Event marketing pays off from a sales perspective when:
Your product sells better when it is demonstrated, handled or formally presented. New types of product, complex products and expensive products typically benefit from demonstrations and show-and-tell presentations.
Your prospects can be segmented into groups and there are events that cater specifically to those groups. Research has shown that vertical shows, those that address a specific market segment, can generate 25% more qualified leads than broad trade shows.
The cost of participating is reasonable. What's reasonable depends on your situation. Here are some guidelines:
- The expected cost per qualified lead is acceptable after you account for the true costs of participation. The true cost of an event should include the cost of organizing the 1001 details necessary for participation, booth shipping costs, staff travel costs, and a portion of the booth design and maintenance cost. The cost per lead will almost always be higher for events than for other promotional methods. However, the cost per qualified lead or cost per sale may be very reasonable.
- Participation in the event does not cause undue disruption to other important activities. For example, executives, marketers, product managers and engineers may have to sideline other projects to prepare for, and participate in, events.
Marketingsage can help you implement a successful event marketing strategy by:
Helping you decide if trade shows should be part of your promotional plan, and if so, which shows to attend. We maintain a database of over 5,000 events.
Designing a booth and accessories that help you stand out from the crowd while minimizing the cost of shipping, set-up/tear-down and equipment maintenance.
Renting you the equipment you need for events and presentations if required.
Managing the 1001 logistical details necessary to ensure a successful show and to minimize costs. These include booth storage, shipping and maintenance.
Increasing the number of visitors to your booth with pre-show promotions. Pre-show promotions can draw up to 33% more of the "right" visitors to a booth.
Increasing editorial publicity opportunities by managing event-centric announcements and arranging press and analyst meetings.
- Helping you convert more leads to sales with targeted post-show promotions.
Marketingsage is a full-service marketing agency that acts as a “force multiplier” that enables technology firms to cost-effectively compete with larger or more established rivals. Using a unique mix of market knowledge, integrated marketing services, and proprietary tools, Marketingsage has helped clients make millions in new revenue by generating sales leads, building brands, launching new products, and establishing new sales channels. Marketingsage has achieved that at about 50% of the cost of adding to payroll or using typical agencies.
Marketingsage was founded in 2002 by Agnes A. Lamont and David X. Lamont who each have over 20+ years experience marketing data storage and data management products. Their hands-on experience includes executive management, sales, product marketing, channel marketing, PR, and marketing communications for large firms such as IBM, Seagate, EMC/Legato and a number of innovative start-ups. They have successfully marketed solid state storage, hard disk drives, RAID, backup and recovery, infrastructure management, security, and cloud-based "as-a-service" products directly to enterprise customers and through OEMs, distributors and resellers.
If you think Marketingsage may be able to help you and your business, please give us a call at 925-426-0488 or click here to have us contact you.