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Published byRoland Wiggins Modified over 9 years ago
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Events-Based Marketing New revenue streams aligned with your strongest brands. Local Media Association | April 2015
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● Grow revenue by offering more options to advertisers ● Form a better community connection ● Also great for: o Leveraging your brand o Creating new partnerships o Infusing new life into existing revenue-generating products and services o Creating buzz A Solid Match for Revenue and Audience
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● Huge (your event doesn’t have to be giant to be effective and profitable) ● Original (think partnerships) It Doesn’t Have to Be:
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● Local Media has a huge network of relationships with potential advertisers, partners, service producers and vendors ● A suite of resources at the ready ● Great awareness and knowledge of their audience ● Powerful local brands that can host events. Advantages to Local Media Producing Events:
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1. Assess audience demographics and interests 2. Look at existing business relationships Media companies need to do some reporting, research and reflection. Deciding to Produce an Event
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How are your special sections doing? “Find out what is interesting in your community – what exists that you can put an event around, and also consider what brands you have.” – Dan Hartman, Utah Media Group What Types of Events?
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● Home and living shows (including cooking and lifestyle shows) ● Bridal shows ● Women’s expos ● Family expos ● Shopping center or strip mall festivals ● Auto dealer events These Events Could Be...
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● Look at internal resources & capabilities ● Consider who in your company could handle different elements of planning and marketing ● Make sure the event coordinator is a leader and is fully committed to the success of the event Staffing Your Event
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Your event in the community is an extension of the media company’s brand. The person heading up your event should be: ● Organized ● Analytical ● Passionate ● A juggler! Staffing Your Event
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● They should be involved in planning, staffing and selling every event ● Goals should incorporate the event ● Advertising and marketing leads should work together to orchestrate kickoff planning, and meet weekly year-round to check in on deadlines and to-do lists ● They should sell sponsorships and booth packages to current and new advertisers ● Also require them to work at the event itself, staffing it in shifts as needed Involve Your Sales Staff
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● Is this event suitable for outdoors? ● No matter the event, there needs to be: o Plenty of space o Ability for vendors/service providers to load in and out o Substantial, convenient parking o Security and controllable access (if ticket purchase is required) What is Your Event Venue?
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1. Ticket sales to the public 2. Sponsorship opportunities 3. Partnerships Where’s the Money?
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● Use in-house options for marketing ● Partner up with radio or television stations ● Print promotion including direct marketing, niche publication promotion and more ● Partner marketing – make it easy for your advertisers, vendors and service providers to market, too! Marketing without Breaking the Bank
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