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Key Findings from the Large Show Practices Study and Roundtable 2014

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Page 1: Key Findings from the Large Show Practices Study and Roundtable 2014
Page 2: Key Findings from the Large Show Practices Study and Roundtable 2014

IAEE MATSO Council Welcome

Chris Nemchek

Senior Vice President

Specialty Food Association, Inc.

Chair, IAEE Matso Council

Page 3: Key Findings from the Large Show Practices Study and Roundtable 2014

Facilitator

Brian Casey, CEM

President & CEO

CEIR

Sam Lippman

President

Lippman Connects

Joe Federbush

VP Sales & Marketing

Exhibit Surveys

Page 4: Key Findings from the Large Show Practices Study and Roundtable 2014
Page 5: Key Findings from the Large Show Practices Study and Roundtable 2014

Speakers

• Joe Federbush, VP – Sales and Marketing, Exhibit Surveys

• Sam Lippman, President, Lippman Connects

Page 6: Key Findings from the Large Show Practices Study and Roundtable 2014

Agenda

• Large Show Event Profile

• Exhibit and Sponsorship Sales

• Attendee Acquisition

• Challenges

• Co-locations

• International Expansion

Page 7: Key Findings from the Large Show Practices Study and Roundtable 2014

Large Show Event Profile

Source: Large Show Practices Study (Spring 2014)

Average Range% Change

Yr to Yr

AttendanceTotal 27,700 1,700 – 130K +4%

Net Attendance 2 17,345 1,400 – 65K +3%

Percent of International Attendees 16% 1% - 60% +10%

Percent of First Time Attendees 26% 0% - 60% +1%

ExhibitorsNumber of Exhibiting Companies 905 137 – 2,700 +6%

Number of Attendees per Exhibitor 20 3 - 68 +2%

Page 8: Key Findings from the Large Show Practices Study and Roundtable 2014

Large Show Event Profile

Source: Large Show Practices Study (Spring 2014)

Average Range% Change

Yr to Yr

Attendee Promotion SpendingAttendee Promotion Spending $372,000 $7.5K- $2.3M +18%Promotion Spending per Attendee $24.11 $2.68 - $55.70 +10%Percent of Total Event Direct Costs represented by Attendee Promotion

10% 3% - 25% +8%

RevenuePrice Per Square Foot $27.97 $14 to $44 +2%

Total Revenue $10,830,000 $563K - $42M +7%

Page 9: Key Findings from the Large Show Practices Study and Roundtable 2014

Exhibit and Sponsorship SalesBest Practices

• Start a “Figure 8” sales program

• Get more out of space applications

• Identify sponsors for “Sold” sponsorships

• Give bonus priority points for rebooking onsite

Page 10: Key Findings from the Large Show Practices Study and Roundtable 2014

Ways to Prove Exhibitor ROI

• Attendee demographics

• Leads/traffic generated

• Analytics, data, post show reports

• Testimonials from sponsoring exhibitors

• Event prospectus

Page 11: Key Findings from the Large Show Practices Study and Roundtable 2014

Attendee Acquisition – Best Practices

• Digital remarketing

• Turn first-timers into fans

• "Reasons to Attend" prominent on home page

• Leverage exhibitors’ competitive spirit

Page 12: Key Findings from the Large Show Practices Study and Roundtable 2014

Attendee Acquisition Budget Allocations

Provides Best ROI

• E-mail

• Direct Mail

• Telemarketing

Provides Worst ROI

• Print Ads

• Social Media

• List Purchases

Page 13: Key Findings from the Large Show Practices Study and Roundtable 2014

Challenges

• Bringing more attendees to the show

• Enhancing & personalizing attendee experience

• Keeping satisfied exhibitors

• Controlling costs

• Outgrowing facilities

Page 14: Key Findings from the Large Show Practices Study and Roundtable 2014

Co-location Usage

49%

34%

17%

No, not interested in co-locations atthis time

Yes currently co-locating with otherevent(s)

No, but considering co-locating inthe near future

Source: Large Show Practices Study (Spring 2014)

Page 15: Key Findings from the Large Show Practices Study and Roundtable 2014

Key Metrics for Successful Co-locations

• Last ditch effort or true fit?

• Revenue/ROI - for both show mgmt. and exhibitors

• Attendees – do they mesh?

• Increased exhibitors’ leads vs decrease in booth sales

• Satisfaction & Value – for both attendees and exhibitors

Page 16: Key Findings from the Large Show Practices Study and Roundtable 2014

Key Metrics for Successful Co-locations

• Case Study: Recent co-location of major construction & remodeling shows– 81% of attendees found the co-location to be extremely or very

valuable

– Show A: 51% will return next year as a result of the co-location

– Show B: 65% will return next year as a result of the co-location

– Huge success in cross-over traffic and value to exhibitors

Page 17: Key Findings from the Large Show Practices Study and Roundtable 2014

Interest in International Events

57%

17%

11%

9%

6%

Not interested

Considering in the near future

Currently produce international versions of event

Currently produce a version(s) of my event as a

Discontinued international event

Source: Large Show Practices Study (Spring 2014)

co-located event

Page 18: Key Findings from the Large Show Practices Study and Roundtable 2014

Questions?

For more information, contact:

Joe Federbush [email protected]

Sam Lippman [email protected]

Page 19: Key Findings from the Large Show Practices Study and Roundtable 2014

Please Complete Your Evaluations Available on the Show App

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