Professional Documents
Culture Documents
Event Industry
Event Industry
ON
ANAYLSIS OF EVENT
INDUTRY
Submitted By
Dixit Bharti
20BSP0726
Flypscene
Entertainment
Chandigarh
A REPORT
ON
SUBMITTED BY
Dixit Bharti
20BSP0726
Flypscene Entertainment
A Report Submitted in a
Partial Fulfilment of the
Requirement of PGPM
Program of
IBS Mumbai
Distribution list:
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Submitted by
Dixit Bharti (20BSP0726)
AUTHORISATION
I, Dixit Bharti, hereby declare that the Summer Internship Program Report,
entitled " Analysis of Event Industry ", submitted in partial fulfilment of the
requirements of PGPM Program of ICFAI Business School, Mumbai, is a
record of original work done by me under the supervision and guidance of
Dr.C V Joshi, ICFAI Business School, Mumbai and it has not formed the
basis for the award of any Degree/Fellowship or other similar title to any
candidate of any University.
DIXIT BHARTI
20BSP0726
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Submitted by
Dixit Bharti (20BSP0726)
ACKNOWLEDGEMENTS
I would sincerely like to thank our Project Head - Mr. Naval Gatza for
this guidance and constant support throughout the course of this
internship. I would also like to thank my Team Leader - Mr. Vishal
Joon for his remarkable training and advices related to any issue that I
encountered. I would thank the Team for their continuous support and
encouragement.
Last but not the least, I am very thankful of ICFAI Business School,
Mumbai for providing me the opportunity to do the summer
internship program and making it a partial requirement of the PGPM
program.
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Submitted by
Dixit Bharti (20BSP0726)
TABLE OF CONTENTS
AUTHORISATION..................................................................................................................iii
ACKNOWLEDGMENT...........................................................................................................iv
TABLE OF CONTENTS......................................................................................................v-vi
ABSTRACT.............................................................................................................................vii
EXECUTIVE SUMMARY....................................................................................................viii
INTRODUCTION......................................................................................................................1
Planting of the seed................................................................................................................1
About FlypScene Entertainment............................................................................................1
INDUSTRY ANALYSIS...........................................................................................................2
Introduction to the Event and Marketing Management Industry ..........................................2
Event and Marketing Management in 2021...........................................................................3
Event and Marketing Management as a Career……………………………………..4
Growth of Event and Management in Today’s World and Latest Trends………4-6
Competition Analysis……………………………………………………………….7
SWOT Analysis..................................................................................................................8-9
SUMMER INTERNSHIP WITH FLYPSCENE ENTERTAINMENT..................................10
Job Profile as an Event and Marketing Manager.................................................................10
What is Event and Marketing Manager...............................................................................11
FypScene Event and Marketing Manager Role’s and Responsibilities..........................11-13
Customer Service.................................................................................................................14
Providing Customer Support via Social Media...................................................................14
Marketing Strategy..............................................................................................................15
Products or Services.............................................................................................................15
Price......................................................................................................................................16
Promotion…………………………………………………………………………..16
Location……………………………………………………...............................16-17
Target Market……………………………………………………………………..17
Market Position……………………………………………………………………17
Recent Events of FlypScene with Venues………………………………………....17
CHALLENGES FACED AND OVERCOMING THEM………………………...18-21
FINDINGS/LEARNING....................................................................................................22-24
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Dixit Bharti (20BSP0726)
ROLE OF DATA IN EVENT AND MARKETING MANAGEMENT............................25-28
LIMITATION IN EVENT AND MARKETING MANAGEMENT.................................29-30
CONCLUSION........................................................................................................................31
BIBLIOGRAPHY....................................................................................................................32
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Submitted by
Dixit Bharti (20BSP0726)
ABSTRACT
Summer Internship Program is a program undertaken by Students of IBS
Mumbai under the guidance of their respective faculty guides.
This program helps the students to gain practical experience by completing
various task or projects given to them by their respective Companies
Summer Internship normally last for a period of 3 months were it helps the
students to learn and develop various new skills that will be helpful for their
future endeavors.
The Summer Internship Program that I have undertaken is the process of
event and marketing management.
The Company which has given me this opportunity is Flypscene
Entertainment.
