Published on
Oct 2023

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◗◗The future of event marketing: Exploring trends and innovations

5 min. read
event marketing, event success - The future of event marketing

Event marketing is rapidly evolving due to technological advancements and changes in customer preferences. From its basic origins to today’s dynamic and engaging techniques, event marketing has proven to be a successful tool for businesses to connect with their audience on a personal level. This essay will examine the history of event marketing and identify significant themes that will determine its future.

From virtual reality experiences to data-driven personalization, we’ll look at how these innovations change how businesses hold events and interact with their audiences. Join us as we look forward to the future of event marketing.

The future of event marketing:  Why is the events industry evolving so quickly?

Interests and information are changing faster than ever before. What was previously normal is becoming obsolete as new words and ideas emerge. Unsurprisingly, a business based on people’s interests would have to adjust as quickly as these developments.

Furthermore, when new areas of interest, entertainment, and technology emerge, the events sector must stay up to maintain bringing people together. The audience is growing more discerning and dissatisfied with events that lack organization, information, and enough space.

Event professionals are known for their ability to arrange large-scale events. They’re also becoming increasingly active in other elements of a company, like marketing and sales. What was once a little entertainment and product sales element has grown into a whole business. This new event sector also has its own set of trends and technology.

Artificial Intelligence.

AI is an excellent approach to automate some mundane tasks that will occur before, during, and after the event. Although AI can generate emails and messages for users, only the AI platform can customize them.

You may use AI to greet attendees when they scan a QR code or utilize contact-free methods to check into the event. Then, you may offer activities that AI predicts would be most interesting to each individual. AI may also deliver and customize greetings to attendees.

Virtual Reality (VR)

Getting closer to prospective customers is essential for persuading them to purchase your goods or services. While companies anticipate fresh technologies to provide a tailored customer experience, virtual reality has the potential to influence every stage of the process significantly. After all, it allows organizations to appeal to the emotional side of their target audiences, significantly increasing brand loyalty and customer lifetime value.

Virtual reality is more intimate than ever before, and it always wins. By 2025, virtual reality will be the dominant marketing trend. Customers will have an incredibly emotional experience when shopping for product brands with bright, engaging advertising.

The Future of Event Marketing

Trade Shows

Trade shows are an effective venue for building professional relationships and gathering leads. Marketers are increasingly adopting strategies for success at trade shows, such as focused consumer engagement and interaction monitoring systems, to increase their chances of success.

Exhibitors can maximize their presence at an event and accurately analyze the impact of their participation thanks to these tactics.

Personalization

Personalization at scale is tailoring event experiences for individual participants, even at large-scale events. Event professionals customize content, networking opportunities, and agendas to guests’ interests and goals using data-driven insights and innovative approaches.

Event professionals may use matching algorithms or networking tools to help participants make meaningful connections based on their hobbies, industry, or ambitions. This improves networking by ensuring guests engage with others who share their interests.

Social Media

As social media plays an increasingly crucial part in consumers’ lives, event organizers must adapt. According to a recent Eventbrite poll, 64% of attendees would choose which events to attend based on what they see online.

Utilizing social media to advertise events is a long-term trend in the events sector. We recognize that social media does not replace conventional advertising strategies like fliers or word-of-mouth marketing. It does, however, influence how individuals access information and decide whether to attend an event. Furthermore, social media remains one of the most effective tools to gauge the success and acceptability of events and ideas.

Gamification

Gamification provides an ideal opportunity to incorporate friendly competition into the event mix, driving engagement efforts and increasing enjoyment.

Leading event management software often includes a game element that allows event organizers to design challenges, such as trivia questions after a session or visiting an exhibitor booth. Attendees receive points by typing the appropriate codes into their event app. Just promote your leaders and provide some tempting, wonderful incentives.

Sustainability

We used to build technology without considering what they were doing to our environment. We are now worried about the implications of new technological advancements on the world around us. So, we discover methods to generate renewable energy solutions while retaining our current lives. The events industry is no different. It is critical to adapt and promote long-term events.

The most significant components in preparing these events are economic and climatic issues, collaborations, promotion of sustainable behavior, support of healthy living, use of responsible sources, and leaving a sustainable legacy.

Security and privacy

Privacy laws are rapidly evolving. In many areas of the globe, customer personal data is now regarded as sensitive as financial information. It demonstrates how essential we are as customers while indicating how effectively we must safeguard the data of our guests.

What personal information may we get from event registrants? How should their personal information be stored? What can we do with their information? How long will we be able to store the data on our servers? How long may we continue to send marketing emails to prior event attendees? Event organizers must use extreme caution while handling event data.

Takeaway

Since its start, event marketing has gone a very long way. Despite the issues the sector faces, it is apparent that it is evolving and adapting. The future of event marketing will be more imaginative, engaging, and individualized. Brands that can capitalize on these trends and adapt will thrive in the ever-changing environment of event marketing.

