Latest / Event Industry News Podcast / Beyond the Gimmick How INCEPTION Turns Events into Measurable Revenue
Transcript
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- 0:19Hello everybody, welcome along to the event industry news podcast with me James Dixon
- 0:30wishing all a very good morning afternoon or evening whenever or if you tune into today's podcast from and
- 0:37today very much
- 0:38so what we you know whenever my guests tunes in and joins today's podcast from because they're
- 0:44They're away at the moment. They're abroad with a five-hour time difference
- 0:48but I'm very very grateful to anybody sort of gets up early and
- 0:52And puts a little bit of time in their diary
- 0:54To join us on the podcast and have a little bit of a conversation about what they do in the events industry
- 1:00My guest today is a first-time visitor to this here event industry news podcast
- 1:05and I'm looking forward to finding out a bit more about them bit more about their company what they do in the industry and what
- 1:10Their thoughts are on the industry at the moment. Joining me today is Mark Hutchinson
- 1:14Mark is the managing director of inception mark a very warm. Welcome to the podcast. How are you? Hi. Yeah, very well
- 1:21good to be here and I'm looking forward to
- 1:23Connecting and discussing more around the subject that we discussed previously. And yeah
- 1:28Yeah, sharing some insights and a bit more about the what we do as an agency with your listeners
- 1:36Absolutely. Um, so yeah agency
- 1:38I think you know that there's a little bit of a hint into
- 1:41You know where we may be going and what you do as a business mark
- 1:44But tell us a little bit about about yourself first of all professional background and how it led to forming and running inception
- 1:52Yeah, no great. I mean like many people that I've have come across and connected with in the industry
- 1:58It's not always a linear career line. So I actually started out originally in radio believe it or not
- 2:05So I was a radio station
- 2:07I was doing a sidekick kind of young person's job where I was on a breakfast show and I was doing
- 2:14activations and ticket giveaways and sponsorships and
- 2:18For G cap media. So it was one of the local radio stations and then I actually progressed into
- 2:25managing their events team so it was like Roadrunners or or
- 2:30Or black thunders they were called back in the day when radio happened me actually, which is great
- 2:35I remember it the classic days of the road show
- 2:38Yeah, so I used to manage the team that did road shows and activations and launch events for the radio station
- 2:46and then when I saw the
- 2:48Radio was getting less funding and it was going more into other media areas. I decided to
- 2:54move on and then move into event production and technical production and I was actually at a
- 3:00LED screen and technology company that used to
- 3:04Buy in tech and then rent it into the industry or sector and into creative agencies and into permanent installations
- 3:12and then during that time I really
- 3:15felt frustrated with the creativity actually, so I was finding that getting technical equipment or
- 3:22Tech and selling it into agencies that were doing amazing work and amazing creative projects and things that really inspired me
- 3:30I felt like that
- 3:31I wanted to actually transition into more of a creative agency eventually and that's where my path led to
- 3:38actually moving into
- 3:40agency life or a creative agency and getting through and I actually worked for three of them before
- 3:48starting inception and founding it back in 2019
- 3:52Okay, so as a creative agency, what are there I know I
- 3:57Guess I know the answer to this but if you specialize in one particular area of events or you know
- 4:03Are you working on you know, very much brand activation. Is it trade shows? Is it conferences?
- 4:07Is it all of these things combined for clients?
