SlideShare a Scribd company logo
1 of 4
Download to read offline
Phone: 1.484.482.1600 Contact Us For More Information WWW.IMS-POS.COM
Topic: Why You Need an In-Venue Engagement Platform
Overview:
As deeper and more relevant Fan-Customer Engagement becomes necessary to drive incremental
revenue and affinity, many are looking to existing in-venue silo systems, or one-off, unproven tactics to
help with those efforts.
IMS believes the only real way to create meaningful in-venue engagement, revenue and affinity is to
think ā€œcross-systemā€ and ā€œplatform vs. productā€.
Background:
As IMS has engaged in numerous discussions with venue, arena and stadium management of all size and
manner, we hear continued desire to ā€œknow and understand our customerā€, ā€œimprove the customer
experienceā€, and ā€œcreate more engagement to drive more revenueā€.
There are multiple levels and areas for engagement through the customer journey. IMS has focused our
STADISĀ© engagement platform capabilities around the areas that will have the greatest impact on
creating incremental revenue and engagement:
ļ‚· Integrating in-venue systems to gain access to real-time cross-system data
ļ‚· Using this data to optimize cross-system, revenue-generating engagement
ļ‚· Using this engagement to understand the customer journey and item level buying history
Visualizing the Benefits (Top-horizontal) and Tactics (Left side-vertical)
Phone: 1.484.482.1600 Contact Us For More Information WWW.IMS-POS.COM
Detailing the Benefits & Tactics:
The first thing youā€™ll notice is we have not listed single or silo system (e.g., ticketing, etc.) benefits. Best
of Breed single systems are critical to operational efficiency and effectiveness. Our approach, ā€œbuy best
of breed, and integrate for synergy and leverageā€. If you are considering a single, all-in-one system that
claims to ā€œdo it allā€, we have one word for you: ā€œBEWAREā€. Weā€™ll be looking at best or breed vs. all-in-
one system comparisons in another IMS Point of View Brief in the future.
Additionally, there may be tactics that are not listed here, as well as sub-tactics that fall under higher
level tactics (e.g., stored value ticketing would fall under STADISĀ© Stored Value). Feel free to call us to
discuss where individual tactics may rank out.
Letā€™s dig into the benefits and what they are:
ļ‚· Cross-System Manual Process Automation: Does the tactic take current manual cross-system
processes and automate them? E.g., eliminate the use of coupons, cashier collection of coupons,
and back office reconciliation of coupons. Ticketing alone does not do this, thatā€™s why their
color is RED.
ļ‚· Enables Cross-System ID and Tracking: Does the tactic enable cross-system identification? For
example, ticketing would need to work with another system to enable this, but the tactic has
the inherent capability to ID and track customers through the scan of the barcode. Notice tactics
like BI and Data Warehouse, while enabling cross-system product insight, cannot alone ID and
track customers. They need another system or tactic to enable ID and engagement. CRM cannot
do this and that is why they are RED.
ļ‚· Creates Incremental Pre-Event Cross-System Engagement-Revenue: Our evaluation focuses on
whether the tactic can drive engagement and revenue. E.g., the typical loyalty scheme awards
points for purchases, but the rewards tend to be post-purchase or post-event. Are there metrics
showing incremental pre-event engagement and revenue? Three of the four STADISĀ© areas are
guaranteed to drive incremental pre-event revenue with the proper planning. Thus they are
GREEN.
ļ‚· Creates Incremental In-Event Cross-System Engagement-Revenue: The Loyalty question arises
depending on the Loyalty rewards structure and embedded engagement tactics. For example, if
rewards are generated for any purchase, the customer may buy F&B only with no retail
merchandise. If thereā€™s not mechanism to encourage or mandate cross-system engagement,
