top 5 trends in technology and measurement

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Uncovering the Top 5 Technology Trends in Measurement for Meetings and Conferences Today Presented by Roger Lewis

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Page 1: Top 5 Trends In Technology And Measurement

Uncovering the Top 5 Technology Trends in Measurement for

Meetings and Conferences Today Presented by Roger Lewis

Page 2: Top 5 Trends In Technology And Measurement

About the Speaker Roger Lewis

•  Executive Vice President

•  17 years of industry experience

•  Cajun

•  Background in Technology & Metrics

•  Featured Inc. 500 and Forbes

•  [email protected]

Page 3: Top 5 Trends In Technology And Measurement

Introduction to Measurement

“the process of quantifying”

WHAT IS IT?

Page 4: Top 5 Trends In Technology And Measurement

Today’s Do’er is

Tomorrow’s Unemployed

because if you’re doing what you’re told, you are not doing your job.

- Allen Reichard

Tactical Abyss

Page 5: Top 5 Trends In Technology And Measurement

The Anatomy of an Event

Surveys Vendor

Management Hotels Registration/

Badging

Content / Agenda

Sponsorships Venue Management

Exhibit Floor

Lead Capture

Attendee Tracking

Page 6: Top 5 Trends In Technology And Measurement

Value of Measurement

The real value of event metrics is two fold:

1. To demonstrate YOUR over-all value to the organization.

2. To demonstrate the EVENT’S over-all value to the organization

Page 7: Top 5 Trends In Technology And Measurement

2 big faux pas

Page 8: Top 5 Trends In Technology And Measurement

E

1: Define clear, measureable

objectives that produce value.

2: Identify the most effective

way to measure each objective.

3: Determine success range

and value.

4: Obtain tools, technology, expertise to

collect, analyze, identify, report.

5: Collect and analyze event

data.

6: Review results, formulate

recommendations.

7: Communicate results and

recommendations both up and

down.

Measuring Value

Page 9: Top 5 Trends In Technology And Measurement

1st Rule of Metrics

Establish clear objectives

(Relate objectives to company bottom line wherever possible)

Page 10: Top 5 Trends In Technology And Measurement

2nd Rule of Metrics

Event Type guides objectives & goals

Page 11: Top 5 Trends In Technology And Measurement

Types of Events •  Sales

•  CPE / Training

•  User conferences

•  Partner conferences

•  Executive

•  Product launches

•  Road shows

•  Exhibit at Tradeshows

Page 12: Top 5 Trends In Technology And Measurement

Common User Conference Objectives

•  Educate & Increase User knowledge

•  Grow Event and User Community

•  Maintain or Increase attendee satisfaction

•  Build Brand Loyalty & reinforce Brand Image

•  Grow Account Revenue

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3rd Rule of Metrics

Determine success ranges

Page 14: Top 5 Trends In Technology And Measurement

Determine the most effective way(s) to measure each

objective

4th Rule of Metrics

Page 15: Top 5 Trends In Technology And Measurement

Top 5 Trends in Technology for Measurement

Page 16: Top 5 Trends In Technology And Measurement

#1 One consistent lead management solution

Page 17: Top 5 Trends In Technology And Measurement

Consistent solutions

•  One solution for all meetings & events

•  Consistent qualification survey

•  Enhanced lead generation

•  Consistent measurement

Page 18: Top 5 Trends In Technology And Measurement

#2 Event to Event Metrics

Page 19: Top 5 Trends In Technology And Measurement

Consistent set of metrics to compare event to event

•  Qualification Surveys

•  Leads

•  Cost per lead

•  Sales conversions

•  Identify your most valuable events

Page 20: Top 5 Trends In Technology And Measurement

Sample Executive Dashboard

Page 21: Top 5 Trends In Technology And Measurement

#3 – The Green Transformation

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Electronic Data (The Green Transformation)

•  Meeting Agenda

•  Real-time electronic surveys

•  Speaker / Session Surveys

•  Conference Evaluations

•  Polling

•  Mobile Solutions

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Real-Time Survey Dashboard

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Profiles of Attendees

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#4 Social Media

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Online technologies and practices that people use to share opinions, insights, experiences whereabouts and perspectives with each other.

What is it?

MPI WEC #WEC09

Page 27: Top 5 Trends In Technology And Measurement

Networking – #2 reason attendee come to an events

Why is it important?

Objectives •  Grow user community •  Build brand loyalty •  Increase user

knowledge

Page 28: Top 5 Trends In Technology And Measurement
Page 29: Top 5 Trends In Technology And Measurement

Twitter and measurement…

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Attendee Interaction

miXray

Page 31: Top 5 Trends In Technology And Measurement

#5 Marketing Intelligence

Page 32: Top 5 Trends In Technology And Measurement

What is Marketing Intelligence?

Sample types of data:

•  Lead

•  Surveys

•  Attendee interest & preference

(#1 Indicator for purchase intent – RFID)

The mining of disparate data sources to determine how these relate to the overall

purchasing decision process

Page 33: Top 5 Trends In Technology And Measurement

Why is it Important?

•  Enhance event performance & ROI

•  Understand what is important to your audience

•  Obtain additional qualified leads

•  Number 1 Indicator of purchase intent

•  Increase revenue

Page 34: Top 5 Trends In Technology And Measurement

RFID Technology

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Data Visualization

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1)  One Consistent Lead Mgmt. Solution

2)  Event to Event Metrics

3)  The Green Transformation (electronic data)

4)  Social Media

5)  Marketing Intelligence

Top 5 Trends in Technology for Measurement

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Measurement – Goals and Tools User Group Event

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Ways to Increase ROI and Revenue

Clearly understand event objectives &

value to the organization

•  Real-time Information

•  Visual mapping & behavioral analytics

•  Marketing Intelligence

•  Score cards

Page 39: Top 5 Trends In Technology And Measurement

Sample -‘Executive Report Card’ Simplified executive-level event reporting and performance overview

SUCCESS FACTORS MODEL AVG. GOAL ACTUAL GRADE VALUATION

COST AVOIDANCE

Product-Level Meetings Executive-Level Meetings Leads Collection

N/A 8 0

250

10 2

1000

12 1

1250 B $12,000

THOUGHT LEADERSHIP

Article Coverage Press Briefings Speaking / Keynotes

N/A 125 30

2 / 0

125 30

2 / 0

155 35

2 / 0 A- $175,000

PROMOTIONAL EFFORTS

Product Demonstrations Partner Involvement Promotional Impressions

N/A 20 5

100K

20 5

100K

15 2

75K C $18,750

BUDGET Exhibition Spend Public Relations Spend Promotional Spend

$100K

$50K $40K

$155K

$25K $25K

$125K

$75K $40K

$150K $100K $50K

C -$300,000

STAFFING Exhibit Staff Meeting Staff Other Attendees

5 3 2

5 2

10

5 4

10

4 6

20 C- -$50,000

EVENT: ____________________ OWNER: _________________ DATE: __ / __ /____

GREEN = Exceeded Goal BLACK = Met Goal RED = Missed Goal

Page 40: Top 5 Trends In Technology And Measurement

1)  Understand your business

2)  Understand your value to the organization

3)  Understand metrics for success

4)  Top 5 Technology Trends in Measurement are:

•  Consistent Lead solution, event to vent metrics,

going green, Social Media, & Marketing Intelligence

Summary

Page 41: Top 5 Trends In Technology And Measurement

THANK YOU!! Roger Lewis

[email protected] 512.320.5775