Archive for the ‘Corporate Meetings’ Category

Event Marketing and Social Media

Wondering whether to use social media to promote your next event, and wondering how exactly to go about that?

I found a reference to a great example of using Facebook for event marketing.  Check out the National Association of Automobile Dealers on Facebook (http://www.facebook.com/pages/National-Automobile-Dealers-Association-NADA-2010-convention-Orlando-FL/187704176760?ref=mf)  In addition to a link to register for the event, there are video clips and photos from prior years, promos for top speakers, etc.

Monday, December 21st, 2009

An Effective Event Website Leads to More Event Registrations

What are the elements of an effective event marketing website?  Drawing from my experience planning events, and from our MeetMax clients, with some additional insights from LinkedIn users, I’ve compiled the following list of elements of a successful event website: 

REGISTER ONLINE: Clear means to register online (and make it easy)

POST-EVENT MARKETING: Let registered attendees download materials after the event – for example, copies of presentations, exhibitor brochures. 

USABILITY. I want what I want, and it always can’t take too much time to find it.  Make the Navigation simple and straight-forward.

NETWORKING – The most valuable discussions at an event often take place outside the presentation rooms.  If you want a truly successful event, find ways to facilitate your attendees in connecting with one another. A great way to do this is to offer the ability to set appointments with exhibitors, speakers or sponsors in advance.

ENGAGING – People want similar information to what’s in brochures, but more engaging.  Take advantage of technology, for example by regularly adding extras such as speaker video-clips.  Update the content regularly and use email to encourage registered attendees to remain engaged with the event as it draws near.

COMPLETE – Content has to be complete and up to date.  You need specific content for different audiences — attendees, exhibitors, sponsors.

  • For Attendees (Must-Have’s):
  1.  Topic and Theme of the Event
  2. Audience Description so I know what’s in it for me
  3. Agenda (that is up to date)
  4. Speaker information including their bios (again, up to date)
  5. Session descriptions that actually match the content of the session.
  6. On-line Registration Form with ability to accept credit card payments, along with other forms like P.O.’s or checks.
  7. Logistics – Hotel, Travel, Directions, PARKING, Meals
  • For Attendees (Nice to Have’s):
  1. Dress Code
  2. Spouse/Guest Information – either your guest program or some ideas of sights to see and things to do while the attendee is at the conference
  3. Video snippets from last year’s event, for example the mainstage speaker
  • For Exhibitors and Sponsors:
  1. Description of Sponsor and Exhibitor packages
  2. Ability to sign-up/register online
  3. Attendee profiling including demographics, behavior, content interests
  4. Ability to reach prospective attendees with a virtual presence, micro=site content 
    Chat/click-to-talk/schedule appointments

HELP IS AVAILABLE – one-click button to contact someone for more information or assistance and have a person focused on ACTUALLY answering the emails/phone

Wednesday, December 16th, 2009

Pricing and Event Registration

I read a new e-book on event planning recently, “Eleven and a Half” by Corwin Hielbert (www.redwagonmanagement.com), and was intrigued by his discussion of pricing for events.  It got me thinking about the different approaches to pricing that I have seen our clients use, and what I have observed about the impact that pricing seems to have on registrations and attendance.  

  • If your event has no fee associated with it, the number of no-shows will be higher than if you are charging a fee. 
  • Time-definite pricing, i.e. early-bird pricing, does generate registrations just before a deadline, but you have to plan to several communications to your invite list to remind them that the early-bird pricing is about to expire.
  • Highly segmented pricing, where you have many different pricing groups that registrants can locate themselves in (members/non-members, certified/non-certified SMB, new/returning attendee, etc), is often confusing and you may see a higher percentage of people abandoning their registration than if you simplified the pricing structure.
  • Offering promotional discount pricing to generate registrations as the event gets closer may alienate the attendees who registered early.  Instead, consider an incentive to encourage already-registered attendees to register a colleague or two to join them.

Monday, December 14th, 2009

What’s Your Experience with Email Marketing

Most of our clients do some form of email marketing to promote their upcoming events.  Some create very sophisticated invitations in terms of graphics, fonts, colors and links, and some use very simple communications that look more like personalized letters.  Some email to the same list multiple times and others send just a single email.
So, which approach leads to higher registrations?

If you are like me, you get inundated with offers for free white papers that promise to tell you how to execute a successful email marketing campaign.  After reading a half dozen of these free white papers, here’s how I boil down the keys to email success:

  • The quality of your list is the key determinant of success.  Your list should be email addresses for people who have requested that you send them invitations.  
  • Content is the second most important element.  Write a strong subject line.  Make the content relevant to the reader.  Have a clear call to action.  Optimize the top 250×250 pixels with compelling information, so that the reader will scroll down “below the fold”. 
  • For some people, you have to contact them multiple times to get a response.  Successful fundraisers know that for some donors, they need to send up to 4 reminder letters to secure the next year’s gift.  The same thing is true for event marketers.
  • Measure the business result — how many people who received the invite then went on to register for the event.  Tracking just open and click-through rates doesn’t tell you how effective your email marketing is — it only tells you that someone read it.

