[P.O.W.E.R. Plug Podcast] How to Use Special Events to Build a Business
Have you ever attended an event and thought “Wow this is terrific! I am so glad I came!”? What made it so terrific? Did you create new connections or did you further existing relationships? Have you thought about how could you use live events as a strategy to build your business?
In this episode, I speak with the Executive Director of the Louisiana Hospitality Foundation, Jennifer Kelley. Jennifer oversees the live events which are the source of 90% of the foundation’s revenue. She shares why special events offer her organization a better return on investment than other types of marketing, and how she achieves the goals of the foundation through creating and sponsoring special events. In 2006, local hospitality leaders created the Louisiana Hospitality Foundation to make a positive impact in the communities they serve. As a certified charity, the business model of the foundation is hosting and sponsoring special events for fundraising revenue. Their mission is dedicated to supporting Louisiana’s hospitality workers by providing education and crisis grants to hospitality workers. To support women in Louisiana’s hospitality industry, Fidelity Bank is sponsoring the P.O.W.E.R Palates month-long fundraiser to aid the Louisiana Hospitality Foundation. Proceeds from menu items at local restaurants will directly benefit the foundation and their mission.
How to use special events to support your mission and achieve your goals
Best practices for event planning
How special events can create and promote community relationships
Why special events are more effective than postal campaigns
How a special event evokes loyalty that an email campaign couldn’t foster
How to evaluate time and resources for optimum return on investment
Why your goals are the starting point for determining the scale of an event
When to turn to a special event specialist to attain the desired outcome
The impact volunteering can have on an awareness campaign
The importance of knowing the community you are serving
Why it's important to test all technology before the event begins
How networking with experienced event organizers helps you avoid common pitfalls