Amid rising consumer fatigue over traditional advertising and ad-blocking technology, brands are getting creative to drive brand engagement. One of the most effective tactics is experiential marketing companies.
In this marketing strategy, brands host in-person events that evoke emotional connections, lasting impressions, and loyalty. Here are some key benefits of experiential marketing: 1. Authenticity.
- Authenticity
In an era of incessant advertising and banner blindness, brands are searching for strategies that transcend ephemerality and create lasting brand engagement. Enter experiential marketing, a tactic that offers valuable first-party data and the ability to connect with consumers in their natural environment.
Memorable experiences humanize a brand and foster deeper connections with customers. In turn, this leads to loyalty and advocacy that generates more sales and ROI than traditional marketing techniques.
Examples of experiential marketing include product sampling, demonstrations, workshops, events, and interactive shows. In addition, digital experiential marketing leverages virtual reality and sensory elements to establish emotional connections with consumers and promote long-term brand loyalty.
LEGO’s iconic campaign featuring “Share a Coke” exemplifies how an authentic brand experience can boost consumer engagement and reinforce a company’s values. Similarly, Nike’s branded classes that offer workouts tailored to specific fitness levels are an effective way for the brand to build loyalty with consumers. Even when a company experiences controversy, it’s important to communicate with the audience and maintain an authentic voice throughout.
- Intimacy
In a world where material possessions have lost their status as ultimate markers of success, people are increasingly shifting towards valuing experiences over products. Experiential marketing is a powerful way to build emotional connections that inspire brand loyalty and advocacy.
This can be achieved through immersive experiential events, personalization, and storytelling. By integrating technology, brands can also create virtual and augmented reality experiences that transport consumers into their brand universe.
For example, Red Bull’s Sound Tunnel, which uses headphones to simulate the sound of skydiving, created an experience that inspired people to not only purchase the brand’s product but also share and recommend it. The campaign’s resulting social media buzz and soaring sales helped to propel the brand into new territories and bolster its image as a hero in its industry.
While customer intimacy remains one of the most important avenues for value creation, it is crucial to reimagine what it means in the digital era and pursue a holistic, 360 degree strategy. REVE Chat offers a platform for companies to provide support to their customers where they need it – online, on mobile, and across time zones.
- Shareability
In a marketing landscape filled with traditional methods that are often ephemeral, experiential marketing stands out as a formidable strategy for building long-term brand loyalty. In the right hands, it can also elevate the reach of other marketing initiatives.
One of the most important aspects of successful experiential marketing is its shareability. Whether it is an immersive virtual experience, interactive social media campaign, or in-person event, a memorable consumer interaction will encourage customers to spread the word about a brand.
Achieving this goal requires brands to create an experience that triggers multiple senses, such as sight, sound, touch, and smell. Humans are hardwired to respond to these stimuli, which is why experiential marketing is such a powerful tool.
A good example is Coca-Cola’s “Share a Coke” campaign, in which consumers could order personalized cans featuring their names and photos. These unique cans were highly shareable and helped build a strong community of fans around the world. Other examples include Airbnb’s “Night at” campaigns, which let users spend the night in iconic locations like the Louvre Museum in Paris.
- Sense of belonging
In contrast to the one-way communication of traditional marketing campaigns, experiential strategies encourage participants to engage in meaningful interactions. This can include forum discussions, interactive product demonstrations, and other immersive experiences that engage the senses. Ultimately, these experiences can build trust and a sense of belonging between brands and consumers.
Sense of belonging flourishes when individuals rally around a common purpose or set of values. For example, an environmental conservation group’s “Adopt-a-Beach” initiative connects volunteers by leveraging shared concerns for coastal ecosystems. Similarly, an online fitness community’s personal narratives of weight loss success or the origin stories of an online parenting forum forge connections across time and space.
Providing personalized touches like addressing members by name and celebrating milestones strengthens a sense of belongingness. In addition, acknowledging contributions—whether through badges, shout-outs, or virtual applause—amplifies the feeling of inclusion. For example, a coding community could feature a “Contributor of the Month” segment to highlight those who make the platform thrive.
- Social proof
Psychologist Robert Cialdini’s well-known “law of influence” states that people are influenced by what others do. Experiential marketing takes this principle and uses it to drive engagement and brand loyalty.
Social proof comes in many forms, including ratings, reviews, and visual user-generated content (UGC). It also includes testimonials and positive feedback from actual customers. For example, when Coke’s “Share a Coke” campaign featured names on bottle tops, it sparked millions of videos from fans around the world and was an instant hit.
Other types of social proof include awards, certifications, and partnerships with reputable organizations. Consider adding an ‘As seen in’ section to your website that highlights any and all media coverage you’ve received. When you highlight these, your customers will see a stamp of approval and be more likely to trust your product or service. This helps build credibility and confidence, which leads to conversions. It’s a simple but powerful way to leverage the power of social proof.