Latest / Sales Pipeline Radio / Harness Event Energy: Driving Growth Through Live Connections
Transcript
- 0:15Alright.
- 0:15Welcome back to Cvent CONNECT.
- 0:18We are on the third floor outside the Innovation Pavilion.
- 0:20This is our last recording of the day.
- 0:21It's been a long couple days,
- 0:23Thank God.
- 0:24They're already serving alcohol downstairs, as part of the
- 0:26session we got James Van Der Beek coming on stage at some point.
- 0:29Okay.
- 0:29So we done wrap it up.
- 0:30So yeah.
- 0:30Can we wrap this up because we gotta go.
- 0:32Something about my life.
- 0:34Alright, so we're gonna talk today.
- 0:35We're gonna talk about, event led growth.
- 0:37This was something we talked about on stage Kate earlier today.
- 0:40So we have here Kate Hammitt, VP of Marketing at Cvent, and Alyssa
- 0:43Peltier, the Director of Marketing Strategy Insights at Cvent Consulting.
- 0:47My very important first question, I think I'm gonna start with Alyssa.
- 0:50Oh gosh.
- 0:51What is it like, What, what is it like?
- 0:54At Lane Stadium when the first couple bars of Enter Sandman start, and
- 0:58everyone is jumping up and down, like do you get chills every single time?
- 1:01Yeah.
- 1:01That is, that is an experience for sure.
- 1:03I highly recommend it.
- 1:04And honestly, I was there when Metallica actually played live.
- 1:08You were there?
- 1:09Oh...
- 1:09Not recently.
- 1:10It was in 20-, 2011
- 1:13When they, when they did the entrance live.
- 1:14Wow.
- 1:14When they did, oh yeah.
- 1:15They were there, they performed live.
- 1:18It is really cool.
- 1:19So, yeah, I mean, your heart's racing, you're jumping in the
- 1:21stands, they're all metal.
- 1:22So it's like,
- 1:24alright, so, so
- 1:25highly recommend it.
- 1:25So for context, Alyssa is a Virginia Tech alum.
- 1:28I am.
- 1:28So, college football , when they enter, they play Enter Sandman and they play
- 1:32that intro, and, as soon as they hit the drop, the entire team explodes out
- 1:37of the, oh, I'm getting chills right now.
- 1:38I almost need to tell you that I married a Hoo.
- 1:41So I married a man who went to UVA, not only went to UVA,
- 1:45but is in Charlottesville, but also I'm sitting next to...
- 1:48I was just gonna say, let's, let's embrace the Cavaliers here.
- 1:52Maybe not for football, but for all the Olympic and sport...
- 1:57All the sports that people don't care about.
- 1:58That's fantastic.
- 1:59We're really, really good at is that my husband tries to claim that Enter
- 2:03Sandman is every team's football song.
- 2:05And I was like, no, sir. If you look it up on the Googles and AI, 'cause
- 2:09that's all we've been talking about now.
- 2:11They're gonna tell you it's Virginia Tech's entrance.
- 2:13Yeah.
- 2:13Not true.
- 2:13So, so Metallica played a full on concert like just a couple
- 2:16months ago at Lane Stadium.
- 2:18And all you can see on YouTube now is they played it at the end, right?
- 2:21And they, as they start that, I mean, it was a seismic activity.
- 2:24At Lane Stadium when the entire stadium jumping up and down
- 2:27for, I'm still getting chills.
- 2:28It's just amazing.
- 2:29All right, so
- 2:30we'll
- 2:30give that,
- 2:31yeah, well catch up.
- 2:32Yeah.
- 2:32Yeah.
- 2:32So, uh, alright, having fun here on our last episode of this podcast.
- 2:38I guess we should talk a little bit about work.
- 2:39We'll get back to you.
- 2:40College football.
- 2:40I, well
- 2:41They're related.
- 2:42I see the threads already coming together.
- 2:45We've talked so much this week about building amazing experiences.
- 2:49Yeah.
