ABOUT THE IMPORTANCE AND BENEFITS OF EVENT MARKETING

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

Published: Dec 26, 2023

  Maia Seturi

Abstract

In today's environment, where consumers have a wide range of information available to them, it is important for companies to use more effective and flexible approaches to the market. Modern information technology helps the marketer to be closer to the buyer than in the past and to understand the customer's needs and desires well. In addition, marketers need to have a good understanding of the capabilities and benefits of different marketing communication tools and media channels. In today's competitive environment, it is becoming increasingly important for companies to use incentives that are better suited to today's targeted strategies. Effective marketing communications play an important role in a company's success in the marketplace. It is important in creating an impression of the company and its brands. Events help companies to achieve this goal. The purpose of this paper is to summarise and present the main benefits that companies can achieve through the intelligent use of events. Events are used by many companies to impress other people. And companies can gain their favour by making a great impression on the public. Thus, event marketing influences consumer attitudes towards different brands, consumer behaviour and stimulates purchases. An important question is when and how special events will be implemented. Their proper planning, organisation and execution will bring the company high recognition and economic benefits. Methodology. Secondary data was used in the course of writing this article. Modern scientific works of scientists and researchers were studied, and information was searched for using Internet sources. The paper examines modern forms of event marketing, individual approaches to work in this area and aspects of its development. Research results. Based on various reliable sources of information, a clear picture of the current situation in Georgia in this area was created. It has been found that companies do not use measures with the frequency that would bring them high results. They use only certain approaches. The paper examines the conceptual aspects of event marketing, analyses the definitions and opinions of various scientists and specialists in this area. Practical implications. The article discusses the risks and problems associated with the implementation of events, and presents a number of conclusions and recommendations to improve the efficiency of the use of events.

How to Cite

Seturi, M. (2023). ABOUT THE IMPORTANCE AND BENEFITS OF EVENT MARKETING. Green, Blue and Digital Economy Journal, 4(4), 1-6. https://doi.org/10.30525/2661-5169/2023-4-1
Article views: 334 | PDF Downloads: 171

##plugins.themes.bootstrap3.article.details##

Keywords

marketing communications, events, event marketing, client, impression

References

Caldeira, A. (2019). The influence of event scape on emotions, satisfaction and loyalty: The case of re-enactment events. University of Coimbra. International Journal of Hospitality Management, 82: 112–124.

Dychkovskyy, S., & Ivanov, S. (2020). Festival Tourism as Part of International Tourism and a Factor in the Development of Cultural Tourism. Vilniaus Universitetas, Lituania. Information & Media, 89: 73–82.

Getz, D. (2008). Event tourism: Definition, evolution, and research. Journal: Tourism Management, 29 (3): 403–428.

Hunter, J. (2023). Event Marketing Examples. Cvent, March 30, 2023. Available at: https://www.cvent.com/en/blog/events/event-marketing-examples

Ingram, T., Avila, R., Schwepker, Ch., Williams, M., & Shannahan, K. (2015). SELL. Textbook. Second Edition. Nelson Education, 62–68.

Jashi, Ch. (2020). The New Context of Marketing in Social Media (Conceptual review). Journal: Economic and Business, 1: 152–164.

Kotler, Ph., & Armstrong, G. (2015). Basics of Marketing. 14th edition. Textbook. translated from English. Bakur Sulakauri Publishing House, Tbilisi. 466–486.

Kotler, Ph., & Keller, K. (2015). Marketing management. Textbook. 14th edition. Translation from English. Edited by Todua, N., TSU Publishing House, Tbilisi. 7; 689–697.

Middleton, V., Fyall, A., & Mike Morgan, M. (2009). Marketing in Travel and Tourism. Textbook. Elsevier, Butterworth Heinemann, Oxford, UK, Fourth Edition. 9–11.

