TechValidate Research on Frost & Sullivan Customer Contact East Events

34 Charts – Page 1 of 2


Frost & Sullivan Executive MindXchange Customer Research

Sponsors of Customer Contact East were asked… “What are the problems that plague today’s “traditional” trade show and/or conference?”

Lack of true decision makers in attendance
77%
Networking is limited & activities are dull, resulting in lack of touch points with participants
54%
Transient audience drives few relationships
51%
More a PR opportunity vs demand generation vehicle
46%
Content and presentations are inconsistent and a one-way push from the podium
37%
Lack of ROI
26%
Poor communication & customer service by organizers
23%
Too much competition
20%

Frost & Sullivan Executive MindXchange Customer Research

Participants of Customer Contact East were asked… “What are the problems that plague today’s “traditional” trade show and/or conference?”

Aggressive sales tactics by sponsoring & exhibiting companies
57%
Presentations produce too few action items and takeaways - too theoretical
51%
Content is a one-way push from the podium with little interaction or Q&A
36%
Bait & Switch: Content does not stay on point and speakers are not qualified to present on topic
32%
Networking is limited & activities are dull and relationships are difficult to develop due to transient audience
28%
Audience is too junior
21%
Lack of community amongst event participants
21%
Poor communication & customer service by organizers
6%

Frost & Sullivan Executive MindXchange Customer Research

If you could go to only one external event a year, would you choose to attend the Frost & Sullivan Executive MindXchange?

Yes: 93%
No: 7%

Frost & Sullivan Executive MindXchange Customer Research

Trade Shows Are NOT Generating Returns

What are the problems that plague today’s “traditional” trade show and/or conference?

Transient audience drives few relationships
61%
Content and presentations are inconsistent and a one-way push from the podium
42%
Networking is limited & activities are dull, resulting in lack of touch points with participants
58%
Poor communication & customer service by organizers
22%
Lack of true decision makers in attendance
68%
More a PR opportunity vs demand generation vehicle
41%
Too much competition
28%
Lack of ROI
45%

Frost & Sullivan Executive MindXchange Customer Research

A One-Of-A-Kind Experience & Return

The unique interactive structure of a Frost & Sullivan Executive MindXchange leads to:

Increased networking & relationship building
74%
Access to best practices
71%
A forum which allows me to get real solutions for my business challenges
64%
More value overall
43%
Other
2%

Frost & Sullivan Executive MindXchange Customer Research

A One-Of-A-Kind Sponsorship Investment

What makes the Frost & Sullivan Executive MindXchange so unique and valuable in comparison to other events your company sponsors?

Positioning of vendors as peers
64%
The ratio of decision makers in attendance
52%
An environment that fosters relationship building
94%
Nonstop networking
70%
Access & Time to Meet with True Decision Makers
67%

Frost & Sullivan Executive MindXchange Customer Research

Trade Shows Are Yesterday

What are the problems that plague today’s “traditional” trade show and/or conference?

Bait & Switch: Content does not stay on point and speakers are not qualified to present on topic
27%
Content is a one-way push from the podium with little interaction or Q&A
38%
Presentations produce too few action items and takeaways - too theoretical
51%
Networking is limited & activities are dull and relationships are difficult to develop due to transient audience
35%
Aggressive sales tactics by sponsoring & exhibiting companies
64%
Lack of community amongst event participants
22%
Poor communication & customer service by organizers
4%
Audience is too junior
15%

Timely and Relevant Content!

How would you rate the value of the content you received at the Frost & Sullivan Executive MindXchange?

Very timely and relevant: 33%
Timely and relevant: 62%
Not timely and relevant: 5%

Build long-lasting, mutually beneficial relationships!

How many real business and personal relationships were you able to generate at the Frost & Sullivan Executive MindXchange?

20: 0%
15: 6%
10: 19%
5: 62%
0: 6%
Other: 8%

It’s only relevant if it’s important to you!

When deciding on an event, what are the three most important factors in your decision?

