Tag Archives: Revenue

Tell your stories

When I first became a casino employee, I was hired as a casino host. This was a (big) number of years ago, so my duties didn’t really fit with what we know Player Development to be today. I was responsible for signing up patrons for the rewards club on the gaming floor, providing breaks at the players club, handing out drawing entries via floor sweep, announcing drawings, handling VIP events and registering players for slot, blackjack, and video poker tournaments. I spent more time doing paperwork than interacting with guests, and I certainly wasn’t driving any revenue for the property.

Within the first year, I was promoted to club supervisor. It was the next step on my journey to become the club manager, which was my goal. The work I’d done as a host had prepared me for this new role, and I got the job a few months after it was vacated by the lady who had originally hired me. With the support of a mentor (in the form of the department manager from slots), I became the player’s club manager. I was responsible for the club desk, the host team, VIP events, promotions, and tournaments. I knew how to do all the tasks and roles that reported to me, so it was a good fit.

The times, they were a’changin’. And there were some good stories along the way.

There was the Halloween VIP slot tournament where I awarded a prize by depositing it underneath Genie’s bra (Genie was a man in a body suit with a very heavily sequined genie outfit over it). I was Carol Merrill for a Let’s Make a Deal event, and got to give away some very nice jewelry and a box of 64-count Crayolas (with built-in sharpener!) in the same night. We laughed a lot, cried a little, gave and received hundreds of hugs, and had a blast most of the time.

After a couple of years of same ol’, same ol’, I got a new boss who had come to our rural outpost directly from Las Vegas. This guy had also worked as a host, and he had some definite ideas about setting up our host team to drive revenue from among our players of opportunity. I was excited about the changes, because it meant I’d get to learn something new. Something valuable.

Working with our database guy, we established player lists for each of our hosts and set some simple weekly and monthly goals: making phone calls to patrons we hadn’t seen in a while, and continuing to gather club sign-ups on the gaming floor. We began to track the play generated by each host’s list and used that data to craft achievable stretch goals for the team. We were contributing trackable revenue!

And there were more stories. Patrons who had negative comp balances but who routinely lost 10x what the computer said they should. (Would you comp them? I sure did!) We had Senior Slot Tournaments that filled the joint from Sunday through Tuesday, at one of which the birth of my daughter was announced via the overhead PA. (I got lots of gorgeous baby blankets, btw.) There were New Year’s Eve parties, Golf tournaments with celebrity golfers (“…Are these the ‘up’ elevators?”), arguments, a couple of newsworthy events, and tons of great shows.

The tangible growth in our PD program was fabulous, and we’d managed to establish a culture along the way. It was a culture of fun and inclusion, and for quite a while, it worked. The stories connected those of us who worked in the casino with our patrons. The shared experiences gave us points of reference for one another. We bonded over births, marriages, anniversaries, cocktail receptions, awards banquets, and jackpot payouts. We were family.

So tell your stories. If you’re a PD team leader, tell the stories to explain WHY you want things done a certain way. If you’re a host, telling your stories helps connect you and your players through commonalities. Telling your relevant stories helps people understand what experiences have shaped you. Hearing others’ stories makes it easier to relate to them and their point of view. Build a culture of sharing and accessibility. Knowing your patrons helps you serve them better, and it makes it infinitely easier (most of the time, anyway). Knowing your co-workers means sneaky folks will have a more difficult time getting one over on you and provides better communication opportunities.

Stories connect us in many ways. Like settling in on a rainy day with a good book, stories give us a respite from the troubles of the moment, allowing us perspective or providing inspiration when we need it. Personal stories allow us to share and receive something in return; even if we don’t immediately realize the impact the story had on the “sharee.”

Tell your stories. Inspire. Educate. Comfort. Share. Grow.

6 Tips for a Better Plan for 2015

It’s time to wrap up your plans for 2015.  Do you, like me, leave out something that has an impact on your spending patterns or your operations and you find yourself either adjusting or going without all year?  Or, is there the possibility that your capital won’t be approved and you’ll have to spend P&L dollars on maintaining something that should have been replaced? (I’m looking at you, card embosser…)

Obviously you’re going to submit and obtain approval before getting your plan and budget’s final incarnations.  You may, however be able to mitigate some of the pain that comes from surprises in the new year.  Try these tips for better planning.

Tip 1: Take a hard look at this year

For this exercise, you’ll have to be ruthless.  It may even be a bit painful, but it is essential to a successful planning process.  From a budget perspective, it is imperative to understand where your dollars were spent well and where they were not. From a business or marketing plan perspective, you need to know where there’s room for improvement and which things are working for you today.

What did you plan that didn’t work out in 2014?  Were there things you didn’t have the funds for despite your best intentions? How could you have improved cash flow, yield, labor, data, events, etc.?  What goals or strategies did you employ that just did not give you the results you anticipated?  What processes or events or promotions met, or even better, exceeded your expectations and should be incorporated in to your plans for next year?

