We hear a lot about event attendee data and how that data is treated like currency. if data collecting is that valuable what real incentives are there for attendees to share data?

Amo Singh - Marketing Manager says ' Event Marketing Managers and Suppliers (event professionals) need to find an innovative way of getting attendees excited about giving feedback so event organisers and sponsors see real ROI?

Amo Singh continues to say 'I believe future marketing budgets must include a reward system where attendees say via an App get a token or crypto reward in return for their data. Blockchain technology could be the answer, who in our industry is testing such innovative platforms to deliver user satisfaction. Why are marketing managers and teams or event stake holders stuck on old legacy methods for collecting data? Surely by now with the technology and talent advances, the industry should be collecting data and rewarding those attendees. Event marketing managers talk about data and its value ratio based on ROI but do they really understand the ratio and does the formula need to be revisited?'

 Amo Singh gives an example to back his ideas 'For example, suppose attendees share their data and experiences via an App that uses a "Smart Wallet" the cryptocurrency or token earnings can be redeemed to buy coffee or pay for parking fee(s) even electric car charging and so on. Those smart wallets should be or can be topped up using conventional payment methods'. Amo continues to say ' now is the future and if you want to collect data in sharing economy marketing teams and marketing stakeholders should be thinking about user incentives within the ecosystem called GDPR and paying for the data they want. Real growth is leveraged on ROI for event marketing teams when they start to test innovative ideas and out of the box technology so attendees and sponsors can truly have a transparent ledger for their investments. 

The article was written by Amo Singh Digital Marketing Director at Jigsaw Conferences Ltd 
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