Category: sales

Many people thought it would take senior living years and years to recover from the COVID-19 virus. But this May, Varsity’s Sales & Marketing Roundtable participants were feeling resounding optimism! Their positive experiences with leads and move-ins are echoed in communities across the country, as we found through a presentation by Lana Peck of the National Investment Center for Seniors Housing & Care (NIC) in our last roundtable of the month, where she shared statistics about the  state of senior living.

Here are 10 takeaways from this month’s roundtable:

1. Momentum is positive. Leads and move-ins are on the upswing. One participant in New Jersey said, “We have a small memory care wait list, which we haven’t seen since the pandemic started!” Another participant in Arkansas said, “Tours are way up. Leads are coming in strong.” From Pennsylvania, the news was, “IL is booming. Our small carriage home project is going well with 15 of 16 reserved.” And from Washington state: “We’re also super busy moving in people. There’s so much going on, our sales team can’t even keep up with it.”
2. Staffing issues are still challenging. One participant said, “We are definitely having challenges. We used to struggle with nursing positions, but now it’s across all departments. We’ve been offering between $2,000 and $5,000 [as a] signing bonus. Another community shared a tip: “We held our Drive-In Career Fair yesterday and had 27 candidates show up.”
3. The hot housing market helps. “The housing market is really hot and there are not enough houses, removing the challenge of selling your home,” said one participant from Illinois.
4. People are “Zoomed out.” But that’s OK, since in-person events, especially outdoors, are back! “The turnout for in-person events has been strong and there’s a lot of interest,” said one participant.
5. Mask updates are confusing. “Some of our campus is under one set of guidelines and some is under another set of guidelines,” said one attendee in Washington state. “It’s really confusing. We’re developing bullets to outline what our residents can and can’t do, depending on what buildings they are going in and out of.”
6. Communities have to get used to holding in-person events again. “We had our first in-person event yesterday after a year and three months,” said one marketer. “It went OK — you forget things like putting pens and pads on tables — it’s been a long time! It was very well received. We just had some minor hiccups and need to remind ourselves of how to do in-person events again.”
7. More team members are getting vaccinated. “Our staff is showing more interest in getting vaccinated and we’re at 66% right now. We think they are feeling more comfortable now that they’ve seen [that] others haven’t had negative reactions,” said one participant. Other communities are providing cash incentives and not requiring weekly tests if employees are vaccinated. One community even created videos of staff members explaining why it’s a good idea to get the vaccine. “It helped get us over 70%,” the participant said.
8. There’s a lot of buzz around mandating the vaccine. There’s a desire to mandate the vaccine, and some communities have started to do this, but our prediction is that we’ll be hearing much more about this, especially the legal implications.
9. It’s a struggle to re-engage residents. As discussed on a call with LeadingAge D.C., there’s a current struggle in getting Memory Care residents to re-engage because they’ve been in their rooms for 14 months.
10. Move-ins are trending higher. Findings presented by Lana Peck of NIC back up participant experiences: Across all three levels of care, move-ins are up, move-outs are down, and traffic and leads are strong. Details below.

NIC Executive Survey Insights with Lana Peck

• Lana Peck, Senior Principal from the National Investment Center for Seniors Housing & Care (NIC), attended the roundtable and shared insights from the latest wave of NIC’s Executive Survey.
  • A few high points:
    • Nursing care occupancy fell more than IL and AL — 12.5 points vs. 8.7 points. Senior housing declined 8.7 points over the course of the pandemic; that includes IL and AL. Nursing care fell the most, by 12.5 points. So, COVID-19 hit nursing properties especially hard.
    • Vaccinations have fallen off — right now, they are at 90% for residents and about 65% for employees.
    • A smaller share of properties have 90% or more occupancy — only 24% in the first quarter of 2021 versus 54% in the first quarter of 2020.
  • On the bright side:
    • An acceleration in the pace of move-ins is clearly trending, and the pace of move-outs is either staying the same or decelerating.
    • In March, we may have reached an inflection point in occupancy.
    • In IL, 56% of communities said they have seen an increase in occupancy.
    • Lead volume is increasing. Encouragingly, we’re seeing a growing number of organizations reaching lead volumes at pre-pandemic levels.
    • Rent discounts, free rent and rent freezes have been increasingly used as incentives to boost occupancy. Most of the C-suite operators and owners who were questioned believe that occupancy will reach pre-pandemic levels in a year or two.

See more details of Wave 28 of the NIC survey here.

We hope that move-ins, reopenings and vaccination rates continue to rise in June. Look for the next monthly recap of our roundtable discussions in your inbox.

Until then, please be sure to join our weekly Sales & Marketing Roundtable on Thursdays at noon ET and 11 a.m. CT.

For login information, email DDunham@varsitybranding.com.

 

 

The month started out on a hopeful tone, with some hesitancy mid-month, but in general, April seems to have ended quite positively for most participants of Varsity’s weekly roundtables! Restrictions have generally eased, although this varies from state to state. Many marketers are talking about a spike in leads, and a lot of success with more tours and people ready to make a move. People are indicating that they are “feeling good or great.”

