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1 
GEORGE TAN & DR. E. CRAIG STACEY 
USING TECHNOLOGY TO GENERATE 
REAL-TIME EVENT INTELLIGENCE
Today’s Objectives 
Turn your events into opportunities to regularly generate insights for clients 
Answer critical questions that keep your clients awake at night 
2 
1 
2
The Event Intelligence Lifecycle 
3 
IDENTIFY OBJECTIVES 
COLLECT RELEVANT DATA 
ANALYZE FOR INSIGHTS 
1 
Turn key client questions into clear objectives (don’t just think of sales ROI!) 
2 
3 
Consider 3rd party information and also what you are uniquely generating 
Leverage available tools to identify trends
4 
Case Study: Light Beer Company
The Power of Beer 
5 
Light Beer Company (LBC) 
•Experiential marketing agency hired to conduct on-premise sampling events in bars, clubs, etc. in 2013 and 2014 
•Importer of light, lager-style beer 
1 
2 
3
Translate client conversations into clear primary and secondary objectives 
6 
KRISTINA 
•“Where should I be spending my limited marketing budget?” 
BUDGET RELATED (PRIMARY GOALS) 
•Determine ROI 
MARKET SHARE RELATED (SECONDARY GOALS) 
CMO, Light Beer Co. 
•“What emerging light beer brands do I need to watch out for?” 
•Identify trending light beer brands 
•Isolate causes of share shift 
1 
2 
3
Advances in event technology make capturing information nearly effortless 
7 
1 
2 
3
Not all data is equal, more granular information is always preferred and sometimes required 
8 
• Large B2B events 
• Multi-day, multi-location B2C campaigns 
Acceptable when you can collect many observations (n>100) or are looking for directional answers 
•Small B2B events 
•Single day, single-location B2C campaigns 
Required when you are only able to collect fewer observations (n<100) or need precise answers 
1 
2 
3 
Clearer (1-to-1) 
Fuzzier 
GRANULARITY
Post-Event Recap 
9 
Clearer (1-to-1) 
Consumer Surveys (at event) 
Fuzzier 
Sales Data (3rd party) 
Online Activity: Social Media (e.g., DataSift) 
Online Activity: Search (e.g., Google) 
GRANULARITY 
INCREMENTAL COST REQUIRED 
Attendee Tracking: 1-to-1 Technologies (e.g., RFID) 
Attendee Tracking: Counters (e.g., Turnstiles) 
Consumer Surveys (email or panel-based) 
Sales Data (Internal) 
Less Expensive 
More Expensive 
INTERNAL SOURCES 
EXTERNAL SOURCES 
1 
2 
3 
Granular info is often more costly; internally-generated data is often high quality and free
We have decided on key objectives and necessary data to capture, now what? 
10 
Unique Internal Sources 
Simple consumer surveys conducted at on-premise sampling events 
Identify trending light beer brands for Kristina at Light Beer Company 
Available 3rd Party Sources 
Online Activity (Google Trends, Social Media) 
1 
2 
3 
IDENTIFY KEY OBJECTIVES 
CAPTURE DATA 
ANALYZE FOR INSIGHTS
Analytical techniques vary in cost and complexity; advanced techniques often provide richer answers 
11 
More Complex 
Less Complex 
COMPLEXITY & COST 
Benchmark Relative Performance Compare your brand to the market 
LBC is one of the most considered import beers in the U.S. and has gained share against domestics 
Competition’s higher quality at a similar price point is causing some share loss 
A 1% decrease in LBC’s price would yield a +0.4% increase in LBC sales volume 
Identify Underlying Performance Drivers Answer why a behavior occurs 
Develop Predictive Model Links performance and underlying drivers 
1 
2 
3
Start with basic benchmarking 
12 
Benchmark against another point in time 
Benchmark data against known competitors 
AND 
1 
2 
3 
MIN. COST 
1 
2
Unique data generated at LBC events identifies emerging brands to track further 
13 
Q: What other beer brands do you most frequently consider drinking? 
(YTD 2014) 
1 
2 
3 
LBC On-Premise Event Surveys 
SOURCE 
YTD 2014 
TIMEFRAME 
Brand names of beers considered by bar patrons 
METRIC 
MIN. COST
Unique data generated at LBC events identifies emerging brands to track further 
14 
Q: What other beer brands do you most frequently consider drinking? 
