10 Proven Strategies for Boosting Event ROI and Engagement

proven event ROI strategies momencio

Maximizing Return on Investment (Event ROI optimization) and attendee engagement is critical for event planning solutions and field marketing success. Implementing good techniques can greatly influence your event’s result, whether you’re planning a conference, trade fair, or expo. The event industry is skyrocketing. According to Verified Market Research, the global event industry is expected to tap $2.194 trillion by 2028 with a CAGR of 13.48%. Therefore, it’s more crucial than ever to implement the right strategies to quadruple your business growth. In this thorough guide, we’ll look at 10 tried-and-true tactics that Event Planners and Field Marketers can use to boost event ROI and engagement while maintaining streamlined event management. 1. Establish Specific Objectives Begin with defining clear and quantifiable goals for your event, which is a critical step in developing effective event-planning solutions. What are your objectives? Having well-defined objectives can help drive your event planning process, whether generating leads, creating brand exposure, or driving sales. Ensure that your staff knows these goals and that their efforts align with them. Consider dividing these ambitions down into smaller, more manageable ones. For example, if lead generation is your overall objective, you might establish precise goals for the amount of leads you want to acquire during the event. With these clear criteria, you can more effectively assess your progress. 2. Understand Your Target Market Targeting the right audience and market is important. Research says that 37% of revenue is lost in just ads targeting the wrong audience. Effective event planning and Event ROI optimization begin with thoroughly understanding your target demographic. Make your event relevant to their needs and tastes by tailoring the material, activities, and networking opportunities. Consider surveying them or holding focus groups to learn more about their interests and problem issues. Personalize your experiences by segmenting your audience. […]

5 Reasons Why Your Event Lead Capture Needs New Tactics

In the rapidly evolving world of event planning and marketing, mastering effective lead capture is paramount for achieving event success. However, traditional lead capture tactics may no longer yield optimal results given the changing landscape of audience behaviors and technological advancements. To ensure your events stand out and capture valuable leads, it’s time to embrace fresh and innovative strategies. In this blog post, we’ll explore five compelling reasons why your event lead capture needs a revamp and how Momencio can help you adapt and thrive in this ever-changing landscape. Reasons Why Your Event Lead Capture Needs Fresh Tactics: Reason 1: Catering to Evolving Audience Demands In today’s digitally savvy world, modern attendees are highly selective about the content they engage with. Staying ahead of changing audience behaviors is vital to capture leads effectively. Instead of relying on outdated methods like paper sign-up sheets, consider adopting interactive digital forms, mobile apps, and personalized content to better engage your audience and encourage more sign-ups. Reason 2: Stand Out from the Competition With fierce competition in the events industry, setting yourself apart is paramount. Utilizing the same old lead capture tactics as everyone else won’t make a significant impact. To capture attention and make a lasting impression, embrace fresh and innovative strategies. Interactive games or contests that require attendees to provide their contact information can be both entertaining and effective in creating memorable experiences. Reason 3: Embrace Technological Advancements The events industry has witnessed significant technological advancements. Leveraging new tools and features can create an immersive and engaging lead capture experience. From AI-powered lead scoring to mobile event apps, technology enhances the event experience and provides valuable data for post-event marketing efforts. Reason 4: Stay Ahead of Algorithm Changes Social media platforms constantly update their algorithms, affecting the visibility of event-related content. To […]

5 Best Trade Show Lead Capture Apps

  The global trade show revenue market stands at $50.6 Billion, which means hundreds of businesses rely on trade shows to generate leads. However, it’s a complex process involving multiple event planning tactics. To make it more effective, you can use trade show lead capture apps instead of using pen and paper and toiling for hours.   They’re usually connected to a CRM system, so you can just input your leads and save precious time. Moreover, lead capture apps allow you to follow up on your leads by sending personalized emails. This significantly enhances the conversion rate.    This write-up will discuss some of the best trade show lead capture apps so you can pick the one that perfectly complements your needs.            momencio    Starting the list with the best trade show lead capture app, momencio goes beyond traditional lead-capturing apps. It’s a universal lead capture app that isn’t restricted to the event but allows you to follow up with your leads.   The advanced Badge Scanner ensures you don’t miss even a single lead. It scans badges and business cards to store the visitors’ contact information and sends it to the sales teams in real-time for better lead capturing.    With its Digital Assets Library, momencio allows you to store all the relevant PDF, MP4 videos, interactive HTML, and other data offline for your presentations. So, you no longer need to print expensive collaterals and can engage your leads more economically and innovatively.    momencio shows you real-time analytics and insights, helping you decide the best time to follow up on your leads, making it one of the best lead capture apps. Instead of going for cold outreach, it allows you to send personalized follow-up emails, which can increase your revenue by 5.7 times.  […]

The Importance of a Robust Event Lead Capture System: Are You Confident in Your Event Lead Capture Process?

