James La Barrie, founder of Beyond Marketing and featured speaker at the 2015 USPA DZO Conference, presents "The Way Forward: A Digital Marketing Plan for the Skydiving Industry."
26. LAW OF SUPPLY & DEMAND
#PIA2015
DEMAND
is
DECREASING
SUPPLY
is at all
time high
SUPPLY
must
DECREASE
WHAT DO WE DO NOW?
27. TWO
OPTIONS
Option 1:
Continue to offer daily deals and lower
your retail pricing.
Hit the
iceberg
Option 2:
Start making changes to avert disaster.
or
Prepare
to
jump ship.
#PIA2015
28. Option 1. Continue to offer
daily deals.
Daily Deals Decrease
Cash Flow Decreases
Increase cash flow.
Decrease prices to
stay ahead.
NOT SUSTAINABLE
#PIA2015
29. Option 2 - Abandon Ship
a. Plan an exit strategy to cut the cord.
b. Prepare for the cash shortage and lower
volume.
c. Increase margins to offset lower volume.
d.
MARKET YOUR BUTT OFF
#PIA2015
38. #PIA2015
Born between 1982 - 2000
Largest generation in the world - 80 million in the US
Millennials: What You Should Know
Most educated generation in history.
Digital Natives - not needing to adapt to the internet
age.
No rush to get married. Only 26% are married.
Liberal with the majority being Democrat
39. #PIA2015
Millennials: What You Should Know
81% are on Facebook
55% have taken ‘selfies’
Only 19% say people /businesses can be trusted.
High levels of student debt, poverty & economic
hardship.
78% would spend money on an event over buying
something.
#FOMO
52. #PIA2015
20 DZ CUSTOMER TOUCH POINTS
Road Signs Parking Lot Check-In Training
Website PhoneSocial Media
JumpsuitsInstructor Videographer Plane
Ascent Free Fall Wait Time for Media
Media Closing
Wait Times Bathrooms Hangar Snack Bar