Take what you learn from this exercise to build a framework for the upcoming year.  Avoid being accused of insanity by proactively deciding NOT to repeat the things you did in 2014 and expecting a different result in 2015.

Tip 2: Get the interested parties together and hash things out

Sit down with the rest of your department and those departments whose budgets and plans are interdependent with yours and talk things through.  If your host team needs resources or new tools to identify or maintain contact with your players of opportunity, who better to ask about what they think?  If Food & Beverage wants to place steakhouse ads in the local newspaper, doesn’t marketing need to know that?  If Entertainment is planning a series of comedy shows, if the hotel is doing renovations, if slots is replacing a third of your machines…you see where this is going, right?  You can’t plan or budget in a vacuum and have the result be something you can actually stick to for an entire year.  Have a “big ole” meeting, have everyone put their ideas and plans on the table, and figure out how it all affects the other departments’ plans and cash flow.

Tip 2: Look at others’ plans for opportunities

Take what you’ve learned from the big meeting and determine what provides you with opportunities.  Is there going to be a big hotel refurbishment in your future?  Ask what they’re doing with items that can be re-purposed: some of the items could even be useful in a player giveaway or promotion, or you could have a big tag sale and drive revenue on a traditionally slow weekend after the renovation is done.  Is the slot department replacing under-performing machines?  What opportunities are there for events or promotions related to the arrival of the new machines?  Could you invite your best and most loyal players to cut a ribbon to open them up for play?  Surely there are lots of things in your peers’ plans that could provide you a chance to make a splash.  Learn about them now and incorporate them into your plans.

Tip 3: Dream realistically

Every department head has a wish list.  Brainstorm everything you’d like to have, see, or do; then cull the list by priority without regard to expense.  Then, rank according to priority with a note about how much it costs, so you can come up with a realistic scenario.  Obviously, not everything on a wish list is going to come to pass, so while you’re spending time with your friends from the other departments, ask about their wish lists and see if there are some synergies that can be leveraged to help the entire property.  Is IT buying any new computers next year?  Let them know about your technology wish list so they can spec your equipment for a combined order with a bigger discount.

Tip 5: Expect the unexpected

Clearly, some of the things you plan for will come to pass just as you envisioned them.  Others, however, will morph into something you hadn’t anticipated.  Spend the time now planning for contingencies and you will be better prepared for the unknown when it occurs.  Might you have to choose between two of your pet projects because the revenue projections were too high?  Sure.  Could you find yourself in need of a technology solution due to a hiring freeze or lack of qualified job applicants? Absolutely.  Is there the possibility that a competitor will launch a campaign or promotion to which you will have to adjust?  You betcha!

Any (or all) of these events will be easier to handle in the heat of the moment if you have spent some time preparing for them in advance.  Happily, there is no better time to plan than while you are already planning.  Look at some of the things you may have eliminated in your early planning process and decide whether any of them could readily be put on a back burner to be deployed in case of a major shift in your market or competitive set.

Tip 5: Get buy-in from the stakeholders

This is a 360-degree exercise, but totally worth the time and energy you invest in it.  Once you’ve got a first draft submitted, ensuring that your plans are in alignment with those of your boss, the department, the property and your employees will go a long way to assuring that those plans  and strategies are successful in the end.  Have a meeting with your team(s) and share the vision with them.  Ask them for ideas or suggestions to streamline their daily tasks or processes.  (It’s a good idea to do this periodically even when you AREN’T planning for the year ahead, by the way.)

This brings the process full circle and provides you with an opportunity to verify that your plans and budgets are on the right track to help you and the property achieve all you hope to in the year ahead.

 

Did we leave out an indispensable step you can’t plan without?  Please share for the edification of all our readers.

Casino Marketing Vendors to Treasure

Since joining the team at Harvest Trends, I have discovered that there is, sadly, no need for me to keep in regular contact with some of the vendors and their reps who made my life easier over the years.  This point was made clearer to me as I walked through the expo hall at the Southern Gaming Summit in May and the Casino Marketing Conference in 2014.  Even though I am no longer a customer to some of these folks, I was pleased to see some familiar faces at the booths.

