Archive for the ‘Social Marketing’ Category

Event Management Software Market Size to Reach US$ 28.98 … – Future Market Insights

As per the report published by FMI, the globalevent management software marketis projected to have a rapid-paced CAGR of 14.1% during the forecast period. The current valuation of the market is US$ 7.75 billion in 2022. The market value of the cream cheese market is anticipated to reach a high of US$ 28.98 billion by the year 2032.

The event management software market is gaining rapid traction due to the growing need for event management solutions over the past few years due to the substantial increase in the number of gaming, entertainment, and sports events. Streamlining management is the key focus of the firms in this market.

According to the findings published by Billboard in June 2018, around 800 music fests are hosted in the U.S. alone, and these events attract over 32 million attendees. The need for efficient management of all such events has been driving the adoption of event management software across the region.

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FMI has analyzed that the majority of organizations are using events as a key strategy for launching new products or celebrating various events related to internal achievements and annual award ceremonies to name a few. Furthermore, corporate events are also a preferred mode for promoting a company or brand, or a product or service.

Organizations generally spend one-third of the companys budget on events as these events could lead to an increase in sales and produce leads for future revenue generation or business. Hence, the event management software market is gaining traction during the forecast period.

Key Takeaways from Personal Fitness TrainerMarket

Enterprises are having an increase in the budget for organization of elaborate events, which is producing more leads for revenue generation and creating lucrative opportunities for manufacturers in the eventmanagement software market. FMI Analyst

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Competition Landscape in the Event Management Software Market

Leading industry companies are expected to concentrate on expanding their operations in Germany due to the increased adoption of event management software in this region. Significant market players are anticipated to invest in R&D initiatives for improvising the software and providing cost-effective solutions to end-users and maintaining their competitiveness during the forecast period.

Cvent Inc., InEvent, Inc. Ungerboeck, Eventzilla are some key players in the combat boot market.

Recent Developments in the Event Management Software Market:

Key SegmentsintheEvent Management Software Market

By Deployment:

By Enterprise Size:

By End User:

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Event Management Software Market Size to Reach US$ 28.98 ... - Future Market Insights

Influencers gifted flights, accommodation and meals to attend exclusive Sam Smith concert – ABC News

Social media influencers were given free trips to South Australia to watch an "exclusive"concert by British singer Sam Smith in exchange for two or three posts on their accounts according to documents obtained by the ABC.

The state government said areview ofits tourism strategy would be released in Aprilafter facing criticism for the event, held at d'Arenberg winery in McLaren Vale.

Documents provided to the ABC under Freedom of Information revealinfluencers invited by the South Australian Tourism Commission (SATC) were asked toideally postdaily Instagram stories, which last only 24 hours, while enjoying free mealsandaccommodation in Adelaide.

Some were also asked to publish one or two TikTok videos and an Instagram post.

While influencers including Melbourne couple "Taz and Alessia", posted extensively about their trips,ABC checks on multiple social media influencers after the event, and this week, show some had no permanent posts about the trip or concert on their accounts.

Could not display Instagram

Some posts may have expired due to a platforms automatic time constraints, or may have been deleted.

The documents show influencers were given meals at restaurants such as The Lane Vineyard in the Adelaide Hills and Golden Boy in the CBD.

Some influencers stayed a number of nights at five-star hotels, including the Sofitel and Eos by SkyCity, while airport and venue transfers were also paid for.

Internet searches indicate the commercial cost of an itinerary provided to an interstate influencer attending the event would be approximately $2,000.

It is understood any actual costs covered by the State Government may have been lower due to pre-existing arrangements.

The SATC offered the "exclusive" trip to influencers recommended by TikTok Australia and Instagram influencers with high numbers of followers or who fit the desired demographic, including members of theLGBTQIcommunity.

"This is a contra opportunity. Talent is expected to post and tag @southaustralia across their owned channels in exchange for the experience and inclusions outlined above," the invite to influencers said.

Contra means payment in products or services, something typical in tourism, entertainmentand hospitality promotion.

In a statement, SATC saidcosts for the event were shared with Frontier Touring, the company which is bringing Smith to Australia for a series of concerts later this year.

"The hosting costs of the event were shared by the SATC and Frontier Touring," it said.

"Venue hire and all beverages during the event were provided as contra (free-of-charge) by the d'Arenberg Cube."

