Your Event Sold Out – Now What?
Your Event Sold Out – Now What? #eventprofs #assnchat #mpi #tradeshows
As part 2 of an ongoing series of posts about the marketing, management and delivery of successful events, it’s no longer enough to simply sell-out your event, now it’s time to deliver.
Deliver what? Well, if your answer is “a long list of unqualified leads”, then you’re not alone.
As we’ve all seen, exhibitors and sponsors are hyper-ROI focused and it has nothing to do with today’s economy . . . because they’ve never been interested in meeting their competitors, the trick-or-treaters or tire-kickers. What they want is introductions to qualified leads so the real question is; Will an exhibitor or sponsor invest in your event if their only return is a ‘list of the list‘?
And, if the obvious answer is no, then what are you going to deliver?

Previously, we’ve shared the ‘how to’ for qualifying leads, the many tools available for lead management, the precarious position any event puts itself in if they balance their event bottom line on unqualified leads, how to utilize social media to have a great event, and we’ve learned a great deal from ‘lead masters’.
You already know to take advantage of social networking (but how?) and you’ll do your best to pre-plan meetings and of course, put your best efforts forward to get the right people in the right room with each other through a variety of matchmaking services.
Then, of course, you’re going to provide fishbowl’s (to be avoided?) and assist your exhibitors through careful floor management and layout with any qualification process they may have – to help them size up leads at the booth. Much of this advice has not changed for the past 10 years and frankly, much of the equipment hasn’t changed in those 10 years, either. The only real difference is that the (un)qualified list is gathered at a greater speed and more efficiently as long as you can deal with the long(er) list – but are they qualified leads and even if they are, are your exhibitors ready and equipped to follow them up?
What HAS changed over the past 10 years is how people research and purchase. The Internet has done many things including bring about a wave of information and connectivity that increases each year. People head to a show with a pretty good idea what they want to see and who they intend to meet. They collect information before during and after the event. They use personal technology and mobile technology to track it all and they like to share it in real time with their colleagues that couldn’t attend the event.
What happens after an event is a steep drop off in attention span. Follow up must occur within a week and if your event is judged on the ’success’ each exhibitor has, what are you going to do to help them?
Instead of working the list, what if the list worked for your exhibitors?
Let’s say an exhibitor met 500 people in their booth and each of those 500 attendees had a web page that stored all of their ‘meetings’, their connections, gave them the ability to bookmark those things they found interesting, enabled them to interact with speakers, exhibitors and other attendees and all of that connective information was shared. Then, after the event, your exhibitors could go to their event web site and see which 50 attendees downloaded their brochure, clicked through to the web site, passed the information to their colleagues and event reached out to further the relationship with your exhibitors . . . and you had the ability to measure and monetize all of that information.
You must be spinning with ideas by now so I’ll give you just one more: What if you tagged all the products and services, speakers and sponsors and attendees so that anyone could express interest and connect with people, products and ideas – all in real time, all conveniently organized in a ‘Facebook for Events-like’ interface and all for free?
Are you making it easy for your attendees to access the information they need, and providing your exhibitors with the tools to measure that interest in their products? And, are you monetizing that?
After the event everything seems to blend together in the mind of many attendee’s. Some shows more than others . . .but imagine the virtual shopping list of items in each attendees “bag.” They may not remember the blandly named technology company that sells wireless HD video transmitters, but they will remember that they can easily access their ‘online bag’, reach out to learn more and then easily purchase the items they otherwise wouldn’t have recalled, if you help them.
So a list of people doesn’t necessarily turn into customers. Buyers with specific needs turn into customers and modern lead management should help those potential buyers have an experience that looks more like how they traditionally shop. It should take advantage of modern social networking.
And above all, it should be easy to use so that everyone will actually do it!
OK, so now that you’ve built your audience and the exhibitors and sponsors are accessing quality introductions to people, products and ideas . . . what’s next?
That’s what our next blog post will be all about: Your Event is Going On Right NOW . . . Now What?
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