Of all the ways audience experiences have changed during the past decade, one we should pay special attention to is the personal, subjective impact of influencer marketing. According to one study, the global influencer market was valued at US$16.4 billion in 2022 alone. Other research foresees the market value reaching US$109.37 billion by 2028.
Consumers and brands have been waking up to the personalised, hyper-immersive experiences afforded by digital technology. The same tech has also delighted event organisers by offering enhanced opportunities to gather data and respond to audience demand for ‘purpose’ through multi-channel integration. Find out more with these five tips on how to make the most of digitalisation in event activations.
Let’s start the New Year with a look at the most exciting tech trends for event professionals in 2023. As one example, Pico’s use of AR technology to create personalised invitations – including bespoke video – to an HP Malaysia Virtual Partners event, where the level of personalisation goes beyond just listing attendees’ names on a screen.
During the pandemic, many agencies and clients pivoted towards digital events but then found that their systems - and their staff - lacked the necessary skills to successfully execute a virtual event.Fast forward to today and while face-to-face events are firmly back on the agenda, agencies and brands are offering virtual elements as part of a bigger physical event. With this in mind, will the role of the digital strategist become a prominent one within events?
With demand for virtual events surging, it’s more important than ever to gain a deep understanding of event performance, ROI, and the relative advantages of virtual and physical events. Read on to find out why Pico’s ExQ™ Experience Analytics is a key tool for measuring event performance and helping the MICE industry cater to consumers’ changing expectations and demands.
Rising demand for in-person experiences and loosening anti-pandemic measures have paved the way for the return of some legendary music festivals. Explore how Glastonbury, Coachella, Tomorrowland and others are setting trends by using digitalisation, social purpose, metaverse and personalisation to take audience engagement to new heights.
While embracing the metaverse is a must for much of the MICE industry, but it also begs the question of how to create value. Read on to discover how companies can find their place in the metaverse – from identifying goals and developing value-focused strategy, to adopting data-driven analytics solutions Read about how examples such as Sandbox and Pico’s YAOLAND can actually create value from the metaverse.
The surging popularity of the metaverse virtually assures it a prominent role in the MICE industry’s future. Find out how brands can maximise their opportunities by selecting platforms that best convey their brand messages and meet target audience expectations, by using the metaverse as a new sales channel, and by creating their own metaverses.
As festivals and celebrations return to the calendar, we look at examples such as the HP Antarctic Dome at Coachella and the ‘Hydeout: The Prelude’ digital music platform, both activated by Pico, to explore the effectiveness of digitalisation, personalisation and utilisation of the metaverse in live events for elevated personalised experiences.
Demand for personalised experiences is rocketing as communication between brands and their audiences – ‘B2H (business-to-human)’ – becomes increasingly important. Innovative B2H approaches using metaverse, NFTs and Pico’s ExQ™ Experience Analytics tool are essential to engage audiences for a higher ROI.
Exhibition data collected from pre-event to post-event can be analysed more effectively using holistic methods. Let’s explore ways of securing intelligent data to yield competitive value, and examine how Pico enhances attendee engagement by creating multiple touchpoints that extend beyond physical exhibitions.
The pandemic has spurred the popularity of events with digital elements in formats ranging from virtual to hybrid and micro. Learn more about the importance of personalisation and data analysis for maximising events’ ROI and engagement, and how Pico’s analytics tool Experience Pulse is critical for cultivating ‘sticky’ audiences.
The pandemic catalysed the development of contactless technologies; but the tech’s potential goes far beyond fighting viruses; its true future lies in providing a convenient personalised experiences, and ultimately creating new touchpoints for users. Explore the development and potential applications of contactless technologies.
The luxury market is one of the fastest-growing sectors in Hong Kong, according to a survey prior to the fifth wave of COVID-19. As such, it demonstrates some trends worth noticing for brands and marketers. Discover the strategies that underpin the sector’s success, including its drive into the metaverse and NFTs, localised marketing and CSR.
The metaverse has become a potential event space for brands aiming to truly engage their audience. In an interview with Marketing-Interactive, Tay Ling shares how event skills and techniques will evolve even when the purpose of events remains unchanged, and how technology is enabling events to enhance the audience experience beyond conventional constraints.
The Beijing Winter Olympics were inspiring for more than their supreme athleticisms; they were also a dazzling demonstration of new technology for the events industry. Read on to explore the Games’ technologies and how they maximised the audience experience while taking on vital roles in event management.