- 2:49And a lot of who I've been talking to, you know, they don't, they're
- 2:51not just event planners anymore.
- 2:53They are experience builders.
- 2:54They're community connectors.
- 2:56I don't know.
- 2:56I can use all the words.
- 2:57I'm probably like gonna fall short on them, but, you know, they're,
- 2:59this is a creative industry.
- 3:01Whether you identify as a planner, whether you identify as a marketer.
- 3:05Ultimately the outcome is an amazing experience.
- 3:07And so I think like at some point in time somebody was
- 3:10like, Metallica, Enter Sandman.
- 3:12We're playing at the entrance.
- 3:14And the opening, I don't know what year that was 'cause I wasn't there for it.
- 3:17But that's an amazing experience.
- 3:19And like you can feel it like, oh, the hairs are sticking up.
- 3:22That's what the people do here at Cvent CONNECT.
- 3:25Or have the power to do, some do it better than others, but like, I think
- 3:28that's ultimately what this is about.
- 3:30Well, everyone here's been talking about that, right?
- 3:31And I think like, you know, you're saying like, Hey, let's
- 3:33talk about the Hoo's as well.
- 3:34And, and there's something about where you went to school, right?
- 3:37And let's stay with football for a second.
- 3:38Like, if you're a fan of a professional team, like that's fine.
- 3:41Maybe you grew up in that town, it's something that's part of you,
- 3:44but you are part of that school.
- 3:46You attended that school, so there's an identity there.
- 3:49That is a deeper thing.
- 3:51And I think that that can exist at a conference.
- 3:53Like if you can find an event, whether it's a big conference like this or a
- 3:56smaller event, when you look at how many hugs versus handshakes happen in the room.
- 4:00It's sort of a sign of what kind of community you are building.
- 4:03Yeah, I love this.
- 4:06I love it.
- 4:06It's so true.
- 4:07I mean that's what we're feeling right now.
- 4:09Like you can tack on.
- 4:10Yeah, I mean I think it always made me laugh when people would
- 4:13talk about like the dawn of hybrid events and when you think about like
- 4:17sporting events, I'm like, we've been doing this for a very long time.
- 4:21Spoiler, remember when you grew up watching the Olympics and there were
- 4:24people there and there were people watching on tv... hybrid event.
- 4:27We've been doing this for a while.
- 4:28But, yeah, I think that like culture bill, I mean that's the essence of the art.
- 4:32I think where we're trying to go from an event perspective
- 4:36is getting more of the science.
- 4:37And marrying those two.
- 4:38And that is, you know, really where the magic happens.
- 4:42Well, I mean, we're kind of talking about event led growth without having
- 4:45to talk about event led growth, right?
- 4:46I think, you know, at this event last couple days, you've
- 4:49got an event technology company marketing to event planners.
- 4:52About marketing.
- 4:53So there's a few levels of meta there.
- 4:55Like that's hard for a lot of reasons, in part because the people coming
- 4:58here, they've been to a few events.
- 5:00They're probably very critical about events.
- 5:01They're noticing the details of an event more than sort of an average
- 5:04event attendee would be including the event experience, which is a
- 5:09large part of what Cvent sells.
- 5:11Does that feel like, is that intimidating?
- 5:14Does that feel like a high bar, or does that feel like we're just gonna let
- 5:16our flag fly and do what we do well.
- 5:20What do you think?
- 5:21I will say, and this is coming from having formally sat on
- 5:24the meetings and events team.
- 5:25It is an incredibly high bar for this group.
- 5:27And I think our head of events, who also happens to be host on
- 5:31our Great Events podcast by Cvent, holds yourself to that standard.
- 5:36It's like, I can't disappoint this group.
- 5:37We have to make sure that we're building an incredible experience and that we're
- 5:41one-upping ourselves every single year.
- 5:43That's easier said than done.
