Uncategorized Archives – Page 5 of 10 – Varsity Branding

Category: Uncategorized

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 of March marked the one-year anniversary of COVID shutting down workplaces and businesses, as well as the one-year anniversary of our Sales & Marketing Roundtable discussions.

During this month’s virtual discussions, the takeaways were different — depending on the part of the country — but we found some common themes.

One theme that frequently came up was the anxiety senior living marketers feel heading into the post-pandemic era. Communities are all moving from the uncertainty of not knowing what life is going to hold during the pandemic to not knowing how things are going to change as they get back to business in this new landscape. One quote from a participant summed up the feelings of many: “The uncertainty of the past year has played out in this field also. Some days it feels hopeful and some days it’s crazy.”

A roller coaster of emotions

Another marketer echoed the ups and downs of feelings (and leads), saying: “It’s surges and lulls. We get a lot of leads at once and then it slows down. I’m seeing peaks and valleys. People are coming out of their shells, and want to make decisions and move forward. They are being  cautious and thoughtful to make sure they have all the answers to their questions. There’s more hand-holding than before. The closing time is definitely longer and requires more personal time and visits. People want to feel good about their decision.”

The good news is that, now that many residents and team members have been vaccinated, communities are starting to open up parts of their campuses, particularly dining areas. “I’m excited about opening communal dining,” said one participant. “This will be full capacity, and we’ll be able to serve everyone at one seating.”

Another marketer echoed the positive feelings that come with reopening dining, commenting, “It’s so nice to walk by the dining room and see happy residents.”

Reopenings spark marketing opportunities

As dining, tours and activities open, so do marketing possibilities. One participant shared: “Our staff is going through the database to reach out to those who said they wanted to wait until IL dining and common areas were opened up.”

Planning has also been underway at many communities to determine how to market events and tours, now that visitors are starting to be allowed on-site. “Our marketing plan calls for the first in-person event in July, but who knows,” said one participant. “The big word right now is ‘agility.’ Things change every week.”

Even masks may, at some point, be a thing of the past. “The governor announced in Ohio that once our infection rate goes down for two weeks running, we can do away with masks,” commented one participant.

But things are still in a constant state of flux — although, to put things in perspective, the marketing landscape is much better than this time last year. “Last year, the plan went out the window completely,” said one participant. “This year, at least we’ll have a plan that will be fluid.”

Government guidelines cause frustration

Throughout the month, some confusion occurred around the CDC guidelines, and many resident family members continue to be frustrated at the no-visit rules, even when both parties have been vaccinated.

“People are confused and it’s making things harder before they will get easier,” said one community marketer. “If I were a family member or a resident, I’d be beside myself.”

Another negative was that assisted living is in a decline at some communities, although independent living seems to be doing well, according to several participants.

“IL has been going really well,” said one marketer. “We sold our last two high-end apartments, three garden apartments and many others. All four IL areas are pretty much full. SNF is at 50%. AL is also not doing well. Our digital team is saying that people aren’t searching for AL anymore and that the search is really down. We’re not sure how we’ll fill these areas.”

But, overall, communities are feeling optimistic, as prospects who were staying home begin to venture out.  “Last week, we had four sales, which we attribute to pent-up demand,” one participant said. “People can now come into the community for a full tour and to meet residents.”

Here’s to even more positive news in April! Stay tuned for our next monthly recap of our roundtable discussions.

As always, you are welcome to join our Sales & Marketing Roundtable on Thursdays at noon ET and 11 a.m. CT.

For login information, email DDunham@varsitybranding.com.

 

 

At our 41st weekly sales and marketing roundtable, the mood was on the upswing as the vaccine gave inquiries and sales at communities around the country a boost.

Please join our next roundtable discussion on Thursday, January 28, at noon ET.

For login information, email DDunham@varsitybranding.com.

 

 

At last week’s sales and marketing roundtable, the hot topics were the vaccine (or lack of it), move-ins, and tips for keeping virtual events fresh.

Please join our next roundtable discussion on Thursday, January 21, 2021, at noon ET.

For login information, please contact 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.

At our 34th sales and marketing roundtable, we shared our successes and setbacks during the pandemic. We were also fortunate to have one participant share takeaways from this year’s SMASH conference.

Check out the recap and conference takeaways below. We also invite you to attend our next roundtable this week.