The metaverse will allow us to create engagements that we can only begin to imagine now. It is not just about technologies; it is about providing different forms of engagement. Read the full article to find out how brands can win over customers with the metaverse now being the new frontier for audience interaction.
The MICE industry is already on the path of integrated events which seek to equalise the experience between their online and offline audiences. Increasingly, it means that engaging an online audience will no longer be secondary; it will be as much a key to success (or more) as impacting the in-venue audience.
Invest Hong Kong (InvestHK) and PricewaterhouseCoopers (PwC) have released a joint report on Hong Kong’s digital evolution in ecommerce, food services and creative industries. Titled Explore Opportunities in Hong Kong's Digital Ecosystem, it highlights Hong Kong’s connective role in business between the world and Asia Pacific, as well as the increased agility of its digital ecosystem...
As we approach the second anniversary of COVID-19’s initial outbreak, we should by now have accepted that ‘business as usual’ likely won’t resume in the foreseeable future and begun to devise new strategies to make the best of an unstable situation. For the MICE industry, this means finding ways to make events as inherently ‘virus proof’ as possible and enable them to carry on as scheduled under most conditions.
The moment that marketers spent years preparing for is already here: Generation Z’s phase of demographic dominance has begun. So, as the influence of their expectations, habits and needs becomes increasingly embedded in brand marketing and the MICE sector, it makes sense to look forward again to who and what is next.
Every paradigm shift creates new buzzwords – and for the post-pandemic business events industry, they’re ‘hybrid’ and ‘integrated’. One needs only to glance at the flurry of industry articles from the last few months to know that these types of events are looming in marketing and event professionals’ minds as they look forward to Covid-19 receding and their work ramping up again.
Online and integrated experiences are plainly here to stay, in part due to their inherent applicability during future crises. Virtual will become even more of a mainstay when the digital natives of Gen Z and Gen Alpha grow into consumer market dominance. At that point, offering a choice of participating in live events either in person or via a laptop or mobile device will become a best practice.
Just as nobody knew how far and deep the pandemic’s impact would be on business, nobody today can predict when its effects will cease to be felt. Or even if they ever will. ‘Business as usual’, when it returns, may be strikingly different from the pre-pandemic norm. Is there any way to prepare for the unforeseeable?
Having foreseen a digital future for the events industry, Pico has in the past five years pursued a digital transformation strategy, applying technology to enhance the experience and promotional effectiveness of events. More and more brands found the results impressive, and the pandemic further boosted demand for such services.
Even in the ‘post-vaccine world’, companies may need to adjust their strategies, marketing, messaging and communications to stay relevant and sustain their businesses for a period of ‘business not quite as usual. Read the full article to find out how marketers can win over target audiences with digital experiences and safe physical events when it's ‘business not quite as usual’.
As the world reeled with the loss of physical events, Pico, a global brand activation company, have had a digital leg-up. 'We were already a digital company pre-COVID,' says Gregory Crandall, Senior Vice President of Pico’s Global Activation Team. 'What the pandemic did was to push demand for digital experiences into hyperdrive' Greg explains.
Virtual events have swiftly become the norm; but while organizers have grown to appreciate their many advantages, keeping audiences engaged remains a challenge. In many cases, audiences have simply become fatigued by online events that seem too long, too predictable, and lacking personalisation. The result is too high a proportion of audience members zoning out; or even worse, logging off.
The medium may be different, but webinars need just as much organizing as a conventional seminar. Factors such as timing, what data to collect and what kind of interactivity will be effective all need to be considered for a webinar to be successful. In TTGmice magazine, Tay Ling of TBA Hong Kong offers marketers ideas for designing engaging webinars that improve lead...
The COVID-19 pandemic has unleashed changes to our daily lives to an unprecedented scale in just a few months. New normal – a new way of living and disruptions in our habits and tradition relating to the way we live, work and interact with others will – affects day-to-day activities as well as business operations.
The sudden tilt toward online events in 2020 triggered an onslaught of digital and virtual event solutions of varying degrees of usefulness. Let’s look at the common ROI-affecting challenges and proven ideas of reaching customers online, continuing effective dialogues and digging out actionable insights for ROI measurement and strategy optimisation.
