Nov Dip - Marketing The Event
Nov Dip - Marketing The Event
Nov Dip - Marketing The Event
event journey
1. Strategic Planning Pitching
Invitation to pitch Receive Brief Interpret Brief Objectives & Mission Statement Develop Pitch Deliver Pitch & Win
Learning Objectives
After this module you should be able to:
1) 2) 3) 4) Review how events have evolved within marketing and communications Understand needs and motivations of event customers Select the correct strategic planning and measurement tools for events Conduct a market segmentation analysis to establish appropriate target markets for an event 5) Understand and apply the relevant marketing models and tools 6) Design and apply a simple event marketing plan containing appropriate pricing, promotion, place and product strategies
Introduction to Marketing Process of Marketing an Event Quiz! BREAK Disciplines for Marketing an Event Quiz! Evaluation
What IS Marketing?
EXERCISE:
Take 2 minutes to yourself and jot down a few words that you think define marketing.
What IS Marketing?
OED Definition: Marketing is the action or business of promoting and selling products or services
This is Marketing
If the circus is coming to town and you paint a sign saying, "Circus is coming on Sunday," that's Advertising.
If you put the sign on the back of an elephant and walk him through town, that's Promotion.
If the elephant walks through the Mayor's flower bed, that's Publicity. If you can get the Mayor to laugh about it, that's Public Relations. And, if you planned the whole thing, that's Marketing
Used to increase brand equity Mainly used to talk to a wider target market Tactics in ATL:
- TV - Cinema - Radio - Outdoor(posters/leaftlets etc) - Press Ads - Web (broad)
Planning Marketing
Coming up with standout from the crowd marketing ideas
isnt as simple as you may think
1. 2. 3. 4. 5. 6. 7.
What is the event? (size, timing, location etc) Why is it happening? Who are we targeting? What do our audience need? What are our event USPs? What are our event goals? How will you cut through the noise? Be creative & individual
SWOT Analysis
understand your Strengths and Weaknesses, and identify both the Opportunities open to you and the Threats Helps make clear decisions using the data you pull from the analysis Best created in groups
SWOT Analysis
STRENGHTS
OPPORTUNITIES
WEAKNESS
THREATS
EXERCISE: SWOT
Group Discussion:
- We are collectively the events agency for the EE BAFTAs (British Academy Film & TV Awards) in Feb 2014! - We need to complete a SWOT analysis to determine the reality of this opportunity?
* Volunteer to write up SWOT on board PLEASE!
PEST Analysis
PEST is a business measurement tool it looks at
external factors that may effect an event: Political Economic Social Technological It is important to aware of key external factors that could effect your event/ strategy both positively or negatively PEST is particularly useful if you are running an event in a new country or region.
Pest Analysis
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Quiz Time
1. 2. 3. 4. 5. What is an USP? What does SWOT stand for? Give me 3 examples of Above the Line? What does Through The Line mean? What does PEST stand for?
BREAK
Feedback
Positioning
Product (Event) Price (Cost) Promotion Place (Where)
Objectives
Set clear SMART objectives for your event
Specific - Be precise about what will be achieved Measurable - Quantify your objectives Achievable - Are you attempting too much? Realistic - Do you have the necessary resources? Timed - State when you will achieve the objective
Examples: - To increase awareness of the X chocolate in the South West England from 12% to 25% by June 2017. - To raise the footfall of 21-28 year old females at x music event in Scotland by Feb 2014.
EXERCISE: SMART
Take 5 mins to write down the SMART objectives on the following brief:
The BAFTAs (Assumptions): Date: Feb 2014 Venue: Royal Opera House Numbers: 1000 guests men and women 20-85yrs Attendees: Celebrities, Sponsors, Guests & Press Budget: 1million
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Feedback
Positioning
Product (Event) Price (Cost) Promotion Place (Where)
Identify clearly your target audience o Understand lifestyle: demographics (Sex, age, marital status, occupation, social grade), geographic situation, buying behavior, habits, social influences
Research/ talk to your target group: o Focus groups o Surveys/ questionnaires o Social networking sites
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Feedback
Positioning
Product (Event) Price (Cost) Promotion Place (Where)
1.Product: The Event 2.Place: Location or Venue 3.Price: Ticket 4.Promotion: The Mix 5.People: Consumer journey
5 Ps - Product
What are the event USPs? What is the creative platform? Why will your target audience go?
* *key features and benefits your customers want or need
Elevator Pitch What is the one liner that will make your event stand
out?
5 Ps - Price
What is the cost to audience? What is value to audience? What is the perceived value? Is there a price discount?
- Valuable guests (sponsors, celebs, high bidders) - Seasonal ticketing - Compete with competitors
5 Ps - Place Venue is critical to set the scene, tone and platform for
your event Audience perception of venue Logistics: - How to get there
- Layout - Site facilities and usability
Event
PR, Media Partners Post-Event Websites, Social Media, On-line mags, Blogs
5 Ps People
EVENT What does the guest see, hear, taste, sense, feel, doexperience
QUIZ TIME!
1. 2. 3. 4.
What is the acronym used for setting Objectives? What does the 1st letter of that acronym stand for? Why do we need an event marketing plan? What are the 5 Ps of Marketing?
5.
Evaluation
Evaluation
Your finalised plan is your key document for success (KPI) The plan MUST illustrate how you will convert audience interest into tangible sales (ROI) Selected marketing strategies must deliver: Quantifiable results (eg. actual reach figures delivered post event) Qualitative results (eg sentiment, POVs of consumers at/post event)
Thats It!
ANY QUESTIONS?