they would fail against this benchmark. Thatā€™s why Loyalty is a YELLOW. Again, our benchmark is
cross-system. If desired, STADISĀ© capabilities can structured to mandate or encourage x-system
engagement-revenue. Thus, why theyā€™re GREEN.
ļ‚· Creates Incremental Post-Event Cross-System Engagement-Revenue: Loyalty may accomplish
this if there are post event engagement rewards options. This may encourage incremental
revenue as well. Some would expect that Marketing Automation and CRM could create this, but
what is the mechanism for cross-system revenue generation and fulfillment?
Phone: 1.484.482.1600 Contact Us For More Information WWW.IMS-POS.COM
ļ‚· Creates Incremental In-Event Real-Time Cross-System Rewards-Revenue: Delivering rewards in
real time based on customerā€™s cross-system behavior is the new standard of rewards
engagement. If your desire is to surprise and delight your customer with the unexpected, this
capability is a must. STADISĀ© real-time rewards uses trigger and progressive rewards (single or
cross system) to drive incremental engagement and revenue while the fan-customer is still in
venue.
ļ‚· Creates Incremental Cross-System Customer Insight and Knowledge: IMSā€™s standard involves the
ability to capture customer cross-system engagement and purchase activity down to the receipt
item level. STADISĀ© captures all customer-item level activity when tendered with-through a
customer ID. If BI and Data Warehouse donā€™t ID the customer and have an automated method
of engagement and tracking all receipt activity, they canā€™t do this (Thus YELLOW). If Loyalty only
tracks dollars spent, they canā€™t do this. If Beacons only act as a location based coupon delivery
mechanism, they canā€™t do this.
ļ‚· Creates Incremental Cross-System Product Insight and Knowledge: This is where BI, Data
Warehouse, etc. excel (Thus GREEN). Through the integration of various systems, product
related activity can be viewed through a single lens. STADISĀ© tactics are road-mapped to
provide this insight in the near future (Thus YELLOW).
What Should Drive Your Selection Process?
1. How are you thinking about changing your interactions and engagement process with your fans-
customers?
a. What type of engagement activities are your drivers?
i. Revenue generating engagements?
ii. Engagements that are one or more steps removed from increasing revenue
(e.g., social engagement)?
b. What will success look like, short and long term?
c. What types of metrics do you need to measure success?
2. Do the Engagement tactics and platform you are evaluating have completed integrations, or
ease of integration with your primary revenue generating systems?
a. What is the depth of integration?
b. How is data accessible?
i. Item-level data available in-transaction?
ii. Charge data available in-transaction and item data post transaction?
iii. Charge data only?
3. What is the platformā€™s experience in the venue space and familiarity with venue systems?
4. Does the platform allow for a managed, scalable, fast and flexible implementation?
Phone: 1.484.482.1600 Contact Us For More Information WWW.IMS-POS.COM
Summary:
The STADISĀ© Engagement Platform provides major engagement categories including:
ļ‚· Using any type of fan-customer identifier (e.g., ticket barcode, magstripe, rfid band or card, etc.)
ļ‚· Item level, time based, location based, and either/or (pick one), category, sub-category, time
and location engagement and promotion set-up
ļ‚· Real time trigger-based and progressive rewards at any of the levels described above
ļ‚· Stored Value on multiple tactics (e.g., ticket, employee meals, VIPs, Gift Cards, web-based
portal, etc.)
Any of these engagement activities can be deployed as stand-alone tactics-subscriptions or as a
platform. Of course, all engagement activity down to the receipt item purchase is tracked at the
customer level in real time.
Reporting on any of the above uses and other KPIs can be created through any number of Business
Intelligence tools STADISĀ© utilizes, including STADISĀ© Insights Powered by IBM Cognos.