- 5:45It's not that easy to be innovative every single year and there are budget
- 5:48constraints and there are, you know, it's, it's not that easy, but I do
- 5:52think that Cvent, it does continue to innovate in its event experiences, but
- 5:55yeah, there's still room for growth.
- 5:58I think every time you're looking at like, what's the next best thing?
- 6:01And having gone to CONNECTs early in our history at Cvent, and
- 6:06then, you know, being a part of Splash and coming back to Cvent.
- 6:09So this is my first CONNECT in some time, and seeing, you know, how
- 6:13everything has evolved along with what, you know, the industry needs, like,
- 6:17it's also been about, more networking or different types of experiences
- 6:22and how that's evolved over time.
- 6:24So even if something's working in 2025, you're not gonna see it in 2027.
- 6:29And I'll just like double down on that because, audience
- 6:32centricity is everything.
- 6:33I know, like in the corporate space, we always talk about customer
- 6:35centricity, but in an event space, your audience is the customer.
- 6:38The customer is the audience.
- 6:40Being ruthless and scrutinizing every detail for that audience.
- 6:45I think that's why planners get a bad rap because they're
- 6:47like, we're feedback obsessed.
- 6:49But it's because it's insights.
- 6:50Because that's really understanding your audience.
- 6:52That's a focus group for you for every single year.
- 6:54And so treating your event as that kind of test pool year over year, over
- 6:59year, and starts to get that scientific mindset in it, like you're talking about.
- 7:03Well, you have to keep raising the bar 'cause the bar keeps
- 7:05getting raised in general.
- 7:06Like you said, like, Hey, we've been doing hybrid events forever.
- 7:08Yeah.
- 7:08It's 1984.
- 7:09I'm watching the Olympics on TV from Los Angeles and they
- 7:12happen to also be happening live.
- 7:13But that's it, right?
- 7:15There's no recordings.
- 7:16And you watch it or you miss it.
- 7:17Now all of a sudden there's interaction, there's social, right?
- 7:20There's engagement among community members.
- 7:22You've got the opportunity to say, you like judo.
- 7:24They like judo.
- 7:25Yeah.
- 7:25Let's have a judo conversation happen that the snowboarding
- 7:27people may not care about.
- 7:29Right?
- 7:29And so the segmentation and the engagement opportunity has gotten far more complex.
- 7:34But I would argue far richer like the opportunity and the advantage
- 7:37you have, if you can lean into that opportunity as a brand, facilitating
- 7:41and organizing and producing and enabling that experience is powerful.
- 7:45Well, and think about, is there any other channel where you can do that
- 7:48in marketing that you have that like true intense moment together?
- 7:53I don't know.
- 7:54Is there.
- 7:55Not really.
- 7:56I mean, no one says like, oh my gosh, this is my eighth year reading, like
- 7:59your report, you know, but here...
- 8:01I got that white paper.
- 8:03I do, like, one annual report.
- 8:04Okay.
- 8:04There might be some random outlier who's like, I am so obsessed with this report.
- 8:08I've read it every year for 10 years.
- 8:09But like you see the pride of our attendees here being like,
- 8:13this is my eighth CONNECT.
- 8:15Or this is my first CONNECT and let's celebrate you and let's
- 8:17find a place for all those things.
- 8:19But you know, no one remembers the digital piece.
- 8:22Well, and we talk about that in the context of event led growth, right?
- 8:25How like these are moments that can kind of compress the sales cycle.
- 8:28They can kind of compress and accelerate the customer experience and
- 8:32the customer journey, whatever stage that they're progressing to, right?
- 8:35Maybe from, Hey, I was just a customer to, now I'm like a raving fan.
- 8:39I'm obsessed with this brand.
- 8:41I need to do more with them.
- 8:42Whatever it is, the events have that velocity associated with
- 8:46them that I don't think any other tactic or channel in our mix has.
- 8:49We got our last episode here at Cvent CONNECT with close teammates and bitter
- 8:53rivals, Alyssa Peltier and Kate Hammitt.
- 8:56One is a Hoo, the other is a, I'm still trying to figure
- 8:58out what is a Hokie exactly.
