Showing posts with label Experiential Marketing. Show all posts
Showing posts with label Experiential Marketing. Show all posts

Saturday, June 17, 2017

Our Customers? Who Cares?



On CEIR's blog, adman Gary Slack laments the tradeshow industry's thundering indifference to customers—an indifference, alas, I can vouch for.

"More than any other B2B medium or sales channel, the exhibition industry—meaning trade show producers, contractors, CVBs—is remarkably unconnected with senior B2B marketing leadership, the people who set marketing budgets and make the ultimate decisions on how much gets invested in face-to-face marketing," Slack says.

No matter where or when B2B marketers gather, you can count on the show industry to be a no-show, Slack says.

"Go to any B2B marketing conference and rarely if ever do you hear exhibition industry execs attending, much less speaking or even exhibiting. Yet practically every other recipient of B2B marketing dollars is represented, either in the audience or on the dais or in the exhibit hall, or all three."

This week is bittersweet for me.

It would have seen the inauguration of DARE, a marketing conference I planned with two partners to help bridge the gap between B2B CMOs and the exhibition industry.

We had to cancel the event 120 days out, for lack of sponsors and endorsements by show organizers.

Despite 12 months' effort to reach hundreds of tradeshow industry players, both large and small, only three suppliers—Freeman, Kubik and SpotMe—bought sponsorships before we cancelled DARE; and only one show organizer—NAB Show—endorsed the conference.

DARE sank in the vast sea of indifference to customers.

I'd chalk it up to a severe case of "fat, dumb and happy."

"As long as exhibitions themselves remain so essential to B2B sales success, maybe you don’t have to work as hard trying to grow your slice of the big B2B budget pie," Slack says.

"But by not engaging directly with senior B2B marketers at the events they attend to learn the latest, you are jeopardizing mindshare that some day may be critical to your survival."

There's a melancholic jazz song entitled, "
Due to Lack of Interest, Tomorrow Has Been Canceled."

It might be DARE's theme song—or, if things don't change, the tradeshow industry's.



DISCLOSURE: I am the managing editor of CEIR's blog. Please contact me, if you'd like to contribute content.

Saturday, June 10, 2017

The D Word


Q.
What's the fastest way to stampede a herd of exhibitors?

A. Use the "D word."

Drayage.

Its mere mention thrusts otherwise serene folks into fits of apoplexy, turning lambs into lions and Jekylls into Hydes.

"Arbitrary and greedy," they gasp. "A complete scam."

Drayage is the price a tradeshow decorator charges exhibitors to move materials from the convention center's loading dock to the exhibit space on the show floor. Charged by the "hundred weight," it increases as the weight of an exhibit does.

Exhibitors loathe the pricing scheme, wondering where it originated and why it's perpetuated.

You can blame J.W. Midgley.

Midgely was a railroad engineer in the 19th century. He's the man who instituted the "hundred weight."

The word "drayage" comes from the maritime industry, and denotes the transport of goods over a short distance, often as part of a long-distance move (for example, a pickup of goods by truck from a seaport and their delivery to an inland warehouse).

The word's also used to denote the price of the transportation.

Drayage originally meant "to transport by a sideless cart", or dray. These carts, pulled by dray horses, were used to move goods short distances (short because of the physical limitations of the dray horse). Over time, the dray horse was replaced by the delivery truck.

Pricing the service by hundred weight is a scheme that allowed operators of the various modes of transport (ships, trains, carts, etc.) to charge uniformly and treat all users fairly (farmers, for example, paid no more than ranchers, miners, or loggers to have their goods hauled). It also allowed for easy verification of the charges.

J. W. Midgley, although disavowing that he originated the practice, took credit for making the hundred weight a national standard for charging for freight hauling.

Midgley wanted to help harmonize hauling. And that's a good thing, because harmony breeds efficiency.