More Related Content

What's hot

Affordable Retail Software - FusionRetail-6
Affordable Retail Software - FusionRetail-6Affordable Retail Software - FusionRetail-6
Affordable Retail Software - FusionRetail-6
rancelab
Ā 
Lec i sait_crm
Lec i sait_crmLec i sait_crm
Lec i sait_crm
Vimal Seth
Ā 
DarrelKammeyer BI in Gaming Overview
DarrelKammeyer BI in Gaming OverviewDarrelKammeyer BI in Gaming Overview
DarrelKammeyer BI in Gaming Overview
Darrel Kammeyer
Ā 
Hotel Revenue Management Basics
Hotel Revenue Management BasicsHotel Revenue Management Basics
Hotel Revenue Management Basics
Lakesia Wright
Ā 
customer relationship management
customer relationship managementcustomer relationship management
customer relationship management
Pilar Media
Ā 
Smarter analytics for retailers Delivering insight to enable business success
Smarter analytics for retailers Delivering insight to enable business successSmarter analytics for retailers Delivering insight to enable business success
Smarter analytics for retailers Delivering insight to enable business success
Kun Le
Ā 
What Customer Relationship Management entails in the 21st Century
What Customer Relationship Management entails in the 21st CenturyWhat Customer Relationship Management entails in the 21st Century
What Customer Relationship Management entails in the 21st Century
Sameer Patel
Ā 

What's hot (20)

ą¹€ąø­ąøąøŖąø²ąø£ąøšąø£ąø£ąø¢ąø²ąø¢ą¹ƒąø™ąø‡ąø²ąø™ąøŖąø±ąø”ąø”ąø™ąø² CRM ąøŖąø³ąø«ąø£ąø±ąøšąø˜ąøøąø£ąøąø“ąøˆąø›ąø£ąø°ąøąø±ąø™
ą¹€ąø­ąøąøŖąø²ąø£ąøšąø£ąø£ąø¢ąø²ąø¢ą¹ƒąø™ąø‡ąø²ąø™ąøŖąø±ąø”ąø”ąø™ąø² CRM ąøŖąø³ąø«ąø£ąø±ąøšąø˜ąøøąø£ąøąø“ąøˆąø›ąø£ąø°ąøąø±ąø™ą¹€ąø­ąøąøŖąø²ąø£ąøšąø£ąø£ąø¢ąø²ąø¢ą¹ƒąø™ąø‡ąø²ąø™ąøŖąø±ąø”ąø”ąø™ąø² CRM ąøŖąø³ąø«ąø£ąø±ąøšąø˜ąøøąø£ąøąø“ąøˆąø›ąø£ąø°ąøąø±ąø™
ą¹€ąø­ąøąøŖąø²ąø£ąøšąø£ąø£ąø¢ąø²ąø¢ą¹ƒąø™ąø‡ąø²ąø™ąøŖąø±ąø”ąø”ąø™ąø² CRM ąøŖąø³ąø«ąø£ąø±ąøšąø˜ąøøąø£ąøąø“ąøˆąø›ąø£ąø°ąøąø±ąø™
Ā 
CRM Application for Fashion & Luxury Market
CRM Application for Fashion & Luxury MarketCRM Application for Fashion & Luxury Market
CRM Application for Fashion & Luxury Market
Ā 
CRM Trends to Watch for in 2017
CRM Trends to Watch for in 2017CRM Trends to Watch for in 2017
CRM Trends to Watch for in 2017
Ā 
Affordable Retail Software - FusionRetail-6
Affordable Retail Software - FusionRetail-6Affordable Retail Software - FusionRetail-6
Affordable Retail Software - FusionRetail-6
Ā 
Lec i sait_crm
Lec i sait_crmLec i sait_crm
Lec i sait_crm
Ā 
Wealth management Webinar - How To Be More Responsive in the First 90 Days
Wealth management Webinar - How To Be More Responsive in the First 90 DaysWealth management Webinar - How To Be More Responsive in the First 90 Days
