This section of the toolkit is about getting your outdoor experience ready for market.
If you have worked through this toolkit, you are probably ready to go.
You are going to be very busy. Launching a tourism offer is a big task.
At this stage you need to pause and check that your business has a realistic chance of success.
If you are assured that it is viable and sustainable, you need to prepare to be your business’s strongest possible advocate.
Building success checklist
Exercise 5A
Use this list to check that you have achieved the key steps covered in this toolkit.
Have you?
Aligned your tourism experience to the Northern Ireland - Embrace a Giant Spirit brand?
Considered the main visitor segments for domestic and international visitors and made sure your experience will appeal to them?
Evaluated how to make your experience inclusive and accessible?
Identified what will make your experience unique, authentic and memorable?
Established how you will capitalise on your location and landscape?
Selected the stories you can tell and worked on how to structure and best tell them?
Gained confidence to describe and advocate your offer clearly and concisely?
Formed both a good local and regional network?
Ensured your activity and staff comply with all professional and safety standards, requirements and best practice guidelines?
Incorporated care and respect for both host communities and the natural environment within your experience?
For more on final preparations for outdoor activity businesses see: Top Ten Questions
Reality check: Can this work?
Exercise 5B
Take a final look at the economic viability of your business and its environmental and social impact before moving forward.
Your new venture must contribute to your finances. Pricing your experience properly is essential. The price that you charge needs to cover all your outgoings and ensure a profit in return.
Identifying all your costs is vital. What are your costs?
Set-up costs like equipment, signage, refurbishment or repurposing of spaces. Identify when you will recoup this investment.
Indirect costs like running costs of building, vehicle and fuel costs, insurances, website etc.
Expenditure related to events, like refreshments, materials etc.
Staff costs including preparation, follow-up time as well as delivery of the experience.
Promotional costs per year including print, website, social media including staff time, attending marketing and networking events.
If you are working in a collaboration, include applicable partners’ fees.
Work this out as a price per customer. This is the bottom line. If your average price per customer is less than this, you will lose money.
Covering your costs is not enough
Exercise 5C
What profit do you require?
Identify the profit you would like to make per year and divide by a reasonable estimate of visitor numbers.
Then add this to your price per visitor.
Don’t forget to allow for discounted rates for groups and tour operators
This is the price that will give you what you need. Will your customers pay it?
Is your price competitive?
Compare your price with what comparable businesses around you are charging.
If your price is cheaper, and you are convinced the quality is comparable, consider increasing the price.
If your price is higher, look at whether you can cut costs to bring the price down without impacting on the quality of the core experience.
If this is not possible, critically assess whether you offer added value for your higher price. If you do, identify and promote what makes you stand out.
If you don’t offer extra value and cannot lower the price, this is unlikely to be a commercially sustainable venture.
Why is your experience special?
Exercise 5D
Make sure that you can speak with confidence and conviction about what you are offering.
Take a moment to capture your vision and what you have learned, in terms that reflect your passion and joy for what you are doing.
Write yourself a one-page summary for when you have to sell your experience. Use your most enthusiastic language to capture your aspiration. Include answers to these questions.
What will motivate people to travel to you?
What will they experience with you that they will remember?
What will it cost them and why?
Why is the experience worth the price?
Who will love what you do most?
How will you tell potential visitors about your experience? Who can help you with that?
What else will visitors like about your area?
What possible challenges do you foresee and how can you address these?
What next? How could the experience you offer develop in three years?
Preparing for market: Your elevator pitch
Exercise 5E
Imagine you have three minutes of a tour operator’s time - an important opportunity to impress. Prepare yourself for this by focusing on three crucial elements of your outdoor experience. Make each of them as compelling, original and memorable as you can.
Describe your location using vivid descriptions, highlighting all the senses
Describe your experience in impactful verbs to emphasise the activity and what people will do and feel
Describe your story through the characters that bring it to life