Voluntary Protection Programs Participants’ Association Exhibitor ROI Toolkit Instruction for completing ROI Review and consider the purpose of each category and the importance it holds for your organization. Remember • Think beyond the immediate bottom line • Consider how the outcomes may enhance your organizations overall performance • Develop an achievable, valuable goal for each of the categories. For example: • 10 new customers met, • 20 qualified leads, • learned new idea that will improve our organization, • Each category should have AT LEAST one goal, but can have as many as you wish. Keep in mind, you many have immediate ROI expectations, near term ROI, and long term ROI Identify actions that can and should be taken to achieve success in reaching your goals (i.e. in order to meet with 15 current customers, preset appointments with attendees/customers 15 days prior to the event). If you choose, you can weigh the importance of our categories and customize to your organization with the table on page 4. You can then score the success of each outcome. – For example, a staff person new to the organization/field, their goals would be weighted more toward education, while a more seasoned staff person’s goals may be more weighted to reconnecting with customers or learning trends and how it may impact the organization. The individuals would then Aug. 29-Sept. 1, 2017 New Orleans, LA Voluntary Protection Programs Participants’ Association Exhibitor ROI Toolkit rate their experience on a scale of 0 – 5 to determine the measurable success After the event, be sure to revisit this document to measure your success and share the information you learned along with the ROI with your colleagues. Thought starters to customize your worksheet How many prospects were uncovered? How many new relationships were established? What industry trends did you learn? What competitive intel did you gain? How many clients did you meet with (existing account maintenance)? How visible were you to attendees? How was your booth location/traffic? How did you brand? How was your brand perceived? Did your booth-hook work? Pre-mailer? Were attendees drawn in? Were you approachable/informative? What are my competitors doing well? How well were you able to connect with your target audience? Did the attendance meet your expectations? What would you do differently next time? What would you do the same? What events/sessions outside of the expo did you attend? What were the valuable take-aways? Were the optional events offered in conjunction with the conference of value? Did you sponsor any events? What was the client feedback? Aug. 29-Sept. 1, 2017 New Orleans, LA Voluntary Protection Programs Participants’ Association Exhibitor ROI Toolkit Aug. 29-Sept. 1, 2017 New Orleans, LA Voluntary Protection Programs Participants’ Association Exhibitor ROI Toolkit Category/Value How important is this category? Lead Generation Weight/importance __25___% Ideas Generated Weight/importance __15___% Networking Weight/importance __20___% Competitive Intel Weight/importance __15___% Marketing/Branding Weight/importance __25___% Goals (List at least one goal per category that you want ROI on) Actions Outcome Score (Immediate, Near, Future) (0=low,5=high) Bring back 100 business cards Follow up with all of them within two weeks of conference Of those 100, we get a return of at least 15% 5 Come back with a good hook for our booth for our next conference Peruse other booths to see what is working and what is not Propose a new booth idea before our next conference 3 Meet with current customer to establish new sales Find companies that we can partner with to strengthen our brand Pre-booking appointments with current customers Attended the majority of the networking events at the conference 4 Make contact with current competitors and gain insight on what they are working with Quickly pop over to competitor booths to see what is new Coming back with at least 5 new orders Get specific point persons for these companies and follow up within the first week after conference Make notes for items that may be competitive to us Choose a sponsorship/ ad strategy for next year Choose the items/events to sponsor that stick out the most at the conference Aug. 29 – Sept. 1, 2017 4 Contact VPPPA to get onto 5 sponsorship/advertising list for next year. Maybe advertise in VPPPA publications before the conference to get people to come to our booth. TOTAL 21/25 New Orleans, LA Voluntary Protection Programs Participants’ Association Exhibitor ROI Toolkit Competitive intelligence gathered Cost? I will bringing back competitor brochures and pricing. New products? Brochures will cover this, as well. I have several pictures of booths and products that we should think about incorporating What are others doing differently (creative ideas)? Fun giveaways, traffic boosters, photo booth, interactive booths, games, sponsorships What are the trends you noticed? Drawings to attract people to booths, contests, giveaways, samples of products, testimonials, engaging product demonstrations What are competitors doing in their booth to drive traffic? Massage booth tickets, corner booths seem to be getting a lot of attention, prize drawings at certain times, product demonstrations What was the total cost of exhibiting at the event? $_1000____ Travel (hotel, air,) $_120____ Client entertainment $_300____ Exhibit cost (shipping, booth, electric) $_1750____ Registration $_700____ Promotional materials $_50____ Other costs – Meals were catered and provided daily, so meal costs were kept low Total __$3,920____________ Aug. 29-Sept. 1, 2017 New Orleans, LA Voluntary Protection Programs Participants’ Association Exhibitor ROI Toolkit How did this compare to other exhibitions you attend? This was a more targeted audience interested in what we do. This is the only VPP conference on at the national level, so it was definitely a great benefit to attend. It was easy to network with both attendees and fellow exhibitors as we all had VPP as a common thread. Also, there were so many activities and events that drove traffic into the exhibit hall allowing for more interaction with attendees than we see at many other conferences. Going back to the questions on the first page, these were some of my major observations: - We are a bit behind on advertising. It looks like we do have the most advanced version of our product as far as our competition. We need to be looking out for this new kind of material that may be worth integrating into our products. I will be bringing back information about it. - We sponsored a game card square. We had great traffic boosting results with that. After seeing some of the sponsored items they have available (phone charging couch, massage booth, water bottles, bags,) I think we should talk about choosing some of these things for next year, also. I saw so many great sponsored items, banners, ads, etc. I wished our name was out there a bit more. - Next year, I would bring along another rep. I dealt with a good number of people, but feel like we could give them more personalized attention and explained our products more if we would have another hand on board. More branding/ advertising efforts, also. - We had great information hand-outs. Our team did a great job putting together concise, easily-digestible information about our products that people did not mind taking with them. Aug. 29-Sept. 1, 2017 New Orleans, LA Voluntary Protection Programs Participants’ Association Exhibitor ROI Toolkit - The majority of attendees at this conference were potential or existing customers. I had interaction with people who expressed that they were glad they found us at the show. Aug. 29-Sept. 1, 2017 New Orleans, LA
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