when site selectors come to visit: 8 tips for a memorable fam tour

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When Site Selectors Come to Visit 8 Tips for a Memorable FAM Tour December 10, 2013 @aboutdci, #econdev, #DCIFAMTips

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There's no substitute for seeing a community firsthand - especially for site selectors who live and breathe business location decisions every day. And since it's estimated that site selection consultants advise mid-sized to Fortune 500 companies on up to 40 percent of all business location decisions, it's critical for economic developers to get their communities on the radar of this key audience. Bringing site selectors into your community for a hosted familiarization (FAM) tour is one of the most effective ways to do just this, allowing you to directly communicate and showcase your region's assets and advantages.

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Page 1: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

When Site Selectors Come to Visit8 Tips for a Memorable FAM Tour

December 10, 2013

@aboutdci, #econdev, #DCIFAMTips

Page 2: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

Presenters

Rachel DeloffreSenior Account

Executive

Susie WebbSenior Coordinator Occupier Services

Elisabeth KulinskiSenior Associate

Indirect Tax Credits & Incentives

Page 3: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

About DCI

• Development Counsellors International (DCI) is the only firm in the world to specialize exclusively in marketing places.

• Since 1960, we have worked with 400+ cities, regions, states and countries, helping them attract both investors and visitors.

• DCI has planned and executed dozens of FAM tours and site selection consultant events across North America.

• DCI’s database, LocationAdvisors.net, houses information on some of the most influential site selection professionals.

Page 4: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

Why FAM Tours?

• Form relationships with the local economic development organization.

• Meet face-to-face with political and business leaders.

• Gain invaluable knowledge of a city/region by seeing it in person.

Page 5: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

8 Tips from

2 Site Selectors

Page 6: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

1. Send an Enticing Invitation

Page 7: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

Invitation Tips

Include sample schedule

Catch attention with a fun activityMention high-level

government or company officials

Send 2-3 monthsin advance

Send a “Save the Date” teaser

Page 8: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

2. First Impressions Count

Page 9: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

Select Stellar Food and Accommodations

• Location, location, location

• Communicate with hotel to make check in seamless

• Eat somewhere unique to your region

• Ask about dietary restrictions/give options

Page 10: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

3. A Warm Welcome

Page 11: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

Welcome Packet FAM tour schedule Articles about your region Maps Brochures Welcome letter from mayor or governor

Page 12: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

FAM(tastic) Welcome orThank You Gift

• Gifts help site selectors remember you

• Consider giving something iconic that’s made in your area

• Be sure the gift relates to your location

• Consider shipping something after the trip, depending on size

Page 13: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

4. Arrange High-Caliber Meetings

1. Politicians 2. Business Leaders 3. Members of your EDO

Page 14: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

Meetings with Civic Leaders

Do This: Not That:

Meetings to Consider:• Mayor• Governor• Other high level politicians

Page 15: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

Corporate Executives

• Leaders from your business community

• Spokespeople who know their industry

• CEOs from your biggest industry clusters

• One of your biggest employers

Page 16: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

Members of Your Organization

• Help host the group

• Chance to form relationships with site selectors

• Be a resource/tour guide

Page 17: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

5. Show off Your Key Assets

1. Research facilities 3. Manufacturing operations

2. Biggest employers

Page 18: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

More specifically…

• Choose companies with something special or new (i.e. recent expansion, unique technology, etc.)

• Show a diverse range of companies/industries

• Don’t necessarily need tours of educational assets

• Consider looking at real estate

Page 19: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

6. Incorporate Quality of Life

The quality of life aspects of your city/region are often key differentiators

Page 20: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

Tourism Attractions & Quality of Life

• Quality of life assets allow site selectors to explain more than just numbers to their clients

• For some site selectors, the fun activities are a big draw, for others, they’re not as important

• Make the trip more flexible and appealing by scheduling fun activities towards the end

Page 21: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

7. Find a Good Pace

Page 22: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

Itinerary and Scheduling Tips

• Make weekends an add-on option, but not key part of the FAM

• Pack in as much as possible, but allow a little downtime

• Be accommodating and flexible

• Stick to your schedule

• Add an element of fun

Page 23: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

Sample Schedule

Element of fun

Short break

Biggest employer

City officials

Page 24: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

8. Stay in Touch

• Consider a short survey to get candid feedback

• Send out a contact list or load V-Cards onto branded USB stick

• Add SSCs to your newsletter list

• Send updates/a phone call once in awhile

Page 25: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

8 Tips from 2 Site Selectors

1. Send an Enticing Invitation2. Make Your First Impression Count3. Extend a Warm Welcome4. Arrange High-Caliber Meetings5. Show off Your Key Assets6. Incorporate Quality of Life7. Find a Good Pace8. Stay in Touch

Page 26: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour
Page 27: When Site Selectors Come to Visit: 8 Tips for a Memorable FAM Tour

Thank You!

• Presentation will be posted on a blog tomorrow at www.aboutdci.com/blog

• Contact information:

[email protected]

[email protected]

[email protected]