A horse-racing venue's revenues had fallen flat. So, they called in an ad agency to reposition the track in the market after revitalization. The problem was, this only went to so far and the return on investment needed for the track owners just wasn't materializing. So, the ad agency call on LeadGen.com.
Find out how we help them solve the problem, while turning a repositioning campaign into an ongoing client!
Background
A mid-Atlantic advertising agency that specializes in sports marketing was working with
a horse-racing venue that had fallen on hard times. New owners wanted to revitalize the
track and make it a family-friendly destination, and so they invested heavily in the
facility and in marketing, and added events, fine food and other entertainment based
around their core horse-racing offering. They called in a regional agency to develop a
new look, a marketing strategy, literature, a Web site, and a full media campaign; and
attendance started to rise in the first year of the program. For the agency, it was a mid-sized
project, but because it had a limited geographic appeal, it had limited long-term
potential for ongoing business. There was some ongoing media, but the re-positioning
was a “once-and-done” affair, and results flattened out soon after the launch.
Problem
Despite the advertising campaign, horse-racing had a limited appeal in a crowded
entertainment market. The campaign attracted the traditional racing fans, but most
attendees came once, and although they enjoyed the day, didn’t see a reason to return
more than once a year. Filling the stands every week was the key to success for the track,
however, and for the agency to give the owners the ROI they needed.
Solution
Searching around for options, the agency decided to consider telemarketing, and
contacted LeadGen.com. Having had experience in filling corporate events before, LeadGen.com
suggested telemarketing to businesses to persuade them to hold corporate outings, picnics
and teambuilding events at the track. The program was approved by the client, and
ramped up in only two-weeks’ time.
Results
The agency’s media program had created awareness in the market, so when LeadGen.com called
the corporate event planners to solicit their companies’ interest, many people were
already familiar with the track. And the suggestion to hold their annual picnic, a customer
outing, or a teambuilding meeting were all enthusiastically received. LeadGen.com was able to
lock up dates for hundreds of companies, each with anywhere from 5 to 500 attendees.
As a result of the B2B telemarketing program, the track was able to sell out almost all of their
special event days, and generate enough repeat corporate business to meet their financial
goals. And the agency, by subcontracting the telemarketing to LeadGen.com, was retained by the
track to implement the program annually, with a tidy mark-up for their efforts.