In a time when attention is EVERYTHING, one of the ways that small businesses can dominate in the attention department is by hosting events. Successful event planning by small businesses is an undertaking, but keeping a few of the following tips in mind can help ensure that the process is smooth and attendees enjoy what you have to offer.
Whether you're hosting a networking meeting, launching a product, or engaging customers, well-executed events foster relationships, increase brand awareness, and boost your credibility. Events truly are a good idea for small businesses to create some buzz and get more eyes on your products and services.
Types of Events for Small Businesses
There are so many kinds of events that small businesses can host, and each serves a unique purpose in the overall vision of your business. Some are designed to increase brand awareness, while others focus on customer engagement or networking, and others are to give back to the community at large. Here are a few examples of events a small business may want to host:
Why Small Businesses Should Host Events
Hosting events may seem like hard work, but with proper planning and budgeting, it can have a lasting positive effect on your business that will outweigh any costs. First, events allow businesses to interact directly with their target audience, AKA their customers and clients! By creating personal connections through the extra effort of something like an event, you're creating lasting bonds with your people that will nurture a long-term relationship.
Second, hosting events can boost your business’s visibility and authority. Whether it’s an in-person or virtual event, the hype on social media platforms, word-of-mouth advertising and any other marketing efforts surrounding the event boost your reach and visibility. As we know, the more people you get talking about your business, the better any effort is when you're marketing. Additionally, by routinely having events that showcase your offerings, appreciation, or expertise, people will begin to see your business as an authority in your space.
Events also help you learn more about the people you serve and gather valuable feedback about their experiences. You can learn things about their buying patterns, the types of things they do or don't gravitate towards, and use your events as an opportunity to gather feedback by sending out a short survey afterward and asking a few simple questions.
Event Planners: Should You Use One?
When planning an event, many small business owners debate whether to handle the process themselves or hire a professional event planner. In this case, I'm of the personal opinion that it's important to know your own strengths and weaknesses (and be honest with yourself about them!) But before we get too into that, let's break down what planners do and weigh the pros and cons.
What Do Event Planners Do?
Event planners take care of all the logistics, from venue selection (if applicable) to managing the actual event. They coordinate with vendors, handle budgeting, and ensure that every part of the event aligns with your goals. They often use event management software and mobile apps to keep everything organized. (I used Airtable-one of my absolute favorite platforms-to manage a vendor event with over 70 vendors and it worked like a dream! You can find my vendor event planning template here.)
In addition, experienced planners can bring creative ideas to the table and solve common issues that might arise during the planning process. Finding someone who has great communication and a system for regular check-ins is essential to making sure your big event fits your vision and budget.
Pros of Hiring an Event Planner
Cons of Hiring an Event Planner
Factors to Consider When Planning an Event
What Does Success Look Like?
Before you begin planning, clarify your event’s purpose. Are you trying to:
Depending on your event goals, success may look very different. But by stopping to consider this essential event benchmark, you will better understand how to reach your audience, where to allocate your marketing campaigns and efforts, and what you want to offer at the event itself.
Event Budget
Your event budget is the next most important thing you can do when planning your event. It's important to take into consideration things like:
Take into account the different components of your event, where you want to make sure you invest, and where you are okay making compromises. By knowing your budget and any budget constraints up front, you're able to determine how to approach the rest of the planning process.
Selecting a Venue
Venue selection is crucial to your event’s success. The size of your event and the type of event you’re hosting will heavily influence venue rental. Consider the venue’s capacity, location, and technical capabilities, such as Wi-Fi or live streaming capabilities. For hosting a virtual event or a hybrid event, choosing the right technology platform is just as important.
The needs for a corporate event are much different than those of small events that local business owners may be hosting. Sure, for a large fundraiser, you may end up needing something with a large floor plan and lots of AV equipment available, however, if you're hosting something like a customer appreciation party, you'll just need to look at your own space and how it can best serve your needs.
No matter how great your event is, it won’t succeed if people don’t know about it. A comprehensive marketing plan should include social media campaigns, email marketing, and possibly even paid ads either on social media or even the radio, depending on your event type.
Regular check-ins with your marketing team will ensure the campaign stays on course. Ensure you give yourself plenty of lead time to share the necessary information with potential event attendees. And remember, people are inundated with information nowadays. It's going to take way more than a couple of social media posts to make sure people know about and remember your event.
Creative Ideas to Make Your Event Stand Out
A memorable event often includes unique elements that surprise and delight attendees. Consider offering branded swag, interactive activities, or even a memorable theme. These creative ideas can leave a lasting impression and encourage attendees to talk about your event long after it ends.
If you're hosting an event that you've done an iteration of previously, look at your previous events and see what people liked, enjoyed, and participated in to make a detailed plan of what you would like to include to make your event stand out and feel special.
Additional Considerations
Communication Needs for Your Event
Effective communication can make or break an event. Communication should be clear and consistent among your event team, vendors, and attendees. Regular check-ins with team members ensure tasks are on track. Attendee communication should start early, with registration confirmations, event reminders, and follow-up emails.
For large events, consider using a mobile app or event management software to keep everyone informed in real time. Clear communication with vendors ensures everything runs smoothly on the big day.
Final Tips for Successful Events
Time to Get Started with Your Successful Event Planning
Event planning for small businesses can seem daunting, but with the right strategies, it can be a great way to build brand awareness and create lasting connections.
Whether you're hosting an intimate gathering or a major event, staying organized, communicating clearly, and focusing on the attendee experience will ensure your event’s success. With these tips in mind, you're ready to tackle your next event like a pro.