Takeaways from the SMASH Conference 

Over 200 sales and marketing professionals from senior living organizations of all sizes across the U.S. participated. One of our roundtable attendees shared these takeaways:

Biggest Sales and Marketing Trends

  1. Since COVID-19, leads and occupancy have plunged across the board.
  2. The deepest occupancy decreases have been in assisted living, with the toughest objection being “Why would I move my mom into assisted living when I know I won’t be able to see her for months?”
  3. Marketing budgets are not being cut and, in many instances, they are being increased.
  4. Marketing dollars are being reallocated from events and on-site activities to digital, SEO/SEM, virtual tours, videos and webinars.
  5. Marketing automation (automated lead nurture) is by far the #2 marketing priority after digital paid search and search engine optimization (SEO/SEM).
  6. Marketing messages have pivoted for assisted living and memory care to safety and security. IL messages are still about lifestyle, with a bit of safety and security in the message mix.
  7. Website — making sure the messages are appropriate/correct for the times. For most senior living communities, COVID-19 info has recently been moved from front and center to a smaller tab on the homepage, still easily accessible.
  8. Salespeople across the board are still focusing 100% of their time on sales, including nurturing the wait list/depositors, cold calling, working through the database, delivering treats/meals to depositors, virtual tours, apartment tours, answering website/call leads, etc. Activity team members, as well as social workers and front desk team members, are taking care of all window/outside visits, temperature taking, Facetime/Skyping with family members, virtual doctor visits, etc.
  9. Sales messaging, especially for assisted living — do not lead with COVID-19. We are living with COVID-19 24/7; however, prospects are calling us because mom/dad needs more help. They want to know how we can help them first and foremost.
  10. “Backstage Pass” — can’t tour the community, but can tour individual apartments.

Interesting Sales and Marketing Stats

  • New reality — 90% of prospects do not want to talk with us. They just want more information (which they are finding digitally via Google, website, videos, Facebook, Instagram, etc.)
  • Across the U.S. in CCRCs:
    • 43% increase in cost per conversion in digital search
    • 39% decrease in goal completion (filling out a form, calling, etc.)
    • 103% increase in phone calls (these are not all sales calls)
  • 70% of adult daughters find care for their parents through digital (up from 50% not so long ago)
  • Google will drive 90% of digital leads
  • 77% of searches for senior care begin online … even for skilled nursing
  • 80% of senior living search online is Google, Facebook and individual community websites
  • 6 billion minutes of content per week are consumed via video
  • 3 connected devices per person — and we switch between them all day long
  • Average number of brand touchpoints = six per person … up from two 10 years ago.
  • 92% of consumers begin their healthcare search online — with 6,000 searches related to long-term care EVERY HOUR
  • 88% of residents overall would recommend LTC. (Perception: 24% of seniors don’t want to move to LTC. Reality: 88% who live in LTC really love it.)

Please join our next roundtable discussion on Thursday, November 19, at noon ET.

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

 

 

At our weekly sales & marketing roundtable, we all shared creative tactics we’re using to attract prospects as COVID-19 rates spike in some areas. We’d especially like to thank Lana Peck, senior principal at the National Investment Center for Seniors Housing & Care (NIC) for sharing the latest insights from executive surveys completed since the pandemic hit.

Check out the insights and survey results below. We also invite you to our next roundtable this week.

NIC Executive Survey Insights with Lana Peck

The full report is on the NIC website. Wave 14 findings can be found here.

We had 70 organizations respond to wave 14:

  • Not the same 70 for every wave, but 60–70% are repeat takers, so there is some continuity.
  • Geographical dispersion of respondents:
    • There’s a slight underrepresentation in the Northeast compared to national coverage of the NIC map.
    • For the most part, participants are coming from all over the country.
  • We’re promoting this more strongly with operators, as we’re getting some national media exposure.
    • It is important for operators to know that, by participating in the survey, they have the opportunity to ensure that the narrative is accurate.

  • We went from ⅓ in wave 10 (early August) to just under ⅔ in the most recent wave — a lot more organizations are offering rent concessions.
  • 90% of organizations are paying overtime to mitigate staffing issues.
  • Staffing/temp agency usage has grown throughout the pandemic.
  • About ⅔ of organizations that have IL in portfolio are offering rent concessions.
  • Organizations with nursing care are less likely to offer rent concessions.
  • Discussion from the group:
    • We are giving concessions on entrance fees and support on moving services.
    • We are offering $3,000 toward moving expenses and incentives to get people to move more quickly.

  • Organizations reporting no change in pace have been growing. It’s the highest it’s been in wave 14.
  • Deceleration of move-ins is lower in IL, AL and MC in wave 14.
  • Most respondents are citing increased resident demand (increase in move-ins).
  • Fewer organizations with nursing care beds in wave 14 reported acceleration in the pace of move-ins, with the fewest respondents citing hospital placement since wave 7 surveyed mid-May — presumably due to anecdotal reports of hospitals sending patients straight home to recuperate from surgeries or illnesses with in-home health care.
  • A quarter of organizations have a backlog of residents waiting to move in.

  • Organizations may be providing incentives. The month-over-month change in occupancy has been starting to rise.
  • About ¼ of the organizations that have IL in their portfolio; ⅓ of those with AL; ½ of those with MC; and about ½ with nursing care are seeing an upward change in occupancy rates in the past 30 days.
  • Fewer folks that have IL are seeing a decrease in occupancy.
  • 48% in nursing care are seeing increases, and 37% are seeing decreases.

