- To increase brand awareness, engagement and revenue, brands can use the “Throw a Party” marketing strategy.
- It’s a fun way to reach a desired target audience and take the business to a new level.
Getting close to customers in one thing and bringing customers close to you is even better; the “throw a party” marketing strategy does precisely that. It’s a unique way of attracting customers so they come to you. Traditionally, it uses methods like an event to reach a desired marketing goal; such events are attended by buyers and sellers, facilitating ease of buying and engagement.
Brands can plan a party or event with a theme and activities that align with their objectives and target audience. By promoting these events through various channels like social media or email marketing, they create a buzz. The party itself is designed to be fun, engaging, and educational. You can have interactive activities, contests, or giveaways to keep people engaged.
Marketers can also connect valuable data and leads through registrations, social media sharing, engagements, etc., and they can also use custom hashtags. The main goal here is to inform the audience about the product or service, establish relations between buyers and sellers, and create a positive brand image.
This is How Red Bull got its Wiiings using the “Throw a Party” strategy
Besides being a prominent energy drink brand, Red Bull is known for its unconventional marketing tactics. Some of their tricks, like the Stratos Jump, where a man jumped from the stratosphere, sponsoring high-octane events like Air Race, and filming a plane that flew through a tunnel, are some well-known examples of Red Bull’s marketing prowess.
It’s well-known that Red Bull’s marketing strategy is legendary and focuses on creating a lifestyle around their energy drink offerings. The core element of most of these strategies is throwing a party. Using all these tactics, customers perceive the brand as adventurous, high-octane, and energetic. It helps them attract customers rather than spending resources to attract them through conventional marketing.
Red Bull’s “Wings Team”
Experts say that their student brand representatives are a significant component of Red Bull’s throw-a-party strategy. Young adults wear branded backpacks and distribute free Red Bull at parties and events. This helps create a sense of exclusivity, as the product is coming to them at a party in a fun and social setting.
Brand representatives receive some remuneration for their efforts, and users get free Red Bull. Some of these receivers become their future customers, while representatives become passionate about their jobs. Red Bulls “Wings Team” can be said to have the idea behind the “Gives you Wiiings” tagline.
Events & Sponsorship: Another Important Factor
Red Bull provides more than free drinks; they create the party themselves. The company can be seen as a prime sponsor of nearly every event that aligns with its objectives. Dubai Air Race, F1 Race, Cliff Dive, Skydiving, mountain biking, Dakaar rally, etc are some prime examples.
Red Bull understands the importance of music festivals, as they can cater to massive gatherings. Red Bull Music Festival New York was a prime example. They also sponsor genre-specific events. Red Bull tries to inject its energy into music scenes and associates the brand with excitement and youthful spirit.
Extreme sports are believed to be Red Bull’s territory. The company sponsors athletes who push the limits in skateboarding, BMX, snowboarding, and other high-adrenaline sports. These events are live-streamed or televised, creating a global party atmosphere around them.
Red Bull respects and acknowledges urban culture and conducts breakdancing competitions, street battles, and other events focused on urban creativity, which are added avenues for the company. By participating in and sponsoring such events, they showcase the rebellious and artistic side of the brand, allowing them to resonate with young people valuing self-expression.
The company also sponsors crazy stunts and record-breaking feats. The Stratos-jump, where a man jumped from the stratosphere, created millions of views online and multiple records. When a skilled pilot flew a plane through a tunnel, Red Bull also sponsored it.
These outlandish stunts grab headlines and create a sense that anything is possible, which aligns perfectly with Red Bull’s brand image. Red Bull also uses social media to amplify the party atmosphere. By sharing photos and behind-the-scenes videos of the event, they create buzz. User-generated content with branded hashtags, etc., also benefits the brand in multiple ways.
Red Bull’s “Throw a party” strategy has been massively successful, helping create a loyal following and a strong brand identity. Using this strategy, they positioned themselves as the go-to drink for those seeking an active and adventurous lifestyle. People connect with experiential marketing and value word-of-mouth recommendations, and their decisions are triggered by emotional connection.
Why is “Throwing a Party” a Strategic Marketing Move?
Parties are fun, more so if they can become an effective way to achieve your marketing goals. Interestingly, the “Throwing a Party” marketing strategy is a way to use an event like a party to reach specific marketing goals. This strategy is mainly applied to increase brand awareness, generate leads, and boost sales.
Defining Goals is Important strategy
Before pooling resources, create a party marketing strategy and define your goals. Parties can increase brand awareness, generate leads, increase customer acquisition and engagement, and boost sales. They can also help introduce the brand to new audiences and solidify the brand image with existing customers.
If you aim to collect contact details for future marketing campaigns, parties can be a great starting point. You can run contests, fueling engagement and collecting valuable data. Multiple events or activities can be placed to strengthen the relationship with current customers and build a loyal customer base. Eventually, all these efforts can lead to boosting sales.