The speakers
56%
The content
94%
The location
28%
The audience
26%
The organizer
8%
The vendors/sponsors
14%
The reputation of the event
56%
The fun factor (networking activities)
14%

What’s important to you?

When deciding on an event, do you agree it’s best to focus on excelling in the top 3 areas? Content, Reputation, Speakers!

The speakers
55%
The content
97%
The location
32%
The property
0%
The audience
24%
The organizer
5%
The vendors/sponsors
8%
The reputation of the event
58%
The fun factor (networking activities)
13%

Over 90% of Executives say sending a team to Customer Contact is the right decision!

Based on the multiple interactive tracks at the Frost & Sullivan Executive MindXchange, I would recommend companies send ____ team member(s).

5: 0%
4: 7%
3: 30%
2: 57%
1: 7%

What do over 90% of the Executives who attend a Frost & Sullivan MindXchange think?

92% of all executives surveyed would recommend a colleague to attend.

Very strongly recommend: 27%
Strongly recommend: 30%
Recommend: 35%
Do not recommend: 8%

Interaction Drives Best Practices & Superior Networking

The unique interactive structure of a Frost & Sullivan Executive MindXchange leads to:

Access to best practices
72%
Increased networking & relationship building
83%
A forum which allows me to get real solutions to my business challenges
44%
More value overall
45%

Interaction Drives Best Practices & Superior Networking

The unique interactive structure of a Frost & Sullivan Executive MindXchange leads to:

Access to best practices
72%
Increased networking & relationship building
83%
A forum which allows me to get real solutions to my business challenges
44%
More value overall
45%

Networking! Networking! Networking! See the value at Frost & Sullivan’s MindXchanges!

How would you rate the networking at the Frost & Sullivan Executive MindXchange?

The best I've seen: 15%
Excellent: 33%
Great: 24%
Good: 18%
Equal or on par other events: 6%
Worse than other events: 3%

Why the Trade Show Approach Doesn’t Work

Why does the typical trade show approach not work with Executives?

Bait & Switch: Content does not stay on point and speakers are not qualified to present on topic
31%
Content is a one-way push from the podium with little interaction or Q&A
25%
Presentations produce too few action items and takeaways - too theoretical
64%
Networking is limited & activities are dull and relationships are difficult to develop due to transient audience
27%
Aggressive sales tactics by sponsoring & exhibiting companies
52%
Lack of community amongst event participants
27%
Poor communication & customer service by organizers
16%
Audience is too junior
27%

The Executive MindXchange: One of A Kind

What makes a Frost & Sullivan Executive MindXchange so unique and valuable?

5 - most 4 3 2 1- least

Positioning of vendors as peer
Ratio of decision makers
Fosters relationship building
Nonstop networking

Why the Executive MindXchange was Created: Our Participants Point Of View

What’s are the problems that plague today’s “traditional” trade show and/or conference?

Bait & Switch: Content does not stay on point and speakers are not qualified to present on topic
31%
Content is a one-way push from the podium with little interaction or Q&A
25%
Presentations produce too few action items and takeaways - too theoretical
64%
Networking is limited & activities are dull and relationships are difficult to develop due to transient audience
27%
Aggressive sales tactics by sponsoring & exhibiting companies
52%
Lack of community amongst event participants
27%
Poor communication & customer service by organizers
16%
Audience is too junior
27%

Why Sponsorship is So Valuable

What are the reasons why sponsorship of live events is so valuable?

Face-to-face interaction with prospects & customers
90%
Hearing firsthand challenges from customers and prospects
76%
Benchmarking my competitors
34%
Keeping up to date with the latest trends and technology
48%

What Generates the Greatest Marketing ROI?

Traditionally which of the following marketing tactics generates your greatest returns?

Webinars
48%
White papers
22%
Event sponsorship
56%
Email marketing
33%
Social media
11%

Trade Shows Are Yesterday

What are the problems that plague today’s “traditional” trade show and/or conference?

