What happens when experiential marketing—the strategy of engaging customers in branded live experiences—faces a world where events are being cancelled or postponed thanks to novel coronavirus fears? The blow to b2b experiential marketers is significant. Back in January 2020, the Demand Gen Report found that 53% of U.S. B2B marketers surveyed rated in-person events and tradeshows as their most effective channel for driving lead conversions, above digital-only efforts such as e-mail and the company websites. Of course, that was before the coronavirus began to scuttle plans. The event drought doesn’t mean that the power of experiential marketing vanishes, but marketers do have to adapt. As experiential agency Fake Love’s CEO Alanna Lynch explained in a recent AdWeek article, since there’s no doubt experiential marketing will be affected, "particularly around large-scale events with a global audience," the company is "proactively thinking about how our approach to branded experiences may need to evolve in the short term, more specifically, how physical activations could be experienced virtually and then shared virally." In a ClickZ post, Gretchen Scheiman reminds experiential marketers of the potential power of online experiences, ranging from gaming like Fortnite, to educational platforms like Kahn Academy to McDonalds restaurants, where parents who might hesitate to send children into crowded Happy Meal Play Zones can visit happymeal.com for downloadable coloring pages, activities and interactive games. Jillian Ryan at eMarketer likewise urges pandemic-deprived marketers to "go digital and be nimble" as virtual conferences replace physical events, creating digital touchpoints whose content and engagement can still influence the intended audience. Indeed, event cancellations can provide a great opportunity for marketers to A/B test whether their physical event presence is as crucial to conversion as presumed, Ryan notes. Plus, experiential marketers have some good old-school options that have been technogically enhanced for interactive engagement. Ryan urges consideration of direct mail as an experiential tool, for example. In addition to its visual and tactile engagement, direct mail can be highly targeted and personalized, and now, thanks to digital print technology such as QR, VR and AR, digitally interactive as well. Similarly, ClickZ’s Scheiman reminds that targeted e-mail is another great way to create a direct line of communication with people around an event or experience, physical or virtual, with links to interactive digital. For more, see our website blog post at https://www.acculist.com/b2b-experiential-marketers-have-options-to-pandemic-cancelled-events/
David Kanter, President and CEO of AccuList, is a list brokerage and direct marketing expert. For more than 30 years, he has helped companies and nonprofit organizations achieve their marketing goals. With David's Direct Marketing Forum, he shares, and invites others to share, helpful direct-marketing industry news, trends, analyses, resources, and tips for success. Please read our Comment Policy.
Showing posts with label trade show and conference marketing. Show all posts
Showing posts with label trade show and conference marketing. Show all posts
Wednesday, March 11, 2020
Thursday, November 7, 2019
Event Marketers Bet on Data, Tech, Personalization
For AccuList's trade show and conference marketing clients, the good news is that, even in a digital world, live events and face-to-face experiences retain their power, with over 40% of marketers saying live events are their most important marketing channel. Plus, event marketers have more tools (and challenges) as they move into 2020. A post by marketing guru Michael Brenner for Marketing Insider Group cites a number of technology trends that event marketers can use to boost attendance, engagement and ROI, including artificial intelligence (AI) for everything from ticketing and sales to personalized promotions and automated event follow-up; augmented reality (AR) and virtual reality (VR) for immersive and engaging experiences; and interactive video. Meanwhile, as marketing technology provides access to real-time event data, many marketers find their biggest problem is being overwhelmed by a flood of data, ranging from audience attraction (website visits, social media clicks, registrations); on-site engagement (RFID metrics, mobile app engagement); post-show follow-up (attendee opinions, costs, ROI); and auxiliary data (CRM, membership data, attendee interests). The key to prioritizing and analyzing, notes event marketing and tech agency Freeman, is to 1) centralize, standardize and integrate data; 2) decide on goals (such as attendee satisfaction, exhibitor ROI, or reduced attendee and exhibitor churn); and 3) define the metrics that best measure achieving those goals. Based on analysis of attendance or exhibitor patterns, marketers can then segment data lists for better targeted response and ROI. For all marketing channels, personalization is the new requirement. As Brenner’s post notes, because they believe it’s so effective at increasing event marketing ROI, 9 in 10 event planners use some form of personalization. His article includes a useful infographic from a 2017 Eventsforce study on the ROI of personalization which shows that not only do 73% of event planners believe that personalization and data-driven marketing are a priority but 89% personalize event invitations via names, content and links; 71% personalize event communications via e-mail content and landing pages; and 58% personalize registration via different forms for different audiences. As far as collecting the data needed for personalization, the most effective tools are rated as registration systems (84%), CRM/marketing systems (62%), surveys (29%) and event apps (29%). For more, see our website blog post at https://www.acculist.com/data-technology-personalization-top-event-marketing-trends/
