Friday 31 January 2014

Boris’s ‘Brand Park’ is testament to how far Experiential Marketing has come




Experiential marketing, brand experience, brand behaviour, live engagement, three-dimensional marketing.…whatever you choose to call our discipline, I can’t help but feel how far it’s come with the news that the LDA have given the green light to develop a 50-acre ‘Brand Park’ in Silvertown Quays, East London in 2016.

I’m proudly going to show my age here.  I have been working in the experiential sector for just over 15 years.  In that time there have been a number of game changing trends that have affected the way marketers have used our discipline, and it pleases me to say that this is still evolving as I write this blog. I’ll approach this chronologically.

Media fragmentation:

Let’s take a step back to the millennium when brand experience was used as a tactical exercise to support a wider communications campaign.  ATL first, activation second.  It usually consisted of a sampling or roadshow exercise for a food or drink NPD.  OK, a slight generalisation, but you get the picture.  It was only when the saturation and fragmentation of conventional media took a proper grip in the mid ‘Noughties’ that marketers began to see the real value in appealing to all the consumer senses. 

And it wasn’t just the traditional users either; the act of ‘bringing brands to life’ started to appeal to multiple sectors.  Broadcasters; consumer electronics; automotive and even online brands benefitted from creating one to one dialogue in a brand controlled environment.  The increasing size and sophistication of brand experiences enabled them to sit comfortably at the heart of a communications strategy. 

Experiential agencies too saw our profile rise and we were increasingly being invited to marketing’s top table, despite the scepticism about the measurability of our work.

Emergence of digital:

And then digital enlightenment began to take hold.  Social media; e-commerce and gaming all contribute(d) to a significant shift in the traditional media model. The emphasis on earned rather than bought media led to brands craving advocacy from an increasing online community.  And I guess this is where experiential has benefitted more than other media.  Simply put, creating real world experiences creates advocates (and content) that migrate onto digital channels. 

Of course, in the consumer’s world, there is no real world and digital world, just one world.  That is the way that experiential now has to think and act.  The truth is that the landscape remains ever changing; creative technology and innovation is continuously keeping us on our toes.

Great campaigns now require the fusion of these two disciplines but when it is done seamlessly with one great idea, the results have proved more than worthwhile.  This union has continued to throw up some added advantage too.  Consumer tracking post their experience and their subsequent habits online are now helping us to find answers to that evaluation question.

Brands as retailers:

So where are things currently unfolding? We are beginning to see brands reclaiming the retail space; this is not so much a new phenomenon as one that is slowly gathering pace.  Brands have indeed been doing it for a while, just look at Apple, Nike and Sony.  However, it is only now that the power of the retailer is becoming so marginalised by the Internet that brands are looking to wrestle back control. 

The recent pop-up shop craze is testament to this trend.  Brands outside the ‘top 20’ are constructing their own retail experiences, then using the buzz it generates to reach its target audience.

This is what leads us onto the rationale behind East London’s Brand Park.  Brands are beginning to seek flexible, large-scale and accessible spaces to develop high value brand experiences for their audiences. The Brand Park will also allow global brands to influence the online spending decisions of customers, which will be worth up to a total value of £221bn by 2016, and ever increasing.

The brand experience will be central to global communication campaigns and content generation. Experiencing a brand’s innovation could become the hottest ticket in town.

Final thought:

It would seem that we’ve come a long way in a short period of time.  Everything seems to have shifted in one way or another.  However, I do take great comfort from the truth that one common thread still exists in the shifting sands - the human interaction and its ability to capture the imagination; to inspire and change behaviour. 

Author: Simon Couch, Director of Experiential, The Network 



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