Here are seven takeaways from our April roundtables:

1. Sales are up. Way up.

Contrary to prior months when “people just weren’t ready,” the dam is breaking. Some positive words from our participants:

“We had a good month in IL and sold eight homes. There’s been so much pent-up demand, and people are ready to get out and ready to move, although spring is typically the busiest time. The real estate market is great. All of those things combined have contributed to a great month.”

“We’re doing better than we have in months for tours and move-ins.”

“The last few deposits I’ve received have been pretty quick. People have been thinking about it for a while and are ready to make a decision.”

2. Digital is hotter than ever.

One marketer shared, “A majority of leads are coming from the internet and family referrals. Really the online space is what’s driving the most traffic.”

According to another participant, “We’ve been super busy with a lot more leads (especially email leads). We do a lot of digital ads, which direct people to our website to fill out a form. We also get a lot of requests through our autochat.” Another participant shared the love for online marketing, saying, “We have that constant flow to the website. It’s been a nice flow in light of us not making a huge effort.”

3. Outdoor events are popular, with virtual still in the mix.

One community hosted an outdoor Earth Day event. “It’s a grab-and-go event, and the purpose of it is to get people to step on our property, get a goodie bag and say hello,” the participant explained. Another community is focusing on virtual seminars: “We had 14 people join the first one (on incontinence, promoting our short-term rehab offering) and it went really well. Tonight’s webinar is a food demo (brownies with blood orange-infused olive oil).”

4. Staging is selling.

Many communities find staging to be a tried-and-true, but highly effective, tool that sells units faster.

“We have a flat rate with someone local who does our staging, and these apartments always go quickly when people see what she’s done,” said one participant. Another community calls the area where future residents can select their finishes their “Design Center.” New residents can pick paint colors, finishes, flooring, etc. Another participant also referenced the staging of AL apartments as a marketing tactic.

5. Marketing AL to IL residents is working.

Some communities are finding that their best customers for AL are already living on campus in IL.

“We actually did an open house with our IL residents to showcase AL,” one marketer said. “We had four AL residents show their apartments, so residents can see what it looks like living in an AL residence. Another community had a different tactic: “Moving forward, I would consider inviting the IL family members to our next open house to showcase AL.”

6. There are almost too many CRM choices.

Marketers have a bewildering number of choices in Customer Relationship Management systems (CRMs), with a wide array of high-tech bells and whistles. One participant said, “We use Enquire and have for a little over a year. It has a marketing automation platform called MAP that we’re in the process of implementing now. It looks like a very robust platform.” Another marketer commented, “We use MatrixCare Marketing for everything. It’s a good system.” Other communities referenced using Sherpa, SharpSpring, Mailchimp, RHS, HubSpot and Yardi.

7. Staffing issues are rampant.

Staffing in senior living has always been a challenge, but in the post-COVID environment, the competition for team members is even more competitive. One participant said, “As we’re staffing up our new building, literally no one has applied for housekeeping.” Another marketer commented, “We’ve hired a few people, but within a week or two they get paid more somewhere else. We’re having a hard time with the pay scale. They just don’t stay.”

One community has found a solution: “We’ve offered a signing bonus with a time limit, so we know that we will at least keep them until that bonus.” Another participant, who is having a particularly hard time filling CNA positions, said, “We started our own CNA school and do all of the training at our community, which has helped a lot.”

Here’s hoping May is filled with more good news, from reopenings to move-ins! Look for our next recap of our roundtable discussions in your inbox.

Until then, please be sure to join our weekly Sales & Marketing Roundtable on Thursdays at noon ET and 11 a.m. CT.

For login information, email DDunham@varsitybranding.com.

 

 

At our 2nd monthly Continuing Care at Home Roundtable, we all shared our ideas about generating leads, cross-promoting community living and overcoming objections.

Check out the highlights below, and feel free to join us for our next roundtable discussion in April.

Please join our next Continuing Care at Home Roundtable on Wednesday, April 7, at noon ET.

For login information, email DDunham@VarsityBranding.com.

 

At our 46th Sales & Marketing Roundtable, professionals around the country shared the latest news at their communities: Virtually all residents are getting the vaccine, families are impatient with CMS regulations, and prospects are slowly opening up to the idea of a move.

Please check out the recap below, and join us for our next roundtable this week.

Please join our next roundtable discussion on Thursday, March 4, at noon ET. For login information, please email DDunham@VarsityBranding.com.

During our 45th weekly Sales & Marketing Roundtable, we heard positive news: The vaccine is working, cases are down and marketers are feeling optimistic overall, although they’re adjusting sales goals because of the pandemic.

Check out the recap below, and please join us for our next virtual discussion this week.

Please join our next roundtable discussion on Thursday, February 25, at noon ET

For login information, please email DDunham@varsitybranding.com.

 

 

During our weekly Sales & Marketing Roundtable, communities shared how they are struggling to manage family and resident expectations amidst shifting state and national quarantine policies.

Check out the highlights below, and please join us for our next virtual lunchtime session this week.

