The two primary reasons why people don't show up to your events are either because they're not interested or they don't know about your event. While promoting an event, there are methods that can be used to ensure that the event gains the maximum response and also that event is managed in the minimum cost possible.
It involves studying the complexity of the brand, identifying the right target audience, developing the event concept, planning the logistics and coordinating the technical aspects before actually executing the modalities of the proposed event. It has now become a popular form of delicate marketing techniques. Companies are widely using events as an effective advertising tool to promote their products and services. Events are core part of the marketing mix strategy for many companies now a day. Events have become as popular as traditional tools of advertising and more and more companies are adopting these tools.
Event marketing encompasses a wide range of event types from exhibitions and trade shows to publicity stunts, themed and corporate entertainment. Events can be used to perform a number of marketing functions (for example communications, relationship and loyalty building, database compilation, targeting, brand enhancement and personal selling). Event marketing is not, therefore, merely another form of promotion but a new way of marketing which fits well with society's demands in this new millennium. It has the ability to deal with small groups or individuals, to be customized, to create interactivity, involvement and interest and to cut through the clutter of other competing brands.
- Branding company's core products and services.
- Expanding marketing place.
- Increasing sudden Sales.
- Educating partners and other purchasing Agents.
- Keep yourself up to date about competitors, market, analys etc.
- Announcing New Products or Services.
- It act as a two-way conversation which is better than mono-directional broadcasts.
- Establish or reinforce brand awareness and industry prominence.
Why you need it: