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Event Promo Midterm
Chapter 8, & 1-3 for Perry Lynch's class
27
Other
Undergraduate 3
10/11/2009

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Cards

Term
Fad
Definition
catches fire, then disappears
Term
Trend
Definition
goes into market & develops, usually doesn't disappear (ex: green living) change in general direction, current style, prevailing tendency
Term
Why understand trends?
Definition
Understand & anticipate events, issues which may impact event
Safety & security
Aging population
New population
Technology
Term
Generations
Definition
consume very differently
Term
Income
Definition
duration & your event
Term
Technology
Definition
access, platform, speed
Term
Vocabulary
Definition
Be current
Term
Multilingual
Definition
Promote inclusively
Term
Health & wellness components
Definition
Motivators
Term
Primary focus of marketing efforts
Definition
electronic strategies, partnerships & sponsorships, affinity marketing
Term
Needed to be competitive in marketing
Definition
Faster-use of technology, Better-product & message, More Profitable-methods which are cost-effective
Term
THREE E's
Definition
Entertainment, Enterprise, Excitement
Term
Entertainment
Definition
Be different, unique, connected to audience
Term
Enterprise
Definition
Stretch boundaries, Can you be the first?!
Term
Excitement
Definition
emotional/motivational appeal
Term
Bill Veeck
Definition
Enterprise. baseball owner added fireworks
Term
George Preston Marshall
Definition
Enterprise. Washington Redskins owner added marching bands & 1/2time shows
Term
5 P's
Definition
Price, Product, Place, Positioning, Public Relations
Term
Product
Definition
Include historical benchmarks, focus on value/benefit, Uniqueness
Term
Price
Definition
Organization's goals, make/loose/break even, What are competitors charging, whats going on in economy, Price may be 2ndary to perceived value
Term
Place
Definition
Connect location to the product, consider covenience and travel cost
Term
6 segments of tourism
Definition
lodging, f&b, transportation, attractions, entertainment, shopping
Term
Positioning
Definition
What needs does product/event satisfy? Competitive price? Content rich?
Term
Public Relations
Definition
managing what ppl think of product. Press releases, comm. related participation, often managed by 3rd aprty PR experts
Term
CSS
Definition
Clean Slick & Simple! Focus on basics and work from SMART objectives
Term
Marketing Plan
Definition
Research, Targets, Objectives/Action plan, Measure & Modify
Term
Promotion
Definition
a multifaceted approach to marketing..stirring up interest in your event..ad, pr, crosspromo, affinity & guerilla marketing, pub service & cause related events, electronic campaigns
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