Experiental Marketing
Posted by Joël on March 14, 2006
What strengths does a company need to offer experiential marketing?
Experiential Marketing focuses on creating or altering the environments in which customers interact. It focuses on how customers sense, feel, think, act and relate to a company, a brand, a product, or a service. It seeks to create individual environments for customers to explore to achieve a business objective.
The first step for any company wanting to offer experiential marketing is to analyze the experiential world of the customer and determine what business concept best addresses it. What are the needs and wants of the consumer? How do these fit into that person’s lifestyle? What type of solutions can a business offer to meet these issues? Interactive promotions can be a contributing aspect of an experiential marketing campaign!
The next stage is to design and implement a Brand/Product experience (i.e. look/feel) and to continuously review and update to address changing lifestyles.