- 4:10Yeah, I think creativity as you say is kind of it can be a broad spectrum
- 4:15But as an agency we work in B2B and actually B2C, but it is mainly across trade shows and event
- 4:23Events itself. We do pop-up retail activations as well. So that's obviously B2C
- 4:29But as an agency, yeah, we're mainly working across
- 4:33trade show sector and product launches and retail activations
- 4:38interesting and how you find in the process with that at the moment because
- 4:44I've worked
- 4:45On a personal level with a lot of companies over the years in helping to plan and run trade shows
- 4:51From a client from an exhibitor point of view
- 4:54So, you know, I work with several companies who exhibit a lot of trade shows a year
- 4:58So I'm used to seeing it from that side of the fence
- 5:00But I've also got some experience of dealing with as an organizer side of things
- 5:05And it's it's always interesting to see how the process and that evolutionary
- 5:09tail
- 5:10Has developed over the years. How is it working for you from a client coordination point of view in terms of their
- 5:17Involvement in the processes of things like trade shows nowadays
- 5:21Yeah, I think we always at Inception put ourselves in the clients shoes ultimately and that's what gives us real strength
- 5:28There's thinking about what their sort of
- 5:32Objectives are and their problems
- 5:33So we start with the commercial problem and not necessarily the creative outcome and that's right
- 5:39When we're dealing with the clients is really thinking about what they're being asked to
- 5:44Execute internally and that's what gives us a really good approach when it comes to
- 5:49Answering briefs or discussing it collaboratively with the marketing or or CMO
- 5:55I think what we're seeing in the market is obviously
- 5:59marketeers are under more pressure from
- 6:02standpoint
- 6:04But also they're also under more pressure from a result standpoint as well
- 6:08so you've got two factors there that you have to really take into consideration and I think
- 6:13Really the budget pressure
- 6:15Gets released when you start justifying the commercial outcome and that's what we find is that when we work with people
- 6:22And we look at the brand and what they're looking to achieve if we can really go first looking at that commercial problem
- 6:29Prove that we are accelerating growth. So from a trade show or retail perspectives that sales or lead generation
- 6:38That the budget
- 6:40Constraints get loosened slightly because you're starting to really justify internally for the brand or the team that this is a real
- 6:48Revenue generator and and it should be considered as a really
- 6:52serious area of the business
- 6:55Does it help now that you can track?
- 6:58Revenue generation further down the line on something like a brand activation than you could have done 10 15 20 years ago
- 7:05You know because never let's say from a straightforward merchandise point of view you take a clothing brand who might be you know
- 7:11you know, they can trace sales and things like that, but
- 7:13You know the technology that we have to track
- 7:17Interactions at things like brand events now
- 7:19It's so much more advanced that actually that there are real tangible ways of tracking whether or not an event has generated
- 7:27Income profit sales, you know post activation. Do you understand what I'm saying there? No, definitely
- 7:33I think it's looking at every opportunity to insert a metric because ultimately if you can get that trigger like you're
- 7:41you're
- 7:42Mentioning there that you can then give the report after and that's at every level from 12 time to interactive
- 7:50activity with experiential screens
- 7:52Etc or tech and you can then make sure that you're looking at those metrics pulling them together and then coming up with a really strong
- 8:01ROI and report on on the event itself and that was
- 8:05Historically always a challenge is reporting on ROI in the events or trade show sector because as you say
- 8:11Some people just be looking at it as a transactional moment where they were just looking at number of leads generated
- 8:18well, ultimately that could be
- 8:20Leads generated that are people being scanned where the sales people run off and get as many as possible because they're being
- 8:27Cast with that really that's not quality first
- 8:30So we're looking at multiple different
- 8:32metrics and also the the final result as well and you do need to be doing that because the sales cycle on some of the
- 8:40Brands and businesses that we deal with can be up to six or twelve months. So you've got to be
- 8:44Mostly looking at it and justifying the the investment
- 8:48It's the Rambo approach sometimes to lead generation, isn't it? I've got a scanner in my hand
- 8:53Let's just zap every badge within, you know, a three meter radius of our stand, you know
- 8:58and it's not I've said for a long time that you know sheer quantity of
- 9:03scans on your badge scanning app or your
- 9:07Device it is not meaningful data by any stretch of the imagination
- 9:12You know, there could be 500 people walk past idly and you know, if you've scanned those that's not 500 genuine leads, is it?
- 9:19No, definitely not. That's why we come up with
- 9:23Activations or the way in which we designed the the space to make sure that it's qualifying
- 9:29The people that approach ultimately so is it someone that's just there to get you know freebies or to get a free coffee?