      The Importance of a Robust Event Lead Capture System     Capturing leads at events is a critical aspect of any event marketer’s job. However, the question that arises is – are we doing it efficiently and effectively, and how important it is to have a Robust Event Lead Capture System? In this blog post, we will explore the pain points of event lead capture and discuss the importance of having a solid lead capture process in place. We’ll also offer insights and tips on how to create a lead capture system that will help you maximize the ROI of your events.       The Need for Quality Leads:     Quality leads are the lifeline of any organization’s sales funnel. Capturing a large number of leads is only valuable if they are relevant, interesting, and high-quality. With the right event lead capture system in place, you can ensure that you are gathering data on the right leads because the system will allow you to segment them according to their level of engagement and interest.       Our Solution: momencio’s Smart Event Lead Capture System     momencio’s Smart Event Lead Capture System is an all-in-one platform that streamlines your event lead capture process, increases your ROI, and helps you convert more leads into sales. The platform allows you to capture and manage leads with ease and ensures that your follow-up process is automated and personalized.     Features of Momencio’s Smart Event Lead Capture System:     Pre-Qualification: Our lead capture system allows you to pre-qualify leads by creating custom registration forms that capture key information about your attendees. This makes it easy for you to identify which attendees are interested in your products or services, and prioritize your follow-up accordingly. Real-Time Scanning (Online […]

4 tips to attract visitors to your trade show booth

How do you attract visitors to your booth? Is there a reliable answer to this question? Trade shows provide a valuable opportunity to make serious face-to-face contacts. And as we all know, consumer perception of a brand is greatly influenced by how it is presented in person. To attract visitors, you really need to invest in the image of your booth. But it’s not as easy as it sounds. Yes, the first impression needs to be exceptional, but the entire experience up to the point of leaving the booth should be exceptional as well. So are you ready for some useful tips? If you take them to heart, your booth at the next trade show will definitely be an experience worth having for you and your visitors. 1.Create an “unmissable” stand Before the event, look at your competitors’ booths to see how they are decorated. It’s important to get an idea of how they will be using the event infrastructure. You can also place a graphic on the floor or set up an interactive event touch screen in the entryway. Not only large displays can attract visitors – modern technological innovations are even more impressive for most of them. 2.Make an interactive booth The interactive touchscreen was just the beginning. Nothing is more interesting to visitors than a booth that offers them something new. Create the ideal environment for them to explore, learn and have fun. The opportunities you create to keep visitors interested in your brand are vast. Incorporate games and quizzes into your strategy and make them work for you. 3.Keep it simple The design of trade show booths is usually overdone. Visitors are irritated by too much information in their field of vision. A simple but aesthetic design is much more effective than a loud one. Promote […]

Trade Show Badge Scanner For Lead Capture. An In-Depth Guide for 2023

Badge scanning is essential for networking events and trade shows

Key badge scanner technologies include OCR, RFID, QR codes, NFC, and biometric scanning

Badge scanners provide valuable insights into target demographic

Cost and features including speed, memory, compatibility, security, portability, and design

Following specific steps is essential for operating badge scanners and avoid surprises

Εvent Lead Capture: 3 ways to success

  Generating positive event ROI is one of the main goals of B2B marketing. It’s true that events and trade shows are great lead capture opportunities. Face-to-face time at your own booth with your attendees can help you intimately understand their needs and put them at the center of your next marketing initiative.   But things are changing as technology offers more and more solutions. Now there are new apps and digital tools that can help you highlight your brand’s story and achieve maximum engagement with each visitor. These apps are so innovative that they take lead capture at events to a whole new level.   How to master Event Lead Capture   Let us say you actually capture a lot of leads at your event. Where do you go from there? How do you turn them into customers? If there’s a gap in your marketing plan here, it’s not good. The most important part starts after the event. The follow-up is what we call the beginning of the hard work.   You need to follow 3 important rules to see your event ROI at its best:   Enter accurate event lead data into core marketing and sales systems In 2022, manually filling out a form is neither practical nor chic. It’s also a major reason for unsuccessful visitor engagement. Booth staff spend too much time in the process and miss the opportunity to build rapport and engage in an interesting conversation. So if you are not using an app that can scan visitor badges at the entrance to your booth, you are missing out big time. They are faster, more efficient, and can automatically save new leads directly in your CRM or Marketing Automation platforms. It seems much easier now, doesn’t it?   Identify and track the right leads […]