Many of these people were instrumental to the success of some pretty big VIP events and player loyalty programs for which I was responsible, as their companies went above and beyond to ensure that everything went as smoothly as possible for my team, my guests, and me.  They don’t know I’m writing this about them.  They didn’t ask for this, nor did they have any input into this post.  They are, simply put, people and businesses who provided me great products and/or services and will, I’m sure, do the same for you.  The business name for each is also a link to the company’s website.  They’ll open in a new browser tab, should you have interest in any of them.IMG_1113

All-Star Incentive Marketing

All Star provides a wide variety of gift and giveaway items to its clients.  From high-end handbags to 4″ tall live plants, if they don’t have it already, I’m sure they can find it for you at a reasonable price. (…and if they don’t find it at a reasonable price, they will tell you what it will cost and offer alternatives!) At my last property, we did a couple of highly successful events with All Star at the ready.  They assisted us with a “choose-your-gift” event for our top rewards club tiers that exceeded all expectations.  How?  The initial list of items was quite impressive: good value for our spend and high perceived value for our guests (like Vera Bradley, Sunbeam, and Bluetooth). Then, once the selections were complete and event plans had been finalized, our sales rep came to the property to assist with the order-taking.   The guests got to touch samples of the items available, ask questions about them (Tim was really great with this part!), then choose which one they wanted to order for pick up (second trip!) on a pre-determined date.   I don’t know if this is something he does for all his clients, but Tim’s presence had a calming and reassuring effect on my nerves. He was super professional and super polite. I wouldn’t hesitate to do the exact same event with him again.

In addition to this fantastic giveaway, All Star came to us with some innovative ideas for point redemption programs, VIP and “regular” player giveaways, and everyday promotions and events. They were always honest with us about what we could expect in terms of price and delivery, supported their products without fail, and were responsive to our requests for more information or ideas. They even sent some of their executives to our property to meet with our marketing team in order to establish a stronger working relationship with us. It’s that kind of customer service that makes me recommend this company.

Integrity Events

Integrity Events helped me book entertainers for my showroom and New Year’s Eve event for a couple of years.  From corporate events and private parties with energetic cover-performing groups to big arenas with nationally known entertainers, these folks can help you find the right act(s) for your event or venue, and they can even help you with production services if you need them.  Lori was our contact, and she was fantastic.

Lori made it possible for me to book a couple of big-name artists I wouldn’t have been able to afford without her assistance.  How?  She knows her stuff and saw opportunities that I would have never known existed. She presented me with deals and options and straightforward advice that made my job so much easier than I could have ever imagined.  Her advice and suggestions were spot on, she never lost her patience with the decision-making process (that often took longer than I wanted it to) at the property level, and she did everything she could to provide us with the best entertainment value possible.

Entertainment is what Integrity Events does, and just like the name implies, they give you the honesty, respect, and service you deserve.  No matter what sort of event you’re planning, if it’s big enough to need live entertainment, Integrity Events is a great resource for finding the right act.

Pixus

As part of a cross-training exercise at my last casino property, I was responsible for traditional marketing for a few months (instead of “casino” marketing).  I had to oversee direct mail, advertising, promotions and events (again), property signage and messaging, and I took on an increased role in analysis and planning during that time.  Pixus was instrumental in my success during the training period, and about five years later, the property is still using my biggest Pixus purchase: a 6’x6′ magnetic game board.

I had contacted them initially to inquire about some signs we’d ordered from them.  Because I wasn’t their primary contact at the property, I wasn’t receiving notifications from their shipping folks.  While I was on the phone with Edna, she asked if there was anything else we needed, and she connected me with a sales rep (whose name I don’t recall) who sent me information on a handful of products they thought we might find useful.  As a result of this, I had some PhotoFab pumpkin pies made to alert buffet guests to a giveaway that was coming up, they produced a giant banner for my front entrance because our in-house large-format printer was down, and the magnetic game board they suggested has been in regular rotation since we bought it several years ago.

No matter what you need printed (even if you’re in a big hurry), no matter how big or small, and no matter what medium you choose, Pixus can get it done to your satisfaction.  They impressed me more than once.

Specialty House of Creation 

When I arrived at my last property, I learned that they usually purchased bungee cords approximately a quarter of a million at a time from this company.  They traveled, literally, on a slow boat from China, and they were the best ones I’d seen at the price point they’d negotiated.  (The slot machine bungee was my favorite.)  One of our shipments was subject to a customs delay, and the folks at SHC alerted us right away…with a solution!  Instead of just e-mailing their contact to tell her the bungees were going to arrive several weeks later than anticipated, they followed up with a call to ask how long our on-hand supply would last.  When we did the math and realized we’d run out of bungee stock before the delayed shipment arrived, Specialty House’s team suggested several alternatives which were readily available to imprint and ship, and at prices that didn’t make our finance team shout at us.

Once in 7 years we ordered bungees from another supplier instead of from SHC.  That was all it took to convince me.  The shipment we received was of inferior quality and the company we bought them from was apparently disinclined to even apologize for what we felt was a poor substitute for our usual product and follow-up service.

SHC carries a wide variety of promotional items, from keychains to t-shirts and everything in between.  If you can put a logo on it, they have it– or they can get it.  They’ve been supplying casinos with stuff for years…and everyone there is so much fun to talk with, you’ll feel like you’ve been their customer for years after only a few minutes.