- 9:38Yes, they can do that. Certainly in the brand can still look after that sort of person
- 9:42But really we need to be creating the space to qualify them so that if they are having more of a serious conversation
- 9:49there is a space to go for that to have a demo or have a one-to-one conversation rather than being any old
- 9:56person that's approaching the booth
- 9:58If you are looking at things like dwell time as a more realistic sort of
- 10:03Analytical data point. How are you actually analyzing and monitoring dwell time in in you know case to case?
- 10:11Yeah, that's a good question. So we we can use sensors we have done on big larger environments. Yeah
- 10:17People
- 10:18Through mobile phone signals and other tech really and we've done that to look at heat mapping and dwell time
- 10:26We do that only to make sure the flows correct. So people around demos etc making sure that
- 10:33Yeah, the way in which we're looking at the floor plan and space itself on a on a trade show or a consumer event
- 10:41We we really want to get that insight to understand the flow and how people are interacting with the space and learn from that
- 10:47and ultimately you get a metric off the back of that where you can give someone dwell time and then
- 10:52ultimately that should link in with your next metric which could be
- 10:57Interactivity or a brand experience or a demo?
- 11:00Are you a are you able to model that in advance of events nowadays with the technologies available?
- 11:06It might seem like a bit of a left-field question
- 11:08But I asked it recently on the podcast in that, you know trade shows and brand activations
- 11:13Nobody debates the level of planning that goes into them
- 11:16But in terms of actually getting anything from it and seeing people interact with it for the first time
- 11:21Often that is literally left to the moment when the doors open or the activation opens itself
- 11:26I'm curious to know whether or not you're able to building any any sort of like testing and sort of modeling
- 11:33You know utilizing tools that you've got available to you nowadays
- 11:36I mean ultimately that comes down to experience as well
- 11:39So it's working with a team and our team are really experienced with how people do interact with spaces
- 11:45and I think that's something that's undervalued sometimes is
- 11:50Thinking about the multiple different touch points where
- 11:53sightlines and how a different brand messaging and also the brand itself is being
- 12:00Is being presented but also how people would interact in the space as they walk into it
- 12:05I think it's
- 12:06Definitely when you work or you execute and you're really thinking about that flow and the way in which humans interact
- 12:13ultimately with space it's sometimes not thought about
- 12:17Enough and when you get a space that works very well
- 12:20you can see it in action and really it plays into making sure that the position of the brand is correct as I said and
- 12:27also
- 12:28The campaign on straplines really front of mind for anyone approaching
- 12:33Now that it's interesting that you that that point that you raised there ties into something that
- 12:38Mark Mark was good enough to send me some sort of ideas and some notes
- 12:43prior to the podcast today and there was a really sort of
- 12:46Interesting sentence that jumped out at me and it was right at the bottom of your notes that said the uncomfortable truth a lot of
- 12:52Engagement quote-unquote is theater and clients are starting to notice and I kind of my mind started race
- 12:59I thought well, first of all, what what do you mean by that?
- 13:02I started to interpret it in two or three different ways actually, but I'd love you to expand on that if you could
- 13:09Yeah, no, definitely. I think it's
- 13:11Ultimately when you see a brand that they're coming out with an activation or a statement and it looks almost feels
- 13:18Gimmicky or unauthentic. I think that's the biggest thing
- 13:22So what we look at is how is it being connected to the brand's identity and its personality?
- 13:30Is it reflecting what they stand for?
- 13:32Who they are as a brand and also is it going to connect with someone on a deeper level?
