S3: Ep1 Measuring Conference ROI

CMOs Off Script
CMOs Off Script
S3: Ep1 Measuring Conference ROI
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Episode Summary

Episode Summary: Welcome back to CMOs Off Script! Season three kicks off with an in-depth discussion on maximizing conference ROI, led by our hosts, four experienced health tech leaders: Amanda, Bethany, Laura, and Nisha. This episode is packed with actionable insights and strategies to help the C-suite understand the value of conference investments and guide their teams toward tangible returns. From selecting conferences to securing speaking slots, calculating ROI, and leveraging targeted advertising, the hosts share their best practices and cautionary tales for ensuring that every dollar spent on conferences drives results.

Key Topics Discussed:

  • Defining Conference ROI: The importance of brand building, lead generation, and customer connection as key goals for conference attendance
  • Effective ROI Metrics: How to track leads, meetings, speaking engagements, and cost-per-meeting booked for a clear picture of conference success
  • Maximizing Value Through Partnerships: Using vendor and customer partnerships to cut costs and expand reach
  • Post-Conference Strategies: Why follow-up plans are essential, and tips for tracking ROI months after the event to capture long-term gains
  • Exploring Alternatives: Pros and cons of large national conferences versus smaller, regional or niche events with focused audiences
  • Overcoming “We’ve Always Done It This Way”: The importance of re-evaluating traditional conference strategies to ensure they align with current business goals

Takeaways:

  • Budget-Conscious Testing: Consider testing an event with a small team before investing heavily the following year.
  • Beyond the Booth: Hosting offsite or smaller, focused events around larger conferences can often deliver higher ROI.
  • Targeted Marketing Pre- and Post-Conference: Use digital marketing and email campaigns targeting event attendees to maximize engagement.
  • Metrics Matter: Track ROI not just immediately after the event but over the months following to account for longer sales cycles.

Chapters:

  • 0:00 Welcome to Season 3
  • 0:27 The Value of Conference ROI
  • 1:28 Brand Building, Lead Gen, and Customer Connection
  • 4:10 Conference Swag: Fun & Functional Ideas
  • 6:12 Tracking ROI & Metrics That Matter
  • 10:00 CRM Tracking & Real-Time Event Updates
  • 12:07 Lessons from ROI Cautionary Tales
  • 18:28 Alternatives to Large Conferences
  • 22:26 Partnering for Cost Efficiency & Reach
  • 26:00 Extending Efforts Beyond the Conference
  • 29:08 Tips for Securing Speaking Opportunities
  • 34:07 Wrap-Up

Tune in to CMOs Off Script for a masterclass on maximizing conference ROI. Don’t forget to check out additional insights on CMOSOffScript.com for more actionable resources and updates!