I am given the post of an Event and Marketing Manager for Chandigarh,
Mohali, Panchkula and my primary responsibilities were: Event Planning,
Marketing, and Venue Management
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Dixit Bharti (20BSP0726)
Executive Summary
Objective of SIP: To gain Insights into the working, technical competence, operational
skills & specialization that is required organize and successfully complete FlypScene’s
events at Chandīgarh Tricity’s venues.
Background: It all started in 2018, while working for an MNC for events and Marketing, our
founder’s head got intrigued by the concept of Corporate and Entertainment Events and IPs.
That’s exactly when they started working on the Conceptualization of an organization which
provides with new solutions for entertainment to the audience.
Market Research begun and an analysis of the Global Entertainment industry was studied for
a good period of over a Year.
New trends were observed and adapted. Networking was being carried out. Ground Work
was being carried out to hit the Market with a bang.
Founder’s vision was, ‘’ If any of my Event is same as my previous one, It
cannot be as entertaining as it is in the first time. Entertainment is all about
bringing in something new, which can intrigue the audience at the show, making
it a memorable experience for them.
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INTRODUCTION
When the world was recovering from the worst pandemic hit, everyone was busy adapting
with new ways of life and getting back on track, Sarthak Gupta along-with some of his long-
time buddies, thought of bringing-in new concepts of events and entertainment IPs to the
market.
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INDUSTRY ANAYLSIS
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Dixit Bharti (20BSP0726)
Event and Marketing Management in 2021
Whenever you saw a program like 'Filmfare' awards or those pop concerts and beauty
pageants you would have wondered how people managed to set up such brilliant shows.
Every tiny detail from your entering the venue to your going out is a result of rigorous
planning. Well…that's event management for you. One of the fastest and the most
glamorous upcoming professions today, it means rubbing shoulders with who's who of the
crème-de-la crème layer of the city. Event management, the most profound form of
advertising and marketing, is a glamorous and thrilling profession. It provides an
opportunity for unleashing one's creative potential to a very high degree. It demands a
lot of hard work and effort but at the same time offers enormous scope. Event
management is a process of organizing a professional and focused event, for a
particular target audience. It involves visualizing concepts, planning, budgeting,
organizing, and executing events such as fashion shows, musical concerts, corporate
seminars, exhibitions, wedding celebrations, theme parties, product launching, etc.
Event Management is a multi-million-dollar industry, growing rapidly, with mega
shows and events hosted regularly. Surprisingly, there is no formalized research
conducted to access the growth of this industry. The industry includes fields such as the
MICE (Meetings, Incentives, and Events), exhibitions, conferences, and seminars as
well as live music and sporting events. On the professional side, event management is a
glamorous and exciting profession that demands a lot of hard work and dynamism. The
logistics side of the industry is paid less than the sales/sponsorship side, though some
may say that these are two different industries.
Top Event Management Companies in India
1. Wizcraft
2. Percept
3. Tafcon
4. Showtime group
5. WOW Events
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Event and Marketing Management as a Career
The events industry is creative and regularly innovating. It is adapting continuously to new
technology and has the potential to survive adverse economic and political circumstances.
Creative content and constant innovation have played a key role in enhancing the growth of
the industry.
The largest users of events are the Media and Entertainment and Telecom industry.
The EEMA [Event and Entertainment Management Association] brought out a report
in
September 2017. Some of its significant findings were,
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This figure represents the organized events in the country. Only 50% of the total
industry.
The figure also excludes induced revenues.
Direct benefits such as telecast rights are also excluded in this figure.
By the year 2022, it will have a value of US$ 2 billion.
Digital Events are the most popular and are earning heavy revenue for organizers
today. These are expected to contribute 8% of the total industry revenue.
The Managed Events segment has the potential to generate 53% of the total
revenue in the coming 4 to 5 years.
Activations have the second-highest potential at 22%.
Intellectual Property events account for only 2% of the total number of events.
They contribute 17% of the industry’s total revenue. 75% of clients of event firms
are corporates. Among these 36% are Indian companies and 19% are The
Government and Public Sector contribute 11% of the total business.
High Net Worth individuals contribute 9% and associations constitute the
remaining 5% of clients.
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Reasons for growth
We can attribute the growth of the industry to digital activation and rural expansion.
