Attendees of Photonics West 2014 shared their results regarding lead generation, as well as tactics for preparation and follow-up, in our survey. Use our results to benchmark your own performance. Get more tradeshow tips at www.launchsolutions.com.
2. Q1: Respondents — Diverse Market
Segments
Glass manufacturers
Plastic manufacturers
Engineering services
Imaging systems
Lasers
Capital equipment
Electro-mechanical & Opto-mechanical manufacturer/assemblies
Optical components manufacturer/assemblies
Ceramics
Optical coating
University
3. Q2: Booth / Participation
How did you participate in Photonics West?
33.3%
38.9%
5.6%
16.7%
5.6% 10-ft booth
20-ft booth
40-ft booth
Island
Walked the show only
Do larger booths generate more leads?
Compared to 2012 & 2013 survey results,
this year’s respondents had larger booths
on average.
4. Q3: Total Lead Generation
How many total leads did your company generate this year?
17.6%
5.9%
11.8%
17.6%11.8%
11.8%
23.5%
16-25
26-35
36-50
51-75
76-100
101-125
126-150
>150
On average, respondent companies
generated 100 leads for the show. Adjusted
leads per 10 foot booth area = 50, up from
42 in 2013.
5. Q4: Number Of Qualified (Warm/Hot) Leads
How many qualified leads did your company generate this year?
6.3%
50.0%
12.5%
6.3%
6.3%
18.8%
<10
10-25
26-50
51-75
>125
I don't know
The percentage of qualified leads to
total leads in 2014 was up slightly over
2013: 36% vs. 33%.
6. Q5: Year-to-Year Lead Change
How do this year’s leads compare with 2013?
11.8%
17.6%
29.4%
11.8%
11.8%
5.9%
11.8%
More leads
Better quality leads
Both more & better leads
Fewer leads
Weaker leads
Both fewer & weaker leads
I don't know
NA--We didn't exhibit last year
Among those who exhibited last year,
2014 respondents experienced moderate
improvement in lead generation quantity
and quality.
7. Q6: Tradeshow Goals
28%
6%
22%
39%
6%
Brand/product awareness
Customer meetings
Leads
Qualified leads
Prospect &/or competitive research
Several respondents indicated more than
one goal, which is reflected in the chart.
40% of responses were very specific in
terms of lead counts, meetings arranged,
and product awareness goals. We strongly
encourage you to set specific goals and
design your pre-, during-, and post-show
activities to support them.
What are your goals for this show?
8. Q7: Methods of Tracking Success
What metrics do you use to track tradeshow success?*
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
*multiple responses allowed
Total qualified leads is the most common
success metric, followed by total leads.
9. Q8: Best Performing Shows
What are your best performing shows?*
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
90.0%
100.0%
Most respondents attend or exhibit at more
than one show. Respondents overwhelmingly
consider Photonics West the best show for
lead generation.
*multiple responses allowed
11. 0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
120.0%
Q11: Follow-up Methods
What does follow-up look like in your company?*
Add to
database
for email
newsletter/
nurture
campaigns
Connect with
all leads on
LinkedIn/
social media
Add to
CRM (like
Salesforce)
Email Call 1x Call multiple
times
Send card/
literature
*multiple responses allowed
Editor's Notes
10 foot booths are the norm. Several respondents walked the show only. For companies who have not exhibited at a particular show, we typically recommend they walk the show for the first year to assess fit. Even if walking only, targeted business opportunities can be had with pre-planning and scheduling meetings with key exhibitors for example.
Average 40 leads per 10’ boothAverage 38 leads per 6’ tabletopAverage 38 leads per 20’ boothAverage 175 leads per island (assume same space as two 20’)Normalized to 10’ booth area = 41.8
Q8 32% of respondents indicate prep is poor or needs work (68% good or excellent)Q9 34% of respondents indicate follow-up is poor or needs work (66% good or excellent)
Other comments: I only connect with hot leads on Linked In. I only link to people I personally know.depends on type of lead