(YTD 2014) 
Higher Growth 
EMERGING THREATS ZONE 
1 
2 
3 
LBC On-Premise Event Surveys 
SOURCE 
YTD 2014 
TIMEFRAME 
Brand names of beers considered by bar patrons 
METRIC 
IMPORTS 
DOMESTIC 
CRAFT BREWS 
MIN. COST 
Rolling Rock
Augmenting LBC’s event data with 3rd party sources can provide additional insights 
15 
Beer Comps Mind Share Relative to LBC (as of September 2014) 
1 
2 
3 
Number of brand mentions 
METRIC 
Social media 
SOURCE 
YTD 2014 
TIMEFRAME 
MIN. COST
Viewing the same data over time shows change in 
share among key competitors 
16 
0 
1 
2 
3 
4 
5X 
LBC Co. 
Coors Light 
1/1/2008 
7/1/2008 
1/1/2009 
7/1/2009 
1/1/2010 
7/1/2010 
1/1/2011 
7/1/2011 
1/1/2012 
7/1/2012 
1/1/2013 
7/1/2013 
1/1/2014 
7/1/2014 
Lagunitas 
Miller Lite 
Beer Comps Mind Share Relative to LBC 
(January 2008– September 2014) 
1 2 
3 
Number of brand 
mentions 
METRIC 
Social media 
SOURCE 
JAN 2008 to 
SEP 2014 
TIMEFRAME 
MIN. COST
Lagunitas Google Search Activity, US Only 
(YTD 2014) 
Lagunitas appears to be a particularly interesting brand in California and Illinois 
17 
1 
2 
3 
MIN. COST 
Number of brand searches 
METRIC 
Google Trends 
SOURCE 
JAN 1, 2014 to 
APR 2014 
TIMEFRAME
Machine scoring of event commentary suggests Lagunitas acts as a stepping-stone to other beer types 
18 
LBC Sampling Event Sentiment Scores: What do you think about the Lagunitas beer? 
Range of Scores 
-1 
(most negative) 
0 
(neutral) 
+1 
(most positive) 
-0.02 
A little too bitter, but not too bad 
+0.68 
Great. I suggest it to anyone looking to upgrade from store bought light beer into a quality beer 
1 
2 
3 
-0.58 
This beer had zero aroma…I think they are shipping their beer all over the place and its ruining the quality 
+0.50 
Good flavor and no foul aftertaste 
+0.38 
A very good and easy to drink IPA 
Emotional sentiment of event commentary 
METRIC 
LBC On-Premise Event Survey 
SOURCE 
YTD 2014 
TIMEFRAME 
MOD. COST
Upcoming Tech: Facial detection software can count and quantify emotion in all submitted photos adding a new level of quantifiable data depth 
19 
DETECTED 
4 FACES 
GENDER 50% MALE 
50% FEMALE 
PRIMARY EMOTION 
100% JOY 
1 
2 
3 
MOD. COST 
Sentiment of event photos 
METRIC 
LBC Sampling Event Photos 
SOURCE 
TBD 
TIMEFRAME
Combining 3rd party market and internally generated event data can yield very powerful, predictive models 
Business Cycle 
Disposable Income 
+ 
A 1% increase in disposable income per capita implies a 0.75% increase in beer consumption 
Consumer Sentiment (Michigan Index) 
- 
Each 1% increase in the index reduces volume 0.1% 
Price 
Price: 
- 
A 1% increase in the price of the real beer CPI implies a 0.15% decrease in current year beer consumption rising to a cumulative -0.4% over two years 
Alcohol CPI On-Premise/Alcohol CPI Off- Premise 
- 
A 1% increase in the relative price of alcohol on-premise implies an approximate 0.5% decrease in beer consumption 
Beer Price Off-Premise/ (Wine Price Off- Premise + Spirits Price Off- Premise) 
- 
A 1% increase in the beer off-premise price relative to other alcohol off- premise prices implies a 0.4% decrease in beer sales 
Marketing 
Beer Ad Spend (Real $) 
+ 
A 1% increase in Beer Ad Spend implies a 0.12% increase in Beer Consumption 
Liquor Ad Spend (Real $) 
- 
A 1% increase in Liquor Ad Spend implies a 0.04% decrease in Beer Consumption 
Wine Ad Spend (Real $) 
- 
A 1% increase in Wine Ad Spend implies a 0.03 decrease in Beer Consumption 
Societal & Population 
Legal Sub 21 Drinkers as a Percentage of the Population 
+ 
Allowing legal drinking for 1% of the population adds 0.8% to consumption 
Average Age (Beyond Mix Correction in Weighted Population) 
- 
A 1% increase in the average age of the population has a -0.1% impact on beer consumption through “social direction” 
Diet Mentions 
- 
A doubling of publicity on low-carb diets reduces consumption 2.2% 
20 
Beer Consumption Model 
1 
2 
3 
VERY HIGH COST 
DRIVER 
COEFFICIENT 
DESCRIPION
A combination of available business cycle, pricing, marketing and 
population factors model beer consumption accurately 