- 13:37With how you want to we're seeing a lot of brands sometimes come up with big statements that are
- 13:43amazing huge amounts of money being spent with hanging screens or
- 13:48Lighting rigs, etc, etc. But are they ultimately
- 13:53Supporting the brand and reflecting them as a brand
- 13:56Itself and I think sometimes it's really important to think about
- 13:59that and whether how the how the brands transitioned into a physical space and not just
- 14:06Looking at spending the most amount of money on theater, etc. It's got to feel authentic
- 14:11That's interesting. So, you know
- 14:15B to B particularly is a competitive marketplace
- 14:18If you're talking about events where you might have your competitor under the same roof at a trade show, for example
- 14:24you know
- 14:25There is always been this thought that well, we need to spend a lot of money. It needs to look great
- 14:30It needs to feel great needs to be lit. Well, it needs to have the best audio. Everything needs to look cutting-edge
- 14:36Sometimes depending on the brand and what message you're actually trying to send out
- 14:39It sounds like you're saying actually it might not need those elements. It still needs to look good
- 14:43It still needs to feel right, but it is to feel right in the context of what the brand is about
- 14:48Yeah, definitely and I think
- 14:50Creativity and our ideas win ultimately
- 14:53so if you've got an idea or creative that is
- 14:56More intelligent and more aligned with the brand and it's it's messaging that will win over someone spending lots of money on on
- 15:04the biggest screen for example
- 15:06So if the campaign message or or the spaces is designed really with that in mind from the very start
- 15:13That's really reflected when you come across
- 15:16the space and also
- 15:18Pets for analysis is done often
- 15:20we look at other brands and how they're showing up to events how they're positioning their campaign message their demos and then we ensure that
- 15:28the brand that we're working with it has a competitive advantage by
- 15:33Ultimately coming up with creative and more intelligent and ideas and approaches
- 15:39hmm of the
- 15:41Excuse me that the actual
- 15:43So suppose I'm going to call them data outcomes
- 15:47But the actual sort of
- 15:49Metrics and the data that's generated post event nowadays have you as a as an agency?
- 15:55Been able to actually trace how budgets are changing either
- 16:00increasing or decreasing indeed based on you know
- 16:03Tangible metrics and data that clients are able to see now from it and actually coming back to you and saying actually
- 16:08We've been able to clearly see what we got from this and actually we think if we invest a bit more with you
- 16:13We can get this out of it
- 16:15Yeah, I'm definitely we have seen that and ultimately that's what we look for and get real satisfaction from actually is
- 16:23starting to work with a
- 16:25Global brand who's just launching out
- 16:28They're starting to either they've got funding or they're trying to you know
- 16:33Look at the key players within the industry and come up
- 16:36to their level and that's where we really
- 16:38Look for those sorts of clients to work with and align with because it gives us great pleasure to see us
- 16:44Creating that identity for them that competes at a very high global level and also ultimately we support them with their growth
- 16:51so they could for example do a three-star sponsorship and then
- 16:57Also have a medium-sized space at an event. We do we work with them by coming up with the activation
- 17:05It could be the trade show booth. It could be experiential elements
- 17:09and we really try and drive their growth and then ultimately when we see the results coming through they
- 17:17Start spending more money. They've seen the justification of the spend within their boardroom. So the CMO and CEO
- 17:24From the results and they start actually taking out larger sponsors. So they cut sponsorships. They start becoming five-star sponsors. They start
- 17:33Spending more budget etc. And that's because they've seen the growth off the back of it and for us
- 17:37that's we take great pleasure from that and also
- 17:40We ultimately become a strategic creative partner for them and we position ourselves as that as an agency
- 17:49Where are you seeing?
- 17:52It's okay on the one hand
- 17:54It's okay for a company and a brand and a client to come back to you and say look this is great
- 17:58We want to go bigger and better or we've got this new idea now for Nexus
- 18:01We want to do something different, but the s-word will creep in at some point sustainability. They'll look at it and they'll go, right?
- 18:08Yes, we're getting good return on this and we're seeing that it's worth the economic output
- 18:13From the business because of the economic input that's coming in but from a sustainability and a messaging point of view
- 18:20Where is that and how is that manifesting itself in this process?
- 18:24Yeah, no, definitely. I think as an agency we always look to embed sustainability into our process
- 18:31so from the moment that we start working on something we're thinking about how we can create assets or
- 18:38Branded environments that can be reused and that could be as a whole element
- 18:42That's the same size as what we're looking to create build or it could be in
- 18:47different smaller pieces as well, so we all always promote
- 18:52reuse and also
- 18:54Storage and we can offer that at a global level as an agency
- 18:58I think some of the clients sustainability was really hot a couple years ago now that
- 19:04Budgets are getting tighter. We're not seeing it as much in briefs to be honest
- 19:08But I think as an agency it doesn't have to cost money to be sustainable
- 19:13It just is the thought process and to really care about it
- 19:16And that's where we're still promoting it and we're still coming up solutions that people can
- 19:22use and and and
- 19:24Take forward into their their global trade show or event
- 19:30Campaigns
- 19:32How savvy have the clients become nowadays with all the tools that are at their disposal?
