TOP TRENDS DRIVING EVENT MARKETERS IN 2015

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Top Trends Driving Event Marketers in 2015 Kristin Waters | EVP Global Accounts | Opus Agency | 15Q1

Transcript of TOP TRENDS DRIVING EVENT MARKETERS IN 2015

Top Trends Driving Event Marketers in 2015Kristin Waters | EVP Global Accounts | Opus Agency | 15Q1

HERE’S WHAT’S COMING IN 2015The new year embodies a sense of optimism and energy. It’s the time to start fresh, move fast, and make no small plans. In that spirit, we wanted to know what’s on the minds of some of the most influential players in event marketing.

We asked them to discuss the trends, large and small, that are driving their decision-making for 2015.

THE INTERNET OF THINGS, BIG DATA, AND THE GOLDEN RULEThe internet of things and cyber security are top concerns. Consumers unknowingly give away privacy rights for technology convenience. (I’m being generous by saying “unknowingly.”) Big data is amazingly powerful in terms of the potential to solve real human problems, but it’s also amazingly intrusive when used to understand my buying traits.

As a marketer and a consumer, I know that good experiences build incredible loyalty. We need to bring back the Golden Rule.

Generation Next inspires me—smart, talented, social minded. They will fix the world.

Pop culture? Social media is giving everyone their 15 minutes of fame, deserved or not! I still don’t understand the attraction of the Kardashians. Am I the only one?

Sandra Toms LaPedisVP, Corporate and Experiential MarketingRSA, the Security Division of EMC

ROI AND CRM INTEGRATIONFor a long time, Intel did events as brand-building and thought leadership investments. Since the economic downturn, with attendance back on the upswing, we’re really focused on events as a business opportunity, as well as continuing to build the brand.

Intel is not like other companies that can have direct sales right there on the show floor, so we have to find ways to turn that two-to-three day event into a more extended experience—and to do that without overwhelming people’s in-box.

To accomplish that, we’ve integrated the attendee engagement data from our events into our CRM system, and even in the couple of months

since IDF in San Francisco last September, we’ve seen qualified leads turn into closed business. That’s the kind of ROI all of

our events need to be demonstrating.

Mark ErwinMgr. Intel Developer Forum

Intel Corporation

EVENT CADENCE, DATA AND AIRBNBSitecore and our marketing events are growing very quickly, so my focus is on establishing the structural foundation that we can build on as we grow.

In the past, our largest event, Sitecore Symposium, had North American and European events on a yearly basis since 2010, with the exception of 2013. We are looking to further increase the impact of the event and are re-evaluating our overall strategy. Listening to our attendees’ needs and preferences is critical, we will use their feedback to ensure that we are giving our stakeholders the best experience possible. In addition, we will need an event strategy that will meet the needs of our field sales and marketing teams. We need to provide them with the brand experience and messaging, and the tools and infrastructure to reach their customers.

From a data perspective, we’re tying our session scanning into the Sitecore platform —which provides us valuable real-time data and serves as a great case study for how our platform can be used. In 2014, this was preliminary, but there’s big potential for expansion there.

One other trend I’m watching with curiosity and caution: We’ve seen attendees using Airbnb, which cut into our room block requirements and resulted in attrition charges. This could have serious impact on budgets.

Wendy YamagumaDirector, Global Strategic Events

Sitecore

PERSONALIZING THE EXPERIENCEPerhaps the biggest trends that I see facing event marketers today are in making events feel intimate and very personal. Especially with large events, event marketers want to help attendees feel that their experience has been tailored to their needs, that they will find the people and information they need and that their valuable time at an event is spent in the right places.

Event marketers doing this well are creating personalized content libraries for attendees, creating smarter, more customized scheduling tools and providing opportunities to connect people with one another at their

events. Having an attendee come away from an event feeling that they were noticed and their experience was tailored to their needs

strengthens their connection to the brand and makes their experience more valuable to them.

Joe EnglishChief Creative Officer & Futurist

Event Futurist

HYPER-PERSONALIZATION AND HYBRID MEETINGSFor almost a century, Hilton has been guided by the underlying principle that people need, desire, crave human interaction—and the Customer Experience is at the heart of that sentiment. Increasingly, we see this experience driven by individual needs, which has led to the hyper-personalization of events.

We expect that trend to intensify in 2015, with a more concentrated focus on Hybrid meetings, utilizing new technologies and social media tools to enhance and customize the meeting experience, like the updated Hilton HHonors or Conrad Concierge mobile apps.

That trend extends beyond our events into our core business, with guest-focused hotel brands and offerings, like recently-launched Canopy by Hilton —a brand that takes the emphasis off of capital-intensive, high design to focus on delivering exactly what the guests desire: A comfortable stay with more included value.

Lesley BrasescoManaging Director, Sales Effectiveness, Americas

Hilton Worldwide

SPLIT TRENDS, BIG DATA, AND ROIWith Symantec splitting its Security and Information divisions, it’s no surprise that “Split Trends” are at the top of my list. I imagine it’s having an impact on HP folks, as well. There are rumors that several other large companies in the tech industry are also considering splitting up into smaller, more agile organizations. I’m not sure how this might affect the landscape for event marketing, but I’m anxious to see.

Aside from that, I think we’ll see increasing pressure to leverage and analyze the vast data being collected in order to provide smarter and more customized experiences for our customers, partners and prospects. This should also be heavily utilized in audience acquisition and communications.

As part of the big data trend, the demand for delivering tangible ROI/results/sales as a result of our event marketing investments will only increase in the coming year.

