunities for your hosts to underperform, make a list and determine how you will turn things around. Do you have hosts who love to hug the usual suspects but don’t make a lot of phone calls? Communicate a specific number of hours each shift you expect them to actively make outgoing phone calls, then hold them to it. Are there hosts who spend all day on the phone but never hit the gaming floor and talk with patrons? Set a specific number of interactions to be reported to you along with the location on the gaming floor where they spoke with that guest. Do you have someone who seems as though his or heart just isn’t in it anymore? Have a frank conversation about why they have this job and come up with a plan to help them re-engage, or find a way for them to gracefully move on to greener pastures. Alternatively, you could even follow up with guests to verify that they are talking with and satisfied with their host.

Do all of you have all the tools you need to set, measure, communicate, and target goals? If not, resources are available in many forms. A number of technology partners can slice and dice the data for you and help you find the opportunities already in your database. (This is true of the entire database, not just those patrons whose play warrants a host’s attention, by the way.) Use a CRM to provide continuity of contacts, preferences and play history in an ever-changing world. Use analytics to target the right patrons, and you might even use your Casino Management System to code and track play from hosted payers. You’ll also need reporting to show how many contacts have been made, which players have been in, who redeemed what, and what that all means for your host team and your property. Mostly, you have to ensure a steady stream of information about what your hosts and their players are doing in order to keep things on track and make changes when they’re not.

What are some of the specific things you can do to help an underperforming host do a better job? The first thing to do is ensure understanding of the tasks and responsibilities of the role. Start on the same page and check in regularly to stay there. Then, once a week or more, make quick notes about the hosts’ performance. It only needs to be a couple of sentences, but note things like whether you saw her going over and above, if his milestones are consistently being reached or not, and add your thoughts on the numbers in the goal period to date. This is also a good place to compile tardiness, absences or extra work hours, patron feedback you’ve received, time management concerns, strengths or weaknesses (and how they’ve progressed or not), and other measurable data specific to that host’s performance. Then once a month, sit down with each host and share your thoughts on the work history you’ve now compiled over the course of the last few weeks. Doing this ensures you are looking at the data and providing the hosts with the necessary feedback, coaching and support they need to be more successful.

When you’ve done all this and the host just isn’t achieving all he should, it’s time to have another frank conversation about the host’s future. It’s critical, especially at this stage and in this situation, that you document everything. Have the host sign documentation related to your expectations, any special arrangements you have agreed upon, milestones and dates for follow-up, and all the steps that have been taken by both of you to rectify the situation to date. Then keep detailed notes along the way. If expectations aren’t being met after all this, it is probably time to make a change.

It’s never easy to let someone go, but when it opens the door for another person who really wants to do the job, it is likely to make the team stronger in the long run. The effects of having a coworker who isn’t pulling his weight can be devastating to your team. Resentment, rumors, and a general malaise can set in and undermine everything you need your host team to be: courteous to a fault, responsive, and cooperative. Hosts who are frustrated with a co-worker are stuck in what they see as a no-win situation. It’s tough to stay motivated and present a happy face to your guests when you’re feelings about work are uncharitable. Whatever the specific issue, the hosts who are performing will appreciate that you held an underperformer accountable and those who are on the fence will understand that you expect performance at a higher level.

What if you could build and measure your DREAM PD Program?

Have you ever taken the time to sit back and really daydream about what you would do in your PD program if there were no constraints? If you could have the answer to any question you have about your host team’s work, their player lists, their productivity, and what the team is actually doing for your bottom line, what would you build?

Having spent nearly 18 years in Casino Player Development, working as an ambassador, host, promotions administrator, tournament official, club manager, and finally director of many things marketing, I know “the struggle is real”. I remember having to practically beg the database guy to run a list for me, then I’d have to spend hours combing through it to kick out the one-trip wonders,remove the folks I knew had passed away since the last list build, plus I had to try to remember which players had relationships with which host…AAAAAHHHHHH!!!!

