SlideShare a Scribd company logo
@secondstreetlab
@secondstreetlab
Why Investing in
Promotions is
Critical to Your
Events Strategy
Local Media Association Events Workshop
@secondstreetlab
Matt Coen
President & Co-Founder
matt@secondstreet.com
@mcoen
@secondstreetlab
Second Street Platform
PROMOTIONS SUITE DATA SUITE
@secondstreetlab
Promotions Are Increasing
$ in Billions
@secondstreetlab
$0
$10
$20
$30
$40
$50
$60
$70
$80
$90
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
INBILLIONS
source: Borrell Associates
Why Online Promotions?
@secondstreetlab
secondstreetlab.com/lma-events
@secondstreetlab
Promotions
drive event
attendance
@secondstreetlab
Promotions are
the trigger to
create an event
@secondstreetlab
Build
promotions
into event
sponsorships
@secondstreetlab
Use
Promotions to
Create Events
For Your
Sponsors
@secondstreetlab
WHY A
ROBUST
CONSUMER
DATABASE IS
@secondstreetlab
We Events
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
Promotions
drive event
attendance
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
WCKX-FM
Columbus, OH
@secondstreetlab
@secondstreetlab
$10,000
exclusively
from
promotion
@secondstreetlab
State Journal-Register
Springfield, IL
@secondstreetlab
@secondstreetlab
@secondstreetlab
Daily Advocate
Greenville, OH
@secondstreetlab
$100,000
in revenue
@secondstreetlab
Steamboat Pilot & Today
Steamboat Springs, CO
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
Arkansas Democrat-Gazette
Little Rock, AR
@secondstreetlab
po
@secondstreetlab
@secondstreetlab
Orlando Weekly
Orlando, FL
@secondstreetlab
@secondstreetlab
Arkansas Democrat-Gazette
Little Rock, AR
@secondstreetlab
@secondstreetlab
@secondstreetlab
Chattanooga Times-Free Press
Chattanooga, TN
@secondstreetlab
Growing Target Audiences – Young
Family Events
@secondstreetlab
Charleston City Paper
Charleston, SC
@secondstreetlab
@secondstreetlab
@secondstreetlab
Promotions are
the trigger to
create an event
@secondstreetlab
The Commercial Appeal
Memphis, TN
@secondstreetlab
489,291
Votes
@secondstreetlab
Feature Winners
@secondstreetlab
$86K
digital revenue
@secondstreetlab
$104K
special section revenue
@secondstreetlab
$190K
TOTAL revenue
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
2015 Even Bigger
@secondstreetlab
575,000
Votes
(and counting)
@secondstreetlab
Statesboro Magazine
Statesboro, GA
@secondstreetlab
@secondstreetlab
And the Winner Is…Reader’s
Choice
@secondstreetlab
@secondstreetlab
Use
Promotions to
Create Events
For Your
Sponsors
@secondstreetlab
The Signal
Santa Clarita, CA
@secondstreetlab
$5,000
in revenue
@secondstreetlab
1,000
new email
addresses
@secondstreetlab
WPSD-TV
Paducah, KY
@secondstreetlab
@secondstreetlab
@secondstreetlab
164
Qualified
Leads
@secondstreetlab
217
Opt-Ins
@secondstreetlab
WSB-FM
Atlanta, GA
@secondstreetlab
@secondstreetlab
@secondstreetlab
The Atlanta Journal-Constitution
Atlanta, GA
@secondstreetlab
$30,000
in revenue
@secondstreetlab
Build
Promotions
into Event
Sponsorships
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
@secondstreetlab
WHY A
ROBUST
CONSUMER
DATABASE IS
@secondstreetlab
Bigger Database = Bigger Reach
@secondstreetlab
Bigger Database =
More Valuable Promotions & Events
@secondstreetlab
Bigger Database =
More Segmentation Options
@secondstreetlab
Impact of Email
@secondstreetlab
RUN PROMOTIONS TO BUILD YOUR
DATABASE
@secondstreetlab
But these aren’t just email
addresses…
@secondstreetlab
…They are people.
@secondstreetlab
Interests
?
Advertisers
?
Purchase
History ?
Name
?
Email
?
Gender
?
Age
?
Address
?
Postal Code
?
Income
Level ?
CONSUMER PROFILES
@secondstreetlab
Name
✓
Email
✓
Gender
✓
Age
✓
Address
?
Postal Code
✓
Income
Level ✓
CONSUMER PROFILES
Interests Home (Remodeling)
Advertisers
?
Purchase
History ?
