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MPI/GPJCO study shows boost in event marketing
Nov 8,
2005 3:24 PM
The role of event marketing continues to grow, according to
EventView '05, the fourth annual study of face-to-face marketing
trends from the MPI Foundation and George P. Johnson Co.
A total of 96 percent of corporate marketing executives in
North America, Europe and Asia use events in their marketing
mix, and 93 percent view the importance of event marketing to be
constant or increasing. Also, more than half of survey
respondents report the role of event marketing as a "lead
tactic" or a "vital component" of the marketing mix.
Respondents position event marketing as No. 1 in generating
return on investment (23 percent), topping print and broadcast
advertising, public relations, sales promotion, Web/Internet
marketing, and direct marketing.
Respondents are backing up their assessments with budget
dollars. They forecast a 15 percent increase in event marketing
budgets for 2005 over 2004.
To download a summary of the findings, click
here.
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