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Marketing School - Digital Marketing and Online Marketing Tips

What’s the ROI of a Live Event? | Ep. #973

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.61.4K Ratings

🗓️ 31 March 2019

⏱️ 8 minutes

🧾️ Download transcript

Summary

In episode #973, we discuss what the ROI of a live event is. Tune in to hear what you can expect to get out of throwing a live event. We have committed to throwing a FREE Marketing School Live Event in Los Angeles, once Marketing School reaches 1M downloads in a 30 day period. Take action: Rate, review, subscribe, and SHARE. Check the progress here! TIME-STAMPED SHOW NOTES: [00:27] Today’s Topic: What’s the ROI of a Live Event? [00:45] We’re throwing a live event in June. [00:55] It costs roughly $20-30 a head to do an event the right way. [01:25] Since we’re not charging for the event, we aren’t making money. [01:40] People say if you charge, 40-50% of attendees will not show up. [01:50] People will pay and then no-show. [02:57] Sponsors are how you can make a profit. [03:50] Either ticket sales or sponsors will cover your costs. [04:15] Our goal isn’t to make money. [05:02] Clarion is an events company that goes around buying up conferences. [06:08] That’s it for today! [06:12] We hit our goal of 1 Million downloads! So, we will be throwing a free event in Los Angeles this June. Check out this website if you would like to attend. Remember: we are capping the event at 500 people, so sign up now, if you’re interested! DM Eric if you would like to participate in the VIP dinner. Leave some feedback: What should we talk about next? Please let us know in the comments below. Did you enjoy this episode? If so, please leave a short review. Connect with us: NeilPatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Get ready for your daily dose of marketing strategies and tactics from

0:06.8

entrepreneurs with the guile and experience to help you find success in any

0:11.4

marketing capacity. You're listening to marketing school

0:14.5

with your instructors Neil Patel and Eric Sue.

0:19.4

All right guys before we start we got a special message from our sponsor.

0:27.0

If you want to rank higher on Google, you got to look at your page speed time.

0:31.5

The faster your website loads, the better off you are. With

0:34.4

Google's core vital update, that makes it super, super important to optimize your

0:38.5

site for low time. And one easy way to do it is use the host that Eric and I use dream

0:44.5

host so just go to dream host or Google it find it check it out and it's a great way

0:49.7

to improve your load time. Welcome to another episode of Marketing School.

0:55.0

I'm Eric Sue.

0:56.0

And I'm Neil Patel.

0:57.0

And today we're going to talk about, well,

0:59.0

what's the ROI, the return on investment

1:02.0

of a live event, of throwing a live event.

1:05.0

What do you think that investment? What's the ROI?

1:08.0

Well, let's break down our costs.

1:10.0

Okay, so we're going to throw a live event in June.

1:12.0

Yeah. And you guys can all attend by going to single grain.com slash DTL.

1:17.7

There's a cap on how many people because we can't keep paying for

1:22.1

endless supply of people sadly.

...

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