The value of interacting with current and potential customers
Transcription
The value of interacting with current and potential customers
aw_eventMarketing 6/24/09 9:09 AM Page 1 SPECIAL ADVERTISING SECTION TO ADWEEK, BRANDWEEK AND MEDIAWEEK The POWER of EVENT The value of interacting with current and potential customers through faceto-face and virtual events is documented. Who’s doing it right ... and how? MARKETING aw_eventMarketing 6/24/09 5:04 PM Despite an economy still on the mend, event marketers are bringing unprecedented value to their clients. Here’s a look at some companies that are breaking new ground. Page 2 The NEXT FRONTIERS of EVENT MARKETING <Greg Szymanski SampleWerx < Lynn Randall Maritz Chris Weil < Momentum Worldwide William > Flinn Tournament of Roses Chris > Gaia Maritz S2 aw_eventMarketing G 6/24/09 9:10 AM Page 3 The POWER of EVENT MARKETING SPECIAL ADVERTISING SECTION TO ADWEEK, BRANDWEEK AND MEDIAWEEK SampleWerx distributed 50,000 adidas backpacks with sample products inside to fans at the 50th anniversary of the Coca-Cola 600 at the Lowes Motor Speedway in Concord, N.C. At left: Happy shoppers got gift bags through the MallWerx program. n these tough and challenging economic times, there’s nothing like receiving a goodie bag to help you forget your troubles. And Greg Szymanski, the president of Mundelein, Ill.-based SampleWerx, understands that truism better than most. SampleWerx, a division of Metropolitan Graphic Arts, has for the past three years distributed what the company calls TrackWerx Race Day gift bags at a variety of NASCAR events around the country. The service is a unique, turnkey event marketing approach that allows packaged goods companies as diverse as Procter & Gamble, Wrigley and GlaxoSmithKline to distribute their products to race fans as they exit the track. A level of excitement seems to infuse all of SampleWerx’s programs. For example, WelcomeHomeWerx, a service the company started up this past spring, involves a highend gift box that’s given to new home owners on the day of closing. “We’re getting a lot of brands who are interested in [WelcomeHomeWerx] because a company’s products can be put in the hands of someone precisely when they need them,” says Szymanski. Samples might come from a home improvement retailer, household product manufacturer, lawn care provider or any company that produces a product that home owners can try as they start a new chapter in their lives. The company also distributes gift bags to I more than 200 U.S. shopping malls on Black Friday, the day after Thanksgiving. As the unofficial beginning of the Christmas shopping season, it’s traditionally the busiest shopping day of the year. The samples might include items that make the shopper’s day go easier. SampleWerx has tie-ins with about 1,000 online catalogers. The company provides product samples that are highly targeted to the purchaser’s demographic and psychographic, and these are delivered in the box with the customer’s order. There’s even a SampleWerx service called RestaurantWerx, which involves small product samples delivered with the cutlery at fine eateries. GLOBAL RESEARCH These approaches are precisely what make good event marketing—whether it’s at a race track or a Realtor’s office—so successful. And that, according to the latest research from the Event Marketing Institute, is what a growing collection of marketers around the world are coming to realize. In the 24-page EventView 2009 Global study, a research project that the institute has co-sponsored for seven years, 52 percent of respondents chose event marketing as the most effective discipline for those looking to accelerate and deepen their relationship with consumers. The study goes on to report that 30 percent believe that event marketing provides a better return on investment than any other marketing strategy. To no one’s surprise, a preponderance of participants in the study cited “apprehension about the economy” as their primary marketing concern. But as event marketing’s share of companies’ overall budgets has increased from 22 percent in 2007 to 27 percent last year, marketing companies are learning the true value of face-to-face interaction with current and potential customers. Still, the study concludes, there’s more work to be done. And savvy event marketers—as well as companies such as SampleWerx that make these programs happen—will redouble their efforts to demonstrate the discipline’s bottom line-driven results. “Senior executives clearly believe that events provide sound ROI, but it’s up to event marketers to improve on this perception even further by ensuring executives’ agreement on ROI methodology and communicating those measures in language that more effectively articulates the validity and impact of the metrics,” the report suggests. “Developing more efficient communication and measurement systems are, thus, the twin imperatives of today’s marketer. Those who do so successfully will achieve greater success for themselves and their organization by becoming a force of profitable