Within the business-to-business (B2B) realm, large enterprise corporate events are often a major component of the marketing organization's operating budget. These events are frequently held at resort hotels or conference centers in popular destinations, such as Las Vegas. They're very expensive to produce. What are the typical event goals? How does this investment deliver results? In many cases, these events are funded as 'sales progression' activities. Meaning, the company invites key contacts from their existing customers that they know are already likely to purchase products and services. In reality, there's very little 'selling' that takes place. More often than not, the event execution actually revolves around scheduled hospitality (meals, cocktails, and entertainment) rather than a definitive business objective. Keynote sessions set the tone for the remainder of the event. Education and certification opportunities are sometimes offered to attende...
TMT Market Research and Analysis