Location Based Entertainment: An Emerging opportunity for Startups

Today, all around us we can experience that the future of brands and brand storytelling is the Location Based Entertainment (LBE). 

There is a state of rapid transformation in the brick and mortar retail. Malls are reinventing themselves as lifestyle hubs and retailers are embracing retailtainment and experiential models. Digital brands like Google and Amazon which were hyped to spell the absolute end of brick and mortar are now slowly moving into the physical world. Fo blockbuster entertainment franchisees, theme parks and unique destinations have appeared to be the next natural frontier to capture. Business models and sectors are in flux as the lines are being challenged, blurred and redefined. 

Related Post: Test out new markets with no long term commitments!

Physical destinations remain as important as ever.

In actuality, physical destinations have now, in this Age of Convergence has become the ultimate platform for delivering what the consumer needs. Providing a transformative experience, consumer engagement is making a shift towards guest engagement. 

Any brand that wishes to compete and thrive in this new world should know that location-based entertainment is an essential pillar for them. Here are five ways which will help you build your brand and be one of the primary to realise this emerging market opportunity:

Use this as the means of your brand storytelling.

Successful LBE’s are not just a layer of a show or razzle-dazzle applied to the same old model but is more than that. It is the adaptation of the brand identity onto an extraordinary world that the consumer can be a part of. Enterprises like Disney’s Star Wars, Tiffany’s Style Studio, Legoland Discovery Centers, Singapore’s Gardens by the Bay, the luxury real estate developments of high-end brands like Armani, Porsche, or Fendi are all manifestations of strong brand storytelling.

short term rentals

Make sure your consumer is the hero of the story

Brand storytelling is a collaborative act with the consumer.  The consumer is just like all of us they already have their own story one in which they are the hero. So when the brand contributes it should find add meaning to their existing story. The brand plays a part and fulfils the role of a trusted source or a mentor to that consumer. It Harry Potter is the consumer then the LBE brand destination should have Dumbledore and Hogwarts all rolled into one. The brand’s main aim should be to empower and elevate the consumer. You want to introduce them to an extraordinary world which will provide them with an aspirational life.

You need a clear and powerful value proposition.

LBE is used as a tool that brings additional value to the customer. At the core of every brand destination, whether be it be complex or well defined, is an insightful value proposition, one which expresses the nature of the customer-brand relationship with simplicity and clarity. Just like in any good firm, every shot, every line of dialogue is in service of moving towards the story, in LBE, every feature of the brand should also serve to realise the value proposition.

Related Post: Start your own hassle-free popup shop!

Know your audience.

While the value proposition can be told to express the changing heart of the customer brand relationship, it only tells a small portion of the story. Guest engagement should not be just that it should reach the audience on an emotional, social, and cultural level; what their problems, desires, habits and aspirations are.

The goal of the brand in LBE is to create content, environment and experience that the consumer would love to be involved in. This will require the brand to have a deep understanding of who the consumer is and turning those insights into results that are actionable. At this point, you should have the entire customer journey map illustrated. This can then help to analyse and understand all the brand’s interaction with the consumer.

commercial space for rent

Be authentic to who you are.

Let’s face this fact that there are many smart and talented people in the world and many of them provide the same products and service as you, whether it is an LBE designer, a film on a hero’s origin story, a beach resort or an entire cruize ship. Therefore, it is your team’s collective presence, your knowledge, your attitude or your level of service and the relationship that you have with your customer overtime that sets your brand apart.

You should focus on creating content and experiences that are a true reflection of who you truly are that the customer cannot obtain anywhere else. This requires a thorough understanding of who you are as a brand an also emphasises on leveraging the best intersection points od your brand’s mission vision and value with your customer’s journey.

If you are a brand who would like to indulge in LBE and likes to create a different experience for your customer then you should surely take a step. Finding unique spaces for your brand can become a tedious task and here where Myrsa will help you. You can find any commercial space for rent as per your requirement, that too on a temporary basis. Leverage LBE in your brand’s journey and let your customer get the best sense out of your brand.

How To Use Your Empty Open Garden Event Space?

Open garden event space is becoming a popular choice due to their limitless opportunities and the feeling that they can convey about your event. There are endless advantages to incorporating your personal style and interests into the natural ambiance of an outdoor venue.

Sometimes, it’s nice to escape the concrete jungle and head to the great outdoors. If anyone’s going to be hosting a party, a corporate function, or even a wedding, consider one of these garden-themed venues for the perfect outdoor party.

Planning the big event is indeed a task but if you choose the perfect destination its half the work is done.

event space

The best practices surrounding event venues are emerging just as quickly as the event industry itself. Be certain to stay on top of the event venue.

As we accelerate into 2018, the events space is swiftly changing — and we mean “space” in the most literal sense. In fact, you can expect some huge changes in attendee expectations when it comes to the venues where you’ll host this year’s events.

Unique venues leave a long-lasting impact on clients and make for events that are equally memorable. No one remembers “that one time” they were stuck sitting in a hotel ballroom for hours, but they will remember the time their company took over a local garden or had a pop-up event in a serene public space. It’s a quintessential ingredient for creating your event more than just another conference or meeting.

Related Post: Co retailing helping with spaces for a pop-up shop on rent

The different types of event that can happen in your garden space are:

  • a music festival
  • a fair or market day with musical performers
  • a food and wine festival with jazz or bands
  • a dance performance
  • a cultural day with ethnic cultural music and dance from all over the world!
  • a parade or sports event
  • a food festival
  • the outdoor cinema event
  • a garden party with music and entertainment
  • a wedding

Event Venue

If you have a garden space then you can use them to rent it out for all these activities. And earning can be as easy as that! Just list your spaces on Myrsa.

Better listing of your space will make it attractive to customers and make it more visible making you have lots of bookings.

Things to list your garden space outdoor event:

  • The first and foremost thing to do is to properly describe your space( the size, access etc)
  • The second thing would be to upload photos of your venue that will make it gain more confidence from the client’s side.
  • What is the location of your garden? Specify the route and what all transportation is required to reach there.
  • Mention about what kind of events are you planning to have in your space? Who are your intended brands?
  • What days of the week is your garden available to be rented out? Maintain the price accordingly. (ie weekends and weekdays)
  • Respond to the requests on time, to have proper contact with the brands.
  • Are there other events nearby on the same day?
  • Arrange site visits for the brands that are interested in your space?
  • Allow online payments to be made in Myrsa. It is safe!
  • After every successful event asks the client to leave a review on your listing so that new renters can gain trust in you.

Related Post: Apply These Techniques To Improve Listing Space

With Myrsa you can let out your open garden event space on rent. Your empty spaces can be so much more than you always think. And Myrsa lets all your imaginations come true. So go ahead and earn from your garden space and having a diversity of events!

Proudly powered by WordPress | Theme: Baskerville 2 by Anders Noren.

Up ↑