Sharing Successful Strategies for Association and Independent Show Producers

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DESCRIPTION

Through live event research with event marketers and exhibit and sponsorship sales and service professionals, this document presents statistics on attendee pricing, social media planning, marketing and sales staffing, and exhibit sales. Organizations who produce conventions can use this presentation for benchmarking statistics, trend insights and peer-to-peer learning.

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Key Findings fromAttendee Acquisition and

Exhibit Sales Roundtables

Sam Lippman President, Lippman Connects

Agenda• Introduction

• About Attendee Acquisition Roundtable (AAR) & Exhibit Sales Roundtable (ESR)

• Attendee Acquisition Roundtable Key Findings

• Exhibit Sales Roundtable Key Findings

• Questions

About AAR and ESR

Established 2011 2012

Attendance 18 attendees3 times a year

18 attendees3 times a year

Purpose • Event marketers focus on ways to find, attract, and retain quality attendees

• Tracks lifecycle of attendees

• Identifies new prospects and rebuilds lists

• Boosts conversion rates

• Exhibit/sponsorship sales & service professionals share best practices

• Benchmarks exhibit pricing, space assignment, and sponsorships

Key Findings

Attendance

6/2012 1/2013 4/2013

Increased 67% 50% 67%

Same 17% 27% 25%

Decreased 16% 23% 8%

AAR Surveys

Pricing6/2012 1/2013 4/2013

Full Conference

Increased 45 38 27

Same 55 62 64

Decreased 0 0 9

Expo Only

Increased 10 0 20

Same 90 82 80

Decreased 0 18 0

AAR Surveys

Marketing Budget • 67% of marketing spend same 2012 to 2013

• 16% of event budget for attendee marketing

• Spent per new attendee $56 – 200

• Spent per attendee $27 - 140

• Breakdown of marketing budget

– 25% direct mail

– 16% email marketing

– 16% social media and technology

Data from Attendee Acquisition Best Practices Survey by JJK

Collaboration• Empower “multipliers”

– Cooperate with competitors

– Exhibitors and speakers

– Convention Bureaus

– Media, bloggers

– LinkedIn Group Managers

We have annual marketing strategic planning meetings with staff and

suppliers/contractors:

• Yes – 29%

• No – 64%

• Starting one this year – 7%

Poll Results

Break Down Silos • Strategic Planning Meetings

– Annual

– Sign non-disclosure agreements

– Marketing agency, registration/mobile app companies, general service contractor and bureau to brainstorm

– 25% bring staff/suppliers together to discuss marketing plans

Data from AAR 2012 and 2013

Social Media and Technology• Use technology to improve experience

– 74% mobile apps

– 67% social media

– 67% in-house video production staff

– 52% full time dedicated staff for social media

– 40% train exhibitors to use social media

– 16% marketing budget for social media and technology

Data from Attendee Acquisition Best Practices Survey (2013) by JJK and AAR 2012 and 2013

We have a full time staff person dedicated to attendee recruitment/sales:

• Yes – 20%

• No – 75%

• Planning to add this position – 4%

Poll Results

Attendee Recruitment• Similar level/responsibility as exhibit sales

• Travel budget

• Staff rewarded for attendee prospecting/sales

• Pay reps to sell registrations

Key Findings

NSF and Companies2/2012 9/2012 3/2013

Net Square Feet

Increased 45% 45% 50%

Same 15% 25% 33%

Decreased 40% 30% 17%

Exhibiting Companies

Increased 55% 55% 70%

Same 20% 10% 15%

Decreased 25% 35% 15%

ESR Surveys

Sponsorships Sales

Total Sales

61% Increasing

27% Same

12% Decreasing

Data from Attendee Acquisition Best Practices Survey by JJK

Exhibit Sales • Awareness of Reed’s Choice Exhibit Pricing

• Sell multiple price points - smaller than 8’x10’

• Applying/qualifying to exhibit

• Space application

– Who not next to = hot lead

– Who do you want to see for attendee marketing

– What do want to accomplish to measure ROI

Exhibit Sales• Prospecting vs Selling (Hunters & Farmers)

• Proactive servicing of exhibitors

• Packages

– Reveal cost of everything

– Include marketing services

– Multiple packages at various price points

Sponsorship /Sales Trends • Pattern interrupt – free burritos & Godiva

• Increase retention with service/education

• Time-limited special pricing/discounts

• Offer sponsorships same time exhibit is sold

• Incentivizing entire staff for leads

• Reveal who bought sponsorships

Do you offer a match-making/appointment setting

service:

• Yes – 29%

• No – 44%

• Considering it – 12%

Poll Results

Match-making / Appointments

Data from Attendee Acquisition Best Practices Survey by JJK

Offer Services Yes No

2011 36% 64%

2012 47% 53%

2013 58% 42%

Match-making / Appointments

Data from Attendee Acquisition Best Practices Survey by JJK

Very / somewhat effective for exhibitors

2011 51%

2012 34%

Sponsorship Successes• Customized offer to their target audience(s)

• Exclusive top-to-top networking

• Digital, video, apps and technology

• Semi and non-endemic sponsors

• Sponsor keynote, track and/or sessions

• New inventory & multiple low cost options

Sales Successes• Product categorize exhibit floor

• Pavilions – international, technology, etc.

• Educate exhibitors = increased ROI + retention

• Targeted proposals from sales – data heavy

• Work other shows with your editor

• Theaters, pavilions, web sites &video walls featuring new products and first time exhibitors

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