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.

... continue reading below
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

The Hidden Saboteur: How Dirty Data Undermines Your B2B Marketing (And What to Do About It)

The Hidden Saboteur: How Dirty Data Undermines Your B2B Marketing (And What to Do About It)

Dirty data costs B2B marketers budget, leads, and accuracy. Learn how to identify, clean, and prevent it from disrupting success. Read more.

Considerations for Measuring Your B2B Influencer Marketing Effectiveness and ROI

Considerations for Measuring Your B2B Influencer Marketing Effectiveness and ROI

Understand how to assess the ROI and effectiveness of your B2B influencer marketing campaigns. Learn more.

Why Now Is the Time to Improve How Marketers Use Data for Personalization

Why Now Is the Time to Improve How Marketers Use Data for Personalization

You vastly improve your marketing results when you understand the importance of customer insights and use data for personalization. Learn more.

Where to Look for the Right KPIs for SaaS Marketing in Uncertain Economic Times

Where to Look for the Right KPIs for SaaS Marketing in Uncertain Economic Times

Learn which KPIs are crucial for SaaS marketing success during uncertain economic times. Identify and improve key metrics. Read more.

Telling a Story With Data: Four Essential KPIs to Share With Boards

Telling a Story With Data: Four Essential KPIs to Share With Boards

Learn how to present these four essential KPIs to your board, ensuring your data tells a compelling story. Find out now.

Why the New Cookieless Marketing Landscape Makes Closed-Loop Measurement So Important

Why the New Cookieless Marketing Landscape Makes Closed-Loop Measurement So Important

As third-party cookies crumble, how do marketers measure success? Explore how closed-loop measurement adapts to a cookieless future. Understand its impact on marketing measurement and discover its benefits. Read more.

Subscribe to the MarketingProfs Today newsletter