11
Photonics West 2014 Show Lead Survey Results

Photonics West 2014 Sales Lead Survey Results

Embed Size (px)

DESCRIPTION

Attendees of Photonics West 2014 shared their results regarding lead generation, as well as tactics for preparation and follow-up, in our survey. Use our results to benchmark your own performance. Get more tradeshow tips at www.launchsolutions.com.

Citation preview

Page 1: Photonics West 2014 Sales Lead Survey Results

Photonics West 2014 Show Lead Survey Results

Page 2: Photonics West 2014 Sales Lead Survey Results

Q1: Respondents — Diverse Market Segments

Glass manufacturers

Plastic manufacturers

Engineering services

Imaging systems

Lasers

Capital equipment

Electro-mechanical & Opto-mechanical manufacturer/assemblies

Optical components manufacturer/assemblies

Ceramics

Optical coating

University

Page 3: Photonics West 2014 Sales Lead Survey Results

Q2: Booth / Participation

How did you participate in Photonics West?

33.3%

38.9%

5.6%

16.7%

5.6%10-ft booth

20-ft booth

40-ft booth

Island

Walked the show only

Do larger booths generate more leads?

Compared to 2012 & 2013 survey results, this year’s respondents had larger booths on average.

Page 4: Photonics West 2014 Sales Lead Survey Results

Q3: Total Lead Generation

How many total leads did your company generate this year?

17.6%

5.9%

11.8%

17.6%11.8%

11.8%

23.5%

16-2526-3536-5051-7576-100101-125126-150>150

On average, respondent companies generated 100 leads for the show. Adjusted leads per 10 foot booth area = 50, up from 42 in 2013.

Page 5: Photonics West 2014 Sales Lead Survey Results

Q4: Number Of Qualified (Warm/Hot) Leads

How many qualified leads did your company generate this year?

6.3%

50.0%

12.5%

6.3%

6.3%

18.8%

<10

10-25

26-50

51-75

>125

I don't know

The percentage of qualified leads to

total leads in 2014 was up slightly over

2013: 36% vs. 33%.

Page 6: Photonics West 2014 Sales Lead Survey Results

Q5: Year-to-Year Lead Change

How do this year’s leads compare with 2013?

11.8%

17.6%

29.4%11.8%

11.8%

5.9%

11.8%

More leadsBetter quality leadsBoth more & better leadsFewer leadsWeaker leadsBoth fewer & weaker leadsI don't knowNA--We didn't exhibit last year

Among those who exhibited last year, 2014 respondents experienced moderate improvement in lead generation quantity and quality.

Page 7: Photonics West 2014 Sales Lead Survey Results

Q6: Tradeshow Goals

28%

6%

22%

39%

6%Brand/product awarenessCustomer meetingsLeadsQualified leadsProspect &/or competitive research

Several respondents indicated more than one goal, which is reflected in the chart.

40% of responses were very specific in terms of lead counts, meetings arranged, and product awareness goals. We strongly encourage you to set specific goals and design your pre-, during-, and post-show activities to support them.

What are your goals for this show?

Page 8: Photonics West 2014 Sales Lead Survey Results

Q7: Methods of Tracking Success

What metrics do you use to track tradeshow success?*

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

*multiple responses allowed

Total qualified leads is the most common

success metric, followed by total leads.

Page 9: Photonics West 2014 Sales Lead Survey Results

Q8: Best Performing Shows

What are your best performing shows?*

Photonics W

est

Defense, Secu

rity &

Sensing

Laser M

unich

OptifabLM

E

Vision Stuttgart

CLEO

Optics + Photonics

0.0%10.0%20.0%30.0%40.0%50.0%60.0%70.0%80.0%90.0%

100.0%Most respondents attend or exhibit at more

than one show. Respondents overwhelmingly

consider Photonics West the best show for

lead generation.

*multiple responses allowed

Page 10: Photonics West 2014 Sales Lead Survey Results

Q9 & Q10: Tradeshow Planning & Follow-up

Q9

Q10

Tradeshow planning (multiple responses allowed)

Tradeshow follow-up (multiple responses allowed)

Poor

Needs Work

Good

Excellent

0% 10% 20% 30% 40% 50% 60% 70%

ConsistencyEffectiveness

Poor

Needs Work

Good

Excellent

0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

ConsistencyEffectiveness

Page 11: Photonics West 2014 Sales Lead Survey Results

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

120.0%

Q11: Follow-up Methods

What does follow-up look like in your company?*

Add to database for email newsletter/nurture campaigns

Connect with all leads on LinkedIn/social media

Add to CRM (like Salesforce)

Email Call 1x Call multiple times

Send card/literature

*multiple responses allowed