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If you are currently planning your marketing budget for next year you have probably thought of a lunch and learn and a trade show as ways for lead generation. Either of them have their merits but you have to decide what your purpose for the event is? Do you want a mass or targeted prospect? I have written a previous blog on this matter. Let’s explore:

Trade Show:

  • Spy on Competition – Where else can you send a few people to your competitions location to gather data and they are open to give it?
  • Wide Audience – You can hit a wide group of people in your target market in a short span and gather data quickly for a lead nurturing campaign.
  • Recruiting Distributors and Dealers – There will be prospects as well as people who you can connect with that will be able to resell your products or services
  • Cost Per Prospect – a booth can be anywhere from $1 to $500 depending on the number of people attending and the cost of the booth.
  • Market Research – A great place to survey a large group of people about your current and/or future products and services.

Lunch & Learn:

    • Focus –  You can concentrate on pre-qualified prospects and then focus on those not ready to purchase now and put them in a lead nurturing campaign for further lead scoring and qualification.
    • Targeted Audience – Your pre-qualified prospects can be targeted from previous lead nurture campaigns, specific lists, previous or current customers. You can select who hears your message. It will not be just someone random.
    • Time Spent With Prospect – Once you are at the lunch and learn you have the prospects attention for longer than a few seconds as they pass by your booth. You do not have to worry about a mass appeal and the prospect will be in a more relaxed atmosphere.
    • Learn More About Prospect – Because you are able to spend more time with the prospect and hopefully you have had the prospect go through some pre-qualifiers, you will be able to ask more specific questions geared towards their challenges and solutions.
    • More Qualified Prospect –You will have a more qualified prospect that will allow you to shorten the sales cycle, increase your profitability, and have the ability to increase your value as a trusted advisor.

 

It really boils down to what are your goals of the event? Do you want a mass or targeted prospect? Are you looking to gather data or give a specific message? It is really up to you to decide? Think of this: how long of a sales cycle are you to have for 2012? Can you afford in today’s economic climate to wait for that prospect to reach out to you; or, do you want to take an active approach in your lead generation and lead nurturing going into 2010?  The Decision is yours.

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Now that you have decided to have a lunch and learn, here are several starting tips for having a successful event.

Make sure you have something everyone would like to eat. Let your prospect choose a meal (allow them to change if they want) ahead of time. That way they know that there is something on the menu that they would like to eat.

Use a telemarketing service to make sure you have qualified attendees. You can use your own sales staff and support group to call your current customers and invite them but why not let the experts invite and qualify your prospects.

Use a landing page for registration and data collection. That way there is not any attendee information that can be lost or misplaced and you can pull reports to help calculate the return on investment.

Over book the event. If you want 20 make sure you book 40. Things happen, emergencies, outages, accidents, double bookings, bosses pulling them into unexpected meetings, births, anything can happen. Expect half the attendees that you sign up to show up.

Make sure you have enough room/food for everyone. I cannot stress this enough. I have attended several lunches that were overcrowded, hot, stuffy, and it makes everyone miserable. As well, how embarrassing is it if you run out of food? Is that the impression that you want for your company? I have been there before as an attendee and it was extremely embarrassing for the scrambling host.

Make sure your prospect list is targeted. No matter how you send out your invites, make sure that the people you are inviting would benefit from your services and are not there just for a free lunch. Take a look at your target list and add some qualifiers/ranges. No one wants to waste valuable marketing dollars for attendees that have no interest in your solution.

Make sure your speaker/presenter is an expert. I have attended numerous luncheons, trainings, and presentations where the presenter did not know the answers to 50% of the questions that were being asked. You are the experts presenting the information. They came to the luncheon to hear you speak about the topic. If your expert can not make it, either reschedule or let your attendees know ahead of time.

Make sure your company representatives can answer questions. This might not be the perfect time for your new people to reach out to your prospects. Everyone needs to have their game face on and be as sharp as a tack.

Content is the key, if the topic has been done over and over or if it is outdated people will not want to go. Check around, has there been 10 other lunch and learns on X solution over past three months? If there has been then try solution Y as your topic.

Think outside the box, your prospects are getting bombarded every day with emails, voicemails, fliers, and calls inviting them to events. Set yourself apart try a themed luncheon or try some place that there is an activity to participate in after your presentation.

There are more tips and tidbits to come. This is not an end all solution blog but you should get a great start. Did I miss anything?
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Some of you know that I am a huge hockey fan. I love watching hockey; it does not matter if it is the local kids playing in an afterschool league, Colorado College, or the Dallas Stars. I love watching. I love the ice, the chess match between the coaches, the saves by the goalies, the passing, the power plays, the fighting. It all started when the then Minnesota Stars moved to Dallas in 1993.
Click Here for Winnipeg Jets Tickets!!!
When True North Sports and Entertainment announced that it purchased the Atlanta Thrashers and planned to move the team to Winnipeg I thought, how cool, now the city of Winnipeg gets to experience the same excitement that the DFW Area felt back in 1993.

As a result of the return of the Winnipeg Jets, The Board of Governors meeting in December will discuss the mess of the conferences, divisions, time zones, scheduling, and realignment. Commissioner Bettman has said that there is going to be realignment but how drastic is anyone’s guess. “All those clubs need an opportunity to be heard,” Bettman said. “That’s a process we’ll go through the first half of next season, looking at the issues that clubs want to raise, looking at various possibilities, and trying to figure out what will make the most sense moving forward.” As it stands now, the divisions and conferences will stand for the 2011/2012 season. I thought I would take a stab at realignment for the NHL. Below is what I came up with. It is more regional and the only two difficulties are Nashville in the Southeast, and Western Central Division teams having to travel so much.

Western Pacific: Vancouver, San Jose, Anaheim, Los Angeles, Edmonton
Western Central: Calgary, Dallas, St. Louis, Colorado, Phoenix
Western North: Winnipeg, Detroit, Chicago, Columbus, Minnesota
Eastern Southeast: Tampa Bay, Carolina, Florida, Washington, Nashville
Eastern Northeast: Montréal, Toronto, Ottawa, Buffalo, New York Islanders
Eastern Atlantic: New York Rangers, Boston, Philadelphia, Pittsburg, New Jersey.

What do you think; give me your suggestions?

National Hockey League Tickets

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