Event qualification
Event qualification is the pre-commitment practice of deciding whether to attend or sponsor a specific show, based on its expected audience, its cost, and the return it is likely to produce.
You qualify a single known show, usually against a sponsorship deadline. Qualification sits next to event discovery, the separate work of finding new shows to consider.
What evidence does event qualification use?
Today you usually decide on the organizer’s description of who attends. Organizers often send partial pre-show attendee lists, or strip them down to title and company.
“Before you even commit, can you have more insight than what the company is trying to give you, because they’re always gonna hype it up?”
A digital agency founder who buys media for a living, on committing event spend before the show
Your own history adds evidence the organizer can’t supply:
- Results from the same show in earlier years, if you attended.
- Cost per meeting and pipeline from comparable shows, with sourced and influenced kept apart.
- Which target accounts your team scanned at the show before.
- The all-in cost. A typical show costs a team $30K to $250K.
Where does FieldXM fit?
You make the call. FieldXM’s per-event reporting and your team’s cross-event memory build the history you bring to it.
Measure every dollar argues why that history matters before you sign the contract.
Related terms
- Event portfolioAn event portfolio is the full set of events a company commits to in a year, from trade shows to hosted dinners, which the company views together so it can compare results event by event and move budget to what produces.
- Event spendEvent spend is the all-in cost of a company's in-person programs, from sponsorship and booth space to travel, shipping, and staff time, and often among the largest discretionary lines in the marketing budget.
- Cross-event memoryCross-event memory is a company's retained record of its past events, including spend, attendees, conversations, follow-up, and results, which the company holds so that each event informs the next.
- Event ROIEvent ROI is the return an event generated relative to its full cost, which teams usually express as pipeline or closed-won revenue per dollar spent on the show.
- Attendee listAn attendee list is the set of people a team expects at an event, from the organizer, the team's own past scans, or its CRM, and the raw input every pre-show account plan starts from.
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