Article Meetings / Events 3 min read
What’s Next in Event Strategy?
News that two associations are sunsetting their traditional tradeshows and rethinking their event strategy may illustrate a broader trend. How can your association ensure it's serving industry needs and attendee expectations?
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Late last month came some big news from two associations.
On September 28, the newly rebranded NCTAâThe Internet & Television Association announced that it had decided to sunset its 65-year-old tradeshow (opens in a new tab) INTX. Then, the following day, the Food Marketing Institute said it would not hold its June 2017 FMI Show (opens in a new tab), known as FMI Connect.
In releases announcing these decisions, both groups said they had concluded that the current shows were no longer best serving their industries and attendees.
âWe are now exploring new and better ways to tell our story, to gather our community, to advance our growth and present our vision of the future. We believe large tradeshow floors, dotted with exhibit booths, and stilted schedules have become an anachronism,â said NCTA CEO Michael Powell in a blog post (opens in a new tab). âContemporary venues emphasize conversation, dialogue, and more intimate opportunities to explore and interact with technology. Ending INTX gives us a clean slate, and we are excited to explore presenting our industry in new and different ways.â
Leslie Sarasin, president and CEO of FMI, had similar words about her groupâs decision.
âAt FMI, we continue to believe that events designed to bring together the entire food retail industry and their partners for meaningful conversation, education, exploration, and networking are desired and needed, but we have concluded these gatherings should occur in a framework that differs from the current FMI Connect design,â she said.
Sarasin acknowledged that FMI may have fallen short of attendee expectations and changing industry needs over the past few years, which is why now is the time to rethink the organizationâs event strategy.
âWe must design new occasions more appropriate to the faster-paced rhythms of food retail, and in unique formats more attuned to the specific needs of our industry,â she said. âWith the elimination of having to fill football fieldsâ worth of space as âThe Showâ configuration required, FMI will be liberated to explore new, focused, and more flexible events.â
While meetings and tradeshows are reliable nondues revenue generators from registration fees and booth sales, NCTA and FMI arenât alone in realizing that traditional formats may not be the best or only way to serve their members.
In the latest issue of Associations Now, writer Karla Taylor explores why todayâs attendees are looking for an experience to remember and shares five steps for how organizations can deliver one. Also included are examples from three associations that have rethought the attendee experience.
âWhy does creating an experience matter?â she writes. âAgain, it comes back to the unique potential of live events. Your audiences left their offices in search of something truly different. Theyâre hoping youâll help them find it.â
The Direct Marketing Association is one group that has reinvented (opens in a new tab) its conferences and events. At its &Then conference (opens in a new tab), which takes place this month, DMA wants attendees to âLearn new things. Be inspired. Get motivated.â The event was curated by marketers for fellow marketers and includes the reimagined expo hallâExperience Zoneâand Hot Zone startup competition. Speakers, like Kobe Bryant, âwill explore the science of creativity and how marketers can benefit from exploring data-based creative solutions.â
Here at ASAE, we are also trying out new meeting experiences that forgo the traditional format. In May, weâll launch Xperience Design Project (opens in a new tab). Over two days, those who plan, host, and support meetings will find shared solutions to industry challenges using co-creation. âThe event will be 100 percent interactive, allow for one-on-one conversations, and build important relationships, so our members and industry partners can elevate how they conduct business as well as implement their meetings,â said ASAE President and CEO John H. Graham IV, FASAE, CAE.
Neither FMI nor NCTA have announced whatâs next for them on the event front. But keep an eye out, because given how honest and forward-thinking theyâve been about sunsetting two long-running meetings, Iâm excited to see what each delivers next.
How do you think traditional meeting and tradeshow formats will continue to evolve due to industry demands and attendee needs? Please share in the comments.
Oprah, right, shown at the 2011 Cable Show, the predecessor to NCTA’s recently-retired INTX tradeshow. (via NCTA’s Flickr page)
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