Our team has hired a contractor to help us with the analytics around the leads we capture at events—monitoring the performance of those

leads over time, as well as better understanding our audience demographics to build relevant content and activities to

enhance our customer experiences.

Karen F. ZunkowskiDirector, Global Event Strategy & Services

Symantec Corporation

DECLINE OF THE INTERMEDIARYA number of social and technological trends are converging to bring focus on the value— or lack of value—of intermediaries. Those trends include the digitization of everything, the raised voice of both the “promoter” and the “detractor,” and a growing equality of distribution via communications, sales/manufacturing and social channels. The music industry, for example, has been transformed by the ability of any musician or singer to create and distribute a song to the masses with no intermediation from a record label, retail store, or radio stations. That’s equality of distribution. Intermediaries are no longer needed to produce or curate or package or distribute.Music is an example of a more obvious transformation. But as more and more things are digitized (from words to media to things) and can be output or consumed in more and more places (the billions of smart devices, 3D printers, expanded internet access globally), the outlook is not promising for intermediators. The role of the “middle man,” once a source of profit for many, may be on its way out.In the events world, we have to consider our role as intermediaries between our brands and the attendees. We have to adjust and reaffirm the value we’re serving, because it’s now technically, economically and socially attractive for our “audience” to create their own event. The audience that makes up the social hierarchy of a particular market now has the control to build their own community, create their own content, and stage their own events. That will happen when they become sufficiently motivated by economics, pride or anger with intermediaries that don’t serve their needs.

Scott SchenkerGeneral Manager, Worldwide Events and Microsoft Production Studio

Microsoft

Founder JanusDialogs.com

ART, MUSIC, IMPROV AND CANNABISCharles Schwab is always looking for ways to create unique experiences for our best customers. At our Impact 2014 event last November, we wanted to elevate The Exchange beyond a typical exhibit hall. So, in addition to the three Showcase Stages for educational presentations by exhibitors, we added the X-Stage with a lineup of speakers in a fun, informal setting—we had art and music, improv and craft beer, even a presentation about cannabis (we were in Denver).

We also had dining embedded throughout the show floor, included two large bistros and a private dining room. And we made the meals longer with a “Lunch ’n’ Learn” format.

We succeeded in getting people to come and stay in the room. Exhibitors had a chance to interact with attendees outside the

booth, and in more engaging and meaningful ways.

Ellen BullockEvents Director

Charles Schwab

INSIGHTS, STORYTELLING AND MASS-CLUSIVITYI think our biggest opportunity is to gain insights from our data. We have done an amazing job at measuring and collecting data for many years, but what can we learn about the attendees based on their history of engagement with us? Are we seeing a shift in demographics at our events? How does that affect the way we produce and deliver content?

We will also spend more time on storytelling and experiences and trying to provide a customer journey through our story that is right for each customer’s business needs. How do you customize experiences for the masses? Providing “mass-clusivity,” if you will.

Liz LathanMarketing Director, Events

Dell, Inc.

DEMAND FOR OUT-OF-THE-ORDINARYThe face-to-face meeting continues to be a fundamental component in keeping customers engaged and winning new business. As the industry continues to bounce back, we are seeing a demand for out-of-the-ordinary options for groups as a factor in choosing a business location.

We love this trend because Las Vegas is not just a destination, it is an experience. Event planners can capitalize on the excitement only Las Vegas can deliver by incorporating entertainment, fine dining and unique venue options into their agendas. Las Vegas is also a globally recognized brand, and we are seeing an increase in international attendance—up to 30 percent of total attendance for some of our largest conventions and trade shows.

Chris MeyerVice President of Global Business Sales

LVCVA

3D PRINTING, AUTHENTICITY AND CUSTOMER SUCCESSWe live in a BuzzFeed world of Top 10 lists and memes that look and sound like trends, but don’t really affect our business. I like to watch for things that have been building for a few years and appear to be close to a tipping point where they’ll really have some impact. Here are some observations.

3D printing is so practical, and now that prices are coming down on the printers, I think we will see some really innovative applications this year. We recently used a 3D printer for a client event and attendees were very engaged.

As the father of teenage daughters, I’ve been watching the growing awareness and backlash against Photoshopped beauty in the media. It seems like part of a broader social demand for authenticity, and I think that affects our brand and the brands we work with. There’s no tolerance for marketing spin—you’d better be what you say you are.

In the business world, I’m noticing an evolution around customer experience. For several years now, “customer experience journey” has been tossed around so much that it’s starting to feel cliché. Some of the most innovative brands we work with have evolved their thinking, with results-focused language around “customer success.” This is something I love to see, especially since customer success has been the keystone of the Opus mission statement for years.

Monte WoodPresident

Opus Agency

Opus Agency provides event marketing, management and production solutions to Fortune 1000 companies. Since 1993, we have been a trusted adviser to a diverse group of customers creating unique, high quality events. We design, plan and execute brand experiences that accelerate results and enable customer success.

Our passion for customer success drives every aspect of our business—our amazing people, the values they share, and our best-practice methodology. We call it TeamCS—the Opus Customer Success Platform. We would love to show you how it works!

Kristin Waters, EVP Global Accounts, is focused on bringing clients to the next level strategically and assuring that their goals and objectives are met. She oversees the Account Management team and customer relationships.

Kristin joined Opus Events Agency in 1999 as an event manager for a variety of domestic and international events, including high-level, customer advisory boards, seminars, conferences, roadshows, incentive groups and large galas.

Kristin is an avid University of Oregon football fan and graduate. She resides in Southern California with her husband and three children.