Given COVID-19’s ferocity, most businesses are trying different ways to reach their customers and continue their operations as much as they can. Many of them are ramping up investment in digital solutions, social and e-commerce platforms. Some businesses would opt for transforming their events to virtual ones. And the key to a successful virtual event is keeping your audience engaged.
In an interview with M&C Asia, Pico’s Vincent Yap pointed out the importance of providing virtual events solutions to continue driving the meetings ecosystem amid the COVID-19 pandemic. However, live events will remain vital because of the irrepressible need for human interaction. Hybrid events are likely to evolve as 'the new normal' for the industry.
Events are going greener – but not for the sake of the environment alone. Consumer expectations of good corporate citizenship are an even more powerful driver; according to Nielsen, an overwhelming 81% of respondents from around the globe strongly believe that companies should help improve the environment.
When we talk about conveying the essence of the brand – the substance that makes it meaningful and unique – we are talking about storytelling. But storytelling is more than a literal all-purpose history; it’s about crafting information into a human experience. On each occasion it is used, a story needs to be refreshed so that it resonates with a different audience, time, place or product.
Pico’s Chairman looks at how AI has become routinely applied in an increasing number of industries in the past few years. With AI-powered robots now successfully drafting legal documents, patrolling airports and taking on other tasks, AI is set to proliferate even more quickly into more aspects of event, business and daily life.
In his Headline Finance column, Pico’s Chairman offers examples like the GUINNESSTM Connoisseur Bar pop-up store to explain how brands are creating novel experiences to relate their stories to a new generation. With different generations having different expectations, he says, brand marketing must change with the times.
Events upgraded with new technology are the focus of a Headline Finance column by Pico’s Chairman. Pico’s own Born to Run virtual running platform and ‘Our Harbour 1881, Our Stories’ are examples of how interactivity can bring fresh appeal to familiar histories – and even the ancient activity of the marathon.
As Pico’s Chairman points out in Headline Finance, cyber-crime tactics are constantly changing – and businesses and individuals need to be vigilant to keep up. Common-sense measures like using unique and complex passwords can make a huge difference in security – and help businesses maintain their reputation as a trustworthy partner.
Many businesses rely on data to predict consumer behaviour and optimise their strategies – but for good predictions to be made, ‘good data’ must first be collected. In his Headline Finance column, Pico’s Chairman describes how immersive new technology like VR will yield more accurate data at lower cost – and lead to better results for businesses like retailers and event planners.
Pico’s Chairman takes note of how brands are increasingly diversifying beyond their traditional market segments in an effort to build a bigger following. The key to success? Starting with a brand image sufficiently strong and defined to add distinction to almost any product, for almost any audience.
The promise of truly high speed mobile VR/AR and video livestreaming is about to be fulfilled as 5G edges closer to the mainstream. For event planners, 5G should usher in a new crop of tech that will make audience experiences more vivid and engaging than ever – even for audiences far beyond the confines of the venue.
Customer behaviour has changed in this digital era – even when the customers are the clients of B2B firms. As Pico’s Chairman explains in his new Headline Finance column, the B2B world is responding with marketing strategies that use tech to pinpoint target audiences, and reach them with fine-tuned content via digital platforms and AI.
Trade shows, conferences and even meetings are increasingly taking their cues from music festivals and fan festivals. An article by Darren Lim from Pico+ looks at how and why ‘festivalisation’ can boost engagement, including by tailoring events for maximum audience appeal, providing a choice of brand-audience interactions, and even by letting audiences plan their own agenda. Read it all here.
Cutting-edge identity recognition technologies are maturing and bringing greater convenience to many aspects of daily life. However, there are still legitimate worries about the security and integrity of the personal information we share with companies and institutions. Does blockchain offer an effective solution?
The Pico Chairman’s latest Headline Finance column builds the case for data at the foundation of every successful marketing event. Specifically, the Chairman relates how vital it is to ‘know’ a brand’s target audience before shaping events and brand interactions around their behaviour and preferences. Read the full column here.
The rising expectations of event participants can only be fulfilled with a constant stream of new, fresh and original activities. But adding new content or changing formats can be challenging, especially when venue restrictions are considered. In these situations, the use of technology can open up unlimited possibilities for event planners.
Facial recognition will certainly continue to grow, and people will come to see it as a routine part of daily life. However, some people still feel uncomfortable about the technology. Some feel that having their facial images captured at an event, or having their movements tracked there, infringes on their personal right to privacy. They forget…