EICM 9E Domain I Flashcards
Marketing
Event Marketing
Marketing an event or using an event as a marketing tool.
Marketing Plan
A written document outlining the situational analysis, audience and distribution channels that will support the goals and objectives of the event.
“Price”
Cost for a participant to attend the event
“Place”
Reference the position of the event in the marketplace and among competitors or to where the event is being held. It also connects with the distribution of products and services
“Product”
The event itself
“Promotion”
Media and other tools used to market the event
The 5 Cs
Customer, Company, Competition, Collaborators, and Context
Market Segmentation
A marketing strategy that starts with a broad target market and divides it into groups of potential participants who have commonalities.
Psychographics
Study of personality, values, attitudes, interests, lifestyles, preferences, activities, tastes, likes, dislikes, and complaints.
Demographics
Specific data that is used to profile individuals such as age, gender, race, education, qualification, marital status, income, profession, organizational level and seniority in the industry.
Marketing Distribution Channel
Refers to how a business gets its products to the customers. Also refers to activities necessary to transfer the ownership of goods from the point of production to the point of consumption.
Direct Marketing
Any direct personal communication from the organization to potential customers by printed medium or electronic communication such as email, social media, phone call or text message.
Steps to Manage a Marketing Plan
1; Conduct Situational Analysis
2; Define Target Market Segment
3; Select Marketing Distribution Channels
4; Implement Marketing Plan
Public Relations
A strategic communication process that builds mutually beneficial relationships between organizations and their publics.
Press Room
Provide a working area for editors, reporters, and columnists pursuing leads. They will fall into 2 categories; editors of special interest publications & representatives of the news media in the host city.