Professional Documents
Culture Documents
1
DESIGNING EXPERIENCES
Topic 3
Experiential Marketing
2
Learning Objectives
3
Experiential Marketing
Traditional marketing
Experiential Marketing
Focus on
functional Customers are assumed to
features and make choices based on features
benefits
Wendy’s
Burger king
Mcdonalds
Narrow competition
. .
Customers are viewed as rational decision
Evaluation of alternatives
makers
Purchase and
consumption Customer Information search
Need Recognition
Methods and tools are analytical
quantitative • Standard traditional marketing
methodologies are analytical,
quantitative and verbal.
Characteristic
- Involves emotional and sensory experiences
of Experiential
- Experiences provide sensory, emotional, cognitive, behavioral, and
relational values that replace functional values
marketing
A focus on consumption of as a holistic experience
Characteristic
- of Experiential
Emphasis on specific experiences
- Brands prefer putting a tagline on the experiences
marketing
- for example "grooming in the bathroom“ - gives the customer a way
to express their experience in words
Customer are rational and emotional animals
Characteristic
- Combination ofto study consumer behavior
of tools
Experiential
- The marketers usemarketing
eye tracking, survey, polls and so on to determine
the consumer buying behavior
Characteristic of
Experiential marketing
?
Conclusion
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