- 9:00No idea.
- 9:00No idea.
- 9:01I do know there's like a little, that's gonna be a sound bite that everyone's,
- 9:04So it's a cartoon turkey, ladies and gentleman.
- 9:07A cartoon turkey.
- 9:09I don't even know.
- 9:10You ask anybody who went to Virginia Tech say, what is a Hokie, that doesn't matter.
- 9:13Wrong question.
- 9:14Yeah, let's move on.
- 9:15It doesn't matter.
- 9:15There's like a turkey foot that comes to mind.
- 9:17There's a Turkey foot involved.
- 9:19Even so, I'm gonna follow this analogy again for a minute too, because like,
- 9:22so I grew up in California, I moved to Washington to go to University of
- 9:24Washington, and I assumed that Washington State was gonna be our bitter rival.
- 9:28And in some ways, yeah, it is.
- 9:29But there's still a community element.
- 9:31There's a lot of people in Seattle that went to Washington
- 9:33or went to Washington State.
- 9:35There's still a community element.
- 9:37We grew up here, we went to schools here.
- 9:40And so even when you're bitter rivals, there's still an
- 9:42opportunity to have community.
- 9:44So I think about people, I get 10,000 people at this conference.
- 9:47There's a lot of competitors here, people that compete with each other,
- 9:49but even amongst competitors, an opportunity to share and learn
- 9:52from each other and get better.
- 9:54It's connection at the end of it, right?
- 9:55What's the common denominator.
- 9:56Competition can be that denominator in that scenario.
- 9:59So I think that that not only builds community, but it builds the connection
- 10:02amongst frenemies, if you will.
- 10:05We're not frenemies.
- 10:09If you're listening to this, they're not hugging at all.
- 10:11They're sharpening knives.
- 10:13This will get interesting later.
- 10:16The two eyes.
- 10:18Shank the Hokie.
- 10:19Okay.
- 10:19We'll play that.
- 10:20That sounded wrong.
- 10:21We're gonna keep going.
- 10:22I wanna talk about, so whenever you do an event like this,
- 10:25like this is a big production.
- 10:26It takes a long time to pull together.
- 10:27It's very expensive.
- 10:28And I don't know if in your organization, but like in a lot of companies we work
- 10:31with, they complain and complain and complain about how much time and effort
- 10:34and distraction is up until you have it.
- 10:35And then you get there and you're like, this was amazing.
- 10:38We need to do this like every other week or something.
- 10:40Welcome to my inner monologue...
- 10:4110 days.
- 10:42Why?
- 10:43Why are we doing this?
- 10:44Yeah.
- 10:44Facetiously, I love events so much.
- 10:47And then...
- 10:48But then you get here, and this happens.
- 10:50And one of the worst things you can do is leave here and start
- 10:52planning for the next event, right?
- 10:54And not capitalize on all the goodwill you created here.
- 10:57Goats, kittens, James Van Der Beek, all of it matters, right?
- 11:00And so when you think about this as not a growth by events, but event led growth.
- 11:05Where event is the catalyst event is the center point.
- 11:09What are the things that, for people listening to this that are doing
- 11:11their own events, big or small, like how do you continue that momentum,
- 11:15that human experience, and that spark when we're not here anymore?
- 11:18Yeah.
- 11:19And I think it's, I mean, just from the content piece like that must live on.
- 11:24And we have so many distribution channels now.
- 11:27That, you know, the human connection, I think can live on
- 11:32in certain ways by keeping up your event programs, and giving those
- 11:35opportunities for handshakes and hugs.
- 11:38But I think the fatal mistake of events, at least that I've been a part of like
- 11:44over the years, is not squeezing the juice from those interactions and doing those
- 11:49follow ups and being really thoughtful about what you learned at the event.
- 11:53About your attendees and putting that into action and following up with content
- 11:58that, you know, reiterates that value.
- 12:00And I like to start with the end game in mind.