Growth in the number of mini-metros has also played a key role. The rise in the number
of sports events and increased Government marketing initiatives has given the events
industry a new face. The last
decade has seen a leap in the number of reality shows in the west and India too has
followed the trend.
We find that purchasing power of people is increasing and hence there is an increase in
product launches. The number of personal and family events has also increased.
Mixed reality, a combo of the virtual and real is becoming a constant in today’s
events. The latest technology makes it easily available and affordable for the
masses.
AI has a role to play from the time of conceptualization of events till the
organizers collect feedback.
Crowdsourcing is a norm today.
Old is gold, novel ideas from the past are getting back to the
mainstream.
Venues are no longer stadiums and convention centers.
Real-time data is being used for deciding the shape and course of events.
Event security is one of the priorities of organizers.
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Competition Analysis
Competition analysis for event management allows you to identify event opportunities and
take into account the dangers associated with particular business activities. That’s why
event organizers analyze the market and their competitors before planning and event
organization.
The careful analysis of actions helps to develop optimal solutions and actions for the
successful development of your enterprise. Effective event management competition
analysis and the alignment of a business strategy
depend largely on the ability to predict the reactions of competitors to certain
business events.
FlypScene’s Competitors
The field of Event Management is a very competitive sector and to survive in the
competitive market each and every event management company are taking different types
of planning, strategy, and competing with each other. Nowadays in the Tricity of
Chandigarh, different event management companies exist where each and every one is
competing with one another to keep their appearance in the market. During my internship
period, one of my major responsibility was to monitor the activities of the competitor of
FlypScene. The list of major competitors of FlypScene in Chandigarh are given below-
Story creator
EYP Creation
Royal Aura
Champagne Shower
The Magicians
Gaah
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SWOT Analysis
Strengths
These are the features of the event and marketing management (conference,
workshop, and training course) that can contribute to the project’s goal. Think
about what is a strong feature of your event.
Exceptional leaders – if you organize an event and you can offer its attendees
contact with someone who is an authority in a given industry, it will certainly be
your strongest asset.
Experienced and motivated team – working with people who know what to do
and at the same time work with commitment – regardless of whether they are
volunteers or professional event coordinators – increases the chance of success of
the event.
Effective solutions for event management – an efficient online event registration
and payment processing system certainly supports the success of the event.
Effective tools for the promotion of events – if you operate in the event industry,
you already know that without marketing in the social media promotion isn’t
really possible.
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Weaknesses
These are the features of the event and marketing management that can prevent you from
achieving your goals. Think about the weaknesses of your event.
Lack of sufficient financing for the event – organizing events with an insufficient
budget may contribute to its failure. Check if you have the right buffer in case of
unforeseen expenses.
Inexperienced event team – if there is a large staff turnover in your event team,
this is definitely a weak side. You have to start working on it ASAP. There is
nothing worse for an event than an inexperienced, uninformed employee on the
first line of contact with your client.
Inefficient registration and event management system – check whether the system
you use is efficient. If it hangs up, runs slowly, loses data, can’t handle immense
Internet traffic, or is complicated, it is time to change it.
Opportunities
These are external factors that can be helpful in achieving event and marketing management
goals.
Little competition – if you operate in a niche market, you have the chance to
strengthen your position and prepare for the times when your competitors
become strong.
Favorable economic conditions – the market situation is your ally, use it to prepare
for potential “bad times”.
Support from local authorities – if you have the opportunity to cooperate with
local governments or local respected NGO’s it is great! Use this chance to work
on the image of both, the event and your company.
Threats
These are external factors that may prove detrimental to the achievement of the event and
marketing management’s goals.
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Submitted by
Dixit Bharti (20BSP0726)
Summer Internship with FlypScene
We partnered with various firms and companies in order to be able to deliver the most
comfortable and enjoyable experience to the clients. For instance, we partnered with Book
My Show Pvt. Ltd. for the online ticketing of our shows and also introduced the End-to-End
RFID Card Solution to our events. we partnered with Book My Show Pvt. Ltd. for the online
ticketing of our shows and also introduced the End-to-End RFID Card Solution to our events.
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Dixit Bharti (20BSP0726)
What Is an Event and Marketing Manager?
