Why In-person Events are so Important?

The Value of Human-to-Human (H2H) Experiences in B2B Growth

According to Marketing Charts, 68% of B2B marketers believe that live events generate the most leads. That’s because in-person events provide a one-of-a-kind, genuine chance for businesses to connect with potential clients, foster strong relationships with others in the industry, and ultimately achieve the networking potential for long-term success.
For SaaS companies, events can serve as an exceptionally effective approach for acquiring leads at the top of the sales funnel, expanding their prospecting base, and creating opportunities to build authentic relationships with both customers and partners.
 

Pre-event checklist

📌
How to decide on which event to attend
  • Conduct research on the event and its audience or attendees
  • Define your goals for attending
  • Proactively contact the individuals you wish to connect with
  • Rehearse your elevator pitch
  • Bring along relevant marketing materials
 

Revenue Goals

Our research shows that the Hotjar has not participated in events in India so it will take 2 months to identify and plan the participation in the Industry events.

Assumptions

  • Most of the key industry events happen between June & December every year
  • MQL Conversion Rate - 40%
  • SQL Conversion Rate - 50%
  • Opportunity Conversion Rate - 50%

No of Leads Generated and Revenue Expected

M1
M2
M3
M4
M5
M6
M7
M8
M9
M10
M11
M12
Avg No of MQL Identified over the months thru sponsored industry events and participation
100
88
96
104
112
120
120
120
MQL>SQL
40
44
48
52
56
60
60
60
SQL>Opportunity
20
22
24
26
28
30
30
30
No Of Deals closed
10
11
12
13
14
15
15
15
No of deals closed per Month
M1
M2
M3
M4
M5
M6
M7
M8
M9
M10
M11
M12
Revenue Expected
M1
100.00%
98.00%
96.00%
94.00%
92.00%
90.00%
88.00%
86.00%
84.00%
82.00%
80.00%
M2
0
M3
0
0
M4
0
0
0
M5
8
0
0
0
0
8
$6,667
M6
9
8
0
0
0
0
17
$14,167
M7
9
9
7
0
0
0
0
25
$20,833
M8
10
9
8
7
0
0
0
0
34
$28,333
M9
10
10
8
8
7
0
0
0
0
43
$35,833
M10
11
10
9
8
8
7
0
0
0
0
53
$44,167
M11
11
11
9
9
8
8
7
0
0
0
0
63
$52,500
M12
11
11
10
9
9
8
8
7
0
0
0
0
73
$60,833
$263,333
 

Execution

Events Type and Expense details

Sponsorship Cost

Cost Variables
Cost per Event
Sponsorship cost (Includes Booth+demo)
2,50,000
Collaterals+Giveaways
100,000
Team Travel Cost
50,000
Audience Expected
1000 footfalls
Number of Events
4

Proposed Event List - Partial

Event
Participation/ Focus from
Calendar
Focused Industries
Cost of Participation, assuming 2 team members.
Reference Links
World Marketing Innovation Summit, Bangalore
DynaTrace & Industry leading brands
06 - 07 Jul 2023
Rs. 12K x2= Rs24K
Internet Commerce Summit, Bangalore
ICS will be themed on #DigitalDemocracy, and focus on the core fields of eCommerce, D2C & Omnichannel, FinTech and MarTech.
23rd Aug
ETAILERS FMCG TRAVEL & HOSPITALITY BANKING & BFSI TELECOM & UTILITIES MEDIA & ENTERTAINMENT OMNICHANNEL RETAILERS AUTOMOBILES BEAUTY & WELLNESS GOVERNMENT MANUFACTURING QSR & F&B
Rs 20,000 x 2 = Rs 40,000
Experience Martech Asia, Gurugram
WebEngage, WakeFit, etc and & Industry leading brands
24th August
Auto BFSI FMCG Healthcare Hospitality Manufacturing Retail & Ecommerce Technology (Ed-tech, delivery-tech, travel-tech) Gaming Travel
Rs 50,000 *2 = Rs. 100,000 The cost in included in the Sponsored Event above
E-Commerce Summit 2023m Mumbai
Industry leading brands
20th Sept
Retail, Ecommerce & D2C
Rs 15,000 x 2 = Rs 30,000 + Rs 40K Travel = 70K
2nd Edition India Retail, Ecommerce & D2C Summit, Bangalore
Industry leading brands
27th Sept
Retail, Ecommerce & D2C
Rs 15,000 x 2 = Rs 30,000
UX India, BANGALORE
UXINDIA is built by, built for, and sustained by its growing community of designers, enthusiasts, and influencers from business, education, and governance. UXINDIA is being organized by UMO Design Foundation
28, 29 & 30 SEPT,
DigiMarCon India 2023, Gurgaon
HubSpot, FB, Twitter, Clevertap etc
4-5 Oct, 2023
Rs 20,000 x 2 = Rs 40,000 + Rs 40K Travel = 80K

Giveaways

 

LTV/CAC Ratio

Type
How Many
Total Expense
Remarks
Sponsored Events (Booth/Speaker)
3
₹4,200,000
Hotjar will sponsor events like Experience Martech Asia
Participation (Booth + Attendee)
10
₹2,600,000
Events like Digimarcon, UX Asia etc are smaller events and would be fruitful with Booth to gather attraction. Four such events are considered. In the other 6 events, the individual team members attend and network to bring sales.
Total Cost - INR
₹6,800,000
INR-USD Conv Rate
80
Total Cost - USD
$85,000
Total Revenue Expected
$347,500
LTV = Revenue/Churn
$1,447,917
LTV/CAC Ratio
17
 
 
 
 
 
 
 
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