Funlab increases guest lifetime value by 28%
See how the company behind brands such as Strike and Holey Moley drives engagement and growth.
About the Company
The Challenge
Siloed channels and data limit efficiency and opportunities to grow engagement.
Funlab’s first brand and venue, Strike, launched twenty-two years ago in Melbourne. The company has since expanded to operate 53 locations in three countries and has big ambitions for continued growth. These include plans for US expansion, an increase in event function sales, and a new precinct model that will provide its guests with worlds of fun.
To deliver on its goals, the company had to digitally transform. Siloed channels and data created inefficiencies and limited Funlab’s ability to personalise communication and experiences. For example, when sending out emails for Valentine’s Day or a special event, the team had to manually create separate emails for each of its brands and different segments, resulting in many more email versions to be personalised and countless more hours spent on the production of emails.
Additionally, guest-facing team members lacked visibility into guests’ previous interactions or bookings, making it difficult to personalise their experience.
Without a 360-degree view of guests, Funlab also lacked the depth of insight needed to deepen relationships.
How Salesforce Helps
Salesforce optimises total experience for guests and employees.
Funlab’s transformation has focused on optimising the total experience of its brand, making it seamless for guests and employees.
Sales, service, and marketing, as well as teams within Funlab’s venues, are now connected on Salesforce with a shared 360-degree view of guests. Empowered with new insights and automation, they can deliver more frictionless and personalised guest experiences.
The value of the transformation is most visible within marketing. The team now has a solid data foundation to better understand guests and personalise their experiences. This includes booking and targeting data that previously had to be uploaded manually.
Funlab has maximised the value of this data by using Marketing Cloud to build automated guest lifecycle journeys across all its brands and to accelerate engagement with cross-brand and retention strategies.
Emails and campaigns are also more effective, with real-time engagement data from Marketing Cloud Intelligence helping to optimise performance.
Marketing efficiency has improved, too, with features like dynamic content, allowing the team to quickly tailor emails for each segment, brand, and region.
Results include 140% year-on-year growth in email performance, contributing to 30% increase in active guests and a 28% average increase in guest lifetime value. Process efficiency has also improved by 50%.
The planned adoption of Marketing Cloud Personalisation and new attitudinal segmentation will further maximise engagement and multiply these results.
Funlab
Connected data and platforms drive automated, consistent guest experiences.
Funlab has connected Salesforce with its booking platform to support the growth of its functions category. The company has also streamlined the process to provide guests with a seamless, consistent experience, whether they book online or over the phone.
Booking data flows into Sales Cloud, providing sales, service, and venue teams with a centralised view of functions to which they can add any notes or guest requests. Sales Cloud also triggers automated communications such as booking confirmations and reminders.
The streamlined processes improve the guest experience and make managing functions much more scalable, helping Funlab drive continued growth in this area.
Service transforms from good to great with the help of AI.
Funlab