change.” S3 aw_eventMarketing 6/24/09 9:10 AM Page 4 The POWER of EVENT MARKETING SPECIAL ADVERTISING SECTION TO ADWEEK, BRANDWEEK AND MEDIAWEEK TOURNAMENT of ROSES As far as senior executives go, count William Flinn as one who does not need to be convinced of the power of event marketing. As a young boy growing up in the Philadelphia area, he clearly remembers New Year’s Day celebrations from his youth as the snow and mercury dropped outside. Inside, he recalls, the family was huddled around the set watching the Rose Parade and then the Rose Bowl football game from invariably sunny Southern California. “When I was a kid, I remember seeing those games and those palm trees in the background, and I remember thinking, ‘Wow, that would be a great place to be,’ ” he says. As it turned out, Flinn, who is chief operating officer for the Tournament of Roses, realized his dream and then some. “The Rose Parade and the Rose Bowl game have become part of the way America spends its New Year’s Day. It’s as much a part of that day as getting together with family,” he says. “And it’s also a great platform for companies to get their message out and a great marketing opportunity for them to be a part of.” That may actually be even truer this coming New Year’s than others, thanks to the scheduling gods of college football. Because in addition to being the 121st Rose Parade and the 96th Rose Bowl game, the Tournament of Roses this coming year also will present the BCS National Championship game in Pasadena, Calif. The Tournament of Roses also stages a number of events leading up to the Rose Bowl, which has famously been called the “Granddaddy of them all.” Two perennial favorites, Flinn says, are Equestfest and Bandfest. Equestfest, which happens every year a couple of days before the Rose Parade, gives fans a chance to get a close look at the array of horse breeds that will participate in the parade. Also leading up to the big day is Bandfest, a two-day celebration featuring the musicians, dancers and auxiliary performers who will play in the parade. Taken together, the events will be televised by a wide variety of outlets, including ABC, NBC, ESPN, the Home & Garden network, Tribune Broadcasting, Univision, the Travel Channel, Discovery and RFD TV, and will be seen in more than 200 countries and territories outside the U.S. The week-plus of events, many of which are free of charge, will draw approximately 1 million in-person visitors, about 300,000 of whom are out-of-area visitors who have decided to vacation in the Pasadena area to take in the festivities. And while Flinn is realistic about the effects of the economy on Americans’ personal travel budgets, he remains optimistic that attendance levels will be on par with that of years past. “Economics will always have an impact on live events,” he admits. “But one of the things to remember about economic downturns is that these are precisely the times when people are looking to be entertained. We expect the current economic conditions to have some The Tournament of Roses events are known throughout the nation as America’s New Year Celebration. Thousands line the parade route in Pasadena to see marching bands and floats make the 5.5-mile march. S4 impact. But we also know that our events draw from a wide range of demographic and socio-economic groups.” Additionally, he says, “Pasadena has become a destination location around the New Year’s holiday, and that’s exactly how we market it. Because of that, it gives marketers who are looking to get involved in our programs a lot of different levels with which to accomplish their goals. It’s a very good investment for those companies.” Flinn also contends that the Tournament of Roses events, as well as those like them across the country, fulfill a deeper purpose in the American zeitgeist. They have become, he believes, a common touchstone for the nation, a group of events that can be counted on, enjoyed and remembered. “These types of traditions, especially the ones that companies can associate with to reach a lot of people, are becoming rare,” he says. “They really are very American, and they typically revolve around a major holiday. “Events like these are something that will always be there, year after year. People can rely on them. And I feel that our events, because they come at the beginning of a new year, are about hope and fresh starts. That’s the magnet of events like these. And that’s one of the reasons why they’re so effective for marketers.” MARITZ Nearly a half-country away to the east, in St. Louis, Mo., Maritz, a firm that delves deeply into the business-to-business meeting and event marketing space, is finding that despite the fact that the U.S. economy still is in recovery mode, there are plenty of reasons for optimism. In late May, the company released the findings of a Maritz Poll that showed a sense of resignation and skepticism about the economy, but also a growing hope beginning to emerge among certain groups of consumers. The nationwide study showed that 70 percent of respondents believe the