B2B Experiential Marketing – When does it work?

What is experiential marketing? On the rise in recent years, F2F Marketing consultants in pune and experiential marketing is all about customer interaction with your brand. It offers a unique experience with products or services, allowing customers to get a feel for how they would use it in their lives. For years marketers have been trying to get customers to use and trial their products. In this way it’s not a new concept; there have however, certainly been some innovative spins on how it’s done. Let’s look at experiential marketing, how it can work for B2Bs and some of the ways it can help build your brand.

Emotional + Experiential Branding = Experiential Marketing The two elements that underpin experiential marketing are emotional branding and experiential branding.

Emotional branding: is about building the relationship between your brand and customers. Promoting emotional benefits like brand trust, security and credibility as a result of engaging with your brand is crucial. Experiential branding: designs and creates interactions that are sensory in nature, which emotionally influences preferences, shaping brand perception, and influencing satisfaction and loyalty. An excellent experiential marketing campaign is able to fuse both elements seamlessly together. Experiential Marketing for B2Bs In recent years interest in B2B experiential marketing has grown and some of the initial hesitation surrounding it has been replaced with a working understanding, when to do it, and how it stimulates ROI. For B2Bs, experiential marketing is generally less obvious, with the focus often on services (for example) in place of B2C exciting product launches. Oftentimes the B2B budget is also stretched. However we are seeing marketers begin to recognise the potentials that the experience can offer consumers. “The success of brand experience within the B2C market has not gone unnoticed, and B2B marketers are waking up to the potential of brand experience. However, there is a long way to go before they catch up with their B2C counterparts.” – Graham Ede, Ion Group 3 Examples of B2B experiential marketing Location with B2Bs can be one of the major barriers, and while it may not be easy to do experiential marketing in quite the same way as B2C, there’s certainly room to employ some of the same principals. Creating sensory interactions that promote core feelings of trust, and awareness of your product or services is central to this. Fulcrum marketing in public spaces – Linked with experiential, some marketers use a form of Fulcrum marketing. They tend to hold this drive in places where there are high concentrations of business buyers. Branded promotional staff can offer business people the opportunity to enter in a promotion, or sign up to attend an event whilst promoting the benefits of the product. demonstrations & reward – as part of a targeted marketing strategy, those in the IT space can offer information via webinar or video, which can showcase some aspects of the technology solution. Some marketing and web-based tools such as offer a free trial period, together with online coaching via Skype. This allows the user to build confidence in using the tool, and to experience all of the benefits of the trial period. At the end of the trial period (7 days), the participant is given a report with feedback on how well they have used the tool. Then they are awarded a certificate. Surprises and games – Surprising customers by showing up where they least expect you, gifting them, or sending them a card is a way to provide an out of the box experience and drive brand awareness. Another option could be to exhibit at a partner’s event as IBM did. Their interactive stand came complete with a candy bar, and plasma screens which posted live tweets from event attendees. Digital technology such as apps and games are also opportunity areas, and while often costly, look set to become more widespread and affordable in future. Experiential marketing reflects the growing importance of emphasising emotions to build successful brands. Digital media offers expanding opportunities to offer such experiences. In the ever-competitive B2B marketplace, it’s no longer enough to rely on traditional modes for lead generation. B2B marketers need to consider the complete kit that is available to them including; social media, mobile, search, paid advertising, print, telemarketing and increasingly placing emotion at the heart of it all with an experiential approach.

F2F Marketing consultants in pune

7 Reasons Your Business Needs an Incentive Travel Program

Many businesses still don’t think they can afford an incentive program. But when you look more closely at the many benefits of creative travel rewards tied to employee performance, it’s clear that most businesses can’t afford not to have an incentive travel program in place.

1. Inspire your employees

Hopefully your employees find enjoyment in their work. Maybe they even find fulfillment. Even so, a creative incentive travel program always gives employees something extra to strive for when they’re tempted to fall into a rut. When employees know that their company is ready and willing to reward their hard work, they don’t feel like they have to do their best—they want to.

2. Get more bang for your buck

Nobody is going to complain when they receive an extra check from their employer, but that check will likely be saved or put toward living expenses. In other words, cash is boring. For the same amount—or almost always less—you can give your employees the gift of adventure, romance, and friendship. Through incentive travel, you connect with your employees on a much deeper level dollar-for-dollar than plain old cash.

3. Reap the rewards of higher performance

What behavior do you want to encourage in your employees? How can you measure it? Incentive programs are often tied to hard sales numbers, but they can also reward more intangible employee contributions such as excellent customer service, punctuality, and positive energy that can be measured by performance reviews from peers and supervisors.

4. Help your employees work together

When children play with one another at recess, they are also learning how to interact with one another. The same is true of adults when we socialize together, albeit on a more sophisticated level. Traveling affords employees who may only know one another in a more buttoned-up context countless opportunities to bond and develop their relationships. When they get back to the office, they find that their communication has improved as a result of mutual appreciation and respect through their shared experiences on the incentive program.

5. Boost the health of your employees

Even the biggest workaholics need a break to recharge now and then. Corporate travel allows employees to celebrate their successes together as they catch their breath and unwind. It’s a very healthy way to achieve psychological and physical well-being, and it translates into continued growth and success when they return to work — continuing their effort to contribute to the corporate goal.

6. Increase employee loyalty and retention

Every aforementioned benefit will improve your employees’ attitude and morale. Many more of them will not want to imagine leaving the company and will do everything they can to contribute their talents to the company’s success.

7. Turn employees into evangelists

When people are enjoying themselves, they can’t help but share the love. Particularly in this age of social media, employees are going to post pictures, videos, and status updates that do more than show off their tans—they show off your company’s dedication to its employees, as well.

Store Activation, F2F Marketing consultants, F2F Marketing consultants in pune, it parks Marketing, Kiosk sales, Rural engagement activation, , campus promotion selling, RWA promotion selling, Market promotion selling

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F2F Marketing consultants in pune

F2F Marketing consultants in pune

7 Reasons Your Business Needs an Incentive Travel Program

Store Activation, F2F Marketing consultants, F2F Marketing consultants in pune, it parks Marketing, Kiosk sales, Rural engagement activation, , campus promotion selling, RWA promotion selling, Market promotion selling

Fulcrum Resources

Call Us :+91-8484008961
Email:- info@fulcrumresources.in

F2F Marketing consultants in pune

7 Reasons Your Business Needs an Incentive Travel Program

Store Activation, F2F Marketing consultants, F2F Marketing consultants in pune, it parks Marketing, Kiosk sales, Rural engagement activation, , campus promotion selling, RWA promotion selling, Market promotion selling

Fulcrum Resources

Call Us :+91-8484008961 Email:- info@fulcrumresources.in

Call Us :+91-8484008961
Email:- info@fulcrumresources.in