- 12:04Like, why did you build that event in the first place?
- 12:06And how is it connected to a broader strategy?
- 12:10So it isn't a, okay, now how do I make all of this content work?
- 12:13It's already assumed.
- 12:14I built this event because it's been plugged into something behind me, right?
- 12:19Right.
- 12:19It's like part of this journey, these nurtures, this campaigns experiences.
- 12:23However it is manifesting, but that omnichannel marketing
- 12:26is really important in this.
- 12:27And I think events are part of that.
- 12:30They aren't just a moment.
- 12:32Capture.
- 12:33Produce.
- 12:33Push.
- 12:34We are pushing because they were aligned to something before
- 12:37the event even took place.
- 12:39And I wanna mention something, you know?
- 12:40Toot your horn, actually.
- 12:41'Cause I felt like this was really powerful moment.
- 12:45On Monday we had marketing leaders around the table.
- 12:48There were about 12 of us.
- 12:49And talking about, what our kind of hopes and dreams were for incorporating AI
- 12:54and how we're gonna handle the future.
- 12:57And we all sort of made a pact around the table, like, okay, we're
- 13:00doing this next year, so you know, a year from now we're gonna be where.
- 13:04And Alyssa had everybody kind of go around and share that around the table.
- 13:07And we had created such a community within, you know, the exercises and
- 13:12the conversation that we are all like gonna hold each other accountable.
- 13:16So it's like, okay, what are you gonna say for a year from now?
- 13:18All right.
- 13:18And then we're gonna check in.
- 13:20And that was a really cool moment for me it was very authentic.
- 13:24And it was certainly teed up by, you know, your event design.
- 13:29But that I think is really like when the magic happens
- 13:32in events and you can do that.
- 13:33It doesn't, you know, have to be just a small bespoke group,
- 13:37but you can give that magic.
- 13:39And kind of like next year, we're gonna circle up and see where we're at.
- 13:42Yeah.
- 13:42You can connect the dots for the group already, right.
- 13:45It's like whether that's a content piece that you're following up with or a next
- 13:48event, the next touch point, how you continue the relationship that you formed.
- 13:52Yeah.
- 13:52And just slide that registration form.
- 13:54Yeah.
- 13:55And into the inbox.
- 13:56Another contract.
- 13:58We'll give you a ride to the airport if you sign this right now.
- 14:01So if part of having that great event experiences is feeling
- 14:04part of something, right.
- 14:05Feeling like you're coming here and I'm not alone.
- 14:07I may have to do this myself at my company, but there's 10,000 other people
- 14:10here that face these same challenges.
- 14:12Feeling like you're part of something bigger.
- 14:14If that's a big piece of these being successful when I take
- 14:17this outside of the event.
- 14:18There's other channels and formats that I can use to continue that bond.
- 14:22Right.
- 14:22I think about even like, you know, CMO Coffee Talk, right?
- 14:24The CMO group that you're a part of, Kate, that we've done physical in person
- 14:27meetups, but I think a key part of that is not just people that are CMOs,
- 14:32but it's the person in the CMO role.
- 14:34It's the person behind it and the challenges they face, and as we all
- 14:37move on in our career journey and life journeys, to be able to talk about how
- 14:40we do this well at work, but also talk about and care about each other as people.
- 14:44That is a uniquely human element.
- 14:47Right.
- 14:47That I think is very hard to do purely in a Zoom call.
- 14:50Very hard to do purely in a Slack channel.
- 14:52And being able to get together and prioritize in-person events, but think
- 14:56about the multi-channel multisensory nature of enabling that for people.
- 15:00That means integration of channels.
- 15:02It means integration of teams across an organization.
- 15:05A lot easier said than done, but incredibly powerful.
- 15:07And I think we're talking about, yeah, why events work, right?
- 15:10We're talking about authenticity and vulnerability, which are things that
- 15:13are increasingly becoming scarce, in the current climate, right?