Micro Gaming Technologies

At my last property, when we decided to stop handing out paper entries (and move into the 21st century with our promotions), MGT was the vendor we chose to provide us with automated drawing software.  While I wasn’t intimately involved with the selection process or the installation, I was mightily impressed with the finished product. My teams and I had to use MGT when we conducted drawings and announced promotional winners, and it was a very user-friendly and transparent experience.  The guests, who had some reservations about the change to electronic drawing drums, quickly came to appreciate the convenience and clearly random selection process for determining drawing winners.  Having the winners’ names appear on screens throughout the property eased our ongoing problem with communicating this important information to folks who were in the buffet line or who had visited the racetrack, and the associates in finance and analysis really liked the fact that we could quickly report on the number of participants and provide information related to the promotions in a much more timely manner than we’d been able to do before.

When we had issues of any kind, Bill and/or Wright were only a phone call away and were able to quickly resolve the problem in most cases.  They trained our staff thoroughly, provided ongoing support that gave us confidence in the product, and updates were always handled professionally with our fantastic IT team.  This kind of experience with a technology vendor can be difficult to find, but MGT delivers good service for a great product.

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Who are some of your favorite vendors for casino marketing products and services?  Tell us all about them in the comments section.

How a good host handles a “bad” guest.

Someone found this blog by searching the phrase, “how to reason with a casino host for comps.” As I’m sure you can imagine, I was pretty taken aback by this phrase. Having spent years in the industry, and having handed out millions of dollars in comps, it was clear to me that the player who Googled this has no idea how or why hosts issue comps in the first place. Like most casino guests, he thinks it’s all about him.

The first thing I wanted to tell this casino patron is that reasoning with a host isn’t the way to get a comp. Comps are based on play. Then it occurred to me that he’s undoubtedly heard this phrase before and is looking for advice on how to wheedle or cajole to get comps unwarranted by his play.

More importantly, what should a host (or any other player development pro) tell a guest who is trying to “reason” with him for a comp? The first thing you should do is establish the fact that the guest’s play should be the main consideration for any discretionary comps you may issue. In my years in the industry, I’ve heard so many of their reasons for believing they deserve a comp that this became my mantra.  “We issue comps based on play.” Repeat it. Say it in different ways if you need to.  “Your play doesn’t support the comp you’ve requested.” “Have you played yet?” Always bring it back to the play.

Next, tell the guest how much he or she needs to play in order to warrant the comp they’re asking you to give them. As Raving Service’s Steve Browne says, “You’re not negotiating the comp. You’re negotiating the guest’s play.” If your property has a blind discretionary comp system, equate the theo to points based on the guest’s past play history and give him a point threshold which will bring him to a level that will earn the comp he wants. That way, the burden is shifted to him.

Then, monitor and issue only what the play warrants.  If he needs to earn 1000 points to get the free room, he has to earn 1000 points to get the free room.  Don’t give it to him for 900, offer a discounted rate instead.  Stand by your word.

Sure, it’s tough to withstand the barrage of reasons the guest will throw at you in order to wear you down and get what he wants. But know this: if it works, he’ll do it again and again.

“It’s your anniversary? Great! Here’s ‘the tier benefit for that occasion’.”  (Alternatively, here’s a greeting card with an offer for your next visit. Or maybe a free dessert.)

“You had a tough day at the slots? I’m so sorry the machines weren’t being very forgiving today. Can I make you a dinner reservation (or walk you to the head of the buffet line) so you can take a meal break?”

“The cocktail server didn’t make it to you in a timely manner? Would you like a bottle of water? I’ll be happy to bring it to you right here.”

As always, be polite. As usual, you should follow the rules and guidelines when issuing comps for any reason.Should you make the decision to issue a comp despite my suggestions to the contrary, be crystal clear with the guest when you explain things. Before you hand over the voucher, make eye contact and say something to let him know exactly why you decided to issue the comp and that you want him to know how much you value his business.Let him know you appreciate his loyalty and clarify whether or not you are likely to issue similar comps in the future. Make sure he understands that you are making a rare exception for him because you are his host.

The bottom line is this: if the comp is warranted by play, then comp away.  But when something other than play becomes the issue, a comp is probably not the best solution. Use your creativity to come up with an alternative that is appropriate to the reasons the guest has presented when asking you to give them a comp Handling such requests using this rule of thumb will prevent you from creating unreasonable expectations. And just as you always should, use your best judgment.

Casino Host Basics

So you’re a casino host.  Now what?  There are tasks and goals and guests and procedures, and some of them seem to be at odds with one another.  Simply put, it’s a host’s job to balance all these things.  Your primary objective is to drive more trips or get more play from the best players at your property.  The tasks and goals and guests and procedures are all parts of the whole role, which is to build relationships with players on behalf of your property in order to secure their loyalty and limit the amount of their gaming wallet that goes to your competitors.

