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B2B Experiential Marketers Have Options to Pandemic-Hit Events

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, and, as a result, 41% of respondents planned to increase event marketing in 2020. Of course, that was before the coronavirus began to scuttle plans.

Virtual and Viral Replace In-Person Crowds

The event drought doesn’t mean that the power of experiential marketing vanishes, but marketers do have to adapt, at least in the short term. 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.

Direct Mail and E-mail Offer Experiential Opportunities

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. She cites the example of Single Malt Scotch Whiskey, which uses personalized invitations with location data for local tastings of top shelf whiskey, inviting only people within driving distance but sharing tasting notes and photos from the event with people who aren’t able to make it as well. It would not be a big leap for the brand to create a “virtual” tasting in lieu of an actual gathering, she points out.

For 2019 Edge, Event Pros Shouldn’t Overlook Direct Mail, SEO, Experiential Marketing

Per the latest industry surveys, AccuList USA’s trade show and conference marketing clients can look forward to solid event industry growth in 2019–along with potential marketing strategy shifts in an increasingly competitive landscape.

Businesses Are Bullish on Event Marketing

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.

E-mail & Social Media Remain Favored Promotion Channels

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. They cited Facebook and Instagram as the top social platforms for reaching event-goers. E-mail rounded out the top marketing channels per those surveyed, with 38% of event professionals relying on it.

Trends Encourage Growth of SEO & Direct Mail Use

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 who 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, urging the hesitant to take a trial run by segmenting mailing lists and sending flyers or save-the-date cards to a test portion.

Experiential Marketing Is 2019’s Hot Buzzword

Experiential marketing is a hot new trend for trade show exhibit providers, brand marketers and event planners. It is a strategy that engages attendees by using branded experiences at an event, as part of an event, or in a pop-up activation not tied to any event. It’s all about immersing people in memorable live experiences to create more lasting and positive brand impressions. Yet Eventbrite found that close to 60% of event creators are not using experiential marketing. Acknowledging an intimidation factor, Eventbrite urges starting small, for example by promoting a pop-up shop (temporary retail space) grand opening at an event, by offering a smaller experiential activation like an on-site art installation, or by using a partner on-site sponsorship to enhance the event experience.

Download the Bizzabo report “2019 Event Marketing Benchmarks and Trends” for more details on event industry trends.

Science & Tech Can Help Events Capture Audience

For an event to succeed, trade show marketers must build attendance before the event and deliver for attendees by the end of the event, whether measured by lead generation, education or networking. We’ve worked with many trade show and conference marketers over the years, especially in audience-building via direct mail and e-mail, and we’ve learned quite a bit about the art of it. But there is science and technology required for success today.

Scientific Triggers to Capture Audience

For example, BizBash.com did an interesting Q&A with Ben Parr, author of Captivology: The Science of Capturing People’s Attention, in which Parr highlighted research-based conclusions about seven “captivation triggers” of audience attention. These triggers can apply to event promotion as well as onsite efforts by show managers and exhibitors. Start with “automaticity,” which means using colors and symbols that automatically change and direct attention, such as the color red. Move on to “framing,” setting the value of an event in a context that garners more attention, such as stressing event ticket scarcity because of limited space (read valuable/exclusive). A message or design that offers “disruption,” meaning a violation of expectations, naturally grabs attention (something the political sphere is proving right now), as does “mystery,” such as an intriguing headline or subject line. Of course, there is the standard attention-getter of a “reward” for attendance, either an extrinsic reward (a swag bag), an intrinsic reward (personal self-improvement), or a combination to maximize impact. The good reputations of event, exhibitors and speakers really count, too; brain research shows audiences are especially attentive and trusting of experts, for example. And, last, an experience captures more audience attention when there is “acknowledgement,meaning personalized communication and validation. Read the whole Q&A at https://www.bizbash.com/qa-the-science-of-capturing-peoples-attention/new-york/story/30966#.WTc6lGjysdV

Tech Trends to Transform 2017 Events

Meanwhile, Event Farm, an enterprise event marketing platform, has interviewed event experts to find new technology trends likely to affect event marketing in 2017 and beyond. They winnowed their findings down to five key trends. One prediction is that more events will focus on going to meet attendees instead of drawing audiences to a centralized location; Event Farm cites the example of a successful Master Card promotion around England’s Rugby World Cup finals that, rather than holding a conventional event, met fans in London subway stations and surprised them with free tickets. Virtual and augmented reality technology make this even more viable. A second trend is to have events bring the internet to life onsite, and vice versa, by letting attendees engage with online experiences, such as viral memes or videos, and thus harness their proven viral appeal. Third, marketing pros foresee that the end of an event will no longer signal the end of an experiential marketing campaign, so that marketers engage with attendees (and non-attendees) after the event via tactics such as re-purposing an event presentation or sharing “digital” event memories. Fourth, more people will use live streaming to complement events via services like Facebook Live, not as a substitute for attendance but as an attendee-engagement enhancer and driver of future event participation. Finally, it’s predicted that attendees will increasingly seek to engage with the digital and physical landscapes simultaneously; one example is the use of smartphones to help navigate through a venue. For the whole article, see http://blog.eventfarm.com/blog/5-trends-for-experiential-marketing-in-2017-and-beyond