Is Your Brand Ready for Experiential?
Clients always come to us wanting to make an impact and connect with consumers. Experiential marketing is our bread and butter at Motus Experiential, and we are passionate about creating truly and utterly customizable campaigns. Unlike TV, print, OOH, etc., experiential marketing allows you to take a business problem for a client and custom tailor a solution to meet a specific need with control over how a consumer will engage with it and how you will reach them. You can target a particular audience and get them in a way that will capture their attention. In addition, 98% of consumers feel more inclined to purchase after attending an activation (EventTrack).
Experiential marketing connects with consumers emotionally, which is highly effective in the long term. It stops people on street corners and allows brands and their offerings to be touched, consumed, measured, and discussed. But you shouldn’t just jump into an experiential campaign without first considering some key factors. First and foremost, ask yourself: Is your brand ready for experiential marketing?
Make Sure Your Timing is Right
Incorporating activations into your marketing schedule strategically is key. Make sure to give ideas some breathing room by allowing time for planning, production, promotion, permitting, etc. Rushing to get an activation off the ground that you don’t have time to promote via the proper channels isn’t going to reach its full attendance potential, for example. Similarly, themes for your events should align with the product/service you are promoting as well as the season. So, even though you may not want to sit on an idea that feels oh-so-good, timing really has a whole lot to do with the success of an experiential campaign.
Do you Have the Budget for It?
Thankfully, dollars go far with an experiential marketing campaign compared to TV or print. Unlike other forms of marketing, experiential marketing is more about the quality and depth of an experience than the amount of impressions you get. Take the time to plan, and partner with someone who will get it right. A marketer should also clearly grasp what their client is comfortable investing in a campaign. A big idea often goes hand-in-hand with deeper pockets. Selling in a campaign with all the bells and whistles, on-site staff, premiums, promotion, etc., is undoubtedly attractive. However, stick to a more minor, targeted activation if money is too tight for a higher-level investment. Or, you may want to wait until you have the proper budget for that big idea.
Campaign Strategy and Brand Value Align
Other factors that will lead to success include a campaign strategy that closely aligns with a brand’s current marketing strategy. A buzz-worthy experiential activation is ultimately the end goal, but if the content doesn’t align with a brand’s mission statement, you aren’t going to truly unlock the full potential of an activation.
Defining Success
Your return on investment is the most crucial piece of the puzzle, so setting a goal upfront is vital. What does success look like? How will you measure? Even the most impressive activations don’t always translate to the bottom line. So, while your audience is astounding, making a profitable investment is most important.
Finding the Right Partner
Finally, the success of an experiential campaign (or any marketing strategy) relies on a willing client and a skilled marketer. A brand (or even a marketer at that brand) with a history of successful activations will see the value in the investment. This makes things easier — i.e., creatively giving the agency more leigh way. That’s not to say that a brand shouldn’t hop on the experiential bandwagon for the first time; it must start somewhere! We’ve guided many clients down that path. But make sure the partnership feels right. A brand that doesn’t trust its partner agency’s leadership and expertise should disappear.
Bottom line? Before you invest financially and allocate the manpower to launch an experiential campaign, you must ensure you have the right plan to execute successfully. A cohesive partnership between a client brand and their agency is the first step, in addition to a clear understanding of brand strategy and budgets. The timing is also essential to ensure a genuinely impactful experiential marketing campaign. When you get it right, there’s nothing like a tangible brand experience to create a lasting, memorable impression for a consumer and a stellar ROI.