As a rule, the relationships you build with your players will become second nature after a time.  They may begin to feel like your actual friendships.  You’ll learn which of your players are interested in what sort of events at your casino.  You’ll figure out which ones want more comps than their play warrants (manage them carefully!) and which ones would rather just be left alone to play.  It won’t take you long to remember what brand of smokes your best players prefer, and which restaurants each of your better players frequent.  Who golfs, who owns his own business, who takes care of their grandchildren on weekends, who gets all worked up if you don’t return their call within a couple of hours…you get the idea.7K0A0523

But you have to start somewhere.  Begin with a letter to any “new” players, meaning ones you haven’t yet met face-to-face.  After a few days, give each guest a call to inquire whether they’ve received your letter and whether there is any service that you may offer to them.  Have a calendar or list of upcoming events handy so you can tell them what’s going on, and note the events in which they seem interested.  (That way, you know which ones to contact them for in the future.)  Explain the services you can provide and ensure that the guest knows how to reach you when they need you. As a host, it’s your responsibility to provide the guest a touchpoint for your casino.

A player’s host is his “inside man.”  You should be able to get him a room or dinner reservations or show tickets or registration for a tournament or other event without him having to do more than ask you to take care of it.  Afterward, relentless follow-up is required.  Always return a guest’s call as soon as humanly possible and do what you say you will do.  If you’re making reservations, call back with confirmation that the task is complete, no matter whether the reservation is for today or in three weeks.

Work within the guidelines you’ve been provided, and remember that when you break a rule for a guest, you are, in fact creating a new rule.  Players will share with one another what you’ve done for them, and others will begin to expect the same sort of consideration.  Be diplomatic, and learn to say “no” and make it sound like “yes,” using the phrase, “what I CAN do for you is…”  It’s never a good idea to create an expectation for something you cant deliver.

Learn how to read player accounts well enough to quickly determine whether a guest will still be profitable after redeeming all his or her offers before providing additional incentives.  If she redeems her room and meal coupons, downloads all her points for free play AND you give her a comp, how much of her play is left over as profit?  Let that be your guide.  As a general rule of thumb, don’t comp someone more than 10% of their average theo (or loss, if that’s a bigger dollar amount.)  When you DO provide an extra incentive to a guest, be sure they understand whether or not such an incentive may be provided again in the future.  Tell them what they need to do to get what they want.

Ask the other hosts on your team (particularly those who are more experienced) how they handle certain situations and take the best practices from among them to make your own.  Every host is different in some ways from his or her counterparts, and because of that, your own signature approach will often serve you well.  Learn from your mistakes and always ask someone you trust for help when you need it.

Remember always that your job is to get more visits or more play from the best players at your casino. The best hosts find a way to accommodate their guests without creating unrealistic expectations, learn to anticipate their guests’ needs, and accurately report on their activities so the property’s leadership understands the Player Development team’s contribution to the bottom line. The tasks and goals and guests and procedures are how you get there.

 

 

10 Tips for Casino Hosts

A couple of recent e-mails from casino hosts gently pointed out that many of my blog posts are aimed squarely at those who lead casino player development teams and that there wasn’t a lot of content for those who actually ARE casino hosts.  With this post, I am addressing casino hosts directly in order to help them streamline their efforts to drive more visits from their property’s most profitable players.  The following guidelines may be applied as needed in order to help hosts accomplish more during a shift.

