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2 minute read
Determining our priorities
The following KPIs will be used in evaluating events to attract and fund to assist in building Wagga Wagga’s events portfolio with a clear difference between community benefit and tourism event assessment:
Category
Destination Event
Lifestyle and Legacy
Activates existing and/or enables new infrastructure Create new experiences
Major Tourism Events –
Incubator Events
(events in their first or second year) Activates key infrastructure Local pride New experiences Balanced event portfolio Build capability
City reputation and appeal
Media reach: Regional to international Repeat visitation The fit with destination positioning
Media reach and value: Regional/National Repeat visitation Offers new and distinctive experiences that activate brand positioning
Major Tourism Events –
Developing Events
(events that have been running for more than 2 consecutive years) Activates key infrastructure Local pride New experiences Balanced event portfolio Build capability Media reach and value: National Repeat visitation Offers new and distinctive experiences that activate brand positioning
Active Sports Tourism Carnivals and Marquee Events - Active
Sports Tourism
Activates existing and/or enables new infrastructure Builds capability, supports local sporting organisations Introduces first time visitors to the city Media reach and value: Local to regional
Active Sports Tourism Carnivals and Marquee Events - Marquee
Events
Activates existing and/or enables new infrastructure Multi-year contracts Local community attendance Attendance numbers: 5,000+ (or highest level of competition available) Media reach and value: Local to national
Economic Impact
Overnight visitation: min 2 to 3 nights Visitor numbers: 5000+ Visitor spend Time of year: shoulder ROI: 20:1
Overnight visitation: min 2 nights Visitor numbers: 1000+ (or smaller, niche event with national media reach) Time of year: not defined ROI: 10:1 (Visitor nights x average visitor spend/amount sponsored) Cost per visitor: Total sponsorship value/Total visitors
Overnight visitation: min 2 nights Visitor numbers: 1000 - 3000+ (or smaller, niche event with national media reach) Visitor spend Time of year: shoulder ROI: 15:1 (Visitor nights x average visitor spend/amount sponsored) Cost per visitor: Total sponsorship value/Total visitors
Overnight visitation: min 2+ nights Visitor numbers: 400+ Time of year: low/mid-week ROI: 20:1 (Visitor nights x average visitor spend/amount sponsored) Cost per visitor: Total sponsorship value/Total visitors
Daytrip visitation –variable depending on the event Overnight visitation: min 1 night
Category
Community Events
Niche Business
Lifestyle and Legacy
Builds capability, supports local sporting organisations.
Community participation at the event Engagement of local community groups
Use of local suppliers Activates existing venues and encourages new development
City reputation and appeal
Attendance numbers: 200-8,000 Local stories in the media
Media reach: Regional to national Growth in key industry sectors
Economic Impact
Small visitor numbers, ROI –not measured.
Overnight visitation: min 2 to 3 nights Time of year: low/mid-week ROI: 15:1