As we investigate the future of event marketing and industry trends, it becomes clear that momencio’s capabilities perfectly align with event planners’ and field marketers’ demands and goals. momencio’s extensive event planning tools, real-time information, and streamlined management enable professionals to maximize event ROI and create exceptional in-booth experiences.

 

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momencio is a revolutionary platform designed to bridge the event and sales gap, offering a holistic approach to event lead management and conversion.

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momencio - AI Lead Enrichment

Overview

The AI Lead Enrichment is a proprietary service of momencio designed to simplify and enhance the
process of capturing and enriching lead information at any type of event.

By using momencio’s mobile or tablet app, you can use the device’s camera to take a clear picture of any form of identification, including, but not limited to, name tags/event badges/business cards. Our AI-driven service leverages OCR technology to identify any information captured and map any relevant data to a contact record. The contact record is then fed to our Lead Enrichment service, which creates a more complete contact record. The process provides exhibitors with the most accurate and up-to-date contact details available.

The Reality of Event Data Collection

In the dynamic environment of event floors, achieving perfect data accuracy can sometimes be challenging. Both traditional lead capture methods using event APIs and AI Lead Enrichment strive for
high accuracy, but various factors can impact the data collected:

  • Personal Email Usage: Some attendees register with personal email addresses.
  • Name Misspellings: Minor errors can occur during registration.
  • Generic Email Addresses: Use of addresses like marketing@domain.com.
  • Broad Registration Categories: Attendees might register under general titles (e.g., Biomedical
    Student).
  • Complex Company Structures: Companies with multiple sub-companies can complicate data
    accuracy.

     

AI Lead Enrichment is specifically designed to manage these scenarios, continually learning and
adapting to improve its accuracy.

Advanced Services for Lead Enrichment

AI Lead Enrichment leverages a suite of advanced tools and services to ensure the highest quality data retrieval:

  • Machine Learning: Continuously improves the accuracy of lead data.
  • AI (Artificial Intelligence): Enhances basic information with additional details.
  • Data Enrichment: Adds valuable contact details to enhance lead profiles.
  • LinkedIn Services: Provides up-to-date professional profiles.

Our Commitment to Excellence

AI Lead Enrichment excels in providing accurate data, yet certain edge cases may present challenges. These include:

  • Private LinkedIn Profiles: Some professional details might be inaccessible.
  • Personal Email Addresses: When registrants use personal rather than business emails.
  • Small-Scale Businesses: Limited online presence can affect data richness.
  • Self-Employed Individuals: Lack of company affiliation might limit available data.
  • Event Staff Contacts: Scanned badges may occasionally belong to event staff.
  • Extensive Sub-Company Networks: Complexity in identifying the correct entity.
  • Security-Sensitive Industries: Industries like military or government may have restricted
    information.


Despite these potential challenges,
AI Lead Enrichment strives to provide the best possible data,
ensuring valuable insights for effective follow-ups.

How AI Lead Enrichment Enhances Your Event Strategy

  1. Data Capture: Seamlessly capture attendee information such as first name, last name, and
    company name.
  2. Data Enrichment: Utilize AI to enhance this basic information with additional details like
    business email and LinkedIn profile.
  3. Immediate Engagement: Send personalized follow-up emails and provide links to personalized
    microsites to maintain engagement.

     

momencio’s AI Lead Enrichment innovative technology ensures high data accuracy and enrichment, significantly improving your follow-up strategies and boosting overall event ROI.

By operating independently of event-specific APIs, ULC offers versatility across various events while enhancing your lead capture and engagement efforts.

Additional Information on Event APIs

Traditional event APIs play a crucial role in modern event management, facilitating tasks like attendee data collection and session tracking. However, there are common challenges associated with these APIs:

  • Data Delays: Delays in data delivery can affect timely decision-making.
  • Inconsistent Data Quality: Variability in data quality can undermine event analytics.
  • Misleading Event Data: Issues like duplicates can lead to inaccurate attendee estimates.
  • Limited Data Scope: Traditional APIs might miss crucial information that enhances attendee
    engagement and event ROI.

     

momencio’s AI Lead Enrichment overcomes these challenges by offering enriched data with high
accuracy, making it a versatile and cost-effective alternative to traditional event APIs.

How AI Lead Enrichment Works

  1. Data Capture: Captures attendee information, including first name, last name, and company
    name.
  2. Data Enrichment: Enhances basic information with additional details like business email and
    LinkedIn profile.
  3. Immediate Engagement: Sends personalized follow-up emails and links to personalized
    microsites for continued engagement.

By leveraging momencio’s AI Lead Enrichment, you can transform event interactions into meaningful business opportunities, ensuring every lead is accurately captured and effectively engaged

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