Wealth management Webinar - How To Be More Responsive in the First 90 Days
Ā 
DarrelKammeyer BI in Gaming Overview
DarrelKammeyer BI in Gaming OverviewDarrelKammeyer BI in Gaming Overview
DarrelKammeyer BI in Gaming Overview
Ā 
Hotel Revenue Management Basics
Hotel Revenue Management BasicsHotel Revenue Management Basics
Hotel Revenue Management Basics
Ā 
customer relationship management
customer relationship managementcustomer relationship management
customer relationship management
Ā 
Building a business around SugarCRM
Building a business around SugarCRMBuilding a business around SugarCRM
Building a business around SugarCRM
Ā 
Insurance CRM in Max Life Insurance
Insurance CRM in Max Life InsuranceInsurance CRM in Max Life Insurance
Insurance CRM in Max Life Insurance
Ā 
Adinfo Products & Services As of 05 17 2002
Adinfo Products & Services As of  05 17 2002Adinfo Products & Services As of  05 17 2002
Adinfo Products & Services As of 05 17 2002
Ā 
Smarter analytics for retailers Delivering insight to enable business success
Smarter analytics for retailers Delivering insight to enable business successSmarter analytics for retailers Delivering insight to enable business success
Smarter analytics for retailers Delivering insight to enable business success
Ā 
Ch7 Ching
Ch7 ChingCh7 Ching
Ch7 Ching
Ā 
A study on customer perception towards customer relationship management crm p...
A study on customer perception towards customer relationship management crm p...A study on customer perception towards customer relationship management crm p...
A study on customer perception towards customer relationship management crm p...
Ā 
Werdia Leads
Werdia LeadsWerdia Leads
Werdia Leads
Ā 
Ril enliven cem__banking_presentation
Ril enliven cem__banking_presentationRil enliven cem__banking_presentation
Ril enliven cem__banking_presentation
Ā 
Data Quality: A Survival Guide to Marketing
Data Quality: A Survival Guide to MarketingData Quality: A Survival Guide to Marketing
Data Quality: A Survival Guide to Marketing
Ā 
What Customer Relationship Management entails in the 21st Century
What Customer Relationship Management entails in the 21st CenturyWhat Customer Relationship Management entails in the 21st Century
What Customer Relationship Management entails in the 21st Century
Ā 
Comtrade System Integration - Digital Banking in Retail - Customer Engagement
Comtrade System Integration - Digital Banking in Retail - Customer EngagementComtrade System Integration - Digital Banking in Retail - Customer Engagement
Comtrade System Integration - Digital Banking in Retail - Customer Engagement
Ā 