21 
1960 
1961 
1962 
1963 
1965 
1965 
1966 
1967 
1968 
1969 
1970 
1971 
1972 
1973 
1974 
1975 
1976 
1977 
1978 
1979 
1980 
1981 
1982 
1983 
1984 
1985 
1986 
1987 
1988 
1989 
1990 
1991 
1992 
1995 
1994 
1995 
1996 
1997 
1998 
1999 
2000 
2001 
2002 
2003 
2004 
2005 
-2% 
-1% 
0% 
1% 
2% 
3% 
4% 
5% 
6% 
7% 
8% 
9% 
10% 
11% 
12% 
13% 
14% 
15% 
16% 
17% 
18% 
19% 
20% 
Unexplained Volume 
(model residual as a % of actual) 
0 
25 
50 
75 
100 
125 
150 
175 
200 
225 
Volume in MM Barrels (Acutal and Modeled) 
ACTUAL 
MODELED 
1 2 
3 
VERY HIGH COST 
Volume of beer 
consumed 
METRIC 
Multiple sources 
SOURCE 
1960–2012 
TIMEFRAME 
Beer Volume 
(Actual and Modeled)
Summary of Findings from LBC On-Premise Sampling Campaign 
•LBC is one of the most popular import beers and is gaining share from domestics 
•Lagunitas is an emerging threat, especially in CA and IL 
oConsidered an entry option for lager drinkers looking to expand their taste profile 
oAn affordable, high-quality beer alternative to cheaper light beers 
oRecent expansions in IL will make this an immediate national threat 
22 
1 
2 
3 
KRISTINA 
•“Let’s add Lagunitas to your regular watch list” 
CMO, Light Beer Co. 
•“Can’t wait to see next month’s update”
23 
The Brandscopic Leadership Team 
GEORGE B. TAN 
CEO 
George joined the Brandscopic team in 2013 and brings with him over a decade of strategy consulting, private equity and data analytics experience. 
George holds a B.S. in Computer Engineering from Northwestern University, and an M.B.A. from the MIT Sloan School of Management. 
CHRIS JASKOT 
CTO 
Chris founded Brandscopic in 2005 as an experiential marketing management solution focused in the nightlife marketing industry. Chris holds a B.S. in Computer Science from the University of Michigan . 
DR. E. CRAIG STACEY 
Analytics Advisor 
Dr. Stacey is a recognized expert 
in the area of marketing analysis 
and provides input to Brandscopic analytics. 
He is currently a Founding Partner at The Marketing Productivity Group and the Director of NYU Stern’s Center for Measurable Marketing
GEORGE B. TAN 
gtan@brandscopic.com 
24 
(855) 5-SCOPIC x101
25 
PRESENTATION RESOURCES 
brandscopic.com/eventtech2014
26

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EventTech 2014 Session: Generating Real-Time Event Intelligence

  • 1. 1 GEORGE TAN & DR. E. CRAIG STACEY USING TECHNOLOGY TO GENERATE REAL-TIME EVENT INTELLIGENCE
  • 2. Today’s Objectives Turn your events into opportunities to regularly generate insights for clients Answer critical questions that keep your clients awake at night 2 1 2
  • 3. The Event Intelligence Lifecycle 3 IDENTIFY OBJECTIVES COLLECT RELEVANT DATA ANALYZE FOR INSIGHTS 1 Turn key client questions into clear objectives (don’t just think of sales ROI!) 2 3 Consider 3rd party information and also what you are uniquely generating Leverage available tools to identify trends
  • 4. 4 Case Study: Light Beer Company
  • 5. The Power of Beer 5 Light Beer Company (LBC) •Experiential marketing agency hired to conduct on-premise sampling events in bars, clubs, etc. in 2013 and 2014 •Importer of light, lager-style beer 1 2 3
  • 6. Translate client conversations into clear primary and secondary objectives 6 KRISTINA •“Where should I be spending my limited marketing budget?” BUDGET RELATED (PRIMARY GOALS) •Determine ROI MARKET SHARE RELATED (SECONDARY GOALS) CMO, Light Beer Co. •“What emerging light beer brands do I need to watch out for?” •Identify trending light beer brands •Isolate causes of share shift 1 2 3
  • 7. Advances in event technology make capturing information nearly effortless 7 1 2 3
  • 8. Not all data is equal, more granular information is always preferred and sometimes required 8 • Large B2B events • Multi-day, multi-location B2C campaigns Acceptable when you can collect many observations (n>100) or are looking for directional answers •Small B2B events •Single day, single-location B2C campaigns Required when you are only able to collect fewer observations (n<100) or need precise answers 1 2 3 Clearer (1-to-1) Fuzzier GRANULARITY