The best marketer I ever worked for challenged me to run my PD program based on what the analysis told me. And while I certainly saw the sense in the suggestion, I had no way to truly analyse the program in order to do what this challenge laid out. We had two database gurus, and they were always too busy to help me. Director or not, my requests always ended up in line behind (all things) direct mail, promotion analysis, ad hoc reports requested by finance or the GM, and nearly everything else these busy guys did every day. Without the occasional fulfilled request for something I could update and run for myself (usually excel riddled with macros and connected to a backup database so we didn’t take down the casino floor by running a report), I was flying nearly blind and spending an inordinate amount of time trying to get answers to my many questions.

But that was then: olden times, as the youngsters say. (You know, before phones were handheld computers…) Now things are different.

What if you could easily ensure that the players coded to your hosts were worthy of that honor? Then, what if you could determine how many other players were in need of a host’s service and could round-robin assign them with a few clicks or by sending an e-mail?

What if you could set daily or weekly tasks that rolled up into monthly or quarterly goals? How about being able to see some progress to goals in real time, and getting a full update every single day? What would you think if the hosts received the same update every day so they could self-correct and make adjustments to achieve their goals in a proactive way?

What if someone told you that all of this (and more) are possible without the need to ask your IT or database teams for assistance every time you have a question? What if you could find these answers for yourself with just a few clicks?

What if your hosts could enter a player contact on the fly or update preferences while they are on the phone so you could personalize the offers that go out to your best and most loyal patrons? Better yet, what if you could see in real time how your hosts are progressing to achieving the goals and objectives you’ve assigned to them?

Wanna hear the best part? You can have all this (and more!) without having to purchase expensive hardware or software. It’s a service that can be completely automated, and it’s available for an affordable monthly fee per user. We’re talking hundreds, not many thousands of dollars. Plus, there’s no contractual obligation, no long-term commitment, and no risk.

It is possible to build the Player Development program of your dreams. It’s also possible to monitor, measure and report on the results of that program.

How do you keep your team rolling?

I swept my whole house today. You’re probably wondering why I started with that fascinating factoid, right? While I was moving the dust mop through my kid’s rooms, I noticed that the stuff I was sweeping up was reacting differently to the mop’s motions based on its individual nature.

There was a yellow bead that kept rolling right past the rest of the stuff I’d swept up, and there was a tiny metal bead (like a BB) that rolled pretty well but mostly stayed with the pile. There were some dust bunnies under my 16-year-old’s bed, and they stuck to the dust mop. The leaves under my 9-year-old boy’s bed were stubborn and didn’t want to be swept up, so I had to get the bristly broom for those.

Your player development team is a lot like the stuff I swept up today. How? Each individual on your team responds differently to the same stimulus. The yellow bead is the host who takes your advice and direction and runs with it, not looking back to see where the rest of the team is. The BB was your “steady Eddie” host, who stays with the pack and keeps moving at a steady pace.The dust bunnies are like the hosts who won’t make a move without a push. The leaves are the hosts who keep doing what they’re going to do regardless of your attempts to motivate them, at least until you force the issue.

In my experience, player development pros get better when they have to step outside their comfort zones, and their leaders sometimes have to start sweeping to get things moving. The dust bunnies would still be under my daughter’s bed if I hadn’t swept. The yellow bead would probably have ended up in a different place on the floor, and the BB would be hanging out with the leaves. They needed motivation to move; to roll.

Each of the members of your host team needs motivation too. Most likely, it will take something tailored to each individual to get maximum results.

The host who’s rolling on without regard to the rest of the team may be ready to take on the challenge of being a mentor for another employee. The one who is rolling along but not excelling may benefit from some encouragement to implement his ideas. The ones who want to hang back and need a push might do more if they know you’re watching and keeping track of their accomplishments. The stubborn ones could get better with training, so they should be paired up with a “rolling” host.

Take the time to evaluate your team individually, assess the tools you have available to get them moving, then choose the right combination of tools and methods to start things rolling. Then, repeat as necessary. Just like I’ll have to do with the clean(er) floors in my kids’ rooms.

Ethical Scenarios for Casino Player Development

In these blogs, we have covered a lot of ground: things hosts should do, things they shouldn’t do, how to evaluate them, how to set and measure goals, and we have gone into some depth on a few of these topics.  One important aspect of a host’s job, however, is one we’ve only briefly touched.  It is especially important that hosts keep in mind the effects of their decisions and the ethical implications thereof.  This post is designed to be interactive, so please comment with your responses.