Runaway drayage has certainly altered the tradeshow industry, causing, most notably, exhibitors' flight to fabric. (I remember a time when US tradeshows were chock full of hardwall).

The industry players point fingers whenever runaway drayage gets mentioned. Exhibitors scapegoat decorators. Decorators scapegoat organizers. Organizers scapegoat convention centers. Everybody scapegoats labor.

But nobody scapegoats J.W. Midgley.

It's high time they did.

It's also time to put drayage into context:
  • A woman once asked Picasso to sketch her on a piece of paper. The artist complied, and handed her the sketch. “That will cost you $10,000.” The woman was astounded. “Isn't $10,000 a lot for only five minutes work?" Picasso replied, “The sketch may have taken five minutes, but the learning took 30 years."

  • Hospitals typically charge you $20 for an aspirin. That's because they "cost shift" constantly. They couldn't function if they didn't charge insured patients $20 for an aspirin, because their beds are filled by poor, uninsured patients, as well.
  • Starbucks charges $3 for a small latte, but a whole pound of Arabica coffee beans costs only $1.50. When you buy a latte, you're also paying for labor, store rent, furniture, and college tuition for 4,000 employees. The beans comprise only 20% of the price.
Exhibitors, sure, you may want to squeeze runaway drayage.

But remember: when you clamp down on one side of a balloon, the other side just gets bigger.

Thursday, March 23, 2017

B2B Events Get Hip


Expect more annual B2B events to market themselves like music festivals, according to Cramer.

Meetings once held in convention center halls and hotel ballrooms will migrate outdoors and to hip, alternative venues, offering inspired music and entertainment.

"Festivalizing" your B2B event means adding not only rad surroundings and music, but the other hallmarks of a big festival: frictionless registration, entry and wayfinding; a "choose-your-own-adventure" schedule; post-modern structures; exotic food and beverage; cause-related happy hours; playrooms and coffee houses; co-created artworks; social media extravaganzas; and event themes that celebrate coolness, community and creativity,

Festivalization's dual goals are "reinvigorating attendee bases and attracting millennial prospects, who prefer experiences, touchpoints and connections at events," Cramer says.

B2B event planners are riding a wave. According to Billboard, 32 million Americans attended a large music festival last year.

Wednesday, March 22, 2017

The Truth about Trade Shows


Last evening, I watched an old rerun of The X Files. The entire episode is a flashback to a time before FBI Agents Mulder and Scully are partners, and is set inside a trade show in Baltimore in the year 1989.

It was a kick to see how many everyday objects have changed in a quarter century. Men's suits. Women's dresses. Cameras. Computers. Telephones.

But not trade shows.

The imaginary 1989 trade show looked just like a 2017 trade show.

The truth about trade shows: they're lodged in the '80s. We still need them now, but we need them to deliver something new.

With buyers' ranks thinning, web content exploding, and pre-released products the norm, '80s-style trade shows are obsolete.

Yes, we still need to meet face-to-face, take the pulse, and wave the flag, but why "flash back" to do so?

Maybe it's time for organizers to flash forward, to think badgeless and boothless and begin to craft experiences matched to today's need to gather and do business.

The answers are out there.

Sunday, March 12, 2017

Unkind Cuts


A telling statistic lies deep within CEIR’s new report, Cost to Attract Attendees.

It could in part explain why association-owned shows have recently seen a falloff in attendance, exhibits and income.

Association organizers, according to the report, have cut their marketing spend during the past four years.

To learn more, read my post on CEIR's new blog, Event.

Saturday, December 17, 2016

Yesterday


Does your meeting need a chief experience officer?

Samantha Whitehorne answers yes in Associations Now, and identifies three roles for the CXO:
  • Attendee advocate. The exec who spots and fixes "small mistakes that could frustrate attendees."

  • Listener-in-chief. The exec who studies live audience feedback and recommends adjustments in real time.