  1. Understand who your customers are and what they want.  This sounds pretty simple, but is , in fact, as complex as each of the players themselves.  Think for a moment about the things you hear over and over again in conversations with your players.  These are common themes, and it’s likely that your players have discussed their feelings about your program with one another as well.  Are they getting more free play from your competitors?  Since there’s not much you can do about that, remind them that you provide them extra “value” for their visits by making it easier for them to make room or dinner reservations.  Do they tell you that they don’t like your promotions?  Get specifics and pass them along to the pertinent associates in your marketing department in order to provide those folks the direction they need to make those promotions more appealing, which makes them more profitable when better players participate.  Talk with the [layers and share what you ‘ve learned in order to keep your casino ahead of the curve.
  2. Know how to say “no” and make it sound like “yes.”  This concept suggests that you can share with them what they need to do in order to get what they want.  Rather than shut them down as soon as they ask for something not warranted by their play, tell them how much they’ll have to play in order to earn the thing they want.  Remember to look at spouse play or other mitigating factors (how frequently they customarily visit, whether they likely visit competitor properties, recent illnesses or bad weather, etc.) in your calculations.  Then tell them how many points or trips or comps they will have to earn (or make) to qualify.  Put the ball back in the player’s court, so to speak, and then the “no” doesn’t have to be spoken.  Empower the guest to earn what’s necessary to have their wish fulfilled.
  3. Understand how your property’s direct mail program works.  This single accomplishment will enable you to more profitably manage your player list.  If the guest has hotel coupons that haven’t yet been redeemed, offer to make the reservation for them using the coupon.  (If your property requires that the actual coupon be surrendered upon check-in, remind the guest to bring it to the hotel desk.)  When the guest asks for a steakhouse reservation, look at their offers and determine whether they want this meal in addition to what their coupons provide and decide if the comp is warranted on top of the other offers they might redeem during the trip.  If they’ve got an offer for 2 (two) show tickets and they want 4 (four) seats for an upcoming show, look at recent play to see if the add-on is warranted.  (Maybe they had a big loss since the offers mailer…or maybe they didn’t.)  Understanding your mail program helps you better address player concerns when their offers change, too.  And you’ll get that question a lot.
  4. Make breaking (or bending) a rule a last resort.  Once you’ve broken a rule to accommodate a guest’s wishes, you’ve actually established a new rule.  The guest will likely come to expect a similar accommodation in the future unless you tactfully communicate to him that this is a one-time only situation.  As other players hear about the special favor you’ve done (and they will!), some of them are likely to ask you for similar consideration due to their own extenuating circumstances.  It can be a slippery slope, so it’s probably best to avoid the trip down the hill.
  5. Pass along player comments to your team leader.  Whether you know it or not, your team leader is probably going to follow up on the information you share.  Often, managers and directors are so busy with the day-to-day tasks of their own jobs, as well as the occasional firefight, that they don’t get to talk with guests and learn what is important or vexing to them.  In your role as a host, players will often share their frustrations or delights with you.  Close the feedback loop by sharing this information with your boss in order to ensure the guests concerns are at least within his awareness.
  6. Always maintain confidentiality.  It may seem like a no-brainer, but it’s easy to forget who is around you when you are speaking with co-workers or even other guests.  If you are going to be talking about specific player patterns or proprietary company information, always ensure you are in an area away from guests as well as employees who do not have access to the information you are sharing.  Never reveal things like ADT ranges or levels, customer losses, company policies and procedures, or sensitive information like room numbers or addresses.  When speaking with a customer directly, use generalizations or anecdotes to share pertinent information without going into specifics…unless you are talking about that guest’s own play patterns.  Even then, only use points or another metric which the customer can plainly see for himself to make your point.
  7. Never let ’em see you sweat!  Even when you’re running around the casino like a madman on a Saturday night, take your time to walk through the gaming areas, keeping in mind that the guests may take a cue from your behavior.  Walk with a purpose, but like you own the place.  Even when you’re on your way to a firefight, take advantage of opportunities to briefly “touch” players you know and make a mental note to get back to them when you have a moment.  Be calm and plan your next move instead of being buffeted by the tides of a busy casino floor.  Better yet, plan your day ahead of time.  Build in a buffer to accommodate the unexpected, and you’ll accomplish more.
  8. Don’t come out of the gate with an offer.  When you approach those players on the gaming floor, or when you reach one by phone, don’t automatically offer free play or a buffet comp.  Player development is about relationships, and it isn’t your job to be Santa Claus.  Talk with the guest.  Learn why he visits your property instead of a competitor’s.  Find out why he doesn’t like the buffet or never brings his wife with him.  Make a connection instead of an offer.  When you do this via telemarketing, you’ll often find that the overdue or inactive guest will make a visit to your property within a couple of weeks even if you didn’t sweeten the deal with something extra in the way of perks.  Just having you as their host will often keep your property top of mind, so touching base will sometimes generate a visit on its own.
  9. Share your ideas.  One of the best hosts I’ve ever known is also once of the most creative people I’ve met in my lifetime.  She is great at decorating, throwing parties, and generating ideas for casino promotions that drive revenue.  Fortunately, she is also a “sharer.”  She’s put together game shows, suite parties with hors d’ouvres and an open bar, slot tournaments, and countless other engaging events for her coded players.  She included other hosts in these events when they were interested, and they worked together to make the events memorable.  At the suite parties, they even set up a photo “booth” and took pictures with their players.  Those photos were featured at future events to show those who’d missed the parties just how much fun they’d had.   The hosts who opted out of participating in these events generally didn’t drive as much revenue in the same time period, and all of these great ideas were profitable.  Brainstorm with the creative minds at your property and provide your coded players another reason to come have fun at your casino.
  10. Never forget who you work for and who provides the dollars in your paycheck.  These entities are not one and the same.   You work for the casino, but the players provide the dollars in your paycheck.  It can create a balancing act for you, because sometimes what the player wants is at odds with what the company says you can provide.  Making sound business decisions is the hallmark of a good casino host.  Therefore, you must always balance the guest’s needs with the company’s success.  Paying a player to patronize your casino is never a good idea, because you haven’t actually secured their loyalty…and that’s ultimately what your job really is.

Being a good casino host takes a lot of varied skills.  You have to be a god communicator, both written and verbal.  You have to quickly weigh circumstances and crunch numbers to make decisions, the results of which your players will take personally.  You have to develop real working relationships with people around the casino to help you meet your guests’ needs in addition to the relationships you’ll need to build with the guests themselves.  You have to be ever mindful of the policies, procedures, regulatory concerns, ethical considerations and other guidelines by which you have to conduct your business.  While thinking like an entrepreneur, to manage your book of business, you have to abide by the rules your casino has for reinvesting in its players.  Often, you’ll have to do this on the fly without access to all the tools available to you, do it in addition to other tasks, or do it with so much data you can’t wade through it all.  It’s not a job for the faint of heart.

