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Challenge for Events & Exhibitions Embracing an Online WorldJuly 14, 2009![]() Events and Exhibitions have made slow progress in embracing the power of the Internet economy. What are the challenges faced by their organizations in fully leveraging the power of Social Media? Historically, technology upstarts have had a hard time providing immediate tangible value for the show floor. Most show producers had trouble understanding how a Twitter account could generate closed deals. Brand managers had to overcome the wall of doubt from show organizers as new media marketing slammed into the chaotic culture of the show environments. But does the increasing adoption of these solutions warrant another review? Often online registration is considered the really last big software innovation that changed the way show managers and event planners conduct business. Yet there are possibilities that the latest social networking solutions can enabled new opportunities and solve some of the challenges faced within our industry. For example, can these new tools reverse the trend of audience attrition? Or recruit new exhibitors at a much lower cost. There are examples of success derived from becoming more directly connected to audiences and exhibitors. Show management must learn how to emphasize the delivery of timely, intelligent information to their community. The result? Smart Social Media strategies enable attendees to become better informed and leverage collective information for their own use. This in turn creates loyalty and participation that ultimately yields in increased audience sizes. Even the business models for Exhibitions is changing for corporate event marketers, based on these an economically challenged times. To some, Social Media is becoming a powerful alternative to face-to-face marketing. To others, Social Media is a strong complement to the events. What does the future hold? What are your thoughts? Does social media complement or replace face-to-face marketing? Posted by Stephen Nold on July 14, 2009 | Comments (21) Industries: Associations, Conferences, Events, For-profits, International, Management Update, Meetings, People, People, People, People, Production Technology, Suppliers, Technology, Tradeshows, Tradeshows
July 15, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Mark Norman commented: Stephen...I am a big proponent of social media and I would say that in many cases NO for replacing it but a big YES to complimenting it certainly with the over 30 crowd but with the Millennials it is probably just the opposite. The other key factor is what product are we talking about?
July 15, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Craig Kessler commented: No...offline strategy and technique are just as important, whether it is through traditional media or face to face contact. Social media is a great compliment to it like Mark mentioned. It's a great way to establish those contacts online so by the time you can hopefully meet offline you will already established a connection, furthering the contact.
July 15, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World STEPHEN NOLD commented: Mark,
July 15, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Amanda Batson commented: Great question! Social media can both compliment and complement f2f marketing.
July 15, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Jennifer Bourn commented: I believe social media can never replace face-to-face marketing and networking. But it can be a great asset to facilitate stronger connections and new connections.
July 15, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World STEPHEN NOLD commented: Craig,
July 16, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Cathy Breden commented: Stephen - I think you know my position on the question posed. Digital media is a complement to the face-to-face exhibition and when used properly with a comprehensive media strategy is a powerful tool. It creates additional touchpoints and can be effective in lowering barriers to entry for both exhibitors and attendees. Two studies conducted by the Centre for Exhibition Industry this year, demonstrate that both organizers and exhibitors see the value of digital media, with 51% of organizers integrating digital media tactics, and 37% of corporate brand side marketers doing so. These %s will increase substantially over the next year. Now we need to gather success stories and share those stories on how both brand side marketers and organizers have been successful in increasing business performance by using digital media strategies.
July 16, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Scott Young commented: Great thoughts Stephen!
July 16, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World STEPHEN NOLD commented: Cathy,
July 16, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Bob Stewart commented: Both replace and complement.
July 16, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Kare Anderson commented: Exhibitors are more likely to become avid users of social media, methinks, not by advising them they should use Twitter, Facebook, etc. but by citing the biggest needs of exhibitors and then suggesting specific ways to use a social media tools to help them solve a problem or capture an opportunity.
July 16, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World STEPHEN NOLD commented: Bob,
July 16, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Scott Young commented: The social media explosion offers great opportunity but it also creates some new challenges for the executives charged with implementation.
July 16, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Elaine Lee commented: There is ABSOLUTELY no substitute for a face-to-face meeting, even in today's social media crazed world. But it definitely can add value to your marketing strategy when you employ both methods.
July 16, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Taylor Ellwood commented: it complements it, allowing you to build stronger relationships and stay visible to potential clients, as well as networkers
July 16, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Cliff Allen commented: One of the main ways people use social media is to arrange face-to-face gatherings.
July 17, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Dave Lutz commented: Stephen, I think SM can either complement or hurt a F2F event. If you have a show that delivers positive experiences and participants talk about it on SM channels, you're going to benefit. Conversely, if they are inconvenienced or disappointed, SM is going to hurt your event.
July 19, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Rich Westerfield commented: Re: "Most show producers had trouble understanding how a Twitter account could generate closed deals."
July 21, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World STEPHEN NOLD commented: Rich,
July 21, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Robert Roan commented: The education/panels/presentation aspect is also another great application.
July 21, 2009
In response to: Challenge for Events & Exhibitions Embracing an Online World Pat Pathade commented: Great post and discussion. The many differing perspectives and experiences can possibly be traced to differing markets and market sizes. For instance, business-to-business shows dealing with big ticket items or specialty professions will see themselves benefiting from social media but will still need to depend on f2f meetings. Shows like SEMICON, Powergen or the defence or healthcare shows come to mind for this category. On the other hand, shows and market segments that deal with smaller ticket items would see a threat from social media.
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