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DMAI 2011 Annual Convention

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Page 1: DMAI 2011 Annual Convention
Page 2: DMAI 2011 Annual Convention

PASSIONIMPACTINNOVATION

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Source: Economic Impact of Travel and TourismSource: Economic Impact of Travel and Tourism

$118 B$118 B$188 B$188 BTax Revenue for Federal,

State & Local

Tax Revenue for Federal,

State & Local

Payroll Income for Americans

Payroll Income for Americans

Page 4: DMAI 2011 Annual Convention

“Motivation determines what you do.

- Lou HoltzRetired Football Coach &

TV Broadcast Analyst

PASSIONATE ADVOCATE

Attitude determines how well

you do it.”

Page 5: DMAI 2011 Annual Convention

CHANGING THE CONVERSATIONChanging Our Language

PASSIONATE ADVOCATE

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PASSIONATE ADVOCATE

rel●e●vant (rel-uh vuh nt)- adjective

having a direct bearing on the subject at hand

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Source: DMAI, as reported by DMAI DMO membersSource: DMAI, as reported by DMAI DMO members

PASSIONATE ADVOCATE

$1.5 Billion

Page 8: DMAI 2011 Annual Convention

CHANGING THE CONVERSATIONAbout Our Industry

PASSIONATE ADVOCATE

Page 9: DMAI 2011 Annual Convention

PASSIONATE ADVOCATE

1.8 Million Meetings$263 Billion in Spending

1.7 Million JobsConvention Industry CouncilEconomic Significance of Meetings to the US Economy

Page 10: DMAI 2011 Annual Convention

VALUE OFVALUE OFTOURISMTOURISM

PASSIONATE ADVOCATE

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PASSIONATE ADVOCATE

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DMODMOCHANNELCHANNELIMPACTIMPACT

PASSIONATE ADVOCATE

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MODELSMODELSINVESTMENTINVESTMENTDIVERSIFIEDDIVERSIFIED

PASSIONATE ADVOCATE

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PASSIONATE ADVOCATE

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CHANGING THE CONVERSATIONAt Home

PASSIONATE ADVOCATE

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Not-for-profit is just a tax status

PASSIONATE ADVOCATE

Page 17: DMAI 2011 Annual Convention

DMOs are investment accounts

PASSIONATE ADVOCATE

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INVESTMENT

FUNDING

PASSIONATE ADVOCATE

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PASSIONATE ADVOCATE

DMOs import temporary tax payers

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PASSIONATE ADVOCATE

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PASSIONATE ADVOCATE

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PASSIONATE ADVOCATE

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MASTERING CHANGE

“What we really need is a mindset shift that will make us relevant to today’s consumers, a mindset shift from ‘telling & selling’ to building relationships”

“What we really need is a mindset shift that will make us relevant to today’s consumers, a mindset shift from ‘telling & selling’ to building relationships”

- Jim Stengel, Former Global Marketing OfficerProctor & Gamble

- Jim Stengel, Former Global Marketing OfficerProctor & Gamble

Page 24: DMAI 2011 Annual Convention

MASTERING CHANGE

change (cheynj)- verb

to transform or convert

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MASTERING CHANGE

Email WEB Design Messages Offline Online Internet Blogs Chain Hits

TV Media Television Video Tvbox Music Working Business Marketing

Network Spam Forums Download Upload FAQ Site Users Login Sign Up Social Networking Link FTP Chat Virus Communication Transmission Touch Channel

Connection Connecting ContactCoordination Sales Follow-up Career Personal Search GO

Enter Portal Email WEB Design Messages Offline Online Internet Blogs Chain Hits

TV Media Television Video Tvbox Music Working Business Marketing

Network Spam Forums Download Upload FAQ Site Users Login Sign Up Social Networking LinkFTP Chat Virus Communication Transmission Touch Channel

Connection Connecting ContactCoordination Sales Follow-up Career Personal Search GO

Enter Portal

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MASTERING CHANGE

Weeks ImmediateHoursDays

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MASTERING CHANGE

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MASTERING CHANGE

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MASTERING CHANGE

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MASTERING CHANGE

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RIGHT MARKET SEGMENTS

GOALSPERFORMANCE METRICS

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MASTERING CHANGE

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Highly influential in decisions to purchase a product or service All adults

Word of mouth 54%

Information from a website 47%

Email sent by someone you know 42%

Something you read in an online interview 31%

Something you heard on the radio 29%

Television ad 27%

Something you received in the mail 25%

Magazine ad 23%

Newspaper ad 22%

Online ad 17%

Email sent by an advertiser/company 16%

Informercial 12%

Mobile phone ad 11%

Purchase influences

MASTERING CHANGE

Word of mouth 54%

Page 34: DMAI 2011 Annual Convention

MASTERING CHANGE

Source: Keller Fay, base: 162,376 conversationsSource: Keller Fay, base: 162,376 conversations

of all brand conversations contain a specific reference to marketing or media

as a content source

of all brand conversations contain a specific reference to marketing or media

as a content source

49%49%

Page 35: DMAI 2011 Annual Convention

MASTERING CHANGE

Source: Keller FaySource: Keller Fay

of all brand conversations contain a specific reference to advertising

of all brand conversations contain a specific reference to advertising

22%22%

Page 36: DMAI 2011 Annual Convention

MASTERING CHANGE

Source: L2Source: L2

71%71%66%66%read printed magazines

read printed magazines

access news online

access news online

Gen-YGen-Y

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MASTERING CHANGE

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MASTERING CHANGE

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NEWATTITUDESNEWFRONTIERS

Page 40: DMAI 2011 Annual Convention