The SATC also said Frontier Touring was responsible for bringing interstate and international media and secured coverage in major outlets.

Tourism Minister Zoe Bettison said the state government was still finalising its full report "capturing" data about the impact of the event for the tourism industry.

She said that report would include the number of social media posts published by influencers given taxpayer-funded benefits to attend.

"That data is going to be fully captured in the report that will come out end of April," Ms Bettison said.

Ms Bettison said social media posts were "requested" by the state government in exchange for attendance, as opposed to being a "condition" of the invitations.

"It was a request, which is a common request, when we host people in these famils, which is commonly used in the tourism industry," she said.

"We asked them to do photos, tagging, and promote our state.

"That's why they are there, to post, it's common practice and that's what they did.

"Sam Smith was an opportunity for us. It was a promotional concert and if it wasn't here in front of the d'Arenberg cube, it would be in front of the Sydney Opera House.

"You've got to remember what we got out of this event we got $32 million of advertising value."

Despite defending the strategy, the state government at the time announced a reviewamid calls for greater transparency about how much was spent.

In January, Tourism Minister Zoe Bettison defended the event, saying thegovernment's successful bid to host Sam Smith's promotion to their2023 Australian tour cost less than half a million dollars.

The FOI documents disclosed that someinfluencers with a large following declined the offer when they were told they would not be paid per post.

"Given this is an exclusive experience, there is no budget for talent fees," the SATC told their agents.

The documents also revealed SATC had been warned by a United States-based marketing consultant that the event was "too niche to drive bookings from US" and would only be useful for "awareness" if certain conditions were met.

They also show 21 SATC staff attended the event, 12 of whom were "volunteers", who filled roles as ushers and were not paid for their time.

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Influencers gifted flights, accommodation and meals to attend exclusive Sam Smith concert - ABC News

Brand tracking essentials: Using brand insight to maximise … – Kantar UK Insights

Identifying the most effective metrics and prioritising the right opportunities for your marketing spend will help you to make the strategic decisions that will drive brand growth, even in an uncertain economic climate.

We explored how proactively investing in brand tracking can help you navigate risksduring an economic downturn. Now, its time to ensure you get more bang for your buck. Let us walk you through the importance of understanding your brand performance and how to use brand trackingto ensure your business remains successful throughout any recession or when facing headwinds.

Evidence from one of our clients during the last recession shows just how important the right marketing investment is to grow your brand. During the 2008 recession, a leading premium chocolate brand was facing pressure from its global headquarters to reduce its media budget by 40% following a weak sales season. However, based on evidence from their Kantar brand guidance programme, our client increased media pressure relative to competitors and achieved stronger communications awareness than all other brands (premium and non-premium).

And our tracking database shows that when brands (at least) maintain their communications awareness, all other brand measures hold up.

Based on our experience, this is how understanding brand performance can lead to brand growth:

The reality is, in times of economic downturn, it takes courage and vision to increase your marketing spend. However, with the right brand monitoring tools, you can start marketing on a budget that works for you, whilst maximising your marketing spend ROI.

Here are some examples of how successful brands use brand tracking to maximise their ROI and drive brand growth.

The right metrics allow brands to steer their marketing strategies to reach and appeal to their target audience. They focus on the needs of the business, aligning metrics with specific goals. For example, if you are a small brand with tight budgets you should focus on campaigns that create brand awareness and use media that is super targeted to your potential customers, to generate short-term wins. Your tracking metrics should then align to these business objectives.

Tip: Investment in digital marketing continues to increase. With brand health tracking, you can identify missing opportunities so that your brand can drive growth by focussing on the right channels. This means you can allocate the correct amount of marketing spend to these areas and avoid spreading your brand budget too thinly and slowing your brand growth.

With the right brand tracking tools, brands understand both the live, in-market impact and the reasons for specific market reactions. This helps them modify their campaign approach and ensure their marketing strategy is bolstered by the content consumers encounter.

Tip: Real-time data can solve some of your problems. As a marketer, you also need to know what to do and where to tweak your campaign. Kantar brand trackingtools will give you the right metrics to assess campaign performance, identify the weak creative and course correct to meet your goals. Reliable metrics can provide the signposts you need to allocate your resources and set you up for success.

When you are planning your marketing spendduring an economic crisis, the main challenge is to make your investment go as far as possible. Success comes from connecting your actions from a holistic point of view, ensuring a seamless campaign without the need for big budgets or data blending.

