MKTG 1126-Festival Description
You will create a 2 day festival and prepare the following:
Festival Description
- Produce a creative and suitable name and logo for your festival and use it on the cover page of the assignment
– Describe your festival in a paragraph providing an overview of the festival
Festival Programming
- Provide information on the types of artists, talent, activations, amenities and offerings you are planning for the festival.
- Create a festival schedule
Market Assessment
- Conduct a PESTLE Analysis
- Describe your target market using demographics, psychographics and geographics
Competitive Analysis
- Conduct a thorough competitive analysis identifying a minimum of three direct and three indirect competitions that exist.
- Describe the competing events, locations, dates, their target markets, how much are their tickets?
Community Involvement
- Describe a minimum of three distinct interest or geographical group(s) that you would engage with to foster community involvement and buy-in to your festival
- Describe a creative activation for each group that would add value to your event and help them engage with your audience
Corporate Sponsors
- Describe 3 companies you would approach for sponsorship and the rationale for choosing these companies
- Describe a creative onsite activation for each sponsor that would help them engage with your audience
Date Selection
- Provide information on the dates of your festival and rationale why you chose them.
Site Selection
- Compare and contrast a minimum of two sites.
- Describe the chosen site in detail. Provide photos
- Why did you choose this site?
- What is the capacity?
Ticketing Plan and Sales Projections
- What ticket prices will you offer? Will you offer early bird pricing, package, single day ticket?
- How many tickets do you anticipate to sell at each price?
- What is your gross potential?
- How will you sell your tickets?
- Are you using tickets, wristbands or something else. Provide an example of what they look like.
- Will you offer a VIP package? What is the price and what is included?
MKTG 1126-Festival Description