What’s been your experience?  Have you got a winning formula for email marketing for your events? 

Wednesday, December 2nd, 2009

Maximize Registrations with a Webcast Options

MeetMax and our sister company, Wall Street Webcasting, provide live and archived webcasts for 1000′s of conference sessions each year.  So, it is probably no accident that with the economy being what it is and event organizers working hard to maximize registrations,  I’ve heard from a number of people about how they would like to use webcasting to build attendance at events virtually.  Here are just two:

    * An international academic conference is planned for a week in a large city in Asia.  The organizers expect 2000 people to attend the 100 conference sessions in person, but they want to expand their reach by producing a shortened version for people to attend remotely.  Ten sessions will webcast live with viewers able to submit questions to the speakers via email.  The 10-session online version of the conference will then be available in an archived version for viewing later.  Different registration fees will apply for attending in-person, attending the live webcast version, or viewing the archived conference webcast.
    * A regional venture conference gives CEOs of start-ups an opportunity to get their story out to potential funders, partners and the media.  To expand their audience beyond local funders, they want to webcast the presentations.  To convey the sense of excitement in the room live, they will incorporate a Twitter feed into the webcast screen and display in the presentation room the Tweets from people attending both in person and remotely.

Wednesday, December 2nd, 2009

Innovative Uses of 1×1 Meetings Create Value for Meeting Organizers, Sponsors and Exhibitors

Here are three stories of how meeting planners in different industries are using 1-on-1 meetings to enhance the value of their events.

Annual Sales Meeting Connects Corporate Staff with Regional Management

A large resort chain with several brands and properties throughout Asia hosts an annual sales meeting for the general management of each property. In addition to the traditional presentation agenda and social events in the evening, corporate marketing schedules time for 1-on-1 meetings between corporate functions and each general management team. Each of the 60 management teams meets with 10-15 corporate functions throughout the course of the event. In order to ensure that the general management teams are able to balance time for handling calls and emails, the teams are allowed, when registering for the event, to specify times during the day when they will not be available to be scheduled.  Using an online registration and scheduling system makes the task of setting the schedules for these meetings much simpler and less time-consuming.  Using 1-on-1 meetings facilitates focused discussions on goals, directions and challenges.  At the conclusion of the sales meeting, attendees return home having had productive, high-quality discussions with the corporate groups they depend on for success.

Software Company User Group Attendees Meet with Developers

At their annual user group meeting, the marketing staff for a mid-sized application software company encourages attendees to request, when registering for the event, face-to-face meetings with the firm’s senior-level software engineers. These meetings give users an opportunity to explore in detail requirements they have for database upgrades or application changes, or to talk through technical issues they are experiencing with their installation. Some meetings are for the company’s usability experts to walk through an early version of a new release to get user feedback on the system’s interface. By formally facilitating these meetings, the marketing staff ensures that key clients are given access to the company’s technical leadership, and that all clients leave the event more invested in their use of the company’s products.

Tradeshow Planner Supports Distributor – Buyer Business Development

At a large international consumer products tradeshow in Las Vegas, the event organizer wanted to provide a more formal opportunity for top tier distributors to develop new business relationships with exhibitors at the show. Working with the event’s meeting planner, they put together a targeted 1-on-1 meeting program where this select group of distributors accessed online, in advance, a list of the show exhibitors and could request 30 minute meetings with any of these exhibitors. The meetings were scheduled by the meeting planner staff and allocated a small conference room. Before the distributors and exhibitors arrived on-site, they were emailed their schedule of meetings, and arrived knowing that their time at the tradeshow would be productive.

Thursday, September 3rd, 2009

Measuring What Matters in Events

Measuring event effectiveness requires an investment of time and resources. Is it worth it? MPI’s annual “EventView 2009 North America Report” concludes that companies that measure event performance are nearly 41% more likely to expect increases in their marketing budget than those that do not. For me, that makes a compelling case for measuring what matters in events.

Here are some of the approaches to measurement that I’ve heard about from our meeting planner clients at MeetMax and those that I’ve learned from my own experience producing events and conferences.

  • You Get Partial Credit Just For Asking. Numbers of invitations sent, mentions in the press and in the blogosphere are all indicative of the impact on your company’s brand
  • Everyone In. Make sure you are counting all of your attendees, even those that attend remotely.
  • Beyond Counting Attendees: Establish metrics that are directly related to your business objectives for the event.
  • Quantify the Cost: How much is a qualified sales prospect worth to your company? What does it cost you to generate one meaningful connection with a qualified prospect?
    • Count the number of qualified prospects, based on demographics, at the event
    • Determine the number of qualified prospects with whom your staff (or your sponsors or exhibitors) had a face-to-face dialog?
    • Calculate the cost of a single meaningful interaction, by dividing the total cost by the number of meaningful connections made.
    • Compare the cost of generating that sales prospect to the value of a sales prospect.
  • Survey to Measure Perceptions and Satisfaction to Determine Whether Your Event Was Memorable and Met Expectations.
  • Track The Long-Term Impact, Including Sales Conversions, Trends And Industry Averages.

