We spoke to ParkourSC, returning LogiPharma Partners, a LogiPharma 4.0 Connect in Montreux, Switzerland in November 2022
ParkourSC was founded in 2014 with a vision for a radical new approach to unlock value trapped within supply chains, transforming them into powerful data-driven strategic assets.
They are led by a team of industry veterans in Cloud computing, IoT sensors, predictive analytics, and hyperscale network platforms; and backed by an active Board of Advisors with deep global supply chain expertise. Their patented techniques contextualize real-time data for actionable intelligence. They see the opportunities.
Yes, we've done both the Nice event and the Boston event. We were extremely impressed with what we saw there in terms of the activity we're getting by the attendees, and we recognize that the Connect event would give us that 1-1 intimacy to explain who we are and what we do. Plus, we actually had a fireside chat to help us with more branding, but more importantly, for leads as part of our sales process.
It's been very good, they’re very engaged. They’re mid to senior levels as well as decision makers, which we love to see as a vendor, so it's been very good.
I would probably say in the realms of 14 to 15 overall, which is quite a high number for us. Each of us here has done 3 a piece that have been pre-booked, and then we've obviously had the ad-hoc meetings and those informal get-togethers. I’d say we’ll have a good follow up with roughly about a quarter of them.
Those can take months, and we have a dedicated team that does that for us. The time and expense to do that rolls into our ROI calculations on how quickly can we actually get in front of these individuals. Many of us are new, they don't know who we are, so that's often a challenge because they don't pick up cold calling and things like that. I think it's cut it down by a good 45 to 50% in terms of time, which is significant for us.
Yes we did and it helped significantly. I've not seen that too often, so kudos to you for getting that done. It helps us channel where our focus should be, and also for the attendees on the customer side, they want to know that they're going to have meaningful conversations with vendors who are going to meet a specific need that they have. We try and use the information you've provided to help us be more selective and more focused.
It was very well received. We actually had it with one of the partners that we're working with, so we could demonstrate the customer perspective. I think this audience much prefer hearing from a customer that's one of their peers about what they're doing rather than a vendor like us. We’re able to show exactly what we do. That combination works better for us. That's typically how we like to be on stage when we get the opportunity.
Yes, most certainly. A couple of the prescheduled meetings were actual panelists or speakers, so listening to those, we could actually get a sense of what the topics were they wanted to discuss, and obviously, worked that into our talk track when we spoke to them. So it was very, very beneficial.
I often find those informal sessions over a lunch or tea break is when we get people more relaxed, obviously, and therefore more open to describing what their solutions are and what solutions they're currently using, what they're looking to do in the future from a business standpoint. Those have been extremely beneficial.
Yes. We've already signed up for next year, as an example, so yes. It's the branding element first, because some of our core customers are here, and for them, we want to make sure that they see we're present and supporting them. For the other delegates it is to get that exposure for ourselves as we move across different markets.
We're always looking to make sure we're building the pipeline and getting in front of the customer as much as possible in a 1-1 setting. Oftentimes, when you're in a work environment, they don't really have the time nor do I. I've got time for a scheduled meeting, it's 35 minutes or 45 and that's all you get. Here with the networking sessions, you can have that more informal discussion outside of their work environment as well.
The two core things on how we assess any event obviously is, "What brand recognition do we get?" and, "What pipeline does it generate for us?" Those are the metrics that we go by, but there's that third intangible, which is getting the FaceTime of prospects and customs.
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