Lead capture : Everything you need to know

  One of the latest topics is the importance of lead capture for sales, businesses and trade show events. Exhibiting is essentially putting your brand out there in order to generate more revenue. Lead capture is the first step in converting anyone who walks up to your booth into a possible buyer, either now or in the future. Thus, we have created a small guide to answer your most important questions.   What is  lead capture? Lead capture is a method of gathering information about people who express interest in a business and may become clients in the future. There are a few different ways to create a lead capture, but one of the most frequent is to create a form that allows clients to submit their personal information to a company, such as their personal and contact information. Companies can have lead captures on their websites, social media, emails, and other forms of contact to reach out to potential customers. At all types of trade shows and events, event lead capture technology is a solution that allows event organizers and exhibitors to capture, qualify, and instant follow up with leads, using features such as badge or a business card  scans. It also allows organizers to access event data, which provides them with vital information and insights, allowing them to hold future editions based on the analytics.   Why are lead captures important? Lead captures are vital for every company that provides products or services since they are an excellent way to build and maintain a customer base. You can collect information from potential consumers and use it to contact them in the future, to provide details about your items and invite them to make purchases. A lead capture lets you establish sales and lead acquisition goals before your event, […]

momencio - AI Lead Enrichment

Overview

The AI Lead Enrichment is a proprietary service of momencio designed to simplify and enhance the
process of capturing and enriching lead information at any type of event.

By using momencio’s mobile or tablet app, you can use the device’s camera to take a clear picture of any form of identification, including, but not limited to, name tags/event badges/business cards. Our AI-driven service leverages OCR technology to identify any information captured and map any relevant data to a contact record. The contact record is then fed to our Lead Enrichment service, which creates a more complete contact record. The process provides exhibitors with the most accurate and up-to-date contact details available.

The Reality of Event Data Collection

In the dynamic environment of event floors, achieving perfect data accuracy can sometimes be challenging. Both traditional lead capture methods using event APIs and AI Lead Enrichment strive for
high accuracy, but various factors can impact the data collected:

  • Personal Email Usage: Some attendees register with personal email addresses.
  • Name Misspellings: Minor errors can occur during registration.
  • Generic Email Addresses: Use of addresses like marketing@domain.com.
  • Broad Registration Categories: Attendees might register under general titles (e.g., Biomedical
    Student).
  • Complex Company Structures: Companies with multiple sub-companies can complicate data
    accuracy.

     

AI Lead Enrichment is specifically designed to manage these scenarios, continually learning and
adapting to improve its accuracy.

Advanced Services for Lead Enrichment

AI Lead Enrichment leverages a suite of advanced tools and services to ensure the highest quality data retrieval:

  • Machine Learning: Continuously improves the accuracy of lead data.
  • AI (Artificial Intelligence): Enhances basic information with additional details.
  • Data Enrichment: Adds valuable contact details to enhance lead profiles.
  • LinkedIn Services: Provides up-to-date professional profiles.

Our Commitment to Excellence

AI Lead Enrichment excels in providing accurate data, yet certain edge cases may present challenges. These include:

  • Private LinkedIn Profiles: Some professional details might be inaccessible.
  • Personal Email Addresses: When registrants use personal rather than business emails.
  • Small-Scale Businesses: Limited online presence can affect data richness.
  • Self-Employed Individuals: Lack of company affiliation might limit available data.
  • Event Staff Contacts: Scanned badges may occasionally belong to event staff.
  • Extensive Sub-Company Networks: Complexity in identifying the correct entity.
  • Security-Sensitive Industries: Industries like military or government may have restricted
    information.


Despite these potential challenges,
AI Lead Enrichment strives to provide the best possible data,
ensuring valuable insights for effective follow-ups.

How AI Lead Enrichment Enhances Your Event Strategy

  1. Data Capture: Seamlessly capture attendee information such as first name, last name, and
    company name.
  2. Data Enrichment: Utilize AI to enhance this basic information with additional details like
    business email and LinkedIn profile.
  3. Immediate Engagement: Send personalized follow-up emails and provide links to personalized
    microsites to maintain engagement.

     

momencio’s AI Lead Enrichment innovative technology ensures high data accuracy and enrichment, significantly improving your follow-up strategies and boosting overall event ROI.

By operating independently of event-specific APIs, ULC offers versatility across various events while enhancing your lead capture and engagement efforts.

Additional Information on Event APIs

Traditional event APIs play a crucial role in modern event management, facilitating tasks like attendee data collection and session tracking. However, there are common challenges associated with these APIs:

  • Data Delays: Delays in data delivery can affect timely decision-making.
  • Inconsistent Data Quality: Variability in data quality can undermine event analytics.
  • Misleading Event Data: Issues like duplicates can lead to inaccurate attendee estimates.
  • Limited Data Scope: Traditional APIs might miss crucial information that enhances attendee
    engagement and event ROI.

     

momencio’s AI Lead Enrichment overcomes these challenges by offering enriched data with high
accuracy, making it a versatile and cost-effective alternative to traditional event APIs.

How AI Lead Enrichment Works

  1. Data Capture: Captures attendee information, including first name, last name, and company
    name.
  2. Data Enrichment: Enhances basic information with additional details like business email and
    LinkedIn profile.
  3. Immediate Engagement: Sends personalized follow-up emails and links to personalized
    microsites for continued engagement.

By leveraging momencio’s AI Lead Enrichment, you can transform event interactions into meaningful business opportunities, ensuring every lead is accurately captured and effectively engaged