Bringing in new customers to your local business can have its challenges, but hosting a local event for your business is the perfect opportunity to do so. If your business is holding a grand opening, having a storewide sale, charity event, or introducing new products and services, consider event marketing. There are many potential benefits offered by events, including increasing sales, brand exposure and helping you reach a target audience. Here are some ways event marketing can benefit your business.
What is Event Marketing?
Event Marketing is when a company uses an event to promote its products or services. These types of events can vary from cost-effective online webinars or live streams to in-person tradeshows and conferences. Ultimately, the event you decide to host will depend on your business goals and objectives.
5 Benefits of Event Marketing
1. Increase Brand and Product Exposure
When hosting an event, make sure to properly promote it. This can help attract media attention and get people excited and aware of the event taking place. Events are a great way to get customers and potential prospects to discover your brand and advertise your products and services whether in-person or online.
2. Reach a Targeted Audience
If your event is centered around a particular new product or service, you need to target people who are likely to be interested in that. For example, if you’re a smoothie bar, target people who are into fitness and improving their health. Narrowing your event to people who are your ideal demographic will help it produce better results.
3. Establish a Relationship with Customers
Hosting events allows you to meet and interact with current and potential customers and market to them directly. These events create memorable impressions for your customers and establish relationships that can’t be formed through any other type of marketing effort.
4. Boost Sales
The purpose of marketing is to help sell products and services. Events provide a chance to boost the number of sales by allowing customers to ask their questions right then and there. If you make a good impression then, be prepared to gain more regular customers. Make sure to track the sales of your event to measure the ROI of your marketing efforts.
5. Create Leadership and Credibility
Not only do events establish that you know what you are doing, but they can credit you to help and teach others as well.
Events give you the opportunity to interact and engage with your customers on a personal level. Now that we covered the basics of event marketing, let our team of marketing experts help you with your next event. We have the expertise to help your business get where it needs to be.
Contact Fat Guy Media today to get started!