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Loyalty marketing consultants in pune

B2B Experiential Marketing – When does it work?

What is experiential marketing? On the rise in recent years, Loyalty 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.

Loyalty marketing consultants in pune

Experiential Marketing Can Benefit Your Company

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1.) Experiential Marketing generates and curates content for your brand Creating unique marketing experiences for your customers creates opportunities to generate branded content which can be shared to all social channels for the brand, and shared among consumers as social currency to ultimately increase the splash of your marketing activation. Forward Mobile Healthcare App Service – Experiential Marketing 2.) Provides consumers the opportunity to try before they buy Experiential marketing is great because it can give consumers the opportunity to try your products or services before they buy. One great example I’ve seen in the past was Verizon. They setup an activation at a golf tournament which allowed consumers to try one of several phones available to make a free cellular call using their service. Experiential Marketing Agency 3.) Experiential Marketing engages consumers through inbound and outbound marketing tactics. Creating shock and awe with unique art, music, installations or experiences will definitely create a magnet to draw interested consumers. Once you have their attention, let them take part in your experience, sample your products and engage. Experiential Marketing combines elements of traditional and modern marketing efforts to craft unique experiences which in turn create memories that last for years to come. 4.) Experiential Marketing builds authentic interactions and excitement with consumers. Putting the product in the consumer’s hands is always one of the best ways to get them to remember your product and generate brand loyalty. Engaging with consumers on a one-on-one interaction means they will spend a lot more time with your brand, and your product. Positive experiences mean positive memories associated with your company. Experiential Marketing with DEG at Comic Con in San Diego 5.) Experiential activations allows your customers to interact with your products building insight for brands Sometimes great products, and thus brands are out there in the dark until a consumer can get their hands on it and interact with it. This can be one of the best ways to learn about how to improve your product. Experiential Marketing Agency based in Los Angeles, California 6.) Experiential marketing allows for brands to follow consumers You will become more effective in building online relationships if you follow others on social media and what better way than in person. Experiential Marketing 7.) Experiential can give you an opportunity to promote future events It doesn’t matter if you’re promoting a tour, an educational series, or a music performance. Your online presence needs to grow over time. Using a variety of approaches to plug upcoming events, such as posting images from previous years, sharing videos that show exclusive content like interviews and behind the scenes footage. Through generating multiple content types you will avoid making followers feel as though you’re sharing the same message over and over. Experiential Marketing Activations at Music Festivals 8.) Experiential marketing activations provide a great opportunity to monitor sentiment and online conversations. When you create a marketing experiences, you’re setting the stage for conversations and sharing to take place. So monitor these public conversations closely and see if there are opportunities to improve what you’re doing. Engagement Marketing 9.) Experiential Marketing creates significant impressions among consumers and their friends When you line up all your marketing strategies to see which generate the most results for your brand, experiential will always trend at the highest. From the consumer experience, to social media impressions. Nothing beats earned media, and experiential provides the means to create genuinely unique social content from consumers by giving them something worth of sharing. 10.) Brand experiences create positive feelings which generate word-of-mouth sharing among consumers Engagement marketing and experiential are all built around the idea of encouraging consumers to participate and engage.

PAWAN NAGAR, Loyalty marketing consultants, Loyalty marketing consultants in pune, Fieldwork Advertising, Market sales events, local selling advertisement, events Advertisement, campus branding activities, RWA branding activities, Market branding activities

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