Strategies to Capture Your Primary Jewish Target Market in a Competitive Environment Presented by: Faith Ott, President Malissa Illiano, MBA, Director of Market Research Is Your Jewish Market Share Shrinking? • Your Jewish market is not going away… They’re choosing your competition! • COMPETE for their business • Figure out why they aren’t considering you • Develop a plan on how to target them Doing Your Research • Know your competitors and what they offer • Understand their benefits and approach to sales, not just their rates • Hire mystery shoppers to get a more “true” picture • Compile a SWOT Analysis and include an honest assessment of your community Doing Your Research: Consumer Research • Demographic data • Services needs and preferences • Evolving attitudes • Areas of opportunity in your market Doing Your Research: Consumer Surveys • Surveys are a great tool! • Increase awareness while gaining valuable feedback • Can be mailed or emailed – and accessed through your website Rethinking Your Approach: Where the Rubber Hits the Road • No more waiting for them to come to you… • Need to pro-actively and aggressively reach out to them! • Rethink all aspects of marketing to capture this group Assessing Your Brand & Messaging • What does your brand stand for? • Do you have a clear brand message and essence? • What do your customers think of when they hear your name? Assessing Your Brand & Messaging • Are you aware of and responsive to the Jewish market’s current and evolving needs and preferences? • What are their key issues? • How do they view you relative to your competition? Assessing Your Brand & Messaging • Develop a consistent message and communications plan • Make sure your message and image is clear and succinct for everyone! • • • • • • • Team members Board Residents and families Potential customers Donors Referral sources Jewish community at large Strategies that Work: Targeted Marketing • Consider your message for all forms of communication and marketing • Speak directly to each audience! • • • • Jewish seniors Adult children Key referral sources Donors Strategies that Work: Digital Marketing • Focus on increasing the reach and visibility of your organization to the Jewish population First Think About Your Website • Visual design and brand • Structural elements to increase conversion • • • • Newsletter sign-ups Event registrations Downloadable collaterals Requests for information Key Components of Digital Marketing • Blogging • THE most important first step to social media marketing • Developed within your website for best optimization • Regularly blog about Jewish-focused topics • Know what your target is searching for and blog about those topics Key Components of Digital Marketing • Email Marketing • Eblasts for event invites, newsletters, etc. • Lists can be purchased • Use an opt-in option on your website to help build your email database Key Components of Digital Marketing • Social Media Marketing • Can be synced to your blog to eliminate the need for multiple posts, etc. • Create a YouTube Channel and upload all videos, linked out from your website • Ensure that a staff member is regularly monitoring activity on your social media sites The New Word-of-Mouth • Word-of-mouth is now instantaneous and magnified in our “shareable” e-world Strategies that Work: Outreach Efforts • Market to your constituencies • Include them on targeted marketing efforts • Connect with them digitally • Find ways to work together so you both benefit! Strategies That Work: Public Relations • Share your stories! • Position yourself as the Jewish resource in the market • Partner with constituencies for a stronger message Case Study: Strategic Repositioning for Growth Jewish Home Life Communities • Formerly the William Breman Jewish Home • • • • • • • • The William Breman Jewish Home Aviv Rehabilitation Center The Cohen Home The Zaban Tower The One Group, LLC Weinstein Hospice Meyer Balser NORC Berman Commons Case Study: Strategy & Approach Jewish Home Life Communities • Evaluation of marketing, advertising and lead generation efforts • Market position and messaging evaluation • Website and online marketing assessment • Competitor analysis via in-market mystery shops • Development of strategic brand enhancement strategy and plan Case Study: Rebranding for Strategic Growth Jewish Association on Aging • Pittsburgh-based Jewish elder care organization • Continuum of care offering services for seniors • • • • • • • • Hospice and palliative care Adult Day services Home health services Residential services Outpatient rehabilitation Kosher meals on wheels Alzheimer’s and dementia care Skilled nursing and rehabilitation • Recognized their organization needed a brand that would better position them for future growth and better represent their broader scope of services Case Study: Strategy & Approach Jewish Association on Aging • Brand awareness survey • Assessment of current brand • Strategy planning session with brand committee • Development of new brand and positioning recommendations • Development of strategic brand implementation plan • Development of strategic business growth plan Your Future Growth is in Your Hands • • • • • • • • • Do your research Rethink your approach Assess your brand and messaging Develop a targeted marketing plan Enhance your website Develop a digital marketing strategy Revive your outreach efforts Tell your story And most importantly… integrate all efforts and have a committed focus! Thank You! www.sageagestrategies.com