HOME IMPROVEMENT SWEEPSTAKES
@secondstreetlab
Interests Beauty, Education, Healthcare,
Home (Buying, Remodeling), Kids,
Restaurants (Italian & Mexican),
Wine
Advertisers • Aveda Salon & Spa
• Bridge Tap House & Wine Bar
• Cardinal Glennon Children’s
Medical Center
• Concordia Elementary School
• Dick’s Sporting Goods
• Keller Williams Realty
• Mission Taco
• Pastaria
• Planet Fitness
• The Magic House
Purchase
History ?
Name
✓
Email
✓
Gender
✓
Age
✓
Address
?
Postal Code
✓
Income
Level ✓
CONSUMER PROFILES
METRO BALLOT
@secondstreetlab
CONSUMER PROFILES
Interests Beauty, Education, Healthcare,
Home (Buying, Remodeling), Kids,
Restaurants (Italian & Mexican),
Wine
Advertisers • Aveda Salon & Spa
• Bridge Tap House & Wine Bar
• Cardinal Glennon Children’s
Medical Center
• Concordia Elementary School
• Dick’s Sporting Goods
• Keller Williams Realty
• McMahon Ford
• Mission Taco
• Pastaria
• Planet Fitness
• The Magic House
Purchase
History ?
Name
✓
Email
✓
Gender
✓
Age
✓
Address
?
Postal Code
✓
Income
Level ✓
“What Kind of Car Should You Drive?” Quiz
@secondstreetlab
Interests Beauty, Education, Healthcare,
Home (Buying, Remodeling), Kids,
Restaurants (Italian & Mexican),
Wine
Advertisers • Aveda Salon & Spa
• Bridge Tap House & Wine Bar
• Cardinal Glennon Children’s
Medical Center
• Concordia Elementary School
• Dick’s Sporting Goods
• Keller Williams Realty
• McMahon Ford
• Mission Taco
• Pastaria
• Planet Fitness
• The Magic House
Purchase
History
Beauty, Local Events, Italian
Restaurants
Name
✓
Email
✓
Gender
✓
Age
✓
Address
✓
Postal Code
✓
Income
Level ✓
CONSUMER PROFILES
@secondstreetlab
Interests Beauty, Education, Healthcare,
Home (Buying, Remodeling), Kids,
Restaurants (Italian & Mexican),
Wine
Advertisers • Aveda Salon & Spa
• Bridge Tap House & Wine Bar
• Cardinal Glennon Children’s
Medical Center
• Concordia Elementary School
• Dick’s Sporting Goods
• Keller Williams Realty
• McMahon Ford
• Mission Taco
• Pastaria
• Planet Fitness
• The Magic House
Purchase
History
Beauty, Local Events, Italian
Restaurants
Name
✓
Email
✓
Gender
✓
Age
✓
Address
✓
Postal Code
✓
Income
Level ✓
CONSUMER PROFILES
@secondstreetlab
UNDERSTAND YOUR DATABASE
@secondstreetlab
READY TO
BUY A CAR
UNDERSTAND YOUR DATABASE
@secondstreetlab
READY TO
BUY A CAR
UNDERSTAND YOUR DATABASE
GETTING
MARRIED
@secondstreetlab
READY TO
BUY A CAR
UNDERSTAND YOUR DATABASE
GETTING
MARRIED
REHABBING
THEIR HOME
@secondstreetlab
READY TO
BUY A CAR
UNDERSTAND YOUR DATABASE
GETTING
MARRIED
REHABBING
THEIR HOME
HAVE KIDS
@secondstreetlab
READY TO
BUY A CAR
@secondstreetlab
READY TO
BUY A CAR
@secondstreetlab
READY TO
BUY A CAR
@secondstreetlab
READY TO
BUY A CAR
@secondstreetlab
READY TO
BUY A CAR
@secondstreetlab
Digital: Targeted vs Non-Targeted
@secondstreetlab
Promotions
drive event
attendance
@secondstreetlab
Promotions are
the trigger to
create an event
@secondstreetlab
Build
promotions
into event
sponsorships
@secondstreetlab
Use
Promotions to
Create Events
For Your
Sponsors
@secondstreetlab
WHY A
ROBUST
CONSUMER
DATABASE IS
@secondstreetlab
secondstreetlab.com/lma-events
@secondstreetlab

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Editor's Notes

  1. https://www.dropbox.com/s/mkdd5ruxox7ggm7/Memphis%20Most%202015%20-%20Mission%20for%20the%20Crown-HD.mp4?dl=0
  2. https://vimeo.com/90983236