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“ A product is a good manufactured in a production facility; a brand is a concept bought by a customer. Every product can be copied by competition, a brand is unique. A product can become morally obsolete; a successful brand lives for ever.” Stephen King, WPP Group, London.
The companies usually build their marketing policy around the brand.
Together with well-established techniques used for branding orientation the market talks more and more about the “employer’s brand”.
The events come to strengthen the identity elements for customers, partners, employees or even competition.
In addition to the other communication methods the event will bring a unique experience that will associate the brand with a certain emotion.
It is a totally different experience when you are present at a live fireworks show as opposed to being told about it. The essence of such an event is to offer the audience a positive experience related to a product or organization.
The advantage of a live event is the happening, the possibility to create a real relationship with a target audience. This happening will create value not only for the company but also for the public.
For instance, if a company will sponsor a children’s football championship, the company will gain through projecting its message towards the target audience, the children and their parents, but it will also create value for the children taking part at the event. Sponsoring this event will have a contribution no matter how small to the global brand recognition.
In the present economic context a company needs to add value to any marketing communication, to create expectations and meet them, to create relationships with its customers.
Creating events is one of the most efficient way to communicate the values of a company to the chosen audience.