Four Things Event Marketers Should Consider to Improve Event ROI
Rethinking How You Do Event Marketing Are you looking for fresh ways to attract more qualified leads to your trade shows and events, and convert them...
3 min read
Lindsay Sykes November 25, 2016
In our last blog, we talked about how you can convert more leads to customers at your events by designing effective sell paths. Sell paths are the fourth element of our high conversion event marketing series, and are the combination of the actions needed to purchase your product or services.
Sell paths convert leads to customers. The easier that path is, the less customers have to give up to make a purchase, and the more valuable your product becomes to them.
So how can you simplify your sell path to close more sales and convert more leads to customers? Here are five of our favourite tips and examples.
Since not all purchases can be made on site, try and give your attendees a taste of what they want to purchase while they’re at your event. If they can’t leave with their new purchase in hand, give them the next best thing.
Why it works: These steps help leads feel like they have already won and have made progress in their purchase, decreasing the chance that they’ll abandon or forget about your product/service after the show.
The likelihood of an attendee making a purchase decreases when the process feels long or complicated. In some industries, your sell path will be long or complicated no matter what, but the more you can do to make it easier for your potential customers – the more value you’ll add to the purchase of your product. Look for ways that you can streamline the number of steps needed to buy, and educate sales staff on the process so they can emphasize how easy it is to complete a purchase.
Why it works: Reducing the number of steps attendees need to take reduces work they have to do (and work = cost = lower value of your product) and can take them further in the process faster, so they’re less likely to turn back.
Once you have defined what your sell path is, ensure event staff can clearly outline and explain the next step for attendees.
Why it works: Outlining tangible instructions, gives attendees the chance to walk away from your event knowing exactly what they have to do next. This will increase the likelihood that they will complete the task, than if they are not clear what the next step is.
Like it or not, buyer’s remorse is something people often experience. Help reduce the rate of people second guessing their choice by putting systems in place that reinforce that your attendee is making a great decision.
Why it works: These phrases and follow ups let buyers feel confident in their choice and emphasize the value of your product – minimizing buyer’s remorse.
As mentioned above, a good sell path includes a follow up email. This should be done 24 hours after interaction with an attendee at your event. We understand that the volume of leads collected can vary event-to-event, so you can choose whether you’d like to send an email that’s personally written by a sales associate on your team, or triggered by a marketing automation system. Regardless of the type of email you opt to send, it should include the following elements:
Why it works: Recapping the steps taken makes the email feel personal. Providing positive reinforcement about the product confirms your attendee’s confidence in their decision to buy, and adds information about the product they may have forgotten about.
A clear sell path that is efficient and enjoyable will help add to the value of your product and brand. Empowering event staff to easily walk attendees through the purchase process can have a huge impact on post-event sales, and get you the trade show ROI you’re aiming for by converting more leads to sales. These steps top off your event by finalizing a smooth attendee experience and have them leaving feeling excited to finalize their purchase.
Up Next: Metrics That Matter: Measuring the Success of Your Trade Show ROI
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