An event marketing manager oversees the development and delivery of events held to
promote a company, brand, or product. In this role, your job duties include managing a
team of event planners and consulting with the company’s marketing and sales strategists
to determine how to successfully produce public or private events, such as pop-ups,
tastings, or openings. Qualifications for this career typically include some education in
event management or a few years of related experience. You should be familiar with event
management and coordination and have excellent verbal communication and leadership
skills.
Initial Phase
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Mid Phase
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On Ground Phase
Deliver events on time, within budget, that meet (and hopefully exceed)
expectations.
Ensure excellent membership service and quality delivery
With input from the Project Team each year, I developed, maintained, and
delivered on an annual plan for events that ensured a balance between all the parts
of the event team, thus delivering the best party events in Chandigarh.
Plan event from start to finish according to requirements, target audience,
and objectives
Come up with suggestions to enhance the event’s success
Prepare budgets and ensure adherence
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Customer Service
Providing great service is an essential component of organizing a successful event, and
FlypScene realizes this. When arranging an event, companies can make customers happy
by anticipating their needs and offering them service which goes beyond their
expectations before and after the event takes place. Maintaining a high standard of
customer service is particularly important for an event management company like
FlypScene since it helps generate positive word of mouth and referrals.
When organizing an event, consider the following tips that will help companies
offer a better service experience and create a lasting impression.
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Market Strategy
Every business needs to construct, maintain and continually evolve an integrated
marketing communication system. Such a system is comprised of advertising, publicity or
public relations, and personal selling with all parts focusing on the firm’s targeted
customers and delivering a consistent and reinforcing message that extols the benefits of
the firm’s products or services. Entrepreneurs who fail to communicate with their
customers run a serious risk of declining sales. Their silence may be perceived by
customers as a lack of interest on the part of the business. So as new entrepreneurs,
FlypScene needs to identify our potential targeted customers and make a structure of
marketing communication system to maintain a decent communicative relationship with
those customers.
Products or Services
Business means to make a profit by selling products or services and satisfy the customers
by fulfilling their needs. At FlypScene, we are not selling products directly whereas it is
more about providing service. Arranging various events is our main service including the
main outfit. FlypScene’s service is not only about the outfit but also about interior
designing, architecture, printing & packaging, annual meeting/ seminar/ conference/ fair/
exhibition, etc. arrange and decorate, arrangement of the national and international concert,
catering, whole decoration including the place, music system, photography, rent a car,
Mehendi on hand, distributing invitation cards, etc. We mainly try to work with colors and
try to give a colorful flavor. We hire the special teams who mainly work as our agents.
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Price
In pricing strategy, it varies from event to event depending on how much they want to
spend for their event. The more they will spend the more it will be creative and gorgeous.
From customer budget, we usually fix how much will be spent on what sector. But still,
we have three kinds of the package at three different prices. Depending on the season our
price even varies.
Depending on the pick and off pick season the price varies from event to event. December
and January is winter season and very suitable for any event such as a concert, wedding
ceremony, annual general meeting, etc. June, July is also considered as our picking season
because lots of people come from abroad to get married or to attain friends and relative's
weddings. So the price is a little higher during this time from the whole year. At
FlypScene, we try to give a discount to our clients from our agents so that it becomes
beneficial for our clients. At the same time, it’s beneficial for our agents too because they
are getting all of our customers. To give this kind of facilities we have to go for a contract
with our agents that if we send our customers to them they will honor them by giving a
discount.
Promotion
Promotion is a sales presentation that is non-personal in nature and is paid by any
identified sponsors. Again, it is a form of communication intended to persuade an audience
to purchase or take some action upon products, ideas, or services. It includes the name of a
product or service and how that product or service could benefit the consumer, to persuade
a target market to purchase or to consume that particular brand. These messages are
usually paid for by sponsors and viewed via various media. Advertising can also serve to
communicate an idea to a large number of people but we are not available in any kinds of
advertisement through Tvc. As Event managers, the first and foremost thing is to make
company profiles, business proposals, and Facebook pages, Instagram handles for
advertising and promotion of our services. Actually, FlypScene’s targeted customers are
the youth of Tricity. So we choose clubs, malls and other such places for our
advertisements and promotion, where most of the time they are found to shop and hang out
with their friends. Besides, Facebook can play a vital role in the advertisement because
almost every person has his or her own account on Facebook. These activities for our
advertisements are applicable for future or after getting little bit known by the people. But
for the first time, we want to target our family members and friends to promote, and
gradually we will expand our networks in the future by social media platforms like
Instagram, Facebook, and by word of mouth.
