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The Community Impact of
Economic Impact Studies for Auto Shows
Introduction
Founded in 2002, Game Day Communications is
a sports and entertainment
communications/marketing firm based in
Cincinnati focuses on the areas of sports,
entertainment and hospitality.
Economic Impact Projects
Game Day Communications has managed/
communicated economic impact studies for:
• Cincinnati Auto Expo
• Cincinnati Music Festival
• Flying Pig Marathon
• LPGA
• Major League Baseball All Star Game
• National Association of Sports Commissions
• Pure Romance
• Western & Southern Open
Agenda
• Choosing a Research Partner
• Know Your Audience
• Content of the Study
• Timeline of the Study
• Communications Tools for Release
• Social Media Tool Kit for Members
• Budget
#s behind the Economic Impact Study
• Number of cars sold year over year
• Sales tax collection (city/county)
• Jobs in local auto industry
• Advertising dollars spent in the market
• Direct visitor expenditure when visiting a
show (dining, parking, retail)
• Visibility to the Center, region of the Show
Choosing a Research Partner
In choosing a partner to conduct the study, consider:
• Experience in the market or industry segment
• Solid reputation of reporting economic impact
reports
• Ability to serve as a spokesperson to validate and
explain the study
• Can provide a project manager to maintain timeline
Know Your Audience…
and their Hot Buttons (Update Your Influencer Lists quarterly)
Local Government/Civic Leaders: Sales Tax Collection, Jobs
Members: Number of cars sold year over year, Jobs
Media: All
• Sales tax collection (city/county)
• Jobs in local auto industry
• Advertising dollars spent in the market
• Direct visitor expenditure when visiting a show (dining,
parking, retail)
Data Needs for the Study
• Project Kick Off: Confirm the scope of study
and deliverables
• Data Procurement: Expenditures, capital
investments (if any), attendance by zip,
revenues by source, hotel reservation data
Data Analysis
• Analysis of the Economic Impacts, Operations
& Capital: Calculation based on a model of the
local economy (input and output of
expenditures)
• Economic Impact of New Money:
Expenditures from visitors (hotel, on-site Expo
and off-site spending)
• Analysis of Fiscal Impacts: Earnings, Sales,
Lodging Taxes estimated by zip codes
Tell Your Story
• A professionally-prepared report should
include:
– Full Report with Key Findings
– Executive Summary
– Tables/Charts and Infographic to visually
communicate study
Timing of Release of the Study
• Project Kick Off: 2 weeks from contract
• Data Receipt: 2 weeks from kick off
• Data Approval: 3 weeks from kick off
• Analysis of Economic Impacts, New Money
and Fiscal Impacts:
– Preliminary Report: 12 weeks from kick off
– Client Comments: 14 weeks from kick off
– Final Report: 16 weeks from kick off
Tools to Release the Study
In releasing the full study in conjunction with
your Show, consider:
Local Government/Civic Leaders: Full report
presented at event or one-on-one
Members: At a member-only event with the
rollout of a shareable social media tool kit
Media: News release with video b-roll
distributed by your PR firm
Social Media Tool Kit for Members
• Information to include in the social media tool
kit may include the following:
– Infographic (co-branded with your Association and
their organization)
– :90 video overview with your Association
spokesperson
– Proposed social media copy for posts on their
organizational sites (Facebook, Instagram, Twitter,
Linkedin)
Budget
• Economic Impact Study by a University
Economics Center: $13,000-15,000
• Social Media Tool Kit Design: $1,500-3,000
• Edited video for Social Media: $1,500-2,500
*Estimate based on Cincinnati market
Q&A
Contact:
Jackie Reau
Game Day Communications
(513) 929-4263
jreau@gamedaypr.com

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The Community Impact of Economic Impact Studies for Auto Shows by Jackie Reau

  • 1. The Community Impact of Economic Impact Studies for Auto Shows
  • 2. Introduction Founded in 2002, Game Day Communications is a sports and entertainment communications/marketing firm based in Cincinnati focuses on the areas of sports, entertainment and hospitality.
  • 3. Economic Impact Projects Game Day Communications has managed/ communicated economic impact studies for: • Cincinnati Auto Expo • Cincinnati Music Festival • Flying Pig Marathon • LPGA • Major League Baseball All Star Game • National Association of Sports Commissions • Pure Romance • Western & Southern Open
  • 4. Agenda • Choosing a Research Partner • Know Your Audience • Content of the Study • Timeline of the Study • Communications Tools for Release • Social Media Tool Kit for Members • Budget
  • 5. #s behind the Economic Impact Study • Number of cars sold year over year • Sales tax collection (city/county) • Jobs in local auto industry • Advertising dollars spent in the market • Direct visitor expenditure when visiting a show (dining, parking, retail) • Visibility to the Center, region of the Show
  • 6. Choosing a Research Partner In choosing a partner to conduct the study, consider: • Experience in the market or industry segment • Solid reputation of reporting economic impact reports • Ability to serve as a spokesperson to validate and explain the study • Can provide a project manager to maintain timeline
  • 7. Know Your Audience… and their Hot Buttons (Update Your Influencer Lists quarterly) Local Government/Civic Leaders: Sales Tax Collection, Jobs Members: Number of cars sold year over year, Jobs Media: All • Sales tax collection (city/county) • Jobs in local auto industry • Advertising dollars spent in the market • Direct visitor expenditure when visiting a show (dining, parking, retail)
  • 8. Data Needs for the Study • Project Kick Off: Confirm the scope of study and deliverables • Data Procurement: Expenditures, capital investments (if any), attendance by zip, revenues by source, hotel reservation data
  • 9. Data Analysis • Analysis of the Economic Impacts, Operations & Capital: Calculation based on a model of the local economy (input and output of expenditures) • Economic Impact of New Money: Expenditures from visitors (hotel, on-site Expo and off-site spending) • Analysis of Fiscal Impacts: Earnings, Sales, Lodging Taxes estimated by zip codes
  • 10. Tell Your Story • A professionally-prepared report should include: – Full Report with Key Findings – Executive Summary – Tables/Charts and Infographic to visually communicate study
  • 11. Timing of Release of the Study • Project Kick Off: 2 weeks from contract • Data Receipt: 2 weeks from kick off • Data Approval: 3 weeks from kick off • Analysis of Economic Impacts, New Money and Fiscal Impacts: – Preliminary Report: 12 weeks from kick off – Client Comments: 14 weeks from kick off – Final Report: 16 weeks from kick off
  • 12. Tools to Release the Study In releasing the full study in conjunction with your Show, consider: Local Government/Civic Leaders: Full report presented at event or one-on-one Members: At a member-only event with the rollout of a shareable social media tool kit Media: News release with video b-roll distributed by your PR firm
  • 13. Social Media Tool Kit for Members • Information to include in the social media tool kit may include the following: – Infographic (co-branded with your Association and their organization) – :90 video overview with your Association spokesperson – Proposed social media copy for posts on their organizational sites (Facebook, Instagram, Twitter, Linkedin)
  • 14. Budget • Economic Impact Study by a University Economics Center: $13,000-15,000 • Social Media Tool Kit Design: $1,500-3,000 • Edited video for Social Media: $1,500-2,500 *Estimate based on Cincinnati market
  • 15. Q&A
  • 16. Contact: Jackie Reau Game Day Communications (513) 929-4263 jreau@gamedaypr.com