Creative Segmentation and Messaging Drive Sales
Filling small units in aging communities through targeted consumer segmentation and customized campaigns.
Challenge
Three Life Plan Communities—each with a slew of small, 520-square-foot one-bedroom units—faced a significant challenge: filling these less desirable units in an extremely competitive market. With other communities offering more appealing contract types and larger rental options, the target audience, living in larger homes, was reluctant to downsize to these smaller spaces. The communities were also undergoing renovations, which further complicated the sales process.
The Game Plan
ADage Marketing Group developed a targeted marketing strategy by focusing on resonant messaging and consumer segmentation. Key actions included:
- Attitudinal Research & Segmentation: Conducted thorough market research to identify prospects most likely to consider downsizing and developed tailored messaging for different segments, focusing on affordability, campus amenities, and lifestyle.
- Customized Creative Campaigns: Designed direct marketing campaigns for each Life Plan Community, ensuring that messaging resonated with the unique characteristics of each segment.
- Lifestyle-Focused Media: Supported the marketing initiatives with a lifestyle-centric paid media plan to raise awareness and drive traffic.
- Sales Training Support: Enhanced the sales team’s discovery process with reinforced training, enabling them to better identify and communicate with prospects.
- CRM Data Utilization: Monitored lead data trends to continually adjust and refine the strategy.
Creative Implementation
ADage’s strategy centered around positioning the communities not as the most affordable or newest, but as offering a meaningful lifestyle at a great value. Solutions implemented included:
- Targeted Direct Mail Campaigns: Refined direct mail lists to focus on financially qualified single individuals and couples who could afford the smaller units. Lists were narrowed based on income, net worth, and geography, ensuring the most relevant audience.
- Varied Calls to Action: Created multiple engaging ways to connect with the community, such as “Staycation” events, transition coordinator consultations, and on-campus “Passport” programs that allowed prospects to experience the lifestyle firsthand.
- Integrated Marketing Approach: Presented the three communities as a cohesive offering while allowing prospects to choose based on personal preferences.
Results & Impact
ADage’s strategic marketing plan delivered measurable success for the communities:
- Doubled New Leads Year-over-Year: The targeted marketing efforts resulted in a doubling of new leads, with significant interest in the smaller units.
- High Conversion Rates for Targeted Units: The targeted one-bedroom units represented a substantial portion of total annual sales, indicating the effectiveness of the tailored messaging.
Summary
ADage Marketing Group developed a targeted marketing strategy to help three Life Plan Communities fill their smaller, less desirable units by focusing on attitudinal research and customized messaging. Through direct mail campaigns, lifestyle-focused media, and sales training, they effectively positioned the communities as offering a meaningful lifestyle at a great value. The result was a doubling of new leads year-over-year and high conversion rates for the previously hard-to-sell units.
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