Sunday, July 29, 2012

Top 5 Event Marketing Metrics by Jake Jorgovan


Over the past several years, event marketing has become a more commonly practiced and accepted way to reach consumers. As television advertising dollars are starting to fall off, we are seeing an increase in budgets for event marketing and experiential programs.
The one problem that event marketers have been having over the past several years is figuring out how to track the efficiency of their events and give agencies and brands quality data. 69% of brands say that the absence of an industry standard ROI measurement model is a challenge for their organization.
“Our biggest challenge is tracking returns and thinking creatively and strategically”
- Event Marketing Executive
While there is no industry standard to measure data, EMI & Mosaic put out their 2012 EventTrack survey asking brands and agencies what the most important metrics are for campaigns. This is what they had to say.
Brands top five measurement criteria:
1. Total attendance, participation or visits
2. Leads
3. Public relations, press coverage
4. Gross sales related to the event
5. Sales post-event or experience
Agencies top five measurement criteria:
1. Total attendance, participation or visits
2. Leads
3. Customer time with product/experience
4. Sales post-event or experience
5. Facebook Likes, social media activity, posts
Now the question is, how are you going to start measuring your event programs?
*Source: EMI/Mosaic EventTrack 2012

Monday, January 3, 2011

Next Communications: 34 Unforgettable Posts for PR People

Next Communications: 34 Unforgettable Posts for PR People: "That's right, I said 34 unforgettable posts. I compiled a round-up list last year as my gift to you on my 33rd birthday and wanted to contin..."

Tuesday, June 29, 2010

Quote of the day

"Goodness is the only investment that never fails to return a dividend"

Thursday, June 24, 2010

Why you need an event planner?

Whether you are a private individual, a company, or a government entity, you can save precious time and employ an event management company or consultant. This will allow you to take your mind off the event itself and focus on your day to day obligations. The event management company will consult with you a number of times to learn your desires and requirements, and they will also be able to offer a number of ideas. You choose how much control you want to hand over.

Most of the time we choose to go about juggling different tasks together, and ending up comprising one thing for another. I always say you cannot be a jackal of all trades, and that’s why we need different people or other people to take care of needs we cannot take care of. You would rather sacrifice now for future gains, than pay later for compromising in one way or another.

It’s not just about having an event it’s about THE EVENT!

Event management is the act of managing or organizing events or functions occurring at a particular place and time.

Event management involves studying the intricacies of the brand, identifying the target audience, devising the event concept, planning the logistics and coordinating the technical aspects before actually executing the modalities of the proposed event.

Events bring people together for a common purpose and event managers or planners ensure this is fulfilled.

Event Management is a multi-million dollar industry, growing rapidly, with mega shows and events hosted regularly. The industry includes fields such as Meetings, Incentives, Conventions and Events, exhibitions, conferences and seminars as well as live music and sporting events.

Anyone interested in becoming an event planner or manager should begin the path by understanding that it is not party planning. This is the case whether you’re considering a path with social events or corporate events. The final program may appear as if the profession is about throwing great parties, but the event planning professional focuses on the rationale or goal of having an event, and whether it is achieved. If you have an appetite for challenges and would love to work in a dynamic, fast-paced environment where no two projects are ever the same, you may be well suited to a career in event management.

Clients hire event management companies or consultants to handle a specific scope of services for the given event, which at its maximum may include all creative, technical and logistical elements of the event. (Or just a subset of these, depending on the client’s needs expertise and budget).

Event managers/ planners come up with programs that address the purpose, message or impression that their organization or client is trying to communicate. The event manager is the person who plans and executes the event. Event managers and their teams are often behind-the-scenes running the event. Event managers may also be involved in more than just the planning and execution of the event, but also brand building, marketing and communication strategy. The event manager is an expert at the creative, technical and logistical elements that help an event succeed. It is a multi-dimensional profession.

The event manager plays a critical role in the planning, coordination and subsequent success of any event. This is a complex task as it often requires the event managers to assume the role of creative director, human resource manager, operations coordinator, trouble shooter, public relations officer, licensee, accountant, health and safety officer, and master of ceremonies.

With these multiple roles and significant responsibilities, event managers generally need help. Coordination and consultation with key stakeholders is not only advisable but essential if an event is to be safe and successful.

The success of events is often assessed against economic, social, health, and safety measures. The measurements generally include the impact the event has on patrons, event staff, police, emergency services and the community.

Event planners work long and non-traditional hours to plan and execute all details related to a particular event.

Examples of events include:

Corporate/ organizational Events: seminars, staff trainings sessions, political, conferences, press conferences, product launches/expo,sales sports day, breakfast meetings, road shows, grand opening events, Mergers, Company acquisition, trade shows, executive retreats, incentive programs, golf events, conventions, charitable events, donations, luncheons, dinners, sponsored walks or runs, end of year staff parties, team building sessions, retreats, award and other programs.