economy “will get worse before it gets better.” But nearly half— 48 percent—indicated that the U.S. economy will be stronger once it does stabilize. Demographically, the Maritz Poll showed that senior citizens, as a group, are the least likely to think the current course set out by the Obama Administration will improve the economy anytime soon. Working as a counter-bal- Targeted Solutions That Deliver Big Results SampleWerx delivers highly targeted sampling programs that bridge the gap between your brand and your target customer. These customized programs give you access to millions of consumers in a multitude of venues to gain trial and build brand equity with unparalleled results. WelcomeHomeWerx TrackWerx New homeowners need a wide range of products – from pantry and cleaning items to hardware and lawn care. Don’t wait until they’ve already moved in and have done their shopping. With WelcomeHomeWerx your products are hand-delivered at closing. Nascar is one of the most popular American pastimes, attended by millions every year. We hand out your samples as these consumers leave the track rather than when they enter – so your product not only gets into their hands, it gets into their home. CatalogWerx MallWerx Our IDR CatalogWerx program places samples and coupons into over 540 million catalog and online merchandise orders, giving you the opportunity to reach your target consumers when they place orders. If you want to reach more power shoppers at one time, MallWerx is the perfect choice. We target consumers with customized programs throughout the year, including Back-to-School and Black Friday after Thanksgiving. RestaurantWerx Our RestaurantWerx program reaches the millions of consumers who visit fast-food restaurants every year. Samples are placed in packages of plastic cutlery, so every time someone carries out cutlery with their food they carry home your product, too. Contact us at 1-847-388-3299 Visit our web site: www.samplewerx.com aw_eventMarketing 6/24/09 9:11 AM Page 6 The POWER of EVENT MARKETING SPECIAL ADVERTISING SECTION TO ADWEEK, BRANDWEEK AND MEDIAWEEK ance of sorts, the study found that the far younger Generation Y population is more apt to believe that steps taken by the federal government will “positively impact the economy over the next several years,” according to Rich Brose, director of research consulting for Maritz Research’s financial services research group. “While Americans still believe the financial crisis, inflation and energy prices will hinder the economy over the next three years, they believe the impact of these factors will not be as bad as they did in November of last year,” Brose adds. So, in an economic environment as troublesome as this one, wouldn’t it be understandable for companies and organizations to hunker down a bit, perhaps scale back on event marketing budgets? Understandable, yes. But strategically advisable? Probably not, Brose concludes, particularly in the embattled financial services sector. “While seeking to restore confidence and trust in the financial system, banks and other financial services firms have an opportunity to distinguish themselves in the eyes of their customers,” he says. “Banks should seize hold of this thread of opportunity and ensure that their communications, actions and customer experience reinforce this confidence.” With an eye on helping companies restore that confidence during difficult times, Maritz has been rolling out a suite of virtual meeting and event offerings called Maritz LIVE, which stands for Local Interactive Virtual Events. Elements of the suite—which complement and, in some cases, replace in-person meetings—are satellite broadcasting that utilizes interactive technology from private television provider Velocity Broadcasting; total virtual events, which leverage cutting-edge, online systems to help stage meetings or events without making it necessary to send staffers to far-flung locales; online meeting and video conferencing; telepresence; and hybrid faceto-face/virtual conferences. As a whole, the package presents Maritz customers with a plethora of ways to slice and dice effective meetings and enjoy the benefits of five virtual values: Cost, carbon, content, collaboration and community. Maritz LIVE, in other words, is designed to help clients reduce expenses and create greater efficiencies; lessen their carbon footprint and implement green strategies; offer new and innovative types of content management solutions, such S6 as on-demand knowledge and audience personalization; increase the interactive experience and the frequency of those interactions before, during and after the event; and introduce new levels and forms of engagement, including social networks. Those social networking opportunities, MOMENTUM WORLDWIDE Talk with Chris Weil for even a few minutes and you get the sense that the exciting times of event marketing are just beginning. Weil, as In one of its first truly Phygital executions, Momentum Worldwide helped Verizon Wireless introduce its VCast mobile music service in 2006. along