  • 9. Post-Event Recap 9 Clearer (1-to-1) Consumer Surveys (at event) Fuzzier Sales Data (3rd party) Online Activity: Social Media (e.g., DataSift) Online Activity: Search (e.g., Google) GRANULARITY INCREMENTAL COST REQUIRED Attendee Tracking: 1-to-1 Technologies (e.g., RFID) Attendee Tracking: Counters (e.g., Turnstiles) Consumer Surveys (email or panel-based) Sales Data (Internal) Less Expensive More Expensive INTERNAL SOURCES EXTERNAL SOURCES 1 2 3 Granular info is often more costly; internally-generated data is often high quality and free
  • 10. We have decided on key objectives and necessary data to capture, now what? 10 Unique Internal Sources Simple consumer surveys conducted at on-premise sampling events Identify trending light beer brands for Kristina at Light Beer Company Available 3rd Party Sources Online Activity (Google Trends, Social Media) 1 2 3 IDENTIFY KEY OBJECTIVES CAPTURE DATA ANALYZE FOR INSIGHTS
  • 11. Analytical techniques vary in cost and complexity; advanced techniques often provide richer answers 11 More Complex Less Complex COMPLEXITY & COST Benchmark Relative Performance Compare your brand to the market LBC is one of the most considered import beers in the U.S. and has gained share against domestics Competition’s higher quality at a similar price point is causing some share loss A 1% decrease in LBC’s price would yield a +0.4% increase in LBC sales volume Identify Underlying Performance Drivers Answer why a behavior occurs Develop Predictive Model Links performance and underlying drivers 1 2 3
  • 12. Start with basic benchmarking 12 Benchmark against another point in time Benchmark data against known competitors AND 1 2 3 MIN. COST 1 2
  • 13. Unique data generated at LBC events identifies emerging brands to track further 13 Q: What other beer brands do you most frequently consider drinking? (YTD 2014) 1 2 3 LBC On-Premise Event Surveys SOURCE YTD 2014 TIMEFRAME Brand names of beers considered by bar patrons METRIC MIN. COST
  • 14. Unique data generated at LBC events identifies emerging brands to track further 14 Q: What other beer brands do you most frequently consider drinking? (YTD 2014) Higher Growth EMERGING THREATS ZONE 1 2 3 LBC On-Premise Event Surveys SOURCE YTD 2014 TIMEFRAME Brand names of beers considered by bar patrons METRIC IMPORTS DOMESTIC CRAFT BREWS MIN. COST Rolling Rock
  • 15. Augmenting LBC’s event data with 3rd party sources can provide additional insights 15 Beer Comps Mind Share Relative to LBC (as of September 2014) 1 2 3 Number of brand mentions METRIC Social media SOURCE YTD 2014 TIMEFRAME MIN. COST
  • 16. Viewing the same data over time shows change in share among key competitors 16 0 1 2 3 4 5X LBC Co. Coors Light 1/1/2008 7/1/2008 1/1/2009 7/1/2009 1/1/2010 7/1/2010 1/1/2011 7/1/2011 1/1/2012 7/1/2012 1/1/2013 7/1/2013 1/1/2014 7/1/2014 Lagunitas Miller Lite Beer Comps Mind Share Relative to LBC (January 2008– September 2014) 1 2 3 Number of brand mentions METRIC Social media SOURCE JAN 2008 to SEP 2014 TIMEFRAME MIN. COST
  • 17. Lagunitas Google Search Activity, US Only (YTD 2014) Lagunitas appears to be a particularly interesting brand in California and Illinois 17 1 2 3 MIN. COST Number of brand searches METRIC Google Trends SOURCE JAN 1, 2014 to APR 2014 TIMEFRAME
  • 18. Machine scoring of event commentary suggests Lagunitas acts as a stepping-stone to other beer types 18 LBC Sampling Event Sentiment Scores: What do you think about the Lagunitas beer? Range of Scores -1 (most negative) 0 (neutral) +1 (most positive) -0.02 A little too bitter, but not too bad +0.68 Great. I suggest it to anyone looking to upgrade from store bought light beer into a quality beer 1 2 3 -0.58 This beer had zero aroma…I think they are shipping their beer all over the place and its ruining the quality +0.50 Good flavor and no foul aftertaste +0.38 A very good and easy to drink IPA Emotional sentiment of event commentary METRIC LBC On-Premise Event Survey SOURCE YTD 2014 TIMEFRAME MOD. COST