  • Brand guru. The exec who polices branding before, during and after the event.
To Whitehorne's list of duties, I'd add:
  • Guardian of truth. The exec who goads planners to up their game.
Want the truth? Attendees have zero tolerance for mediocrity.

Salesforce.com proves that fact in its new study, State of the Connected Customer:
  • 80% of B2B customers say they expect real-time response
  • 75% say they expect providers to anticipate their wants
  • 70% say technology makes it easy to take their business elsewhere
  • 66% say they'll abandon you if treated like a number
It's easy for planners to pine for yesterday, when the audiences were pliant; the competitors, pipsqueaks; the margins, porcine. But today's audiences want more.

"Excellence, quality and good should be earned words, attributed by others to us, not proclaimed by us about ourselves," Disney animator Ed Catmull says in Creativity, Inc.

The time is now to appoint a CXO for your event.

Indeed, it was yesterday.

Monday, December 5, 2016

Face Up to the Fact: It's a Jungle Out There


I'm appalled by most tradeshows I visit.

While every other offline marketing medium has transformed itself in the past 40 years, shows have stagnated.

They hardly differ in the main from the very first ones I visited (working as a decorators' laborer) in the early '70s.

Indeed, those shows were better. Exhibitors used to unveil new products at them, and a large number displayed the products in pretty "hard wall" exhibits.

The next-level event has eluded most tradeshows,

Of course, organizers are quick to point out the medium doesn't need innovation. "Face-to-face" is all about faces, after all, and those haven't evolved much in 200,000 years.

That's like arguing the web is "all about electrons;" or direct mail, "all about stamps."

The real reason shows haven't improved lies in organizers' obsession with audiences.

"Most organizers are so focused on getting people into the venue that they have hardly skimmed the surface of understanding and influencing buyer behavior," says Stephane Doutriaux in a new white paper, The Smart Event.

Is that about to change?


Experience designers and event-tech suppliers insist it is, because the technology's costs have hit rock bottom.

I'm not so sure.

Technology doesn't deploy itself; it takes staff to oversee it. And audiences are as time-consuming to attract as they ever were, if not more so.


Time is the enemy.


But organizers need to face up to the fact: it's a jungle out there.


If you don't transform your show into a "smart event" now, you can bet a competitor will transform hers.

So get off your duff. Time's a-wasting.

When there's less of a cushion between you and failure, innovation becomes a necessity.

Tuesday, November 22, 2016

Corporate Wedding Planners Strike Back


An "aspirational" ad campaign of the late 1960s proclaimed, "You've come a long way, baby."

It took event planners a while to catch up.

But they assuredly have, as made clear by Kerry Smith and Dan Hanover's 200-page Experiential Marketing: Secrets, Strategies, and Success Stories from the World's Greatest Brands.

No longer "corporate wedding planners," experiential marketers in the 2010s have become marketing kingpins—the drivers and integrators of all the marketing "silos."

"Live experiences have ignited a marketing revolution in which brands around the world have committed to upgrading their marketing strategies, budgets, and platforms," Smith and Hanover write. "And that revolution has driven a much-needed evolution of the marketing channels and silos used by brands for 50 years."

The heart of the book lies in Chapter Four, "Anatomy of an Experiential Marketing Campaign," where the authors describe the 11 "Experiential Pillars" underpinning the channel.


"As with a great recipe in which the ingredients are blended together to create a unique flavor, these pillars work together to optimize engagement and will allow you to achieve the brand-building, value-creating, clutter-braking power of experiential marketing," they write.

They base the chapter not on hard knocks or gut feelings, but an analysis of the 1,000+ winners of the Ex Awards, the annual awards competition for live events they've produced since 2002. And the events they consider take not one form, but many, from PR stunts, in-store events and road shows, to trade shows, user conferences and sales meetings.

Reading Experiential Marketing tempted me to update my recent post, "My 5 All-Time Favorite Books on Marketing," because the book has the same quality as the "mind-blowing game-changers" I listed there.

