Event Participants are Narcissists... And Other Surprising Events Industry Macro Trends

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Event Participants are Narcissists And Other Surprising Events Industry Macro Trends Twitter: @FreemanCo

description

What’s in it for me? Knowing that deep down everyone cares about themselves first is just one of the macro trends that impacts the trade show industry. This fun session will highlight major trends including the rising field of neuroscience. Come see why attendees and exhibitors act the way they do, AND how neuroscience principles can be used to create highly engaging event experiences.

Transcript of Event Participants are Narcissists... And Other Surprising Events Industry Macro Trends

Page 1: Event Participants are Narcissists... And Other Surprising Events Industry Macro Trends

Event Participants are Narcissists

And Other Surprising Events Industry Macro Trends

Twitter: @FreemanCo

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What macro trends are impacting the Events Industry?

Learning Objective 1

Twitter: @FreemanCo

Page 3: Event Participants are Narcissists... And Other Surprising Events Industry Macro Trends

The Macro Trend Story for Face-to-FaceThe Macro Trend Story for Face-to-Face

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• Events are improving, exhibitors returning

• But not at ‘08 levels

3- A stabilizing economy3- A stabilizing economy

2• Mobile in early majority• Social media for mtgs• Video invitations

2- Technology isn’t so scary2- Technology isn’t so scary

4Demand for

Industry Tech with VALUE

• Virtual and hybrid• Digital way-finding• Gamification, RFID

4- Tech with value4- Tech with value

1

• Interactive Format• Hosted Buyer Events• Custom Event Apps

1- Engage me! (Customization)1- Engage me! (Customization)1- Engage me! (Customization)

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How does neuroscience relate to

my audience’s needs?

Learning Objective 2

Twitter: @FreemanCo

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Neuroscience is about what makes people tick

You’re a HERO!

Knowledge to impact concerns

Why people do what they do

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Decisions are rational AND emotional

Neuroscience Decision Model

Decisions are rational AND emotional

Rational

Emotional

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• Network with colleagues/vendors• Keep up on trends• Education• See/evaluate new products• Find a new vendor• Location

Attendee

Why people come to events

These reasons do not change

Exhibitor

• Identify new leads• Build brand awareness• Meet with customers• Have a presence• Launch new product/service• Competitive intelligence

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Successful events meet rational and emotional needs

Events Performing Well

Rational

NetworkingEducation

Trends

LeadsAwareness

Relationships

EmotionalHow do you feel?

Angry Stressed

Irritated Neglected

Events NOT Performing Well

RationalNetworkingEducation

Trends

LeadsAwareness

Relationships

EmotionalHow do you feel?

Inspired Hopeful

Valued EnergizedHappy Hurried

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People need to BELIEVE it’s a good show

Perception RULES!

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How does your brain decide?

The 3 brains

Reptile Brain - Instincts

Middle Brain - Emotional

New Brain - Rational

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How does your brain decide?

The 3 brains

Reptile Brain - Instincts

Middle Brain - Emotional

New Brain - Rational

It’s about what we want at a deep level

Understand what customers deeply care about. Give them that and they’ll find a way to stick with you.

Why do people POST on Facebook?

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Sometimes we don’t know what influences us, we just

subconsciously perceive it

Sometimes we don’t know what influences us, we just

subconsciously perceive it

Value can come from the little thingsValue can come from the little things

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We don’t consider all the elements of an experience, only the most

noticeable

Make your most noticeable moments count

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How can neuroscience create

engaging experiences?

Learning Objective 3

Twitter: @FreemanCo

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The Macro Trend Story for Face-to-FaceThe Macro Trend Story for Face-to-Face

3

• Events are improving, exhibitors returning

• But not at ‘08 levels

3- A stabilizing economy3- A stabilizing economy

2• Mobile in early majority• Social media for mtgs• Video invitations

2- Technology isn’t so scary2- Technology isn’t so scary

4Demand for

Industry Tech with VALUE

4- Tech with value4- Tech with value

1

• Interactive Format• Hosted Buyer Events• Custom Event Apps

1- Engage me! (Customization)1- Engage me! (Customization)1- Engage me! (Customization)

• Virtual and hybrid• Digital way-finding• Gamification, RFID

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Technology creates

emotional WOWs

We don’t pay attention to boring things

I see the experience

I’m WOW’ed by the experience

I link that WOW feeling to your brand

That WOW feeling imbeds itself in my memory

I remember your brand when it’s time to decide

Event Tech Impacts Behavior

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Poken / Minglestick

Collect and exchange digital info offline via NFC

Flock (by Bump)

Share multiple-user photos into a single album

Technology to interact with othersTechnology to interact with others

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Technology to play with

Throwable microphone to liven event participation

Catchbox

Social gaming at the BIO Agriculture booth

Gamification

Technology to play with

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Technology to enhance experiences

Companion device supplementing primary info delivered by another medium

Second Screen

McDonald’s Pick ‘n Play

Experiential advertising in a group settinghttp://www.youtube.com/watch?v=7u0ij9D5S4Y

Technology to enhance experiences

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NFC as a mobile wallet

Point of Sale Applications

Credit card payment via mobile device

Starbucks App

Electronic account linked to a mobile phone, money deposited and used as cash, rewards earned

NFC as a mobile wallet

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RFID to engage

Microsoft Advertising

Hosted buyer event using RFID bracelets to provide personalized experiences to key audiences

Coldplay Concert

30,000+ RFID wrist bracelets flashed colors lights in sync with the music

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But a solid strategy is still neededBut a solid strategy is still needed

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Don’t be a stranger!Loretta Hudelot214-445-1292

[email protected]

Twitter: @FreemanCo