But you are a people person, and likely have casino player development in your blood, like I do.  That means you’ll come back again and again in an effort to get your guests to do the exact same.  7K0A0246

6 Event Ideas for Casino Player Development

Who hasn’t been there, right?  You’ve found yourself  sitting in a meeting or in front of your computer trying to come up with an idea for a thing to do to move the needle.  The solution, if you work in casino player development, often involves putting together a plan for bringing people through the doors of your casino.  Increasing player visits and/or the amount those guests play is, after all, the primary function of a host team.  Here are a few tried and true events or games that you can freely borrow (or modify or giggle over) for use in bringing your best players to see you.   Enjoy!

  • Who can earn the most points?  A competition.  This is a perfect (non) event for those big players who aren’t interested in gatherings or elaborate meals; you know, the ones who just want to play.  Select a group of good players and a time frame during which you want to drive some extra play, then communicate The Points Challenge to those players.  The player who earns the most base points during the time frame you’ve designated WINS!  Pros: drives revenue from good players, not very labor intensive, has an “exclusivity” factor, doesn’t have to be expensive.  Cons: no excitement factor, only moves a small group of players, requires timely database or IT support.
  • Come find me and choose your prize.  I’d like to meet you.  Not so much an event as a “dialogue,” this works fabulously for hosts who have players they’ve never met face to face.  Set a time frame and communicate to the host’s players that if they find him on the gaming floor during that time frame they can choose an envelope which contains a prize.  Print up a variety of prize vouchers, and have the host randomly put them into envelopes, several of which he can carry on his person as he walks the gaming floor during the specified time frame.  Things to decide: the prize pool, expiration dates of the offers, whether the host may “reluctantly” allow the guest to exchange his prize for something else if he isn’t happy with his lot, and whether players may play more than once during the event.  Pros: gets hosts face to face with guests, hosts are visible on the gaming floor, they can also be tasked with sign-ups and working the high-limit areas during the envelope time frames, other guests see and are intrigued.  Cons: hosts aren’t on the phones while they are on the floor, difficult to communicate prize pool to potential participants to incent visitation, other guests see and can’t participate, some “wasted” productivity is a possibility.
  • Choose your prize, social edition.  Choose a varied group of players and send an invitation for a cocktail party (or ice cream social or cigar party or whatever works in your market) and let the guests know that each of them will have an opportunity to choose a prize at the event.  Theme is important for this event, as it will determine the method by which patrons will choose a prize.  Is it St. Patrick’s Day?  Have the guest draw a chocolate coin from a plastic cauldron.  Are you closer to Easter?  Have them choose a plastic Easter Egg.  In mid-Spring, put fake money on a fake tree and have guests choose a “leaf.” The possibilities are endless.  Every choice wins the player a minimum prize of some sort (think $5 value), but some choices are specially marked (with a number or a colored sticker) to award a bigger prize.  Celebrate the big winners, so people know the prizes are being won and to create excitement.  Pros: volume can drive revenue, hosts are interacting with guests, guests interact with one another, everyone wins.  Cons: labor-intensive, can be expensive (depending on F&B and labor costs) and revenue flow-through may suffer if volume isn’t solid.
  • Win a prize, game show edition. This, too, has many variant possibilities, and can be as expensive and elaborate as you want to make it.  Choose your game and emcee, theme and prizes, then use your per person cost to determine the list of invitees.  This is a good opportunity to invite guests who are about to level up, who might level out, or those you haven’t seen in a while.  Go all out and produce a Dealmaker show where guests dress up and choose from among several hidden prize options, or have a Price-a-Rama where they have to play a game to see what they’ve won.  Video games work well, too.  Use your imagination!  Pros: high excitement level, generates buzz, creates interaction with and among guests.  Cons: requires tons of planning, can be expensive, takes players (and staff) off the floor for a while.
  • Choose a gift gathering.  A double-tripper.  Decide who you’re going to invite and how much you want to spend on each gift.  Put together a selection of gift items in that price range (look for high perceived value and low actual cost, obviously), then prepare an order form to be given to each guest at your event.  Have a few samples of each item available, and send an invitation for guests to come to the property to make a selection on a specified date and time.  At the gathering, guests can touch and feel the gifts, schmooze with your staff, and order the item of their choosing, knowing what day to come back (a second trip!) and pick it up.  Decide whether there will be a wide or narrow window for ordering and for pick-up, and whether hosts will be allowed to “hold” items for a later visit if good players can’t make it in during the scheduled time.  Pros: staff/player interaction, guest choice and goodwill, two trips per player.  Cons: requires tons of planning, labor-intensive, could get expensive, leftover items need storage/disbursement.
  • Sit-down dinner.  A conversation starter.   If you have a steakhouse, close it and host a private party for your very best players.  If not, arrange with your F&B team to put together a nice dining experience and invite your best players.  Assign seating in advance using your hosts’ knowledge of the guests and include a property executive at each table.  Have some questions prepared in advance in case the conversation doesn’t flow naturally, and use this dinner as both a revenue driver and an opportunity to learn what motivates and aggravates your top 20%.  Pros: everyone has a nice dinner, guests feel important, great learning opportunity.  Cons: can be expensive, takes players and execs out of commission for a while, issues may arise that the execs cannot speak to or address.  (Don’t make any promises!)