No matter how much you've dabbled in event production, the authors give you a palpable sense while you're reading the book that you're on a path of discovery; that you're like one of those "Pioneers of Television" who's in at the inception of a powerful new medium with a yet-understood capacity to build large audiences and fundamentally reshape worldviews.


Buy it. Read it.


You've come a long way baby! by JustAnotherJester

Saturday, November 19, 2016

Your Trade Show Makes Me Sick


A trade show can amaze you or afflict you.

Most do the latter.

Consider how stressful shows are.

Exhibitors zip in minutes before opening, travel-worn, ill-prepared, and often resentful of the fact they're being denied time with their customers back home.

Attendees arrive in warmer spirits, happy to be away from the boss and harboring notions they'll be entertained. But they quickly discover the exhibit halls are about as navigable and hospitable as downtown Tokyo on a workday.

The trade show maze is the full catastrophe—and acutely stressful.

Research scientist Esther Sternberg has made a lifetime study of the connection between the built environment and the human brain's stress response.

In her latest book, Healing Spaces, Dr. Sternberg distinguishes between mazes and labyrinths.

Complexes such as hospitals are mazes, built to accommodate equipment, not alleviate illness. They trigger stress responses in patients' brains that make them sick, instead of well.

Complexes such as Disneyland, on the other hand, are labyrinths. They're built to help you walk about calmly and mindfully. They trigger floods of dopamine—the stuff that drives engagement.

"Labyrinths are calming," Dr. Sternberg says. "Mazes are stressful."

What's your trade show like?

A maze that afflicts? Or a labyrinth that amazes? 
 


HAT TIP: Bob Hughes inspired this post.

Saturday, October 29, 2016

At the Zoo

Are mammoth trade shows dropping like flies?

That's what AmEx predicts in its new 84-page report, 2017 Global Meetings and Events Forecast.


Companies' event marketing spend won't change next year, but where that money's spent will, according to the report.


Event marketers' spend will increase by 1% in 2017, while their participation in big North American trade shows will decrease by 20% (the average event marketer will participate in 8 of those shows next year, down from 10).


Event marketers will spend the money they would have spent on those big events on small, content-rich ones, instead.


Presaging next year's downturn, four flagship shows recently shuttered: ASAE's Springtime, CTIA's Super Mobility Week, FMI's Connect, and NCTA's INTX.


Which big fossils will be next to sing a swan song?


Event-industry journalist Michael Hart recently observed that, right now, tortoise-like associations are exceedingly vulnerable to their hare-like counterparts, the for-profit organizers, as more money chases fewer events.


While associations dither, "Nimble players can swoop in and launch a competing 'pop-up,' worrying little about legacy issues and more about profits," Hart wrote.


It's time for associations to give up the ostrich-act and take the bull by the horns. There's simply no time to monkey around.


Learn to ape your for-profit competitors!


Saturday, October 8, 2016

Leave a Trail


Do not go where the path may lead, go instead where
there is no path and leave a trail.

— Ralph Waldo Emerson

Dreamforce, "four epic days that fly by, but stay with you forever," concluded yesterday in San Francisco.

Salesforce once again pulled out all the stops to educate, entertain and evangelize an eager crowd of more than 150,000 users.

"Dreamforce epitomizes a new breed of user conference," says Emily He on the DoubleDutch blog.

That new breed of conference "looks beyond the horizon to build a community that focuses on honoring your customers’ and prospects’ needs and desires," He says.

Honoring attendees' desires means delivering "all of the content they care about, whether it involves your solution or not."

How many corporate event producers look past their company's present horizon?

Not many.

I know one major cloud computing company that nearly scrapped its mammoth annual event, "because we have nothing new to say."

If you lack marketing imagination, don't give up the ship. Take direction from trailblazers like Salesforce, He suggests:

Feature diverse speakers. "Think beyond your industry’s usual guest list," He says. "Your attendees care about more than their jobs, and they want to hear from people who’ll change the way they think about the world at large."

