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Digg it UP - The Lines Are Drawn: ROI vs. ROO
Nowadays, we complain nearly all of the time about how few businesses remember how to provide quality service to their customers. But a recent trip to Italy not only reminded me that the art of service is not dead, but that providing outstanding service is the key to almost any succes
One of the most important aspects of our job as conferences and meetings planners is to help our client’s determine how they will measure the success of their meeting or conference. At the very beginning of the meeting or conference planning process, we sit down with our clients and work with them to figure out what they want to accomplish during t
Bar code label makers are special computer programs that can design templates for bar code labels. These programs can perform tasks such as sizing the bar code, encoding the numerical information, database features and include other information such as name of company, product name, da
ROI typically expresses the worth of a meeting or conferences in monetary terms – the number of dollars gained or lost as a result of the meeting or conferences after you account for all associated expenses. ROO, on the other hand, measures whether the objectives of a meeting or conferences have been met, such as whether sales representatives can recall the selling points of a product six months or a year after a sales training meeting.
Since the goals for hosting meetings and conferences typically expand far beyond monetary reasons alone, simply looking at the financial aspect of your meeting is incomplete when measuring value.
We highly recommend that senior staff determine very specific objectives and get the buy in from all key players within your organization at the beginning of your planning process. Your overall goal then, and a means to measure the success of the meeting or conference, should directly relate to comparing the results found through financial reports, surveys, growth, and much more. Event managers need to be able to provide credible data supporting the value of the meeting or conference.
When determining how you are going to measure the results of your conferences or meeting, understand that the answer is not one size fits all. For some client’s, we find that ROI is the best measurement means, for others, it’s ROO and still others it is a combination of both.
One of the most important aspects of our job as conferences and meetings planners is to help our client’s determine how they will measure the success of their meeting or conference. At the very beginning of the meeting or conference planning process, we sit down with our clients and work with them to figure out what they want to accomplish during th
When you are shopping for office copier paper, it makes sense to look for a great deal, even buying in volume if the savings are good enough. But if you get taken in by consumer attitude in some areas of business, then you risk getting buried by more prudent businesses.Can you i
Since the goals for hosting meetings and conferences typically expand far beyond monetary reasons alone, simply looking at the financial aspect of your meeting is incomplete when measuring value.
We highly recommend that senior staff determine very specific objectives and get the buy in from all key players within your organization at the beginning of your planning process. Your overall goal then, and a means to measure the success of the meeting or conference, should directly relate to comparing the results found through financial reports, surveys, growth, and much more. Event managers need to be able to provide credible data supporting the value of the meeting or conference.
When determining how you are going to measure the results of your conferences or meeting, understand that the answer is not one size fits all. For some client’s, we find that ROI is the best measurement means, for others, it’s ROO and still others it is a combination of both.
One of the most important aspects of our job as conferences and meetings planners is to help our client’s determine how they will measure the success of their meeting or conference. At the very beginning of the meeting or conference planning process, we sit down with our clients and work with them to figure out what they want to accomplish during t
The expansion of health industry in the form of pharmaceutical companies has opened up numerous job opportunities. Since, the Pharmaceutical companies manufacture medicines and drugs, a large number of work force gets employed owing to its huge strata of departments. Right from scienti
We highly recommend that senior staff determine very specific objectives and get the buy in from all key players within your organization at the beginning of your planning process. Your overall goal then, and a means to measure the success of the meeting or conference, should directly relate to comparing the results found through financial reports, surveys, growth, and much more. Event managers need to be able to provide credible data supporting the value of the meeting or conference.
When determining how you are going to measure the results of your conferences or meeting, understand that the answer is not one size fits all. For some client’s, we find that ROI is the best measurement means, for others, it’s ROO and still others it is a combination of both.
One of the most important aspects of our job as conferences and meetings planners is to help our client’s determine how they will measure the success of their meeting or conference. At the very beginning of the meeting or conference planning process, we sit down with our clients and work with them to figure out what they want to accomplish during t
Have you been to a restaurant and been totally amazed at how great the service was?Have you ever made a purchase from a website and been impressed with how efficient, simple and stress-free it was to use?Have you gone back there? Have you told your friends about them?
When determining how you are going to measure the results of your conferences or meeting, understand that the answer is not one size fits all. For some client’s, we find that ROI is the best measurement means, for others, it’s ROO and still others it is a combination of both.
One of the most important aspects of our job as conferences and meetings planners is to help our client’s determine how they will measure the success of their meeting or conference. At the very beginning of the meeting or conference planning process, we sit down with our clients and work with them to figure out what they want to accomplish during t
Publicity is a great way to reach a lot of people with a limited budget. The key is to have a message that is newsworthy, which obviously changes all the time. Years ago it was enough to launch a new website. Nowadays that’s too common. As I’m writing this, there’s a 12-year old girl m
One of the most important aspects of our job as conferences and meetings planners is to help our client’s determine how they will measure the success of their meeting or conference. At the very beginning of the meeting or conference planning process, we sit down with our clients and work with them to figure out what they want to accomplish during the conference or meeting and how to best measure that. It’s imperative to take this first step in order to effectively determine how successful your meeting turns out to be in the end.
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