Transient audience drives few relationships
55%
Content and presentations are inconsistent and a one-way push from the podium
41%
Networking is limited & activities are dull, resulting in lack of touch points with participants
45%
Poor communication & customer service by organizers
10%
Lack of true decision makers in attendance
79%
More a PR opportunity vs demand generation vehicle
21%
Too much competition
48%
Lack of ROI
28%
Other
14%

Frost & Sullivan Executive MindXchange

If you could go to only one external event a year, would you choose to attend the Frost & Sullivan Executive MindXchange?

Yes: 69%
No: 31%

Don’t Miss Out: 92% of Attendees Would Recommend This Event

Would you recommend this event to your peers?

Very strongly recommend: 27%
Strongly recommend: 29%
Recommend: 36%
Do not recommend: 8%

The Event to Attend In The Industry and Network With The Best In Class

How many real business and personal relationships were you able to generate at the Frost & Sullivan Executive MindXchange?

Over 20: 5%
10-20: 25%
5-10: 42%
Under 5: 27%

Traditional trade shows problems

What are the problems that plague today’s “traditional” trade show and/or conference?

Bait & Switch: Content does not stay on point and speakers are not qualified to present on topic
34%
Content is a one-way push from the podium with little interaction or Q&A
25%
Presentations produce too few action items and takeaways - too theoretical
63%
Networking is limited & activities are dull and relationships are difficult to develop due to transient audience
25%
Aggressive sales tactics by sponsoring & exhibiting companies
50%
Lack of community amongst event participants
27%
Poor communication & customer service by organizers
16%
Audience is too junior
27%

Are You Doubtful of Today’s Conference Approach?

What are the problems that plague today’s “traditional” trade show and/or conference?

Bait & Switch: Content does not stay on point and speakers are not qualified to present on topic
34%
Content is a one-way push from the podium with little interaction or Q&A
25%
Presentations produce too few action items and takeaways - too theoretical
63%
Networking is limited & activities are dull and relationships are difficult to develop due to transient audience
25%
Aggressive sales tactics by sponsoring & exhibiting companies
50%
Lack of community amongst event participants
27%
Poor communication & customer service by organizers
16%
Audience is too junior
27%
Other
13%

Frost & Sullivan Event Interaction

What are the problems that plague today’s “traditional” trade show and/or conference?

Bait & Switch: Content does not stay on point and speakers are not qualified to present on topic
34%
Content is a one-way push from the podium with little interaction or Q&A
25%
Presentations produce too few action items and takeaways - too theoretical
63%
Networking is limited & activities are dull and relationships are difficult to develop due to transient audience
25%
Aggressive sales tactics by sponsoring & exhibiting companies
50%
Lack of community amongst event participants
27%
Poor communication & customer service by organizers
16%
Audience is too junior
27%
Other
13%

No More Trade Shows

What are the problems that plague today’s “traditional” trade show and/or conference?

Bait & Switch: Content does not stay on point and speakers are not qualified to present on topic
34%
Content is a one-way push from the podium with little interaction or Q&A
25%
Presentations produce too few action items and takeaways - too theoretical
63%
Networking is limited & activities are dull and relationships are difficult to develop due to transient audience
25%
Aggressive sales tactics by sponsoring & exhibiting companies
50%
Lack of community amongst event participants
27%
Poor communication & customer service by organizers
16%
Audience is too junior
27%
Other
13%

Traditional Trade Show Problems

What are the problems that plague today’s “traditional” trade show and/or conference?

Bait & Switch: Content does not stay on point and speakers are not qualified to present on topic
33%
Content is a one-way push from the podium with little interaction or Q&A
27%
Presentations produce too few action items and takeaways - too theoretical
62%
Networking is limited & activities are dull and relationships are difficult to develop due to transient audience
25%
Aggressive sales tactics by sponsoring & exhibiting companies
48%
Lack of community amongst event participants
29%
Poor communication & customer service by organizers
13%
Audience is too junior
23%
Other
13%



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