Marketing 101 for
Entertainment Companies
by Sandi Cottrell
for American Corporate Entertainment Magazine
What is Corporate Entertainment? Who are the buyers?
How can an entertainment property communicate effectively with
the multitude of potential customers in the corporate and special
events marketplace? A respected colleague often says, Marketing
is like trying to catch fog in a bucket. to describe the
elusiveness of the concept. How truethe mere mention of
the word marketing gives some of us a vaguely uneasy
feeling.
Do you have a written marketing plan with clear objectives, strategies
and tasks? Okay
so its as painful as writing a university
term paper the first time you endeavor to design a plan. But the
process is easier each year as you learn what works best for your
product. Its simply good business to create a plan and live
by that plan.
Whats in your marketing tool box? Consider these
areas:
Advertising
Publications (like this one) that specialize in corporate entertainment
and special event planning are distributed to a targeted market.
Its impossible for you to contact all of the potential buyers
that receive these magazines through any sales and marketing strategy,
other than advertising. Advertising has been extremely effective
for my client, Imagination Entertainment. I have been involved
with the firm for 3 years, and in that time, the company has doubled
their bookings each year, which is remarkable considering the
industry-wide downturn of 2001/2002. I believe there are many
reasons for this, including a fabulous product. However, a major
component of this success is continued commitment to thoughtfully-placed
advertising. Ads in targeted publications consistently produce
new clients for the company. Many of the Imagination Entertainments
bookings are direct results of an ad that appeared on a clients
desk at the moment they were thinking about entertainment for
an upcoming event.
Its a mistake to randomly purchase one ad here and one ad
there. Brand recognition is only created through consistent and
repeated placement of strong, attractive, and targeted advertisements.
Review editorial calendars and place your ads in issues relative
to your product. And dont forget to include your web site
address in a prominent graphic. A well-planned advertising program
may be the best investment you make. Look at it as a sound investment.
Web site
This is a no-brainer. A good web site is a necessityits
your calling card. Is yours user-friendly? Does it tell your potential
clients what THEY want to know about your product, or is it full
of nothing but marketing rhetoric? Corporate planners want to
know just the facts, maam. The best entertainment
web sites contain video clips of the entertainment and lots of
photos. Additionally, case studies of past success effectively
build customer confidence in your abilities to meet their needs.
Your web site may be beautifully done, but is it working for you?
Have you made an effort to optimize search engine placement? If
your customers cant find you, your web site is not doing
its job for you in your marketing strategy. There are many ways
to elevate the ranking of your site in the search engines. Some
strategies require hiring consultants, some require payments to
the search engines. Others are free. Your webmaster should be
providing sound advice in this area. A key factor in this complex
maze of internet presence involves the verbiage of the title and
first few sentences on your home page. This verbiage must contain
a strong statement accurately describing your business. Search
engines examine this to rank the relevance of your site as it
relates to key word searches.
Your web site requires continual updates with current news about
your company. Dont hide your news items on a back page.
New information about your entertainment product should appear
prominently on your site. And
dont forget to look at
your visitor stats on a regular basis to learn whats
working, whats not.
Direct mail
Direct mail gets results now more than ever. Since so many companies
now focus on marketing electronically, your clients receive fewer
pieces. Consider oversized postcards or other self-mailers that
dont require the recipient to open an envelope. Great graphics
and effective use of color capture their attention. If you send
a piece that stands out on a potential buyers desk, youre
building awareness of your product, and increasing the possibility
that you will get their next call for entertainment.
E-Newsletter, email blasts
Permission-based e-newsletters and email blasts are effective
when sent to subscribers on a regular basis, building awareness
and branding. With eye-catching graphics and interesting stories,
youll be delighted to learn how many of your clients are
sincerely interested in what you have to say. Dont make
the mistake, however, of writing dry copy thats strictly
sales material. Include interesting stories about your staff,
or anecdotes about recent performances. Make it a piece that readers
look forward to receiving because its humorous, interesting,
informative and gives your company a human touch.
Consider working with one of the e-newsletter services that offer
attractive graphic templates, terrific reporting systems and tools
for maintaining subscriber lists. There are many good services
available including Constant Contact http://www.constantcontact.com/
and Blue Hornet http://www.bluehornet.com/.
By all means, avoid spam and work at building legitimate subscriber
lists instead. Internet service providers are increasingly aggressive
about blacklisting companies that proliferate spam.
Trade shows and industry events
If you venture into the arena of attending industry trade shows
know that 1) Its costly. And 2) You can reap tremendous
rewards through attending the right trade show by planning ahead
effectively, and following-up creatively. There are so many trade
show options--so be extremely selective. Each show attracts a
different audience. Talk to other exhibitors. Learn as much as
possible about the buyers that attend the show before participating.
This isnt an article about trade shows
I could fill
pages on this subject, having been the trade show queen
for more years than you or I would care to count. One piece of
advice, though: Dont assume you will walk away from a trade
show with firm bookings. Think of the show as an opportunity to
solidify relationships youve been building through your
other sales and marketing opportunities, such as telephone solicitations.
In a business where relationships are everything, no amount of
email messages and telephone conversations replace face-to-face
meetings.
PR/Media relations
Dont forget to keep the editors of industry publications
and web sites informed of whats new at your
company. New entertainment products, an out-of-the-ordinary event
concept, or a client case study is always of interest. You cannot
buy the kind of brand awareness that comes from a terrific article
profiling your company. Its well worth the investment of
your time to stay in touch with these influential folks.
Needless to say, Ive only scratched the surface of a successful
marketing program. And while many of these concepts are very basic
all
of us are so busy with the cycle of sales/service that we forget
or procrastinate. As 2004 approaches, why not take some time out
from your busy day-to-day schedule, and create a marketing plan
that truly drives your future success?
Sandi Cottrell is President of Sandi Cottrell & Co. a management
and marketing consultancy. Sandi has more than 30 years of experience
in event planning and marketing in this highly specialized field.
In her role with Imagination Entertainment, she oversees the companys
marketing strategies. Other clients include destination management
companies, meeting planning firms and event production companies.
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