Location
FlypScene is primarily based in Chandigarh, and operates in all of Tricity. Moreover, it is
very easy for the organization to communicate with all other clients or companies located in
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a different place, as a result, our executive can easily move on to that particular organization
for meeting purpose. So consider about location or place FlypScene is in a strong position.
Target Market
Every business should have a specific target market. Otherwise, it’s difficult to look
forward to what they want to sell and to whom their product will fit.
Cause any service or product is produced base on the target customer. FlypScene’s main
target market is the youth and club-going people of Chandigarh and its neighboring cities.
In our country still, people are not that much familiar with the term of Event management.
Moreover, they think it's money-saving if it is organized by themselves than an Event
planner. Whereas most of the time they forgot about the hassles that they might face during
the arrangement of the Event especially sourcing, securing, and arranging the necessary
element. But nowadays there are lots of people who really want to avoid this kind of
hassles and look for an Event planner. In this case, they are not that much concerned about
the money. They have a big budget for their event to give a versatile look of their dream.
Only for this reason at the very beginning, the target market is fixed to the youth and club-
going crowd. But we have hope that how the days will pass people will get an idea about
our work and will have faith in us our target market will spread more.
Market Position
FlypScene has already done a lot of club events with many renowned artists. The
innovative ideas and creativity have already got attention in the event management world
and took a prestigious preferable place. The many venues of Chandigarh Tricity where we
at FlypScene organized events with a huge success are- Lazy shack, Junglee bar, Ministry
of Bar Exchange, Grapho07, Chugli Cafe, Hyatt, The Reef, ASOD, etc.
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Challenges Faced and Overcoming Them
Getting into the black hole of a poorly crafted event fund is not something new. I am
certain that every event planner has faced this problem at some or other times.
The idea of ‘plan and spend as you go’ is what most of the event planners are incorporating
and hence, they wind up either spending more than the actual budget. Or sometimes it is too
late to realize what mistake they have made.
And hence, I framed an event budget for FlypScene and decided where and how to spend
my event funds as soon as the planning incepts were recommended. I did my research
regarding your event supplies, created a spreadsheet of estimated costs, and sat with the
team to finalize the budget.
And by little things, I mean those last minutes’ tasks and details that fall in- between at
the end moment. Though, when you fail to do them, they hit really hard.
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For instance, forgetting to take the specific technical equipment that you’d need or
changing the seating arrangement. Therefore, I thought it would be best to form a team.
The benefit of having a great team at FlypScene was that I did not have to remember
every single detail and do every little task by myself. I assigned tasks to my team and
followed up with them every week to know how things are falling. This is a productive
way to get things done without letting them fall into the cracks at the last moment.
Selecting the perfect venue which suited my event was arguably one of the most important
things in event management and management I faced.
An event venue sets the theme for the event and many other subsequent details like
whether you’ll need decor or transportation and such things.
Thus, I chose a venue that was a fit for the event at FlypScene added a lot of value too.
Value can be anything of importance that is being facilitated with the venue like projectors,
free wifi, or other tech products.
Choosing a venue that added value to my event was one of the most important things
which drastically brought down my event management time and spending.
4. Uncooperative weather.
Uncooperative weather is an instant epidemic that can totally break your event within a
few seconds. And hence, I prepared myself with the backup supplies every time.
One might not be able to face a snowstorm or extreme heatwave but you can surely tackle
rain showers, light snowfall, or moderate heat with a little homework and having extra
supplies on hand.
For example, I prepared myself with umbrellas and ponchos in case rain is in the forecast. I
also stocked up juices, water bottles, and sunglasses.
Because of this, the attendees surely appreciated my forward-thinking.
Also, this way I got an extra opportunity to market the events of FlypScene through event
merchandise.
I remember an event planner friend who always used to think that he had enough time to
pull off his next event. And he always ended up thinking why didn’t he start planning
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sooner? I made sure that I wasn’t like this in my work, management and planning.
