As discussed before Empire often goes mainly into short-term contracts with other businesses.
Referred to as Strategic Alliances: ""A cooperative agreement between business firms, it can take the form of licensing or distribution agreements, joint ventures, research and development consortia, and partnerships."
I apologize for the copy and paste, I know it's not my usual style but I wanted to make sure everyone understands exactly what type of "contracting" Empire gets into.
The 2 main types of Business customers Empire mainly deals with are Producers and Re-sellers.
Producers: They buy goods to help their daily operations. An example of this would be the jersey's or sticks Empire owns for it's players. To further explain, the jersey's are brought by a clothes printing company who purchases the jersey's, shirt's, pants etc blank. This would be the same way a construction worker purchases steel in order to create beams or other material needed for them to build.
Re-sellers: Well its pretty simple! They buy goods that are already made to be distributed, so they resell them for profit. Of course I can't make my previous statement without giving an example Empire related!
Companies like Gamestop who purchase games, systems and other gaming equipment wholesale and then resale it at their locations are some of the main types businesses Empire seeks to go into contracts with.
Why is it even necessary for Empire to do business with these 2 types of companies?
Empire has its own online store but it is not enough to facilitate the amount of traffic needed for even a decent amount of sales. Most contract Empire falls into with either type of company generally results in Empire advertising for the company while the company also receives a percentage off of the sales made after and only after the sales have reached a certain agreed amount.
This is the last blog about Empire I will be making, it was a fun ride and alot pain that came along every time I wrote. If I did not reveal it before, I am also a member of Empire Arcadia and used to be a processional gamer myself! I dedicate this and my other blog post to my friend Nelson Reyes (3rd going from right to left), he put his heat and soul into this company not to mention about 50k worth of his own personal money. R.I.P my friend. You often here companies saying we are like family...But in Empire you might as well say we were biologically related.
Although gamer's come in all shapes, sizes and ages it does not change the fact that there is one particular group that latches themselves to games, as if games were a surrogate mother or father to them. This Generation is Y!
If gaming followed a hierarchy format it would look like this!
1. Generation Y: Born between 1979 & 1994. This era is subsequently the most important target market because they were born in heart of the big gaming boom! Gaming, Arcades and all that jazz in this era between these dates. Regardless of when games where actually created this is the era where it made its mark! Games to generation Y is like air to humans, they simply cannot live without it.
Generation X and Z: Gen X born between 1964 & 1979. This era watched and nurtured Generation Y. Although you would assume they would have a heavy interest in gaming as well, they do not. Why? Because it was not integrated into their lives as heavy as it was in Generation Y.
Generation Z, born between 1994 & 2001, why do they have same priority as Generation X? This is because this era grew up around gaming but did not experience the era of being a gamer. What I mean by this is, they never played games in the era where there where arcades and games where used as a social outlet, they never played games and it was considered a rebellious action if you caught playing video games past your bedtime. They will never experience this feeling games give you when your friend owned a game and would invite everyone over to play, and you would appreciate the experience because it was genuinely one of a kind. Generation Z era of gaming is saturated with games to such a high degree its just like walking outside and seeing a car go down the street. How can they be rebellious with their gaming? Cell phones have games now! they can play it anywhere, back then most of us had to travel, wait or only play a game at the arcade! Oh boy! writing about this is starting to make me feel old.... Needless to say at least both of these generations still have some interest in gaming Gen X having a lower interest then Z but to Empire they fall in the same target market when it comes to who they specifically target.
Baby boomers: Born between 1946 and 1964. This era is far to busy running the country to have anytime at all to play video games. They have no connection to video games what so ever! But there are always some exceptions to the rules.
Oh man I am really squeezing here! we have almost talked about everything Empire could offer, but something just feels kind of feels out of place. What could that be? Well so far, I previously discussed that Empire's main source of revenue heavily relied on the "service" its players provided for other companies who are willing to pay. One thing I never discussed in regards to this is the players direct role of how it aids Empire.
Now briefly revisiting what I stated in previous blogs.
1. We know the player has a fan base and can attract a crowd
2. We know the player can be individually contracted by companies to fulfill any specific marketing task.
3. We know that Empire also lease their players out to other companies.
Just in case number 3 was not clear. If you look below you will notice CTRL / EMP.
