How to Attract Millennials to Your Next Event

November 25, 2016

Eddie Newquist

Eddie Newquist- Eddie Newquist is Chief Creative Officer at GES. He’s an award-winning creative executive, designer, filmmaker and inventor with three patents and counting! He’s best known for his work on some of the world’s most successful entertainment franchises including Harry Potter, Cars, The Terminator and Jurassic Park.

In a world where competitive lifestyles and social media are stressing people out, it’s no surprise that the Millennial generation is turning to live events to spend money and make memories.

AccAording to an Eventbrite survey, 78% of Millennials (Americans born between 1981 and 1997) would rather spend money on experiences than material purchases, and 55% reported they’re spending more on live events than they ever had.

These aren’t just empty words: More than 82% of Millennials surveyed attended or participated in more than one live experience in the past 12 months, and 72% said they would like to increase their spending on live events next year.

This shift in buyer behavior is making waves in event attendance across the country. Between 2014 and 2015, Live Nation reported an 8% growth in attendance, reaching a record 63 million participants, and this year’s ticket sales are already pacing 10% ahead of last year’s, according to its first quarter report. Disney parks are meeting those numbers step for step: According to its first fiscal quarter report, there’s been a 10% increase in attendance at the company’s American parks and a 7% rise in customer spending in food, drinks, admission, and merchandise.

But this growth isn’t limited to obvious attractions like theme parks and concerts. Las Vegas has had two record-breaking years for tourism. According to the Las Vegas Convention and Visitors Authority, Las Vegas broke its 2014 record of 41.1 million tourists with 2015’s 42 million. And the recent Las Vegas-based CES trade show reported that it brought in more than 170,000 attendees.

Clearly, the Millennial audience has a lot of potential for driving attendance and profitability at live events. But you can’t just build your event and assume Millennials will flock to it. You need to craft an event that actively appeals to them and capitalizes on their unique buying patterns. Here are five ways you can plan your next live event to appeal to Millennials.

1. Cultivate A Holistic Experience

Millennials aren’t as focused on possessions or career status as they are on living meaningful, happy live—and central to this goal is capturing and sharing the live experiences they engage in.

How you approach your trade show’s opportunities for participation decides whether your company’s efforts will succeed or fail. Digital marketers need to put time and thought into how each event will affect the life span of a Millennial’s engagement with the brand and then create holistic experiences that extend beyond the day of the trade show.

Using platforms like social media and photo sharing to engage Millennials with your brand can yield powerful results—such as Casio’s success in crowdsourcing more than 3,000 photos of teens wearing their watches via Instagram.

2. Don’t Overstuff Technology

If your approach to trade show technology is to grab the latest 3D television and some virtual reality goggles, your booth won’t blow Millennials away. Technology for technology’s sake is a waste of time. Millennials want connection and collaboration, not just fancy gadgets.

Instead of jumping on the latest craze, selectively choose technology that provides a deeper, multiplatform experience for attendees. Gamification is a great example of a technology that impresses while offering connection. Millennials are predisposed to learn through play, picking up technology as they go and adapting to it. A custom game for your booth can help your brand deliver its message while providing an interesting, fun experience.

3. Help Millennials Get Their Hands Dirty

You won’t find a more connected, social group than Millennials. Yet so many trade show booths focus on giving attendees a private brand experience through brochures, info sheets, and passive video clips.

Millennials want to be involved. According to research from bestselling author Dan Schawbel, 73% of Millennials want to be a part of live polls during event sessions. Give them the interactive experience they want by using your trade show booth to connect them with people who share common interests and causes. Engage Millennial attendees with live polling to create a stronger group experience that leaves everyone feeling deeply involved.

4. Don’t Be Afraid To Get Creative And Bold

Nothing sparks the imagination like a truly creative trade show booth. Give Millennials a unique experience by brainstorming a creative take on your product or service.

For example, at a recent trade show, one brand turned its booth into a Guitar Hero tribute with guitars, colorful lights, and several famous musicians. The booth was three times more packed than any other because its operators turned its vibe from a stuffy business display to a true celebration of their brand. It takes planning and effort, but it’s an opportunity anyone could—and should—capitalize on.

5. Don’t Forget About Last-Minute Customers

Millennials are always interested in a good bargain. Ipsos’ “The Road to Rewards: What Drives Millennial Loyalty?” report matches Millennial spending habits with social media behavior and indicates that younger audiences favor discounts over brand loyalty.

This means price can play a big role in making a Millennial interested in attending your trade show. While older audiences might focus more on planning in advance and early bird sales, provide at least one option for last-minute purchasers to jump on a day-of or night-before deal.

As Millennials continue to be strong players in the live event and trade show market, it’s worth ramping up your digital marketing efforts to tap into the buying power of this group. Use these tips to make your next event an enticing live experience for Millennials to engage in.

Originally published on Chief Creative Officer

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.