what are the guidelines for effective brand building events
TRANSCRIPT
What are the guidelines for effective brand-building events and
experience?
Guided by: Presented by:Prof. Sameer Mathur Smriti Mishra G.E.C Rewa
Events and experience
It is a means to become part of special and more personally relevant moments in consumers lives.
Sponsorship
Sponsoring events enables companies to obtain wider exposure for their brands and influence consumers attitude towards brands
Events objectives
Marketers report a number of reasons to sponsor events
• To identify with a particular market or lifestyle• To increase salience of company or product
name• To enhance corporate image• To create experiences and evoke feelings• To entertain key clients or reward key
employees • To express commitment to the community or
on social issues
Major sponsorship decisions
Choosing events
Designing sponsorship program
Measuring sponsorship activities
Choosing events
• Events must meet the marketing objectives• The audience. must match the
target market.• The event must have sufficient
awareness, posses the desired image and be capable of creating desired effects
Designing sponsorship program
• Event creation is particularly important skill in publicizing fund raising for non profit organizations.• Fund raisers
include fashion shows, walkathon, auctions, exhibitions etc.
Measuring sponsorship activities
Supply side methods• Focuses on potential
exposure to the brand by assessing the extent of media coverage
• It approximate the amount of time or space devoted to media coverage of event
Demand side methods
•Focuses on exposure reported by consumers•It identifies the effect sponsorship has on consumers brand knowledge.
Created by Smriti Mishra,G.E.C Rewa, during an internship by
Prof. Sameer Mathur,IIM Lucknow
www.IIMinternship.com