  • 19. Upcoming Tech: Facial detection software can count and quantify emotion in all submitted photos adding a new level of quantifiable data depth 19 DETECTED 4 FACES GENDER 50% MALE 50% FEMALE PRIMARY EMOTION 100% JOY 1 2 3 MOD. COST Sentiment of event photos METRIC LBC Sampling Event Photos SOURCE TBD TIMEFRAME
  • 20. Combining 3rd party market and internally generated event data can yield very powerful, predictive models Business Cycle Disposable Income + A 1% increase in disposable income per capita implies a 0.75% increase in beer consumption Consumer Sentiment (Michigan Index) - Each 1% increase in the index reduces volume 0.1% Price Price: - A 1% increase in the price of the real beer CPI implies a 0.15% decrease in current year beer consumption rising to a cumulative -0.4% over two years Alcohol CPI On-Premise/Alcohol CPI Off- Premise - A 1% increase in the relative price of alcohol on-premise implies an approximate 0.5% decrease in beer consumption Beer Price Off-Premise/ (Wine Price Off- Premise + Spirits Price Off- Premise) - A 1% increase in the beer off-premise price relative to other alcohol off- premise prices implies a 0.4% decrease in beer sales Marketing Beer Ad Spend (Real $) + A 1% increase in Beer Ad Spend implies a 0.12% increase in Beer Consumption Liquor Ad Spend (Real $) - A 1% increase in Liquor Ad Spend implies a 0.04% decrease in Beer Consumption Wine Ad Spend (Real $) - A 1% increase in Wine Ad Spend implies a 0.03 decrease in Beer Consumption Societal & Population Legal Sub 21 Drinkers as a Percentage of the Population + Allowing legal drinking for 1% of the population adds 0.8% to consumption Average Age (Beyond Mix Correction in Weighted Population) - A 1% increase in the average age of the population has a -0.1% impact on beer consumption through “social direction” Diet Mentions - A doubling of publicity on low-carb diets reduces consumption 2.2% 20 Beer Consumption Model 1 2 3 VERY HIGH COST DRIVER COEFFICIENT DESCRIPION
  • 21. A combination of available business cycle, pricing, marketing and population factors model beer consumption accurately 21 1960 1961 1962 1963 1965 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1995 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 -2% -1% 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% Unexplained Volume (model residual as a % of actual) 0 25 50 75 100 125 150 175 200 225 Volume in MM Barrels (Acutal and Modeled) ACTUAL MODELED 1 2 3 VERY HIGH COST Volume of beer consumed METRIC Multiple sources SOURCE 1960–2012 TIMEFRAME Beer Volume (Actual and Modeled)
  • 22. Summary of Findings from LBC On-Premise Sampling Campaign •LBC is one of the most popular import beers and is gaining share from domestics •Lagunitas is an emerging threat, especially in CA and IL oConsidered an entry option for lager drinkers looking to expand their taste profile oAn affordable, high-quality beer alternative to cheaper light beers oRecent expansions in IL will make this an immediate national threat 22 1 2 3 KRISTINA •“Let’s add Lagunitas to your regular watch list” CMO, Light Beer Co. •“Can’t wait to see next month’s update”
  • 23. 23 The Brandscopic Leadership Team GEORGE B. TAN CEO George joined the Brandscopic team in 2013 and brings with him over a decade of strategy consulting, private equity and data analytics experience. George holds a B.S. in Computer Engineering from Northwestern University, and an M.B.A. from the MIT Sloan School of Management. CHRIS JASKOT CTO Chris founded Brandscopic in 2005 as an experiential marketing management solution focused in the nightlife marketing industry. Chris holds a B.S. in Computer Science from the University of Michigan . DR. E. CRAIG STACEY Analytics Advisor Dr. Stacey is a recognized expert in the area of marketing analysis and provides input to Brandscopic analytics. He is currently a Founding Partner at The Marketing Productivity Group and the Director of NYU Stern’s Center for Measurable Marketing
  • 24. GEORGE B. TAN gtan@brandscopic.com 24 (855) 5-SCOPIC x101
  • 25. 25 PRESENTATION RESOURCES brandscopic.com/eventtech2014
  • 26. 26