You’ve got a million-dollar event budget. Great. But how are you spending that million dollars?
Do you spend exactly $1 million and play it safe, or do you add that extra 15–20% and potentially walk away with data, insights, and outcomes that actually move your business forward?
It all comes down to return on experience (ROE). If an event isn’t delivering real strategic value, it’s just an expensive getaway.
But:
Let’s dive in.
Before we talk numbers, charts, and strategy, here’s the big picture:
✅ That extra spend you’re debating? It might be the reason your event hits its goals.
✅ A better experience (for attendees and internal teams) often leads to better data, clearer insights, and stronger business outcomes.
✅ Not all dollars are equal. Some deliver far more value than others.
✅ You do need a clear plan for how spending connects to event outcomes.
Here’s a graph showing how ROI behaves across different event budget levels.
Think of your event budget like a curve. You’re spending up to $1 million, and results (engagement, insights, leads, satisfaction) are growing, but not significantly. You’re covering basics: hotel, A/V, registration, and content. But at this level, the return is steady, even a little flat.
Then comes the jump.
At around $1.1M to $1.2M, we often see what’s called increasing returns at the margin. That’s where a relatively small incremental spend drives a disproportionately large leap in value.
That extra $200K?
It might go toward better speaker coaching, more seamless registration tech, improved transportation, or elevated F&B. But it ends up giving your company:
You’ve moved from spending to investing. And the payoff shows up not just in satisfaction scores, but in pipeline, retention, and morale.
ROE doesn’t mean “was it fun?” It means the experience, when thoughtfully designed, achieves your real business goals.
Here’s how we break it down:
Ask yourself: Are you designing an event that checks boxes, or one that solves problems?
Let’s say you're trying to trim your event budget. Here are a few real-world examples we’ve seen and what happened next:
💸 Transportation vendor offers a low bid… and shows up late.
💸 Venue is in a Tier 2 city to save money… but flights require connections and hotels cost more.
💸 You skip the executive breakfast on the incentive trip to save $5K.
These cuts may look smart on paper, but often lead to poorer outcomes that quietly cost more in the long run.
Let’s make this actionable. Here’s how to evaluate whether you’re getting the most out of your event budget and where that extra spend might actually pay off.
Ask: Are you spending on things that deliver value you can actually measure?
Small upgrades in these areas can dramatically improve the attendee experience and therefore the outcome.
Choosing the “cheaper” city isn’t always cheaper. Connecting flights, transportation headaches, and extra costs on local services can chip away at your budget. A Tier 1 destination might look pricey, but the experience (and ease) for attendees can be far superior.
Keep in mind, it’s all about balance – make sure you evaluate all costs and experience factors before you make a decision one way or another.
The ROI curve eventually flattens. So ask:
Look for that sweet spot (where the next dollar spent is still driving outcomes).
Don’t pick the lowest bidder.
Pick the partner who delivers on service, shows up early, and makes your life easier. You’ll thank yourself when things run smoothly at your event and attendees notice.
Not all impact is flashy, but the little things stack up in big ways.
Every line item on your budget should tie back to a goal:
If it doesn’t tie back to something meaningful, it might be time to rethink it. Or shift that spend to where it really makes an impact.
Numbers are great, but narratives close the loop. Show your C-suite:
We’ve seen it time and time again: the difference between a “fine” event and a strategic win is often in that marginal spend.
Yes, you can spend a million on your event and check all the boxes.
But if you spend $1.2M and walk away with HR data that shapes your next org-wide initiative (or sales insights that help you crush Q4), then that extra $200K was a multiplier.
And the better question becomes: Where’s your inflection point?
We help brands figure out exactly where that extra dollar starts pulling its weight and when it stops. If you’re ready to maximize the ROI and ROE of your next event, reach out to our team to chat about your next event.