- 19:38We're exposed to so much more media and content nowadays that you know in a short space of time
- 19:44You can just pick up your phone
- 19:45And if you're looking for a bit of inspiration or some ideas
- 19:48You know and you've got a blank piece of paper in front of you
- 19:51You know pretty quickly you can start getting a bit of inspiration from any number of sources
- 19:56your clients coming to you now with
- 19:59Much clearer, you know initial briefs and an idea in their head about what they would like and how they see
- 20:05Things manifesting themselves and how does that sort of change the creative process between you and the client?
- 20:13Yeah, no definitely I think
- 20:15It's a great question, but we're seeing it at different levels to be honest when when you're dealing with one brand
- 20:22It could be their markets director CMO or event manager
- 20:25I think it's always led by the top so that could be C level or CMO and you're seeing the way in which they
- 20:33want the brand to
- 20:35Approach things. Obviously, they set that out at the beginning of the year and their metrics
- 20:40And how they would like to be tracking
- 20:44Return on investment
- 20:46Itself. So I think what we're saying is
- 20:50Sorry about that. What we're saying is
- 20:53You and me both you and me both today. I'm full of it
- 20:57Yeah, what we're saying is that
- 21:00different brands do come up with different metrics as they're they're approaching the agency, but
- 21:06ultimately
- 21:07They always have an element of return on investment and that they're asking us to come up with how they can track that
- 21:16But sorry, I'm just gonna have to cough again no no no
- 21:20I've been terrible for I've been carrying it since I flew back. I was abroad last week
- 21:25Sorry to digress podcast listeners, but yeah, I was abroad last week and picked up the typical sort of flight home
- 21:32Sniffle, you know and two days later a bit of it's been terrible today dry dry throat
- 21:38So I feel your I feel your pain mark. I'm just gonna I was gonna that that client
- 21:44kind of led a
- 21:46Briefing approach can be a good and a bad thing
- 21:48I've often thought you know in terms of you know
- 21:50It's great when a client comes to you with a great idea and a clear vision of what they want to achieve
- 21:54That can make your process so much better
- 21:57But the flip side to that coin is there might come with an idea that they think is absolutely brilliant
- 22:01That you then maybe got to just pick apart a little bit and go back to what you were saying earlier on in today's conversation
- 22:07About what are your actual objectives from this what you're looking to achieve reverse engineering the process a little bit
- 22:13Do you still do you find yourself in situations like that where the ideas come in in a very enthusiastic level?
- 22:19But maybe just have to be tweaked
- 22:21To actually let the client realize that it might not meet the objectives of the outcomes that they want
- 22:27Yeah
- 22:28Definitely. I think what we're saying is yeah, if you see something that is on the in a brief or discussed in it
- 22:36It's come out of left field or you're thinking well, why is that included?
- 22:40I think it's as an agency how you create value in that process is pushing back and questioning the brief
- 22:46So it's working through it with them and understanding where that has come from
- 22:52and then ultimately sometimes we've done that with some clients and
- 22:56It's reshaped the approach and the group itself from us. Yeah our perspective. That's where we create real value as an agency
- 23:04Yeah, absolutely
- 23:06And I suppose what one thing that we haven't asked yet is is are you able to sort of you know?
- 23:11Tell us about some of the clients that you work with, you know exciting things that are on the horizon this year
- 23:16I often assume that when we talk to agencies on the podcast that they're all going to be under NDAs and you can't actually mention
- 23:21Any names, but you know, I always think it's fair to ask you and they give a shout out. Who have you worked with?