Let’s pretend for the purposes of this post that I am a successful casino host.  I work at a property that has thus far been blissfully free of growing competitive stresses, though some of my players occasionally travel to Las Vegas for an extended gambling vacay.  I’ve been at my property for just over 5 years, and I’ve developed some solid relationships with many of my high-worth guests.  I am not allowed to accept cash tips, but guests may give me gifts of a reasonable value.   In the following scenarios, what should I do?

  1. One of my players has been indicted for embezzling a significant amount of money from the banking company for which he worked (until the indictment, anyway).  He continues to visit and play, even coming in more often now than he used to since he’s got more free time these days.  As his host, what is my responsibility to him and to the property?
  2. I have an older player who sometimes invites other guests to come to her room (in my on-property hotel) to assist her with getting in and out of the shower.  Because she obviously trusts these players, she is heartbroken and sobbing when she comes to find me on the gaming floor to tell me that someone has stolen $300 in cash from her purse.  I immediately suspect the latest of her “assistants,” but she begs me not to say anything to that lady.  What is my best move in this situation?
  3. My best friend is a hotel supervisor at my casino, and she calls me over to stand behind the desk so she can make an emergency trip to the ladies’ room.  I know how to check people in and issue card keys, so when someone approaches the desk, I assist the guest, who tips me $50 with a wink upon check-in.  Rapidly, I go through the options available to me: upgrade to the last host room (it’s a suite), upgrade to a room with a better view, say “thanks” and put the cash in my pocket, hold the tip to give to my BFF, or explain that I’m just filling in and suggest that the tip should be given to someone else since I can’t accept it.  Which choice should I make?
  4. One of my players was delighted with the anniversary amenity I had waiting for her and her husband in their hotel room last week.  She was so delighted that she sent me a thank you card containing a $100 bill.  The guest sent the card to my home address.  I’m not sure where she got it, as I’d never give a guest my address…What should I do with the cash?
  5. I believe that one of my players makes his money illegally.  I don’t know any details, but I have heard other table games players (and dealers) gossip about him.  Speculation on the sources of his income runs from gunrunning to illegal drug sales to house-flipping to a sizable inheritance.  He doesn’t seem to have a regular job, he travels a bit, and he always has lots of cash and a fancy “new” car almost every month…so I know something isn’t typical about how he earns his living.  What is my responsibility to the player and/or my property in this case?
  6. I overheard a conversation between one of my co-workers and his wife last night.  He was on his company cell phone, shouting at her in the back-of-the-house hallway.  Visibly upset, he returned to the office not long after and began making guest calls.  One of his guests must have known he was upset, because next thing I know, he’s spilling the story to a guest on the office phone.  What should I do about this?
  7. One of my favorite players is moving (permanently) to her lake house about 4 hours’ drive from my property.  She has extended to me and my family an open invitation to come and visit her sometime.  She’s not likely to make many visits after the move, since she is reluctant to drive such a distance alone.  She doesn’t have much family and considers me one of her closest friends.  Is it okay if I accept her invitation?

Many hosts encounter similar situations to these, and it isn’t always easy to know what one should do.  Your feedback might help a casino host to make a better decision, so don’t be shy.  Choose one scenario or reply to them all…but use the number of each so we know which scenario to which your answer(s) refer(s).

Ready?  Set?  GO!

Player Development isn’t a Department. It’s a Mindset.

Does everyone at your property sell the gaming experience to your guests? Just as importantly, does everyone at your property understand that the main function of a Player Development department is to sell the gaming experience to your most worthy guests?

It still amazes me how many people work in gaming without a clear understanding of the role Player Development professionals play in the operation. When given the opportunity to do the job they were given, Casino Hosts can drive revenue. They build relationships with patrons. They make it easier for a guest to choose YOUR property over going to visit a competitor. They provide concierge-like service to players who have a real impact on the bottom line, especially when those patrons don’t come in as often or play as much as they once did.