Perfect example of another company utilizing the prestige of EMP and attaching their name so that it will be headlined in results. Needless to say the players make this possible, by winning. If I may humbly brag for a moment, the personalities and play style's of Empires players create experience quality to heavy degrees for the returning consumer. Crazy thing is as far as winning goes, Empire does not even have to win, it has enough franchise players in it's grasp that the reliability of the service is there. The service while not always accurate as far as to what other companies or consumers are looking for from the player, but one thing can always be said about Empire is that they are consistent. Any company pairing up with Empire has always seen an increase in traffic for their business and an increase in products sold.
The advantage of the Empire brand and the brand of the franchise players who work for it.
Although product concepts are the main theme of this chapter, we are going to focus more on the power of branding and how Empire utilizes it. Please remember, when it comes to Empire the product is technically the player! I say this because in my previous blogs we discussed this quite a number of times.
Empire utilizes it's brand to establish a legacy, this legacy creates "repeat customers" who either return to Empire whether or not the same players or products are still available. Allow me to further explain, Empire has been around for more then a decade and just like any other competitive genre every person has his or her "life span". Empire the brand has ways around this! Empire is a brand name and the players affiliated with it gain power by being under it's brand name. The easiest thing for a player to do is immortalize themselves, this means accomplish something under the Empire brand name that is unique and cannot be replicated. A method Empire uses to help establish their players in the books forever, is setting world records in games they excel at. Although these world records can be broken be anyone else the rule of thumb will always stand that if you are the first and (or) in the books then you shall never be forgotten.
To the right is Tri-force Game master at the premiere of his movie King of Kong at this time he was also inducted into the video game hall of fame, he is also the founder and CEO of Empire Arcadia. Companies and other brands usually seek to co-brand with Empire do to its high amount of prestigious accomplishments. This is how Empire truly builds it's mass network of "repeat costumers", as one might think this could be risky if Empire affiliated themselves with a brand that has or gains a bad rep. While this might effect Empire, it has minimal effects on their future reputation because it is just as I said before you immortalize yourself on paper and you shall never be forgotten. Co-branding has been the key to Empire's success, affiliating themselves with companies who place their brand names on Empire's products which are used by the players and Empire as a whole at live events, in media or online.
And just to remind you, the consumer for Empire is not only the individual consumer who seeks to buy their shirt or hardware, it also the companies that seek advertisement through use of Empire's strong brand name in order to increase traffic in their own companies.
Taking Risk 101: relationship selling & Generating leads
Every single inherent move Empire makes is devoted to selling its brand as a whole, this is always first priority: The image of the company. The brand and the players have a symbiotic relationship, even if a players value may not be high, being affiliated with the brand itself raises his or her worth. If this sounds weird, then again you have to look at this as a sport! Would you rather have the number one player on one team or the 2nd, 3rd, 4th best players all on one team? Empire trades the idea of having an all-star team rather then just having one dominant player. This works in their favor because anytime Empire is in the lime-light everyone gets their shine.
Enough rambling! So where am I going with this?
Empire Arcadia is not a sponsorship, although contrary to my statement they will sponsor players to events at times. This means Empire, must seek outside sponsors. The hardcore and casual gamers as I said before are not the only ones consider consumers to Empire, other businesses are consider consumers as well. This is where Empire utilizes its players to develop both interpersonal and business relationships with sponsors and players with "pull". I say "pull" as the definition of someone who has power in the world of gaming. Often if not the sponsor or consumer becomes very passionate about helping Empire even sharing in their views, which is the process where they empathize with Empire and become trusting of their work ethic, goals, image and marketing capabilities.
Networking is by far the biggest form of generating leads Empire uses to find potential buyers. As I said before, Empire heavily relies on social media sites and public relation tactics in order to put word out of upcoming events, company updates and even logs of championships they may have obtained recently. For example, I am a member of Empire ( yeah no surprise right) and I have been inactive as a player for the last 3 years, but I still maintain a mass following on social media websites due to the amount "shine" being passed around through Empire every single week. So lets say I have 4000 people added on Facebook and another player apart of Empire has 5000 added, anytime something is posted to our wall on average I would say about 6000 people are seeing this across their news feed give or take we have some of the same people added. It's like advertisement and generating leads all at once, its genius!