Thursday, February 28, 2019
SEO, Mail, Experiential Tactics Can Spur Events
Per the latest industry surveys, trade show and conference marketers can look forward to solid event industry growth in 2019--along with potential marketing strategy shifts in an increasingly competitive landscape. Event software firm Bizzabo's survey of over 1,000 mid- to senior-level marketers at major companies in 2018 found good news for the event industry: Most respondents (41%) consider live events to be the most critical marketing channel in achieving business outcomes (out of 9 possible channels), a 32% increase from 2017. Business execs are also doubling down on live events. Between 2017 to 2018, the number of companies organizing 20 or more events per year increased by 17%. Additionally, the vast majority of respondents (95%) believe in-person events provide attendees with a valuable opportunity to form connections in an increasingly digital world. This reflects a 12% increase compared to 2017. Meanwhile, Eventbrite, an online event management and ticketing firm, surveyed 1,200 event professionals last year to see how marketers are likely to spend in 2019. Word of mouth, an effective tactic for 63% of event marketers, is bolstered by investments in social media marketing, which 49% of event creators placed among the top three most effective drivers of ticket sales. E-mail rounded out the top marketing channels per those surveyed, with 38% of event professionals relying on it. However, with 89% of attendees using search for purchase decisions, Eventbrite foresees a necessary expansion of SEO efforts. There's definitely room for growth, with almost half (46%) of event professionals saying they aren’t using SEO. And, while e-mail is cited among the favored marketing channels, direct mail continues to turn in higher response for the 41% of event pros that use it. Eventbrite thinks the 50% who cite competition as their biggest challenge will want to reconsider the edge offered by adding mail to their arsenal. Meanwhile, experiential marketing is a hot new trend, engaging attendees by using branded experiences at an event, as part of an event, or in a pop-up activation not tied to any event. Yet Eventbrite found that close to 60% of event creators are not using experiential marketing, so innovators will have the edge. For more, see our website blog at https://www.acculistusa.com/for-2019-edge-event-pros-shouldt-overlook-direct-mail-seo-experiential-marketing/
Wednesday, September 19, 2018
Use Direct Mail to Spur Trade Show Attendance
After many years of supporting the marketing of trade show and conference managers and exhibitors, we can attest to the continued power of direct mail in building audience. While exhibitors who do a pre-show campaign one or two months before a show can increase attendance by up to 50%, according to the Center for Exhibition Industry Research, a post by the NextPage agency recently explained how direct mail can push those pre-event promotional efforts several steps ahead of competitors. Show marketers looking for an edge with multi-channel audiences will embrace direct mail’s higher response rates and retention rates, urges NextPage, leveraging the deliverability of a tactile and visual attention-getter in an era of crowded digital mailboxes and websites. By combining variable printing with segmented list targeting, savvy marketers can create a pre-event mailing that is a highly personalized invitation. Including an incentive in the mailer will further spur booth visits. For example, trade show expert Marlys Arnold earns long lines at her booth by using scavenger hunts in pre-show campaigns, with a direct mail piece that lists five questions and gives a web address where attendees can print off an answer sheet to fill out and bring to the show. In another example, independent copywriter named Mark Johnson wanted to target subscription newsletter marketers at a Las Vegas Conference and created a special website with case studies and a free offer that he touted in a postcard. The free offer was an exclusive 30-minute consultation with Johnson to review current marketing campaigns. Johnson rented the conference association’s membership list and mailed the card only to qualified leads five weeks before the show. Out of 400 pieces mailed, 406 people visited his site, and he generated five solid leads! As Johnson showed, the real key to success with a direct mail campaign is targeting qualified leads, starting with a list of current clients and prospects and moving on to lists of registered attendees, association members, subscribers to relevant trade publications and newsletters, multi-channel buyers of relevant products, etc. Marketers can then segment and tailor messaging by geography, industry, product interest, title, and firm-ographics (such as number of employees). For more on event direct mail, see http://www.acculistusa.com/use-direct-mail-to-push-trade-show-attendance-ahead-of-the-pack/
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