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Industry News

EXMAN Moves to Rewrite the Rules of Experiential Marketing with New Governance, Ethics and Industry Pricing Standards

Martin Ogumah
Last updated: July 30, 2026 7:52 am
Martin Ogumah
July 30, 2026
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Association’s reform agenda signals a strategic shift from creative execution to institutional maturity as Nigeria’s experiential marketing sector seeks greater professionalism and commercial sustainability.

Nigeria’s experiential marketing industry is embarking on one of its most significant institutional reforms in recent years following the adoption of new governance initiatives by the Experiential Marketers Association of Nigeria (EXMAN) aimed at strengthening professionalism, ethical conduct and commercial sustainability across the sector.

The reforms emerged from EXMAN’s 2026 Annual General Meeting, held in Uyo, Akwa Ibom State, where industry leaders convened under the theme “Collaboration as Currency” to examine the future of experiential marketing in an increasingly competitive and technology-driven communications landscape.

Among the most significant outcomes of the three-day meeting was the presentation of an updated EXMAN Scope of Practice and Code of Conduct, designed to establish clearer professional expectations, reinforce ethical standards and provide a more structured framework for the industry’s continued development.

Members also approved plans to develop an EXMAN Industry Pricing Benchmark, an initiative intended to address longstanding inconsistencies in pricing, promote fair commercial practices and improve recognition of the strategic value delivered by experiential marketing agencies.

According to the association, the proposed benchmark will be developed through extensive consultations with member agencies to ensure that it reflects prevailing market realities while encouraging sustainable business practices throughout the industry.

Speaking during the AGM, EXMAN President Tolulope Medebem described collaboration as the defining factor that will shape the industry’s future, arguing that long-term growth can only be achieved through stronger partnerships among agencies, clients, regulators, academic institutions and emerging professionals. “The future of our industry will not be built by individual brilliance alone. It will be built by partnerships between agencies, clients, regulators, academia and emerging talent,” Medebem said.

He further emphasised that professionalism extends beyond creative excellence to encompass governance, ethical conduct and the commercial value placed on industry expertise. “Professionalism is not defined only by creativity; it is also reflected in the standards we uphold, the ethics we practice and the value we place on our expertise,” he noted.

To advance the governance reforms, EXMAN announced plans to convene an Extraordinary General Meeting where members will conclude deliberations and formally ratify the updated governance documents, reinforcing the association’s commitment to transparency and inclusive decision-making.

Beyond regulatory reforms, the AGM also highlighted talent development through a career engagement with students of the University of Uyo, where industry practitioners shared insights on innovation, career opportunities and the evolving competencies required to succeed in experiential marketing.

Delegates also paid a courtesy visit to the Akwa Ibom State Government, where they were received by the Commissioner for Information, Hon. Aniekan Umanah, who commended the association for selecting Uyo as the host city for the annual gathering.

The reforms collectively represent a new phase in EXMAN’s efforts to strengthen institutional standards and position Nigeria’s experiential marketing industry for greater competitiveness within Africa’s expanding creative economy.

BrandiQ Analysis

EXMAN’s latest reforms represent far more than routine association housekeeping. They reflect an industry undergoing institutional evolution – from one primarily defined by creativity and campaign execution to one increasingly governed by professional standards, ethical accountability and commercial discipline.

For many years, experiential marketing has been one of the fastest-growing segments of Nigeria’s marketing communications industry. As consumers became less responsive to traditional advertising, brands increasingly shifted budgets towards live experiences, brand activations, consumer engagement programmes, sponsorships and immersive marketing initiatives designed to create deeper emotional connections.

Yet despite its commercial growth, the sector has often operated without sufficiently standardised governance frameworks. Pricing inconsistencies, varying professional practices and the absence of universally accepted operational standards have sometimes created uncertainty for agencies and clients alike.

The proposed Industry Pricing Benchmark therefore represents one of the AGM’s most consequential decisions. While pricing frameworks can sometimes generate debate within professional industries, well-designed benchmarks can help establish clearer expectations around project valuation, improve procurement transparency and reduce unhealthy price competition that frequently undermines quality and long-term business sustainability.

In knowledge-intensive industries, excessive price competition often shifts attention away from value creation towards cost reduction. Creative expertise, strategic planning, behavioural insights and flawless execution require sustained investment in talent, technology and operational excellence. When agencies compete primarily on price rather than value, the long-term consequence is often declining profitability, underinvestment in innovation and weaker industry capability.

Equally significant is EXMAN’s emphasis on governance and ethics. Across global professional industries, institutional credibility increasingly depends not only on technical competence but also on transparent governance structures, enforceable codes of conduct and mechanisms that promote accountability. By updating its Scope of Practice and Code of Conduct, EXMAN is moving closer to internationally recognised models where professional associations function not merely as networking platforms but as custodians of industry standards.

The AGM’s theme, “Collaboration as Currency,” is also particularly timely. Modern marketing has become too complex for agencies to operate in isolation. Artificial intelligence, data analytics, customer experience design, digital commerce and content ecosystems increasingly require multidisciplinary collaboration involving technology firms, media organisations, academic institutions, regulators and specialised service providers. In this environment, collaboration itself becomes a strategic capability rather than simply a desirable organisational value.

The association’s engagement with students at the University of Uyo reinforces another important trend – he growing recognition that the industry’s future competitiveness will depend on continuous talent development. Experiential marketing today demands far more than event management skills. Professionals increasingly require competencies spanning consumer psychology, data analytics, digital platforms, AI-assisted campaign design, sustainability, measurement frameworks and integrated brand strategy.

Viewed within the broader context of Nigeria’s creative economy, EXMAN’s reforms mirror a wider transition taking place across several professional sectors. Associations are gradually recognising that long-term competitiveness depends not only on celebrating creative excellence but also on building institutions capable of supporting sustainable industry growth through governance, education, ethical leadership and commercial resilience.

The BrandiQ Perspective

The most important takeaway from EXMAN’s AGM is that Nigeria’s experiential marketing industry is beginning to embrace institutional maturity as a competitive advantage. Creativity remains the sector’s defining asset, but creativity alone is no longer sufficient to sustain long-term growth in an increasingly sophisticated marketplace.

Professional standards, ethical governance, transparent commercial practices and collaborative ecosystems are becoming equally important strategic assets. As marketing becomes more technology-driven and clients demand greater accountability, agencies that combine creative excellence with institutional discipline will be better positioned to command premium value and compete internationally.

The proposed pricing benchmark is particularly noteworthy because it reflects a broader shift in thinking: the industry’s future will be determined not by how cheaply agencies can execute campaigns, but by how effectively they can demonstrate measurable strategic value. That transition – from cost-based competition to value-based competition—could prove transformative for Nigeria’s experiential marketing ecosystem.

BrandiQ Verdict

EXMAN’s 2026 AGM may well be remembered as a defining moment in the institutional development of Nigeria’s experiential marketing industry. By prioritising governance reform, ethical standards, pricing transparency, collaboration and talent development, the association is laying the foundations for a more resilient and globally competitive profession. The real measure of success, however, will lie not in the adoption of new frameworks but in their consistent implementation. If effectively executed, these reforms could strengthen client confidence, improve commercial sustainability and position Nigeria’s experiential marketing sector as a benchmark for professional excellence across Africa.

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ByMartin Ogumah
Martin Ogumah, is BrandiQ Head of Content Assets and Marketing. He is a graduate of sociology, with a master’s degree in political science, and over 15 years’ experience in content development, marketing and public relations.
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