with all the rest of today’s marketing tools, allow event marketers to create “a much deeper bond between the attendees and our clients,” according to Chris Gaia, vice president of marketing for Maritz. “And when you’re talking about total virtual events, it suddenly opens the whole thing up so that many more people can participate.” Gaia’s colleague, Lynn Randall, a strategic marketing and events coordinator at the company, adds that events such as virtual conventions and conferences would have been unthinkable in the not-too-distant past. But now that they’re here, they can be used to deliver enhanced payback for the clients as well as the attendees. “Unless you give the attendees what they need and what they want, they aren’t going to respond the way you want them to,” she says. “You have to use virtual events as a unique tool that can be used to craft the attendees’ experiences in new ways that will be helpful to them. “It’s really a very exciting time to be in this business because the technology allows you to do so many new and unique things for your clients. And I think that’s particularly important in this environment, when clients are looking to make every aspect of their programs as impactful as possible to the bottom line. global chairman and CEO of Momentum Worldwide, presides over what he proudly describes as the world’s first Phygital marketing agency. Phygital™ is a word Weil coined about two years ago at the American Association of Advertising Agencies’ Digital Conference. What the word represents, Weil says, is the intersection of the physical and digital arenas as they pertain to communicating a client’s brand message. “The interesting thing about event marketing and experiential marketing has always been that true brand engagement was most powerful when consumers could actually touch and feel the brand,” he says. “The only drawback was that the reach of those events was limited. But the emergence of digital has taken care of that. So, when you put those two worlds together you realize that Phygital is the thing now. It’s the interplay that makes for a campaign that rises above the expected.” Momentum’s Phygital expertise took center stage about a year ago during the Beijing Olympic Games when the company conceived, built and staffed a 16,000-square-foot pavilion to showcase the corporate brand image of client adidas. Meshing the sports apparel manufacturer’s logo of “Impossible is Nothing” with the Olympics tagline of “Together in 2008,” Momentum devised a Don’t let the parade pass you by. The Tournament of Roses® unites brands with the millions of television viewers around the world who spend their New Year’s Day sharing in the excitement of the Rose Parade® and the thrill of college football at its finest in The Granddaddy of Them All ®—the Rose Bowl Game.® Millions more will join that audience in 2010, when the Tournament of Roses also hosts the Citi BCS National Championship Game. Companies such as American Airlines, Honda, Nike and Sprint have made the Tournament of Roses part of their marketing strategy—and so can you! To learn more, please contact Wendy Matthes, Director of Marketing at (626) 449-4100 or [email protected]. aw_eventMarketing 6/24/09 9:22 AM Page 8 The POWER of EVENT MARKETING Momentum Worldwide’s event marketing strategy leads with a “Phygital” approach that communicates a client’s brand message at the intersection of the physical and digital arenas. memorable multi-media experience for Olympic visitors. At the heart of the pavilion was a spiral theater that measured nearly 300 feet in length (the world’s longest) and was composed of 760 LED panels. The pavilion was a huge success. It attracted a total of 322,956 visitors (an average of about 10,000 per day) and led to a 38 percent increase in the brand awareness of adidas. And, according to news reports, adidas had the third-highest brand recall of any sponsor at the Beijing Games. That experience—as well as many years of building fresh event marketing programs for Coca-Cola’s Olympic sponsorships—helped Momentum snag a nice piece of new business in mid-June when it was tasked with creating a citywide celebration leading up to the Singapore 2010 Youth Olympic Games. That’s got to be gratifying news for Weil, whose agency’s brand of event marketing never shies away from the edgy end of the spectrum. But even as Momentum is willing to go to new heights for its clients, the tenets of Phygital marketing are rooted in rock-solid S8 research and are crafted to produce maximum return on investment for the brands on the firm’s roster. Part of the promise of recent advancements in technology is that they enable event marketers to envision never-before-conceived scenarios for their clients. Another important aspect is that those advancements allow companies like Momentum to deliver laserlike metrics to measure the effectiveness of campaigns. Weil cites one recent example for a client he declined to identify in which the Momentum team staged a live show that was tied to the client’s brand. After the