Therefore, one thing I made sure of was to plan as soon as possible by outlining my short-
term vs. long-term goals.
Depending upon the complexity of my event and marketing goals, I figured out a specific
time to touch base on my progress on the calendar.
Most of the time we got a larger than expected crowd at FlypScene, and thus we were
assured that our marketing tactics did wonders!
While a large crowd is what every planner dreams of but having them at the same place
would require some kind of crowd control and hence it is important to understand the
dangers of it. To overcome this, I was ready with adaptive strategies that can keep a large
crowd organized with proper signage in the entire event venue.
Also, I kept a track of how many people were planning to attend my event through the
discussions, engagement, and panels I held before the event. Figuring out these things
not only created a stress-free environment but also raised the level of trust among the
attendees and my team members regarding my planning skills!
With so many moving pieces and the event date quickly approaching, it’s easy to start
spinning your wheels, waste time, and sometimes feel hopeless.
Keeping this in mind, I created timeline months in advance and made sure that every item
assigned a responsible party and has a deadline. I went over the timeline with my team as
well as our client/partner’s team. Also, I build-in a bit of cushion time and created check-
in dates throughout to make sure that everything is on track or so that adjustments can be
made
Vendors are a necessary factor in almost every event. Everything from food and beverage to
social activities to the latest tech features is usually outsourced. Thus I had to find the most
reliable and fitting vendors for your event. I conducted my own research and also asked my
trusted network of colleagues and business partners for referrals. Then I started scouting,
initiate an open and sincere dialogue. I made sure to be upfront about my needs and the
budget to determine if there is a good match.
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Dixit Bharti (20BSP0726)
9.Creating an engaging experience
Attendee engagement is one of the most important goals of every event. It was a challenge
for me that with varying interests, fatigue, and distractions working against the situation, I
had to create engaging and memorable events at FlypScene. Thus I created an engagement
strategy for pre-event, the event itself, and post-event. This helped a great deal in boosting
engagement before the event.
While sponsoring an event, the only motive of a sponsor is a multiple-fold ROI on their
spending. More event organizers are locking horns for on- boarding sponsors for the same
category. After all, it is their money that you’ll be using to make your event a success.
Thus I had to be more realistic and creative in reaching out to sponsors. I made sure to
show them concrete data in a comprehensive format. Always remember that sponsors are
businesses who love their numbers more than they love you. To make them confident
about the event, I used simple pie charts and graphs to show them the impact. The best
approach regarding this was to study the sponsor before reaching out. Another important
thing I did was figuring out what they wanted and offered them exactly that. Following all
these methods, I got sponsorship for the next year's event of FlypScene in this year only
by offering low-risk sponsorship solution
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Submitted by
Dixit Bharti (20BSP0726)
Learnings and Findings
Learnings
As an intern, I have done my internship from FlypScene only for these past months with
lots of hard work and have tried my best to learn and cover the whole things of any kind of
organization's activities or operations. Some kinds of activities are highly restricted &
confidential for the intern. Never the less as an intern I have tried my level best to cover
and learn most of the major/ essential activities in my first-hand experience which require
any kinds of marketing as well as event management operation. Whatever I have learned
from the internship with FlypScene, those are given below-
I have conducted the task - by searching the internet I have to find out the newly or
currently launched companies in the market of Chandigarh and have to make a list
of them with details of that particular companies and also have to make a list of
our valued as well as potential clients and entered those data in a database system
for further contract.
I have to communicate with my target audience over the phone according to the list
or database for presenting our company activities and set a meeting for a detailed
presentation. After successfully set the meeting I have to search and studying the
company profile and physically visited the clientele place and trying to bring the
work order from them. I have to follow up also time to time with our old clients
and maintain a good and long-term relationship with them.
I have always to keep liaising with designers and printers to fulfill the work order
of our clients as well as for on-time delivery.
Maintaining and updating customer databases.
Supporting the marketing manager and other colleagues by providing various marketing
information and share knowledge.
Attend Various Customer events.
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Delivering presentations to the clients.
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Writing and presenting reports to clients and senior management.
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Findings & Observation
FlypScene is in a better position in respect of sourcing and supplying various work
orders because they have very good and strong liaising with the suppliers as well as
the contact person to deliver the required elements for event setup.
