The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...
Measuring The Event Part 2
1. Measuring the Event Implementing Your Measurement Plan and Identifying Success Roger Lewis, Executive Vice President, Alliance Tech Skip Cox, President and CEO, Exhibit Surveys January 20, 2010
2. Webinar Road Map Recap key steps for developing a successful plan What data is most important? Implementing the right solutions Evaluating the data Reporting results
3. Why Measure? Determine your Return on Objectives/Return on Investment (i.e., messaging, awareness, image, branding, sponsorships, sales objectives) Provide decision-support information to enhance strategic and tactical decision-making Event mix strategy/portfolio Investment level Identify cost reduction opportunities Event strategy/planning
4. Why Measure? Identify strengths and weaknesses to improve performance Justify event budgets Compete for marketing dollars In a down economy, metrics are king Demonstrate your over-all value to the organization
6. Philips Healthcare Case Study -RSNA Measurement Plan Objectives: Measure Philips’ success in contributing to Philips’ overall corporate initiatives Measure visitor behavior and analyze tactics to identify strengths and weaknesses Provide decision support info – level of investment, design elements, refine objectives, etc.
7. Sources of Data for Philips RFID Lead Surveys Collect, combine and report data from separate sources
15. Survey Data Post-show attendee survey: Purpose: Quantify size and value of Philips’ potential audience Performance compared to competitors (traffic, awareness, most remembered, staff, consideration to purchase) Attendee activity at entire show Method: Mail survey of random sample of professional attendees
16. Evaluating the Data Measure Success in Contributing to Philip’s Overall Corporate Initiatives Note: Product names and data masked to protect confidentiality of Philips Healthcare.
18. High Purchase Intent Correlates with Solutions Areas Visited Visitors with high purchase intent for specific products/solutions are more likely to visit those areas of the exhibit presumably to advance themselves along the purchase process. * Statistically higher at a 95% confidence level
19. Opportunity PipelineWhat is the anticipated total dollar amount that you expect your organization or facility will spend within the next 12 months for all Philips products combined? Projection of Planned Expenditures
22. Evaluating the Data Measure Visitor Behavior and Analyze Tactics to Identify Strengths and Weaknesses Note: Product names and data masked to protect confidentiality of Philips Healthcare.
39. Summary – Key Take Aways Implementing your measurement plan Data collection is critical Assign responsibility (internal or outsource) Monitor closely to assure integrity of data Map evaluation of data to original measurement objectives (stick to your plan) Report and communicate results Communicate only what is meaningful Communicate widely and at different levels Key strategic findings to management and stakeholders Detailed reporting to event staff and strategic vendors Be as consistent as is possible in measurement from event to event
41. Thank You! Roger Lewis – rlewis@alliancetech.com Skip Cox – skip@exhibitsurveys.com
Notes de l'éditeur
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Recap of Key Elements needed for a Successful Measurement PlanSkip to take the lead on this slide…Key element of Measurement Plan are Measurement Objectives Metrics & Information required to meet measurement objectives Source(s) and/or methodology for collecting data Analysis Plan
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Roger take lead on this slideFinal report – all data incorporated into 1 report
Roger take lead on this slideExecutive Summary – used to Communicate to mgmt. in a different way – just key findings and conclusions
Skiptake lead on this slideCentral repository for all eventsHelps answer questions like: * Where you should continue exhibiting * Where to stop exhibiting * Level of involvement in show, Based on past show data