event, he says, the brand’s metrics shot up 30 to 40 percent. The show then was reformatted as a Webcast, which led to another spike of 20 to 28 percent. Finally, the presentation was repurposed as a TV show. And that bumped the brand’s scores 30 to 35 percent higher. That level of growth, according to Weil, can mean only one thing: that the campaign has used Phygital marketing to make the brand a part of consumers’ lives. “There’s no doubt that the technology has come a long way and that it gives us a lot more tools to work with,” he says. “But the real reason we’re doing this—and why it’s so effective—is that this is how consumers are living their lives now. We’re no longer just looking at events as an isolated incident. We’re saying, ‘Look at the number of dialogues we’ve started with these people.’ We’re connecting with them in a very real way.” And that connection even includes younger consumers who can sometimes look at traditional marketing approaches with a skeptical eye. “I think the next generation coming along is very interesting because they’ve been raised with this technology, and they no longer view marketing messages within various media platforms as objectionable,” Weil says. “The idea that you are selling out because you make a brand part of the entertainment is gone. If it’s done correctly and done in their voice, you can become an important part of their community.” aw_eventMarketing 6/24/09 9:19 AM Page 9 SPECIAL ADVERTISING SECTION TO ADWEEK, BRANDWEEK AND MEDIAWEEK Momentum Worldwide moving people to action It may be hard to imagine, but the word “Phygital” did not exist before June 14, 2007. That was the day that Chris Weil, the global chairman and CEO of Momentum Worldwide, uncorked it at a conference on digital technologies presented by the American Association of Advertising Agencies. The concept of Phygital™ is simple… deceptively so. It’s the marriage of marketing disciplines and tools that reside in both the physical and digital realms. And, as explained by Weil, it is the only true way to turn simple brand users into coveted brand loyalists. “Everyone is always talking about engagement. It’s the holy grail of marketing,” Weil says. “But engagement only happens in two places—in the physical space or the digital space. Otherwise, it’s just pushing messages at people.” Case in point: A few years back, the company helped Verizon Wireless introduce its V Cast mobile music service with a reunion concert by hip-hop band The Fugees at the intersection of Hollywood and Vine in Los Angeles. But it wasn’t just any concert...That wouldn’t be Phygital. In the month leading up to the live show, consumers were invited to download music and ring tones and, after opting in, Verizon returned the favor by sending to their handsets bar-coded tickets that were scanned for admission at the Fugees event. The result was pure Momentum: The concert sold out within hours, consumers were pumped to see the show, and Verizon’s V Cast had a major halo moment. Now, with a few more years of experience in planning programs by looking through a “Phygital lens,” Momentum tends to make Phygital campaigns look easy. They are not. They actually are the payoff of an arduous multi-step process that begins with an honest appraisal of a brand’s physical, digital and social assets. This step in the process, which Momentum has dubbed the “Phygital Audit,” is melded with a creative brief, consumer insights, social and environmental factors and business challenges. The end result takes the agency and client into the next step of the process, the “Phygital Aspiration.” Serving as a creative compass of sorts, the Phygital Aspiration phase determines how Momentum will shape future consumer interaction with the brand to ensure maximum impact of the messaging, as well as the parameters of what the firm describes as the “Brandworld” it will create. Throughout the planning process, the teams work with the experts in Momentum’s global Phygital R&D Lab to explore, acquire and even create technologies that will bring the Phygital Aspiration to life. “Our leaders around the world have embraced the Phygital ideal, and I have challenged them to always present ideas to the clients that live in both spaces,” says Weil. “Either it begins with a strong physical component and has digital elements that turn it into something beyond the expected, or it’s the other way around. With everything we do, we look at it through the same lens.” Momentum That unswerving philosophy led to a significant new piece of Worldwide turns business for Momentum Worldwide in mid-June, when the brand users into brand loyalists. organizing committee of the Singapore 2010 Youth Olympic Games selected the firm to manage a citywide celebration leading Above: Verizon event. At left: Coca-Cola and up to the Games. In announcing the assignment, Goh Kee Nguan, the chief adidas experiences at executive of the organizing committee, alluded to Momentum’s the Beijing Olympics. deep vault of experience developing on-site Olympic marketing programs for Coca-Cola