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May 25, 2011 Stephen Nold, Publisher TSNN Guest: Eric Ly, CEO Presdo Disruptive Technologies

Disruptive techwashingtondc4.25.11

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Page 1: Disruptive techwashingtondc4.25.11

May 25, 2011

Stephen Nold, Publisher TSNN

Guest: Eric Ly, CEO Presdo

Disruptive Technologies

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What is Disruptive Technologies?

• A disruptive technology is an innovation that disrupts an existing market.

• Improves a product or service in ways that the market does not expect

• lowering price or designing for a different set of consumers.

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SXSW

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Examples of Disruptive Technologies

• Telegraph Telephone Cell Phones• iPhone?• Registration– Registration form with check by mail – Fax registration with check or credit card

information – Online registration with credit card

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Event Disruptive Technologies

• Virtual events • Mobile applications• Social media marketing

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virtual event technology

“Virtual events are a critical communication channel for associations.”

Warwick Daviesprincipal The Event Mechanic!

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Show Organizer Goals

1. Recruit attendees2. Grow community3. Enhance

networking4. Increase brand

awareness5. Recruit exhibitors6. Create value for

exhibitors

7. Generate event buzz

8. Drive online commerce

9. Supplement current marketing efforts

10.Conduct research11.Provide online

event connectivity12.Manage

reputation

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Four Important trends

• Questioning the Value of Registration• Power of the Community• Losing control of the Supplier/Buyer

Connection• The shift of the attendee

attention/interactions– Print to online– Inbox to Social media– Mobile Devices

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The Conundrum of Registration Services

Lead Retrieval + Registration Software = Registration Services

Trend: Questioning Registration

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What suppliers seek?

• A Booth

• Introductions

• Qualified Introductions

• Showcase of Products & Service

• Community Access

Trend: Community Power Shift

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Evolution

• Buyer – Supplier Relationships– Selling show floor space– Introductions on the floor– Relationship building at the event– Relationship building pre/onsite/post event– Relationship building onsite AND online

Trend: Losing Relationship Control

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Where’s Attendo?

• Online– Shift of eyeballs versus advertising $• 82% of readers have moved to online

publications• 32% of advertiser spend have shifted

to online

– Inbox to Social media– Direct Marketing to Inbound Marketing– Walking Show Floors to Virtual & Mobile Devices

Trend: Losing Relationship Control

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Power of Social Media

• Ocean of attendees and exhibitors• Another social media panel – going to scream• Not fundamentals but execution

• Trust of Communications• Friend versus Un friending• LinkedIn Insertion

Trend: Attendee Focus

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Mobile

• Mobile application download• Mobile access• iDevices: pod/pad/phone• Mobile Marketing• Text messaging

Trend: Attendee Focus

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Show Business of the Future

Disruptive Technology• Iterative process: always rethink• Measure• Watch– Markets– Competition– Peers

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Take Away

Change is here to stay as a constant requirement for show managers and event planners to reinvent their floors and conferences, incorporating innovation and new ideas.