Advertisement, Public relations and sales promotion, You must be joking!?
These ideas, tools concepts or however you choose to identify them are the foundation in which Empire is built on. In fact any other company similar to Empire in the gaming industry tends to work the same way.
So let's just walk through these 3 concepts and some specific aspects about them that apply to Empire just like we always do!
Empire the corporation / brand is a walking, living marketing tool as far as gaming is concerned. All advertisement done by Empire Arcadia is mainly focused help to promote the company, companies products and its players simultaneously. So what I am saying, Empire never truly segregates its advertising targets. There are many objectives when advertising comes into play and there are different types of advertisement. Sadly the "scientific" names for the 3 categories of advertisement that I named above which Empire focuses on is pretty obsolete to them, but if I had to narrow it down to one they could all fit in, it would probably be:
1. Institutional advertisement ( Trying to increase and maintain companies image)
a. Advocacy advertisement ( This would be the main type of Institutional advertisement used).
To the left is the CEO of Empire Arcadia, standing next to one of the most prestigious and honored men in gaming Walter Day.
Through what medium do they use? Well haven't I explained this before! Empire heavily uses various social media websites and the players who make live appearances to help promote the company, the companies products and (or) sponsors products. Just by a popular gamer wearing an Empire shirt with a logo on it using an Empire stick, indirectly promotes all three in which I named above. ( company, product's, player's).
All this talk about gamer's making live appearances, sure does sound allot like public relations. That's because it is, but its a devious ploy. Just think about it like this, the Yankee's exist as a team and then there is Derek Jeter, just by Derek Jeter being a member of the Yankee's their team gets added value. So wherever Derek Jeter may happen to be one thing is for sure. That's Derek Jeter who play for the Yankee's (get it!?)
It works the same way in Empire only difference is we are all Derek Jeters here! hint hint.
Empire Arcadia is not a retailer, therefore this week we can finally take a break from this company! My apologies, I have been apart of this company for over a decade, the last thing I ever wanted find myself doing is writing about them. I mean, I am a player after all, I would rather be pushing button's or in gamer slang "A button monkey".
So am I a genius or what!? Empire Arcadia is about gaming, so I went to a specific retailer who's specialty is selling games, systems and gaming accessories. Game stop!
Look at this logo, "power to the players". Oh yeah after reading this you would swear they were not making a profit off of you purchasing from them. If only life was that easy.
See what I did there?
Oh boy, do I have to do all the work here. Well if you read above I just revealed to you that GameStop is a specialty discount store. I would have thought given the name, you might have figured that out yourself. GameStop is also corporately owned, but for any of you looking to buy stock that is very much an option.
Like the quote says "power to the player". Promotion strategy at its finest. Now just in case you aren't familiar as to what a Promotion strategy is as far as retailing is concerned, I will define it for you. It is the type of promotion involving advertising, public relations, sales and publicity. For Gamestop, they have all these areas covered to the nail! Gamestop has advertisements its sales can be found in flyers on your doorstep, the news paper, and the easiest but largest outlet of them all, online as ads on media sites such as Youtube and Facebook. Need I remind these sites are visit by millions of users everyday. You may not acknowledge the ad but there will always be a subconscious suggestion for those who are even slightly interested or an unconscious suggestion for those who are not. If you thought their out reach was not large enough, then take a deep breath, because they also have an online store. Can we say overkill? No! but we can say category killer, which is exactly what GameStop is. Is this a bad thing, yeah, for the competition. You see a category killer heavily dominates its field of merchandise. In more simpler terms, majority of games, systems and gaming accessories are brought from Gamestop rather than its competition like "Best buy". The reason for this, is because GameStop is quite literally a library for games. Their product offering can hardly be matched by any other because their franchise focuses directly on gaming period. Meaning, they have wide variety of products with different brands spanning from the top brands such as Sony to 3rd party brands.
So lesson learned today! If you are looking to get into the business of retailing and it involves gaming, it simply not be a wise choice in this current era unless you are willing to bring something to the table that can reprogram consumers to choose your option instead of what they are used to.
