I'm glad it's you!

Have you ever dreamed of experiencing a Formula 1 race in Monaco firsthand? If you've ever tried booking a hotel room during race weekend, you know very well that this seemingly simple task often resembles Mission Impossible. Unless, of course, you're among the fortunate few who can casually spend a small fortune for a few nights' stay.

This always brings to mind a humorous anecdote shared by Walter Wolf, owner of the Formula 1 team bearing his name. On May 22, 1977, when his driver Jody Scheckter secured victory in Monaco, Walter jokingly expressed his outrage at the hotel receptionist upon receiving the bill: "But I wasn't planning on buying this room—I only slept in it!"

This remark was made nearly half a century ago by the man whose team became the first ever to win its debut race. Today, the price of the same room during race weekend is several times higher. If you wish to witness the event live, you're better off booking accommodation in nearby Menton or even slightly farther in Nice.

Yet things weren't always like this. Did you know that back in 1929, during the first-ever race through Monaco's narrow streets, local hotels even offered discounts to their guests? The reason—noise from the racing cars! Yes, you read that correctly. What today is regarded as a premium experience once represented an inconvenient nuisance.

The late Prince Rainier of Monaco, along with his wife, Hollywood star Grace Kelly, was instrumental in putting Monaco back on the global map of elite tourism. The Formula 1 race greatly aided in this endeavor. The enterprising prince understood that continuous growth coupled with creating something truly unique would keep wealthy visitors returning. His secret to success lay in personal engagement and a sense of spectacle impossible to replicate elsewhere.

Prince Rainier famously had a tradition of personally shaking the hand of each race winner in the princely box near the start-finish line, congratulating them with the words: "I'm glad it's you!" It may sound slightly cheesy today, but every driver who heard those words genuinely felt special.

Today, with Monaco led by his son Albert, the principality faces an unprecedented threat: Formula 1's new owners have even considered removing the iconic race from the calendar. The world has fundamentally changed, introducing new players and prestigious locations into the market.

This story powerfully illustrates the significance of mastering a detailed mosaic—turning apparent weaknesses into strengths, and ensuring customers repeatedly return due to your unique offerings. The famous race also proves clearly that one must never rest on past laurels. Just like Prince Rainier, we too must transform every customer interaction into something extraordinary from the very first moment—creating an experience that continuously excites.

If today you still lack a strategy for delighting your customers and securing their long-term loyalty, now is the perfect moment to create one.

Whether it's the most famous race in the Formula 1 calendar or an entrepreneur just starting their journey, a few genuine words and thoughtful attention* are enough to keep customers gladly returning to you: "I'm glad it's you reading this right now!"

#Marketing #Formula1 #SmartBusiness #CLVbuilderPRO

Boštjan Belčič

Connect with me

*P.S. Utilizing digital tools has made personalized approaches easier than ever. Thanks to data collected through these tools, you can now offer each customer exactly what excites them most, precisely when it matters the most.