Research reveals shopping centres as most effective locations for experiential marketing
The organisations said the outcome of the research was based on two key indicators: consumers’ willingness to devote time to observe or participate, and the probability of the consumer’s mindset being conducive to engagement with the messages an event is intending to communicate.
With the events and experiential industry one of the most important marketing sectors for brands when considering budget spend, the organisations said that many agencies and brands need support in understanding the most effective way to plan this type of activity in the best retail venues.
Davinder Jhamat, head of research and education at BCSC said: "The events and experiential marketing sector is one which 55% of agencies and 22% of brands questioned suggested they wanted to learn more about, and this research is designed to meet this demand for information.
"Shopping centres present brands with a real opportunity to promote goods and services to a captive and receptive consumer audience within a high footfall location, allowing connections with people when they are time rich and inclined to engage. Presently, however, shopping centres are under-exploited in this capacity. By working together with IPM, we are therefore pleased to have concluded this valuable research and are confident that its findings will help brands maximise value from their marketing budgets."
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