The Age of Transformative Experiences, Fostered by Micro-Moments

June 10, 2017

A 2014 study published by Cornell University’s  Thomas Gilovich and Amit Kumar concluded that experiences are a better buy than things. People get more long-lasting satisfaction from vacations, concerts, and meals out than they do with say upgrading their car or buying a new gadget. Their research revealed that in an overwhelming material economy, experiences are valued by consumers as these foster social well-being and successful relationship building.

At the same time, other studies by leading groups, such as Think with Google, reveal that consumers interact with their devices constantly, acting on their “needs in innumerable micro-moments throughout the day”. In fact, often the evocative social experience is first initiated and then facilitated by multiple interactions with digital technology. Nor does the pursuit of transformative life experiences stop people from craving for continuous in-the-moment interactions!

Nowhere is this phenomenon more apparent than in the events industry. Events which can provide meaningful face-to-face interactions, in-person educational opportunities, and deeper professional connections are in high demand.

At the same time, attendees also have unprecedented expectations from the digital environment enveloping their onsite experiences. Just like businesses and organizations everywhere, events are no longer competing for the best experience they can provide in each category. Instead, they are competing for the best experience a participant has ever had. Period.

For event organizers, one effective way to meet this challenge is to use micro-moments as means to an end; to move the attendee’s journey forward and to deepen their engagement with all the opportunities offered by the event.

Fortunately, to a large extent, with careful planning and implementation, modern technology platforms can anticipate and deliver successful micro interactions. To understand how, let’s look at the ingredients that go into micro-moments and the role smart technology plays in making these effective.


1. Mobile-Centric
Micro-moments occur when people instinctively turn to a device—increasingly a smartphone—to quickly initiate an action, such as a keyword search or make a quick payment. For attendees, micro-moments may comprise checking to see if a particular company is exhibiting at your event or if any new sessions have been published for a given track. A fast-loading, responsive event website along with reliable native apps, which incorporate advanced search and planning features, can service attendees who are perpetually in the ‘I need to know now and don’t have a minute to spare’ mode.

2. Highly Personalized

Micro-moments, by their very nature, are effective only when attendees can do what they want to do in a matter of minutes, if not seconds. We appreciate auto complete and auto correct features in search engine forms for this very reason. Of course, for events, personalization needs to go much deeper than that. Nifty technology that remembers attendees on return visits or can automatically provide matched recommendations based on their demographics can save attendees a lot of time as well as from getting frustrated.  

3. Fully Integrated
Though many interactions start on mobile devices, the ground reality is that attendees switch from one device to the other constantly through their waking hours. Your event needs reliable systems —admin portals, event websites, and mobile apps—that sync with each other automatically and provide updated information to attendees 24/7/365.

In conclusion, in this age of dichotomy, where the passion for transformative experiences goes hand in hand with millions of in-the-spur-of-the-moment decisions and interactions, smart technologies are disrupting old ways of doing things. As attendees get smarter, event organizers’ technology selections and the quality of the multi-touch point experience they provide to participants will need to keep step with their increasingly intense expectations.

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Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.