There are more where these came from.  If you have a suggestion or want to ask about additional ideas, please comment below.  If you have executed any of these, sound off and let us know how it went!

How do I set up and track Casino Host Goals? (Part 5 of 5)

Interestingly, your work here is not yet done.  You have accomplished quite a lot if you have followed all the steps I’ve suggested, but there is still more…refining work, if you will.

As suggested in the last post, you may have noted some patterns emerging from your analysis of the team’s work.  Some hosts may have a knack for spotting and responding to changes in player behavior and others may need a gentle nudge.  Some segments in your player base may generate a stronger showing for certain kinds of promotions or events, or you may even see declines in some groups of your guests, requiring you to assess the effectiveness of parts of the program.

The next step, logically, is the constant review and course corrections that enable you to continue posting positive results from the team.  Clearly, there will be things that work against you, but if you are paying attention to the way your best players react to the best efforts of your Player Development team you will have the information you need to decide how to proceed.

Do you have a new competitor opening its doors soon?  Focus your team on Preemptive Reactivation efforts.  Do you see a normal downturn in visits and spend during the winter months?  Look at the best players from your inner market to determine whether there are opportunities to drive an extra visit from those who live close enough to safely travel to you.  Or, team up with the motorcoach staff to bring better players in by the busload. (Book fancy buses, of course!)

Begin looking at goals and objectives for the next 3 or 4 goal periods instead of one period at a time, and imagine the adjustments you may need to employ to ensure that they are in alignment with the property’s plans.  Put together a Player Development plan with input from hosts, property operations leaders, and guests.  Think about ways you can quickly turn the tide when the team’s (or the property’s) numbers don’t look so great, then come up with some concrete plans to do so when needed.

Use both successes and failures to learn how to do it better as you move forward.  After all, the gaming business is evolving at a faster rate these days than ever before, and with tighter margins and less room for error.  Understanding why your team is successful or not and having the information you need and the plans in place to maximize the results is key.

Ma Market Planning 06
Ma Market Planning 06 (Photo credit: nancydowd)

How do I set up and track Casino Host goals? (Part 1 of 5)

Maybe you just got a promotion.  Or, the market around you has changed and you need to respond to that.  You got a new boss, or you’re starting a brand-new host team, or you got a job at a new property, or something like that.  Anyway, you have found yourself sitting in front of the computer trying to assemble Casino Host goals for the Player Development team.  And you’re not sure where to start.  Please read on.

Start with some basic structure questions.

  • Will the amount of the bonus to be paid out be salary-based or will there be a set amount which can be earned?
  • Will you add a team bonus or simply pay individual hosts based on their own achievements?
  • Will there be bonuses paid for partial achievement?
  • Will you pay a super-bonus for far exceeding the goals?
  • Will goals be based solely on the revenue the team generates, or will you include some strategic objectives for the team to achieve?
  • If you include them, will the metrics-based goals be paid out even if the host doesn’t reach his or her revenue target?
  • Upon what will you base the revenue targets?
  • What metrics will you choose for the strategic objectives and how will you set those target numbers?

Once you have made some decisions around these questions, you’re ready to do some analysis in order to answer the specifics.

Yes, you’ll need to crunch some numbers in order to set the goals.  At a minimum, you need to understand the following:

  • How much cumulative revenue the players coded to each host generated in a period that looks like your bonus period. (Whether you use gross theo, net theo, actual or some combination thereof is up to you.)           -OR-
  • An average revenue amount and number of trips for all the host team’s coded players.
  • How much your property expects its revenue numbers to change from the quarter you analysed to the quarter you’re setting the bonus for.  For example, in Q1 2014, Sandy Palace Casino expects to see 3.5% growth over Q1 2013.  (You should assume the hosted players will be subject to the same anticipated increase in worth, all things being equal.)
  • How many new players your hosts will add to their list over the course of the quarter and what they are expected to be worth.
  • What sort of player attrition the property has experienced lately (say, quarter over quarter).
  • The number of players in your database who deserve but do not currently enjoy host attention and their worth.
  • Whether any additional threats to the cream of your database exist in your market and what revenue might be lost if that threat comes to fruition.

Have you got all that?  Good.  Now, let’s build some goals for a bonus program.