They have a very good and strong relationship with various clients and have
strong links for promoting their events
They have good communication among the employee and have a good
communication network domestically as well as in other cities.
They have a scarcity of experienced and well-skilled architects, interior
designers, and printers.
It is very difficult to survive in the market because there are lots of old and
experienced competitors available in the event management sector.
One of FlypScene’s main aims is covering the event and clubbing industry in
other cities like Patiala, Ludhiana, Jalandhar, Karnal, and Delhi.
The training system is available for the team member, as a result, it takes not a
long time to get desirable output from the employee.
It goes without saying that Research is the guiding force for any kind of
Organization. And in FlypScene there is a little less emphasis on the Research
system.
The total number of employees and team members is sufficient and has strong
media and corporate contacts.
There is an amazing and proper working in place. As a result, there are huge
motivational tools for FlypScene’s team members.
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Dixit Bharti (20BSP0726)
Role of Data in Event and Marketing Management
Big data plays a crucial role in many industries, and event management is just one of them.
People all across the world are relying more and more on their smart devices, and it has
become increasingly easier for event organizers to gather and use data to cater more directly
to event attendee’s experiences.
Event planners are leveraging big data to deliver highly personalized events and boost
attendee engagement. In this article, we’ll look at some of the ways you can use big data to
provide better event experiences and learn more about your audiences’ needs and
expectations.
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The good news is that implementing data analytics in your event management doesn’t have
to be complicated. You can work with the data sets that are already available to you and
extract valuable insights from them.
If you’re not collecting any data from your target audience or attendees, the first step is to
identify the key data points you’re most interested in. For example, if you’re hosting a
business conference, you will need to know where attendees are traveling from so you can
provide each attendee the best advice for lodging and commuting to the event venue.
how you can implement big data in your event management business.
Below we discuss some ways big data can help event organizers plan for successful and
engaging events.
Promoting your event takes up a lot of monetary resources, which is why you need to make
sure you can cost-effectively maximize your audience outreach. By gathering and
analyzing data on your attendees, you’ll be able to find ways to connect with them.
For example, attendee surveys might indicate that most of the respondents first learned
about your event from your social media pages. So, instead of focusing on company
spending on offline marketing strategies, you might consider spending more on your social
media campaigns.
To attract more attendees, you need to ensure that you’re advertising to the right audience;
otherwise, you might experience a drop in event attendance and audience engagement.
Analytics can help you discover when your target audience is actively using social media,
what is the best way to connect with them, and how you should craft your message to get
their attention.
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Big data can help you identify what your prospective attendees respond to, which you can
then use to improve your event management. Having access to this information will not
only help you customize your ads to attract more attendees but will also be useful in
delivering personalized event experiences to your guests.
Analytics can help you figure out the specific topics and themes that most interest your
audience, the guest speakers they want to listen to, and any tools or presentation
technology they’d like you to implement in your events.
By gaining access to the right information, you’ll be able to discover their pain points and
what your guests expect from your events. Start by collecting online search data or using
pre-event survey forms to gather this information directly from your attendees. Similarly,
you can search through social media sites, community sites, as well as this you can make
use of powerful location intelligence and analytics to reveal your attendees’ motivations.
Big data can help you identify the different factors that affect audience behavior and
leverage them to your advantage. You’ll be able to predict trends months (or even years!)
into the future. Predictive analytics lets you make near-accurate guesses and allow you to
see which existing topics have growth potential so you can jump on them before your
competition.
Google Trends is also an excellent tool for discovering what your prospective
attendees search for. By comparing search terms with historical data, you can
predict what will be popular in the future, and when you should host an event
around it.
For example, you can send information to nearby devices using beacons, allowing your
attendees to only focus on the booths they’re most likely to be interested in. This is also a
great way to offer location-based experiences to your guests.
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Pepsi organized a dance party at SXSW, where dancers wore wristbands that would gauge
their reaction to a stimulus. The wristbands measured body temperature, the volume of
music, body movement, as well as physiological arousal through body sweat. This
information was used by the event’s DJ to figure out what music people loved the most. In
addition to this, it enabled the crowd to control lighting, bubble machines, and smoke
machines.
