Why Event Organizers Are Ditching Vanity Metrics—And Choosing These Metrics Instead

Why Event Organizers Are Ditching Vanity Metrics—And Choosing These Metrics Instead

Measurement & Analytics — Thu., May. 18, 2023

In the last three years, event success has shifted from quantity to quality, with event professionals now focusing on pipeline and measurable business impact over vanity metrics like registration. Attendance is the leading metric being tracked, with 33% of event organisers also monitoring engagement and 27% tracking pipeline. To be successful, events need to be connected to revenue and engagement data must be monitored to measure the value of events.

In-person events are returning with hotels indicating an increase in room reservations later in the pre-event timeline. To motivate registrants to attend virtual events, event professionals are developing tailored registration forms, communications, and content. To demonstrate event impact within an organisation's broader marketing strategy, engagement metrics are being embraced to improve event experiences and accelerate pipeline.

Data-led event strategies are essential to measure success, with marketers focusing on pipeline generation, acceleration, engagement, customer revenue engaged, and customer revenue influenced. By using event data to build a business case for resources, event professionals can demonstrate the value of events and create better experiences for attendees.

Sign up for free to read the full article.
Enter your email address to continue reading

Why Event Organizers Are Ditching Vanity Metrics—And Choosing These Metrics Instead

Don't worry ... it's FREE!

Already a member? Sign in now.

Related Articles

Top 3 Use Cases for Data Clean Rooms

Top 3 Use Cases for Data Clean Rooms

Data privacy standards have complicated the process of obtaining reliable customer data. Are clean rooms here to save the day? Maybe, maybe not... but they can certainly help.

How to Design a Customer Health Score: Seven Focus Areas

How to Design a Customer Health Score: Seven Focus Areas

How do you analyze your company's customer success to find out what areas need improvement? This article offers an effective "recipe" for understanding customer health.

Top 5 Marketing Agency Metrics to Measure

Top 5 Marketing Agency Metrics to Measure

Whether you're looking to track the progress of your agency or you need to be alerted when business performance is going down, the metrics in this article can help you.

Stepping Out of the Dark Funnel: How to Shed Light on What Is Not Registered by Your Pixels (Article 2 of 2)

Stepping Out of the Dark Funnel: How to Shed Light on What Is Not Registered by Your Pixels (Article 2 of 2)

The first part of this article series identified what factors contribute to the dark funnel—a (spooky) place where prospects learn about your company without your knowledge. This second part offers concrete steps you can take to start obtaining data from the dark funnel.

Four Common Content Reporting Challenges and How to Fix Them

Four Common Content Reporting Challenges and How to Fix Them

Making campaign results sound impressive to management is difficult enough in itself; you don't need added hurdles. But if you do run into problems, this article will help you resolve them.

Stepping Out of the Dark Funnel: How to Shed Light on What Is Not Registered by Your Pixels (Article 1 of 2)

Stepping Out of the Dark Funnel: How to Shed Light on What Is Not Registered by Your Pixels (Article 1 of 2)

The marketing funnel is supposed to map out the process of bringing a customer on board. But there's a mysterious no-man's land where those people hang out and share information before they even reach your map. Here's how to take that dark portion of the funnel into account.

Subscribe to the MarketingProfs Today newsletter