4 common mistakes when attending B2B events
Tom Roberts
Director & Co-Founder at Kinetic Alliance | Helping my clients generate MQL's and sales pipeline
Over the past 16 years I have been fortunate enough to run multiple events, from 3 day summits, tailored dinner’s to virtual events. During this time I have witnessed the good, the bad and the ugly.
Heading into 2023, many marketers may face pressures to slash budgets in midst of the economic crises. That being said, Barbie Mattie (VP and Principal Analyst) from Forrester, explains the merits of disciplined “spend money to make money” approach, and not to hold back as this could hinder long term competitiveness.
Purse strings might be tighter this year, so it’s even more important to make the most out of each investment. Whether it’s a spend in content marketing, webinars, SEO or attending events, the importance of getting it right is paramount.
I have shared a few experiences on some common mistakes when attending events, from a sponsorship side, and what you could do help drive success pre-event.
1. Not knowing your audience well enough
Its crazy the amount of times I have been asked by sponsor attendee's (on the day of the event), "who is attending from a delegate side"?
For each event you choose to sponsor, as a company, you will have access, pre-event, to see what company, persona, executive names and titles you'll be meeting and networking with during the event itself. In some cases you will also have insight into their challenges, focuses and needs.
Best practises to get to know your audience (pre-event):
2. Overselling
I think all of us can relate at one point in our lives that we have been ‘hard sold’ too, or at least they have tried to hard sell you. I have seen this time and time again at different events, and it's one of the biggest mistakes people make.
No one wants a product or service rammed down their throat in this day and age. It may have worked 10/15 years ago, but it won’t now and hasn’t for a long time.
Each event is different in how they run i.e. how many attendees vs sponsors are there, format etc. But one thing is constant - when you are speaking to a prospect, you are speaking to another human. We all know people buy from people, which is why it's so important to build a relationship with your prospects during the event.
If you have done your research correctly, pre-event, then you know they are looking into your solution. So take the time to build a relationship and don’t even talk about your company until prompted and, trust me, they will ask if you get them ‘liking you’ from the off.
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3. Post event follow ups:
Your post event follow ups are crucial to ensuring you are gaining as much success from attending the event.
What not to do:
What to do:
It’s so important to engage with your prospects post event. The benefit from meeting them in person is that you have a personal relationship with them, to some degree. Lean on this and help guide them through their pain points which, hopefully, you will have a solution for.
4. Aligning Sales and Marketing:
Marketeers and sales executives tend to have the same business objectives when attending events, but how they are executed are sometimes very different.
The idea of nurturing a prospect to guide them to a business outcome, is mostly more favourable from a marketing side. Where, on the sales side, It can be to get around as many people as possible and ‘spread the net’, so to speak.
I deal with marketers mostly pre-event, but I am a salesman at heart. It’s been really interesting to learn what their business objectives are for each type of event. There are the obvious ones such as MQL’s, brand recognition, pipeline etc, but sometimes some more subtle ones, such as researching into their target audience, understand the market in more detail.
Whatever your business objectives might be when attending events, it’s absolutely imperative to align Marketing’s objectives to the sales objectives - this will drive more success for you as a company!
Summary
There are many more aspects to look at whilst attending events, and I have only highlighted a few. I think, in this day and age, event companies (like my own) provide you with so much insight to the companies and executives joining, that you can get the most amount of value out of each event, and make each event a success.
I’d love to know if you experienced any other ‘mistakes’ in the comments below or, alternatively, if you would like to have a chat about our experience on ‘best practises’, please reach out - it would be great to chat!
Tom Roberts
CEO
Kinetic Alliance Ltd
Marketing Manager @ Astrofil Consulting
1 年Great article today, thank you for sharing
?? Digital Marketing Officer at Gympanzees to help find a permanent home – a play, exercise and social facility for our families ?? Solving design and marketing needs through visual communication ??
1 年Brilliant points made here!
Media and Comms for YMCA Cheltenham
1 年I really like this topic, something I didn’t know I needed to know !
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1 年Brilliant article
Leadership & Executive Coach (PCC) | Mental Fitness Coach. I help Leaders and Executives unblock their self-limiting beliefs, create greater impact by their actions and achieve the results they desire and deserve.
1 年Great insights Tom, I have experienced ( and been guilty of) overselling