Are you using an innovative approach to measuring event effectiveness? Post a comment and share your approach with us.

Tuesday, May 12th, 2009

What’s the NEW Secret to “Must-Attend” Events?

In today’s business environment, everyone is watching their travel and marketing budgets.  Sponsoring or exhibiting at an event is expensive, and even attending one is a commitment of time and travel expense.

But imagine, as a sponsor, if prior to an event you could see a list of attendees and other sponsors, choose which ones you’d like to have a private meeting with, and then arrive on the day with a full list of scheduled meetings, complete with attendee contact details and specified locations.

Imagine also, as an attendee, if you could see a list of all companies and people attending the event, request meetings with those you want to do business with, and come to the conference knowing for sure that you were going to meet them in peace for 30 minutes.

Private, pre-scheduled 1-on-1 business development meetings turn a conference into a business development trip for every participant.   No more chance encounters, no more waiting around hoping to swap cards – instead, scheduled quality time with key business prospects.    And you, the conference organizer, facilitate this relationship building by providing the service to connect and schedule these meetings and providing a room or table for the meeting to take place.

You have turned your conference into an exciting, must-attend event.  You have created a whole new sponsorship category because sponsors have priority status for these meetings.   And you have elevated your own organization into a key driver of business development.

Private 1-on-1 meetings have been a vital part of financial conferences for many years – and MeetMax is the registration system of choice for these events.   Increasingly, other industry conferences are realizing their importance.  Those events that get there first will see the biggest benefit, as they become a magnet for all kinds of business development spending.   And those events that do it best, will use MeetMax for their online registration because of its comprehensive, easy-to-use functionality for managing private meetings.

Click  here to schedule a demo, and use that time to ask us about how private meetings work in practice — we have worked on hundreds of events involving private meetings, some of which have had over 1000 pre-scheduled 1-on-1 meetings.

Friday, May 1st, 2009

Activities done well

When you are taking registration for an Event that has multiple activities, why not provide more information and more control to your guests as they register. It will save you a lot of time later with follow-up, and provide your guests with a more gratifying experience.

1. Options. Most event registration systems let guests sign up for the spa – but that’s about it. What treatment they get and when exactly is often left for onsite or an off-line conversation. Easier, is to provide all the option during the registration process. First, it saves you time. Second, it keeps all this information in a single place so you can send it to the resort in one email.

2. See who else is participating. How very Web 2.0! We know this doesn’t apply to every activity – which is why it’s an optional setting for each activity – but when I am signing up to a golf tee-time, or deciding which bus trip to go on – it would surely help me to choose if I could see who else had signed up. It will only hit you as a customer service issue later – when guests ask to switch activities to be with their friends – so why not let them manage it themselves upfront and save yourself that time.

3. Private Activities. Here is an exception to transparency. Do you ever have a private dinner that a few guests will be attending but that you do not want to be visible to everyone else? Making a dinner Private allows the administrator to choose discretely who can attend, but the dinner still shows up on personal schedules of those included.

Monday, August 27th, 2007

Registration for Analyst Days or Investor Days

Today, more and more companies organize Analyst Days as a way to provide a deeper perspective to Investors, in contrast to brokerage conferences, where presentation time is limited.

There is no excuse for not using the same sophisticated registration and event management systems as are used by brokerage firms.  Investors expect it.

What are the benefits of using a purpose-built registration tool for your analyst days or AGM?

  • Better Response
  • Save time
  • Survey your Investors at the same time
  • Schedule management 1x1s

A system Investors are familiar with and which saves them time in registering – such as TWSTEvent, which is used for most investment bank conferences – will yield a higher response from Investors.

You save time if all your response data is in one place, along with sign-ups to lunch and other events, and if you can check the data and download it from any PC.

Ask your registrants a few questions as they register, to get some pre-event feedback. Their attitude to the sector, awareness or response to recent announcements, aspects of your company they would like to hear more about. It takes very little time for the registrant, and you get valuable feedback to help design the event.

Do you give attendees an opportunity to meet senior management in 1×1 meetings? Then let the investors indicate their interests when they register.

Monday, August 27th, 2007

 

 

About MeetMax

MeetMax is the leading registration systems for Companies look for Ease of Use, Functional Power, 1on1 Meetings, Easy to Customize to Meet your Exact Needs.
MeetMax improves marketing and attendance at Corporate events, and makes running them vastly more efficient.

Contacts

For more information on MeetMax:
Conferences & Corporate Events - 518-691-0442 or email meetings@twst.com
Financial Conferences and Roadshows- 212-952-1600 or email corporateaccess@twst.com