Event marketing tells brand story through customer experience
Event marketing is simply figuring out an experience that can tell the story of your brand, company or organization. If you have a retail location, event marketing can be an event held at your storefront. If your are a brand, then event marketing can entail throwing a party for a product launch. If you’re a nonprofit, then event marketing could be throwing a fundraising gala or concert. The common thread between all of these examples of event marketing, is that they all give your customers an opportunity to engage with your company while building community, entertaining, and potentially expanding your audience.
Event marketing can be to promote specific products, or to generate sales, or to just create more awareness about your brand. If you are a gourmet boutique, then hosting a wine tasting every month where you pair wines and foods you sell to customers is a simple way to incorporate event marketing into your brand strategy. If you own a coffee shop, then simply inviting local musicians to play acoustic sets during off hours could be a great way to build community and increase sales.
Event marketing can also be done online, now that consumers are more familiar with attending livestreamed events. If you are a startup clothing brand, or similarly lifestyle oriented brand, then you can schedule livestreamed concerts or live performances to be distributed through your social media channels. This helps your brand gain awareness, and can help you tell the story of your lifestyle company. People who engage with your livestreamed content can be re-targeted later with future products, information or events.
According to PR Newswire, “in this year's report, consumers identified ‘inspiration and meaning’ as the most sought-after quality in brands, a 200 percent increase from 2012 for this particular set of attributes. 76 percent of all consumers would rather spend their money on experiences than on material items.”
Because consumers are now looking to spend their money more on experiences than physical goods, event marketing helps your business reach potential customers, for when they do decide to make a purchase decision. Events don’t have to be cost intensive, and don’t need to be too high concept either. Figure out a small scale event that is relevant to your business, better if it can be repeated if successful. Start small, and scale from there. Your customers will be happy to engage with your business in a new way, and you might find some new business along the way.
