Today we spend time with Walter Osterman, the President of TLC Marketing in North America. TLC Marketing is No. 1 in the world of consumer incentives, using travel and lifestyle rewards of a high perceived value for powerful acquisition and retention campaigns.
• How did you come across TLC Marketing, and what made you decide to open the US Office?
I am from New York and my wife is from Massachusetts, but we were living in London to grow the business of my Calling Card company. During this time, I made a very good friendship with Nick True who had founded a very successful travel and lifestyle incentive company, TLC Marketing Worldwide. With 15 years of experience, and a network of 18 offices throughout Europe, Asia and Africa, TLC already held a very solid position in the world of promotions with reputable clients and hundreds of campaigns a year. I was surprised to learn TLC had not yet opened an office in the Americas.
As my family decided to move back to the States, I recognized the huge opportunity available in the opening of TLC Marketing, North America. While travel incentives are not uncommon in the American market, lifestyle incentives are still not being used with the frequency that they are in Europe. Lifestyle incentives were virtually an untapped market with no competition. Consequently, TLC Marketing, North America began with a focus on lifestyle incentives with the travel portion of our business coming a bit later.
• Give us an overview of what TLC Marketing does, and your client base?
At TLC Marketing, we take anything that people like to do in their free time, like beauty treatments or rounds of golf or traveling to new places, and create a promotion for our clients that lets them give these rewards to their customers for free. For example, get a free flight for activating your credit card or a free beauty treatment as a thank you for your business.
TLC’s niche is our sourcing department which spends all day, every day reaching out to airlines, hotels, salons, golf courses, theaters, museums and restaurants. Using our worldwide intelligence and credibility as an accredited travel agent, we negotiate unparalleled offers that we leverage for our clients in groundbreaking promotions with proven results.
While sourcing is the DNA of our agency, TLC is a one-stop-shop offering strategic planning, creative services, account management, and customer fulfillment. The end result is a fantastic promotion that results in increased sales and lasting brand loyalty.
Since TLC specializes in creating customized campaigns, TLC’s client base is broad and deep. There is no limit to the types of rewards that we can source, so we are able to work across all demographics in both online and offline capabilities. Our method is to identify the client’s objectives and penetrate the brand for a strategic understanding of what incentive and mechanic will most appeal to the client’s unique consumer.
For Banana Republic, it was off-Broadway theater as a Gift with Purchase. For T-Mobile, it was golf, beauty and day out direct mailed to platinum customers. For Hummer, it was an Adventurous Getaway comprised of a free hotel night and adrenaline activity as a purchase incentive. We even sourced free pet portraits with the purchase of Hills Pet Food, so there truly are no boundaries.
• What has been your greatest challenge as a small business owner?
While it has been a blessing to grow so quickly, managing that growth has without a doubt been the greatest challenge. We opened our Headquarters in Boston in 2001. Due to demand, this was quickly followed by the opening of additional offices in Toronto, San Francisco, West Palm Beach and Nashville. With increased sales and an expanding client base comes the immediate need for more employees to support the campaigns. Measuring the additional offices, expenses and employees against projected growth is an ongoing balancing act.
• What do you look for when you are hiring new managers/directors at your company? What traits or characteristics in a person are most important to you?
Intelligence is unequivocally the most important trait. I do not look for specific industry knowledge in new hires, and am instead more interested in overall intelligence. With intelligence and a desire to learn, I believe anyone can become versed on the nuances of TLC and our industry, quickly contributing their own ideas for our continued growth.
As we grow in size, it is extremely important to me that TLC maintains a family environment. I look for good people who will fit in well to that family to cultivate a team approach.
• When it comes to the on-going training of your staff, what resources do you utilize; both in-house and through 3rd parties?
We do not have any formal in-house training, and rely on industry training for the ongoing growth of our employees. TLC encourages the desire for increased knowledge, and employees are able to take courses or become accredited in areas they feel will enhance their contributions.
• What has been your greatest reward as a small business owner?
Definitely to watch it grow. It is amazing to compare where TLC was when I opened an office in Boston to a network of 5 offices throughout North America less than 6 years later. TLC has quickly become a robust company of talented, dynamic people establishing a solid, diverse client base with creative, innovative campaigns.
• What are some of the new projects and/or products TLC Marketing has lined up for 2007?
With our lifestyle portfolio now extremely established, with nationwide partners secured for free beauty treatments, rounds of golf, days out, theater, cooking lessons, and more, 2007’s focus is providing unbelievable travel experiences.
In 2006, TLC became an accredited travel agent and this opens up an entirely new element by which to service our clients and their consumers, tapping into leading resorts and locations worldwide.
For example, our exclusive World for Free product, www.tlcwff.com, is a free one week’s accommodations at a choice of resorts at the most desirable destinations across North America, as well as worldwide. Whether a customer wants to finally visit the Grand Canyon, or is an adventurer looking for an exotic trip to Thailand, the WFF is an unparalleled travel incentive due to the scope of its choice.
A new Free Cruise product also joins our existing travel rewards such as Free Flight, Companion Flight or Hotel Stays. With no black out dates, TLC’s products truly empower customers to create their dream vacations.
• Where can someone go to find out more about TLC Marketing?
To learn more about TLC Marketing, North America, please visit us at www.tlcwm.com. For information on our network of worldwide agencies, visit www.tlcmarketing.com.
To learn more, contact us at info@tlcwm.com.
TLC Marketing, lifestyle, consumer, promotions