Elevate attendee engagement. Deliver a memorable experience through parties and concerts. Facilitate workshops and small gatherings throughout your event. Provide an app that lets attendees make impromptu plans to meet up and amplify their experiences through social media.

Exploit your content. Videotape the best presentations and target people unable to attend the live event. Curate event content as e-books and blog posts. Ask top presenters to join you on a road show. "While a stellar live event can be a large investment, it can be extremely effective in fueling your pipeline," He says. "A single successful event, if done right, can power your entire marketing strategy for the year to come."

Thursday, October 6, 2016

Café Culture


Halfway through Everybody Behaves Badly, I'm reminded how so many of the 20th century's big ideas were born in cafés. Ideas like DNA, the computer, surrealism and existentialism.

Conferences rarely birth more than bunches of sore butts.

But we could do better.

World Café is an effort to try.

More a movement than a method, World Café urges conference organizers to structure large-group dialog around five principles:
  • The meeting environment should be special and modeled after a café; no more than five people should sit at any one table.

  • A host is assigned to each table; she should welcome attendees by setting the context and sharing the rules of café etiquette.

  • Dialog should comprise 20-minute rounds; after each round, the groups disband and move to different tables.

  • Every round should be prefaced with a specially-honed question; questions can be repeated at subsequent rounds, or build on previous questions.

  • Between rounds, attendees should share insights and results; those reports should be captured in cartoons at the front of the room.

Friday, September 23, 2016

User Meetings: Sweat on the Walls

The landscape's littered with lackluster user meetings. How can you produce one so deliciously audacious there's sweat on the walls?

Experiential agency Cramer recommends eight steps:

Create "micro experiences" within the experience. Take a page from consumer festvals like SXSW and introduce things like rock climbing walls and Ferris wheels.

Become "one with the destination." Don't go to a killer host city, then lock your attendees in a hotel ballroom. Make your meeting a microcosm entwined with the location. Provide local musicians, performers and food.

Offer a "next-gen environment." Don't just brand the space, tie every part of it to your organization's purpose. Introduce collaboration walls and local artists who custom-make takeaways tied to your product.

Design with courage. Quirky and unexpected moments can go viral. The G2 Conference lets attendees climb above its floor, circus style, and hold meetings while suspended in chairs.

Deliver on your theme. Use a "message map" to assess every aspect of the meeting, to assure they all articulate your theme. Every physical and digital touchpoint should carry the theme.

Embrace event tech. Livestreaming, virtual reality, the Internet of Things, audience response, directional audio, and attendee tracking should all be deployed.

Cultivate communities. Think beyond "technical support." Your users want to know where their industry and your brand are heading. Offer the sparks needed to launch new communities around new ideas. Provide platforms for continued content creation, conversation and collaboration after your meeting. And be purposeful and exclusive.

Learn from startup events. Go back to your roots and original purpose. Experiment with fresh formats. Show users you're listening by treating each one as an early adopter. And, last but not least, spend wisely. Resist the big-name speakers, lavish parties and flashy moments and emphasize instead networking, conversation and opportunities to collaborate.

Monday, September 12, 2016

Digital and Events: They're Cousins


Yes, we get it: digital's hip and events are square.

But they're cousins, identical cousins all the way. One pair of matching bookends, different as night and day.

B2B CMOs know they spend 50 cents of every marketing dollar on events.

But they don't recognize, in reality, they spend even more.


John Hall, CEO of Influence & Company, recently told me an ever-growing portion his clients' digital spend directly supports customer engagement through events (before, during and after).

B2B CMOs are using online channels to drive face-to-face results; they simply don't assign that spend to the events.

That means CMOs are oblivious to the true picture.
Spending surveys don't capture it either.

In this family, the brash, hip child is gets all the parents' attention, while the shy and dutiful one goes quietly about her business. What a wild duet!


