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RETURN ONRETURN ON
INVESTMENTINVESTMENT
Measuring theMeasuring the
SuccessSuccess
of your Eventof your Event
Step One:Step One:
Determine who yourDetermine who your
Stakeholders areStakeholders are
 Event HostEvent Host
 AttendeesAttendees
 Exhibitors & sponsorsExhibitors & sponsors
 Facility and vendorsFacility and vendors
 SponsorsSponsors
 Media PartnersMedia Partners
 Etc.Etc.
Step Two:Step Two:
Determine the ObjectivesDetermine the Objectives
of your Stakeholdersof your Stakeholders
For the Event Host/Client, these could be:For the Event Host/Client, these could be:
 Financial – income producedFinancial – income produced
 Marketing-related - who the “message” wasMarketing-related - who the “message” was
delivered todelivered to
 Performance-based - # of attendees, exhibitors,Performance-based - # of attendees, exhibitors,
sponsors, etc.sponsors, etc.
 Relationship-based or attitude changeRelationship-based or attitude change
Objectives of other Stakeholders:Objectives of other Stakeholders:
 Attendees: what did they getAttendees: what did they get
for their time and money?for their time and money?
 Exhibitors & Sponsors: how satisfied areExhibitors & Sponsors: how satisfied are
they with the marketing dollars they spent?they with the marketing dollars they spent?
 Facility & Vendors: was their ROI positive?Facility & Vendors: was their ROI positive?
Step Three:Step Three:
Develop ways to measureDevelop ways to measure
achievement of objectivesachievement of objectives
 Performance data:Performance data: attendance, # of exhibits & sponsorships, #attendance, # of exhibits & sponsorships, #
of attendees, revenue/profit,of attendees, revenue/profit,
sales of sponsor products, etc.sales of sponsor products, etc.
 Questionnaires, Surveys, Focus groups:Questionnaires, Surveys, Focus groups: what were thewhat were the
perceptions?perceptions?
 Learning:Learning: what did they learn from it?what did they learn from it?
 Business impact:Business impact: future financial results (usually sales)future financial results (usually sales)
 Intangibles:Intangibles: some impacts cannot be converted to monetary valuesome impacts cannot be converted to monetary value
Step Four:Step Four:
Compile your measurements andCompile your measurements and
report back to the stakeholdersreport back to the stakeholders
 Report both positive and negative resultsReport both positive and negative results
 Include recommendations forInclude recommendations for
improvement for future eventsimprovement for future events
Remember the “PEDL” approach:Remember the “PEDL” approach:
Plan, Execute, Debrief & LearnPlan, Execute, Debrief & Learn
Step Four:Step Four:
Compile your measurements andCompile your measurements and
report back to the stakeholdersreport back to the stakeholders
 Report both positive and negative resultsReport both positive and negative results
 Include recommendations forInclude recommendations for
improvement for future eventsimprovement for future events
Remember the “PEDL” approach:Remember the “PEDL” approach:
Plan, Execute, Debrief & LearnPlan, Execute, Debrief & Learn

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2ROI_on_Events_240_version

  • 1. RETURN ONRETURN ON INVESTMENTINVESTMENT Measuring theMeasuring the SuccessSuccess of your Eventof your Event
  • 2. Step One:Step One: Determine who yourDetermine who your Stakeholders areStakeholders are  Event HostEvent Host  AttendeesAttendees  Exhibitors & sponsorsExhibitors & sponsors  Facility and vendorsFacility and vendors  SponsorsSponsors  Media PartnersMedia Partners  Etc.Etc.
  • 3. Step Two:Step Two: Determine the ObjectivesDetermine the Objectives of your Stakeholdersof your Stakeholders For the Event Host/Client, these could be:For the Event Host/Client, these could be:  Financial – income producedFinancial – income produced  Marketing-related - who the “message” wasMarketing-related - who the “message” was delivered todelivered to  Performance-based - # of attendees, exhibitors,Performance-based - # of attendees, exhibitors, sponsors, etc.sponsors, etc.  Relationship-based or attitude changeRelationship-based or attitude change
  • 4. Objectives of other Stakeholders:Objectives of other Stakeholders:  Attendees: what did they getAttendees: what did they get for their time and money?for their time and money?  Exhibitors & Sponsors: how satisfied areExhibitors & Sponsors: how satisfied are they with the marketing dollars they spent?they with the marketing dollars they spent?  Facility & Vendors: was their ROI positive?Facility & Vendors: was their ROI positive?
  • 5. Step Three:Step Three: Develop ways to measureDevelop ways to measure achievement of objectivesachievement of objectives  Performance data:Performance data: attendance, # of exhibits & sponsorships, #attendance, # of exhibits & sponsorships, # of attendees, revenue/profit,of attendees, revenue/profit, sales of sponsor products, etc.sales of sponsor products, etc.  Questionnaires, Surveys, Focus groups:Questionnaires, Surveys, Focus groups: what were thewhat were the perceptions?perceptions?  Learning:Learning: what did they learn from it?what did they learn from it?  Business impact:Business impact: future financial results (usually sales)future financial results (usually sales)  Intangibles:Intangibles: some impacts cannot be converted to monetary valuesome impacts cannot be converted to monetary value
  • 6. Step Four:Step Four: Compile your measurements andCompile your measurements and report back to the stakeholdersreport back to the stakeholders  Report both positive and negative resultsReport both positive and negative results  Include recommendations forInclude recommendations for improvement for future eventsimprovement for future events Remember the “PEDL” approach:Remember the “PEDL” approach: Plan, Execute, Debrief & LearnPlan, Execute, Debrief & Learn
  • 7. Step Four:Step Four: Compile your measurements andCompile your measurements and report back to the stakeholdersreport back to the stakeholders  Report both positive and negative resultsReport both positive and negative results  Include recommendations forInclude recommendations for improvement for future eventsimprovement for future events Remember the “PEDL” approach:Remember the “PEDL” approach: Plan, Execute, Debrief & LearnPlan, Execute, Debrief & Learn