- 23:28No, definitely. I think some of our projects we are under NDAs and we don't share as much as we possibly
- 23:34Would like to or could
- 23:36But I mean some of our global clients were one of the global agencies for Pokemon. So they're obviously well
- 23:43We deal with a lot of their events
- 23:46From B to B to B to C and that's I mean, I don't know whether or not it's just me
- 23:52Imagine, but I'm I'm seeing sort of a big surge again in Pokemon for some reason
- 23:56I see I keep seeing it and the cards are back in fashion again with with with with young people
- 24:02You know, it seems to kind of had a bit of a resurgence if I'm if I'm right and saying so no definitely
- 24:08I mean since we started working with Pokemon
- 24:11I think it was five years ago
- 24:13I think their revenue was two two and a half billion and now it's up to five
- 24:17so that tells you the growth that the brand seen and Kovac really
- 24:22Accelerated that for the brand because as you say people are collecting. I mean
- 24:29That we've seen from the audience and the target audience for Pokemon B to B and B to C is that
- 24:36Really it's not children buying their products. It's actually people with money now
- 24:41So it's people that collected when they were younger
- 24:43They they've now obviously got older and they they have jobs now and they can afford to
- 24:50Pay for lots of these collectibles
- 24:52Yeah, yeah. I said what an amazing sort of I mean, that's a whole other subject there, isn't it?
- 24:57But you know brands taking advantage of you know
- 25:01Historical I suppose legacy of
- 25:04Legacy customers who may have spent money or been interacting with them, you know
- 25:0810 15 20 years ago and now those people are in a position to actually spend that bit more money
- 25:14You know, you see it in the music industry all the time the legacy bands touring, you know kids who loved them when they were younger
- 25:21But maybe couldn't afford a ticket and now they can they can go and see them
- 25:24That's why some of these sort of legacy bands in the 80s and 90s are still out there doing it because the people that grew
- 25:29Up with them have now got the money to go and spend and have a great weekend away at a festival or something like that
- 25:34Yeah, and I think it's really special to see that when anyone's really passionate about a brand or or a band
- 25:41I think it's really special to see that and
- 25:44Yeah, we love working with that particular brand
- 25:48because yeah, we get to see the
- 25:50The fans and how they're so passionate about about them. But as I say, we work with them across B to C
- 25:56So that is fans and retail but also across B to B
- 26:01So we are dealing with their brand licensing team and that is in a B to B
- 26:05Setting where they're having one-to-one meetings and they're looking at brand licenses that they could have with retailers
- 26:12Fabulous, it's been um, it's been great to sort of get you on it and it's it's flown past today
- 26:17I always say it's a great great podcast when it absolute sort of goes past the blink of an eye and
- 26:22Excuse me, I've looked at the clock and you know
- 26:24We're 26 27 minutes into it and it feels like we've been talking for a couple of minutes
- 26:28Um before we wrap up today mark
- 26:31It's really important as always that we let our podcast followers and listeners know
- 26:36How to track down a guest if they need to you know, get hold of them if they've got a question
- 26:39They want to ask you directly. Where's the best place to find you and where's the best place to find inception?
- 26:44No, definitely. Um
- 26:46We're we're at inception
- 26:49Uh, our office is in waterloo, so we're we're in um central london
- 26:54And we we go to a lot of the global events a lot of the trade shows
- 26:58Itself and i'm on linkedin as well. So mark hutchinson at inception
- 27:03Fantastic. That's been great to talk to you. And uh, yeah a reference at the start
- 27:06There's a bit of a time difference today
- 27:07So mark, uh, god bless him has had to get up very early this morning and and fill himself with coffee in order to have
- 27:13A bit of a chat today, but we do appreciate mark and it's been great to have you on the podcast for the first time
- 27:17Let's hope to see you again on on another episode further down the line. Yeah, fantastic. Thanks james
- 27:23And before we we wrap up just a couple of very very quick mentions for event industry news as always
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- 28:18Thanks again to my guest today
- 28:20Mark Hutchinson the managing director of inception for joining me and we'll see you all in the next edition of the podcast
- 28:25Thanks, everybody