How is Player Development a mindset? It extends to every casino employee who has direct guest contact as well as those whose work affects the guests. (So, basically everybody.) If a dishwasher doesn’t do his job properly, one of your pickiest profitable players might receive a drink in a dirty glass. If a slot attendant assists a guest without introducing himself, he doesn’t exactly make a good impression even if the service was timely. When maintenance isn’t keeping up with broken fixtures in your restrooms, your guests notice. Honestly, we don’t want ANY casino guest to experience these things. This means that every employee needs to understand the basic principles of Player Development in order to keep the guests raving about your property.

These principles include using a guest’s name, responding quickly and professionally to guest requests, and anticipating guests’ needs (and meeting them). These are all things that PD pros do every day. Happily, they are things every casino employee can do, too! These simple measures help to solidify the loyalty of the guests who frequent your property, and they give new or undecided guests a reason to come back.

Even if front-line employees don’t fully understand the Player Development function, they can learn to do the things inherent in building player relationships to make your property more profitable. By keeping your guests top of mind, all your associates can facilitate keeping your property top of mind with those guests. In general, building relationships with patrons who help to keep your doors open is a function of player development that applies to every guest and every employee with whom they come into contact, either directly or indirectly. Helping your associates understand this is the first step in creating a PD mindset that will differentiate your customer service from that of your competitors.  And that, folks, is a good mindset to have throughout your operation.

Finding Balance in Player Development

As many readers of this blog already know, it is the job of a casino host to produce return trips from a property’s best players.  That means they are always in contact with guests, building and enhancing relationships with their players both “old” and new.  The key to doing it right means ensuring the host is in contact with a variety of players, many of whom are at different places along the bell curve of their player cycle.

What do I mean?  Well, think about a cross-section of a casino’s database.  There are guests who have just discovered your property, or maybe they just signed up for a card even though this is their 4th visit.  Either way, these are your new players in terms of marketing.  Then you have the “regulars.”  These people play within a predictable pattern, and are likely to be in one of the top tiers of your players club.  You know them and they know you.  Surely you have decliners, who might fall between the cracks in your player retention programs.  If direct mail doesn’t move them, a host call might, but if no one realizes they’re missing, they might get that call too late; after they’ve found an alternative in one of your competitors.   Finally, there are the ones who are “lost.”  They haven’t been in for a while due to reasons you may or may not know.  Obviously there are players like these at all levels, but your hosts really need to be aware of those who are among your best.

Since it’s easiest to talk with people you know, many hosts tend to communicate over and over with the same core group of guests.  I often refer to them as “the usual suspects.”  They are generally good players who become the ones you look for in a roomful of players at an event or show or tournament.  These players absolutely deserve the attention, but focusing too much time on these players means that the host doesn’t manage her time properly and other guests go unnoticed or un-contacted.  Additionally, contacting them first every time there is a value-added opportunity for them means the profit margin on the guest (or couple) shrinks with every offer they accept.  You run the risk of unprofitability once spending on these players exceeds your target reinvestment percentage.

It’s better to spread that spend around.  Make sure your department’s overarching goals include specific activities targeting players in all stages of their cycle of worth to your property.  Identify a player profile of those you stand to lose to a competitor (using drive time, ZIP codes, frequency, and other metrics to see what those players “look like.”)  Determine how you’re going to segment new players and build goals for getting enough of them to return and become loyal (and profitable!)  Teams of generalists should have goals targeting reactivation and acquisition as well as retention, and they should include a little reach so they don’t fall by the wayside throughout the goal period…your property will lose good players along the way if the hosts aren’t working them.

120x110_tree_onlyTechnology can help you identify, segment, and track contacts with any player according to criteria you set.  Test, survey, adjust goals, monitor progress and measure results as often as possible to ensure your plans are working as expected.  Establish goals which require your team to shift priorities from only touching retention.  Talk with your hosts and understand the challenges they face.  Keep acquisition and (preemptive) reactivation top of mind with the team so they don’t lose sight of your best players in all areas of the cycle.  Keep everyone up-to-date with regular periodic reviews and updates of progress and pace to goal.  That way, every member of your Player Development team is on track, on pace and ready to change course if needed to reach the finish together.