Know What Your Audience Wants strategy
All your marketing efforts should be based on your audience’s preferences and habits; this way, you can cater to particular demographics. Before throwing a party, understand who you are trying to reach. Categorize the audience concerning age, interests, and professions, and tailor the party theme accordingly.
Red Bull would fit perfectly in a music fest, a Dakar rally, a Monster truck race, etc, as the brand name has become synonymous with such things. Even if Red Bull makes the world’s best wine, it cannot promote it at such events, as the wine-drinking people sit at a different table. Also, understand what are your motivations and desires and brainstorm on psychographics.
Planning & Crafting a Compelling theme is paramount
A unique party theme sets the tone and creates a memorable experience. It could be seasonal, product-related, or based on a current trend. Red Bull events set the tone for adrenaline rush, fun, and excitement. Wine brands like Familia Torres from Spain and Bodega Catena from Argentina must set a calmer and subtle tone for their party. Throw a Party
Proper planning is required to ensure that the party does not bomb or be declared a failure. Consider the audience’s availability and potential dates. Choose a venue that reflects your theme, and it should be able to accommodate the expected guest count. For example, a Red Bull music fest can accommodate thousands, but a hilltop or a ridge would only accommodate a few. Food and drinks must also be considered, and guests should have similar options. Throw a Party
Promote the Party
What’s good is investing heavily in a party that your guests might not know about. Create engaging posts with eye-catching visuals highlighting the theme, date, and RSVP information. You can also use relevant hashtags and consider partnering with influencers for promotion.
Segmenting your email list and targeting the right audience can promote the party. Draft a compelling and engaging email with clear messaging, a call to action and an RSVP link. If the target audience is local, you can also consider the options of eye-catching flyers and posters to be distributed accordingly.
Reaching out to local media outlets, spreading the word through social media, and using word of mouth can help. Inform the audience about the unique theme of the party. You can engage larger audiences by including a charitable component.
Gamify the Experience to Capture Leads and Engage the Audience
You can encourage the audience to participate in contests and giveaways related to your brand or theme. Consider offering prizes that resonate with your audience and brand image. Designing activities that promote engagement, like photo booths, product demonstrations, and DIY workshops, could gamify the party experience.
To capture leads and fuel engagement, you can collect guest information through online registration forms and offer incentives for signing up. These offers could be early bird discounts, raffle tickets, etc. Creating a custom hashtag like IKEA’s #AssembleTogether can be helpful. It can encourage the guest to share photos and experiences on social media, bringing in user-generated content.
Brands can also consider the option of live streaming the portion of the event to engage broader audiences and create a sense of FOMO. Sending a personalized thank you email to all the attendees, including event highlights, can be a great follow-up tactic. By monitoring relevant metrics like social media engagement, website traffic, etc, you can measure the effectiveness of the party marketing strategy.
Remember to carefully plan your budget to increase the success possibility of the party without overspending. Negotiating with vendors and considering creative cost-saving alternatives can be a great alternative to budgeting the party. Creating a welcoming atmosphere for the attendees reflects the brand and its themes.
You should also ensure that the staff is friendly and knowledgeable about the brand dynamics. Staff must be able to manage logistics, answer attendees’ questions, and build rapport with the guests. By incorporating certain techniques, brands can make throwing a party a strategic marketing tool.
Pros and Cons of “Throw a Party” Marketing Strategy
Like any other marketing strategy, the throw-a-party marketing strategy has its own pros and cons.
Pros
Parties are believed to create a fun and interactive atmosphere, which can be used to foster better brand recall and promote positive brand association. Attendees are more likely to receive the brand message when they’re having a good time. Plus, you can tailor the theme, activities, and promotions to attract the ideal customer, eventually boosting the revenue.
Such parties can create a more personal connection with the brand. Guests perceive this exclusivity as a bonus. This targeting method can increase ROI, and excitement at the party encourages people to sign up for email lists. A well-planned party with a unique theme can invite positive media attention, and hosting a party also boosts employee morale.
Cons
Planning and executing a party can be expensive and time-consuming, and there’s a significant possibility that the campaign fails to provide expected returns. Organizing a party is time-consuming, and planning logistics and promoting the event is daunting. Also, parties typically target local audiences, making them less effective for geographically dispersed customer bases.
Plus, there’s a risk of limited reach, low turnout, etc., which makes the campaign unsure about its success. Depending on the scale and location, organizers might need permits. When the party is going great, engagement is high, and measuring the exact impact on sales and brand awareness could be challenging.
In conclusion, the “Throw a Party” marketing campaign can be a considerably strong and powerful tool for building brand awareness, boosting engagement, etc. Ensure that the party organizers are well motivated and know what they are doing at the party. Overall, it’s a great marketing strategy if used properly.