Management and Marketing Events in a Digital Era: Opportunities and Challenges

Management and Marketing Events in a Digital Era: Opportunities and Challenges

Copyright: © 2021 |Pages: 18
DOI: 10.4018/978-1-7998-4954-4.ch007
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Abstract

Digitalization has affected many areas as well as management and marketing areas. In the digital age, through ICTs, the ways of searching and accessing information about the event by the users have been developed and transformed. Besides, the developments in the digital age have also affected many sectors such as the production, design, software, management, and marketing sector. The opportunities offered by digital marketing make life easier for users and provide easy access to information. Likewise, businesses can facilitate their management and marketing events through digitalization. Businesses sustain their events by organizing and diversifying new events according to the customer base and the type of event for the management and marketing of events. ICT tools have spread to all functions and events of the tourism industry in terms of business, marketing, and management. In this chapter, which mentioned the opportunity and challenges of ICTs, the opportunities and challenges posed by ICT are also mentioned.
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Introduction

Changes and developments in ICT in recent years have caused radical changes in tourism, management, and marketing areas as well as in many other fields. In this context, businesses had to combine all their events with ICTs to gain an advantage in competition and to adapt to the digital changes. Digitalization has affected many areas as well as management and marketing areas. Digitalization, which has radically changed marketing strategies and understanding of businesses, is known as the digital age. In the digital age, through ICTs, the ways of searching and accessing information about the event by the users have been developed and transformed. Changing advertising, communication policies, management strategies, and marketing events in the digital age affect all businesses and their approach to marketing events, as well as changing event marketing specifically in terms of event management, promotion, and announcement.

ICT is a significant tool to use in the management of events and marketing, as well as in planning, organizing, and running the events. It is necessary to obtain and develop the advantages offered by this event to organize a successful event by using information and communication technologies in the digital era. Besides, it is necessary to increase the quality of life of the audience, to target a competitive strategy, and to organize by determining priority market trends. Also, competitive strategies should be established in determining the priority market trends of the business, strengthening the basic advantageous aspects of the business, and increasing the quality of life of the population. Because digitalization affects competition strategies and digitalization changes the understanding of competition. The effectiveness of marketing communications is very crucial for the success and sustainability of the events in a competitive environment. The significance of marketing communication in ICTs in the digital age is an undeniable fact. The variety of marketing communication tools is high and their effect levels are quite different. The tools to be used in the management and marketing of the events are selected based on the scope of the event, target markets, and cost criteria. Examples include radio, SMS sending, outdoor advertising, targeted advertising, and social media.

One of the most important reasons for the rapid development and spread of ICTs is the development of information-seeking behavior. So, digitization has led to a new knowledge economy. The development of ICTs has led to changes in the contemporary business environment and efforts are continued to integrate into all sectors. Therefore, tourism a highly information-intensive industry, as ICTs have a potential impact on the tourism industry. It has emerged with the fact that the social structure includes information in a contemporary structure and the positive impact of ICTs in the tourism industry. Therefore, social interaction arises between the service and experience provider and the consumer. ICTs are significant in the tourism industry, can’t be neglected in running the businesses, and serving the guests, and is a crucial driving force in the existing information-oriented society.

Developments in ICT contribute to the economy of the digital transformation in terms of productivity, employment, and an increase in income. As a result of the developments in ICTs, health economics, communication, economy, etc. changes have occurred in many areas. Quickly affecting almost all sectors, ICT has become an important milestone of economic and social order in general terms.

The rest of this chapter states that the effect of digitalization on event management and marketing. It also focuses mainly on the opportunities and challenges created by ICTs and ICT in the tourism industry. Finally, solutions and recommendations and future research directions are presented in the last.

Key Terms in this Chapter

Event Marketing: Is expressed as a process in which ICT marketing tools use marketing mix events to meet the demands and needs of businesses and participants.

Big Data: Is a set of data that enables the coordination of the services offered through the Internet, organizing and classifying customer data.

Information and Communication Technologies: Can be expressed in the digital age as the technology system that enables users to develop and transform ways to search and access information about the event.

Internet of Things (IoT): Can be expressed as a network that ensures optimum decisions in the management of companies that benefit greatly from information and communication technologies and enables data exchange and analysis.

Industry 4.0: Is expressed as a concept that reveals the phenomenon of globalization due to technological developments, increasing digitalization and capital accumulation. It also affects the industrial-strength, production factors and marketing strategies of companies through ICT.

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