Please join our next roundtable discussion on Thursday, November 5, at noon ET.

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

At our 31st weekly sales and marketing roundtable, communities shared their challenges, solutions and one often-used event topic that’s still getting amazing traction.

Put these ideas to work for your community by checking out the recap below.

Please join our next roundtable discussion on Thursday, October 29, at noon ET.

Lana Peck, senior principal at the National Investment Center for Seniors Housing & Care (NIC), will be joining us again to discuss the recent NIC 2020 Fall Conference and findings on the next wave of surveys. 

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

Recently, Robert Speker, the activities coordinator at Sydmar Lodge in Edgware, North London, UK, spoke to Varsity about his acclaimed project of working with residents to recreate iconic album covers. Although this idea has caught fire on social media with over 11 million views, captured the attention of think tanks, and been referenced in professional care articles, it’s far from the only thing that Robert does to inspire residents. He takes them to rock concerts, throws special celebrations, and is constantly thinking of new ways to add excitement to their lives. To see Robert’s latest photos and keep up to date with his creative projects, follow him on Twitter: @RobertSpeker.

Below, Robert provides some advice for communities that want to keep residents engaged during coronavirus and beyond.

How has COVID-19 impacted your community?

Care homes are in quite a unique situation; we’re in a little isolated bubble, where people who live here haven’t left the home in six months, aside from going outside in the garden, which is something that is really unfathomable. In spite of it all, older people are still living their lives, continuing to remain positive in such difficult circumstances.

What ideas have you implemented to engage your residents, other than taking photographs of them to recreate classic album covers?

There are other wild and crazy ideas that we use to excite the lives of the residents who live here, to make sure that their time spent here is enjoyable and also productive.

For instance, we do a lot of awareness days. There’s a day for every single type of food. I love residents tasting different types of food that they don’t normally have. We extend this to alcohol as well. We’ve done Whisky Day, Tequila Day, Beer Day, Wine Day and more. It’s not about making residents alcoholics. It’s trying to dispel this idea that these old people just sit there. They can still enjoy new experiences. They’ve had drinks all their lives; why should it stop just because they come into a care setting? I’m all for encouraging them to have a social drink because that’s normal and can be great fun.

I also give residents the chance to do things they have aspired to or that they have never had the chance to experience. Before COVID, I was able to take a 92-year-old resident to see her favorite singer perform live in concert or take a 91-year-old swimming for the first time in over 20 years. Now I just have to rethink to still provide experiences for the residents.

What advice would you give other communities that want to engage residents?

I think you have to get to know each individual resident as well as possible. That can only be done by talking to them, to family members, and to colleagues, and just trying to find out information about what they like, what they don’t like, what they used to do for a career, and their social activities.

How many of these seniors actually used to play bingo before moving into a care home? I can probably tell you—not many. I’m not trying to knock bingo. Bingo is still a fun game. It has good benefits. But there’s more than you can do (in communities) than play board games, cards games and bingo.

It’s really just a case of trying to think up these different ideas. My awareness days are each just one day when somebody can try or taste something different. It’s about sensory experience—whether it’s about taste or hearing or seeing something. All of these sensory experiences can make people remember things from the past, which is a great way to get the brain really working.

Can you talk about your award for Best Activities Coordinator?

That was last year. I was nominated by the manager and some family members as well. And it was just a lovely thing to know that what I was doing was appreciated and acknowledged—even though I don’t do this work to get acknowledgment. There are many things that I do which are never going to be seen; only the residents and I know about what I’ve done. I prefer to keep it that way. Usually nobody ever finds out, but it is very nice to get appreciation, so I was grateful to receive that award from The London Borough of Barnet.

How can people help others who live in care homes?

During lockdown, we’ve seen the importance of people helping each other out. We’ve had a lot of people asking what they can do to help, and I hope that will continue afterwards when we’re open for regular visiting and everything is safe.

A care community can be a welcoming place, where people can drop in just to say hello to the residents. You may not have ever met them, but why not give half an hour of your time to speak to somebody who has lived a long life with lots of experiences? We can all learn something from the elder generation.

One way Robert and his residents are helping others is by raising funds for three charities: DementiaFriends.org.uk, Alzheimers.org.uk and AgeUK.org.uk

You can join the cause by donating through their GoFundMe page or by ordering a charity calendar they’re creating. Watch Robert’s Twitter page at @RobertSpeker to see when the calendar comes out and how to order it. 

Last week at our virtual sales and marketing roundtable, participants shared that they are trying new sales strategies and working to debunk the myths of COVID-19.

Dig into the recap below. Please also join us for our next roundtable, coming up this week.

Please join our next roundtable discussion on Thursday, October 15, at noon ET.

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

Subscribe to
Varsity Prime

Varsity has a podcast!

Our new podcast about longevity and aging offers fresh perspectives and interviews with industry leaders.