Oklobdžija, S. (2015). The role of events in tourism development. Journal: BIZINFO, 6(2): 83–97. Available at: https://pdfs.semanticscholar.org/3481/10dc31155c5bf0552fd0ce16ce3564f86382.pdf

Quinn, B. (2009). Festivals, events and tourism. Book chapters. Technological University Dublin. 1–49.

Seturi, M. (2022). The role and importance of sales and sales promotion in the development of customer relations. Journal: European Cooperation, 2(54): 64–71. Available at: https://european-cooperation.eu/index.php/EC/article/view/139

Seturi, M. (2013). For evaluation of marketing efficiency. Scientific Proceedings of Guram Tavartkiladze Teaching University, 3: 75–78.

Seturi, M. (2019). The role of sales personnel in developing relationships with customers. Journal: Economy & Business. Publisher: International Scientific Publications, Bulgaria, 13: 289–294.

Seturi, M., & Urotadze, E. (2020). Some opinions about sustainable development and tourism (case of Georgia). Proceedings of the conference: Strategic Imperatives of Modern Management. Kyiv National Economic University named after Vadym Hetman. 286–289.

Seturi, M., & Urotadze, E. (2018). About the importance of brand as a system. In book: Cybernetics and Systems. Social and Business Decisions. 1st Edition. Chapter: About the importance of brand as a system. Publisher: Routledge. Taylor & Francis Group. London, 65–69.

Skoultsos, S., & Tsartas, P. (2009). Event tourism: Statements and questions about its impacts on rural areas. Journal of Tourism, 4(4): 293–310.

Smith, A., Osborn, G., & Quinn, B. (2022). Festivals and the City: The Contested Geographies of Urban Events. Technological University Dublin. Published: University of Westminster Press, London. 13–311.

Tavakkoli, M. (2016). Leveraging of the Olympic Games on Mega-Sporting Events: A Strategic Framework for the Development of Sport. American Journal of Sports Science and Medicine, 4(2): 44–56.

Todua, N., & Robakidze, G. (2023). Georgian consumers' perception of brand placement in social media. The New Economist, N 3 (70), Vol. 18. Issue 3. 16–28. DOI: https://doi.org/10.36962/NEC18032023-16

Todua, N. (2018). Impact of Social Media Marketing on Consumer Behavior in the Georgian Tourism Industry. International Academy Journal Web of Scholar, 3 (5(23)):11–16.

Todua, N. (2017). Social Media Marketing for Promoting Tourism Industry in Georgia. 22nd International Conference at Zaragoza. 168–171.

Todua, N., & Urotadze, E. (2022). The Effect of Social Media Marketing on Consumer Behavior of Tourism Destinations. Strategic Planning and Marketing in the Digital World. Edition: University of National and World Economy (Sofia). Publishing Complex UNWE. Chapter: 13. 123–133. DOI: https://doi.org/10.37075/SPM.2022.13

Velikova, E. (2016). The influence of the events in tourism. Journal of Science and Research, 1 (9): 83–91.

Bank of Georgia.ge (2019). Gurjaani Wine Festival 2019 was held with the support of the Bank of Georgia. Available at: https://bankofgeorgia.ge/ka/about/news/details/5da5bb5bc24520a527c9fadd?fbclid=IwAR16gjwBC8X-vXAXnQzBFD8HnfjjH__c-hTjYvzZtomsTCze0ZWEoGxQd7M

Blue Train Marketing (2022). 27 January, 2022, London. Available at: https://www.bluetrain.co.uk/blog/the-benefits-of-event-marketing

Eventive.ge. Planning and organizing events. Available at: https://eventive.ge/chven-shesaxeb/

Five Benefits of Event Marketing (2023). February 3. Available at: https://www.linkedin.com/pulse/5-benefits-event-marketing-mplifyevents

Rembow.ge. We Create You Celebrate. Available at: https://rembow.ge/

New Wine Festival 2023: Meet participant Family Wineries. Available at: http://vinoge.com/patara-WiqebiT/sTriT-fud-festivali-TbilisSi