Saturday, August 27, 2016

Why Face-to-Face Works


As we all know from Star Trek, the strongest force in the universe is gravity.

The second strongest may be mimicry.


Mimicry is the reason face-to-face works—better than broadcast, direct, email, mobile, outdoor, packaging, print, PR, social, sponsorships, telephone, web, wearables, word-of-mouth, or any other marketing channel.

Like gravity, mimicry is an inborn and inescapable "hidden force" compelling us to behave in predictable ways. 

Mimicry makes us automatically imitate the expressions, gestures, postures, actions and language of people around us.

And mimicry generates trust between parties. It's why couples who share the same manner of speech are 50% more likely to date; why servers who repeat their customers' orders get 70% bigger tips; and why negotiators who imitate their opponents' postures are 500% more likely to win.

Because it builds trust, mimicry "shapes professional success," says Wharton marketing professor Jonah Berger in Invisible Influence: The Hidden Forces That Shape Behavior

"Mimicry facilitates social interaction because it generates rapport," Berger says. "Like a social glue, mimicry binds us and bonds us together. Rather than 'us versus them,' when someone behaves the same way we do, we start to see ourselves as more interconnected. closer and more interdependent. All without even realizing it."


So it's just natural this vast hidden persuader works its black magic at conferences and trade shows, deleting distrust and making us all members of one federation.

CAPTAIN'S LOG: Happy 50th, Star Trek. Live long and prosper.

Tuesday, August 23, 2016

Preaching to the Choir

Today's post was contributed by Michael J. Hatch. Mike is managing director of DARE, a one-day conference that helps CMOs leverage the spend on B2B events.

So often we hear from event-industry leaders and organizations how powerful and important face-to-face is. 

More often than not, though, they are preaching to the choir.

While attending a family wedding in Detroit recently, I heard that message delivered loud and clear in a most unexpected setting—a Sunday morning church service.

Here's an excerpt from the sermon delivered by Rick Barry, Middle School Pastor, on August 7 to the congregation of Oak Pointe Church in Plymouth, Michigan:

"I want to pause and talk directly to my middle schoolers and millennials here this morning about my sixth and final point about communications and relationships. 

"Put down your electronics! Face to face is the best way to communicate. 


"In our technology-driven world, with texting, phones and emailing so prevalent, we need to make sure we are committing to communicating face to face.

"Hands down, face to face is by far the best and most effective way to communicate with anyone. Because in face-to-face communication, we see all of the non-verbals that are missed in digital communication: we see a person's eyes; see their smile and facial expressions; hear the tone of their voice; see different emotions that are being felt; and the body language that you never see, hear or feel when texting or emailing. 


"If you find yourself hiding behind a text or email, fight that urge and try to go face to face with the person you want and need to communicate with."

After hearing this message from the pulpit it occurred to me that the event industry does not need a big-budget ad campaign to get our "power of face to face" message to mainstream America. 


Rather, we should adopt a completely new guerilla marketing strategy.

All we need to do is rally the preachers of America to deliver the message about the power of face-to-face communication and relationship-building to the millennials in church every Sunday—allowing our message to take root and rise throughout the land, and into the halls of Congress and the board rooms of Corporate America.

Event-industry Brothers and Sisters, can I get an Amen?

POSTSCRIPT BY BOB JAMES: With a little push, Mike's idea is could catch fire. Clergy often turn to online sources for sermons. Were the event industry to submit a sermon like Rick Barry's to these websites, who knows how quickly the message might spread? Influencer marketing worked wonders for the gas industry. Why not the event industry? Now you're cooking with gas!

DISCLOSURE: I am a part owner of DARE.

Sunday, August 21, 2016

Trust Issues



Where have all the flowers gone?
                                                                                 — Pete Seeger

Prerequisite to any purchase is trust. 

