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Penelope’s smile tightened almost imperceptibly. “We go where the exciting opportunities are. And the Thompson brand is…” she paused, her eyes sliding to Alexander, “…ripe for revitalization.”
“That’s precisely what we demonstrated in our presentation,” I replied. “A revitalization that honors the Thompson legacy while appealing to a new generation of luxury travelers.”
“A lovely sentiment,” Penelope said dismissively. “But sentiment doesn’t drive revenue.”
“Actually, in the luxury market, sentiment is exactly what drives revenue,” I countered, keeping my tone professional despite my rising irritation. “Emotional connection to the brand is what justifies the premium pricing.”
Alexander shifted slightly beside me, his leg pressing against mine in what felt like silent approval.
“That’s one approach,” Penelope conceded with a wave of her manicured hand. “But our research indicates a more aggressive repositioning would yield faster results.”
“At what cost?” I asked. “Alienating your existing client base for a short–term boost?”
Andrew leaned forward, clearly interested in the exchange. “That’s my concern as well, Ms. Langford. The Thompson name has stood for a certain kind of luxury for generations.”
“And will continue to,” Penelope assured him. “But with a fresh, modern interpretation. Our partnership with Horizon Media gives us access to digital marketing capabilities that simply can’t be matched by a single agency, even one as… established as Carter Enterprises.”
I felt Alexander tense beside me, but his expression remained neutral. “Interesting perspective, Ms. Langford. Tell me, how would Horizon handle the creative execution? Would they assign a dedicated team, or would this be just another account in their portfolio?”
It was a strategic question, highlighting a potential weakness in their partnership. Horizon Media was known for its broad reach but had a reputation for standardized approaches rather than tailored strategies.
Penelope’s smile faltered slightly. “They would, of course, assign their top people.”
“Under whose direction?” Alexander pressed. “Creative decisions get complicated with two firms involved.”
“I would personally oversee all creative aspects,” Penelope replied, a hint of defensiveness creeping into her
voice.
“And what is your experience with luxury hotel marketing?” I asked innocently.
Andrew cleared his throat, “Perhaps we should discuss the specific approaches you each propose. The advertising budget, for instance, is a significant consideration.”
Penelope jumped at the opening. “Our proposal includes twice the advertising budget currently allocated. We believe an aggressive media presence is necessary to reposition the brand properly.”
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“That’s a substantial increase,” Andrew said, clearly intrigued by the idea.
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Alexander nodded thoughtfully. “It’s certainly one approach. Spending more doesn’t always translate to better results, especially if the targeting isn’t precise.”
“Our targeting would be extremely precise,” Penelope interjected quickly. “We’ve developed detailed audience personas based on extensive market research.”
“As have we,” I noted, pulling a folder from my portfolio. “But we’ve taken it a step further by conducting in- person interviews with your current guests to understand what draws them to Thompson properties specifically.”
Andrew’s eyebrows rose with interest. “You’ve already conducted customer interviews?”
“We have,” I confirmed, sliding the summary report toward him. “We believe in understanding both the data and the human element behind it.”
Andrew flipped through the report, nodding appreciatively. “This is impressive, Mrs. Carter. Very thorough.”
Penelope leaned forward. “While interviews provide anecdotal insights, our data analytics can predict future trends with remarkable accuracy.”
“Data is essential,” Alexander agreed. “Which is why we’ve integrated both qualitative research and quantitative analysis in our approach.”
The conversation continued in this vein, with Penelope emphasizing the scale and reach their partnership could offer, while Alexander and I focused on the tailored approach and deep understanding of the Thompson brand that Carter Enterprises provided.
As the waiter cleared our plates, Andrew turned to the most practical matter. “Let’s discuss execution. Ms. Langford, your proposal relies on coordinating between two separate agencies. How would that work in practice?”
“We’ve established a streamlined communication protocol,” Penelope explained. “All decisions would funnel through me to ensure consistency.”
“Adding complexity to the process,” Alexander observed. “More moving parts mean more potential for miscommunication or delays.”
Andrew turned to us. “And your approach?”
“We handle everything in–house,” I replied. “Creative, digital, analytics, PR – all under one roof, with one dedicated team focused solely on Thompson Hotels.”
“One point of contact,” Alexander added. “One team with a unified vision, working collaboratively to bring that vision to life.”
Andrew nodded slowly. “There’s value in simplicity.”
Penelope must have sensed the momentum shifting away from her. “Our partnership with Horizon allows us to offer twice the advertising budget without increasing your costs,” she reminded Andrew.
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“A compelling point,” he acknowledged. “Mr. Carter, your thoughts?”
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Alexander leaned forward, his expression serious. “I believe in investing appropriately, not excessively. That said, we’re prepared to increase our proposed advertising budget by thirty percent, focusing on targeted placements rather than sheer volume.”
“Thirty percent?” Andrew repeated, his interest piqued.
“With a guarantee of measurable results,” Alexander confirmed. “If we don’t meet the agreed–upon performance metrics, we’ll absorb the additional costs ourselves.”
Penelope’s eyes widened slightly. “That’s quite a promise.”
“It’s a reflection of our confidence,” Alexander replied smoothly. “We don’t need to overspend to achieve outstanding results.”
Andrew turned to me. “Mrs. Carter, you’ve been relatively quiet. What would you say differentiates your approach beyond the organizational structure?”
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The appropriate title must be (Olivia and Alex) and not Olivia and Ryan....