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Factoids |
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Among all women, 43% rated experiential marketing the medium most likely to
cause them to purchase a product or service quickly, compared to advertising
(20%) and direct mail (37%) |
Women and Generation Y consumers say their
purchase decisions are more heavily influenced by experiential
marketing programs -- live event marketing experiences where
consumers interact with a product or brand face-to-face --
versus television advertising and direct mail, according to
results of the Experiential Marketing Survey, released today by
global experiential brand communications agency
Jack Morton
Worldwide.
The Experiential Marketing Survey analyzed the impact
of experiential marketing on all demographics and studied the
effectiveness of this increasingly critical marketing medium for
particular product categories.
The on-line survey of 800 consumers ages 18-65
was conducted by Connecticut-based Sponsorship Research
International (SRi) for Jack Morton between October 20 and
October 22, 2003. A white paper reporting the results of the
Experiential Marketing Survey is
available on-line.
Among all women, 43% rated experiential
marketing the medium most likely to cause them to purchase a
product or service quickly, compared to advertising (20%) and
direct mail (37%). Among 18 to 23 year old Generation Y
respondents of both genders, 36% rated experiential marketing
the favored medium for influencing purchase consideration,
compared to advertising (32%) and direct mail (33%).
The influence of experiential marketing was
shown to vary by industry category, with food and beverages,
cars, computers/software and cell phones the top categories for
event marketing across gender and age. Among women, household,
personal and healthcare products and services also ranked high.
The survey also revealed some of the factors
that increase the influence of live event marketing experiences
on consumers, including:
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Location: Malls, in-store events and fairs and
public events were the preferred venues for an experiential marketing program,
especially among those aged 18-37.
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Entertainment: Events that integrate
entertainment along with an opportunity to test a product are strongly preferred by
respondents across all age demographics, indicating the greater impact of
branded experiences compared to mere sampling or sales promotion.
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Duration: Consumers will spend up to 14
minutes participating in an experiential marketing program; women are willing to spend more
time on average than men in malls and stores.
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Interaction: The presence of on-site
representatives and the ability to experience the event with others are the top two factors respondents say make live event marketing experiences more
enjoyable. Additionally, consumers overwhelmingly preferred smaller events offering a more intimate setting to interact with a
product/brand.
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Affinity: Consumers are most likely to
participate in an experiential marketing program showcasing a product they have heard of but
never tried, followed by a product they already use.
Additionally, the survey endorses experiential
marketing's ability to enhance the value of other marketing
investments. Almost nine out of 10 consumers agreed that
participating in a live event marketing experience for a
particular product/brand would make them more receptive to
advertising supporting it.
Jack Morton's CEO Josh McCall commented, "This
research further validates the increasing importance of
experiential marketing and provides a clear statement of its
impact on targeted consumer audiences."
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