Leisure/ Special corporate hospitality: concerts, award ceremonies, film premieres, launch/release parties, fashion shows, commercial events, leisure sports, music, recreation

Cultural Events: Ceremonial, religious, arts, heritage, folklore

Theme Parties: Wine tasting party, bringing all continents night, dress down, dress up, Karaoke, Mr. and Miss University, branded event with known with a certain company, etc

Private/ Personal Events: Weddings, Baby showers, reunions, fashion shows, Birthday parties, anniversaries, bridal showers, Stag, graduation, proms, concerts, bachelor parties,

To be Successful event planners you need to develop the following skills:

  • Verbal and written communications
  • Organization and time management
  • Project management and multi-tasking
  • Technical knowledge
  • Self-starter and team player
  • Understand Microsoft Office applications
  • Detail and deadline-oriented
  • Time management/sensitive
  • Calm and personable under pressure
  • Negotiation , organizational, communication, problem solving skills
  • Innovative, creative, inspiring, entertainer
  • Budget management
  • Staff management advertising, catering, logistics, decor, glamour identity, human relations, study of law and licenses, risk management,
  • Marketing, advertising and public relations
  • Interpersonal skills with all levels of management

To be Successful event planners you will need to develop the following knowledge:

  • Venue selection
  • Catering
  • Production
  • Entertainment
  • Gifts
  • Transportation
  • Lodging
  • Conference Services

RESPONSIBILITIES OF EVENT PLANNERS

-Selection of an appropriate venue

- Key liaison point for your clients as well as suppliers and 3rd parties such as hotels, sound engineers, caterers and talent agencies.

-In charge of logistics

-Budgeting

-Event Design

- Audio visual production

-Negotiation with different suppliers/vendors, etc

-Marketing

-Ticket sales

-Managing people

- Offering exceptional customer service.

BENEFITS OF EVENT MANAGEMENT

For Event Planners: Exciting challenges, diverse projects

Opportunity to meet celebrities and other public figures

Freebies – see your event for free

Recognition – build your reputation with every successful event

For Organizations/ individuals: market themselves by reaching out to audience at the actual events, communicate with clients or potential clients, build business relationships, generate media coverage to reach out to thousands or millions of people by inviting audience to their events, raise money or celebrate.

THE DIFFERENT STAGES OF EVENT MANAGEMENT

The early stage

  • Site surveying
  • Client Service
  • Brief clarification
  • Budget drafting
  • Cash flow management
  • Supply chain identification
  • Procurement
  • Scheduling
  • Site design
  • Technical design
  • Health & Safety

Closer to event-later stage

  • Health & Safety including crowd management,
  • Logistics
  • Rigging
  • Sound
  • Light
  • Video
  • Detailed scheduling
  • Security

CAREER OPPORTUNITIES IN THE EVENTS MANAGEMENT SECTOR

Event Management, Event Management Consultancy, Hotel, travel and hospitality Industries, Advertising Agencies, Public Relations Firms, Corporations, News Media, Non-profit organization, Integrated Marketing & Communications, Event Budgeting and Accounting

The different software’s available in events management: Online Event Registration, Event Marketing Tool, Hotel Booking Tool, sponsorship donation forms, Travel Booking Tool, Budgeting Tool.

Tips on event management

Here are some tips to plan your Ground-breaking and Signing Ceremony!

Any events needs detailed planning and achieve results. Here are some tips on how to plan a successful event.

• Before you start you need to have a theme of the event. After the theme is confirmed, you might want to host a meeting to brainstorm the theme, target audience, guests list, guest of honor, budget allocation, etc.
• Develop a purpose to accomplish for this event, to gain maximum publicity and exposure from the international industry players in the chemical industry, investors, public and media.
• Develop a budget for this event.
• Logistics planning. Check about liability or safety issues that may impact your event. Prepare A Risk Management Agreement for this event.
• Identify human resources and materials essential for the event.
• Identity a date, time and venue for your event. Book venue and any technical audio-visual equipment you might need. Plan and make contacts with the media and governmental bodies.
• Follow-up discussion meetings regularly.
• Assign specific departments to handle specific responsibilities and assignments.
• Check with key resource person a week before the actual program to confirm everything is in place. A dry run is needed three days before the actual event day.

Last but not least, strategies for media relations and presentations, Also supporting collaterals, like invitation cards to be printed with company’s logo, address and contact numbers. The design should be simple, elegant and consistent with company’s corporate identity.

Invitation list needs to be complied and submitted, 4 weeks before the actual event.

Have the best event ever!