Similar to IMS Point of View - Why You Need an In-Venue Engagement Platform

10 crucial-questions-markeing-intelligence-platform
10 crucial-questions-markeing-intelligence-platform10 crucial-questions-markeing-intelligence-platform
10 crucial-questions-markeing-intelligence-platform
Jim Nichols
Ā 
How To Pick The Best Analytics Tool.pdf
How To Pick The Best Analytics Tool.pdfHow To Pick The Best Analytics Tool.pdf
How To Pick The Best Analytics Tool.pdf
Satawaretechnologies1
Ā 
Cost & benefits of business analytics marshall sponder
Cost & benefits of business analytics marshall sponderCost & benefits of business analytics marshall sponder
Cost & benefits of business analytics marshall sponder
Marshall Sponder
Ā 

Similar to IMS Point of View - Why You Need an In-Venue Engagement Platform (20)

Revenue Operations Analytics: A Strategic Blueprint
Revenue Operations Analytics: A Strategic BlueprintRevenue Operations Analytics: A Strategic Blueprint
Revenue Operations Analytics: A Strategic Blueprint
Ā 
What is (and who needs) a customer data platform?
What is (and who needs) a customer data platform?What is (and who needs) a customer data platform?
What is (and who needs) a customer data platform?
Ā 
Becoming Customer Centric: A Business and IT Roadmap
Becoming Customer Centric: A Business and IT RoadmapBecoming Customer Centric: A Business and IT Roadmap
Becoming Customer Centric: A Business and IT Roadmap
Ā 
Unlocking Growth and Retention Opportunities through Data Democratization.pdf
Unlocking Growth and Retention Opportunities through Data Democratization.pdfUnlocking Growth and Retention Opportunities through Data Democratization.pdf
Unlocking Growth and Retention Opportunities through Data Democratization.pdf
Ā 
Heather Guffins Alliance iTeam Solution
Heather Guffins Alliance iTeam SolutionHeather Guffins Alliance iTeam Solution
Heather Guffins Alliance iTeam Solution
Ā 
Customer data platform with shopify integration .pdf
Customer data platform with shopify integration .pdfCustomer data platform with shopify integration .pdf
Customer data platform with shopify integration .pdf
Ā 
Managing costs-by-leveraging-procurement-info-intelligently
Managing costs-by-leveraging-procurement-info-intelligentlyManaging costs-by-leveraging-procurement-info-intelligently
Managing costs-by-leveraging-procurement-info-intelligently
Ā 
10 crucial-questions-markeing-intelligence-platform
10 crucial-questions-markeing-intelligence-platform10 crucial-questions-markeing-intelligence-platform
10 crucial-questions-markeing-intelligence-platform
Ā 
Connect Marketing to Revenue With Performance Measurement
Connect Marketing to Revenue With Performance MeasurementConnect Marketing to Revenue With Performance Measurement
Connect Marketing to Revenue With Performance Measurement
Ā 
Business Intelligence Industry Perspective Session I
Business Intelligence   Industry Perspective Session IBusiness Intelligence   Industry Perspective Session I
Business Intelligence Industry Perspective Session I
Ā 
Buyer Journey Workshop (Marketing Attribution)
Buyer Journey Workshop (Marketing Attribution)Buyer Journey Workshop (Marketing Attribution)
Buyer Journey Workshop (Marketing Attribution)
Ā 
The Customer Data Platform, the Future of the Marketing Database
The Customer Data Platform, the Future of the Marketing DatabaseThe Customer Data Platform, the Future of the Marketing Database
The Customer Data Platform, the Future of the Marketing Database
Ā 
Data Sheet: Why Your eCommerce Platform Needs CIAM
Data Sheet: Why Your eCommerce Platform Needs CIAMData Sheet: Why Your eCommerce Platform Needs CIAM
Data Sheet: Why Your eCommerce Platform Needs CIAM
Ā 
How To Pick The Best Analytics Tool.pdf
How To Pick The Best Analytics Tool.pdfHow To Pick The Best Analytics Tool.pdf
How To Pick The Best Analytics Tool.pdf
Ā 
Guide to Predictive Lead Scoring
Guide to Predictive Lead ScoringGuide to Predictive Lead Scoring
Guide to Predictive Lead Scoring
Ā 
Guide to Predictive Lead Scoring
Guide to Predictive Lead ScoringGuide to Predictive Lead Scoring
Guide to Predictive Lead Scoring
Ā 
Cost & benefits of business analytics marshall sponder
Cost & benefits of business analytics marshall sponderCost & benefits of business analytics marshall sponder
Cost & benefits of business analytics marshall sponder
Ā 
Adometry Attribute Marketing Analytics
Adometry Attribute Marketing AnalyticsAdometry Attribute Marketing Analytics
Adometry Attribute Marketing Analytics
Ā 
The Value of Data Governance & Performance Measurement
The Value of Data Governance & Performance MeasurementThe Value of Data Governance & Performance Measurement
The Value of Data Governance & Performance Measurement
Ā 
Big Data BizViz Restaurant Analytics
Big Data BizViz Restaurant AnalyticsBig Data BizViz Restaurant Analytics
Big Data BizViz Restaurant Analytics
Ā 

Recently uploaded

Recently uploaded (20)

Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Ā 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
Ā 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
Ā 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
Ā 
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Ā 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Ā 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
Ā 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : Uncertainty
Ā 
Top 10 Most Downloaded Games on Play Store in 2024
Top 10 Most Downloaded Games on Play Store in 2024Top 10 Most Downloaded Games on Play Store in 2024
Top 10 Most Downloaded Games on Play Store in 2024
Ā 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
Ā 
A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?
Ā 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
Ā 
Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
Ā 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
Ā 
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live StreamsTop 5 Benefits OF Using Muvi Live Paywall For Live Streams
Top 5 Benefits OF Using Muvi Live Paywall For Live Streams
Ā 
MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024MINDCTI Revenue Release Quarter One 2024
MINDCTI Revenue Release Quarter One 2024
Ā 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
Ā 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivity
Ā 
HTML Injection Attacks: Impact and Mitigation Strategies
HTML Injection Attacks: Impact and Mitigation StrategiesHTML Injection Attacks: Impact and Mitigation Strategies
HTML Injection Attacks: Impact and Mitigation Strategies
Ā 
Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
Ā 

IMS Point of View - Why You Need an In-Venue Engagement Platform

  • 1. Phone: 1.484.482.1600 Contact Us For More Information WWW.IMS-POS.COM Topic: Why You Need an In-Venue Engagement Platform Overview: As deeper and more relevant Fan-Customer Engagement becomes necessary to drive incremental revenue and affinity, many are looking to existing in-venue silo systems, or one-off, unproven tactics to help with those efforts. IMS believes the only real way to create meaningful in-venue engagement, revenue and affinity is to think ā€œcross-systemā€ and ā€œplatform vs. productā€. Background: As IMS has engaged in numerous discussions with venue, arena and stadium management of all size and manner, we hear continued desire to ā€œknow and understand our customerā€, ā€œimprove the customer experienceā€, and ā€œcreate more engagement to drive more revenueā€. There are multiple levels and areas for engagement through the customer journey. IMS has focused our STADISĀ© engagement platform capabilities around the areas that will have the greatest impact on creating incremental revenue and engagement: ļ‚· Integrating in-venue systems to gain access to real-time cross-system data ļ‚· Using this data to optimize cross-system, revenue-generating engagement ļ‚· Using this engagement to understand the customer journey and item level buying history Visualizing the Benefits (Top-horizontal) and Tactics (Left side-vertical)
  • 2. Phone: 1.484.482.1600 Contact Us For More Information WWW.IMS-POS.COM Detailing the Benefits & Tactics: The first thing youā€™ll notice is we have not listed single or silo system (e.g., ticketing, etc.) benefits. Best of Breed single systems are critical to operational efficiency and effectiveness. Our approach, ā€œbuy best of breed, and integrate for synergy and leverageā€. If you are considering a single, all-in-one system that claims to ā€œdo it allā€, we have one word for you: ā€œBEWAREā€. Weā€™ll be looking at best or breed vs. all-in- one system comparisons in another IMS Point of View Brief in the future. Additionally, there may be tactics that are not listed here, as well as sub-tactics that fall under higher level tactics (e.g., stored value ticketing would fall under STADISĀ© Stored Value). Feel free to call us to discuss where individual tactics may rank out. Letā€™s dig into the benefits and what they are: ļ‚· Cross-System Manual Process Automation: Does the tactic take current manual cross-system processes and automate them? E.g., eliminate the use of coupons, cashier collection of coupons, and back office reconciliation of coupons. Ticketing alone does not do this, thatā€™s why their color is RED. ļ‚· Enables Cross-System ID and Tracking: Does the tactic enable cross-system identification? For example, ticketing would need to work with another system to enable this, but the tactic has the inherent capability to ID and track customers through the scan of the barcode. Notice tactics like BI and Data Warehouse, while enabling cross-system product insight, cannot alone ID and track customers. They need another system or tactic to enable ID and engagement. CRM cannot do this and that is why they are RED. ļ‚· Creates Incremental