Consider these brand tracking essentials to maximise your marketing spend ROI:

Now you have all essentials for marketing on a budget. Find out how successful brands use the Kantar brand tracking and brand guidance systemsto ensure their marketing spend goes further - even in times of economic turmoil. Get in touchto find out more.

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Brand tracking essentials: Using brand insight to maximise ... - Kantar UK Insights

Prism Digital wins the PR, social media and performance marketing mandate for DoubleTree by Hilton Resort and Spa Marjan Island – ZAWYA

Dubai Located at Marjan Island, Ras Al Khaimah, the DoubleTree by Hilton Resort & Spa Marjan Island hires Prism Digital, a Dubai based full-service digital marketing company, to manage PR, Social Media, Influencer Marketing and Performance Marketing following a multi-agency pitch.

With a vision to have a consumer first digital approach, DoubleTree by Hilton Resort & Spa Marjan Island has entrusted Prism Digital with building and growing the brands 360 degree social presence including performance marketing management. Prism Digital will also be taking care of press engagement for the hotel brand strengthening its media visibility in the region as well as conducting influencer outreach and engagement while elevating the brand presence in the region.

Commenting on the partnership, Mr. Lovetto Nazareth, Managing Director, Prism Digital said, DoubleTree by Hilton Resort & Spa Marjan Island is a big win for us, not only does it show faith by the best in the industry in our agency, but also because their values align with ours beautifully. We are extremely excited to work on campaigns that not only will drive engagement but also drive revenue through our AI based performance marketing across all platforms which will enable both the business and the brand to grow.

50 mins away from Dubai, the resort spans across 650 meters of private white sandy beach, villas with furnished balconies and views of the Arabian Sea. The resort offers 13 bars and restaurants, seven pools, paddle courts, a rejuvenating spa, and so much more. Alongside a full schedule of daily activities, guests can enjoy a perfect blend of relaxation and adventure, ensuring an unforgettable getaway.

-Ends-

About Prism:

Prism Digital is an award-winningdigital marketing agency in Dubaithat specializes in creating and managing creative campaigns and performance-based digital advertising campaigns that produce real results. The agency has years of experience in creating ad campaigns for restaurants, hotel chains, entertainment venues, and tourism locations. Having worked with companies in the tourism sector and the aviation industry, Prism Digital has a huge database of 45 Million profiles that have either visited Dubai or are planning to visit Dubai at some point in time. Prism Digital is an acclaimed performance marketing and media buying agency in the region that provides top-notch marketing and advertising solutions to over 150 clients providing SEO, social media marketing, digital branding, and video marketing strategies to boost their business. Learn more about Prism athttps://www.prism-me.com/

Vinisha KhatwaniPrism Marketing Management LLCemail us hereVisit us on social media:FacebookTwitterLinkedInOther

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Prism Digital wins the PR, social media and performance marketing mandate for DoubleTree by Hilton Resort and Spa Marjan Island - ZAWYA

Business Matters event to look at the future of social media – Brock University

Next week, an online community event hosted by Brock University will aim to help businesses understand the fast-changing landscape of social media.

The event on Tuesday, March 28 marks the eighth in a series of Business Matters panel talks organized by Brocks Goodman School of Business and is moderated by Associate Professor of Marketing Todd Green.

Green says that for most businesses and organizations, the cost of not using social media as part of their marketing promotion strategy is just too high, yet engaging on the platforms represents a steep learning curve, staff time commitment, and continuous education on trends and best practices.

Were hoping this discussion will help show businesses whats new, whats next and cover what they need to know to be successful operating in this constantly evolving environment, he says.

Goodman has assembled a panel of industry practitioners with experience creating and executing social media strategies for public, private and non-profit organizations who will share their expertise and experiences.

Panelists include:

Following the panel discussion, the online audience will be able to participate in a question-and-answer period. To receive a link to the free community event, register online on the Business Matters website.

Business Matters is supported by the Willmot Foundation and is part of the D.G. Willmot Leaders Series. Previous discussions can be viewed online and include talks about how businesses can adapt to changing climate conditions, make more inclusive decisions and learn about craft business models, among other topics.

What: Business Matters: Social Media whats next?

When: Tuesday, March 28 from 7 to 8:30 p.m.

Where: Online via video streaming. Register to receive the link.

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Business Matters event to look at the future of social media - Brock University