Franchise Update Magazine Issue I, 2012 | Page 37

CMO roundtable a campaign has the ability to run more effectively. Jodi Boyce, Camp Bow Wow Senior Director of Marketing We know from experience that if we don’t have franchisee buy-in on a marketing program or promotion, the execution will fail and we won’t get the results we want. Our marketing strategies are based on the business goals set by our corporate team, but for 2012 we looked only at marketing programs that require little or even no active participation by the local franchisees for the promotion to be a success. Although it’s difficult to satisfy every franchisee, we feel that our new direction of optional participation marketing programs will satisfy the majority. Optional participation, however, refers only to the amount of local promotion the franchi- see is required to do. It does not excuse them from honoring the rules, offers, and program parameters that we set. They are part of the national promotion even if they don’t have to do much other than know the details, and can reap the benefits of the national campaign with little or no effort on their part, apart from their marketing ad fund contribution. However, for those who want to participate further, we do provide all the local marketing materials, tools designed to enhance the results in their market. But the national promotion and results will not rely on them. In 2011, we ran a promotion called the Furry Fitness Challenge, where pets and their owners had to lose weight together and the team with the greatest combined percentage of weight loss won. It was very involved and required a lot of work on the franchisees’ part, including scale rentals, partnerships with local vets, database management, and more. We got a ton of PR exposure from the promotion. However, the franchisees and corporate team agreed that this particular promotion relied too heavily on franchisee participation. For 2012, we are launching a contest called Bad to the Bone—the search for America’s worst-behaved dog. Although all the same business strategies apply, the major component taken into consideration when planning this was for our franchisees not to have to actively contribute in order to participate. So far, their comments have been positive, and those who want to promote more to their customers and local market are doing their part and we are providing the tools. So although our business goals will ultimately outweigh factoring in franchisee satisfaction, we are aware that it’s a vital part of the planning process if we want the programs and promotions we create to be successful. n 2012 AFDR NOW AVAILABLE! The 2012 Annual Franchise Development Report (AFDR) delivers data from 110 franchisors with 109,936 units, with responses organized by industry, unit investment, systemwide sales, and more. Each year, the AFDR provides franchisors with the ideal tool for digging deeper into their own development practices, benchmarking their sales and recruitment budgets against their own industry categories, and setting goals and budgets for the coming year. The report also includes research into online recruitment practices. The AFDR, the only sales and lead generation benchmark report available in franchising, identifies industry sales trends and top lead generation sources for meeting your sales goals. For example: n Are your closing ratios in line with your industry and investment level? n Is your online spending paying off? How do you know? n Are your brokers delivering—and is their price per deal too high? n What conversion rates should you expect from your website? n Some franchisors are exceeding their sales goals. What are they doing differently from those falling below their goals? n How does your sales budget compare with those of other concepts in your market? n Social media: How are franchisors using it to recruit candidates? The 2012 AFDR is packed with timely information and benchmarking data that can help your franchise system grow faster and close more deals—while saving thousands in cost per sale. Based on in-depth interviews with 110 franchise organizations actively expanding their franchise systems, this thoroughly researched report reveals the franchise success drivers that are sure to boost the output of your sales department. Packed with the most comprehensive sales and lead generation data in franchising, the 2012 AFDR is a must-buy selling tool for franchisors, development consultants, and advertising and marketing suppliers. The AFDR is ideal for benchmarking and building budgets and media plans. The complete report, with analysis and benchmarks, is available for $399 ($299 before 12/31). For ordering information, call Sharon Wilkinson at 800-289-4232 x202 or sales@ franchiseupdatemedia.com, or go to www.franchising.com/ franchisors/afdr.html. Franchiseupdate I ssue I , 2012  35