Yet, hour after hour, high-handed CEOs, white collar bandits and 
cagey politicos destroy customers' trust. Joining them are hordes of con artists, jackleg manufacturers, self-dealing bloggers and unsavory street marketers.

It’s no wonder companies face a trust deficit of Biblical proportions. And no wonder 8 in 10 customers turn to family and friends, not companies, to sanction their planned purchases.

To build trust, you first need to establish a comfort zone where customer engagement and conversation can begin; inside that zone, you earn trust. (The English word "trust" in fact comes from the German "Trost," which means “comfort.”)

The age-old way to establish a comfort zone was to use symbols. But, thanks to the relentless pursuit of margins, that practice has largely vanished. 

Hotels used to display fresh-cut flowers in the lobby. Banks used to build with a lot of granite and marble. Department stores used to welcome you at the door and serve tea and biscuits. And gas stations used to be staffed by attendants dressed like hospital workers.

Today, businesses no longer use symbols to build comfort zones, but rely instead on "transparency" (a notion that only surfaced with the arrival of e-commerce).

There's a huge problem with that. 

Transparency can't be the bedrock on which to found a comfort zone, because customers care about what you symbolize, not what you divulge. (Don't believe me? Think about our two major presidential candidates.)

If your business hasn't embraced symbols, hoping instead to gain trust by appearing "transparent," it's urgent to do so. And if it has abandoned symbols, it's time to go back to them.

Monday, August 15, 2016

Brand Museums: Must See Ums


Every crowd has a silver lining.
                                                                 — P. T. Barnum

Glade, Land O'Lakes, Hulu and Dove are among the brands offering customers "immersive experiences" via brand museums, Kristina Monllos reports in Adweek.
  • Glade's Museum of Feelings, which drew over 56,000 customers last fall in New York, "gave the world a whole new way to look at Glade," according to the company's CMO.
  • Land O'Lakes' WinField Crop Adventure at Fair Oaks Farms in Indiana teaches customers about agriculture—brand-reinforcing because Land O'Lakes is a farmer-owned company. 
  • Hulu's exhibitions of exact replicas of the Seinfeld apartment in New York and Los Angeles promoted the addition of the show to the company's streaming service.
  • Dove's Museum of Ice Cream in New York offers customers not only displays of frozen treats, but hundreds of "Instagrammable moments," according the museum's social media director.
Crowds, in fact, aren't the justification for brand museums. 

Social media is.

"With the ubiquity of social, I think it makes sense to do museum pop-ups now more than ever," says Marie Chan, senior director of employee engagement at branding firm Siegel + Gale.

Companies shouldn't expect a brand museum to "draw millions or go viral by itself—because it won't," says Chan. "You have to think about the pop-up museum as a touch point, or content, and you have to use whatever means necessary to distribute that experience."

Saturday, August 6, 2016

Events: Working in a Coal Mine



This week I asked a savvy agency head, Cary Hatch, if B2B marketers were really as deep down into F2F as many event-industry people claim.

Her response: "Yes, they're into events, for the sales. Events are the currency of business today."

B2B agency head Gary Slack has told me that, with the exception of digital, his own clients devote more dollars to events than any other channel.

That exuberance is confirmed by Outsells' research analyst Michael Balsam: “Digital is still king, but events play a large role when you need to touch and feel things as part of the sales process."

And according to content agency Brafton's Molly Buccini, three of four B2B marketers boosted their event spend this year.

"When it comes to bridging the gap between digital and traditional marketing activities, events are an easy way to combine forces," she says.

Something's amiss, however—despite the spend-fest. As B2B marketers continue to sink more into events, they plan and execute them without objectives, strategy, or cognizance of corporate goals.

They've done so forever, as B2B marketing research analyst Julian Archer notes: "We at SiriusDecisions currently see a familiar pattern of too much emphasis being placed upon the activity of an event and not enough on outcome."

I ask, as the lyric to "Working in a Coal Mine" does, how long can this go on?


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