Why Do Companies Spend So Much on Events? It’s Not Just for the Free Pens
We’ve all been there, attending a trade show, corporate event, or conference, thinking, "Why on earth are companies spending so much money on this?" Is it the fancy displays? The endless tea and biscuits? The mountain of free branded pens you’ll never use but somehow can’t resist taking?
The truth is, companies don’t just invest in events for the freebies. They spend big on events because, quite simply, events work. But why? Let’s break it down.
1. Making Your Brand Memorable at Events (Not Just Another Business Card in the Pile)
Ever been to an event where one company’s stand just sticks in your mind? Maybe it was the impressive visuals, the interactive booth, or the fact they were handing out free cupcakes (because, let’s face it, food is marketing’s best friend). The point is, events give brands the chance to be more than just visible—they can be memorable.
A digital ad can scroll past your audience, forgotten in seconds. But a brilliant event stand, with a jaw-dropping display and an unforgettable experience, stays with people long after the event ends. Companies invest in events because they create emotional connections—ones that last.
?? Thought for You: How is your brand making sure it’s remembered after the event? Is it creating the kind of experience that makes people talk about you on the way home?
2. Why Face-to-Face Engagement at Events Matters (No Zoom Required)
Sure, we live in a digital world where we can order our weekly shop and close deals online, but let’s be honest—nothing beats face-to-face interaction. Whether it’s a firm handshake (or post-pandemic fist bump), a friendly chat over a cuppa, or a live demo, events allow businesses to connect on a human level.
And guess what? People trust humans more than emails or social ads. That genuine interaction can turn a curious visitor into a loyal customer—and we all know a loyal customer is worth their weight in gold (or at least a couple of leads).
Pro Tip: People buy from people. If your event strategy isn't about creating real connections, it might be time to rethink. Are you making the most of face-to-face moments?
3. The Power of Live Product Demonstrations at Events (Show, Don’t Tell)
You know what’s better than telling someone how amazing your product is? Showing them. And no, I don’t mean a PowerPoint presentation (we’ve all suffered through too many of those). I mean a live, in-person demo—something that gets people excited and makes your product impossible to ignore.
At events, companies get to demonstrate their products in action. When potential customers can see and touch your offering, it becomes real, tangible—and far more convincing than anything they’ve seen online.
Thought for You: How are you demonstrating the value of your product or service at events? Are you putting your best foot forward or sticking with those endless slides?
4. Events Are Lead-Gen Goldmines (Without the Cold Calls)
Think events are just for networking? Think again. They’re lead-generation goldmines. Unlike the faceless emails that often go ignored, event attendees are already interested in what’s being offered. They’ve made the effort to turn up, so they’re more open to conversation and—drumroll, please—your pitch.
And unlike cold calls, event conversations feel more natural, less salesy. It’s business in the best way—without the awkwardness. It’s like having a room full of warm leads, all ready to listen. Where else are you going to get that?
?? Pro Tip: Are you approaching events as prime lead-gen opportunities? If not, it’s time to start. What’s your strategy for turning conversations into conversions?
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5. ROI from Events: Not Just a Buzzword
Let’s not mince words—events can be pricey. But the reason companies keep investing is simple: they deliver a fantastic return on investment (ROI)—when done right. We’re talking high-quality leads, greater brand exposure, and a ripple effect that extends long after the event ends.
It’s not just about the day of the event either. A well-executed show can generate social media buzz, earn media coverage, and create lasting brand impressions that can fuel your sales pipeline for months. When you factor in the long-term benefits, the initial cost becomes a smart investment.
?? Thought for You: Are you tracking the long-term impact of your events? How are you measuring success—just in terms of immediate leads, or the broader brand impact?
6. Virtual, Hybrid, and Tech-Savvy Events: The Future Is Here
Not everyone can attend your event in person. But guess what? They don’t have to. With virtual and hybrid events, companies can expand their reach far beyond the event hall. Whether it’s live streaming your keynote or offering a virtual reality demo of your product, technology is changing the way we think about events.
Companies are spending more on virtual and hybrid solutions to engage a wider audience and create personalised, immersive experiences—even for those joining remotely. Hybrid events offer the best of both worlds: live, in-person connections paired with the extended reach of virtual audiences.
?? Pro Tip: Are you embracing tech at your events? Virtual and hybrid options aren’t just a nice-to-have anymore—they’re a must.
7. Establishing Brand Authority at Events: It's a Flex (And a Good One)
Beyond lead-gen and product showcases, events are where companies build brand authority. When you’re up on stage, giving talks, or hosting workshops, you’re positioning your brand as a thought leader in your industry. And thought leadership leads to trust, which ultimately leads to business.
Sponsoring and speaking at events gives you a platform to shape the conversation in your field. It’s not just about selling your product; it’s about showing that you know your stuff—and that people should be paying attention.
?? Thought for You: Are you positioning yourself as a leader in your industry, or just another voice in the crowd? How are you shaping the conversation at your next event?
Final Thoughts: Why Companies Continue to Invest in Events
At the end of the day, companies invest in events because they offer something digital platforms can’t—a fully immersive, real-world experience. Whether it’s building stronger customer relationships, generating high-quality leads, or establishing themselves as industry leaders, events are about long-term brand success. And the return is worth every penny.
?? How are you making an impact at your events? At Verve Display, we specialise in creating visually stunning event graphics and experiential displays that turn heads and spark conversations. Whether you’re looking to stand out at your next exhibition or dominate the corporate event scene, let’s chat about how we can help you leave a lasting impression.
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Global Product Marketing Leader | SaaS B2B | Supply Chain Visibility, Security, Quality and Compliance I Technology I Logistics Visibility & Risk Management | Keynote Speaker | Facilitator | Coaching
2 个月Great summary. We saw the impact the pandemic had on business relationships and how we all felt when we returned to making human face-to-face connections again.