- 15:16Like I've probably spent three days just gabbing about AI, which I was like, eh,
- 15:22kind of like luke warm on on Sunday at 9:00 PM, and by 9:00 AM this morning
- 15:28I talked to my husband for an hour and a half and I was like, AI, everything.
- 15:33Like all things everywhere.
- 15:35I felt the burst of energy this week and feel very ignited in my
- 15:39career, in my learning and develop in my own learning and development.
- 15:42You don't do that usually when you're staffing an event, right?
- 15:45I felt the exchange of information.
- 15:48If you were doing this remote and for those that you know, maybe
- 15:50listen to this, maybe, you were the event or maybe you were watching
- 15:53online, totally different experience.
- 15:54If you're watching us on Zoom, you're not getting it the way you are in the room.
- 15:58If you're in the room, like you may be on your laptop, but you don't
- 16:00have the same, like if you're sitting in your office or home office,
- 16:03everything else is distraction.
- 16:04You can't tell me you're not multitasking.
- 16:06So you're not getting that, whatever it is.
- 16:08It's just not the same.
- 16:10No, I feel like, you have to be in the seat and, feel the feelings
- 16:13and be in the cold conference room.
- 16:15Yeah.
- 16:15And, I think that, as we continue to get more saturated with digital channels
- 16:18and digital noise, as more companies say we could do it faster, easier.
- 16:21And just do it all digitally.
- 16:23There'll be plenty of companies that forego that experience.
- 16:25And as I told someone else in that seat earlier today, like I really hope my
- 16:28competitors lean in on that strategy.
- 16:30Because I don't think it's gonna work as well, I think they're gonna miss an
- 16:33opportunity to create a real connection.
- 16:35Between them and the customer, between them and their prospects and
- 16:37customers amongst each other that give their brand the credit for that.
- 16:40We talked about that yesterday in our open forum discussion we talked
- 16:43about in the executive marketer exchange about, you know, a perfect
- 16:46example of that is LinkedIn right now.
- 16:48We're just being bombarded with what is very, very easily fake messages.
- 16:52You're seeing just like trash content, honestly.
- 16:56Em dash, emojis...
- 16:58Emojis.
- 16:58Yeah.
- 16:59So we're discerning as humans.
- 17:00Yeah.
- 17:01Like we don't give ourselves enough credit, but I do think that we are
- 17:03discerning, and again, it's the testament to why the human component in your
- 17:07marketing strategy is so impactful.
- 17:09And it's shared pain too.
- 17:10I mean, I think that's why like, the community stuff that, where I met
- 17:13Matt, is been so powerful because you're identifying, you're finding
- 17:17that community, you're sharing those pains, you have promises for the future.
- 17:22And so I think we're all like around AI, like there's a lot of shared pain
- 17:25of how do we, how do we harness this?
- 17:28How do we avoid risk?
- 17:29How do we make the most of, you know, and we're really on the
- 17:31precipice of a new way of working.
- 17:34So that's kind of a shared pain, but also a very exciting promise.
- 17:38So I feel like.
- 17:39I don't have, you know, last year's CONNECT to compare to.
- 17:42But it's particularly exciting as we're, you know, looking into a future
- 17:45that's just gonna be totally different than what we've experienced so far.
- 17:49Which is so exciting.
- 17:51Yeah.
- 17:51Exciting, scary.
- 17:52Yeah.
- 17:52All the things.
- 17:53All the things everywhere, all at once.
- 17:54Yeah.
- 17:55It's a journey.
- 17:55There's no destination.
- 17:56We just keep moving forward.
- 17:58The rules keep changing.
- 17:59The technology keeps changing, but, we'll make it work.
- 18:01Well, Alyssa and Kate, thanks so much for joining us.
- 18:03Thank you.
- 18:04Thanks, Matt.
- 18:04Enjoy the goats.
- 18:05Enjoy the kittens.
- 18:06Enjoy the party tonight.
- 18:07Thanks so much.
- 18:08It's been a good couple days.
- 18:09Thanks Matt.