and others. He added that “Singaporeans and visitors can look forward to a memorable experience.” ur leaders around the Which is pretty much what makes guys like Chris Weil world have embraced tick. the Phygital ideal, and I have “What our clients are lookchallenged them to always ing for is sales-driving marketpresent ideas to the clients ing opportunities,” he says. “And a lot of what we do is to that live in both spaces. Either create moments in time that it begins with a strong physical can become touch points in a component and has digital longer and deeper conversation with consumers. At the end of elements that turn it into the day, all of our ideas are something beyond the expected, designed to move people to or it’s the other way around.” action.” “O For more information, visit www.momentumww.com aw_eventMarketing 6/25/09 1:01 PM Page 10 SPECIAL ADVERTISING SECTION TO ADWEEK, BRANDWEEK AND MEDIAWEEK Creating Increased Value by Incorporating a Virtual Strategy into Your Traditional Events As a corporate event strategy, virtual meeting solutions have moved from the realm of imagination to viable options for improving reach and impact. Real business value can be created by engaging and motivating customers, channel partners and employees through the powerful combination of virtual and face-to-face meetings. t Collaboration, creating meaningful relationships inside the virtual event framework t Community, bringing people together with interactive experiences and social networking that expand the impact of the event well beyond its physical timeframe In April of this year, St. Louis-based Maritz announced the launch of Maritz LIVETM, where LIVE stands for Local Interactive Virtual Events. Maritz LIVETM is a suite of services that enables companies to successfully integrate virtual meetings and events with their traditional, in-person programs. The virtual platforms supported by these services are: “Part of what we’re doing with the virtual events is developing an environment that has some similarities to online gaming,” explains Lynn Randall, strategic marketing and events consultant for Maritz. “One of the primary anchors for Maritz is engaging the attendees with compelling content and presenting it in a way that is going to drive results for our clients.” Helping Organizations More Effectively Communicate, Motivate and Educate their Customers, Channel Partners and Employees “Improving meeting and event effectiveness through the creative use of virtual meeting options represents a significant opportunity for companies today.” t Totally Virtual Environments - on-line interactive environments t Satellite Broadcasting - custom television programming to invitation-only audiences via VELOCITY HD Broadcasting Network t Web Collaboration - on-line web meeting and video conferencing t Telepresence - live, face-to-face experiences through high quality video and voice transmission “The economy [has] opened the door for companies looking for solutions that are responsive to today’s environment, while ensuring exceptional experiences to their employees, channel partners and their customers,” says Chris Gaia, vice president of marketing for Maritz. “Companies looking to use virtual are encouraged to follow the ‘5Cs of virtual value’ as a basis for their strategy.” These values are: t Cost, through reduced air travel t Carbon, by traveling fewer air miles and reducing an organization’s carbon footprint t Content, leveraging the latest in audience personalization and on-demand knowledge Maritz services apply across all of the virtual platforms and ensure a successful connection to your face-to-face meeting and event strategy. Despite today’s advanced technologies, both Gaia and Randall stress the importance of personal interactions when it comes to meetings and events. Without that, they say, client companies will not realize the full potential of their marketing and communications initiatives. “The opportunity is for companies to create these hybrid events between the actual world and the virtual world so that they can greatly increase the value of their meeting investment,” says Gaia. “The virtual environment presents some special challenges that are not found in face-to-face events. By adding skills in the areas of virtual engagement and recognition, learning and participant research, you can create experiences that exceed expectations. So, you have to take a look at all the possible avenues today and you have to mix and match the available tools to best leverage the content in your event.” Or, as Randall says, “in-person and virtual constitute a great one-two punch. There will always be compelling reasons for people to get together and share that human connection. But virtual events allow you to reach an expanded audience and extend the event through time.” For best-in-class virtual experiences that are more effective and provide better business outcomes, strategies require a focus on: Creating Incremental Value Successful events that deliver stronger outcomes require a more complete and