Pre-Event Cross-System Engagement-Revenue: Our evaluation focuses on whether the tactic can drive engagement and revenue. E.g., the typical loyalty scheme awards points for purchases, but the rewards tend to be post-purchase or post-event. Are there metrics showing incremental pre-event engagement and revenue? Three of the four STADISĀ© areas are guaranteed to drive incremental pre-event revenue with the proper planning. Thus they are GREEN. ļ‚· Creates Incremental In-Event Cross-System Engagement-Revenue: The Loyalty question arises depending on the Loyalty rewards structure and embedded engagement tactics. For example, if rewards are generated for any purchase, the customer may buy F&B only with no retail merchandise. If thereā€™s not mechanism to encourage or mandate cross-system engagement, they would fail against this benchmark. Thatā€™s why Loyalty is a YELLOW. Again, our benchmark is cross-system. If desired, STADISĀ© capabilities can structured to mandate or encourage x-system engagement-revenue. Thus, why theyā€™re GREEN. ļ‚· Creates Incremental Post-Event Cross-System Engagement-Revenue: Loyalty may accomplish this if there are post event engagement rewards options. This may encourage incremental revenue as well. Some would expect that Marketing Automation and CRM could create this, but what is the mechanism for cross-system revenue generation and fulfillment?
  • 3. Phone: 1.484.482.1600 Contact Us For More Information WWW.IMS-POS.COM ļ‚· Creates Incremental In-Event Real-Time Cross-System Rewards-Revenue: Delivering rewards in real time based on customerā€™s cross-system behavior is the new standard of rewards engagement. If your desire is to surprise and delight your customer with the unexpected, this capability is a must. STADISĀ© real-time rewards uses trigger and progressive rewards (single or cross system) to drive incremental engagement and revenue while the fan-customer is still in venue. ļ‚· Creates Incremental Cross-System Customer Insight and Knowledge: IMSā€™s standard involves the ability to capture customer cross-system engagement and purchase activity down to the receipt item level. STADISĀ© captures all customer-item level activity when tendered with-through a customer ID. If BI and Data Warehouse donā€™t ID the customer and have an automated method of engagement and tracking all receipt activity, they canā€™t do this (Thus YELLOW). If Loyalty only tracks dollars spent, they canā€™t do this. If Beacons only act as a location based coupon delivery mechanism, they canā€™t do this. ļ‚· Creates Incremental Cross-System Product Insight and Knowledge: This is where BI, Data Warehouse, etc. excel (Thus GREEN). Through the integration of various systems, product related activity can be viewed through a single lens. STADISĀ© tactics are road-mapped to provide this insight in the near future (Thus YELLOW). What Should Drive Your Selection Process? 1. How are you thinking about changing your interactions and engagement process with your fans- customers? a. What type of engagement activities are your drivers? i. Revenue generating engagements? ii. Engagements that are one or more steps removed from increasing revenue (e.g., social engagement)? b. What will success look like, short and long term? c. What types of metrics do you need to measure success? 2. Do the Engagement tactics and platform you are evaluating have completed integrations, or ease of integration with your primary revenue generating systems? a. What is the depth of integration? b. How is data accessible? i. Item-level data available in-transaction? ii. Charge data available in-transaction and item data post transaction? iii. Charge data only? 3. What is the platformā€™s experience in the venue space and familiarity with venue systems? 4. Does the platform allow for a managed, scalable, fast and flexible implementation?
  • 4. Phone: 1.484.482.1600 Contact Us For More Information WWW.IMS-POS.COM Summary: The STADISĀ© Engagement Platform provides major engagement categories including: ļ‚· Using any type of fan-customer identifier (e.g., ticket barcode, magstripe, rfid band or card, etc.) ļ‚· Item level, time based, location based, and either/or (pick one), category, sub-category, time and location engagement and promotion set-up ļ‚· Real time trigger-based and progressive rewards at any of the levels described above ļ‚· Stored Value on multiple tactics (e.g., ticket, employee meals, VIPs, Gift Cards, web-based portal, etc.) Any of these engagement activities can be deployed as stand-alone tactics-subscriptions or as a platform. Of course, all engagement activity down to the receipt item purchase is tracked at the customer level in real time. Reporting on any of the above uses and other KPIs can be created through any number of Business Intelligence tools STADISĀ© utilizes, including STADISĀ© Insights Powered by IBM Cognos.