Please join our next roundtable discussion on Thursday, February 18, at noon ET.

For login information, email DDunham@varsitybranding.com.

 

 

 

During our 43rd Sales & Marketing Roundtable, participants from California to New Jersey shared tips for getting employees to take the vaccine, lead generation tactics and hopes for reopening.

Get the roundtable recap below, and please join us for our next 30-minute virtual lunchtime meeting this week.

Please join our next roundtable discussion on Thursday, February 11, at noon ET.

For login information, please contact DDunham@varsitybranding.com.

Last Wednesday, we held our first monthly virtual Continuing Care at Home Roundtable! A group of professionals from across the country pooled their knowledge and shared sales and marketing tactics that are succeeding during COVID-19.

Please join us for our next Continuing Care at Home Roundtable on Wednesday, March 3, 2021, at noon ET.

For login information, email DDunham@varsitybranding.com. 

At our first sales & marketing roundtable of the new year, communities discussed the exciting news of the COVID-19 vaccine and shared tips for virtual events and video floor plans.

 

Please join our next roundtable discussion on Thursday, January 14, 2021, at noon ET.

For login information, please contact DDunham@VarsityBranding.com.

I’m Renee Kelly, and I’m an art director at Varsity. I design all kinds of  advertising for Varsity’s clients — including the blogs for the weekly COVID-19 sales & marketing roundtables. Attending the roundtables has impacted my point of view on the pandemic: I’ve seen up-close its effects on communities, staff and vulnerable residents. For me, the last 9+ months of roundtables have become an unofficial timeline of the COVID-19 crisis in our industry.

When the pandemic first hit, there were so many unknowns. We didn’t know how bad it would get, or how much it would impact seniors. Marketing came to a halt when everyone quickly realized that the traditional tools like tours and in-person events wouldn’t work. The focus shifted to be less on occupancy and more on keeping residents safe and healthy. At Varsity, we also had to quickly shift our focus to better suit our clients’ changing needs.

One thing that struck me from early on were concerns about isolation, especially for residents in memory care. One quote:

WEEK 3: “Those with cognitive impairment don’t understand the situation and feel that they are being punished in their rooms.”

That was specifically the quote that hit me the hardest, and has stuck with me over the last nine months.

Soon after that, communities started reporting their first cases in residents and staff:

WEEK 4: “We have our first positive case and we are working with Varsity on a communications plan.”

Through all of the uncertainty, communities (even competitors) were working together. A community on the West Coast and a community on the East Coast even planned to connect after one call to discuss a shared challenge.

We gradually got into the groove of the “new normal” and communities started to plan virtual events. At a little over three months, we realized we were probably in it for the long haul.

WEEK 14: “There is no ‘end of COVID’ that we can see.”

The issue of family, and how to safely visit, came up time and time again. From drive-by visits to video calls, communities tried everything.

WEEK 22: “Residents are lonely and want to be around family.”

The next few weeks added additional stresses to 2020.

WEEK 26: “We’re discouraged — now we have fires! One of the fires is cutting off the entrance of our new community, so people can’t visit.”

COVID-19 had crept into a few of the communities of those on the calls.

WEEK 34: “I feel blessed and fortunate. We’ve only had 6 cases, 5 of which were employees. Cases are going up around us, but we’ve managed to stay safe.”

We were hearing a broad range of emotions. People wanted to be optimistic, but were fearful of letting down their guard. And, as communities found creative ways of reaching seniors who were feeling isolated at home, occupancy began to rise.

WEEK 35: “We’ve sold four apartments in October due to concessions offered, eight since we started the concessions at the end of August.”

Where are we now? In many states, the numbers are going in the wrong direction.

WEEK 36: “We were so proud that we kept COVID-19 out of here until this last week. It’s having a whole new impact on us.”

But communities are feeling hopeful as the vaccine has received approval.

 WEEK 37: “We’re hoping that a vaccine can help us turn the corner.”

During the COVID-19 pandemic, I feel that Varsity’s roundtables have given communities a place to come together to share ideas, successes and concerns, or just vent. And the emails and survey responses people have sent seem to confirm that:

“Appreciate you and the Varsity team taking the time to coordinate these calls and share with all of us!”

“Thank you for setting up these very informative roundtable discussions. We will be applying much of what you have recapped.”

“I greatly appreciate the communication and listening to peers facing the same challenges.”

“Thank you for hosting this. Got some great ideas that I hope we can implement with the city on Safer at Home order. Nice to learn what other communities are doing.”

“This roundtable has grown into a staple for these times and I think that everyone is enjoying the opportunity to share and learn.”  

“I am buoyed by reading the notes from the meetings knowing we are all in this together.

Personally, the roundtables have had far more of an impact on me emotionally than I thought they would, and I’ve put that emotion behind the work we’re doing. With everything that our clients are now facing, I’m proud that Varsity is part of the ongoing solution. I know that my co-workers at Varsity feel similarly.

Here’s to a new year filled with happy news, and we hope you can join the conversation as we continue our roundtables in 2021. To join us on Thursdays at noon ET, email DDunham@VarsityBranding.com for login information.