comprehensive approach. Virtual solutions added to traditional face-to-face strategies provide: t Lower Participant Costs t Increased Speed-to-Market t Cost t Carbon t Reduced Distance Barriers t Content t Ability to Reach More Guests, More Often Collaboration t Stronger Guest Experiences t t Community For more information, please visit Maritz at www.maritz.com, email [email protected] or call (877) 4 MARITZ. aw_eventMarketing 6/25/09 1:01 PM Page 10 SPECIAL ADVERTISING SECTION TO ADWEEK, BRANDWEEK AND MEDIAWEEK Creating Increased Value by Incorporating a Virtual Strategy into Your Traditional Events As a corporate event strategy, virtual meeting solutions have moved from the realm of imagination to viable options for improving reach and impact. Real business value can be created by engaging and motivating customers, channel partners and employees through the powerful combination of virtual and face-to-face meetings. t Collaboration, creating meaningful relationships inside the virtual event framework t Community, bringing people together with interactive experiences and social networking that expand the impact of the event well beyond its physical timeframe In April of this year, St. Louis-based Maritz announced the launch of Maritz LIVETM, where LIVE stands for Local Interactive Virtual Events. Maritz LIVETM is a suite of services that enables companies to successfully integrate virtual meetings and events with their traditional, in-person programs. The virtual platforms supported by these services are: “Part of what we’re doing with the virtual events is developing an environment that has some similarities to online gaming,” explains Lynn Randall, strategic marketing and events consultant for Maritz. “One of the primary anchors for Maritz is engaging the attendees with compelling content and presenting it in a way that is going to drive results for our clients.” Helping Organizations More Effectively Communicate, Motivate and Educate their Customers, Channel Partners and Employees “Improving meeting and event effectiveness through the creative use of virtual meeting options represents a significant opportunity for companies today.” t Totally Virtual Environments - on-line interactive environments t Satellite Broadcasting - custom television programming to invitation-only audiences via VELOCITY HD Broadcasting Network t Web Collaboration - on-line web meeting and video conferencing t Telepresence - live, face-to-face experiences through high quality video and voice transmission “The economy [has] opened the door for companies looking for solutions that are responsive to today’s environment, while ensuring exceptional experiences to their employees, channel partners and their customers,” says Chris Gaia, vice president of marketing for Maritz. “Companies looking to use virtual are encouraged to follow the ‘5Cs of virtual value’ as a basis for their strategy.” These values are: t Cost, through reduced air travel t Carbon, by traveling fewer air miles and reducing an organization’s carbon footprint t Content, leveraging the latest in audience personalization and on-demand knowledge Maritz services apply across all of the virtual platforms and ensure a successful connection to your face-to-face meeting and event strategy. Despite today’s advanced technologies, both Gaia and Randall stress the importance of personal interactions when it comes to meetings and events. Without that, they say, client companies will not realize the full potential of their marketing and communications initiatives. “The opportunity is for companies to create these hybrid events between the actual world and the virtual world so that they can greatly increase the value of their meeting investment,” says Gaia. “The virtual environment presents some special challenges that are not found in face-to-face events. By adding skills in the areas of virtual engagement and recognition, learning and participant research, you can create experiences that exceed expectations. So, you have to take a look at all the possible avenues today and you have to mix and match the available tools to best leverage the content in your event.” Or, as Randall says, “in-person and virtual constitute a great one-two punch. There will always be compelling reasons for people to get together and share that human connection. But virtual events allow you to reach an expanded audience and extend the event through time.” For best-in-class virtual experiences that are more effective and provide better business outcomes, strategies require a focus on: Creating Incremental Value Successful events that deliver stronger outcomes require a more complete and comprehensive approach. Virtual solutions added to traditional face-to-face strategies provide: t Lower Participant Costs t Increased Speed-to-Market t Cost t Carbon t Reduced Distance Barriers t Content t Ability to Reach More Guests, More Often Collaboration t Stronger Guest Experiences t t Community For more information, please visit Maritz at www.maritz.com, email [email protected] or call (877) 4 MARITZ.