Franchise Update Magazine Issue III, 2013 | Page 28

Grow Market Lead Erik Qualman, keynote speaker Kelly McDonald, keynote speaker find ways to prove its ROI (marketers: think AUV!). Social media keynote nails it Social media is one topic that continues to dominate franchise marketing discussions. And that’s right up Erik Qualman’s alley. Qualman, author of best-sellers Socialnomics, Digital Leader, and Crisis, regularly addresses groups on Gen Y motivation, digital leadership, digital media, and future trends. He spoke about the power of social media and used catch phrases like “word of mouth is now world of mouth” to make his points; and about how news travels fast online, so to be successful in this social era, companies must “react to their customers quickly by listening, interacting, reacting, and selling.” He presented some great ideas and entertaining video examples of how companies can use social media to address mistakes (he called it being “flawsome”) to “find the silver lining underneath.” Filled with big picture thoughts, social media statistics, and a long list of new online technologies and companies, attendees headed out to the first breakout sessions, with one last thought from Qualman dancing in their heads: “Disruption will happen, so you might as well be the disrupter.” 26 Franchiseupdate Iss u e III, 2 0 1 3 Breakout sessions, Round 1 These rotating sessions, featuring different panelists each time, centered around four basic tracks: CRM; franchisee buy-in, delivery, and results; marketing execution strategy; and brand development and rejuvenation. Discussions and topics included tools and strategies to acquire and retain customers, empowering franchisees to enhance their marketing mix, harnessing and measuring word of mouth, and the CMO as transformational change agent. Next up was an unusual general session called “Brand Building from All Sides,” featuring five Jersey Mike’s executives (president, COO, CIO, CDO, and CMO), and one of their area developer franchisees. In a free-ranging discussion, they spoke about breaking down silos, the power of the brand name, and the importance of working together on building the system. “We all try to think with the end in mind—revenue growth and unit profitability for the stores,” said Hoyt Jones, company president. “That’s the foundation of everything we think about.” They also discussed how their home-grown POS system ties everything together, from measuring food and labor costs to the brand’s CRM system and loyalty program. Day One was capped off by a welcome reception in the Sponsor Networking Gallery. Day Two: demographics rule Picking up right where the previous day left off, attendees gathered for breakfast and more conversation in the Networking Gallery. Keynote speaker Kelly McDonald, a marketing and demographics expert, woke everyone up even more with a dynamic, energetic talk on… demographics. Acknowledging how often eyes glaze over at the mere mention of the word, she said, “If I were you and were developing relevant, targeted marketing plans, I’d want to know this stuff”—and proceeded to make that “stuff” interesting and relevant. She began by asserting that America is no longer a melting pot, but a “salad bowl,” where immigrants are not assimilating as they have in the past, but are working to be Americans and retain their cultural identities and customs. This, of course, presents a challenge for marketers and brands, especially older, whiter ones. She noted that across every major market in the country, the majority of the population is non-white, and that, nationwide, whites will be a minority by 2041. The