4: Crowd Shaping
Another way big data can help you improve your event management efforts is by letting
you better manage crowd densities at the venue, also known as crowd shaping. It’s an
effective way to make sure attendees can enjoy your events without openly influencing
their behaviors.
For example, if you see a crowd of people around the book signing tables, you may
decide to extend the time allocated for that particular activity in real-time. If a guest
speaker is about to take the stage, you can send out notifications to let attendees know
that they can get their books signed after the lunch break.
In addition to this, you can use data from past events to improve upcoming events. For
example, if data from one event indicates that attendees like open spaces to walk around
during breaks, you can use this information to book future venues with plenty of extra
space.
In its simplest form, geolocation is capable of giving you information about the location of a
person. Beyond that, it can be used by event organizers to gather crowd density data about
events. This allows them to manipulate crowd flow more effectively.
Crowd Shaping and big data come together to help you identify problems in your crowd
flow and enable you to solve them by making proper adjustments quickly. In the long run,
this information will allow you to make better event management decisions (such as
opening more check-in lines) and go for venues that meet your audiences’ specific needs.
The event organizer at C2 Montreal gave RFID badges to their attendees that collected
their location data. This allowed organizers to see where the majority of the attendees
gathered and which event places received less traffic. They found more crowds near food
tables, which led them to send more food service staff to those places.
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Limitations of Event and Marketing Management
Event management is a fairly stable career with lots of flexibility. You can work for an events
firm, in self-employment, or for a private company. You typically need at least a bachelor's
degree to work for an event planning company. Despite career advantages, event planners
must also consider some common disadvantages of this career path.
Long Hours
During a typical week, an event planner may work a fairly normal 40-hour week.
However, some weeks on the job are longer and more intense.
When planning for a major event, you often spend hours in meetings with coworkers and
clients. Event days can also be quite long. You might spend part of the day engaged in other
projects, several hours coordinating the day's event, and more time at the event ensuring
everything goes well.
Travel
Not all event planners travel outside their local market, but many do. You might travel by
car to nearby event locations, or by plane to coordinate and plan an out-of-town event.
Travel may include visits to potential meeting sites with clients to figure out the best
locations. In some cases, you may also travel to meet with prospective clients to pitch your
services. If you like to travel and new places, this can be a positive -- but it can be a burden
if you have a family.
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Client Demands
Event management is distinct from a variety of service-oriented careers in that your
involvement with each client plays out over time. You may meet with a client the first time
and continue interacting for an event several months or longer down the road. Clients,
especially those spending a good amount of money, want you to keep them in the loop.
Constant phone calls, special requests, and changes in plans are common, especially with
more particular or needy clients.
High Stress
Imagine a job where any slip-up you make could seriously damage an event that costs a
client tens or hundreds of thousands of dollars and involves hundreds of participants. That
is event management. You have to coordinate hotel and travel reservations, organize
activities, select food and decorations, ensure audio/visual setup and prepare stationery. On
the day of the event, planners must check on setup details and take care of any last-minute
needs.
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Conclusion
Event management is a glamorous and exciting profession that demands a lot of hard work
and dynamism. As the name suggests, it means conceptualizing, planning, organizing, and
finally executing, etc. This industry is just new in Chandigarh, but with event companies
such as FlypScene, it holds a lot of promise for expansion.
It offers enormous scope for ambitious young people. Event is the planning and
implementation of events, large and small that meet the marketing goals of an
organization. Event management is an area that is growing rapidly and is expected to have
a better growth rate in the next decade.
Typical events organized by professional event managers include product launches, parties,
sponsored events, sporting events, competitions, concerts and festivals, fundraisers, trade
shows, corporate open days, seminars, and tours. The event management sector has greater
potentiality and scope to develop and can contribute to the employment as well as
economic, entrepreneurial, and cultural growth of Chandigarh.
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Bibliography
https://www.eventbookings.com/challenges-event-managers-face/
https://www.swiftdigital.com.au/blog/role-event-manager/
https://trainingroomsg.com/rental/overcome-event-management-
challenges/
https://blog.megavenues.com/the-rise-and-rise-of-events-industry-in-india-events-
industry- statistics-in-india-5353572a103e
https://smallbusiness.chron.com/accreditation-event-planning-21727.html
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