How Local Business Partnerships Can Elevate Retirement Villages and Resident Satisfaction
Michael Jeffrey
CEO Pluss Communities|Retirement Living|Aged Care| Land Lease|Communities|Software|Tech
Moving into a new retirement village can be an overwhelming experience for residents. They are often navigating a completely new environment, unsure of where to find essential services, the best local deals, or trusted professionals. Questions like, Where can I get my pet groomed affordably? or Which pharmacy delivers? are top of mind. For many, the transition to a new community feels smoother when they can quickly establish connections to the local area. This is where developing partnerships with local businesses and services becomes invaluable.
By bridging the gap between your residents and the local community, you not only enhance their quality of life but also create a welcoming and supportive environment that fosters trust and belonging.
Benefits of Collaborations:
Collaborating with local businesses and organisations is a powerful way to enrich the lives of your residents and enhance the overall appeal of your retirement village. These partnerships create opportunities to provide better services, foster meaningful community connections, and deliver unique experiences that resonate deeply with residents. Here are some key benefits of forging such collaborations:
Service Categories Residents Would Want to Access:
When new residents move into your village, they often find it challenging to navigate their surroundings and locate reliable local services. By offering easy access to essential categories, you can significantly ease their transition and enhance their overall experience. Below are some key service categories to consider making available to your residents:
Determining Resident Service Needs and Gathering Feedback:
To ensure that the services offered truly meet the needs of residents, managers should take a proactive approach to understanding their preferences and expectations. Here are some key steps:
By implementing these strategies, managers can build a service ecosystem that genuinely enhances resident well-being while fostering stronger engagement with local businesses.
How the Pluss App Simplifies Service Integration:
The Pluss Communities app offers a seamless way to connect residents with local businesses and services. By using the app’s Services feature, managers can create a central hub of trusted providers, making it easier for residents to find what they need without the stress of searching. Here’s how the app simplifies the process:
By leveraging the Pluss Communities app, you create a tech-forward solution that simplifies access to services, enhances resident satisfaction, and strengthens your partnerships with local businesses.
Adding Value Through Special Offers:
The Pluss Communities app also enables you to provide additional value to your service partners through its Offers feature. This tool allows you to highlight exclusive deals and promotions from local businesses, making it a win-win for both residents and partners. Here’s how you can maximise this feature:
Establishing Paid Partnerships with Local Businesses:
Creating paid sponsorship opportunities for local businesses is an excellent way to enhance services for your residents while generating revenue for your community. However, most village managers shy away from sponsorships because of a perception that there is not enough value for the business. However, put yourself in the shoes of the local business owner. If you are a plumber, knowing that you can build a relationship with a 100+ home owners, who will all need plumbing services occasionally, knowing that you won’t have a lot of competition. It makes complete sense to invest $500 a year to be listed in your resident app. They are much more likely to get regular work from the $500 spend than spending it on social media.
Here’s how managers can structure these partnerships:
By thoughtfully structuring these paid partnerships, you can create win-win scenarios where local businesses gain meaningful exposure, residents access valuable services, and your village enhances its offerings while generating additional income.
A reasonable sponsorship model for a retirement village could be structured around those tiered packages, providing businesses with scalable options to engage with residents and achieve visibility. Here's a framework:
Sponsorship Tiers
The smaller the village, the less you can charge, because the potential audience is smaller
Justification for Pricing
If you need some more reasons to justify the cost of sponsorship then consider these 4 tips.
Why It Works
Give It a Go:
Developing strong partnerships with local businesses enriches the retirement village experience for residents, ensuring access to essential services and engagement opportunities. By integrating these partnerships into the Pluss Communities app, you create an organized and efficient way for residents to discover and benefit from these connections. Furthermore, structured sponsorship models provide a sustainable revenue stream while offering businesses valuable exposure. Whether through service listings, event sponsorships, or special promotions, your village can become a hub of trusted local engagement, enhancing resident satisfaction and fostering a thriving community.