If you have a smartphone, you’re probably familiar with mobile apps that save you time, simplify mundane tasks, or just entertain you with movies or games. We rely on our phones for much more than just talking or texting.
In the last year, mobile apps have also emerged as an innovative method of both generating revenue and reducing costs for meetings and conventions. In fact, a leading meeting industry publication has dubbed 2011 the Year of the Mobile App. Savvy organizations are realizing that mobile apps return a great deal of value for a relatively small investment.
The question we often hear from our clients is, How can we maximize our investment in meeting technology? Mobile apps are extremely attractive to conference sponsors, who realize that conference delegates spend countless hours on their smartphones – both during conference sessions, as well as in their free time.
Technology sponsorships offer much richer delegate engagement than traditional sponsorship opportunities. A mobile app used throughout the conference draws hundreds of page views, while single-use items like food & beverage or disposable giveaways are quickly forgotten.
Sponsors are willing to invest $10K - $25K or more to get their logo and message in the place that attendees are already looking. A single sponsorship pays for the app several times over – bringing in additional revenue well beyond the initial investment. Additional sponsorships and ads can also be sold to produce even more profit. Small investment, big return!
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